WE CLOSE WEEK 2
We have the close of week 2 and I can are also coming towards the end of the month.First month of year which was bullish mainly because we are coming from recent US elections where Trump won.This has caused volatility in the dollar,Gold and cryptocurrency fields.
The week will close bearish for Dxy as we look to be in the start of a correction of the move from September lows at 100.300
As data comes for GBPUSD we have seen higher highs in the lower timeframes with the pair moving from monthly lows of 1.21400 to 1.24100( current price at time of writing).I expect price to go higher to 1.24500 but not surpass that level as sellers will be positioned to strike at specific price levels.
After the GBP data is printed then we can study price and identify areas to execute our trade setup.
The week will close bearish for Dxy as we look to be in the start of a correction of the move from September lows at 100.300
As data comes for GBPUSD we have seen higher highs in the lower timeframes with the pair moving from monthly lows of 1.21400 to 1.24100( current price at time of writing).I expect price to go higher to 1.24500 but not surpass that level as sellers will be positioned to strike at specific price levels.
After the GBP data is printed then we can study price and identify areas to execute our trade setup.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.