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Yellow_Boxes Updated 

Trade Idea (21-25 Aug) Currently Bearish I am SHORT from 5967 with my stop at BE on a close and retest below 5985 as per last weeks idea Would expect to see some kind of pull back before trend continuation. Would look to add on a rejection around 5955 area To the UPSIDE a close above 6020 and descending trendline could be a BULLISH signal

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TRADE IDEA (21-25 Aug) NEUTRAL (RANGE BOUND) Target 1 hit last week BEARISH Candle formed on Weekly timeframe Price seems to be showing signs of exhaustion would consider a SHORT on a close and hold below 4H BOS UPSIDE A break and hold above 4H BOS level could target the 88.00 level

Yellow_Boxes Updated 

UPSIDE very restricted a break above 1.1150 opens up 1.1257 Downside looking for a close below 1.0912 area to go short

Yellow_Boxes Updated 

Technically Bearish (Inside Channel) A break above descending channel top and 4H BOS could make it BULLISH A close below local trendline could make it BEARISH

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TRADE IDEA (21-25 Aug) NEUTRAL Bullish but showing signs of exhaustion BEARISH SCENARIO A close below 157.80 i would look for SHORTS BULLISH SCENARIO Trendline is still supporting as well as the 157.80 to 158.00 support zone. Would look to go LONG if i see a close back above Trendline 4H chart.

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TRADE IDEA (21-25 Aug) NEUTRAL (slightly BULLISH) Would consider a SHORT on a close and hold below NEW support zone UPSIDE A break and hold above 4H BOS could target the 83.00 level

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TRADE IDEA (21-25 Aug) Price moviing within BEARISH Channel as (per last weeks analyse) A break and hold above 1912 and trendline could turn BULLISH A close and hold below 1893 adds to bearish weight WATCH DXY FOR DIRECTION if DXY remains above 103 then more added downside pressure

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Trade Idea (21-25 Aug) NO TRADE Technically SIDEWAYS until it breaks either 1.2780 area to 1.2590 area A break above descending channel top and 4H BOS and previous trendline could make it BULLISH A close below the support zone 1.2600 to 12684 could make it BEARISH Upside and Downside Targets as per Chart

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Trade Idea (21-25 Aug) Currently SHORT @ 0.64411 BE stop Would look to add position on a rejection around the 6440 area Again looking for some pullbacks because oversold IF DXY remains above 103 i am happy to SHORT UPSIDE A close above 6625 could turn BULLISH Targets on Chart

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Trade Idea (21-25 Aug) Technically BULLISH after last weeks break and hold above descending channel. Looking for a rotation lower to add to my position. I am still LONG from last week SL is at BE A close back inside descending channel and below local trendline could make it BEARISH Upside and Downside Targets as per Chart Inverse Correlation with WTI

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Weekly Trade Idea (21-25 Aug) Technically BULLISH after last weeks break of channel (see last weeks idea) price is currently sitting inside resistance zone A break and hold above 103.60 is needed to continue trend. Would like to see a rotation lower into the 103 area before going LONG again. A rejection and close below 102 could make it BEARISH Upside and...

Yellow_Boxes Updated 

BULLISH (with caution) DOJI Candle formed on Weekly timefrme Price seems to be showing signs of exhaustion would consider a SHORT on a close and hold below 4H BOS and ascending trindline. UPSIDE A break and hold above 4H BOS and the 88.00 level could target the 92.00 level

Yellow_Boxes Updated 

BULLISH (with caution) DOJI Candle formed on Weekly timefrme Price seems to be showing signs of exhaustion would consider a SHORT on a close and hold below 4H BOS and ascending trindline. UPSIDE A break and hold above 4H BOS could target the 89.50 level and above

Yellow_Boxes Updated 

Looking to SHORT below ascending trendline and 6458 A close below ascending trendline and 6458 could open up a reversal to 6200 area A close above 6625 could turn BULLISH

Yellow_Boxes Updated 

Currently price is trading against support level between 6023 to 5985 Possible Double bottom could form Would look to SHORT on a close and retest below 5985 To the UPSIDE a close above 4H BOS and descending trendline could be a BULLISH signal

Yellow_Boxes Updated 

Technically Bearish (Inside Channel) A break and hold above descending channel top and 4H BOS could make it BULLISH A rejection and close below 102 could make it BEARISH

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Price moviing within BEARISH Channel Daily Trendline could now act as resistance A break and hold above trendline could turn BULLISH A close and hold below 1893 adds to bearish weight WATCH DXY FOR DIRECTION if DXY breaks 103 then more added downside pressure

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Technically Bearish (Inside Channel) A break above descending channel top and 4H BOS and previous trendline could make it BULLISH A close below the support zone 1.2600 to 12684 could make it BEARISH