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US Dollar Index OUTLOOK US Dollar It is still on track for a fifth consecutive week of gains as the resilient US economy signaled that interest rates should be kept higher for longer. Currently, the price of DXY trade at the sensitive zone between 102.71 - 103.23 which is strong resistance area so the price will face two scenarios First scenario and Most...
The Bullish Channel is continuously gaining strength from a strong pullback from the 99.581 zone after a support breakout. Now at the current level, the US Dollar Index at 102.894 is a very important level and a resistance level in H4. As per the channel, the US Dollar will fall to 102.440 to give respect to its Demand zone. With the channel formed and the major...
in dollar we see bearish and breaked support and two time tested to resistance and can't break i think now get in bearish and drop to 100.50
There is still a possibility that the price of forming a new HH and heading to the SND area.
On the daily time frame, the index shows a bearish momentum. The weakening of the dollar showed from June and became clear from the beginning of July until now. My trading strategy is to sell on the rally. Now is a good time to continue selling on technical charts.
Hello traders, here is my view for DXY, let me know in the comment section below if you have any questions. This is just my view and not financial advice.
Hello traders, here is my view for XAUUSD, let me know in the comment section below if you have any questions. This is just my view and not financial advice.
Hello traders, here is my view for XAUUSD, let me know in the comment section below if you have any questions. This is just my view and not financial advice.
Below the cloud Failed at 103.5 Heading to 101 area
Hello traders, Hope you are doing well. As we have shown last week, NASDAQ changed its character and our entries were activated and reached the first target. Now, it is trying to reach for the other targets. As the beginning of this week, we have shown a new short position at 15046 - 15067, with a stop lose of 15143.3 and take profits at 14915 - 14748. Always...
With the dollar index dropping in price There might be a rise in the price of all us indexes If us30 breaks 33204 then we might see a rise to 33800 or possibly 34000
The trend of NASDAQ seems to continue, despite a resistance that is forming around 13250 mark. The instrument had tried few times to breach it, and currently is trading above it, but the breach is still not significant and might revert. The technical indicators, though suggesting that NASDAQ still has steam to continues it upward movement, with RSI above the 50...
Price is below the cloud, below the Kijun and Tenkan lines. The Chinkou line is below the price.
Hello traders, here is my view for EURUSD, let me know in the comment section below if you have any questions. This is just my view and not financial advice.
Well , just as any other chart, we must keep things simple. Price has made a new Low after Ranging for 120 days/4 Months. There is Liquidity Built up in the market. If we maintain bearish momentum then we will see 31,198 very soon. Price is testing 32,082 at the moment. We may return to the low from OCT 22' due to clean traffic on the weekly timeframe and plenty...
Hello traders, here is my view for NZDUSD, let me know in the comment section below if you have any questions. This is just my view and not financial advice.