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...
The pair just landed on a monthly support. It makes sense, the dollar index is also landing on an important demand area and the JYP is losing value. Check my previous post about this pair in the monthly timeframe. I just opened a long position, I will accumulate on the upcoming days.
EURUSD is currently trading within a narrow horizontal range on a daily and stuck between 2 daily horizontal structures. If the price breaks and closes above 1.0817 resistance, we will expect a bullish continuation at least to 1.087. If the price breaks and closes below 1.0723 support, a bearish movement will be anticipated to 1.067 The US inflation data...
– Monday Daily candle closed weak Bearish within 2020 level as price ranged within 4h timeframe. I’ll be looking for potential Buys above 2026.500 targeting 1h Resistance (2033.000) and 4h Strong Resistance (2037.600) same Buys ideas we’ve had on the previous Analysis. I’ll be looking for potential Sells below 2017.700 targeting 1h Support (2012.700) and retesting...
NASDAQ we have FVG area 17350 price will take fvg area and continue to making new higher highs
USDCAD at 4h time frame FVG taken just we need Waite for bullish price will rise to 1.35400
EURUSD at 4h time frame we have FVG area i think it will rise to FVG area and after FVG taken price instantly will drop to 1.07700-1.07200
XAUUSD on 4h time frame we have FVG zone i think FVG will taken and price drop best zone to sell 2050 and best zone to buy 2012
I see a very big correction coming to dollar in the next month; maybe it will then reverse to continue its way to my target (see my previous analysis in 'related ideas')