Daily Archives: March 15, 2018

Which currency pairs are first movers in a USD ‘recovery’?

USD could be due for a short term recovery since DXY has been supported for two months or more. An inspection of major USD pairs since DXY bottomed on 16 February 2018 reveals USDCAD and USDCHF to be early movers. USD long positions in these pairs could outperform others if DXY retraces higher from here.

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Elements of high probability reversal setup appear in NZDUSD

2 out of 5 high probability reversal setups appear in NZDUSD chart. This chart suggests a potential short should price get resisted one more time. Two more features to look out for are the right candlestick pattern and a confirmation break.

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