Tag - usd

Trading plan for December 14
Trading plan for December 14

The market sentiment is down, Theresa May can't renegotiate the Brexit deal, Italy and the EU can't agree on a lower deficit.

EUR/GBP: let's buy the euro
EUR/GBP: let's buy the euro

On the daily chart of EUR/GBP, after implementation of the "Wolfe Waves" and "Shark" (88.6%) patterns, there is a correction as a part of the "Shark" pattern's transformation into 5-0.

USD/ZAR met resistance
USD/ZAR met resistance

USD/ZAR recoiled down from the resistance line connecting October highs and slipped under the daily moving averages.

USD/JPY: the yen weakens
USD/JPY: the yen weakens

On the daily chart of USD/JPY, the triangle and "Spike and Ledge" patterns based on 1-2-3 are implemented.

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Don’t waste your time – keep track of how NFP affects the US dollar and profit!

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