US Dollar 4H (05.08.2014) Technical Analysis Training (EUses)
The US Dollar 4H Diagram Technical Analysis Training (Europe Session) shows the following:
The USDollar after some consolidations has started a new uptrend move. The new support line is the second green one. Now the USD breaches the Tenkan Sen and it is above the KUMO, which means that USD is strong bullish. The weekly diagram shows bullish trend and the monthly neutral.
The first thing I see in diagram is that USD tries to breaches 10537 (1 of fib). Next target is 10603.
We have no special candlestick pattern. The price is above all ichimoku key indexes. .
There is no special pattern.You can see the fib levels.
Long USD and Short XAUUSD especially if USD stabilizes above 10537. Stop loss 10523 (under Kijun Sen).
The USDollar after some consolidations has started a new uptrend move. The new support line is the second green one. Now the USD breaches the Tenkan Sen and it is above the KUMO, which means that USD is strong bullish. The weekly diagram shows bullish trend and the monthly neutral.
The first thing I see in diagram is that USD tries to breaches 10537 (1 of fib). Next target is 10603.
We have no special candlestick pattern. The price is above all ichimoku key indexes. .
There is no special pattern.You can see the fib levels.
Long USD and Short XAUUSD especially if USD stabilizes above 10537. Stop loss 10523 (under Kijun Sen).
