Good Afternoon Trader. Technical Analysis 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...
Trend: Downtrend Key Level: 92.000 Entry signal: Waiting for price to break and retest levels of resistance to take buys up to 92.000 key level
Trend: Downtrend Key Levels: 92.000 and 90.000 Entry Signal: Waiting to see price react at key levels
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...
Trend: Downtrend Key Level: 92.000 Entry Signal: Waiting for price to pullback to key level, show a reaction and a bearish price action signal
US dollar - Multi-year bear market or another dead cat bounce? DXY is testing the lows of a 9-year channel once again since Feb 2018. Considering FED QE Program, overall economical settlement, trade war with the world's new emerging power (China) and political situation in the US, dollar might be on a verge of a free fall and multi-year bear market. Personal...
Trade update for a short sell recommendation on the DXY (U.S Dollar Index) The Dollar is structurally weaker across the markets based on the following fundamentals. 1.) Lower interest rates in the U.S no longer makes the U.S Dollar an attractive high yielding currency. 2.) Negative $1trillion current account balance. 3.) $2 Trillion Fiscal stimulus package in...
USD index (Weekly chart)- Bullish RSI divergence.
In this special idea I will breakdown everything the US Dollar has done and what it is about to do. Do you need proof? I have proof. If you don't have proof you're guessing. Don't guess when it comes to the markets, know exactly what is happening or get out. I have linked the previous few ideas below that are related to the US Dollar. Please LIKE and ...
We are currently analyzing a possible inverted head and shoulder which shows a reversal chart pattern that the previous downtrend might has ended and the the former uptrend may resume. We expect a retracement to the neckline and a candlestick confirmation to trigger the buy order. Target is as shown on the chart and the ideal stop loss should be set below the...
After a bullish start to the week the US Dollar Index has taken a bearish turn, with price now re-entering the region below the psychological level of 93.00. On the 4H chart we can see that although price broke and closed above the 50 EMA, it failed to do so on the 100 EMA. It is now about to enter a zone of support where price has bounced from previously,...
The triangle preceded the 5th Wave. After the end of the wave 5 , the rapid correction in the opposite direction began. Next week we expect more upside, after correction in to the potential reversal region marked on the chart
Looks like it will break down forming the right hand of the M
In this video I go through the key differences between the recent price action in the US Dollar and how it compares to the EURO. Below I have linked the EURO idea so you can compare and see the differences. Everything is easier in hind sight but the AriasWave methodology allows you to still profit from these moves. Please LIKE and FOLLOW to get...
I thought I would show you my view on what the US dollar is doing in relation to the start of this C Wave. The leading diagonal appears differently here with alternation between waves ii and iv displayed perfectly. Waves i and v are similar in length which adds to the supporting evidence that this is what we are seeing. For Wave 2 we are still in Red Wave C and...
The multi-timeframe analysis for DXY shows the short term bounce towards 98.80 before heading lower towards 92. Following is the step by step break down of the analysis from higher to lower TF's: MONTHLY: (1) Bearish due to bounce from the long term down trendline acting as resistance. (2) The bearish divergence comes in play between the leg 3 & leg 5 of the...