Video: Technical Tuesday – Dollar Breaks Bullish in Uneventful Week

Tuesday update of the high probability opportunities we looked at in the beginning of this week.

Click on the video to watch the technical breakdown

Despite it being a slow news week on the Economic Calendar, we can still spot some potential opportunities.

But do be patient and expect less volatility across the board. Don’t force the market. Technical rules still apply, only in a slow fashion.

In this video we give you an update on this week’s charts and possible scenarios:

• EUR/USD – moving as expected
• Nas100 – adjusting to price action
• GBPJPY – waiting on significant volatility
• GBPNZD – waiting on key levels
• EURGBP – move began in beginning of the week so probabilities have reduced
• AUDCAD – move price action needed
• Gold – opportunity may be ripe soon
• Crude Oil – counter-trend idea seems to have developed

Written by: Dima Mihailovich, Technical Analyst for Forex Prop News

Contact and follow Dima on Twitter: @dimafpn