Hey folks, Exciting developments in the world of trading! 📈📉 The dollar index just made a significant move, breaking and closing below a major daily support level. 🚀 What's more intriguing is the response afterward—a bullish retest that's met with a strong bearish reaction. 🐻💥 This could be a game-changer, indicating a potential downward trend in the dollar...
hi traders as i can see a very simple view on Dxy chart that the bullish move is still going to complete the given level if we watch deeply in the chart the DXY holding a strong support zone with a strong data of CPI & NFP with FOMC meeting minutes then its an easy target for incoming days Kindly share ur thoughts via comment session... stay tuned for new updates
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 Here is a detailed update top-down analysis for #US500. Which scenario do you think is more likely to happen? and Why? 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good Luck!. All Strategies Are Good; If Managed Properly! ~Rich
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📊 After successfully rebounding from the previous major low at 4340.0, the US500 has displayed an overall bullish trend over the past few days. However, it currently faces a formidable resistance level, which suggests that bearish pressure could emerge in the near future. 📉 ...
dxy tested trend line and can't break trend line i think now rise to test supply zone and resistance if can't break resistance can drop to bottom of trend line and if can break we can get another drop to support zone drop after pullback to trendline or resistance
Potentiel dollar make Wave B Usually 61.80 78.60%
Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. Here is a detailed update top-down analysis for US500 . Which scenario do you think is more likely to happen? and Why? Always follow your trading plan regarding entry, risk management, and trade management. Good Luck!. All Strategies Are Good; If Managed Properly! ~Rich
Seeing a small retracement back down on DXY, after some bullish performance last week. If the index continues to trade above that short-term tentative upside support line, drawn from the low of February 2nd. More buyers may join on a break above the current highest point of February, at around 104.61. Disclaimer: easyMarkets Account on TradingView allows you to...
Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. Here is a detailed update top-down analysis for US500 . Which scenario do you think is more likely to happen? and Why? Always follow your trading plan regarding entry, risk management, and trade management. Good Luck!. All Strategies Are Good; If Managed Properly! ~Rich
there are a few paths we could take between fib with r1 and fib with pivot. rainbow is confirming progression toward resistance in the dollar. dxy down means in this case broader markes indices futures up and crypto large cap (btcusd bitstamp) up. as btc rebounds expect it to go to close sideways with alts up after it attains same high.
COT: Dollar has weakened significantly since mid NOV-22 Driven by institutional selling of long contracts since begin Q4-22 Assisted by accumulation of short contracts sinds JAN-23 Outlook for Q1-23 remains sideways to down Next downside level is 99.60 FOMC & NFP: Before another drop below 100 big figure a retrace is likely 103+ will likely be...
DXY D1 - For the last 2/3 weeks we haven't seen an awful amount of movement from the dollar and many other pairs that have yet to cause or given a definitive breakout to show currency bias/direction. I think this week will mostly be keeping an eye on the introduction of volume, headlines and everything else to follow which may give us an indication of what we...
✅DOLLAR INDEX is going down now But a strong support level is ahead Thus I am expecting a rebound And a move up towards the target LONG🚀 ✅Like and subscribe to never miss a new idea!✅
The Fed had on Wednesday had hiked the upper target for fed funds to 4.0%, its highest since the Great Financial Crisis, while Chair Jerome Powell had said that interest rates will have to go higher than previously thought, even if the size of individual hikes from now on is likely to be smaller than the 75 basis points seen at the last four meetings. If we can...
Hello everyone, After todays FOMC meeting which saw an increase to the Fed Funds rate by 75bps, the hint for Fed's Powell continued inflation pressures yet to be resolved are clear. The hint for "Fed Pivot" was not, with clear emphasis that hikes should continue. Technically, on the Weekly TF, DJI is facing strong resistance at 0.786 fib level as well as top of...
Hy team hope you all are enjoying our ideas and analysis. Now we are here to discuss about USOIL. USOIL is exactly Moving according our analysis. As we discussed in our previous prediction that it will drop to price level 65. This is exactly on the way to our main target. As this is weekly chart we can see small Retesting during this. Keep in touch we will update...