Short $DXY against 98.00
Hello Sophisticated Trader, Our long DXY from Last week did go and test resistance. This coming week, the $DXY has seemed to test a double top and is likely to test the bottom back at 96.25. So, I’m looking to short …. Read More
Short $NZDUSD against .6500 for a test of .6200
Hello Sophisticated Trader, The $NZDUSD has a similar setup with the $AUDUSD, coupled with the renewed dollar strength that could potentially make this pair an attractive sell for a test of .6200. Any retest of .6500 would support a short and only …. Read More
Short $AUDUSD against .6900
Hello Sophisticated Trader, The $AUDUSD as finally showed some form of reversal that now put .6700 in view. The break of the 100MA on the 4hr indicates that the pair may test the breakout levels before deciding what it wants to do. …. Read More
Long $DXY Analysis
Hello Sophisticated Trader, The $DXY has finally broken above the 97.00 resistance and the 100 MA on the 4hr, this is indicating a possible move up for the bull for another test of 98.00 and possible 99.00. This is extremely helpful when …. Read More
Today, unemployment numbers makes it a huge day for some Major pairs
Unemployment numbers Today makes it a huge day for some Major pairs As positioning, volatility and nerves get the best of us as we anticipate the unemployment for those who are trading the news. It is to be noted the following… …. Read More
NZD/USD Similar to Aud/USD Weekly Setup 4/03/20
NZD/USD Similar to Aud/USD Weekly Setup Last week the NZD/USD ended the week after the pair tested weekly trend line and a long term resistance last week. This week it would seem that the pair would like to continue the trend …. Read More
Aud/Usd reversal or Correction?
Aud/USD Reversal or Correction? This past week the Aussie dollar did a reversal from the 100day Moving Average, right below the .6600 mark, then corrected to .6419 at the end of closing day on Friday. The questions are will this continue into …. Read More
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