USDSGD forex cross pair strong demand imbalance
Clear long bias on USDSGD (US dollar versus Singapore Dollar). This Forex cross-pair forecast is bullish, given that we have strong weekly demand imbalances created in the bigger timeframes like the weekly timeframe attached below. USDSGD pair analysis The USDSGD spot exchange rate specifies how much one currency, the USD, is currently worth in terms...
EURUSD forex long-term forecast 2020
A strong monthly imbalance gained control of EURUSD last month at around 1.0654. As explained in previous EURUSD forex cross pair analyses, we had a strong bearish bias, but once a strong imbalance on a big timeframe like the monthly takes control, going short in smaller timeframes is not allowed and is suicidal. Euro Dollar...
EURNOK suffers the worst drop in a few decades
EURNOK Forex cross pair (Euro versus Norwegian Krone) has broken an all-time high again after months. A previous monthly demand imbalance gained control last June 2018, and this cross-pair has been rallying ever since. Norway’s Krone forex pair forecast Why has Norway’s Krone suffered the worst drop in half a century? By doing a supply...
EUR USD weekly downtrend for shorts
European major currencies, such as the Euro and British Pound, outperformed the US Dollar on Friday. I happened to read that the US dollar has been on a climb amid the outbreak of the coronavirus, which is threatening global growth. According to preliminary estimates for February, the United States was thrown into the spotlight after...
USDSGD Forex analysis. Supply level in control
Let’s look at USDSGD forex cross-pair using the supply and demand glasses as technical analysis. This forex cross pair has created a strong impulse on the weekly timeframe around 1.3497 price area that ended up becoming a strong demand imbalance where longs will be possible again. See the weekly timeframe screenshot below. With practice, you...
USDZAR Forex cross pair supply and demand analysis
The US dollar and Dollar Index DXY are strong, creating new demand levels in a clear trend. Many USD Forex Cross pairs and exotics pairs like USDZAR have a clear uptrend and bullish bias creating new weekly demand imbalances. USD ZAR high odds for longs We don’t need complex Forex trading strategies to locate price...
Euro Dollar forecast for next week september 19
What is EURUSD Forex cross-pair forecast-based supply and demand technical analysis? Well, as discussed in the previous video technical analysis, we have a clear long-term short bias on EURUSD Forex cross pair creating and respecting bigger timeframe supply levels and imbalances and eliminating obstacles in the form of demand imbalances. EURUSD Forex Cross Pair Forecast...
AUD USD forecast next week September 2019
AUDUSD Forex cross-pair is in a clear weekly downtrend using supply and demand imbalances. AUDUSD Forex cross-pair forecast is bearish. Monthly and weekly timeframes are in a clear downtrend creating strong weekly supply imbalances like the last one located around 0.6995. AUDUSD cross pair downtrend forecast As you will see in the supply and demand...
Euro to Dollar forecast for tomorrow week and month August 2019
EURUSD Forex cross-pair supply and technical demand analysis is telling us that only shorts are allowed at new supply zones. The weekly timeframe is in a clear downtrend, with new weekly supply imbalances being created and respected and demand imbalances eliminated. EURUSD Forex cross pair forecast There is a lot of room for the price...
EURNOK Forex forecast August 2019
EURNOK Forex cross pair is rallying strongly, reacting to a prior weekly demand imbalance located around 9.60. There are new buy opportunities at a brand new weekly demand new demand imbalance created slightly higher around 9.66. There is a clear long-term long bias, so only longs at new demand levels is possible. Going short is...
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