From the previous Analysis with the Dixie, if we do see the USD index break above 119, the next target will be to all time highs. You take the difference between the high and the low of the Enormous W formation and add it to the highs. This will not be good for other currencies. Something big is brewing in the pipeline and it's about to explode! Target 2 - 166
My forecast on DXY is now complete. Please see link below for original idea If you like my ideas, please leave a like or comment below for more updates.
Welcome back to another video, today's video is about analysing the NASDAQ (NAS100) using the monthly, weekly and daily timeframe to understand and see price movements for possible next direction (either downwards or upwards trend). P.S NOT A FINANCIAL ADVISOR... JUST EDUCATIONAL AND LEARNING PURPOSE ONLY...
US dollar bulls have seemingly halted their accension as they wait for the U.S. inflation data that is due this Tuesday. The market is predicting that August's headline CPI may edge lower by 0.1%, further strengthening the case that US inflation has peaked. Even so, it is said that the US dollar has priced in an 85% chance of a 75-basis-points rate hike from...
The USD/JPY is currently at levels last seen in 1988, the second correction in the upcoming bull run is complete, and more dollar strength may be ahead. Although this is a strong resistance level, I think price may break through to levels around 157.78 as a first target. This would represent an equivalent length of the first impulsive wave that started in January...
After the EURUSD reached and broke below parity, an analysis of the situation is in order. Last week, the euro failed to close above 1.0320 and the 50-Day Moving Average, presenting a potential bull trap and setting up the opportunity for short sellers, as illustrated by the orange circle. Although the pair broke below the parity on August 22, a decent...
US Dollar Index Long | Small Risk, Huge Reward | R:R +11.6 Position 1 Entry @ 105.762 Stop Loss: 105.500 Primary Take Profit: 107. 250 Swing Take Profit: 108.800 __________ Position 2 Entry @ 105.710 Stop Loss @ 105.080 Primary Take Profit: 107. 250 Swing Take Profit: 108.800 ___________ Use the Risk-to-Reward Visual Trade Levels For Risk...
DXY is on support now after last week correction and has chance to goes high again. The upper line of broken wedge is supported price and will push it to high again. Fed decision will be very important and huge move will happen after press conference. But, until that time, I think bet bullish move is more logical . Trade safe guys. Good luck.
It's a long shot, however I do see a bullish trend for the usdollar..Tp for the buy would be the line, swing trade
Analysis DXY has been in correction since 15, Jun when another higher high was created on daily. It remains highly bullish on weekly being overbought, and with RSI above 51 on daily chart. However it showed some selling pressures on lower time frames in the past few days, with price currently just floating slightly above 104.073. From technical perspective, the...
Analysis DXY has turned bearish after getting rejected at 104.5 level on lower time frames, although remain above 54 RSI on daily. Price currently hanging around fib 0.382 since 09, June, which is also a small RBS zone. If not bounced, it can extend the move to lower historical support area 103.536. If current support is respected, price can go back up to...
DOLLAR INDEX MY VIEW- N.B-In this situation DXY chart create ab=cd pattern. So, market fully bullish 100.400 AND 100.850 Resistance Zone.
N.B-In this situation DXY chart create ab=cd pattern. So, Market needs seems to sell correction To Support Zone. Then market fully bullish 100.400 AND 100.850 Resistance Zone. 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...
In this video, I breakdown why the U.S Dollar is bullish against the Japanese Yen and maintaining its strength against the Euro, as the central bank, ' The Federal Reserve", is raising interest rates aggressively in 2022 to deal with high domestic inflation. This is in contrast to the European Central Bank and Bank of Japan, which have pledged to keep interest...
In this situation DXY chart create Symetric Tryangle Megaphone Apex. So,If break out 99.00 risistance Zone then market goes to 99.200 & 99.400. If breakout 98.400 support zone then market goes to 98.00 support zone.
Today let's take a look at something I've uncovered regarding top bitcoin hodl'ers, price suppression, and ...is this a bullish indicator for bitcoin and cryptocurrency as a whole? TradingView Peeps. House rules state that I cannot provide any links in this description. In fact, I cannot even hint at where you may be able to find them. So... I don't know?
Key SR Levels marked out. Over 103 the next major target is 120 (not seen since 2002).
In this video: (0:00-3:00) Recap news: Ukraine, Russia, Coinbase, Crypto Illiquidity (3:01-4:25) U.S. Dollar Strengthening (4:26-5:14) VIX up (5:15-5:44) Indexes Down (5:45-6:38) Bitcoin Dominance Rising! (6:39-8:20) Bitcoin Rising but still under significant resistance (8:21-12:56) Is Russia setting crypto up for success? Could they be planning to subvert the...