Hi friends the daily chart for this market shows with a very high probability that it will experience an uptrend up to the level of 71.39 with the vigilance of market reversal for more information please subscribe cordially
US Dollar Index (DXY) has completed 3rd wave of C wave in ABC sequence of Y wave in WXY wave from top made on 20 April. As shown in chart from the top price moving down in WXY complex correction, where W & X already over and Y wave is divided in ABC flat wave, where A & B were three wave movement and C impulse is running down. It has completed 3rd wave and now...
VIX Daily Entry Range w/ SL (Upside Target) 13:59:53 (UTC) Tue May 19, 2020
Traders we do not like to write more. The prediction of the price you can find on chart! Regards, Team Traders "Powerful Traders"
Hi Traders, all the details recorded Enjoy!
This chart corresponds to our mid-term outlook-
In the long-term, the USDCAD pair shows a corrective sequence. During this year the pair eases 2.70%. In this post, we'll review what to expect from Loonie for the coming weeks. Read more...
we should reach cup and handle target after retesting channel/ handle
Pattern: 1D Rising Wedge. Signal: Bullish as the price reached the Higher Low trend line as well as the 1D MA200. Target 98.330 (the 1D Resistance and pattern top).
The Dollar Index has been trading inside a strong and fairly stable Channel Up pattern on the 1W chart. Its current technical action (RSI = 51.671, MACD = 0.800, Highs/Lows = 0.0000) indicates that the price is near a Higher Low and as seen on the chart (based on its extreme measurements) this should be around 95.45. We are taking this opportunity to go long, TP =...
This cross-chart analysis studies the correlation of Gold spot (XAUUSD) with the Dollar Index (DXY) on a two year span. We see that since Gold made the 1,366.47 High in January 2018, it declined more aggressively than the equivalent rise on DXY from its 88.25 Low (-15.15% against +9.90% respectively). The cycle's measurements are taken from Gold's 1,122.73 Low in...
From failed moves come fast moves. USDCHF put in a H&S top (bearish reversal pattern) on the weekly chart. That breakdown failed, and has taken the form of an interlocking H&S. From Failed moves come fast moves, so I expect the velocity of this move to be higher than that of a breakout that didn't stem from a significant in duration failure pattern. FX:USDCHF
A minimum for the wave B is in place, though this count still looks for two minor iv,v moves to complete the structure...either way the wave C of 2 comes into play as the midterms approach, and should see a good downside move towards the end of year in an impulsive structured wave C of 2. In the larger degree picture, that wave 2 will be the last 2 of any real...
We have constructed a quick cross study of the 2 key factors that affect Gold's price currently: the equities and the Dollar Index. For this examination we picked the S&P (SPX) and US Dollar currency index (DXY) to compare with Gold's futures (GC1!). We see that since the stock markets stabilized last May, Gold quickly picked up the pace suggested by the rising...