In this video I go over the EUR/USD, GBP/USD and USD/JPY. Will the USD bears come pouring back in or give up the previous low on the EUR/USD...
Some markers I'm watching is a "hidden" divergence on the MACD and it's potential signal for continued bullish strength for the EUR/USD, especially with the U.S. credit rating getting lowered by Moodys.
I'm also watching for a potential reversal to the stock market's massive rally the last couple of weeks. Is this a true reversal or just a major pullback in the grand scheme of things? The last 2 weeks of May will be interesting to watch develop.
As always, Good Luck & Trade Safe.
Some markers I'm watching is a "hidden" divergence on the MACD and it's potential signal for continued bullish strength for the EUR/USD, especially with the U.S. credit rating getting lowered by Moodys.
I'm also watching for a potential reversal to the stock market's massive rally the last couple of weeks. Is this a true reversal or just a major pullback in the grand scheme of things? The last 2 weeks of May will be interesting to watch develop.
As always, Good Luck & Trade Safe.
•NYC Trader since 2008
•Need Help Trading? internaltrader.com/helptrading
•Need Help Trading? internaltrader.com/helptrading
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
•NYC Trader since 2008
•Need Help Trading? internaltrader.com/helptrading
•Need Help Trading? internaltrader.com/helptrading
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.