#US Dollar Analysis: The US dollar surged after breaking out of the symmetrical triangle pattern. Currently, it's encountering resistance at a horizontal level. RSI signals overbought conditions. A rejection seems probable, but a decisive breakout above resistance would confirm bullish sentiment. Remember, it often moves inversely to the crypto...
US Dollar Weekly Update. The US dollar has experienced a surge after breaking out of the symmetrical triangle pattern. Presently, it has surpassed the Ichimoku cloud and is facing horizontal resistance. The Relative Strength Index (RSI) suggests an overbought condition. A potential rejection appears likely, whereas a significant breach of the horizontal...
Hi guys sharing daily chart of Us dollar for support and resistance levels for how we can identify that and how it could react if it will reach to mentioned levels of support and resistance, for the executions of coming possible trades in it, I will act accordingly by the mentioned levels on this provided chart. Each and everything explained on chart according...
Breaking out of support box with volume shelf support. Look for retest off demand zone breakout box.
The U.S Dollar appears to be in the early part of what could be a multi- month bull market. Weekly RSI reached the oversold zone below 30% and has crossed above its moving average line, a bullish signal. Weekly Stochastic also reached its oversold zone and has a bullish lines crossover. Minimum upside target is at a .382 retracement of its multi-month decline. A...
The Big Tech stocks which are listed on prominent North American stock exchanges have been unusually volatile recently. Large technology companies such as Microsoft, Apple and Google are often regarded by traders as steady, non-volatile investments which only move very slightly, hence their wide-ranging popularity among all kinds of traders and...
sell signal on daily bars all details are in the picture
In the past week, over the course of the last 7 trading days, the USD has played out perfectly following our previous articles analysis and the more in-depth analysis given to our members as we have successfully predicted every move the USD has made on each of the previous week. In the past week, we have seen a bit of everything from the USD, from a fake bullish...
Despite the insane volume of printed dollars in the last two years... we have the United States Dollar breaking fresh highs in the last two years. How is this possible?
The USD futures show enormous weakness. Not only did we accept semi-circular resistance for several months, but we bounced off the 200 EMA. Gold is in huge anti-correlation to USD futures and has been boosted by the geopolitical situation. If the situation worsens on its own or lasts longer, we will continue to experience weakness. With more escalation, we can...
Analyzing this chart i immediatly saw the formation of a pennant. Usd futures are very low but OI and Volume are growing this means that there is some positiveness in the air (politic changes, FED regulation , Vaccine rollout) What do you think? Here i leave you USD March Contract future contract, chart with Volume added on!
Here is a cool fractal of the USD... If it stays low, I fell like crypto is a good place to be!
Appears from this chart that the USD futures is seeing a possible rise given the price action, the MACD crossover up and then relative price strength also crossing ap.... This is in line with an earlier observation of the volatility spiking.
The USD futures US1! had a bullish upend recently, as part of the coiling for weeks/months. Previously traced trajectory was less volatile, but the secular bullish trend is still intact and about to burst out in a rally over the next weeks to months. Chart has some technical details, and next in anticipation would be an imminent breakout of the trendline to head...
The USD futures is following a pattern (although not in magnitude) that I drew out weeks ago.if that would be the case, in a week or two, we should see the USD futures break above 31.40. Similar in technical case with the USD Index
Looking into the weekly chart for the USD, it appears that the USD weakness should be ending soon, and in the coming weeks, going into August, there should be a turnaround, and spike of the USD. Technically, this is a resumption of a larger bullish trend for the USD. Even as the weekly MACD is in the bearish territory, expect and watch as it returns to the...