myownstockguru

myownstockguru Updated 

I believe that we will see DXY drop down to the 83 areas over the next 3-4 months, weakness in market conditions will drive this along with 3rd and 4th QR reports will most likely be some of the worst we have seen in many years.

myownstockguru

DXY is inside of a large Sellers Profile, expect to continue seeing a breakdown of DXY which I have called out for a couple of weeks. Market is turning and weakness for the rest of the year is expected on DXY, several entry spots on reversals are going to be present.

myownstockguru

Oil is trading at the top of the range, stop hunt channel has been meet at the upper channel level. Set to drop now.

myownstockguru

EURUSD Forex Chart Review and Forecast DXY did not climb higher yesterday and broke through support and have come down to 62 % Fib which coincides with a bullish order block. We expect to see DXY climb higher today and aim for 93.82; however, there is a short-term liquidity pool resting at 92.60 area and we may see a spike down to this area to pick up the...

myownstockguru

Forex Chart Review and Forecast DXY did not climb higher yesterday and broke through support and have come down to 62 % Fib which coincides with a bullish order block. We expect to see DXY climb higher today and aim for 93.82; however, there is a short-term liquidity pool resting at 92.60 area and we may see a spike down to this area to pick up the liquidity...

myownstockguru

Looks like we could see BXY continue to drop for a while longer.

myownstockguru

GBP/USD failed to make new highs on Friday, we see signs that it is set for a bearish retracement. Read more at www.myownforex.guru

myownstockguru

DXY failed to make new highs on Friday, showing signs of a bullish retracement. Ready more at www.myownforex.guru

myownstockguru

This is my thought process for GOOG, I think it will retrace down to 938.72 first, potentially breaking through that and pushing back up from 912

myownstockguru

We can see sellers profile on DXY, we think that a drop down to 94.00 is possible.

myownstockguru

We see buyers profile setup EUR/USD and see a top at 1.1400

myownstockguru

Looks like Gold is sitting at the top of the channel, at a very strong volume area since 2013 and seems to be set to take a drop. This would indicate a rate hike from FED

myownstockguru

We can see that JPY Index is exhausted right now and we believe we are seeing a setup of a Market Makers Buyers Profile, this means quit a big drop on JPY (Yen pairs) before it eventually turns back up. For now we are VERY BEARISH on JPY Index

myownstockguru

EUR/NZD broke previous structure, changed the trend from lower high, lower low to higher high, higher low. Should retrace to bullish order block and then continue bullish move up.

myownstockguru

We believe that USDX is ready to turn around 95, that is at the bottom of the monthly channel and we should start seeing patterns for a turn to become bullish around this level.

myownstockguru

When reviewing CAD/JPY we can clearly see that we have a Market Makers Buyers Profile setup. We have followed the classic setup all the way down, now we have everyone thinking Bearish and that is when MM change it around and start working the BULLISH side of the MM Buyers Profile. There are 2 steps that can break the MM Buyers profile but it is to early to tell...

myownstockguru

We are seeing that Crude came down to an old order block entry which is acting as a very strong resistance. We believe Crude has the ability to climb up to 51.50 where there is a liquidity zone waiting for the Market Makers (pay day).

myownstockguru

We see a setup of MM Buyers Profile, however, based on how USDX is currently position we think that this Buyers Profile will fail on the 2nd leg up because USDX will have finished its correction and then continue its bullish move into liquidity zone. Short term bullish on EUR/USD but overall bearish.