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
Eyes on dollar now. If FED wants to save the situation and block this bear, then they'll push dollar downwards. That will push stocks and gold up, and as there's a double correlation to miners, they should fly.
Dollar is a confirmed buy on harmonics with a bull surge. SSTIS is a confirmed buy with an MVO bull surge signal. 2D MV chart is a confirmed buy with an...
Dollar is a confirmed buy on harmonics. SSTIS is a confirmed buy and shows a bull surge signal. This is a confirmation on the equity bear scenario. 2D MV chart is a confirmed buy as well. 2D MV fakeout chart for dollar shows a non-fake bull. Dollar should bounce from this level which points back to 08-MAR-2023 top and then make an attempt to take that treshold.
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
The US Dollar has broken the bearish trend line and broke two previous highs. This may lead to a change in direction towards 110.265-110.920 if it can successfully break 105.840 and retest it. The red lines mark potential reversal prices but should not necessarily indicate a change in direction.
Please, don't follow my signal blindly, trade based on your own risk.
Greetings everyone,
I hope you all had a successful week with profitable trades. I am pleased to share with you my ideas created through the application of the Elliott Wave Principle. It is important to make informed decisions and exercise patience in all your transactions.
Please refer to the chart for relevant details.
I am grateful for your ongoing support...
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
In previous posts I already showed how DX is moving towards the CL.
It failed two time, then they cleaned out the Stop/Losses and now DX is on it's way to the Center-line.
Now that we have good confirmation, it would be a no brainer to load the boat even more on a pullback at the CIB line. (yellow).
So, here we have the USD Index at the Centerline at a balanced level.
What if the US$ starts go north?
I would say, markets, which are btw. also totally overbought, are tanking.
This scenario is on point with the CPI today.
Obvious or a fluke?
As always, anything can happen, even a new spike in the Indexes.
