US Dollar Price Action Setups: EUR/USD, USD/JPY, Gold

7 months ago 1
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  • From forex.com

    This week’s webinar started off with another short-term setup in gold. Last week, I looked at the 5k level in-play as short-term support and that led to a rally up to the $5100 level. That price was well-defended from sellers and ultimately led to a push back below the major psychological level, and today’s session saw price digging in support at $4856 which, so far, has held for a bounce up to $4900. In the webinar I explained the bigger picture backdrop around gold and why I retain a bullish outlook, longer-term. On a shorter-term basis, we’re still within the confines of consolidation but support can remain ... (full story)

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  • Feb 18, 6:20am (7 hr ago) Feb 18, 6:20am (7 hr ago)

expected short term downside continuation in the dollar will ultimately result in dollar crosses going up. one of which is evidently the euro. two fibs playing out perfectly on the 4h timeframe along with the daily timeframe. easy money to be made.

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  • Feb 18, 6:36am (6 hr ago) Feb 18, 6:36am (6 hr ago)
  •  Trader#DC4A

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expected short term downside continuation in the dollar will ultimately result in dollar crosses going up. one of which is evidently the euro. two fibs playing out perfectly on the 4h timeframe along with the daily timeframe. easy money to be made. {image}

what?

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  • Posted: Feb 18, 3:45am (9 hr ago)

  • Category: Technical Analysis

    Comments: 2  /  Views: 920

  • Instruments: DXY/USD, EUR/USD, USD/JPY, Gold/USD
  • 7 traders viewing nowis registered:

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