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: • ...
Don't forget that everything is linked. " BTC down. World Economy Down. strengthening Dollar index to rebuy lower stocks. " Happy Tr4Ding !
- Small pump then Dump. - Keep it simple. - Everything in graph. - Older analysis. 👇👇 Happy Tr4Ding !
DXY index will go green again after testing 103.700 level this week. Yesterday unfortunately dollar was red. But probably it will go up again today. Follow To Get More Signals. If you’re trader and looking for professional technical analysis for your trades, Send us your case and we will serve you. Don’t be hesitate to contact us. Best Regards.
The US dollar is demonstrating notable resilience, bouncing back from key support levels and hinting at a possible upward trend, amid expectations that the Federal Reserve may pause on raising interest rates. This outlook is partly due to October's weaker-than-expected job growth, which could influence the Fed's rate decisions as it aims to balance employment with...
In this update we review the recent price action in the Dollar index and identify the next high probability trading opportunity and price objectives to target PAST PERFORMANCE NOT INDICATIVE OF FUTURE RESULTS
In this update we review the recent price action in the Dollar Index and identify the next high probability trading opportunity and price objectives to target PAST PERFORMANCE NOT INDICATIVE OF FUTURE RESULTS
In this update we review the recent price action in the Dollar Index and identify the next high probability trading opportunity and price objectives to target PAST PERFORMANCE NOT INDICATIVE OF FUTURE RESULTS
DX Testing bellow last year VWAP. Possible break out could happen. Please see video for exact points. Thank you.
In this update we review the recent price action in the Dollar Index and identify the next high probability trading opportunities and price objectives to target PAST PERFORMANCE NOT INDICATIVE OF FUTURE RESULTS
I circled where the weekly candle is breaking lower below the trend line. If the week closes with that trend line breached it could mean DX will continue lower. A weaker dollar is good for gold, silver, other commodities and stocks too; for their prices to go up. Last week's candle was also a shooting star which puts more odds in the favor of a lower dollar index.
Greetings, I find my previous communication regarding the US dollar was perhaps insufficient in elaborating my viewpoint. Therefore, I have resolved to delve deeper in this correspondence, presenting a thorough analysis to substantiate my conviction that the US dollar is poised for a considerable mark-up phase, from a technical standpoint. I must clarify that I...
DX, focusing on the AD & Money Flow. I see a double top by the AD, however there is a base forming. The Handle is currently being shorted, we dont have a bullish/bearish breakout yet. However, i'm leaning towards the bearish side based on what i've seen in Gold & Oil charts. I will be posting additional charts to show til there is a definitive trend direction
Greetings everyone, I hope you've had a productive week with successful trades. I wanted to share some of my ideas on the Elliott Wave Principle. It's crucial to make informed decisions and exercise patience in all transactions. As per a quote from (J.F.), a professional analyst of the Elliott wave principle, amateur traders tend to focus on the possibilities...
Just as we looked at the previous last August correction, the question was; can a more impulsive wave engulf the slump, and it did to then print the next wave up. Now the same thing is happening again. Dollar did look quite impulsive with the bearish slump, but on Friday it printed a hammer and now today its having a very big pump that has easily engulfed the...
Dollar Index is going to make huge gains in few next days, Technically The price will go up from 105.8 to 108 Support 105.8 Resistant 108 While Gold,BTC and WTI are going to make some loses. Wish you best trades