FX:NZDUSD forms a breakout of the descending channel resistance and forms a symmetrical triangle. Breaking the resistance of the pattern could give a strong impulse, but amid the strengthening of the TVC:DXY there is little chance for that.
The dollar continues to strengthen towards 107.5, as I mentioned earlier in my ideas. Against this background, the...
NZDUSD formed a double top pattern, testing a major horizontal resistance cluster
on a 4h time frame.
I believe that the pair will go lower today.
Support - 0.5905
❤️Please, support my work with like, thank you!❤️
GBPUSD looks quite oversold.
The pair is under a strong bearish pressure for many days.
The market is currently testing a solid key daily support.
Analysing the intraday perspective, I spotted a falling wedge pattern on an hourly t.f.
Bullish breakout of the resistance of the wedge will be a strong bullish confirmation.
A pullback will be anticipated then...
With my last name being Adamantos, I must admit I have a thing for Adamantium. 😎 Let's dive into the US Dollar and its uncanny resemblance to Wolverine. Time to dive into the US Dollar and its uncanny resemblance to the yellow beast. Let's get into it!🤟
The Wolverine Dollar 🐺💵
Back in March 2021, I first dubbed the US Dollar as the Wolverine. Why? Because just...
TP5 @ 1.1200
TP4 @ 1.1120
TP3 @ 1.0985
TP2 @ 1.0895
TP1 @ 1.0766
BSO2 @ 1.0635 ⏳
BSO1 @ 1.0555 ⏳
— This is our 2nd attempt at catching the beginning of EURUSD returning to it's Big Picture uptrend.
— Although there was no HIGH IMPACT News for the EUR or the USD, the "bears" continued to push Price Action so far down that it reached our Pivot Low, which was also...
EURUSD is inside a Double Channel Down pattern, trading at the moment on the twin bottom.
Being under both the MA50 and MA200 (1h), the price action is identical to the earlier stage of the Channel Down (August 10th-25th).
Trading Plan:
1. Buy on the current market price but don't hold if the price crosses under the dotted bottom line.
Targets:
1. 1.07365 which...
SLO @ 1.1235 ⏳
TP5 @ 1.1200
TP4 @ 1.1120
TP3 @ 1.0985
TP2 @ 1.0895
TP1 @ 1.0766
BLO1 @ 1.0635 📈
BLO2 @ 1.0550 ⏳
1️⃣ PA is currently pulling back from our BLO1
2️⃣ PA is currently within a Resistance Range (3D)
3️⃣ If it respects the Resistance Range, I'm anticipating PA will continue the DT down to our BLO2 @ 1.0555
– Previous Daily candle closed Strong Bearish around 1900.500 closing below recent Daily Support.
– Buys on close above 1904.300 targeting 1h previous Support formed around 1910.300, Leaving Runners to the 1h Resistance around 1914.700.
– Sells on close below 1896.400 targeting 1h Support formed around 1890.400, Leaving Runners to the previous Monthly Low formed...
50 is considered as Golden. It is India's decade is the decibels that we have heard and read and hopefully it is towards that. The number 50 rhymes more than once these times. 1. 50 Year lows of savings rate, one can debate the pros and cons, causes and effect at length. 2. The Government to introduce 50 Y bond. Savings drop, debt rises, positive for the equity if...
Gold prices fell below key levels on Wednesday, extending a recent slump as persistent fears of rising interest rates, following hawkish signals from the Federal Reserve . As we can see that he breaks the support level and going toward the next one 1885 . For me the yellow metal will bounce at that level and get back to high levels due to russia and ukraine war . ...
Trying to become more active on Tradingview by posting as much analysis videos as possible. If im wrong or said something wrong and you dont address me then nothing will get resolved. I'm open to ideas but I do believe the candlesticks speak for itself.
Our timing has to be impeccable. We cant time the market but we can sure predict its direction thru...
Traders,
A strong dollar (11 weeks straight of green candles) and an elevated VIX has helped to trigger a break of this H&S neckline on the SPY chart. The pattern is now playing out but we are on support on the RSI chart where we can usually expect a bounce. Additionally, we have strong support at the 200 day ma just below us. Our target on this H&S is 410. The...
Gold underpins the Chinese Yuan, it's underpinning the BRICS movement full-stop. Chinese economy is on the move...
Recently, despite USD strength, Gold has maintained a HL, and I now see a reverse H&S forming.
I expect FOMC to pause this week, and often FOMC is not the best for USD.
I believe Gold has been forming a bull flag (which I calculate has been broken...
The Dollar Index (DXY) finds itself stretching towards the top of the current trading channel, eyeing the 107 mark. While this channel top is foreseen as a limiting factor in the future, the immediate trajectory for DXY hints at a stretch towards 107 before a possible retrace to the channel bottom.
Key Observations:
1. Targeting 107: DXY is progressing towards...
✅EUR_USD is in a very
Strong downtrend and the
Pair has been falling for a while now
So much so that it is now oversold
Thus as the pair is retesting a
Horizontal support level of 1.04833
I think that we might see
A local bullish correction
LONG🚀
✅Like and subscribe to never miss a new idea!✅
The attractiveness of this idea is rather dependent on how prices act between current price (1900) and ~1885, the upper demand zone’s (green lines) “aggressive” entry. If new supply/resistance forms directly ahead of buy levels, the trade may be scrubbed because of dissatisfactory risk-reward. Something to keep in mind…
That said, we are confident that gold will...
![DXY: [DXY] bullish](https://s3.tradingview.com/e/eU2Y4bq8_mid.png "[DXY] bullish")
