FX Majors have been moving a lot lately, with multiple impulses potentially around the corner, awaiting their turn.
During Q2, I've been sharing some daily wave counts, in which I've been signaling some swings. Most have already started.
The main question right now is: "Is the USD continuing the Bearish Impulse?"
There are considerable technical signs...
DXY expected to rise up to 1st resistance at 96.64 where it could potentially react off and drop down to 1st support at 95.86.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
BUY & SELL As Per Above Given Chart or
You Can Also set Own Risk reward.
Let see what Will be Next Move.
Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only.
Thank You !!
DXY expected to rise up to 1st resistance at 96.64 where it could potentially react off and drop down to 1st support at 95.86.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
DXY expected to rise up to 1st resistance at 96.64 where it could potentially react off and drop down to 1st support at 95.86.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
The dollar made a break of resistance but failed to hold out above the resistance line.
We returned to the period before breaking the resistance which means that the dollar is stuck between 95.4 and 97.4, we are currently bearish with a target of $ 95
Welcome everyone for another trading idea!
Im doing my weekly analysis currently and there is one thing i see when im going trough the currency pairs:
There is a lot of selling pressure on the US DOLLAR.
Every other currency crossed with the dollar is getting a lot of strength right now. The Euro against the Dollar made a huge bullish candle this week and also...
We have a bullish trend, the dollar has 96.3 support and resistance at 98.12, in the long term we think the dollar will rise to the 102 area
We recommend buying signals with a short and close target at 98.12
Here is the DAILY CHART markup for DXY that I cover in my Weekly Market Analysis video I post every Sunday on all the major pairs, so you can form a plan to trade the markets in the coming week. Just another tool to help everyone in this community. For a FREE FULL VIDEO BREAKDOWN of all these markups, please head over to our website at the following link:
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DXY has shown a powerfull support zone at 96. The regular diversion in RSI behavior in 4h XAUUSD can be seen. It say to us, changing in trend direction in 4H time frame is closed! there is not the important senko-span support zone to 1300.
BUY & SELL As Per Above Given Chart or
You Can Also set Own Risk reward.
Let see what Will be Next Move.
Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only.
Thank You !!
