A nice winner again to close out the week. Even though we saw narrow ranges 3 of the days this week, we had 2 nice winners. That’s the first time in a while that we’ve seen 2 in a week due to lack of movement. See GBPUSD section below.
Here’s a look at the US Dollar Index intraday with our market directional lines:
As usual on the Sunday report, we will look at the action from Thursday night/Friday, then look at the daily charts of all the pairs with the Seeker and Comber separately for the week ahead, and then glance at the US Dollar Index. There are some interesting things to see in the daily charts regarding Seeker and Comber counts, but not much for patterns. Have a look below.
Triggered short at A, hit first target for 45 pips at B, closed second half at C (also 45 pips) for end of week: