aliwhallak

aliwhallak Updated 

Check out my previous 2 ideas done on EURUSD to get a better picture if interested. Three of many counter argument you can have over my previous analysis. 1. Long term downtrend being mitigated 2. On going Cup & Handle formation 3. Possible future (bigger) C&H formation All three indicate upside. Also, for each of the above 1. Price can easily...

aliwhallak

The DXY's recent price action makes me wonder, are we in a phase of anger, denial or anxiety? The $ has plunged with the markets expecting the interest rates to have reached a terminal rate and bonds sold off in anticipation. I do agree that this is the terminal rate for a number of reasons: 1. Inflation is at 3.2% YoY - Fed targets 2%. Back in June '22 inflation...

aliwhallak Updated 

Welcome, Short term pullback can be expected. TP and SL as you wish. 1.077 target for now. The second trade I will update on this post if I see clear confirmation, but for now no trade there for me. Have a read of my previous ideas below. Enjoy and good luck, FX:EURUSD OANDA:EURUSD CAPITALCOM:DXY TVC:DXY

aliwhallak Updated 

OANDA:GBPUSD Have a read of my previous idea on GBPUSD before coming back to this one, as this is the continuation. I will be doing more of this format in my coming publishes, sharing an idea to read, then actual trade setups. I will keep them short and valuable. This will be a learning journey, I would be happy to make a difference and bounce ideas with a...

aliwhallak

I posted on EURUSD and promised to bring a follow up post with possible trades if I see any. Before that I would like to show you something interesting I found in my research a while back that keeps standing out to me. Just to put it out there again, in general EURUSD should have promising price action in the decade to come, but in the medium term I am a bit...

aliwhallak

Welcome everyone, EUR USD definitely looks interesting after recent price action. I will divide this analysis into sections explaining my thought process on this pair. Disclaimer: The pair had an amazing run after bottoming on 1.045, I won’t be going into detail with long term trends, I will keep things simple for now. Dictating long term trends may bring...

aliwhallak

OANDA:EURUSD GBPUSD looks very interesting for trade set-ups. I will divide this analysis into 3 sections and correlate them to help us make a better judgment. We need to always keep an open mind, so I'll add an alternative bias in the end, to have different perceptions. Section 1 We can see on the chart very clear supply and demand zones, coming after a steep...