Price action analysis for DXY. Important key levels. Potential scenarios ahead of FED interest rate decision. ❤️Please, support my work with like, thank you!❤️
EURUSD has confirmed a hourly channel breakout on the lower boundary, which is likely to create another downside momentum in the near future targeting the bottom level of support. Here we expect a decent 50-70 Pips worth of profits with a short entry.
Hello,Traders! DXY is trading in an Uptrend and the index Broke out of the bullish Flag pattern so we are Bullish biased now so We will be expecting The index to go further up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
The chart posted is my view of the wave structure it is forming . We had two legs of equal in the sp 500 up into 5123 from 4954 .I would be rather bearish BUT cycles are in a time frame coming up and I think I would see a rather complex structure in formation . We have had a.7.3 % Correction >So I have now taken a 40 % net long I did want to add at 5061/5058 ...
Kadena appears to be in the process of its final move up as part of a first wave expanding wedge, with a minimum target of around $6.65. This chart is actually very similar to the Arweave chart but earlier. There was a brief pause just before $2 to shake out the more bearish traders but I think this resistance will not hold. The expanding wedge may be the A wave...
Fundamentals: Eagle Point Income Company (EIC) is not a super stock, but a solid monthly dividend payer. The dividend seems stable, and the outlook of the company is stable. Eagle Point Income is a closed-end investment company whose primary investment objective is to generate high current income, with a secondary objective to generate capital appreciation. ...
XAU/USD is the label for spot gold traded on the foreign exchange market. Gold (XAU) is traded against the US dollar (USD), and its price represents the cost of one ounce of gold in USD. XAU/USD is traded on the forex marketplace like any traditional currency pair.
The dollar remains strong and as long as it climbs the AUDCAD is going further down. At the moment the triangle scenario seems a little bit more favorable as compared to a regular wave B up. Until further notice I remain bearish on AUDCAD!
A start of one more beautiful chart. Last week, bought a healthy bag in $OM. #MANTRA is going to be big as the team is doing crazy developments! LFG🚀
Meyer Burger has faced an enormous uphill battle ever since the shift from being a company known for manufacturing machines for solar panel production (and more...) to combining everything under one roof and sell mainly solar panels. The market reacted very positive to begin with but huge inflow from subsidized and therefore cheaper chinese solar panels made it...
Comparing SPX on the left with UVIX on the right. If UVIX double bottom can hold price above 8.37 and SPX can break below price of 4953.56, I find it highly probable that the top of equities is in. If UVIX at any point breaks below 8.37, then any breaks of SPX below 4953.56 would like be dip-buying opportunities. If UVIX breaks below 8.37, then it is also possible...
Hello,Traders! GBP-CAD went up and The pair is locally overbought So as the pair is approaching A horizontal resistance of 1.7236 A bearish reaction is To be expected Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
GBP/USD is extending losses toward 1.2500 in European trading on Tuesday. A cautious risk tone and a decent US Dollar comeback weigh negatively on the pair. The focus now shifts to mid-tier US data amid a data-light UK docket.
Gold price (XAU/USD) remains depressed heading into the European session on Tuesday and is currently placed near the lower end of its daily range, just above the $2,320 level.
This is my chart for the current BTCUSDT correction. Seems to have started off as a simple ABC and then morphed into some mutated mess of a correction. The first impulse failed and we are in a second ABC (C wave target 0.764 to 0.854 in cyan and orange respectively) with the final stage apparently a WXY where the Y is an expanding ABC (target 1.618 in blue). All...
-Hello Traders, Price had consolidated for a longer period and recently it broke out due to a strong bullish momentum, recent price action indicated that we are on the verge of reversal on #btcusd. what do you think?
Almost clear where it's going to it's just how it gets there... Quarterly Theory - IPDA over the next week or two maybe the only answers left??
Hello friends I think that Bitcoin is completing wave C, on the other hand, we have an FVG in the range of 51,000 to 53,000.