USD 3 Scenarios for this week and next one
- Scenario #1: where price will just start to move to the downside as we are now at the 78.6% fibo retracment.
- scenario #2: where price might move to the upside first to liquidate the last LH before moving to the downside (IF ANY)
- Scenario #3: where price will go to the upside first to retest the 105 level as...
Despite the positive NFP, the #DXY is not able to break above the highlighted yellow zone (Ress) on the 4h TF. i do see 2 scenarios here and both are highlighted with the yellow and red arrows.
Hello guys,
in this video i share my mid-market review on #DXY #EURUSD #GBPUSD #EURAUD #EURNZD #XAUUSD #Gold
i do analyze in my video what happened since beginning of the week and what to expect next.
please let me know if you have any questions :)
Hello Everyone,
right now its very hard o analyze the USD index due to the current circumstances at the market but i do believe that we should see for short term move higher to the are i identified in the chart which is going to have 3 confluences for me to move later lower. the 3 confluences are:
1. 3rd touch for the trend line (of the long / medium downtrend)
2....
Hello Guys,
here i'm sharing my idea on EUR/USD currency pair, usually i'm interested in long term trades trying to catch the very top and bottoms in the patterns. in the 2 charts you can see the pair in monthly and weekly time frames.
1st: Starting with the monthly we see that the price breached very strong are which acted as resistance & support since January...
in the 4 charts i'm sharing now (1M, 1W, 1D and 4h) charts, i do see personally it going down to 93.0 but before i short it i have to see price go and close below 94.85 (visible in 1W chart)
- in the monthly chart we can see that the price couldn't close above or even within the area of 95.50 and 96.30 which is very strong historical area.
- in the weekly chart...
Okay EURNZD price broke the resistance area which was respected since May 2013 ! I believe if the price will close above this resistance area so it will become support and future resistance will be 1.80100 area.
Look at the chart for more details.
It's Just Idea!
Hesham
Hello Guys,
here is just my simple idea and my overview for EURUSD. as we all know market is repeating itself.
DO NOT TAKE IT AS SIGNAL, you trade on your own risk.
Best Regards,
Hesham
Hello Guys,
here is just my simple idea and my overview for EURUSD. as we all know market is repeating itself.
DO NOT TAKE IT AS SIGNAL, you trade on your own risk.
Best Regards,
Hesham
