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DXY Trend Change

The sell off with the USD from the May period to Aug has ended and now we are seeing the USD continue to consolidate. We are starting to see a break above the 40 day MAV. All RagingBullFX EA's for all currency pairs are active. When we see a clear USD long trend developing we will increase our position size. Indicators are showing in the short term we may see a minor pull back, if this happens we will be ready to increase position size for each EA.

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AUD/USD

The Aussie has had a strong rebound from a low of 55 back in March2020 and a high of 74 in Aug2020. After a limited consolidation period the AUD/USD is now trending lower. RagingBullFX EA is executing

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EUR/USD

As we are now seeing a break down move with the EUR against the USD. This is the first break out of the consolidation since the end of July 2020. I would advise to start increasing position size and p

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Disclaimer: Trading the FX markets is high risk and involves the use of leverage which can result in the loss of your investment. Past performance in the market is not indicative of future results. Any investment is at your own risk.

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