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1. GBP will get some room to pull back since DXY demands it too. 2. The overall trend is still downward so trading pull-back is extremely risk. We don't know if the pull-back can reach our expecting position. ===> Short at around 1.28750 to 1.28000. Keep an eye on the downward momentum and see if the price can breach 1.28000.

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1. Upward trend line since August 15th has just been breached. If it forms a reistance, look for signal to short to 1192. 2. Second probablilty: wait until price pulls back to around 1204 then short to 1192.

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A note to myself.

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Since I missed the opportunity to go short today, I just have to wait for another possible opportunity. Missing a golden chance sometimes is just equally hurts as losing money. Only thing I can do is telling myself there are chances everyday and staying calm. LOL

zuoertai Updated 

1. DXY is likely to pull back since it has almost reached previous highest, which will give EUR some room to bounce back to resistance. 2. However, DXY is likely to remain strong for now. 3. Until Italy and Brexit issues are solved, uncertainty remains. ===> Short EURUSD only it reaches key resistance level. Pay special attention on supportive region 1.130-1.132

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Possible movements and precaution are marked on the chart.

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1. DXY is likely to pull back during the day a bit but remain strong afterwards. 2. Uncertainties from other currencies such as GBP and EUR are likely to push DXY. 3. However, keep an eye on risk aversion mood due to stock markets. It seems unstable again recently. Short to 1204 if key resistance region 1212-1214 holds. It resistance is breached, might be a...

zuoertai Updated 

1. Major resistance level holds 2. Upward trend line has been breached 3. New downward trend line has formed 4. DXY is expected to continue its upward trend after pull-back ===> Short at around 1.31000 and take profit at around 1.30000 *Keep an eye on upper resistance level at around 1.31000 as well as Brexit news.

zuoertai Updated 

Price was fluctuating within seven dollar range that has no obvious trend last night. Keep eyes on marked resistance and support level and look for confirmed breach.

zuoertai Updated 

*JUST A NOTE TO MYSELF* See if 1222 resistance region holds. If yes, with strong DXY might short to 1212.

zuoertai Updated 

Wait until the price falls back to 1222-1223 region then take long position to 1233-1234 region. Keep an eye on the if support level holds (even if it is very strong).

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Price has been hit back by the major resistance level and also breached the upward trend line. I would expect the price to go down further to two possible locations on the chart.

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1. Wait for the price retraces back to around 1230-1232, take long position. TP at around 1240.

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There are two possible movement of price: 1. Red arrows (most likely): short at around 1.14200-1.14300, target 1.13800 or 1.13386. Stop loss at 1.14530 2. Green arrow: long at around 1.1380, target 1.14330. Stop loss at 1.13600

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1. If support at around 1.30 holds, take long position to 1.30850, stop loss at 1.29730. 2. If the price retraces back to around 1.29400, take long position to 1.30500. Stop loss at 1.29080.

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Price has just breached the descending trend line since October 16th due to good news about Brexit. UK is expected to exit European Union with an agreement because it's simply better off for both sides. I believe the time to long GBP has finally come. Strategy: Wait until price retraces to around 1.27774 to take a long position. Take profit at around 1.29200

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Take long position at around 112.740 - T/P 1 at around 113.400 - T/P 2 at around 113.800

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The descending momentum has been very strong since October 26th, and vital support at around 1216 has been breached. So far we can see that 1216 has become a resistance level that the price is still possibly going down for a bit. 1. Take short position at around 1216.50 to 1207. Stop loss at 1218.