Bullish USD Trend

Bullish USD Trend

Comment:

Bullish Trap or shakeout ? Fundamental will tell the story next few days;

Here is a Bear:

www.investing.com/an...king-about-200176420

Comment:

Time to vote ... are you a bull or a bear ?!

Comment:

Here is a big bull

www.bloomberg.com/ne...ating-march-fed-odds

Comment:

Bulls rejected all the selling pressure below 100.80 , buying the dips everyday. Today is up to Trump to deliver something either to the bears either to the bulls;

Comment:

102 Looks like the level to keep an eye on!

Comment:

Opinionway poll: 1st round: Le Pen 27% (+2), Macron 24% (+1) and Fillon 19% (-2%). 2nd Round: Macron 62% vs. Le Pen 38%, Fillon 57% vs. Le Pen 43%
-------------
We might see some profit taking , but these is only will help us see how convinced are houses with big firepower that can keep positions over weekend how convinced they are in regards to a kike in March, they should step in and buy below 102 if they are convinced. If they wait FED Chairman it means is no big buy around. The battle should be when figures for ISM Non-Manufacturing PMI will cross the wires as than is the moment of the day with the most active traders online;

Comment:

Take profits , shake retail and accumulate ... these has only one direction UP!

Comment:

Made new high in March 102.25

Comment:

As a bull definitely you got hedged or stoped out in last days, but if you I was hedged , I will be looking at these levels to get out of the short leg.

Comment:

If you are still a bull and hedged on the way down , you have some losses for sure from gaps between the long leg and short leg as trying to ride back the uptrend. I count at least 3 major times when markets should shake me out because of closing the short leg so depending how low you put the pending short you might have to recoup at least 90 points. If to use fibo on the latest down wave , the price is around 0.382% which is 100.15 as price , the safest level where you can affirm that market turnaround. As a bull I will try one of the last times to get out of short leg mark profits and let the long leg recover from losses and maybe make also some profits. Most probably the high of March month will only break even the trade. If today 30 March will close above 100.15 , I will find the excuse to get rid of the short;

Comment:

Definitely you have losses as a bull on the dollar; Won battle declared for the bears :|