as we can see price has had a bullish momentum, but the macd has been going lower toward histogram cross. price could still move higher but the chance is there for a drop
MA values: 55 and 200
using a pitchfork here to see where price reacts seems like it can go up to the mid line and then retrace to go up again, im not sure how much but it seems dxy is looking bullish but for how long?
on my chart DXY bounced off the 50 volume weighted hull moving average and continues up. the 180 HMA is still well bellow price. macd shows a bearish cross but it is invalidated because price is above both moving averages lets see if 93 is a next target for USD
seems like price broke below the wedge 15 min time frame i have a line indicating my entry horizontally. seems like macd is also indicating bearish cross from here.
w e can see that the dxy is showing bullish movement within channel. if it can stay in upper boundary it will be bullish lets see if it can test the middle macd shows bearish cross
this looks like the pattern but im new at trading so i wanted some feedback! could this continue lower from this point on? theres also a bearish cross on macd so this could go lower
price is in bearish pitchfork channel. seems like price is going to have a jump at the current level and then bounce more to continue down the channel but its looking bearish since price doesnt hit the top of channel before dropping.
price is stalling at the top of those moving averages but it may move down to test resistance at the line drawn lets see how price reacts to this channel. macd shows that even though theres a bearish cross, the price is still above the hull cross over. this may indicate continuation any thoughts?
hulls look about ready to cross bearish the macd shows that the bounce hardly went over the macd histogram and its starting to look bearish. your thoughts? will it test the bottom levels before moving up?
the hull moving averages are starting show signs of a bullish cross. the macd shows that even though the price has been down trending, the lines are jumping closer to the zero cross and theres been a recent buy signal. how much can the aud jump? worth a risk?
looking at the hull moving average on 4h the lines are not yet curving for cross, and the macd is also signaling a possible continuation down to test these key levels lets see how far it can go before it bounces
macd is showing how the current run up has had very little volume and histogram is going negative. volume weighted hull moving average has also given a signal to sell could it test trend line what are your thoughts?
