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Usdollarshort

TIME TO BUY THE KWACHAI think it's time to short the dollar and buy some Kwacha. Price perfectly bounced off the 200% fib level (K18.94 / $1) on the monthly time frame matching up the same price at 261.8% fib level on the weekly time frame. Going long term, I am seeing a week dollar and some Kwacha appreciation. I expected the Kwacha to appreciate to about K17/$1 and K15.41/$1 IF price breaks through the support of the monthly ascending channel . Disclaimer: This is only an idea and should not be taken as a trading signal.
Short
by Timgucci
1
USDOLLAR before 0.51% decline... The exchange rate does not follow fractal rules for the time being. Therefore I used ATR axis strategy. The white ATR axis indicates that the exchange rate movement is strengthening towards the south. And the green and brown shafts are the standard MA100 and MA200 shafts. Currently, the intersection of the MA100 mirror axis and the ATR mirror axis has stopped further dollar index appreciation. Therefore, I expect further adjustment from this level. Target price is 12336.
FX:USDOLLARShort
by meszaros
USDSGD forex cross pair supply and demand analysis forecastUSDSGD Forex cross pair is in a clear downtrend creating new supply levels on the way down. As supply and demand traders, we should be interested in trading very strong impulses that end up creating new supply and demand imbalances. Price action together with supply and demand technical analysis is the perfect combination. Trading is a waiting game where we should be stacking as many odds in our favour as possible. Being impatient will end up getting you in trouble by chasing the trades and causing unnecessary losses. USDSGD cross pair forecast is clearly bearish with very strong supply levels created around 1.36 and 1.37. There is still room for price to keep on dropping further. The US Dollar and Dollar Index DXY is getting weaker in most Forex Cross Pairs, this is helping USDSGD Forex cross pair to drop as it does creating new supply levels on the way down.
Short
by AlfonsoMoreno