✅DXY is approaching a demand level of 102.800 So according to our strategy We will be looking for the signs of the reversal in the trend To jump onto the bullish bandwagon just on time to get the best Risk reward ratio for us LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Reason for Trade is Elliot wave and reversal breakout Strategy Entry and target already given in the chart and stoploss as per your risk management Guys Please like and follows to my ideas in order to give free premium calls Thank You
DOLLAR_INDX, H4 7 March 2024 The Dollar Index has descended to its lowest point in a month, currently trading below 103.50 levels. The dollar faced significant downward pressure primarily due to the dovish stance communicated in Powell's testimony that began yesterday. Powell indicated an expectation that the U.S. central bank will initiate rate cuts this year....
DOLLAR_INDX, H4 6 March 2024 The Dollar Index faced downward pressure, currently slipping below 103.85. Investors seem to be swayed by recent lacklustre economic data from the United States, indicating a potential slowdown in economic growth. This sentiment prevails despite expectations of relatively hawkish testimony from Federal Reserve Chair Jerome Powell...
Nasdaq index analysis in 4 hours time frame After losing the 4-hour support, the Nasdaq is now trying to break to the bottom to complete the second leg of its decline and fall to the bottom of the 4-hour channel.
Guys pls keep this pairs in to your watchlist dont jump in to the trade immediately since market is very volatile and you will hit the stop loss and one more reason this pairr didn't take the proper pullback pls be cautious. Thats the reason I have not given your entry andd stoploss once I get some more data I wil update the same. Guys Please like and follows...
DOLLAR_INDX, H4 The Dollar Index faced a decline last Friday as the market's risk sentiment underwent a shift. Discouraging ISM manufacturing PMI readings weighed on the dollar, prompting investors to sell the currency and turn their attention to riskier assets. Throughout the upcoming week, several members of the Federal Reserve are scheduled to deliver...
Hello,Traders! DXY is about to retest The rising support line From where I would be Expecting a bullish rebound And a local move up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
✅DXY is trading along the rising support And as the index will soon retest it I am expecting the price to go up To retest the supply levels above around 104.046 LONG🚀 ✅Like and subscribe to never miss a new idea!✅
The US NAS 100 has shown strong upside potential in a channel-like pattern on the daily chart. We expect it to smoothly rise towards the top of the channel and after reaching the channel roof, experience a slight downtrend towards the bottom of the channel. 📈📉
Hello,Traders! VIX fell down sharply And is down by almost 20% From the recent major high So the index is clearly oversold Therefore, we will be expecting A local bullish correction From the rising support below Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
DAX is approaching the 16 month HH Zone while being vastly overbought on the 1D timeframe (RSI = 76.873, MACD = 201.900, ADX = 41.880). The 1D CCI shows that we may be entering a period of volatility similar to what followed after the May 19th 2023 High, which initially resulted into a -6.42% correction. Based on that, our bearish target is near the S1 level (TP =...
Nasdaq is forming a new HH at the top of the 1 year Channel Up with the 1W timeframe overbought technically (RSI = 70.596, MACD = 766.660, ADX = 46.154) and the RSI in particular under LH and inside the red Resistance Zone. This is a bearish signal, validation would come upon a 1D MA50 bearish crossing. Our target is the 1D MA100 (TP = 16,850). ## If you like...
Eicher Motors is around the medium term support !! Stock has never broken support working from 2020 Log Chart support is working beautifully and has support around 3500-3600 On a Linear Chart stock has made 2 support and recently short term support working Linear chart support is around 3480-3520 !! Stock is Goof until support is intact !! Thanks !!...
ℹ️ In the previous week, I anticipated a greater retracement in the dollar index, but it retraced less and is now poised for another upward move. The targets for this upward movement could be 104.976 and 105.360 . 🐂🆙
DXY Head and Shoulder Pattern 4H Possible formation of a head and shoulders pattern on the 4H timeframe. Pattern is a reversal pattern, could possibly break the 4H trendline to continue the daily timeframe downtrend. Would be looking for shorts from the 50% to 61.8% Fib levels. Further confluence is the RSI showing now entering overbought levels on the 4H...
Following a contracting triangle breakout today, NIFTY zoomed up with a fair amount of pull backs which denote more than just a regular retracement. Over a larger time frame, one can observe NIFTY ultimately forming lower highs since it made the last all time high. Today, near the closing bell NIFTY made a double top and slipped down from what one would consider a...
Outlook for DJI on 3-day chart. Lower-degree wave (4) has already been completed and the final wave (5) has started. I think wave (5) will be completed soon, and upper-degree wave (b) will also be completed. The next phase is upper-degree wave (c). It will probably crash.