In this update we review the recent price action in the Dollar Index and identify the next high probability trading opportunities and price objectives to target.
Traders, The week has ended and Bitcoin has thrown us a bit of a curveball. But should we have expected this drop? And is it a healthy sign. I am of the persuasion that it is! I feel that as long as the Bitcoin price remains above the 50/100 day moving average intersection (which coincides with a .618 Fibonacci retracement level), Bitcoin remains bullish and I,...
In this update we review the recent price action in the Dollar Index and identify the next high probability trade locations and price objectives to target.
Top-down analysis on Dollar Index. Price action & key levels. Bullish outlook explained. ❤️Please, support this video with like and comment!❤️
Weekly/daily time frame analysis on DXY. Price action & key levels. Trading recommendations & thoughts. ❤️Please, support this video with like and comment!❤️
Weekly/daily time frame analysis on DXY. Price action & swing analysis. Scenarios & thoughts. ❤️Please, support this video with like and comment!❤️
Traders, The dollar (DXY) has been rising higher as expected. 2 weeks ago we published an update in which we mentioned that dollar was simply taking a healthy correction for the next move upwards. Dollar Index has exactly done that. It has tested an FCP zone and trend lines and gone up for parabolic move. Dollar can still rise to 100, 103, 105, 113 on the...
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In this video: * Current price action of the dollar coinciding with that of the markets and an understanding that the Fed may raise interest rates soon, all indicate that the broader markets will begin to roll over and turn bearish. * Cryptos may still have time to complete one more bullish cycle before the markets turns extremely bearish.
Traders, DXY Dollar Is Still Bullish After Expected Correction. We have been expecting this correction as it had reached an FCP zone where it consolidated for quite a while. This correction that we had was a shallow one so if the USDOLLAR picks up momentum, it can again go into the next leg upwards parabolically. On the higher time frame we still have structure...
Traders, Not much has changed on DXY. The dollar index is still struggling between FCP zone and its bullish strength. If we get a break and confirmation above the FCP zone, this can still go parabolic. In this DXY (Dollar/USD) Technical Analysis & Forecast we see various scenarios along with EURUSD situation. Rules: 1. Never trade too much 2. Never trade without...
Technical analysis for the DXY dollar index, the index formed tweezer top on the weekly chart, which is a signal for a pullback. The first target for the pullback, the 0.386 FIB retracement at 95.55, was achieved. The second target is the 0.618 FIB retracement at 94.70. The support and 0.618 FIB retracement at 94.70 will be monitor by a lot of traders and...
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Could be a very interesting week ahead for the Dollar.
The Dollar index topped 96.00 last week and is now retracing. The bulls can potentially push price higher again if price can stay above the higher low at 95.51. In this video, I've also added USDDKK which is a positively correlating currency pair. Take look and be sure you're following me here on Tradingview and Youtube(SLFX Trading). Have a safe trading week.
Traders Dollar has gone parabolic as expected and has been gaining strength. We have been holding our long bias since 89 level. DXY can go much higher from here is the momentum picks up further. However there are few levels on dollar index which you should be aware of. In our analysis we always look at both bearish and bullish scenarios so that we can plan our...
In this update we review price patterns in the equal weighted DXY and the potential implications for EUR,GBP,USD & JPY
In this first video, I'm going to show you why we are 100% in a bull market and why we could go for a multi-year bull market with multiple bearish months in the middle. It's easy: - look at the overall structure of the dollar index chart - look at the monthly indicators A weaker dollar = a stronger crypto right? Well, what if...