Pisces_Investments

Pisces_Investments

I have a bearish bias for DXY and just like everyone else, I look forward to the FOMC release. Here are zones of interest for the decline of price as a roadmap. The zones are just approximate locations for where price may slightly bounce off during travel. There is an also a possibility for price to proceed past the last zone in the trend.

Pisces_Investments

Here are my next levels for Aussie. Price has broken through a strong level of resistance, which supports the recent surprise rate hike… This looks like a trend forming and it looks good!

Pisces_Investments

I have a contrarian bias of a bullish push up for Sterling. With a good outlook of more rate increases to come, the Sterling has a potentially stronger future, compared to USD which is showing cracks in strength. I believe USD is on the verge of being weaker in the near future, possibly following the upcoming FOMC..

Pisces_Investments

Fundamentally, Sterling is set to receive more Rate Hikes in the future as the BOE tries to contain inflation. BOC on the other hand appears to be Dovish for rate hikes through 2023, although the economy does appear to be stabilizing. Technically, this pair is still within a bullish landscape and this chart illustrates a dip between bull runs. I am looking for a...

Pisces_Investments

Price has not only broken a strong cloud support level but also broke two strong support levels on the daily time frame. What am I looking for? I am looking for a lower low to enter a short to the next level below. Euro has a weak Economic sentiment and appears the dollar is due to be stronger in for coming weeks…

Pisces_Investments

Price has ripped through a resistance level and I’m looking for a completed pullback with a higher high level of price for an entry on 4hr time frame. Japans inflation is still rising but the Central Bank is known to be dovish for policy.. Meanwhile, USD is still showing strength..This pullback may be steep, so I will monitor price in coming days.. Long Bias

Pisces_Investments

Fundamentally, RBA had a surprise rate increase but data is showing weakness in Aussies economy, which may lead to a dovish central bank in the future. Meanwhile, USD has signs of strength although the Fed seems to neither hawkish or dovish at this time. USD doesn’t appear to done with its rally with the bulls. Technically, we have a bearish engulfing candle on...

Pisces_Investments

Looking price to create a higher high following a push up breaking resistance with a close above. Next level of resistance of profits is displayed above. Sterling is in a bullish landscape on daily time frame and appear it has more muscle to explore.. This week I am looking for a buy entry.

Pisces_Investments

Price has broken a strong resistance level before proceeding down to find support. Looking for price to rise and close above resistance once more to go long.. Next level of interest for profits is shown above on the chart. Conservatively, you can also wait until a higher high is created.

Pisces_Investments

Looking for a lower low for price which broke support level.. Short has target of level shown. Bearish engulfing candle present on 4hr timeframe sets expectation of a short to come…Waiting for lower low from small consolidation.

Pisces_Investments

With a bullish sentiment from the Sterling, looking for a drive up to my next resistance level.. 200+ pips.. Triple bottom showing showcasing strong support.. Let’s see if price breaks back above resistance at this level…Supportive cloud indicating bullish landscape…

Pisces_Investments

CPI data pending for Aussie tomorrow.. Potentially, price can push up beyond the supply zone and find support.. It the data is too strong, rates may rise.. Otherwise, is the Central Bank is dovish, Aussie may have a nice ride… Pisces eyes will be on AudJpy with a bullish bias

Pisces_Investments

Price recently climbed over a strong level of resistance and found support.. Price action is present for the supportive level. The cloud shows support price in the bullish landscape. Overall highs have been descending which is where I placed a resistance level. However, price may break this level for further climbing. Take a look at the comparison and I have...

Pisces_Investments

DXY may be recovering from the rate increase from the Fed recently. We also have to consider the Fed is hawkish at this time with a potential increase in the future for USA. However, ECB has its own issues on its hands as of late. This amending channel looks strong but channels are also eventually broken. Will Euro finally rise above the key resistance level...

Pisces_Investments

Please refer to first scenario for initial short idea… Looking to short from a pullback or retest of resistance level.

Pisces_Investments

ECB has seen some turmoil recently and Euro is likely to dip.. Nice short opportunity if price respects this structure. An ascending wedge is forming.. Looking to short to support zone shown and anticipating a retest of broken resistance level.

Pisces_Investments

USD recently increased FED rates and looking for a short opportunity until DXY gains momentum again. CAD is also showing some signs of stabilization which makes me think a short is possible here. If the short works out and support holds within this channel, good chance for a long position in the future… RSI is support heavy momentum at the short zone.

Pisces_Investments

Momentum has pushed price up into a bullish landscape. Price has found support and expected to spring up.. There is a retest for my support level below.. Looks good to me from this view