TVC:DXY "Excellence is not a singular act but a habit. You are what you do repeatedly." -Shaquille O'Neal Yoo Family I hope all is well!! Paying close attention to the US Dollar is very important when it comes to my trading especially since I trade GOLD...Hopefully this breakdown can help you as well... I constructed this narrative simply off the Weekly,...
Orange range: entering in several steps . Green area: important support and exit point . Important note: The gray line is the liquidity range Watch the dance around this line carefully (bank positions are settled around this line) And in my opinion, by increasing the price, they are emptying it on the buyers, so buy cautiously, but sell boldly. GL
- Looking for buys, I believe we held a buy bias on a WEEKLY BISI -I'm now looking for a 4hr CHOCH to enter my buys - if we don't a entry today tmrw will give us a perfect entry using a DAILy FVG.
DXY analysis Fundamental analysis There is news on Friday that if the dollar is negative, it will be weak Technical analysis We notice that the price has breached the support line. We believe that the price will correct towards the imbalance area After that, we may witness further decline towards the important area 104.475
Hi there, 105.6 level of usd index is important for this week. You could sell it in this level with TP and SL we mentioned for you in chart. Be profitable
8th May DXY: At 105.50 and push up higher to 105.80 (61.8%), beyond that, 106.10 NZDUSD: Sell 0.5975 SL 15 TP 35 AUDUSD: Sell 0.6565 SL 20 TP 40 USDJPY: Looking for a reaction at 156 sound number resistance GBPUSD: Buy 1.2475 SL 20 TP 60 EURUSD: Sell 1.0720 SL 20 TP 40 USDCHF: Test and reject resistance, Sell 0.9135 SL 20 TP 40 USDCAD: Sell 1.3770 SL 20...
DXY H4 Dollar is moving as expected, bouncing from that 105 price we were marking up and focussing on from last week. Following all the economic data points, support held out and corrected perfectly. We have since approaching 105.600 price, a key area of S/R. This also ties in with GBPUSD support price. An area where we may see a bit of a correction (as...
Hi guys, this is the dollar index I saw on the chart. Based on technical and fundamental factors, the US dollar index is in a strong support zone, which also points to further upside in the next few weeks. I'm looking forward to buying the dollar against other currency pairs because it will be much stronger than it is now. From November 2023, the gap will be...
We are in first week of April , We have to wait for bias ow decide move. just one thing is interest for me, The external liquidity is ready for purge and we are at internal liquidity .
The dollar index fell below a significant intraday support level on a 4-hour chart but was unable to close below it. This support could potentially lead to a slight upward movement before a possible retracement. I anticipate a bullish correction for the pair, with a target of 105.34 / 105.56
After reaching a peak of 106.50 on a short-term chart, DXY traded within a broad horizontal range on a 4-hour timeframe for an extended period. However, the lower boundary of this range was breached during last week's trading session. The support level is now being retested, and we anticipate a downward movement in response to this break. We could see a...
It is expected that the current uptrend will end in the specified resistance ranges and a trend reversal will be formed. If the index crosses the level of 78.6%, the upward trend will continue
this is very tricky and I'm not sure but it seems like FED and HedgeFunds are playing big trap game.
Looking at price action tells me what the MARKET is thinking/doing. These past few days has not been easy to 'predict' movement because opposing the market are those who wish to see a weakening of the $ to drive down yield. Anyway, lets stick with the MARKET and trade accordingly. In all probabilities, we can see that the DXY will move higher in the coming...
Extended selloff from 106.490 which is the weekly highs of the week with intraday high to lows equilibrium located @ 105.210 which is my first target. 105.415 is my second short term projection. Candlebody closure below 104.552 will negate my idea