The dollar has made a very strong rise and reached the top, from the start of the decline, and from the middle to get a very strong trend
After weeks of sideways movement, EUR/USD finally made a move and broke out of the consolidation! Buyers are coming into play, BUT, don't let this sudden move trick you in to impulse trading! EUR/USD has been bearish for A LONG time... and just because the price is pulling back a little bit, it doesn't matter the main trend shifted! Atleast not yet! *BE SAFE...
In this situation DXY chart Hopefully create bearish butterfly pattern. So, market need seems to SELL correction at 105.765 and 105.000 support zone. Then Market fully BUY to 106.650 & 107.7500 resistance level.
In this update we review the recent price action in the Dollar Index futures contract and identify the next high probability trading pattern and price objectives to target
In long-term view, the pair is heavily overbought and inflation is very high It does not mean the market condition can continuously drive it upwards. TP areas are signed white flags. And supports are black flags. *Please share your opinion on it, write in the comments. Dont forget some cheers bravo. " Teşekkürler.
I expect further growth from the stronger level of 1842
Trading Setup: A Trading Signal is seen in the USDJPY Currency Pair. Traders can open their Sell Trades NOW ⬇️Sell Now or Sell on 130.40 ⭕️SL: 132.20 🔵TP1: 126.60 🔵TP2: 123.67 🔵TP3: 116.35 What are these signals based on? Classical Technical Analysis Price Action Candlesticks Fibonacci RSI, Moving Average , Ichimoku , Bollinger Bands If you liked our...
The strength of the dollar as a currency is increasingly present against other currencies, if the FED continues to raise interest rates in this way and the rest of the countries do nothing with their currencies, we would be talking about an increase in strength for the dollar currency (at least temporarily). An increase in the strength of the dollar, would make a...
The levels on the euro's chart against the dollar are highly worrisome. If the European Union does not quickly raise interest rates more aggressively, we could see the Euro fall to levels of €1=$1 or even lower at €0.8=$1. We note that it has been in a bearish channel since about 2005, which it has been respecting in a demanding manner. At the same time we have...
Hello Guys I just made my mind and analyzed the Dollar Currency index chart using elliot wave Don't hesitate to share your ideas Regards Reza
DXY is on the resistance level and ı expect to see a reversal from here. I think corporates are buying before the line. We can see a good reversal from here..
As we can see in the daily timeframe showing us a bullish weakness pattern coupled with our DXY Seasonal Tendency for the month of February which is proposed to be bullish for the earlier part of the month. We can combine all confluences and look to only enter sell opportunities. Utilising: Bearish O.Bs, Bearish Breaker Blocks, Fair Value Gaps, Mitigation...
Me parece interesante la idea de esperar una neutralización de esos máximos antes de ver el movimiento bajista que sigo esperando. La idea de que el precio deje máximos iguales junto con ese Buy Side L semanal, no me convence como una toma de liquidez válida. Hay puntos de oferta más arriba que seguiré esperando y si el mercado toma el Low del día anterior en un...
hello receive a cordial greeting, you have at your disposal the supports and resistances of the S&P500 in the medium term. As well as its channels. I hope it will help you. Sincerely, L.E.D. In Spain on 01/17/22
To survive in the most difficult market and enjoy life recommendations 1.- Risk Management 1-2% capital per operation 2.- Be patient 3.- Partial profit taking We are at an ideal point to trade DXY Take its last push before its fall and thus be able to buy in the best areas, so we hope that this graph will also generate good opportunities. As you can see in...