GBP/USD, GBP/EUR, GBP/JPY, EUR/USD, USD/CNY, DXY
OILEX LD ORD NPV, FRONTERA RESOURCES CORPORATION ORD SHS USD0.00004 (DI), LLOYDS BANKING GROUP PLC ORD 10P, UK OIL & GAS PLC ORD 0.01P, LOCATION SCIENCES GROUP PLC ORD 0.01P, MYSQUAR LIMITED ORD NPV (DI)
FTSE 100, DAX Index, Euro Stoxx 50, S&P 500, Nasdaq Composite, Nikkei 225
Gold, Silver, Crude Oil, Brent Oil, Natural Gas, Bitcoin
BTC/USD, ETH/USD, BCH/USD, XRP/USD, LTC/USD, ETC/USD
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
Gold, Brent Oil, Crude Oil, CFDs on Natural Gas, Palladium, Silver
On weekly price is in a uptrend making HH and HL. Price also broke through our ascending TL. We also had a strong close below 200 ema indicating a lot of sellers in the market. We also have a MA crossover. Price can go down to 140.00
ill be looking at 3 areas where price might go short.
1. 1.4500 which lines up with my 50% fib retracement level.
2. 1.5000 which also lines up with my 61.8% fib retracement level.
3. long term descending trend line.
I have also indicated with the arrows the important levels/reversal level.
with the markets opening, leaving a huge gap in the market, my bias with the us dollar is still short. price might retrace back to 91.5/92 before making L/L and reaching weekly support of 88.7
what are your thoughts on the current state of the dollar.