Forex Extra Money

[Maxx5]

Technically speaking as I mentioned in my blog yesterday it looks like AUD/USD and EUR/USD are poised to move south. USD/CHF, USD/JPY moving north.

[Maxx5]

https://www.dailyfx.com/news/forex-usd-dollar-in-freefall-heading-into-2024-what-now-for-eur-usd-gbp-usd-gold-20231222.html

[Maxx5]

AUD/USD and EUR/USD have been doing quite well the last month or so if you've been long.

[Maxx5]

USD/JPY 81% of traders are net short.

[Maxx5]

USD/JPY has retraced about 250 pips down to it's 50 day sma. A critical area of decision making.

[Maxx5]

EUR/USD has only 38% net long sentiment

[Maxx5]

The EUR/USD pair has moved up nicely from it's downtrend breakout. At some minor resistance now at the 1.0940 level. Up about 240 pips from the 11-3-23 analysis alert.

[Maxx5]

56% of AUD/USD traders are net long.

[Maxx5]

After a rocky start from the downtrend breakout to the upside the pair has made a bottoming head and shoulders pattern also known as a kilroy. We have the price above the shoulders now and some fresh air above and continued weakening of the US dollar

[Maxx5]

Massive fake out/ whip saw the last couple of days with AUD/USD

[Maxx5]

https://www.dailyfx.com/news/forex-usd-dollar-setups-before-us-cpi-usd-jpy-gbp-usd-aud-usd-volatility-up-ahead-20231113.html

[Maxx5]

The AUD/USD pair retraced all the back to the breakout, caught support and retraced, it had a good 100 pip day.

[Maxx5]

https://www.dailyfx.com/news/forex-usd-dollar-in-freefall-after-us-cpi-setups-on-eur-usd-gbp-usd-nasdaq-100-gold-prices-xauusd-20231114.html

[Maxx5]

EUR/USD gained almost 200 pips in 24 hours.

[Maxx5]

https://www.fxstreet.com/analysis/eur-usd-forecast-euro-holds-above-key-55-dma-with-limited-strength-202311082001

[Maxx5]

hourly support at 107, looking good

[Maxx5]

USD bounced very strong off hourly support today

[Maxx5]

Very possible further weakness for EUR/USD

[Maxx5]

Hey y'all check out the USDJPY board!

[Maxx5]

Since 5-23 Ninja has appreciated 1,400 pips for buyers

[Maxx5]

That Ninja pair USD/JPY weakening still at 151.0 now. Awesome if you've been a buyer

[Maxx5]

https://www.fxstreet.com/news/usd-cad-price-analysis-aims-to-recapture-13800-as-us-dollar-rebounds-ahead-of-fed-powell-speech-202311081006

[Maxx5]

USD/CAD uptrend appreciates about 400 pips since 8-10-23

[Maxx5]

AUD/USD daily chart downtrend break it seems

[Maxx5]

That AUD/USD went up 120 pips and gave it all back and seems to be testing support now.

[Maxx5]

Hi Penny Roger$. Very cool and check out our other board USDJPY.

[Penny Roger$]

Hello Maxx5.
Will probably be doing FX soon. Any good teachers on youtube? I found one guy "moving average"
He seems knowledgeable.

[Maxx5]

It looks as if the Aussie pair AUD/USD has broken it's downtrend that started back in mid July of 2023. This could be the start of a nice short squeeze as the banks lured a lot of shorts when the trap was set on October 1 at 0.635. The squeeze and pain for the longs has started and we finished the day at 0.6436. Always remember that the banks manipulate and then exploit. The banks are always in control and we follow their lead.

[Maxx5]

Japanese Yenhttps://tradingeconomics.com/japan/currency
Jul 13, 2013 — The Japanese yen held its recent decline past 147 per dollar, approaching a 32-year low of 150 hit in October last year as the Bank of Japan is expected to keep its ultra-loose monetary policy. ..

[Maxx5]

The Ninja pair USD/JPY continues its weakness surging up towards 150. Since October 2021 the pair has earned 4,500 pips if you were long.

[Maxx5]

AUD/NZD technically is strengthening. Maybe it'll break out of it's range of 1.075-1.09 since August 1. To the upside.

[Maxx5]

AUD/USD seems to be resuming its downtrend. Definitely has broken to the down side of its horizontal trading range going back to about the first of 2023

[Maxx5]

EUR/USD up 1,000 pips from Oct.2021 start of its uptrend. Sideways to down now though

[Maxx5]

USD/JPY chugging upward, closing Friday at 146.46. Daily resistance near the 150 level

[Maxx5]

USD/CHF seems to be at the upper range of its massive daily downtrend trendline.

[Maxx5]

USD/CAD technically has broken out of it's downtrend and is powering higher now

[Maxx5]

AUD/USD seems to be starting a downtrend on the daily charts

[Maxx5]

USD/JPY now above the 146.00 mark, up 3,000 pips from the Oct. 2021 bullish call

[Maxx5]

Wednesday 8/16 USA FOMC meeting at 2pm today. Always volatile

[Maxx5]

The pair is moving up to 145.8500 this Wednesday morning

[Maxx5]

USD/JPY surged up to very near the 145 resistance level

[Maxx5]

EUR/USD is still in an uptrend but a fairly flat trajectory up.

[Maxx5]

USD/CHF has been in a major down trend

[Maxx5]

The USD/JPY pair has its uptrend intact with daily resistance near the 145 level.

[Maxx5]

It looks like AUD/NZD wants to go higher at 1.0870 now

[Maxx5]

The swiss franc usd/chf pair to new lows now on the daily

[Maxx5]

The euro breakout to new highs

[Maxx5]

Just looking at the short term trend. Since Dec. it seems to be trading in a horizontal range.

[Todbod]

What do you think's going to take place here in the next 60 days?

[Todbod]

This is just the beginning