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Next weeks I see a good chance make buy position on all major currency again USD. On this pair we can made 80-100 pips profit.
vadaszhun's Blog
EUR/USD
On EUR/USD is down trend on the way. If DX7 go down I see good chance to make buy position. With this position can earn 100-150 pips
USD/ZAR
Today USD/ZAR hit my new trend line which start at 6 of september. If today don´t broke it then it have good chance to drop back to 1.36000.
DX7- US Dollar Index
Today DX7 hit upper side of downtrend, which start at the beginning of this year. I see two scene: first when DX7 cross the line and rise to next resistance at 96.00-97.00 or its drop below 90.00. Any of these scene will certainly have a big impact on the major currencies
USD/JPY
Today USD/JPY pair reached a key resistance level around 114-114.5 which had reverse trend last 4 times. Now it´s a good time to use correction to make profit. First price for TP is around 111.697 next at 110.296 and a lowest is 108.985.
Next week outlook for EUR/CAD
The Last week, the price ended near to the uptrend line and if don´t break it tomorrow then it have chance to drop 100-200 pips down.
USD/MXN
After 2-3 days relaxing USD/MXN find the way to go up. Its good start for the week to place a buy position and TP at 1.27000
GBP/JPY
For next week its a good start when today GBP/JPY hit the upper side of trend line then it has very big chance to go down and drop below the lower trend.
GBP/USD
This week or start of the next week GBP/USD hit the lower trend line and its going to rise again. Don´t missed its a good chance to open buy position
USD/ZAR
After 4 day drop USD/ZAR hit the lower line of up trend for my luck I recognize it and make some buy position. I think this week this pair hit 13.9000