FX:GBPJPY is testing trend support, but buyers are keeping the price away from risk zones. The currency pair is returning to the bullish zone relative to 193.5, which generally opens up the market to 195.0-197.0 upside potential On W1, the currency pair after a false breakdown of global resistance is moving back to 195.844, which generally tells us about the...
Gold reached TP area of 66pips. Sell momentum was clear as Price Action was observed, comment in the section what other pair you would like us to share an idea on. We thank you for your continued support of our profile we wouldn't be doing this if it wasn't for you trader, don't forget to share and like so it can help with the algorithm for others to see, that way...
#dollar_index #Update According to the previous analysis, the second scenario that was mentioned can be completed in the area of 107 to 109 movement units... But according to the structure, I found it necessary to do this update, because according to the type of movement behavior, we should see a movement towards the ceiling. 1- This movement wave can at least...
Buying AUDUSD at demand, slightly late entry, should have entered last night. Looking for price to make it to the supply above.
Bias is Bearish. After breaking the low, price pulled back to internal LQ at the -FVG. Reaching the CE, price was rejected and closed Fri within the range of the previous candle. The expectation is for price to continue lower, seeking external LQ at the Thurs low and potentially the swing low. Thank you for viewing! Leave any questions or comments in the...
4-hour time frame dollar index analysis I expect correction of gold and currency pairs against the dollar.
www.tradingview.com 📈 Focus on XAUUSD! 🚀 On the H4 chart, XAUUSD has tested the significant 2370 resistance, which aligns with the golden Fibonacci ratio. Technically the market is still bullish. 🔼 If the price breaks above the 2370 resistance, the next target is 2395. 🔽 If a correction happens, the price might drop to 2330 and the 38.3 Fibonacci level.
#HIFIUSDT (UPDATE) Hey dear members hope you all are enjoying our ideas and analysis. Now we are here to discuss about HIFI HIFI is making the falling wedge pattern. Almost ready for breakout we can see gain here upto 80%+ soon
I'm bearish on DXY dollar down to 104.080 (previous 2 week candle low) I view the current move up in price as a potential opportunity to short DXY. Intermediate timeframe (h8) is delivering bullish (closing above the highs of down close candles). In this scenario, I watch for entries above fractal h8 swing highs, or if there is a bearish h8 cisd, enter on...
I am expecting to see dxy to 1.12 sooner than y'all think. We watched china get jacked up by DEFLATION and I think it is coming home soon. Penny meme stocks are going wild! End of a cycle indication to me. I have some buy orders on them beyond 70% down. After the last dump, whatever survives I believe will make you rich!! Benner cycle! Take profits while you have...
FX:NZDUSD is entering the consolidation phase after breaking the local trend resistance. On D1 the price enters a new range and on H1 a golden cross is formed. The dollar is standing still and losing positions since the opening of the session on the background of negative news. This is generally favorable for the currency pair. In this case, a retest of the...
UPDATE: Sell order have been filled Price Action have been validated. Don't overleverage your account, take this trade idea on demo account. Practice makes perfect. Don't forget to FOLLOW SHARE LIKE for others to see as well. Click on the profile for our socials. Happy trading OANDA:XAUUSD FOREXCOM:XAUUSD TVC:DXY
dxy will pumb to 110. sell EURUSD for long term invesment.
Triangle formation is now apparent for the dollar index (H1 Timeframe). A breakout to the upside might trigger an upward movement towards the 105. A breakout to the downside might trigger an downward movement towards the 104.4 or even at 104.10. Fundamentals: Possible high interest rate differential in the future that could cause the dollar to gain strength...
After the Gold bullish rally, we find ourselves in a bearish pressure. Price Action is observed, this is only a trade idea. Use proper risk management. Happy Trading OANDA:XAUUSD FOREXCOM:XAUUSD TVC:DXY
Expectations for the US Dollar Market from May to August 2024 May to Early July 2024: The US dollar is anticipated to remain strong, with the market reaching a high of 108.459 by July 1, 2024. First Three Days of July 2024: After peaking, the dollar is expected to decline, potentially dropping to 105.785 by July 25, 2024. Stay updated with our forecasts to...
Our bias is for the US dollar index to rise to 105 over the near-term. The daily chart respected trend support from the December low, and the 4-hour chart shows a small ascending triangle which implies a break above resistance. Out of the FX majors, USD/CHF looks ready to break above resistance and lead the dollar broadly higher. Bears could also consider a short...
The GBP/USD pair on the M30 timeframe presents a potential shorting opportunity due to a recent breakout from a wedge pattern. Possible Short Trade : Entry: Consider entering a short position (selling GBP/USD) below the broken support trendline of the wedge after confirmation. Ideally, this would be around 1.2720 or lower if the price continues to...