This analysis base on the FED on Pausing rates, but only at 103$ is the Support. SO after this we might see Crashing markets if this idea or analysis works. Im making this analysis since the 200EMA break. After that break I want to see a retest at that zone. This is not a financial advice. We have CPI later. Goodluck.
DXY is a parameter i use to see how GU will use, cause thats the only pair i want to trade. GU going up to the entry im looking at makes dxy go down to the open orders. lets see how this plays
The US Dollar index is currently positioned near crucial support levels, including the 38% retracement from July 2023 lows to October 2023 highs, alongside the previous descending channel trend line and support from the 50% retracement, 200-day moving average (DMA), and a potential bull flag pattern. Despite recent declines due to factors like a slightly weaker...
The chart posted is the us $ dxy we are near the end of the ABC decline back to fib relationship the low we just saw to an ideal target or 103.60 I am buying US $90 $
Going as predicted.. Let the trend be your friend... An idea you might follow ✌️😁
TVC:DXY manages to pick up extra pace and extends further the bounce off multi-week lows around 104.00 on Thursday. In case bears regain the upper hand, the breakdown of the November low of 103.98 (November 14-15) should pave the way for a quick test of the critical 200-day SMA at 103.61 prior to the weekly low of 102.96 (August 30). In the meantime, while...
showing more signs of bullish momentum just waiting for my last directional bias timeframe to break out or ingulf so we get out confirmations.
The US Dollar index is at major technical support. We are trading around the 38% retracement of the July 2023 lows to the October 2023 highs. The recent pullback Also is at the previous descending channel trend line (see 2023 price move until September). Also, just below price is the 50% retracement, 200dma and potentially bull flag pattern support. Even though...
Perfect drop towards level of SMA. Looking for SHORT on major $ pairs out of bounce from this level targeting these highs Will look to cut if my SMA becomes resistance
H1 - Lower lows. No opposite signs. Currently it looks like a pullback is happening. Until the strong resistance zone holds my short term view remains bearish here.
16th November 2023 DXY: needs to break 104.60, to continue retracing to 104.90, look for rejection to continue trading lower. (stay below 105 for bearish sentiment) NZDUSD: Sell 0.5970 SL 20 TP 70 (hesitation at 61.8%: 40pips) AUDUSD: Sell 0.6465 SL 30 TP 50 (H&S) USDJPY: Do nothing, look for reaction at 151.80 GBPUSD: Sell 1.2370 SL 30 TP 60 EURUSD: Sell...
The dollar forms a new low at the 104.00 level, after which we see a bullish consolidation that triggers the dollar's recovery. Target is 104.80-105.00 range, around 50.0% Fibonacci.
Dollar Index formed a huge bearish imbalance yesterday after a release of a CPI report. With one single candle, the market violated a significant demand cluster. It turned into resistance now. I will anticipate a bearish movement to lower levels. Next goal - 103.1 ❤️Please, support my work with like, thank you!❤️
looking bearish trend in 4h timeframe beacuse follow 12345 waves pattern
A look at the Market Sentiment and trading opportunities on offer for the session. Review of the price action we want to see prior to an entry Setup. The only Trades which have been highlighted are ones coming off a level and showing promise.
Order flow is showing bearishness, lows are being taken and up close candles are being respected. Could continue moving down as there is a +FVG 1D below. But could tap the -FVG 1D first before moving down
Globalization is dead. The fat lady has sang, the dirt is piled high next to the hole in the ground, obituaries read, notices had been long mailed to all the parties concerned. All there is left to do now is to show up at the funeral - provided you are not too busy starving or freezing to death, or otherwise engaged with similarly pressing diversions. This IS...
The TVC:DXY chart reveals a bearish trend, marked by a series of lower lows, signaling a potential shift in market sentiment. Despite attempts to rally, the index faced resistance at 107.348 and struggled to establish higher highs. With support at 99.617, investors are closely watching as the TVC:DXY fails to gain upward momentum. Traders should exercise...