Weekly outlook Bullish on TVC:DXY : 1W +fvg, 1D +fvg, h4 +brkr Bearish on NASDAQ:EU : 1W -fvg, 1D -ob, h4 -brkr Focus is on MIL:EURO shorts since FX:EURGBP is bearish overall. Won't trade Monday. Focus is on Tuesday post #cpi, Wednesday all day and Thursday NY. #trading $forex
is due for a reversal after a health run-up. the 13th of February 2024 is the probable date for a reversal.
I see a nice double top pattern that is formed within a key horizontal resistance on a 4H time frame. The price formed a high momentum bearish candle after the release of the jobs' data yesterday. I believe that we can expect a bearish continuation today. Goals: 1.25815 / 1.25425 ❤️Please, support my work with like, thank you!❤️
– Thursday Daily candle is 2nd Daily candle closing Doji Bearish for this week, leaving 140 pip rejection wick to the downside as price retrace back into recent 4h Consolidation Zone. I’ll be looking for potential Buys above 2039.000 targeting 4h Rejection formed on Wednesday during New York Stock Exchange session (2044.800) and 1h previous Support formed on...
Daily/4h time frames analysis for GBPUSD. Price action analysis & key levels. Trading plan explained. ❤️Please, support this video with like and comment!❤️
As depicted on the chart, following the bullish spike and channel formation, we anticipate a trading range. The strength of bullish candles and the weakness of sellers bolster our confidence in DXY's upcoming rise.
– Wednesday Daily candle closed Doji Bearish around 2035.000 rejecting 2045 area on Daily timeframe, I’ll be looking for potential Buys above 2042.500 targeting Weekly Resistance (2049.200) and Daily Resistance (2055.200). I’ll be looking for potential Sells below 2030.700 targeting Daily Support (2025.000) and Weekly Support (2018.500). Overall price ranged on...
I opened a long position last week. Still a good time to buy. Price is testing the broken resistance zone now support, the path with less resistance is to the upside. Aussie is getting stronger, I also have short positions on EUR/AUD and GBP/AUD, and I think the Dollar made a dead cat bounce last week and now is going down again.
✅DXY is making a pullback While trading in an uptrend But a support level of 103.700 Is ahead so after the retest A move up is to be expected LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Monthly outlook for forex NSE:DOLLAR is finally out of range. A little retrace lower and then going higher is what I have in mind. I don't wanna see a deep retrace into the range. This aligns with the seasonal data for NSE:DOLLAR as well. TVC:DXY NASDAQ:EU $gu
USDCAD may drop from a key daily resistance. The price formed a double top with equal lows, testing that on an hourly time frame. We just got a confirmed neckline violation. I expect a bearish movement at least to 1.3493 ❤️Please, support my work with like, thank you!❤️
– Tuesday Daily candle closed Bullish forming Daily Support around 2025.000. I’ll be looking for potential Buys above 2040.300 targeting 30min previous Support (2046.300) and 1h previous Resistance held on Friday last week prior to NFP News release around 2052.800. I’ll be looking for potential Sells below 2032.200 targeting Tuesday Daily Support for a potential...
It seems that the dollar index is in the support zone and we will probably have an upward correction in the weekly time frame
Truth be told, I initially was liking this for a sell order however , technical, momentum, DXY all tell me i should really place a buy order. I like this entry, I never place pending orders before 0850 EST.
Here is my latest structure analysis for GBPUSD. Resistance 1: 1.2595 - 1.2620 area Resistance 2: 1.2763 - 1.2830 area Support 1: 1.2500 - 1.2535 area Support 2: 1.2377 - 1.2415 area Support 3: 1.2186 - 1.2220 area Consider these structures for pullback/breakout trading. ❤️Please, support my work with like, thank you!❤️
SLO @ 1.3085 ⏳ TP5 @ 1.3045 TP4 @ 1.2960 TP3 @ 1.2815 TP2 @ 1.2725 TP1 @ 1.2585 BSO @ 1.2475 ⏳ BLO1 @ 1.2455 📈 BLO2 @ 1.2325 ⏳ After a +600 pips profit towards the downside, we are ready to rock towards the upside again.
– Monday Daily candle closed Bearish respecting Daily Resistance formed on Friday 2nd February around 2055s. I’ll be looking for potential Buys above 2029.700 targeting recent 1h Resistance (2038.100) and previous Weekly Support formed last month January at (2045.500). I’ll be looking for potential Sells below 2016.100 targeting recent 4h Support (2009.100)...
GBPUSD price broke below Ascending trendline the after correction, price made a breakdown of the short-term trendline, If price stays below the 1.26900 level I expect the price to move lower Trade Wisely *The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent...