Hello Traders.. Another new week of trading ahead. No news announcements to kick off the week so expecting some smooth price action. Monday's can move nicely as volatility is typically lower. It's during the end of the week when we observe more aggressive trends and thats when you can really let your winning trades run. Coming out of the Weekly candle closure from...
TVC:DXY The monthly trendline is so strong, but please keep in mind that the US is "under attack". I think something will happen to push the DXY to break the ATH. But a fake breakdown is also possible. Just prepare both possibilities.
– Previous Weekly candle closed Bearish around 2156.000 forming Daily Resistance around 2179.500, Friday Daily candle closed Bearish breaking below recent Daily Support formed on Wednesday last week. I’ll be looking for potential Buys above 2160.800 taregting 1h previous Support formed at 2166.800 and 1h Resistance around 2172.600. I’ll be looking for potential...
Here is my latest structure analysis and important key levels to watch on EURUSD next week. Consider these structures for pullback/breakout trading. ❤️Please, support my work with like, thank you!❤️
Hey Traders. in tomorrow's trading session we are monitoring DXY around 103.300 zone, DXY is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 103.300 support area. Trade safe, Joe.
USDJPY is testing a key daily horizontal resistance. The price formed a double top formation, approaching that. To sell the market with a confirmation next week, let the price break and close below 148.97. It will be a strong bearish confirmation. The price will drop then at least to 148.65 level. ❤️Please, support my work with like, thank you!❤️
It's always important to look the US Dollar when determining the outlook for Bitcoin. Remember, when the US Dollar rises, Bitcoin does the opposite, which is why the price of BTC is experience in the red. However, looking at the US Dollar Chart, the DXY is oversold on the Relative Strength Index. This is a bullish momentum for Bitcoin, as the US Dollar can...
Dollar Index may drop from a key daily resistance. I see a strong bearish confirmation on an hourly time frame. Goals: 103.19 / 103.05 ❤️Please, support my work with like, thank you!❤️
Here is my latest structure analysis and important key levels to watch on Dollar Index. Resistance 1: 103.4 - 103.8 area Resistance 2: 104.1 - 104.3 area Resistance 3: 104.9 - 105.0 area Resistance 4: 105.9 - 106.1 area Support 1: 101.9 - 102.2 area Support 2: 100.6 - 100.9 area Consider these structures for pullback/breakout trading. ❤️Please, support my...
I like this chart 📊 Please pay attention to the details. The price did the stop hunt and create the FVG, then could not continue to go higher and created the inversion. After that, by closing the candle's body below the last down-close candle, the price activated the breaker block, and also the market structure shifted. Now, the price has moved higher and it...
Anticipating bearish dollar from the weekly iFVG. Hey traders, here is the analysis for the DXY. If you guys like my analysis please hit like👍 and follow. Thanks. DISCLAIMER:- This is not financial advice.
– Thursday Daily candle closed Bearish at 2162.200 closing above recent Daily Support formed on Wednesday 13th March 2024. I’ll be looking for potential Buys above 2167.500 targeting Daily Resistance formed on 14th March 2024 around 2174.500 and next Daily Resistance formed on 12th March 2024 around 2182.500. I’ll be looking for potential Sells below 2157.000...
I see a strong bullish confirmation on USDCHF after a test of a key support: The price formed an ascending triangle formation on a 4H time frame and violated its neckline. I think that the price will reach 0.8855 level soon. ❤️Please, support my work with like, thank you!❤️
RULES: -If price break Point 2, 4, 6, or 8 cancel the setup -Price needs to break Point 1, 3, 5, or 7 to confirm the setup When price reach the 100FE(BLUE BOX) it normally does a pullback/retest or reversal The market can Truncate(fall short)
– Wednesday Daily candle closed Bullish forming Daily Support around 2158.400. I’ll be looking for potential Buys above 2180.000 targeting 4h Strong Resistance formed around 2186.700 and 30min Resistance around 2193.300. I’ll be looking for potential Sells below 2169.800 targeting 1h Support around 2163.300 and 4h Strong Support around 2156.800. High Impact News...
The U.S. Dollar Index is coming off a three day rebound after the 1D RSI almost touched the oversold (30.000) level. Even though the 1D technical outlook is bearish (RSI = 35.930, MACD = -0.200, ADX = 51.582) this small reaction is most likely the start of a counter trend rebound like late June 2023, which reached the 0.5 Fibonacci level. Consequently we are...
✅DXY is making a pullback From the horizontal resistance of 103.041 And the index is trading in a Downtrend so we remain Bearish biased and therefore We will be expecting A bearish continuation SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Top-down analysis for Dollar Index. Price action. Important key levels. Potential scenarios. ❤️Please, support my work with like, thank you!❤️