Counter trendline breakout, plus bullish engulfing break of resistance. Good chance here to go long on the pullback before a continuation to the downtrend
Potential setup here, making lower low & lower highs.. Pull back to the 50% news after pound news yesterday, now watching for a break of the CTL for potential shorts. Price is back under weekly support keeping an eye on this
Price reaching its furthest level of retracement, will be watching for a reversal at this zone.. A break past that level will signal a change of trend..
In a downtrend, rejecting off the 50% fibonacci level then breaking through the 38.2 showing bearish momentum returning.. Price now looks to be breaking its counter trendline to the downside, waiting for a retest & reversal pattern for potential shorts
Back at the channel bottom / daily support. Watching for a break or bounce, let price action be the catalyst & trade what you see not what you think! ;)
Watching for a daily closure above 109.400 .. Price made a triple bottom at key level support, & may be looking to start climbing back to the upside. Watching this one closely..
Price broke out of consolidation to the upside, now retesting previous resistance as support. Expecting more dollar bullish price action ahead for this month
Waiting for a 4 hour close to look for shorts on this pair. Price rejecting its downtrend line / the 50% fibonacci level is acting as resistance as well. Price should continue down to create a lower low..
The US Dollar Continued to appreciate against the South African Rand after it reached the dotted support line near the 11.80 level on January 23. After testing the 50.00% Fibonacci retracement level, the pair started moving back in the opposite direction. This retracement can be measured by connecting the high at 12.55 and the low at 11.80. The pair are stranded...
Double top to weekly resistance / rejection to the monthly downtrend line. Price broke its 4 hour ascending trendline & looks to have came back for a retest, now watching for a break of minor support for potential shorts
Price currently testing a supply zone, now watching for a break & retest for entry for longs up to 1.26000
Watching this pair closely this week as the dollar is looking bullish again.. NFP went great showing growth in the US economy, plus the technicals are showing the same.. Will be watching for a reversal pattern to the fib regions & a potential further pullback is possible. Weekly inside bar reversal pattern to 108.400 confirmed, so this pair will climb higher!
Double top pattern played out well, now broke below support. Watching for price when retesting this zone for potential entry
Making its 3rd touch to the ascending trendline, rejecting off the 200 ema. A daily closure is preferred first before entering if price closes above the trendline or not. If the trendline breaks the next level of interest is around 6K
Channel breakout & retest. Now watching for a break of support & retest for confirmation..
Price broke its triangle pattern to the upside, now testing channel resistance. Price broke above its supply zone 109.400, lets see if price can break to the upside from here!
price bounced off 88.60 weekly support, & the technicals are showing bullish.. However with NFP price can go either way. Lets see whats in store for the dollar this year!