Traders, The dollar is now starting 12 weeks of green. You can see that today it has touched the top of its channel and that has acted as resistance. Additionally, the RSI shows that the dollar strength is now over-extended. I smell a pullback coming very soon. Possibly before the weekend. The SPY (which correlates in part with other major indexes) has this Head...
Important update for USDJPY. Multiple time frame analysis. Price action. Trading recommendations. Thoughts. ❤️Please, support this video with like and comment!❤️
We've made a stink about the TVC:TNX & the TVC:DXY for a VERY long time now. WAY OVER 1 year. They're trading congruent & it's a danger. Short term #interestrates have been stuck for a while. Keep looking for a normalization of the #yield curve! = Long term rates higher than short term (getting closer). #dollar #stocks
Hello,Traders! EUR-USD is trading in a Downtrend and the pair Broke the key horizontal Level of 1.0509 which Reinforces our bearish Bias so I will be expecting A bearish continuation Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
USDCAD meeting up 1.47212´ if eventually the previous resistance line which has been tested twice breaks, let’s also mind the indicator being overbought it’s not totally a sign for rejection at the minor supply line
DXY D1 Leading on from this weekends technical video rundown... We can clearly see the dollar is looking to pick up where we left off. With gains on Monday and a threat of breaking this 107 handle... We are looking for a nice bullish close today, retest tomorrow and a strong end to the week for the dollar. Aided by NFP, AE and UE figures. Rules are always buy...
usd is rising every week inside the parallel channel now testing upper line of the channel trend bullish until lower line of the channel breaks
There are several factors that could contribute to a sharp increase in the value of the US dollar in the future: Strong economy: If the US economy is doing well compared to other economies, it can boost confidence in the US dollar and attract investors. Strong GDP growth, low unemployment, high investment and innovation may be factors contributing to increased...
– Previous Daily candle closed strong Bearish around 1827.800 tapping into the previous Monthly Support formed in March 2023. – Buys on close above 1833.200 targeting 1h Resistance around 1838.000, Leaving Runners to the next 1h Resistance around 1845.000. – Sells on close below 1824.000 targeting 1h Support formed on 9th March 2023 around 1818.000, Leaving...
TP5 @ 1.1200 TP4 @ 1.1120 TP3 @ 1.0985 TP2 @ 1.0895 TP1 @ 1.0766 BSO2 @ 1.0635 ⏳ BSO1 @ 1.0555 ⏳ — This is our 2nd attempt at catching the beginning of EURUSD returning to it's Big Picture uptrend. — Although there was no HIGH IMPACT News for the EUR or the USD, the "bears" continued to push Price Action so far down that it reached our Pivot Low, which was also...
✅USD_CAD has been growing recently And the pair seems locally overbought So as the pair is approaching a horizontal resistance of 1.3694 Price decline is to be expected SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Hello,Traders! GBP-USD broke the key Horizontal level of 1.212 And as the pair is in the Strong downtrend I will Be expecting a move Further down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
✅GBP_CAD will soon hit A broken key level of 1.6612 Which is now a resistance And from where a local Correction is to be expected SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
USD JPY tapped into the strong resistance and watch the video to understand how to trade it
USDCAD nicely respected a solid rising trend line on a daily. The market was rejected from that, and it is most likely heading towards 1.368 - the next strong resistance now. ❤️Please, support my work with like, thank you!❤️
USDCHF is very bullish and trading in a long-term bullish trend. After reaching 0.922 level, the pair started a correctional movement within a falling parallel channel – a bullish flag. Its resistance violation is a strong bullish signal. I anticipate growth to 0.916 / 0.919 levels. ❤️Please, support my work with like, thank you!❤️
FX:EURUSD is forming a retest of resistance of the descending price channel. On the senior timeframe (D1) the preconditions for further sell-offs are forming The market is in the bear market phase. The resistance retest forms a consolidation of the price below the level, which forms a bearish potential before the further fall. At the moment, the fundamental...
GBPUSD is trading in a strong bearish trend. After the price set a new lower low on a daily, the price retraced to a falling trend line. Testing that, the pair formed a bearish engulfing candle, confirming a strong bearish reaction. I believe that the market may easily retest the local lows now. Goal - 1.214 ❤️Please, support my work with like, thank you!❤️