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...
Gold retest of resistance inside the range at the downtrend. aFALSE BREAK OF SUPPORT DEFINES a local target in the from of resistance. Test resistance can from a sell signal. Resistance:2035,2038,2039,2048 Support:2025,2020,2018
The U.S. Dollar Index (DXY) gave us the most optimal buy entry last time we analyzed it (December 28 2023, see chart below), exactly at the bottom of the 1-year Channel Up: Our perspective hasn't changed, this is the new Bullish Leg of the Channel Up but this consolidation is simply a standard technical re-accumulation within the 1D MA50 (blue trend-line) and...
– Previous Daily candle closed Bullish around 2029.200 closing within recent Daily Resistance formed on Monday 22nd January 2024, forming Daily Support around 2021.600. – Buys on close above 2031.000 targeting 4h Resistance formed around 2035.800, Leaving Runners to the 1h Resistance formed around 2041.400. – Sells on close below 2020.700 targeting 1h previous...
This was the psychological threshold to hold, and it did not resist: Bitcoin has just lost $40,000. Since the approval of Bitcoin ETFs, the correction has been particularly clear from January 11 to date, the cryptocurrency has lost 19% of its value
The trade idea capitalizes on the economic strengths of the US and the challenges faced by Japan, making a long position on USD/JPY appealing. Amidst the contrasting economic landscapes of the US and Japan, a long position on USD/JPY appears favorable. The robust and resilient US economy, marked by strong retail sales, positive jobless claims, and optimistic...
Top-down analysis for DXY. Price action analysis. Important key levels. Bullish outlook explained. ❤️Please, support my work with like, thank you!❤️
I'm expecting a big collapse from this pair over the next few weeks. I'm seeing a Break of Structure on the lower timeframes, with 1hr retest. GBP data shocking and certainly indicating recession, USD not looking like a recession. Heightening global conflict could also lead to a stronger USD. I'm going short on this pair, first target 1.255.
Top-down Analysis. In this video, we take a close look at the GBPUSD to find out where it is going. Using a top-down analysis, we have examined all possible directions of price movement in the short term and long term, respectively. We are expecting to catch a down move that will give us a potential of 147 pips in profit if it goes our way.
gold On H1 there is a downward rang , but it is better to look for strong support level at 2024.6 and resistance level. because now it is impossible to say clearly as. a symmetrical triangle is forming globally. Resistance levels: 2035-2048-2050 Support levels:2025-2020-2018 My goal is 2025
In this video, we take a close look at the EURUSD pair to ascertain where it is going. Our analysis reveals we are to expect short-term bullishness on the 1 hour to drive prices into our 4 hour PB, following which prices are expected to drop significantly towards the 4 hour liquidity target.
For the short term is a bow tie diametric and it is the best scenario. So it will after that it is a little more correction.i will update it later
– Previous Daily candle closed Bearish around 2021.700 forming Daily Resistance around 2029.800 – Buys on close above 2024.800 targeting Daily Resistance formed around 2029.800, Leaving Runners to the 4h Resistance formed around 2035.500. – Sells on close below 2018.200 targeting 4h previous Resistance formed on 18th January 2024 around 2012.000, Leaving Runners...
The Houthis say they are targeting ships which are Israeli-owned, flagged or operated , or which are heading to Israeli ports. However, many have no connections with Israel. US-led naval forces thwarted many of the attacks. Major shipping companies have stopped using the Red Sea - through which almost 15% of global seaborne trade usually passes - and are...
As we can see from the chart above, the previously shared analysis hasn't changed (see chart below). From a technical point of view, we have considered the idea of a potential bullish swing developed with at least 3 legs, such as ABC for example )without excluding an impulsive structure 12345 with Target above the previous Top). Now, instead of following the pair...
EURUSD has consolidated below the resistance zone. Given its previous sharp decline, we might see another drop, potentially revisiting the previous low.