GBP/USD, GBP/EUR, GBP/JPY, EUR/USD, USD/CNY, DXY
LLOYDS BANKING GROUP PLC ORD 10P, FRONTERA RESOURCES CORPORATION ORD SHS USD0.00004 (DI), POWERHOUSE ENERGY GROUP PLC ORD 0.5P, UK OIL & GAS PLC ORD 0.01P, VODAFONE GROUP PLC ORD USD0.20 20/21, UNION JACK OIL PLC ORD 0.025P
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
Looking through this chart on the Monthly time frame all the way down to the H4, all I see is a sell signal.
Waited for the change in the correction.
Short for the lows now.
Looking to see if the chart pattern plays out
Looking for EC to target stops above.
Looking at the chart, if we get a close above todays open today. Then we have regained a bullish stance for the DXY.
May + June could see the DXY rise to 100.00
I've marked off the two areas of most convincing resistance to me. So will be looking for pullbacks to sell GBP and EUR versus the dollar.
how i see gold over the next couple of years
On a monthly chart, USDCAD looks like it doesn't really want to go anywhere. It is currently weaker but a bit of upside to the trade zone would be best for risk to reward before committing to a short position.
If GBPUSD could come down to the trade zone marked on the chart , I would be willing to trade Long for the targets above.
Waiting to see if the Inverse Head and Shoulders plays out on USDJPY.
The monthly momentum has been bearish, so this could take a while to play out if at all.
EURUSD formed a clear Left Shoulder and Head, the right shoulder became less clear but if the consolidation/correction is complete then we could see lower prices on EURUSD
After a drop down to target, the DXY has formed am inverse head and shoulders , with the upside target still to be reached.
Monthly inside bar failure in play.
Reversal pattern on a smaller time frame, with identifiable stops above to reach IHS target.