Bearish price action is forming in the US Dollar on the higher time frame charts. On the weekly charts an evening star pattern has formed on a bearish pin bar is currently forming on the monthly. Price action next week will tell us a lot about where the dollar may be heading, but if the dollar closes the month even weaker then it is right now it could mean...
Ok we've had the big interest rate decision which was a damp squib none the less the dollar has strengthened and may be going long. As for the EURUSD it will do the opposite and break out short. Don't jump in wait for proper set ups.
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Steve Nixon
Trainer & Mentor
Today we get the FED interest rate decision and statement. We are not expecting a move on the rate but we never know what the statement might say and how it will affect price movement. The importance I attach to today's news is that it could be the catalyst that breaks us out of the 7 week long corrective structure. Will it go long or short have a listen to see...
We are getting an ECB interest rate decision today which could push the EURUSD in either direction. Take 5 minutes to find out what I think will happen and how to trade it.
Steve Nixon
Trainer & Mentor
Hi Guys I've had approximately 50 charts and videos removed by trading view because I told you where to find me online. Anyone who wants to know more will have to search fro me - my TV profile is a good place to start.
Today I've done an overview of the dollar index as a prelude to a series that I post on a daily basis. I'll focus on the dollar and the major...
Hi guys, thank you for the support! I will have this analysis out each weekend as well as daily updates throughout the week, if you guys like what I'm doing hit the "follow" button and you will get a notification each time I post a video or chart!
Have a great day everyone!
Hi guys, thank you for the support! I will have this analysis out each weekend as well as daily updates throughout the week, if you guys like what I'm doing hit the "follow" button and you will get a notification each time I post a video or chart!
Have a great day everyone!
Hi guys, thank you for the support! I will have this analysis out each weekend as well as daily updates throughout the week, if you guys like what I'm doing hit the "follow" button and you will get a notification each time I post a video or chart!
Have a great day everyone!
In this video I dive into why the USD (US Dollar) is going to shoot much higher than anyone thinks, and why Oil is going to crash in the coming months.
USD refused to break down and has now reversed course, climbing back higher, through key levels of resistance. I think we are going to see a lot of funds flowing back into the USA because it is the only country...
Hi guys, thank you for the support! I will have this analysis out each weekend as well as daily updates throughout the week, if you guys like what I'm doing hit the "follow" button and you will get a notification each time I post a video or chart!
Have a great day everyone!
DXY could continue towards 89.60 before running towards 91.40 Levels. At those levels, it will be watched for the down-trend to continue.
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