29 NOVEMBER 2021 DOLLAR INDEX MY VIEW- N.B-DXY chart create bearish butterfly pattern. So market seems bullish to 96.440 resistance zone. Then market down to 95.828 and 95.114 support level. If market break out 97.037 resistance level. Then this case is invalid.
AUDUSD looking great for a long setup. Not the best risk:reward ratio on this one, but a great setup. Let's take a look. First, let's start with the AUDUSD chart on the daily timeframe. Price has stayed in this relatively small channel for the past couple of months quite nicely. We've taken a bounce near the bottom, with a strong bullish candle. Furthermore,...
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 If...
DXY currently is in a 'hard-to-tell' situation as I was expecting it to jump to 93.7 which it didn't manage to achieve last week. However it did achieved 93.524 and fell after retest for the second time hitting exactly at 93.524. So my assumption here is that there's big sellers available at this level that managed to push price down. DXY is still in uptrend in...
Hello everyone. After a bearish movement from 93.50 to 91.90, Now DXY corrected to .786% fibo ret and again time to goes down. Fed announcement was not surprising and Powel said we waiting for next move job claim and NFP to start tapering. So, I think DXY will weak until next month data.
As we can see from the chart i have labeled a 5 wave bearish impulse in a form of an ending diagonal, we are currently in a abc corrective structure of which the c has already completed 5 waves which are in conjunction with the left shoulder of the head and shoulder pattern also highlighted. This is more confluence for the EURUSD buy idea i posted yesterday.
DXY chart Hopefully create bearish butterfly pattern. Now market impulse wave 93.050 to 92.950 support zone. If break out 92.900 resistance zone then market goes buy to 93.378 & 93.500 zone. If the market break out 92.600 resistance level then then market goes to 93.800 resistance zone. If breakout 92.800 support zone then this case is invalid.
DXY chart create bullish butterfly pattern. The market goes little Up to 92.816 resistance zone then huge fall to 92.316 & 91.886 support zone. If the market break out 93.250 resistance level then then market moves up.
Hey t radomaniacs, DXY trying to break the trendline 👉 snapshot 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 Irasor Wanna see more? Don`t forget...
Finally DXY broke the rising wedge and its time to short. I think FOMC today will be neutral and DXY will weak soon.
Hello Traders, Model eyes the targets defined on the chart. The model tries to identify pressure points in any given market. The pressure points themselves identify the breadth and strength of the move to come. It exists in all time frames and can be applied to any market. The targets are printed as data is fed into the algorithm. The further away from the...
There's a very much needed correction before US dollar moving higher. A deep one :D DXY is still in decline from monthly chart, and have just met up with its monthly 100MA, from which it struggled a bit (and then surpassed it). Weekly it has a nicely forming W pattern, from which it can move up quite a bit further up, but I feel it's no higher than 94. Daily...
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!
daily on the near oversold, other lower TF RSI are heading to lower than 45. Combined with fundamentals as well as the rising wedge, I consider DXY going down in the coming week if not today. GL (NOTE: I don't trade DXY, only check it for other USD pairs )
Currently in EU Long, Partials have been taken. Executed trade on the 1min and lower. Hit he back of my modified 15min range. Waited for a momentum shift of buyers to come in the market. Started making higher highs and higher lows . This was a Confirmation entry. I Will target higher, Just being mindful we could push down again. % has been made for the day....
Note: I'm not in this trade. Not sure what happens when Powell talks together, but I believe a bit more correction is needed before another jump. GL.
Currently in Eu long. We have currently swept Asian lows, Eu is still in a big sell Range. Liquidity is building up, We could expect asian highs to break, There is a lot of IMB on the higher time frames above.