The Might US Dollar Index aka the DIXIE, has reversed off the 107 resistance in what could possibly be a double top. Odd's are for a retest to the back of the recent rectangular range at 105.50. Should 105.50 break we could move to the measured target of 104.00. 200 day is at 103.55 and rising daily and we could potentially be headed for a retest should the risk...
CKB currency in a grouping stage in order to climb for new areas
GBPCHF broke out 1.105 on Friday. It has been stuck in a range for almost a year now. In the current environment, CHF is the best safe haven play. Technically, 105.50 would be the target but 106.50 seems more prudent.
The crypto market is abuzz with a significant phenomenon - the shrinking of the total market capitalization, excluding Bitcoin (BTC). Contrary to what one might expect, this contraction often precedes a major pump in the world of cryptocurrencies, signifying the potential for exciting price movements. 🌌💥 Unpacking the Market Cap Contraction Market cap...
Feels like we have a good example of stop hunt and imbalance on GBPJPY. The market is consolidating within a horizontal range on a daily. We saw a breakout attempt of its support in the morning and the market was even trading beyond that for some time. However, then we see a formation of a bullish engulfing candle - the imbalance. It makes me think that this...
NZDUSD is trading in a long term bearish trend. After a consolidating within a wide horizontal range on a daily, the price violated its support. We see a positive bearish reaction to that after its retest. I believe that the pair will go lower. Next support: 0.576 ❤️Please, support my work with like, thank you!❤️
Dollar Index is trading within a horizontal trading range on a daily. The price tested the resistance of the range yesterday and formed a doji candle on that. As an extra bearish confirmation, I spotted a double top formation on an hourly time frame. I think that the Index will most likely retrace from the underlined red resistance. Targets: 106.35 /...
I have perfectly predicted an intraday bearish movement after a breakout yesterday. Analyzing a 4H time frame, we can spot an intraday consolidation now and a formation of a horizontal range. The next bearish wave will be confirmed after a breakout of the support of the range. 4H candle close below 0.5808 will confirm a violation. A bearish continuation will...
The chart doesn't need much explaining. The stock is trying to reverse off the bottom of the 1-year channel while forming some divergence on the RSI. A move above todays high should hopefully see this gain some momentum, with a short term move to R119 possible. Larger target would be for this to trade back to the top of its channel over the last year at R144....
WTI Crude Oil is trading within a wide horizontal range on a 4h time frame. The price is currently testing a support of the range. To buy the market with a confirmation, watch a tiny double bottom formation. If the price breaks and closes above its neckline - 86.26, a bullish movement will be expected to 86.78 / 87.61 ❤️Please, support my work with like,...
EURJPY broke a solid horizontal resistance. Retesting the broken structure, the price formed a tiny horizontal range on a 4h time frame. Its resistance breakout is an important sign of strength of the buyers. A bullish movement is expected to 159.4 / 159.7 levels now. ❤️Please, support my work with like, thank you!❤️
The furnace of masculine and powerful targets has heated up again It is not a joke or an irrational illusion As far as I can remember, gold was moving in this range from 1885 to 1700... But it is not going to remain in this condition forever. In short, one day this suffering will be broken and what better time than during the war. And what war is better than...
Sprott Physical Uranium Trust - $SRUFF Chart Really Speaks for itself A nice ascending triangle with ideal entry opportunities for the patient. Will follow up if we trigger and ideal entry PUKA
Hi, according to my analysis. CVE stock. There is a very good buying opportunity as the stock has broken the downward trend. It also breached the sideways channel and the resistance at level 24. good luck for everbody
ETH/BTC has been trending downwards for over a year, and has now reached key support levels. Watch closely for a possible reversal within the zone, and act accordingly. Fib Grid : //Durbtrade
CHFJPY reached a solid horizontal daily support. After its test, the pair started to consolidate on an hourly time frame within a narrow horizontal range. The support of the range was broken then. It is an important sign of strength of the sellers and it signifies a highly probable pullback. Target - 165.63 ❤️Please, support my work with like, thank you!❤️
EURAUD is trading within a horizontal range on an hourly time frame. The price has recently reached a support of the range. I anticipate a bullish movement from that to the resistance of the range. ❤️Please, support my work with like, thank you!❤️
Weekly chart of DXY. Rectangle break out and retest at 105.60. Immediate target at 110. Geopolitical risk and pick up in inflation should favour DXY longs.