DrecoFx_

DrecoFx_

NZD is coming under lots of pressure as its counterpart "USD" is proving it dominance at market open. I expect a rally to retest and a serious fall till Tuesday. I am bearish and I expect some crumble soon, Let us know what you think in the comment sect! Follow and Like for more Ideas like this one.

DrecoFx_ Updated 

The USD has been marginally weaker recently due to lower than expected US inflation figures last week that sent Treasury yields lower and made the market to price in higher chances of a second rate cut by the end of the year. I am bearish on this pair and hope to see this play out. What do you think? Follow and like for more ideas like this!!!

DrecoFx_

DOGEUSD is bearish and is hunting some liquidity at the downside, I hope to see a drop towards the downside before any bullish takeover is possible. What do you think? Let us know below. Follow and like for more.

DrecoFx_

XAUUSD can't recover after breaking the support and is changing it path to become bearish, this pair is extremely volatile, hence the tight SL for any sudden bullish reversal during the market open. What do you think about this pair? Let us know your bias!!! FOLLOW AND LIKE FOR MORE...

DrecoFx_ Updated 

After a breakout from the bearish wedge, the pair is headed to the downside. I am bearish on this trade and hope to see it play out. Follow and like for more ideas like this...

DrecoFx_

As the DXY made a retest yesterday, we, unfortunately, got stopped from the previous sale. Today, the pair has been re-evaluated and has broken out from the bearish wedge. We headed to a dollar mark for the first TP. SL is set slightly tight for any further discrepancies. What do you think about this sell-choice order? Follow and like for more related ideas!!!

DrecoFx_

Revised SL due to the pullback to the resistance. I am still active in this trade.

DrecoFx_ Updated 

Dollar: U.S. 10-year treasury yields rose to a two-year high after some rate cuts. The USD is bullish, and we should follow the new trend until the 90-cent mark. What are your speculations on this pair? Please share with us! Like and follow for more ideas like this, Thank you!!

DrecoFx_ Updated 

As we prepare for the weekend, I anticipate a rough opening during the next trading session, which will trigger the sell order(Support turned resistance). I am bearish on this pair and hope to see this analysis play out! What do you think? Please share with us thanks, and follow for more!!!!

DrecoFx_ Updated 

Following a series of bearish maneuvers, the only reasonable action is following the new trend! However, we should notice a retest coming into play to fake out buyers and fall more to the downside after a successful retest. I am bearish, trade based on your discretion!!!!! Follow for more, and like also to support more ideas...

DrecoFx_ Updated 

NZDCAD is spiraling downwards after a series of bearish takeovers following a break of former support-turned-resistance. I am bearish on this pair and hope to see a bearish push toward the abovementioned target. Follow and like for more. For more private analysis on any pair or more teachings, please contact me privately!!

DrecoFx_ Updated 

Audcad, after breaking from a bearish order block, is expected to fall more before any bullish movement is possible. I am bearish and a sell order has been triggered... Like and follow for more!!

DrecoFx_

There were a series of bearish takeovers last week as the pound was predominantly bullish. It has come to an end as the price reversed and created new structures; I look forward to the price hitting the downside gap and filling it before any BULLISH continuation follows!!

DrecoFx_

The EUR/TRY currency pair has exhibited the AMD pattern, transitioning from accumulation through manipulation, and is now in the distribution phase. This stage is characterized by heightened activity as the price consolidates, preparing for a breakout. Technical Analysis: Accumulation Phase: Buyers gradually entered the market, accumulating positions, leading...

DrecoFx_

This week opened with lots of surprises, we can see some change in big players which are currently showing several hawhish behaviours. I hope to see this pair drop to the level 189,230'.

DrecoFx_

Following series of CAD hawkish policies, It is no doubt the market had a significant change of power this last few trading days. NZDCAD is expected to make a swift retest to the previous support turned resistance, after which will prove my bearish sentiment, after the successful retest. I am calling a big short on this pair, what is your Bias? THIS IS FOR...

DrecoFx_

CAD is facing some type of hawkish policies as it is growing a bit Bearish after been locked in a rising wedge formation. After a successful retest, I look forward to seeing a big reversal to the downside. What is your bias? let me know in the comment section.

DrecoFx_ Updated 

Broken out from a major Rising wedge + the sideways 'bearish Box formation', this pair is a lucrative Hawkish Policy as the JPY ids ever strong this week. I look forward to a 4-hours Confirmation from the double top pattern which will prompt my bearish entry. For private signals and insights of the market, feel free to Message me personally. What do you...