All language subtitles for 031317_r EN (M)

Welcome back folks, Athen recap.

K the dollar index.

We have swept the short-term low
in here and we have the sell side.

Liquidity is just below us still.

So if we get any type of failure to
get back up into this range here,

we'll be looking for a further
move, lower on the dollar index,

potentially down to the 100.8.

It could be as low as that, but
we're looking for a simple retest

of that 101 level big figure today.

We had a low coming at 1 0 1 0.04.

So I think we'll probably make one
more attempt to get down to that.

Uh, that will be in my opinion, reason
that the draw, the sell side liquidity

on the marketplace, then it's a
long-term uptrend in the dollar index.

Continuing.

We'll be looking at the buy-side
liquidity right now about

these equal highs at 1 0 2 25.

You're a dollar it's giving up
a little bit ground today after

taking out the buy-side liquidity.

As we noted, we have one or 6
45 to one to six 40 downside

still available in terms of.

Next short term support, not
much support, but it's certainly,

uh, wanting to be considering.

And then we have the body of the
candle starting in at 1 0 6 25.

So we have 1, 6 45, 1 0 6 25, our next
two downside objectives for your dollar.

Uh, we indicated that price may want
to move back up into these levels.

And here are the low on these
candles in terms of the WIC.

They come in at 1 22 54 and
on this one as well, 1 22 54

respectively price had a intraday
move trading to a high of 1 22 52.

And I shared on the
forum, a intraday scalp.

My son and I tracked and just gave
it to you as a means of study.

Cause there was nothing
else to look at for today.

We were looking for low volatility in the
market and that is in fact what we saw.

So I'm not going to go
over that whole thing.

It's already in the forum

dollar CAD, this pair again,
w we're probably looking for

move down into a 1 34 big.

And then below that 1 33 85, if
we get above the means threshold

of this last big body candle here,
and I'll give you a range, we're

looking for a move back above.

If we get both 34, 80, 30, 4
90, if we get above that, we'll

try to make another run higher.

Longer-term.

For the equal highs seen
over here on dollar CAD.

I don't want to get too terribly
bullish in here because I don't know

what the dollar index is going to do.

It could be in a range for a longer
period of time on it's daily chart.

So that's going to put things into
a consolidation profile, Aussie

dollar, uh, we've traded up into
the last two series of up candles.

Um, I like the.

Coming really close to one
another in terms of matching

up closing in this range.

So I want to see hopefully some
bullishness on the dollar index before

I would look for any shorts on this
pair, but if we do get some bullishness

on dollar index into London on Tuesday
and Wednesday, that may be catalyst

for the lower mood into the shaded area
down here, closing in this liquidity

void and running out the short term.

European still again, we mentioned this
this morning, really nice rejection after

closing in Fairvale, you get that same
between here and here and then trading

one more time up into the gap from this
candle is high and this candle is low.

So we just dipped into that.

And now we're looking for price to find
some measure of support and it could

require it to go all the way back down
to this old high, which would still be.

Discount PD array because it's
an old high price inside here.

Unless we go into a lower timeframe.

There's really nothing
here to frame it on.

So this is the only next daily
discount PDF and below that would be

the rejection blocks in these wicks.

And then these candles.

Well, again, um, I said, I wanted to see
this market move into a consolidation.

And I think we've got one
more move higher in this pair.

It must still be looking for
the highs above here to be taken

out long-term dollar Swiss.

Uh, we've moved down below
the bodies of these candles.

If we break down, we're looking for
a move below these lows over here.

We've already hit the main
threshold of this last down candle.

So I don't think that's going
to be a catalyst where, um,

the targets on a lower end.

We will be looking for the
market to look to go below here.

If we get further breakdown, otherwise
we may be looking for a bullish move

after taking out the bodies of these
candles here is that in the form of

rejection block and, or we may stay
in a large consolidation, like the

dollar index may end up doing, but
ultimately that big buy-side liquidity

pool resting these equal highs.

So that may be a long-term
objective to get to at a later time.

Gold pretty much unchanged today.

Nothing terribly exciting
about this metal at the moment.

Um, we'll look for reasons
to make a run below this low.

Otherwise we're looking for consolidation.

I don't see any kind of buy here yet.

So, uh, we're certainly not bullish.

So we're either neutral
to slightly bearish on the

metal, same thing as silver.

Uh, we're going to probably make a
run below the short-term low here.

And or chop between the range that's
defined by this level up here in the

short term, low here, if it stays intact.

So again, we're neutral on both metals and
finally Kiwi we're deep lows back here.

My price has made a long-term low, so
I expect some measure of, uh, a bounce.

Now it may require it to go
below the short term, lose in

here and then make a rally up.

I like this candle.

If we do that, so we could see
price trade below this low.

And if we get a weakness on the dollar,
we could see the Kiwi rally all up

to around that 70, 20 to 70, 25 level
as a potential short-term trade.

But right now I don't see it yet, but
it could be in the developing stages.

And that's it.

Folks, I will have a pre-market
analysis video again tomorrow before

eight o'clock and hopefully we'll
have something set up based on the

things we're expecting as it relates
to the Aussie and or the cable until

then, which good luck in the trading.