Hoping the kiwi can get to .67223 by the end of the week, then it may continue down.
Here is my trade set up for next week. This is a system I have been developing for years, implemented 2019 with a lot of success. If price doesn't hit TP or SP close the trade out before the end of the week, then we reset for the next week. Once the trade is active use the 4h chandelier stop to get out.
Here is my trade set up for next week. This is a system I have been developing for years, implemented 2019 with a lot of success. If price doesn't hit TP or SP close the trade out before the end of the week, then we reset for the next week. Once the trade is active use the 4h chandelier stop to get out.
Here is my trade set up for next week. This is a system I have been developing for years, implemented 2019 with a lot of success. If price doesn't hit TP or SP close the trade out before the end of the week, then we reset for the next week. Once the trade is active use the 4h chandelier stop to get out.
I think now with the good US data the kiwi can make it down to .66350 before getting any real push back the rest of the week.
we have a higher high and hopefully this bottom stays for a higher low. i could see it going to 1.1400 by August
Seems like a safe bet for July.
Let's see it retrace a bit up to that nice fib level
Taking a short on the Rate cut tonight.
I'd like to see it hit the trendline, but I will take the 50% Fib level.
Hard to see the DXY not at least follow most of this move
I see the EUR/USD pulling back a bit before it continues the new ride up
I see the DXY cooling off a bit before the weekend
I think the Euro can get to 1.1200 before feeling some pressure.
We see the DXY bumping up against that ceiling that's been in place since November 2018 at 97.70. I anticipate a nice pull back to the 97.30 area, continuing the sideways channel until a direction is firmly decided.