Im looking for day close above 1100 to re enter long. if 1260 holds as todays top i would consider adding on to my position at that point.
Bitcoin is holding well at 10-11 000 level and failed to push price firther down from 13 000 . I think a move to 14 000 again is near term but would like to see av break above to think a larger move up .move above 15 000 could lead to another huge rally . Break below 9000,- would leed mutch lower to arround 5000,-
If we look at 2016 there was huge gain on yen and prices droppet below 100 yen per dollar , most of that drop was recovered up too 118 per dollar before a dovish and directionaless 2017. I'm wieving 2017 as an inside bar and break below 108 will cause a massive move further down. But if it holds I expect a much weaker yen and go long. Please also see my us dollar chart
Also se me chart on us dollar chart At this point Im neutral and not trying to push any dips at this level. I would like to see price close above 1.25 level before any enries long at this time. Failure to do so I will go short till atleast 1.22 and possible entry ling again at 1.21-22 level.
US Dollar weekly chart i coming of a 6 year trendline. I see both Euro and Yen very resisted at this point. The euro zone has seen some improving economic news in the past months but with a still dovish central bank I'm not shure if the market will continue pushing higher at this time, give room for a dollar pullback or maby a move higher? Im neutral at this...