something has got to give at this point, and I have a case for both the upside and the downside.
Looks like the Dollarmight experience weakness against the Ruble. However, I would like the 70.555 level (a)-blue to get breached in order to be confident in this picture....
a really interesting picture is developing here, I think we are currently undergoing a healthy retracement that might be open up an amazing trade longterm.
Longterm, both NZD and AUD seem to be showing signs of future strength, Volume supports this and commodities have witnessed a massive slide (AUD/NZD are both underpinned by commodities)
Just the kind of chart we like to find....follow for updates.
More consolidation going forward, but I think we are still overall bullish on this one.
The Euro looks to be finding some sort of a floor, so lets see how this plays out.
A pretty decent setup with this one. Looks like we might be chasing a bullish peak. Entry looks attractive and risk;reward is well established.
longterm I think we get a stronger dollar, and the current dip might open up opportunities to ride this to the upside in order to complete the larger wave cycle.
The dollar has been on a bullish run, but I think it may be time for a bit of a cool-off...
Golds been on a run to the bear side, and I have to admit I didnt see this one coming and have tried to catch the bottom multiple time to no avail. However, I think I may have an idea of where the pain may show signs of stoping. The Dollar index also shows signs of a slowdown followed buy one more play to the bull side for a cycle completion. www.tradingview.com
We've seen another 5-wave play off what was a top, lets see how deep this correction gets.