We've got a possible reversal sign on EU as well as a daily demand zone at which price is nearby.
While my last video on DXY has been supporting a bullish view, I wanted to also look at the alternative. I go over a few reasons why one may want to short the dollar from that point of view. There will always be good reasons to buy X pair, or to sell it instead, which is a point I talk about. At the end of the day, trading is a game of probability so you will...
The dollar index has had a very bearish week, but that is not to say that the bearishness is going to continue, as we are approaching daily, weekly and monthly demand zones on the DXY chart. From the video you will see that we are not quite there at the monthly demand zone, so we could get some more weakness until we reach it, at which point we could get back...
Due to the success of my previous idea on EURCHF called 'EURCHF with a different approach' that ended up working perfectly, I have decided to post another setup of this series for EURUSD. Please read the notes in chronological order, from 1 to 6. If you have been following me for a while, you already know that I am heavily bullish on the dollar, simply because...
Hello, This week, my video is going to be on gold and what the future of it looks like from a technical aspect. We have had strong bullish moves over the past few weeks and are now at a weekly supply zone. Prior to this, gold's monthly and weekly demand zones have been well-respected, with higher highs and higher lows being made. This signals to us that gold may...
Still looking bearish, expecting price to reach the next weekly demand zone before we start moving up.