The Dollar, finally after the release of the NPF last Friday seems to be starting to breathe today after the last sessions in which the price has fallen inexorably. We can also see that EUR/USD today started the session with the USD in recovery, link in the description. As for this chart, we can technically analyze that the price has been in a rising trend for...
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...
"The US dollar index extended its upward momentum to, close to levels not seen since the end of March benefiting from a safe-haven bid on fears that a surge in infections of the Delta variant could derail the global recovery and a batch of mixed economic data.
Retail sales in the US declined more than forecast in July, with the core index also posting an...
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...
DXY chart create Dubble Top pattern. So, when market breakout 90.200 RISISTANCE zone.
Then the market and go up to 90.431 and 90.850 risistance zone.
If breakout 89.788 support level then dollar index buy case invalid.And down to 88.937 level.
Hello Traders, here is the full analysis for this pair,
let me know in the comment section below if you have any...
A cheaper dollar could increase the profits of the US economy, the majority of which are making profits in non-USD. Which is likely to have a positive effect on stocks and yields in the long term and in the coming years - but not this year 2021 (or even this summer). However, I am no longer optimistic for the US dollar and the US stock market, as well as for a...
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.
An absolute monster bearish setup is underway for the TVC:DXY . Inflation is coming!
Is this the crisis that initiates the inevitable switch to digital currency?
Everything shared here is my own opinion and no results are guaranteed. Good luck!
dxy still can drop another leg in short term trades , but i don't think it will continue to much lower levels in 2021.
when the equity markets goes for correction (up %40 can be expected) , DXY can spike up over 100 again.
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...