Above 137.15 this pair remain BULLISH. 137.15 is the DTF 200 sma . Look to BUY this pair on dips. A move down to 138.76 would present an excellent LONG trade. On the lower time frames studies look stretched so a move south to ease overbought conditions is likely at the start of the week.
The triggering of Article 50 was supposed to herald a steep fall in the fortunes of GBP/USD seems instead to have turned the GBP increasingly BULLISH. Possibly an example of sell the rumour buy the news. All GBP pairs are looking increasingly BULLISH and we recommend LONG positions on this and all other GBP pairs. As long as we remain above 1.2376 GBP/USD is a...
AUDNZD has pushed into overbought and the TDI suggests the BULLS are weakening. SELL this pair with a STOP at 1.0950 (12 pip risk) This is still a BULLISH pair so this is a scalp trade down to 1.0900 or lower depending on price action.
EURUSD is trapped in a tightening wedge since 12:00 GMT and could break either way. The TDI picture is neutral to BULLISH so my guess would be a break north. Go long once the wedge is broken from about 1.0760. Under 1.0750 the look to SHORT.
GBP under pressure and this pair are headed south. SELL at market 1.6588 1.6450 first target
Considerable headwinds are gathering for GBPUSD with 1.27 sitting right on the 200 day sma and double resistance at 1.2781 coming in the shape of recent highs and 23.6 Fibonacci. These two targets look a long way away with overbought pressure building and we favour a move south from these levels before the BULLS can gather for another run higher.
EURUSD looks to be reversing from current levels having hit 1.0904 resistance which coincides with the 200 sma on the Daily. The BULLS aren't out of this market so I expect declines to be limited and 1.0780 looks a likely place where the BULLS may gather. With RSI and TDI declining this looks like a SHORT trade for now particularly as the USD attempts a mild recovery.
Week commencing 27/03/2017 Traders Dynamic Index DTF Bearish H4 Bearish H1 turning mildly bullish Structure BULLISH above 84.48 BEARISH below Current outlook Mixed Trade idea SELL for 82.18
Week commencing 27/03/2017 Traders Dynamic Index DTF very Bearish H4 Bearish H1 turning Bullish from oversold Structure Neutral Current outlook Bearish Trade idea SELL down to parity and see if support holds. 1.0086 triple support could be a buy.
Week commencing 27/03/2017 Traders Dynamic Index DTD Bearish H4 Bearish H1 Potentially moving north out of oversold Structure Neutral Current outlook Probably Bearish Trade idea Looks Bearish overall but the H1 TDI suggests possible recovery but .7670 will need to be taken out. Look to SELL this pair down to .7500 where support may be found.
Week commencing 27/03/2017 Technically BULLISH but quite a lot of negative dollar sentiment might keep the BULLS at bay. Look to BUY at support. Traders Dynamic Index DTF Bullish H4 Bullish H1 Bullish Structure Bullish Current outlook Bullish Trade idea Look to BUY at support at .9838 area
Traders Dynamic Index DTF Bullish H4 Bullish H1 Bullish Structure BULLISH whilst above 1.3260 Current outlook Bullish Trade idea BUY to 1.3466 then SELL 1.3260 look to BUY. Under 1.3260 SELL
Week commencing 27/03/2017 Traders Dynamic Index DTF Bearish H4 turning very BULLISH H1 mixed Structure BULLISH Current outlook Mixed Trade idea Looks a solid BUY from 109.00 area The break of the 110.62 Fib level suggests we are headed lower but BULL pressure is building
Week commencing 27/03/2017 Traders Dynamic Index DTF Bullish H4 Neutral H1 Neutral Structure Increasingly BULLISH – consolidating between 1.5208 and 1.5441 Current outlook BULLISH Trade idea SELL under 1.5208 BUY above 1.5441 BUY at 1.5320
Week commencing 27/03/2017 North of 1.5441 go LONG South of 1.5208 go SHORT Traders Dynamic Index DTF Bullish H4 Neutral H1 Neutral Structure Increasingly BULLISH – consolidating between 1.5208 and 1.5441 Current outlook BULLISH Trade idea SELL under 1.5208 BUY above 1.5441 BUY at 1.5320
Week commencing 27/03/2017 Traders Dynamic Index DTF Bullish H4 Bullish H1 turning Bearish Structure BEARISH whilst price stays under 1.4749 Current outlook BEARISH Trade idea SELL down to 1.4000 area and see if the BULLS enter the market. Look to BUY at 1.4000 or above
Traders Dynamic Index DTF DTI Bullish H4 neutral H1 turning mildly bullish Structure BULLISH above 1.4353 Current outlook NEUTRAL Trade idea Unclear BUY above 1.4487 SELL below 1.4355
Traders Dynamic Index DTF TDI neutral H4 TDI neutral H1 TDI neutral Structure NEUTRAL Current outlook NEUTRAL Trade idea EURCHF remains locked in its sideways channel. SELL below 1.0624 BUY above 1.0764