This week DXY chart Hopefully Create ab=cd pattern. So, that If breakout 95.858 support zone then market goes to 95.300 & 94.00 support level. If break 96.300 resistance level then market seems buy to 96.888 resistance level.
Just as previous stated in the previous analysis: -I was expecting price to make make a bullish retracement and test the former neckline/area of support. -Price found some bullish momentum and tested this area which is now acting as resistance. -Also price retraced and is now respecting the 61.8 Fibonacci level. -This also give indication that price is ready to...
This week DXY chart create descending triangle pattern. Now its seems buy to 95.555 resistance level. Then market goes down to 94.500 & 93.800 support 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 signals If you like this...
Hi All, Here is a simpler idea from the earlier post. I'm expecting price to rise in the beginning of the week and reach some key levels marked on the chart. I'll start to enter sells around 114.000 psychological level, once I see price action on this level. Are you bearish on USDJPY? Are you bullish? Let me know your thoughts on the comments...
It is pretty clear from the chart the US Dollar is going to have problems breaking the 8/1 Gann ratio and the 0.618 Fib. The 0.618 Fib has been the most important level for the dollar for the last 30 years , 101 seems like an impossible task to close above with only doing it once in its history in 1999 , by 2003 we feel under and have failed every rally to get...
⚠️ - This idea is based on my technical analysis only. Do your research and trade on your own risk!
US Dollar index at a huge level of resistance so may give a push down to back the other currencies I'm looking at trading, USD index to push down would give EURUSD a nice upside move! Also a weaker US dollar will back my short bias on USDCAD. Anyone that doesn't use these index's as a reference I think should, it gives a good indication of how that currency is preforming.
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,...
HELLO TRADERS - Well last night closing was scary and made everyone thinking that USD is going for more pump. - After studying hours again all possible CHART (DXY & USDOLLAR) I am finally again sticking to my plan which was looking USDOLLAR BEARISH. - Well one thing to keep in mind that even if USD strong we should not consider this long anymore because the prices...
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...