Am going to trade these pair with my vip group and I will send the results letter to answer this question . If you were paying attention you can see the play here

Most of people who paid attention knew the play ..this is our VIP trades on those two pairs

Those who were having trouble remember this analysis we had yesterday . We said EURUSD should remain bearish this week

Although we bought yesterday we were only buying a correction wave (c) that should have completed the zigzag correction then price should continue lower

Sell EURUSD @CURRENT PRICE STOP ;1.16394 TP 2 ;1.16171 TP 2 ;1.15992

This is why we were looking for selling opportunities only . (This trade from our VIP TODAY)

There is the results

Remember everything we do on lower timeframe should be directed to the higher timeframe bias that when the highest probability opportunities are found , trading against higher timeframe direction will always lead to massive losses

GBPUSD 1H ... since am still bearish and price didn't move yesterday am still expecting bearish drop to happen today and tomorrow . Now unless there is sudden political news that will couse a spike in DXY LOWER then this still there main analysis I have

XAUUSD (gold) 1h .. we are still trading lower on gold try to complete wave 5 . There should be selling opportunities today for this pair and silver

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XAUUSD 4H .. I thought price was going to extend this wave (5) but we had a simple wave , now I think price will start pushing bullish

XAUUSD (GOLD) 1H ... we are hoping price will be pushing price to the depth of correction as our potential target .. so we are looking for buying opportunity here

THE TRADE ON XAUUSD (GOLD) and other pairs signals is posted on our VIP .contact me @mwakasole to join . Two more spots are left

So the reason am not long or short long-term is because of the the current world events are unpredictable And the market is overall reacting for these news . So mostly the market is unpredictable also

So lets see what the overall move is

DOLLAR INDEX (DXY) 1d ,,, the dollar is bearish which should be reflected on the stock market . But before price goes lower it has been mostly correcting for the whole month .I think this stance should continue until the issue of straight or Hormuz is resolved in full . If price in fact does continue correcting then we should expect any longterm movement on currencies pairs

DOLLAR INDEX (DXY ) 4h .price is correcting wave 4 . am expecting some momentum to be seen when any postive news comes up about US Iran isues

DOLLAR INDEX (DXY) 1H

Once you understand what dollar index is doing so your do the opposite on EURUSD on GBPUSD and do the same with USDJPY AND USDCAD