Traders, As DXY is picking up strength, EURUSD and other similar pairs such as GBPUSD, AUDUSD, USDCAD and USDCHF can give give us very good opportunities. If you have not seen the DXY analysis for the USDOLLAR, it is a must thing to do. Rules: 1. Never trade too much 2. Never trade without a confirmation 3. Never rely on signals, do your own analysis and...
Traders, further to my analysis over the weekend, this is an update on Gold (XAUUSD) using FCP Analysis technique. Rules: 1. Never trade too much 2. Never trade without a confirmation 3. Never rely on signals, do your own analysis and research too ✅ If you found this idea useful, hit the like button, subscribe and share it in other trading forums. ✅ Follow me...
Traders, Both UKOIL and USOIL worked exactly as we expected. They both fell right into our targets. Now there can be little ups and downs but these markets are still bearish. So lets see what trading opportunities lie in these 2 commodities markets with our FCP (Fibonacci Confluence Patterns) analysis. Rules: 1. Never trade too much 2. Never trade without a...
Traders, DXY has been bullish since it hit 89.89 level which we predicted in August 2020. Since then the progress has been slot but stead as well. Now DXY can look for a minor correction just to support the previous bearish move down. Remember we are in a corrective phase at the moment so the market will try to resume the bearish momentum at least once more. So...
Traders, DXY (Dollar Index) represents the strength of the dollar against major currency pairs. But it is more than that. Nearly all financial markets are so far dependent on the usdollar directly or indirectly. That means if dollar moves up and down nearly all markets including indices (us500, dow jones etc.) , cryptos (Bitcoin, ethereum etc.), commodities (gold,...
Traders, here are the latest updates on EURUSD, AUDUSD and GBPUSD. Rules: 1. Never trade too much 2. Never trade without a confirmation 3. Never rely on signals, do your own analysis and research too ✅ If you found this idea useful, hit the like button, subscribe and share it in other trading forums. ✅ Follow me for future ideas, trade set ups and the updates...
Traders, in this update we can see what opportunities are there on GBPUSD on both long and short. Rules: 1. Never trade too much 2. Never trade without a confirmation 3. Never rely on signals, do your own analysis and research too ✅ If you found this idea useful, hit the like button, subscribe and share it in other trading forums. ✅ Follow me for future ideas,...
Trader, here is my update on EURUSD, USDCHF and DXY. Rules: 1. Never trade too much 2. Never trade without a confirmation 3. Never rely on signals, do your own analysis and research too ✅ If you found this idea useful, hit the like button, subscribe and share it in other trading forums. ✅ Follow me for future ideas, trade set ups and the updates of this...
Traders, Dollar has been finding its footing in the market. 2021 is expected to be bullish for the dollar with ups and and downs obviously. In this analysis of DXY lets see what levels and FCP (Fibonacci Confluence Zones) are important for the dollar. Even if you are not trading dollar you must watch this analysis so as to get an idea on how it can impact other...
Traders, here is my update on Gold (XAUUSD) using multi time frame analysis and FCP (Fibonacci Confluence Pattern) Strategy. Rules: 1. Never trade too much 2. Never trade without a confirmation 3. Neve rely on signals, do your own analysis and research too ✅ If you found this idea useful, hit the like button, subscribe and share it in other trading forums. ✅...
Traders, GBPUSD is consolidating on the lower time frame. However on the higher time frame it is getting ready for a breakout. So watch the analysis to understand what opportunities we have. Rules: 1. Never trade too much 2. Never trade without a confirmation 3. Neve rely on signals, do your own analysis and research too ✅ If you found this idea useful, hit the...
Traders, Here is my multi time frame analysis for EURUSD pair. In this analysis we see possible scenarios and levels. Rules: 1. Never trade too much 2. Never trade without a confirmation 3. Neve rely on signals, do your own analysis and research too ✅ If you found this idea useful, hit the like button, subscribe and share it in other trading forums. ✅ Follow me...
Traders, Gold is moving higher after breaking through the channel. Now it has reached a supply based FCP zone which can push it down or at least give it a little bit of break. So if you are looking for long then ideal situation will be a pullback and then continue with the uptrend. If you are looking for short term short position then based on some confirmation...
Traders, NASDAQ is falling from the FCP (Fibonacci Confluence Pattern) zone and can further down but because it came very close to 13000 level, it may go back up to test that. That is a string possibility. So if that happens we can look for long opportunities followed by short. In the comment section let me know if you have any questions on this. ✅ If you...
Traders, Dollar had a very bad year 2020 as we know. So far there have been only minor moves to the opposite side (upward) to show that it is still alive. However the major thing to note is that it could have been worse. The fall in dollar this year is huge but comparatively not that much if you look at previous moves. It also is finding support around 90.59 area....
Traders, Dollar has gained very bad reputation in last few months which has been fulled by media reports, blogs, videos and whatnot. But that is the beauty of financial markets. They are never Black and white. An analyst must overcome their own bias and try to think alternatively and objectively. So a trillion dollar question is: Is Dollar dying or it is creating...
Traders, Dollarindex is an important tool in analysing markets. In my opinion everybody should pay attention to what Dollar is doing as nearly all markets are directly or indirectly are dependent on USDOLLAR. In this Multimeframe analysis we are going to see where we are and what sort of opportunities are available based on the market structure and Fibonacci....
Traders, In this post we are looking at multitime frame analysis of DXY (Dollar). Dollar seems to be losing it strength right now in US Elections time but always keep an eye on the bigger picture. It is always the bigger picture that Institutional traders and banks are looking at. Expand your vision and do multi time frame analysis to see where we have bearish and...