Bulla are trying to retest broken trendline + possible supply based on daily chart
As you can see on the weekly chart bulls have two possibilities to recover towards end of the year and probably this week events ( elections + FOMC ) may create opportunity ( it's related to prevous DXY analysis here ): 1. Based on the last two weeks PA swing low around 1,13 might be in place ( would be great to close above last week high ) or... 2. Full...
Last week extremes ( high and low ) are going to be very important for both sides. Mid term elections in US on Tuesday and FOMC on Thursday ( no change but statemnt as key ) could give Us few hints about dollar near term future ( where we are going to be at the end of the year ). Bulls: "thank you NFP" , bulls used better number as excuse to avoid damage on...
USDJPY looking to sell based on our weekly analysis here but.... Bears were not able to hold below 111,70/60 after the breakdown last Friday. So we can assume that was stop hunt only and we need to see failure/stop hunt to the upside before selling.
Things may get interesting if we can hold Friday low at the US close and during Tokio session...
EURUSD 1,1422/33 intraday key lvl in my opinion ( close above might be bullish ) , possible intrtaday demand around 1360/50 End of the month flow will dominates today ( if US comapnies want to transfer dollar in October casue of TAX reform they have to buy it today t+2 on spot )
Intraday 97 here we go again... Looking for a failure here in between 96,80 and 97 ( please check lower TF for confirmation ). Rejection here during NY session may bring profit taking ahead of the weekend. Weekly close above will open 100.
Failure above trendline, weak close yesterday. Close below 145 and bulls might be in BIG trouble
Looking for stop hunting above yesterday and Friday high with rejection, if seen that's going to be my selling opportunity with target around 1560/40. GL
There are two opportunities here. I am favouring the short bias. The USD has now over extended, having been on a huge run post Trade War blows with China. We have two trendlines to act as protection / resistance for the stops. Great risk / reward ratio.
Already shorted the market as Trend Trading Trade so is obvious that I'm bearish on this pair. On the actual trade, I've already shifted Stop Loss to Entry #SLE and attained a Risk-Free Trade #RFT. I'm still looking for more shorting opportunity to short the market. Traders, please don't chase, follow your trading rules, and for those who like to receive the...
There are 3 targets I'm looking at, 1st level will be where the arrow ended. Target 2 previous recent low and Target3, your guess ya. Do your own analysis for your trade and remember always to place a good stop.
EURUSD has finally made its pullback. I have taken a position at the yellow supply/demand zone. I am taking a tight loss and expecting eur to fall after FOMC.
Looking for shorting opportunity in this zone, different from EURUSD that can just look for a retest, I will need more confirmation before I engage a short in this trade.
Looking for shorting opportunity at this region, H1 retest of resistance with RSI Div.
A trade setup on a counter trend trade, taking a single target on this, The Resistance(red line) is known as my Target2, however, I will not be taking that not until Target1 is achieved and I wait for the retest before engaging the trade. The head of the Head and Shoulder sits on the PtD of Bullish Deep Crab