U.S. Dollar Currency Index
Long: Strong uptrend on the higher timeframe and respecting the 4 hourly uptrend support line. Pushing towards the previous high. If the high is broken, wait for the retest of the previous high as support on the 15-minute time frame and enter long. Risk 1-2% / Risk Reward Ratio 1:4. Stop-loss and TP as shown. Remember to like and follow if you agree with the idea.
If the Fed was really serious about fighting inflation they would've already tightened. Reminder: They've done nothing.
USD/EUR Short Retracement of upper Channel Bottom of Channel is the Target
Good Morning.❤ Now the red candle is in a good position to start a good trend either an up to one or a downward trend so we are waking for a confirmation: +If it goes up buy at 0.9588👌 +IF it goes down-sell after a red candle✌ and pay attention to the support it can reverse SO TAKE RISKS AND OPEN UR WALLETS🤑👍 Good luck💙
According to chart analysis, it is in a bullish trend because of the trendline but the divergence is bearish in RSI and the rising wedge, Double Top is detected. Plan A: Long Entry: 0.9295 SL: 0.9222 TP: 0.9433 Plan B: Short Entry: 0.9222 SL: 0.9295 TP: 0.9083
Using the andrews pitchfork tool, usd/eur has had some stable bullishness but the price is currently at 3 unmitigated order blocks and with all the inflation and the war, it may soon melt. We may have an opportunity to hold a position for a couple months if this melts, definitely keeping an eye on this chart.
As there appears to be much discourse around the status of the dollar as "the world reserve currency", it seems interesting to me that the standard measure of the dollar's strength is not weighted in this way. Here I am attempting to reconcile the standard dollar index (DXY), which measures the strength of the USD against a basket of other currencies (see below),...
We might see a big breakout soon... what do you think?
TP » 0.8335 SL » 0.9245 Lets see how it goes, share your opinion below in the comments and drop a like if you think is a good idea.
TP 1 » 0.8525 TP 2 » 0.8165 SL » 0.9400 Lets see how it goes, share your opinion below in the comments and drop a like if you think is a good idea.
As the continuatuon of a uptrend continues. GUESTIMATED to continue upwards . Keep look out for retracement for possible breakthrough.
Clear Bullish trend, Will follow the bullish trend. However, placed two strategies incase it based the trend.
Hello everyone, as we all know the market action discounts everything :) _________________________________Make sure to Like and Follow if you like the idea_________________________________ The USD/EUR pair was down on Friday morning in Asia, and dropped almost 0.96 %, and reached 0.8847, and an RSI Bearish Divergence has been found between the chart and the...
think its a big upmove upcoming after the red part, looking at the gray line representing the fractal distortion we can see the volatility decline and i would guess it can be a strong breakout afterwards
Hi, As per the chart now the price has been breakout perfectly. momentum will happen as explained in the chart.
The chart is clear. USD should range up to 100, and as low as 89 in the coming three years, after that is anyone's guess. currently: Long dollar, short gold and silver, long BTC, long equities. 2022 looking for SPY shorts, Volatility longs and to scoop up cheap altcoins after 2022 crash