Yes, I did call for bearishness in the Weekly Outlook. And yes, the USD has moved bullishly since Tuesday. However, I did state that price would move up into the fair value gap, and from there, the bears would take over.
Remember, I described an External to an Internal RUn on LQ. Price has moved from Discount to Premium prices. Currently, price is positioned...
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.
May profits be upon you.
DXY is now consolidating in between a bullish FVG and an bearish FVG.
But it has been bearish, with downward momentum.
I suspect it will continue this way, as price has found INTERNAL LQ in the bearish FVG, and is now seeking the EXTERNAL LQ at the lows.
I believe the low at 100.320 is the DOL (Draw On Liquidity).
Leave a comment, as I...
With CPI Data coming Thursday, price may consolidated within the range of Friday's candle and the FVG, before coming down.
IRL > ERL
I am looking for price to go from an interior raid on LQ to an external raid on LQ.
I'm also looking for bearish PD Arrays to be respected... like the -FVG price is currently in.
But who knows what the news will bring.
DXY 4H Support level 100.40 - 100.69
Resistance level 106.53 - 107.6
USD currently near support level. But didnt broke. it means
100.40 - 100.69 Still Valid as a support.
Still have Buy possibility USD pairs.
The US dollar experienced a notable 1.3% drop at the end of last week, following a 0.49% gap down on Thursday. In contrast, the S&P 500 gained 0.3% on Thursday and 2.49% over the week.
Since September 2022, the dollar has been volatile, falling 13% from a high of $114, briefly dipping below $100, then recovering 7%, and falling again by 4.8%. This erratic...
DXY Dollar index Long:
i think if it brake the last downtrend line it could see the value 110.
so : all the crypto market is going down.
the USD will be strong in forex market.
Hello enveryone,
I would like to revisit my previous idea and confirm a long signal for the same reason.
As mentioned in the chart, we observe the second pullback close to the trendline with significant volume. This indicates a buying opportunity with a risk-reward ratio of 3.
In this trade, we have a high probability and a favorable risk-reward ratio,...
Hello everyone,
I would like to share a significant analysis of an important index for all markets—the US Dollar Index Futures.
Firstly, in terms of technical analysis, we observe a clear breakout of the yellow trend followed by a pullback with significant volume. This indicates a long potential to the 1.618 Fibonacci level, which is $104,830 as a target.
What...
The DXY looks to be in a 9 year accumulation/distribution structure. We are currently in a retest phase for the last 2 years with the last year being a trading range that looks to be in phase C with a spring. Everyone is bearish the $$$, the BRICS are gonna start their own currency, printing $$$ like crazy and we are all gonna die. Maybe not.
Why has gold broken above the $2,000 level? And why is it likely to stay this way for a long time?
This is because the USD has been weakening since October, and we can observe an inverse relationship between them during this period, as well as in previous periods.
Micro Gold Futures & Its Minimum Fluctuation
0.10 per troy ounce = $1.00
Code: MGC
Disclaimer:
• ...
TGT1 and TGT2.....almost achieved today....
See....DEC Future.....US Dollar Index.....made a high@103.300 range today......buy@102.390 range on yesterday.....
What nextttttt.....US Dollar Index.....Today???
Wait 104.115 or
book profit or
again 102.190.......US Dollar Index.....DEC Future.....Today......
#forex
#gold
#silver
#operatorcall
#DX
After US Mfg. & Services PMI Data.....
Intraday buy Call......in US Dollar Index.......
Again buy......US Dollar Index......Dec Future.....103.160-103.260 range...
and keep SL 102.855(30th August's Low)
and wait TGT1 103.750(Today's High)
and wait TGT2 103.780(Yesterday's High)
and wait TGT3 104.115(22nd November's High)......wait TGT1 before today's...
After US Data.....
Intraday buy Call......in US Dollar Index.......
Again buy......US Dollar Index......Dec Future.....103.050-103.100 range...
and keep SL 102.855(30th August's Low)
and wait TGT1 103.340(Today's High)
and wait TGT2 103.855(Yesterday's High)
and wait TGT3 104.425(Last Friday's High)......wait TGT1 before today's...
