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Fx-BigDog commented Sep 25, 2013The EURUSD bull flag, may end up to be a failed pattern, and see the market sliding down towards 1.3390, but that should be just the initial move, then we should see another dip before a bigger rally is expected towards 1.3693 Happy Trading, FxBigDog
Learn How to Trade the #1 Chart Pattern-The Bull Flag
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Fx-BigDog commented Sep 25, 2013Trying to understand what is discussed behind doors is going to be a hard task, so follow the technicals, its your best bet! The EURUSD bull flag, may end up to be a failed pattern, and see the market sliding down towards 1.3390, but that should be ...
Euro smashes up through 1.3520
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Fx-BigDog commented Sep 24, 2013The USDJPY is setup for a rally off 98.60 after returning to the tip of a intra-day swing. We have been bullish since 98.11 with stops below 96.81. We see the pair moving towards 101.13 before a bigger correction as this will complete the 5 wave ...
USD/JPY Signals Bullish Continuation with Breakout
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Fx-BigDog commented Sep 18, 2013The market should stall at 1.6097, then head back down towards 1.5717 before making its way up to 1.6321. The FOMC release may not hold the dollar for too long before we see a recovery
New GBP/USD High Opens Up Longer-Term Intraday Swing
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Fx-BigDog commented Sep 18, 2013Its a bear trap!!! Dollar is going to rally, watch out sellers!!
FOMC Statement
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Fx-BigDog commented Sep 17, 2013You are mislead my friend, I have not been taught by anyone. Who ever told you that clearly does not know my background. USDX forming a Bat pattern with an expected rally around 10323, this is calculated with the counts of Elliott and measurement of ...
What To Expect From FOMC & How To Position? - Goldman Sachs
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Fx-BigDog commented Sep 17, 2013In agreement that the USDX will be bearish med-term, but looking at the USD pairs, we may see a short term rally before the dive!! Also the dive will see 10323 support based on the high of the 1st impulsive wave. Don't forget the bat pattern turning ...
The U.S. Dollar Waits for the Fed Near its Floor
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Fx-BigDog commented Sep 17, 2013The only trader that is concerned with the FOMC meeting tomorrow, are the scalpers. If the market breaks fast, they will find it hard to ride the wave, but if you a swing trader the markets have set the way already and now it will be a matter of ...
What To Expect From FOMC & How To Position? - Goldman Sachs
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Fx-BigDog commented Sep 17, 2013USDJPY has hit the support on the 4th wave at 98.64, it is now time for a bullish rally which confirms what is see on the USDX. Expect the rally to reach 101.71 before some retracement.
USD/JPY at Falling Channel Resistance after "Filling the Gap"
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Fx-BigDog commented Sep 17, 2013Check out the Dollar Index, it is holding at a support level that will seee near term rally, then a continue bear sell off
What To Expect From FOMC & How To Position? - Goldman Sachs
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Fx-BigDog commented Sep 17, 2013Our technical analysis pointed the USDX towards 10578 from last week, and now holding at a strong which should see some Dollar strength towards 10746, but that should be all for the bulls as it could very much see the Dollar weaker in the med-term ...
Don’t Let This Rare Forex Technical Signal Go Unnoticed
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Fx-BigDog commented Sep 12, 2013Short term bounce for the dollar, but still selling off for a bit more this week!!
Jobless Claims Slump as Two U.S. States Upgrade Computer Systems
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Fx-BigDog commented Sep 12, 2013There is no doubt that the NZDUSD is trending a little, not much but better than the NZDJPY. Strong resistance is holding the pair from trending north, but we should start seeing a bullish rally off a bounce at 0.8021/0.8035. Wishing you peace ...
More from RBNZ’s Wheeler: Says he’d like to see a weaker New Zealand dollar
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Fx-BigDog commented Sep 12, 2013The NZDJPY holding in a small range, but the expected break is first down then up. We see 79.90 as strong support after 80.57 clears the way and then a deeper move towards 77.38 may be what the doctor ordered before we see this pair back on the ...
New Zealand BusinessNZ PMI
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Fx-BigDog commented Sep 11, 2013The Dollar Index may bounce off support at 10646, but as we said on Thursday last week on twitter when the Dollar had a bullish rally. "BUYERS DONT GET TOO EXCITED" as the dollar Index is still targeting 10578. But once we hit that support area, we ...
Dollar under duress as markets temper Fed taper view
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Fx-BigDog commented Sep 11, 2013The AUDUSD held up for the day with sellers at 0.9335, we holding short until 0.9232. This move we seeing right now is the 4th wave correction and strong support at 0.9232 could keep the market from dipping lower. Buyers are going to be on the bench ...
Australia Labour Force
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Fx-BigDog commented Sep 11, 2013The EURUSD is holding bullish in the near term with buyers at 1.3168 towards 1.3575. Stops seen below 1.2993
EUR/USD Awaiting Consolidation Breakout; A Look at Wave Structure
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Fx-BigDog commented Sep 10, 2013If you look at the technical analysis of the market, they not ready for the news. But it is not going to be long before things start heating up!!
Stocks rise as Syria conflict looks less likely
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Fx-BigDog commented Sep 10, 2013The EUR in the near term is going to dip down towards 1.2617, as we have price rejection at 1.3400. The target at 1.2617 is the right tip of the bull crown. In the long term, the EUR will blowout north!!
Euro up versus dollar, sterling hits near 5-month high
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Fx-BigDog commented Sep 10, 2013With the last weeks of weakness in the JPY pairs, we are due for a correction. This would mean more funds to add onto the run. The GBPJPY is certainly overbought and a dip towards could be due soon!
Why BoJ Easing Is Not Yet Sufficient To Weaken The JPY? - BofA Merrill