Trading plan for June 5
The US dollar index is falling. It is trading below $93.80. The support lies at $93.55.
Tag - forex signals
NZD/USD: the kiwi met a dragon
On the daily chart of NZD/USD, after the pair reached the 88.6% target of the “Bat” pattern, it rebounded to 23.6%, 38.2% and 50% of the CD wave.
AUD/USD: the aussie strives forward
On the daily chart of AUD/USD, after the pair reached 88.6% target of the “Shark” pattern, it rebounded to 23.6%, 38.2% and 50% of the CD wave within its transformation to 5-0.
Trading plan for May 30
The US dollar index reached the psychological level of $95, however, couldn’t stick there and lost some pips. Tuesday’s consumer confidence data was weaker than the forecast.
NZD/USD: the kiwi is sticking in a channel
On the daily chart of NZD/USD, there is a 0.6855-0.6975 consolidation within the long-term downtrend.
Trading plan for May 23
It seems like the rally of the greenback has ended. On Monday, the US dollar index tested levels near $94, however, closed below $93.50.
AUD/USD: bulls are betting on the triangle
On the daily chart of AUD/USD, there is a consolidation within the bearish trend.
Trading plan for May 18
On Wednesday, the US dollar index failed to close at $93…
USD/CHF: the franc has paused
Recommendations: BUY 1…
Trading plan for May 16
On Monday, the US dollar managed to gain a foothold and rebounded after a 3-day fall…
Trading plan for May 15
In the middle of the last week, the US dollar ended its rally and turned around…
Trading plan for May 9
The greenback’s rally is continuing
