The Dollar Index is currently fluctuating within a range, and the latest rise has been stronger than the fall. As a result, I foresee another increase, aiming for at least the previous high.
Hey Traders, In tomorrow's trading session, our attention is on USDCHF as we identify a potential selling opportunity around the 0.86700 zone. USDCHF is currently trading in a downtrend and is in the midst of a correction phase, making the 0.86700 level a crucial area of interest. As traders, it's essential to carefully analyze the price action in the vicinity of...
Hi guys, this is my overview for EURGBP, feel free to check it and write your feedback in comments👊 Some days ago price entered to flat, where in a short time it fell to support level, which coincided with support area. After this, GBP made strong upward impulse to resistance area, thereby exiting from flat and later it turned around. Price started to decline...
We are expecting a lot of important fundamental news next week. Here is your trading plan for GBPUSD. The market is currently trading within a wide horizontal range on a daily. Depending on the reaction of the price to its boundaries, I see 2 potential scenarios. If the price breaks and closes above the resistance of the range, we can anticipate a bullish...
This is my Weekly analysis on EURUSD for 29-2 Feb 2024 W5 based on Smart Money Concept (SMC) which includes the following Time Frames: Weekly Daily 4H Economic Events Weekly Chart Analysis 1. Swing Bearish Internal Bearish Reached Swing EQ INT Extreme 2. After the iBOS we expected pullback, price tapped into Liq on the lift and a...
Hello fellow traders , my regular and new friends! Welcome and thanks for dropping by my post. Since USD is still in that range, just playing along with it using your mean reverting or swing trade strategies on USD majors such as EU or GU.. No trending move so far...it is what it is...just adapt :) Do check out my stream video for the week to have more...
Tether is the biggest Ponzi scheme in the history of crypto and is becoming increasingly more unstable every day. USDT is subject to many factors, such as the rising and falling value of the dollar and the constant increase of Tether into Infinium to manipulate the price of other cryptocurrencies that are solely reliant upon USDT for purchase. I do believe that...
Hey Traders, in the coning week we are monitoring NZDUSD for a buying opportunity around 0.60600 zone, NZDUSD was trading in a downtrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 0.60600 support and resistance zone. Trade safe, Joe.
Hi folks today I'm prepared for you British Pound analytics. A few moments ago price rebounded from the support level, which coincided with the support zone and rose to 1.2735 points, but then it turned around and made impulse down to 1.2500 points, thereby breaking the 1.2600 level. After this, the price in short time rose back to this level and also broke it,...
Dollar Index keeps consolidating. The market is stuck within a narrow range on a daily. It feels like the market participants are waiting for the FED interest rate decision next week. Pay attention to the boundaries of the range. Its bullish breakout will be a strong bullish confirmation. A bullish continuation will be anticipated at least to 104.15 level...
Just reviewing where I spotted moves this week. Where I missed and anticipating what might happen next week.
Hey Traders, in the coming week we are monitoring DXY for a selling opportunity around 103.600 zone, DXY was trading in an uptrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 103.600 support and resistance area.
In the upcoming week's trading session, our focus is on USDJPY as we anticipate a selling opportunity around the 149.800 zone. USDJPY has recently shifted from an uptrend and is currently undergoing a correction phase, presenting an opportunity as it approaches the 149.800 support and resistance area. As traders, it's important to monitor USDJPY closely as it...
In today's trading session, AUDUSD traders are eyeing a potential buying opportunity around the 0.65700 zone, leveraging the pair's uptrend amidst a correction phase. However, the unfolding fundamental landscape, particularly influenced by the US Core Personal Consumption Expenditure (PCE) Price Index, demands meticulous analysis to navigate market dynamics...
Hi folks today I'm prepared for you Gold analytics. If we look at the chart, we can see how the price not long time ago made an impulse downward from the resistance zone, which coincided with the resistance level to the support level. After this, the price tried to rise, but failed and declined even below the 2020 support level, which coincided with the support...
Hello TradingView Family / Fellow Traders, On Monthly: Left Chart BMY has been hovering inside a range between the 50 support and 70 resistance. Currently BMY is approaching the lower bound of the range, so we will be looking for buy setups on lower timeframes. On Daily: Right Chart 📈 For the bulls to take over, we need a momentum candle close above the...
Hello traders, I want share with you my opinion about Swiss Franc. By observing the chart, we can see that the price started to trades in a downward pennant, where it first rebounded from the resistance line and made a strong downward impulse to the support line, thereby breaking 0.8720 and 0.8490 levels. But after this, CHF at once rebounded from the support line...
We got a excellent sell entry last time we looked at the USDDKK pair (October 04 2023, see chart below), as we got the long-term market top: At the moment the pair is ranging within the 1D MA50 (blue trend-line) and the 1D MA200 (orange trend-line) while testing today the Lower Highs trend-line. That is the trend-line of the Bearish Leg that started after the...