Here is my latest structure analysis for DXY. Resistance 1: 104.85 - 105.03 area Resistance 2: 105.93 - 106.14 area Support 1: 103.61 - 104.02 area Support 2: 102.58 - 103.00 area Support 3: 101.90 - 102.16 area Support 4: 100.60 - 100.90 area Consider these structures for pullback/breakout trading. ❤️Please, support my work with like, thank you!❤️
As you can see the price consolidating for a while and we should see what happens next. By looking at the chart, we can figure out the price created the sell-side liquidity that formed as equal lows that can be smart money targets. In that case, I don't want to see the price go higher than the key level (107.675). In addition, there is the hourly bearish FVG...
– Monday Daily candle closed small Bullish as price ranges on the 4h timeframe. I’ll be looking for potential Buys above 2022.400 targeting 1h Resistance at 2028.400 and 4h Resistance at 2034.400. I’ll be looking for potential Sells below 2013.100 targeting 1h previous Resistance at 2007.600 and recent 4h Support at 2001.300. There is still a good probability for...
Hello,Traders! DXY is trading along the Rising support line And the index will soon Retest is so after the Retest we will be expecting A further move up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
– Previous Weekly candle closed weak Bearish with an almost 300 pip Rejection wick to the downside. Friday candle closed Bullish retesting the previous Weekly Support area formed at the end of January 2024. I’ll be looking for potential Buys above 2015.300 targeting previous 4h Support area formed around 2020.000 and recent 4h Resistance formed at 2026.800. I’ll...
Here are important key levels to watch on Dollar Index on a daily time frame next week. Consider these structures for pullback/breakout trading. ❤️Please, support my work with like, thank you!❤️
What does it do You see what could be a continuation inverse head and shoulders and the two targets. PLAN B hot alot of people wrecked last time, and he still adamant #BTC will hit $500K this cycle. The chart says otherwise and more likely we peak above the high meet the linear target & double top (at least for now ) what say you?
The enduring downward trajectory of the USD appears poised to persist in the coming years and even decades. With a staggering $33 trillion debt load that seems insurmountable, coupled with dwindling confidence from international partners who are divesting from the USD, the currency faces significant headwinds. The inevitable repatriation of these dollars to the...
Dollar pushed higher on CPI news, expectations are for a pullback lower. High probability price will drop from this level without touching 105.00 Targets below 104.200. Use proper risk management.
– Thursday Daily candle closed Bullish forming Daily Support around 1992.400. I’ll be looking for potential Buys above 2008.400 targeting previous Daily Support formed on 25th January 2024 at 2014.200 and the previous 4h Support formed on 12th February 2024 at 2019.200. I’ll be looking for potential Sells below 2000.100 targeting previous 1h Resistance formed...
Looking like Ill be changing my bias based on structure, and DXY short. Will hold for 160 pips but first TP is 40 Enjoy
After an impulsive bullish movement, USDCHF stopped, approaching a key daily horizontal resistance. The price formed a double top formation on that on a 4H time frame and violated its neckline during the NY session yesterday. Looks like the pair became too overbought. I expect a retracement to 0.8823 ❤️Please, support my work with like, thank you!❤️
– Wednesday Daily candle closed weak Bearish at 1992.300 rejecting the 1984s area as price ranges on the Hourly timeframe. I’ll be looking for potential Buys above 1996.200 targeting previous Weekly Low formed on 11th December 2023 around 2004.200 and previous 1h Support formed this Monday at 2012.000. I’ll be looking for potential Sells below 1987.200 targeting...
TVC:DXY I have set my goal on the chart. Like and comment if you find value in our analysis. Feel free to post your ideas and questions at the comments section. Good luck
Multiple time frame analysis for Dollar Index. Price action & important key levels. Trading plan & potential scenarios. ❤️Please, support this video with like and comment!❤️
Bitcoin is into mega resistance right as the dollar has broken out. Is BTC going to get snuffed at 50K into a weekly resistance pivot? Is the halving to strong and going to push BTC to 100k? Dissecting the technical, it appears Bitcoin could be vulnerable in the near term.
– Monday Daily candle closed extremely Bearish at 1993.100 filling the previous Monthly Low. I’ll be looking for potential Buys above 1998.100 to retest previous Daily Support formed on 18th January 2024 around 2005.800 and 1h previous Support formed at 2012.800. I’ll be looking for potential Sells below 1990.000 targeting 4h previous Resistance around 1984.700...