The outlook for the Dollar this week is a continuation of its bearish trajectory. With a recent downside break in structure, I anticipate a correction, expecting the price to retrace into the 14-hour supply zone.
Upon entering my Point of Interest (POI), I'll wait for price distribution and a change in character as a signal that the dollar is prepared for a...
Pair : DXY Index
Description :
Symmetrical Triangle as an Corrective Pattern in Long Time Frame with the Breakout of Upper Trend Line and Completed its Retracement. Impulse, Correction ( ABC ) and Impulse Completed making its Correction. Retracement for Break of Structure
🏃♂️The DXY index has been moving in the Descending Channel for over two months .
🌊According to Elliott's wave theory , the DXY Index is near the end of the main wave 5 .
🌊If we want to look at the microwaves of the main wave 5 in the 1-hour time frame , we will find that the DXY index is on the way to completing the microwave 5 of the main wave 5...
Dollar ending this week falling onto a respected diagonal/staic support level. Also. we can look back to early this year and see consolidation on this level. With a short trading week next week I would expect to see the dollar to consolidate or even push up a bit. Ultimately looking into the beginning of next year. If the dollar continues to weaken, I dont...
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...
TVC:USOIL
TVC:DXY
Hello Traders.
Let's continue our analysis of USOIL.
Before we predict next week, let's take a look at oil chart's trend along with the DXY index.
The price continues to move in a downward trend. Due to the support area, we can expect a rise in oil price to the previous high level. (If weekly DXY doesn't consolidate above 103.285)
...
Pair : DXY Index
Description :
Breakout and Retracement of the Corrective Pattern " Bullish Channel " in Short Time Frame. Breakout the Fibonacci Level 61.80% and it will Complete " 12345 " Impulsive Wave at Fibonacci Level - 78.60% or Daily Demand Zone
Entry Precautions :
Wait until Breaks or Rejects Previous Support
US Inflation Rate YoY Comparison - ECONOMICS:USIRYY
Stark similarities to the beginning of the Great Inflationary Period (GIP) which ranged from 1965 - 1982.
The GIP fractal is not a prediction, it only offers us perspective and context. As an example, US Inflation YoY could potentially bounce around between 3 - 4% for another 32 months as it did between 1975...
Hello traders,
Last week, we saw a strong bearish momentum. Moving forward, I anticipate a continuation of the sell-off in DXY in the coming week, with my short-term target being the weekly fvg.
However, before taking any action,we should wait for a displacement lower to occur before considering entering the market.
This is a great looking chart of the DXY on a weekly time frame.
We have a huge Bearish engulfing candle forming on the DXY and breaking down below the 103 support level.
This is looking very Bullish for Bitcion and the Total Crypto Market Cap.
Also notice what happened after the last Bearish engulfing candles in October and November.
This is great to see,...
Weekly: The PA has been rejected from the weekly breaker block-CE & M-BB C.E. W-IFVG has become the support. So we can anticipate that price could go upward at least towards the w-BB C.E.
Weekly Bias: Bulish
Daily: Daily the price has been closed above weekly FVG, so it may acting support. As there is D-SSL 104.557 which is aligned with W-SIBI-CE. As the...
While Himino's speech is a crucial assumption for monetary policy and the longstanding dilemma regarding wages and prices, his journey is a speculative adventure on how the concept of Wages/Prices can depart from what he calls a frozen state. Next are deeper insights into how Himino perceives and examines wages and prices in relation to Japanese households,...
In a significant monetary policy speech, Himino introduced pivotal assumptions for wages, prices, and the prolonged dual downturn. The narrative explored how the concept of Wages/Prices might depart from what he termed a frozen state. Himino delved deeper into understanding and reviewing wages and prices concerning Japanese households, businesses, and financial...
Pair : DXY Index
Description :
Completed Impulsive Waves " 12345 " and Corrective Waves " ab " at Daily Demand Zone or Fibonacci Level - 61.80%. It has completed the Retracement for Break of Structure. Bullish Channel in Short Time Frame
Entry Precaution :
Wait until Resistance React as Support
