Hi guys,
DXY braked out the ascending channel on 4H time frame and start to a correction. We want to buy it on 103.2-103.5 level to a bigger increasing movement than previous until 107-108.
So be hold to reach position point.
It moves in a big channel on weekly timeframe.
We show you Entry point, TP & SL on chart.
We glad to see your comment below.
Be successes
Hi guys,
It seems that ascending channel on #EURUSD is breaking and we expect a C wave until 1.03 level. But before that it will probably go up until this channel (1.1level) and decrease until 1.065 after that 1.055 and finally 1.03-1.025.
Share your opinion below.
Hi traders,
We are watching a powerful ascending correction on usd-index or Dxy. So we will careful about CPI news this week and we could buy USD on 100.5-100 with the SL below the lowest price pf this week (2nd week of Jan2024) and our first target is 103-104. but main target is 108-109.
We glad to see your opinion below this analysis.
Be success.
Hello fellow traders , my regular and new friends!
Welcome and thanks for dropping by my post.
USD did broke up its downtrend line on higher timeframe and now still continue doing so. likely more upside to come. could be heading for 105 and 106.
Do check out my stream video for the week to have more explanation in place.
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ello fellow traders , my regular and new friends!
Welcome and thanks for dropping by my post.
Usd did what it should be last week to hold and break higher.
After a week of pullback is it on track to go down again?no crystal ball here..but will watch the price action and the avalanche of high impact news coming this coming wee!
Do check out my stream video for...
A potential swing trade short has presented itself on the daily chart.
DXY failed to closed above 103 and formed an inverted hammer on the daily chart, and its upper wick met resistance at the 38.2% Fibonacci level. Daily trading volumes also declined whilst prices rose gradually, against the prior (and more aggressive) leg lower. This suggest the -day rise is...
Hello fellow traders , my regular and new friends!
Welcome and thanks for dropping by my post.
USD broke lower from its recent range last week, hitting a potential demand zone at 102.50 with doji on daily. expecting some pullback before resumption of downtrend...
Do check out my stream video for the week to have more explanation in place.
Do Like and Boost if...
Last week was relatively quiet for TVC:DXY , with the price fluctuating within the support and resistance range. However, as detailed in a previous analysis, the odds favor a downward break.
The index began the week poorly and is currently trading near confluence support once again. A break at this level, given the prolonged consolidation, is likely to...
Since the beginning of the year, the USD Index has risen 5% from its lowest point to its peak. However, trading USD pairs has proven to be quite challenging due to the choppy price action and significant volatility between support and resistance levels.
Upon analyzing the chart, the upward movement appears staggered and resembles a rising wedge pattern. This...
DXY is respecting bullish FVGs, at least in the near term. I'll be looking for:
Sell setups in EURUSD, GBPUSD, NZDUSD, AUDUSD.
Buy setups in USDCAD, USDCHF.
USD Index is in an interesting position, and could go either way. Let the market tip it's hand on Monday, and then trade USD pairs!
Check out my analysis and leave me a comment and/or feedback. I appreciate hearing from my viewers.
May profits be upon you.
Yes, I did call for bearishness in the Weekly Outlook. And yes, the USD has moved bullishly since Tuesday. However, I did state that price would move up into the fair value gap, and from there, the bears would take over.
Remember, I described an External to an Internal RUn on LQ. Price has moved from Discount to Premium prices. Currently, price is positioned...
May profits be upon you.
DXY is now consolidating in between a bullish FVG and an bearish FVG.
But it has been bearish, with downward momentum.
I suspect it will continue this way, as price has found INTERNAL LQ in the bearish FVG, and is now seeking the EXTERNAL LQ at the lows.
I believe the low at 100.320 is the DOL (Draw On Liquidity).
Leave a comment, as I...
HELLO TRADERS
Hope everyone is doing great a look at the calm before some Volatility in the form of some 🛑 folders from today
DXY 1H CHART
* The DXY has been range bound since the beginning of the week ahead of CPI & GDP among other releases.
* Typical price action ahead of Big news realeases.
* The US CPI might just provide that needed catalyst for some...
Hi guys,
After the break ascending H1 channel today (close below 2056) on #XAUUSD, we could with a better confidence say C wave was started. But we have this week 1st #Nonfarm news and based on astrogical cycles, we predict that gold could rise from 5th January (Friday) until 10-11 January.
So if the news will bad for dollar that time we would buy it until next...
Hello fellow traders , my regular and new friends!
Welcome and thanks for dropping by my post.
On a yearly basis USD has been in a wide range as you can see highlighted in daily chart. Right now either this is a correction to head down to 101, OR push back up to 106.
Slightly bias for it to head down though
Do Like and Boost if you have learnt something and...
HELLO TRADERS!!!
As we can see DXY has reached @ strong support zone and we are looking for retrace for testing last broken resistance area so i am expecting this support will create a short term buying opportunity so we will see these following TPs will hit our targets its just an a trade idea kindly share ur views and analysis it will help alote of new traders...
Hello fellow traders , my regular and new friends!
Welcome and thanks for dropping by my post.
The USD as we can see breached the recent Support and pullback on thurs.
Technically still on a downside rejecting the down channel. Unless it broke up, if not more downside for USD in coming days.
Do Like and Boost if you have learnt something and enjoyed the content,...
![DXY: [Updates] USD upcoming moves](https://s3.tradingview.com/t/Teu8XdIn_mid.png "[Updates] USD upcoming moves")
