The DXY, also known as the U.S. Dollar Index, measures the value of the U.S. dollar relative to a basket of six major world currencies: the Euro, Japanese Yen, British Pound, Canadian Dollar, Swedish Krona, and Swiss Franc. When we say that the DXY is going up, it signifies that the U.S. dollar is strengthening against these other currencies. There are several...
Hello Traders, We discussed the analysis of Dollar continuing its' bull run on August 14th. Dollar went as expected,therefore, causing Eurusd and Gbpusd to go bearish
SORRY guys I mistakenly marked wrong resistance in previous idea here is the new marked resistance
XAU is respecting a parallel bearish channel and mostly rejecting from the point which is marked target is mentioned.
USOIL is making LL and LH in the parallel channel, most likely it will retest the marked zone and continue the bearish movement toward the support level.
On the daily timeframe, the pair is currently trading within a bullish channel, forming higher lows and higher highs. Current price movement is trending towards key support zone at 1.0850, which is also the 61.8% Fibonacci retracement level, and could fuel further bullish positions on the pair if price does not break through the support zone and ascending lower...
The CHFJPY pair has been on a very strong and steady rise, supported by the 1D MA50 (blue trend-line) since the March 29 break-out. Our last signal was on April 28 (see chart below): The situation hasn't changed and the trend remains bullish, aiming at a +8.00% extension. Our target is 171.000. If however the pair breaks below the 1D MA50, we will close it...
Hi Traders! We have a potential triangle opportunity on the AUDUSD 1H chart. We are looking for a break and a continuation of the break on either side. To the upside, we are looking for a break above the trendline to target 0.64440. To the downside, we are looking for a break of the support line to target 0.63720. Please do not forget to like, comment, and...
AUDUSD price is near 0.63506 support zone if price can stay above this support zone. It is expected to recover in the short term. >> GooD Luck 😊
Riot Platforms has shown an accelerated decline pattern This figure shows the weekly candle chart of Riot Platforms' stocks in the past three years. The top to bottom golden section at the beginning of 2021 is superimposed in the figure. As shown in the figure, the stock of Riot Platforms has shown an accelerated decline pattern in the past three weeks, and...
Dear colleagues, I anticipate that the price will continue to decline towards the support area at 34628. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Hey Everyone, Once again our chart idea with pure technical analysis is playing out level to level allowing us to track the movement. A stated yesterday, we had ema5 cross and lock below 1902 opening the full swing range. We got the 1894 swing range test first with a nice reaction bounce followed with the second swing range test for the full test to 1884, where...
Analysis: Bullish Confluences Strong upwards trend Retesting a previous key level 61.8% fib retracement level touch Long term upwards trendline touch Falling wedge pattern forming 3k long position decrease for the USD Stay Safe- The JPI Team Please feel free to leave any comments you have and like this idea if you agree with us. Any feedback or...
Canadian dollar price is going higher against the Sweden frank; for the next hours.... ----- About the analyst: Gerald Mann was born Mr. Peiman Ghasemi on February 16, 1988. After a long while of diplomatic cooperations as an adviser to Barack Obama, and as a veteran; but, finally, unfortunately he got deported from Turkey to Iran. While, in fact, he was praised...
Hello traders, we want to check the EURJPY chart. The price has broken the upward channel. We expect the price to continue its decline and fall to around the price of 158,200. If it can break this level, the next target that can be imagined will be the price of 157,700. Good luck.
Some traders will buy straight up the pullback back into the demand/support/break-out retest area while others will wait for a potential Stop hunt liquidity search of those traders and buy after that happens. I always like the idea of waiting for confirmation on smaller timeframes (1hr/4hr).... What are you looking for?
Hello traders ,what do you think about USDJPY ? This pair is approaching a strong resistance zone. On the other hand, there is a weakness in the trend. It is expected to fall after reaching the specified resistance zone. In the specified resistance zone, after receiving the confirmation, you can enter sell . If this post was useful to you, do not forget to like...