if dxy can stay below that red resistance probably we can expect dxy going for wave 2 and get a bearish trend for correct at least 50% of his wave 1 that i mention
saty safe and positive in market
if u like may idea follow and smash like plz
DXY chart short term create heat and shoulder pattern. So market down to
93.920 & 93.600 zone. If the market break out 94.500 resistance level then
this case is invalid.
AronnoFX will not accept any liability for loss or damage as a result of
reliance on the information contained within this channel including
data, quotes, charts and buy/sell signals
So... the market was waiting for Powell and got the so called "Nothing Burger".
1️⃣ Clear progress towards foll employment.
2️⃣ Could be appropriate to begin with tapering this year.
„My view is that the „substantial further progress“ test has been met for inflation. There has also been clear progress toward maximum...
Hey t radomaniacs,
DXY trying to break the trendline 👉
The US-DOLLAR is moving very slowly and is dancing at the 4-H-Trendline after an attempt to break through.
Watch this level carefully as this is the quiet before the storm.🙏
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Wanna see more? Don`t forget...
It appears the usd has some room to run still until it reaches a higher time frame resistance area. I expect a volatile week because of significant event risk. inflation and J Powell is on the docket. In my opinion. To start the week, I expect the dollar to continue to fall towards near term support. The usd is vulnerable under 11850.00,in my opinion, and may...
Dollar index chart break out support zone 92.500 level and retest that zone.
so, now its possible to reach 92.000 ,91.680 .up to 91.450 level.
dear Traders, here is the full analysis for this pair,
let me know in the comment section below if you have any questions,
I suggest you keep this pair on your watch list and see if
the rules of your strategy are satisfied.
Good Afternoon Trader.
When viewed at time frame 4h,U.S.DOLLAR CURRENCY has the potential to bearish up to the demand area , then potentially bounce and continue the rising trend.
please be careful which open price on the pair opposite to the U.S. dollar.be sure to keep up with the latest news on the U.S. economy which has a significant impact...
USDCAD has for the long term been on a bearish decline, however price has struggled more recently to break below an area of support, rejecting this area on two prior occasions. Based on the close of Fridays candle we can see that price seems to be rejecting this area for the third time. Having broke back above an intraday level of resistance on the 1 hour, I would...
Here I apply the same ending diagonal count as the EURUSD, this market has slightly different waves but still the same thing.
The main difference here is the distance left until it reaches the lower channel.
No it becomes even more obvious that the US Dollar is very close to completing the Wave 2 correction since 2009.
The reason for the channel is because I am...