traderdragan

traderdragan

should be going down soon as the weekend closes.

traderdragan

its oversold in the short term,usd economic news coming up

traderdragan

the pair looks to be reaching resistance and set to fall on the fibo point 0.61 in a few days,possibly mondays the day that it will turn down

traderdragan

should go down for a bit to balance out on the short term support line, the resistance has been hit.

traderdragan

it should be going down , the api weekly crude stock release is in a day, it should be another surplus enough to put the crude price down

traderdragan

The dollars feeling more strenght

traderdragan

With the current USD political uncertainty the AUDUSD pair is likely to move down in a zig zag formation.The expectation is of a FED rate hike in March but due to the Trump administrations criticism of the higher interest rate the speculative community is uncertain about the direction of the pair.

traderdragan

I'm expecting USD data to be expansionary and for the Fridays Baker Hughes rig count to increase ,lowering the price of oil and pushing the USD up against an oil currency the Norwegian Krone.

traderdragan

The usd has lost a few points after Yellens grilling in the Congress.This gave the speculators a sign of a loss in confidence of the March rate hike by the FED. The resistance trend line is at 0.7720 and it should fade away to the short term support line at 0.696 Prior to the House of reps testimony the usd gained an edge on the aud with the positive economic...

traderdragan

FREE FOOD "Fed on course to raise interest rates at an upcoming meeting: Yellen" -Reuters This means that the US dollar will appreciate again by around 300 points after the decision.Now seems to be the good time to go long usd. Personally i believe that the AUDUSD is overvalued and should be in the range of 0.65 and 0.7 in the years of 2017/2018 ,but thanks to...

traderdragan Updated 

A lot of economic announcements scheduled for the Friday and the Monday. My prediction is bearish .Since its the weeks end there's gonna be a selloff of the major pair. It should hit the barrier 0.995-6

traderdragan

the sp500 will head downwards to the 2070-2080 levels in august

traderdragan

2 flags on apple shown one is a bull flag descending down on an up trend the 2nd one is bear flag ascending up on bull trend

traderdragan

a description of the momentum of the usdjpy during the month of june 2015

traderdragan

tech idea, the 2015 price past the highest resistance point of 45 whilst at the same time rejected by the 2009 historical trendline.