As of writing, November 7, 2018 @ 12:26pm, the CAD’s hammer against the USD is packing 0.17% punch while the USD’s hammer against the CAD is packing -0.16% punch. So, at this moment, the Canadian dollar is packing a stronger punch, which means that the Canadian dollar is gaining strength against the USD. So, traders can take advantage of this strength difference...
The U.S. Dollar is going to drop compared to the Canadian dollar because of the recent election in Canada. Having the Liberal party out of the Parliament means that PC will stop the damage that was a ongoing problem with the Liberal Party. The PC party will be creating jobs and will be pulling the Canadian debt back from where it currently is as the liberals...
DXY reached it's strong support price @ 89.44, Now there is a good probability to go Bullish until price @ 90.46
It seems DXY index reached it's support @ 89.43. Now there is a good opportunity to bullish until price @ 90.46
It seems DXY index reached it's support @ 89.43. Now there is a good opportunity to bullish until price @ 90.46
[ ]At the time of writing this article/idea our full short position is now justified in both of the precious metals gold and silver from the risk and reward measurement Not too long ago on friday we closed our net short position in both metals in our group,since then we have seen huge rally in gold and silver as expected before,we already mentioned our short...
THE U.S. DOLLAR IS FALLING EVER SINCE. U.S. Dollar may be uptrending for now in the short term, but in the long run- I see a fall. CRYPTOS, STOCKS, GOLDS, SILVER WILL RISE.
Hello Traders, With the Fed meeting tomorrow I expect the dollar to strengthen. Although a rate hike is not likely until December, I believe the market will react now in preparation of the December rate hike. The Percentage points represent the probability of the target to be hit.
US dollar is sitting inside monthly demand zone after several attempts to go lower. Though still in a down trend, could it be close to turning around?
Since July, US Dollar index has been in price divergence. Price action showing signs as well. Is it possible that turn around is coming on Weak US dollar
This week as long as the EURUSD price will be above 1.20 trend still bullish . Stay long or open new long positions above 1.20 with 1.2125 and 1.2220 as targets before falling again. Buy the deeps will be the better strategy for EURUSD trading at the moment. On the weekly and daily charts the price of the cross still above all moving averages so that bullish trend...
Multiple reasons lead to the idea of a UJ long situation over a short. First is USDOLLAR INDEX is testing a support as seen on the right chart, while USD/JPY is testing as well its own support line. JPN looks exhausted and needs to take a nap most likely. --------------------------------------------- Fx - USD/JPY Chart timeframe - 6hr Area of interest - 109.5,...
Looking for dollar to push higher.
The pair that that is always fair! UJ weekly showing multiple confluences for rejection zone at around 109 level. If Sunday DAILY closes bullish engulfing we could definitely see lift off of this pair. But downtrend is still currently valid on higher Time Frames so be careful in swinging in any direction. My bias is just visuals of momentum switch on lower Time...
Here we have yet ANOTHER setup for EURUSD shorts, this setup needs to be followed EXACTLY in order to not enter a losing position on this trade. We need this current strong candle and current low to find a bottom then retrace up to my sell zone (two red horizontals). From the sell zone, look for sniping opportunities on lower time frames to enter sells toward the...
It seems US Dollar has reached it's strong Support level @ 11854, Hope it's time for a Bullish trend right now.