EUR WEAKNESS WHILE USD RETRACES UP?- Looking for EURUSD to soften while Dollar makes a retrace up
- Could be a matter of days before Wyckoff distribution pattern unfolds
Usdx
USDX RETRACE UP FOLLOWED BY DROP TO 103Looking for a retrace up in USDX
Followed by next push lower to 103
AUDUSD 1 DEV HIGHER TO 0.7000 ?- AUD advancement has been muted while USD weakened
- Expecting AUD to bounce of resistance, followed by next leg up to 0.7000
DXY CAN FIND SUPPORT ON THE FOLLOWING KEY LEVEL HIGHLIGHTED!Check out the trade plan for DXY today based on the technical analysis. Hope this analysis is useful, make sure to hit the thumbs and also follow my tradingview profile for future updates. Thank you!
DXY can revisit the following highlighted key level to find the support for a reversal. The breakout happened on this expanding channel is very strong and thick.
USDX IN DIAGONAL WYCKOFF DISTRO- Dollar printed a diagonal Wyckoff distribution
- Now broken lower
- Looking for a 1 deviation drop to below 104 = demand-zone
USDCAD 11 november 2022 - updateUSDCAD, like I predicted, is looking to test 200EMA and 1.31 area. Finally!
It will take a little bit of time until it goes back to Oct highs.
USDX IMPULSE HIGHER TO END DIVERGENCE WITH 2Y T-NOTE- Divergence between Dollar and 2Y T-NOTE (inverted) is growing
- Wait for Dollar to meet downside target(s) (106 ? 103 ?)
- Then expect Dollar to close the gap with an explosive move higher
USDCAD November 2022 - updateThe markets are unpredictable, especially this year but I simply can’t see the way for USD to go significally higher without testing support 1.30 area.
US Dollar Index HIT SupportNFP was extremely positive, but unfortunately, the market react the other way around. With the US Market opening, I expect the NFP data react positively to USDX.
USDCAD November 2022 correction? Indices at the moment are untradable for me so I looked into fx to see what can be expected there.
USD has been rallying for a while, it needs deeper correction at some point. If it happens, it will have plently of room to upside.
USDX retail trend line:) enough said.
Just an analysis to support my other trades. Mainly in GU this month.
USDX dollar index long idea till 113What should happen to see USD index on 113 bro? Just look within next few month..
AUD/USD SELLBased on the latest bullish USDX analysis, on top of that, the price couldn't brake the Ichimoku cloud and we are witnessing a decline in price and another bearish trend.
The parabolic advance in the U.S. remains intactThe advance in the U.S. Dollar Index from the early 2021 low remains very much intact. The monthly chart has an unmet target of 120-plus, so this for now is where I think the USDX is likely to go as long as the parabolic curve is not violated.
Nasdaq is going down again!After my first Nasdaq idea, we achieved 1000 points movement, now we have another entry to benefit from, based on the latest hawkish USDX analysis, I expect this to happen once the US market opens.
USDJPN correction expected?I don’t really trade Forex, unless something catches my attention.
USDJPN has been climbing for a while now. On weekly chart it is overbought and even the strongest move need to take a brake once in a while,
Either if you look on EMAs or Fibonacci levels, correction can reach area 139-141.2.
It doesn’t mean it will but according to my analisys, most of the indices look like they they’re going for an upside move. With VIX being overbought as well.
The markets might get a bit more positive until November US rates decision.
Personally I think we might not get lower than 140.
Im not a professional trader and this is not a trading advice. Trading is risky. Always do your own analisys.
$DXY US Dollar has more room to grow
US Dollar has more room to grow..
Looks like U.S Dollar index heading toward the 2000-2002 record (119$)
How does this affect the Bitcoin/Gold price? See my previous idea
dollar index updateand finally it's end of wave 3 of terminal ,
Now it's clear that we are in Wave 3th continuing terminal and goes like this in couple of weeks
DXY Reversal is very near. USDX close to a reversal. DXY will peak ~115. This is rising channel. Yesterday i posted that EURUSD will bottom soon.
USDX - US Dollar indexRight now I'm watching a VERY BIG CUP. When we get to this part, we take a break and speculate that the handle pattern will be painted. The impact of the Federal Reserve's policy is that we expect the stock market as a whole to weaken against the US dollar.
This Crypto market will probably have the strongest impact.
Be careful :)
