If it comes out the Ascending channel we will have greatest buy or sell.
And this lead to EURUSD to be in Descending channel. so while dxy it is in a ascending channel it may bounce on the green trendline going up for upper red trendline, so we might have a sell on EURUSD, until month End. it will be moving inside the channel.
It's retracing, remember that EUR has no strength to overpower POUND and yet Pound is been Going up This week and it seems to go up. now balance the equation if you buy GBPUSD also Sell EURGBP.
As we can see it have been on retracement but yesterday it have engulfed the retracement.... so that gives us an great opportunity to short the market.
This is Gold Index, as you can see that it have produced an impulsive retracement of ABC, from B to C according to fibonacci it have retraced in between 0.5(50%) and 0.382(38.2%) that gives us shallow retacement which signals an strong uptrend, therefore from C it will have to move up to 167.18 to make an complete impulsive retracement. Please this is an...
if it continues going down you have a great opportunity on
BUYING EURUSD, GBPUSD, AUDUSD, AUDJPY, AUDCAD, NZDUSD, GBPJPY, GBPCHF.
SELLING GBPAUD, EURAUD, EURGBP, USDCAD, USDJPY, USDZAR, USDMXN.
ALL these currencies are highly affected by US DOLLAR. HAVE LOVELY TRADING. 😀😃💵💴💰💲💱
Gold is in the major Resistance at the same time on a rising wedge, it moves rapidly
so two things can happen and it's possible at anytime for it to break the major resistance or Go down but as compared to US dollar it can win. and continue with a tremendous move up the. have great and successful trading.
As you can see that US Index is approaching the major resistance. that we give us a good signals on major currency pairs which are mostly affected by USD. be ready to Buy EURUSD, GBPUSD, AUDUSD, NZDUSD, and short USDCAD, USDJPY, USDCHF. for long term.
