Life happen for you not to you.. those who fail to plan, plan to fail.. Traders our discipline and consistency prevail again today. If you don't fail you are not even trying, don't complain about the trades you lost and the money you did not make.. A lot of people spend dollar but do not make money from it.. With detailed analysis we have prepared ourselves...
Based on the chart, my bullish stance on the DXY (U.S. Dollar Index) is due to the clear pattern repetition visible in the price action. The Index has formed what appears to be a bullish channel pattern, showing higher lows and higher highs within a confined range. The recent break above the consolidation zone within the channel suggests a continuation of the...
hello everyone, at this point you must wait for DXY to breakout, there is alot of mix up with the fundamentals causing manipulation in market... however, the overall direction of DXY is still bullish... For bearish confirmation the price need to break below 103.4 For bullish confirmation the price need to break above 104.45
The DXY's recent sharp uptick fell short of breaking past the previous downtrend pivot, suggesting a potential pullback to retest lower levels. Watch for possible fall.
🔴 #DXY Update 📉 The TVC:DXY stalls before retesting its lows and fails to breach the resistance zone, suggesting a potential drop back to or below the recent bottom.
is due for a reversal after a health run-up. the 13th of February 2024 is the probable date for a reversal.
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.
By examining the 4-hour chart, we can see the liquidity formed above the current price and below the bearish order block. So we can expect the price rise to collect the liquidity and start the bearish move from the order block to the liquidity void. 💡Wait for the update! 🗓️29/01/2024 🔎 DYOR 💌It is my honor to share your comments with me💌
The Dollar Index is currently fluctuating within a range, and the latest rise has been stronger than the fall. As a result, I foresee another increase, aiming for at least the previous high.
DXY create classical hidden bearish divergences in 4h, 2h & 1h time frame. A healthy short anticipated to 101.6.
Hello my friends, how are you doing? I hope you will fulfil your ambitions ❤️❤️❤️ Today, I want to talk about EURUSD. What a chart! wow. Before that, I want to remember It's not financial advice. so, just see and think about it. I'm just sharing my view and opinion of the chart. Please do your own research. Don't waste time and Let's go into details...
After a massive selloff, Dollar Index retraced to a key horizontal resistance. We can see that the market is currently consolidating within the underlined blue area. To short the market with a confirmation, let the price break the support of the range. 4H candle close below 102.37 will confirm the violation. A bearish continuation will be anticipated at least...
My bias for the dollar this week remains bearish, leading me to seek pro-trend trades from any proximate valid supply zones. With the recent reaction from my prior 3-hour demand, I anticipate the price to continue its ascent to address the imbalances above. Subsequently, my expectation is for the price to undergo distribution within a supply zone identified on...
Analyzing the DXY, we've seen the last bearish phase executed in two distinct movements, hinting at an underlying weakness in the downtrend. The recent supply zone has indeed nudged the index downward. My projection? The DXY is likely to descend to, or even beyond, the previous low. Stay tuned for updates.
DXY is struggling with resistance under middle line of the channel. 104.10-104.20 zone is heavy and seems no chance to goes above that at this time. Trade safe. Good luck.
Scaling into 1H timeframes for possible intra-day trades for Monday - Tuesday... We've been in a healthy uptrend creating Higher Highs and Higher Lows. No signs or breaks of structure to switch sides and look for sells. 2 areas i'm looking for potential entries on correlating pairs such as GBPUSD & EURUSD
hello traders what do you think about this analysis trading ideas 💡😁💡 Euousd sellers return to Resistance levels) Follow up with my trading ideas 💡😁💡
US Dollar Faces Supports: Potential Double Bottom Signals Market Dynamics Major currency pairs continue their range-bound movement on Monday as investors refrain from making significant directional bets. The market sentiment is cautious due to escalating concerns, with investors eyeing key inflation data releases from both the United States (US) and the Eurozone...