Hi All, my main 3 take-outs from this analysis are the following: 1- In the weekly chart - so long term view - the US$ is possibly going to re-test the 110 area (at least!). In fact, in that area we have a strong uptrend line (in red) which will possibly act as support 2- The cross came out from a descending channel which lasted since the end of 2016, and this...
Hi All, my main 3 take-outs from this analysis are the following: 1- The cross is just re-testing the static support at 1.3360, which also recalls the neckline of a wide reverse head & shoulder, which is visible in the daily chart. 2- The cross is rebouncing on the 61.8 fibonacci level of the uptrend leg that started on Sep 2020 from the 1.27 level, and this...
Hey Traders, wish a happy weekend for y'all! i would love to recommend you to take in consideration the USD INDEX analysis in the beginning of every week at least if not everyday. That will help you to trade USD pairs more professional and will help you to spot the direction of USD pairs too. in the coming week expect a pullback for the dollar index around 95.9...
Although US Dollar Index is in the uptrend and price is bouncing on the ascending trend line, price is facing a strong bearish pressure and has started to retrace the previous uptrend. Currently, price is dropping sharply and I expect a fall to 95.520, which is also the 38% level of Fibo. If today’s Daily candle closes below the yesterday’s candle and engulfs...
It seems that the USD Dollar Index can rise to the range of 106.430 to 106.970
Hey Traders, hope you had a great Weekend. it's time now to start a fresh week, i would love to recommend you to take in consideration the USD INDEX analysis in the beginning of every week at least if not everyday. That will help you to trade USD pairs more professional and will help you to spot the direction of USD pairs too. in this week we will be focusing on...
USD Index Nearly Its Correctio Level, Let the marker correct first, then we can carry buy the USD against all other major currencies except safe-haven assets again. As an investor and trader, you should buy at a low price and close at a higher price if you can't win at buying and must not make a profit at selling. From the present condition, 95/95.30 is...
The U.S. Dollar Index has made a Triple Top just over 94.260. Currently the 4H MA200 (orange trend-line) is giving a short-term bounce but the true Support is the 1D MA50 (red trend-line), which already held once on October 28. Based on the long-term Bullish Megaphone though, the downside target of a Higher Low is the 0.786 Fibonacci retracement level and that is...
red falling wedge has been completed. Price can go up to around 94,7. there it should turn around. But there will be NFP and unemployment news in a few minutes, so I closed my EU shorts and now I'm waiting. I expect that USD index should fall and EURUSD should start to rise. Wait for the news, to show where price will go next. Good luck.
Hello guys Are you ready for this week ?? In here , this idex is between these 2 R & S zone that shown on chart But we have a key in chart ( key : the point of change trend ) , And now at this time the trend of idex is downward and we need best zone and area to take short position and sell At first when the price is coming to our sell zone area then take...
Right now 93.6 should be flip zone for USD.... >>>>>>>>>>>>>>>> Hello there! If you like my analysis and it helped you ,do give me a thumbs ups on tradingview! 🙏 And if you would like to show further support for me, you can gift me some coins on tradingview! 😁 Thank you! Disclaimers: The analysis shared through this channel are purely for educational and...
The dollar index is approaching a resistance. At the same time, divergences can be seen in the indicators. In case of reacting to this resistance, this index can initially drop to around 93.5 and if it breaks its white support line, it may fall to 92. But if this resistance is broken by the good news, this analysis will be rejected. Technically, there is a high...
Either break to test 94.70-80 as R OR break lower to retest 93.70-80 area. >>>>>>>>>>>>>>>> Hello there! If you like my analysis and it helped you ,do give me a thumbs ups on tradingview! 🙏 And if you would like to show further support for me, you can gift me some coins on tradingview! 😁 Thank you! Disclaimers: The analysis shared through this channel are...
DOW on the daily chart is trading over a daily support. The price has tested the level a few times and turned at the 0.618 Fibonacci for the last retracement. According to Plancton's strategy if the market will break below we will set a nice short order. ––––– Follow the Shrimp 🦐 Keep in mind. • 🟣 Purple structure -> Monthly structure. • 🔴 Red structure ->...
EURUSD probably forming a triangle pattern as current price might be trending down toward wave C (Red Circled) of the triangle where price could reach at around 1.11000
A bit of guessing need to take place here...but in general i do think USD is still gonna move up higher..need more info.. Hello there! If you like my analysis and it helped you ,do give me a thumbs ups on tradingview! 🙏 And if you would like to show further support for me, you can gift me some coins on tradingview! 😁 Thank you! Disclaimers: The analysis...
Fall of the Greenback against the Swiss Franc. A long-term projection?