Dollar Index prices are still in an uptrend. There is a chance that the price will test the 107.14 resistance zone. If the price cannot break through the 107.14 level, it is expected that in the short term there is a chance that the price will go down. Consider selling in the red zone. >>GooD Luck 😊 ❤️ Like and subscribe to never miss a new idea!
Follow up from previous idea.. Possible It's will pull back and do LQ first then pattern will like Double top. After that waiting LTF Reversal Signal. have a chance to go like this picture.
Still Strong Momentum Buy.. Let's wait and see this week what $ will do
In the 4-hour logarithmic chart, the Dollar index has completed a 'head and shoulders' (Tobo) formation and a horizontal resistance breakout. It is currently retesting. If it closes the week like this, there could be a deepening correction in BTC and Altcoins next week. We will follow up. This is not investment advice.
Point Interest is 104.0-104.2 2 ways for this wave will be 5 failed or Not? ....
Refer from my previous post . . now, we need to wait for confirming 103.400 in my focus to 1st BMS
hello everyone, at this point you must wait for DXY to breakout, there is alot of mix up with the fundamentals causing manipulation in market... however, the overall direction of DXY is still bullish... For bearish confirmation the price need to break below 103.4 For bullish confirmation the price need to break above 104.45
Today's focus: USDX Pattern – Continuation (Bullish) Support – 103.65 Resistance – 103.96 Hi, traders; thanks for tuning in for today's update. Today, we are looking at USDX on the daily chart. Today, we are asking if the USDX will set off on a new continuation higher after posting further bullish price action. The worry is if we don't see a close above...
Have a downware trend on USDX's charts so gold may become stronger and we should look for a good price point for long position. Have a order block on 1H , we can enter the position on 50% order block
We may be entering a strong period for the U.S. Dollar. Price charts favor the USD with the Eurocurrency, Canadian Dollars, British Pounds, Aussie $, SIngapore $ and others.
DXY has recently initiated a bullish breakout, departing from the previously formed bearish channel. Following a robust reversal subsequent to the confirmation of bullish signals, the price is exhibiting continued strength. There is a prospect of further upside momentum, with the next targeted objective being the attainment of new swing highs.
Remember, daily patterns are not as reliable as weekly patterns. But this H&S bottom is supported by COT data and could represent the start of a strong trend for the USD in the months ahead.
I'm closely monitoring the oil market, adopting a cautious stance as I await a compelling catalyst to drive oil prices upward. A potential factor on my radar is the increasing involvement of the UK and the US in the tensions between Israel and Palestine. If this geopolitical situation intensifies and draws in Iran to support Palestine, it could contribute to a...
We move past the US CPI and PPI releases and the market has become even more convinced that the Fed’s easing cycle starts in March, with a 25bp cut priced for every meeting from this starting point. Yield curves are steepening (the US 2’s 30s curve is no longer inverted), driven by the short-end where US 2-year Treasury yields fell for six straight days, losing...
Today's focus: USDX Pattern – Minor Support. Support – 102.06 Resistance – 102.52 Hi, and thanks for checking out today's update. Today, we are looking at USDX on the daily chart. Today's video asks if USDX will continue to hold short-term support at 106.06 and make a new move at testing resistance, or is this just descending triangle price action, which in...
Today's focus: USDX Pattern – LH Resistance push Support – 102.45 Resistance – 104.12 - 104.35 Hi, and thanks for checking out today's update. Today, we are looking at USDX on the daily chart. Today's video asks if USDX will continue to remain below resistance and possibly break lower if today's CPI data comes in lower than expected. We are mainly focused on...
USA Dollar Index + Bitcoin Pamp/Dump Cycles. Logarithm. Time frame 1 week. Minima and maxima of bitcoin secondary trends are shown. Everything is detailed and shown, including what everyone always wants to know. Cyclicality. Accuracy. This is what it looks like on a line chart to illustrate simple things.