This Weeks DXY bias is to expect another major move to the downside to continue its bearish trend that it has now set. To capitalise on this movement we will wait for a minor pull back up to a near unmitigated supply, (which will be the 9hr) to look for entries to get into this selling trend. From this we will look for our usual wyckoff distribution to play out...
In this situation DXY chart long term create bullish bat pattern and short term create Elliotte wave pattern. So, market need to seem buy correction @ 111.300 and 111.460 resistance level. If breakout @ 110.222 support zone, then market sell up to 109.700 support. AronnoFX will not accept any liability for loss or damage as a result of reliance on the...
AronnoFX will not accept any liability for loss or damage as a result of reliance on the information contained within this channel including data, quotes, charts and buy/sell signals. If you like this idea, do not forget to support with a like and follow. Traders, if you like this idea or have your own opinion about it, write in the comments. I will be glad.
Dollar index ready to short from 109.4 to 106.4. Technically, Dollar create strong bearish divergence in weekly time frame. Big Picture! Dollar now on solid bullish trend or up trend and still dominates the higher price. DISCLAIMER Remember, there is no place for luck in trading - only strategy! This analysis can change at anytime without any update...
AronnoFX will not accept any liability for loss or damage as a result of reliance on the information contained within this channel including data, quotes, charts and buy/sell signals. If you like this idea, do not forget to support with a like and follow. Traders, if you like this idea or have your own opinion about it, write in the comments. I will be glad.
Hey! Hope all is well. Here's a quick trade idea you can dive into whilst using your own trade plan as well... All the best, TJ Disclaimer: Not Financial Advice
Dollar index seems to sell 96.767 level. When create reversal candle on this zone then market fully Buy. Up to 98.500 level. Then second target is 99.00 AronnoFX will not accept any liability for loss or damage as a result of reliance on the information contained within this channel including data, quotes, charts and buy/sell signals If you like this idea, do...
TVC:DXY two possible scenarios about dollar index in daily timeframe + a harmonic pattern might be created soon at first I expect a pullback to the purple zone and then if it won't be a fake breakout and keeps going up after pullback , I'll be waiting for price action at 96 . I made almost everything clear on the chart , if there's any question I can answer...
DXY Will retest and Grow Up Soon. Hope you like this idea give me like and comment
US Dollar index trading at strong weekly support. There is a possibility of a dollar rally off of this support.
Wait for an rejection or wick in this area then wait for that rejection to close, then take the trade or place a BUY limit.
USD/SEK changes the trend starting from this week and goes for the eye! Follow for more. Entry: 9.37 Stop-Loss: 9.27 Target: 9.55 Have a nice week!
As you know, USD/JPY had a thriving week for the bears. We believe it is time to have a short term correction. Having said that, you should not be putting a lot to risk as bears still look powerful. However, we share it since we see a good opportunity risk/reward-wise. Follow to hear more. Entry: 108.00 Stop: 107.7 Target: 109.25 Have a nice week!
i see more weakness on dollar and fundamentals also showing more tensions with tariffs. here from technical i see abc correction marked with sub waves, also eurusd have same reverse pattern. on the chart in comments u can see the bigger full view on this. like it so ull be notified for updates...
finishing the correction (in comments) with ending diagonal. how typical :D that small correction that is making now is same as in previous push up, so thats why im expecting somewhere similar retracing up before drops again and give us that diagonal whats presented on chart. however that drop down at last part can come in very different sizes and shapes and can...
DXY / Rectangle Formation What is the trend in the dollar?
The dollar is exclusively strong in the foreign exchange market so far. Consistent with an old rule “trend is your friend”, core strategy in current conditions should be purchases of the dollar. But, as we know, fundamental factors may break trends. Therefore, it is necessary to monitor the fundamental background for threatening the dollar. The nearest on the...