Watching the Yield Curve inversion closely...10's - 2's is narrowing. Weekly Reversal in the Semiconductors. Oil massive breakout! Dollar next? Tesla losing Mag 7 status...its now only 10th largest company.
| Your time is precious so I write concise and precise, feel free to ask for more | The price has reached the bottom of the depicted channel, and some volume is expected, as FTX narratives begin to shift bullishly. Personally, I believe this is a good place to enter and keep an eye on the bottom of this channel, which I believe will keep the price secure. So, for...
An update to my previous idea, We see strong down trend in DXY, more dump for traditional market, and also bearish trend in crypto market,... So what are these dollars waiting for? maybe waiting for better narratives or maybe better supports in markets! get prepared and be on call! Sometime ago I have posted this idea: Now we an update to that analysis with...
The Dollar Index is currently fluctuating within a range, and the latest rise has been stronger than the fall. As a result, I foresee another increase, aiming for at least the previous high.
I am looking for an extension in DXY to grab some resting liquidity and test the supply zones! Price looks exhausted, which is a great sign of weaker bullish pressure. Therefore we could soon be looking for more of a distribution phase in DXY to then see down movement! Enjoy!
Dollars has been in an uptrend since the beginning of the year 2024. Though the impulsive leg has been short while the corrective wave has been longer, i expect the continuation of the uptrend if price breaks out of the consolidation to the upside
We are expecting a lot of important fundamental news next week. Here is your trading plan for GBPUSD. The market is currently trading within a wide horizontal range on a daily. Depending on the reaction of the price to its boundaries, I see 2 potential scenarios. If the price breaks and closes above the resistance of the range, we can anticipate a bullish...
Dollar Index keeps consolidating. The market is stuck within a narrow range on a daily. It feels like the market participants are waiting for the FED interest rate decision next week. Pay attention to the boundaries of the range. Its bullish breakout will be a strong bullish confirmation. A bullish continuation will be anticipated at least to 104.15 level...
Hey Traders, in the coming week we are monitoring DXY for a selling opportunity around 103.600 zone, DXY was trading in an uptrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 103.600 support and resistance area.
– Previous Daily candle closed Bullish around 2021.000 forming Daily Support around 2014.100 as price retraces back into the Daily consolidation zone. – Buys on close above 2023.800 targeting Strong Daily Resistance formed around 2029.800, Leaving Runners to the 4h Resistance formed around 2035.300. – Sells on close below 2013.800 targeting 4h Strong Support...
I am taking an early long position on Silver as we are getting a trendline and 4 hourly resistance breakout. Long from 22.79 or as close as possible. Target 1 - 23.30 - Set stop loss to break even once T1 has been hit. Target 2 - 24.05 Target 3 - 24.50 Extreme Target - 25.49 Stop loss - 21.80
I think the market basically moves from on news event to another. And between them in the range zone and I expect pullback to the resistance zone. MY goal is the support area at 2004.44
Dollar Index retested a recently broken horizontal structure on a daily. After its test, the price formed an inverted head and shoulders pattern and violated a resistance line of a bullish flag formation. We can expect growth today. Next resistance: 103.5 ❤️Please, support my work with like, thank you!❤️
USDCAD Create a 1H demand zone, considering 4H buy sentiment i expect a continuation to the upside to take out 1.34921 liquidity. Also USDCAD had gone extreme hence exposes to a taking risky potential long term buy , it may react to 1.35424 - 1.35047 potential supply zone.
– Previous Daily candle closed strong Bearish around 2014.200 breaking out of the recent Daily Range, Forming Daily Resistance around 2029.700. – Buys on close above 2019.500 targeting previous 4h Support formed around 2024.500, Leaving Runners to the strong recent Daily Resistance formed around 2029.700. – Sells on close below 2011.200 targeting Weekly Support...
This week's focus is on the potential for a minor retracement in the DXY (U.S. Dollar Index), highlighted by a noticeable bearish divergence when compared with the 10-year Treasury yield and the 10-year T-Note futures. This divergence is particularly significant as it suggests a weakening momentum in the dollar's recent uptrend. While both the 10-year Treasury...
Here is my latest structure analysis for EURUSD. Resistance 1: 1.0898 - 1.0922 area Resistance 2: 1.0973 - 1.1000 area Resistance 3: 1.1106 - 1.1140 area Support 1: 1.0793 - 1.0848 area Support 2: 1.0724 - 1.0760 area Consider these structures for pullback/breakout trading. ❤️Please, support my work with like, thank you!❤️
Note how the two large pattern #HVF's kept you dollar long as the main directional trade from 2011 to 2022 But things may be turning around and this trade may, potentially be reversing. Often when commentators have given up on the idea of a multi polar world, end of dollar dominance , as price keep going the opposite direction. Is when the trade actually...