It's time for A Dollar story ! 2022 will be amongst the years of many other Ballads to speak about The World's Reserve Currency . $DXY rocked on vertically throughout 2022 due to Fed's Policies increasing interest rates trying to bring inflation down, while it's ascend started back in May 2021. It's been hell of a journey tracking $DXY since Covid-19 Health...
And Always Remember NOT TO : - LIVE for it - DIE for it - Turn yourself in to a SLAVE for it - Sell the most precious Asset owned, Your TIME - Fall in LOVE with it - Get BLINDED by it - Be GREEDY for it - Do others WRONG to own it - Betray OTHERS TRUST to own it - Put others DOWN if in abundance you own it - FORGET your LOVED ONES for it You and I BOTH Got...
TVC:DXY has been showing signs of strength after Banks Failures, printing what seems to be a Double Bottom at 100.8 Despite uncertainty over the Banking Sector, there is definetely some Room for Growth to 105-106 regarding TVC:DXY Dollar Index Reaching such a target, would put TVC:DXY on Major Critical Resistances areas : - Broken Macro Trendline (in...
$DXY (Dollar Index) and $BTC (Bitcoin) sitting at very Crucial Pivotal Points , awaiting ahead Fed's Interest Rates Decision and Meeting today. $DXY techincal support at 102.7 and Bitcoin facing to the upside a strong resistance at 29.3K (1.618) We've seen Dollar plunge with the Banks Collapse, while Gold and Bitcoin have ripped to the upside as hedges assets...
Japan's consumer prices rose 4 % in December from a year earlier, a level not seen since December 1981, fueled in part by higher energy bills, government data showed Friday . The acceleration came after a 3.7 % increase in prices in November, as the data from the internal affairs ministry showed inflation for the 2022 calendar year stood at 2.3 % . The figures...
$DXY is currently struggling at a very crucial point during it's long-term uptrend direction of approximately 2 years span. Having experiencing a vertical rally throughout 2022, it ended the year in a downtrend spiral breaking Price Action structures. This can all well be a correction phase during it's uptrend trajectory, but that is yet to be seen on what the...
*** BEWARE *** Take Heed #Bitcoin has already taken out the Highs of pre-FTX saga rug-pull Plunge in just last 6 days and is currently trying to reclaim 200EMA on the *D(daily) , or creating a rounding top confluencing a double-top from pre-FTX highs. A rag-pull followed by a boring narrowed accumulation zone in terms of price action, with very Low Volume* In a...
$DXY about to break 104 Structure Lows ! Violating 200EMA last week with daily closes, Dollar Index is approaching lots of supports below 200EMA, such as 104 Lows of straight vertical uptrend before last CPI numbers # 101 would be considered the most huge support to expect bounces on DXY . 104 being broken down below would give the FX markets and other Financial...
Bitcoin is sitting at no men's land in terms of Structure Support regarding Price Action . Perhaps, just waiting for another catalyst to push price down, taking it's time to free fall once again ; printing so, what many in the space are speculating as Market Cycle Bottom, combined with the FUD involved on crypto markets lately due to exchanges Basically,...
Hang Seng Index has almost come due for a correction after closing the other day up +4% It performed great over CCP's taking down their Covid's restrictions Restrictions not lifted off upon people of China ever since lockdowns started taking place on 2020 Pandemic's outbreak. Xi's dictatorship leadership and his third term election won ,may be catastrophic and...
'Stray' Russian Missiles is reported to have hit Poland, a country within NATO's union. Two people are reported dead from Poland's official sources. Government spokesman said teams of experts are clarifying the situation and will work on all night to clear the details of what he called a “serious” situation. He added that Poland, which is in touch with NATO...
$DXY has started the Week Raging High, putting $GBD at 4 Decades Low! However, the Daily Candlestick still needs confirmation, but currently it is creating a serious Wick Rejection. Ironic, to say the least ! With the Death of Queen, came the Death of Pound That of course, after Poor $EUR first, European Union which is uncertain for the Winter to come. And on...
Time Frame Target 121.3 Q4 2022 2023 2022 has been one of the best performing years for $DXY since inception. It's gigantic underrated strength has come as a result of Federal's Reserve policies trying to curb and bring down their 'Transitory Inflation' via increasing Interest Rates. The Federal Reserve raised the target range for the federal funds rate by 75...
Dollar Index ($DXY) has bounced of from a considerable strong Support Level at 109. 109-107-104 are major key levels of Supports for the current $DXY uptrend In case $DXY loses those areas of supports, it will be in 'trouble' for the short term, while Equities, Commodities and Forex Markets will be experiencing huge rallies, taking advantage of a weakening...
#Bitcoin dumping this Thursday, CPI # 's day which are yet to be released. While in one of the biggest days for financial markets outlook, macro data and world-wide economy, Bitcoin has bleeded -4% so far for the day as altcoins got slapped in the face from BTC .D Are you buying #Bitcoin here or waiting for lower prices ? Either way, good place to DCA on SATS Q4,...
SMALL + MEDIUM (Q4) TF idea. #Bitcoin seems to be struggling with it's 20K level (can be used as SL) , after a strong rejection from 0.618 zone, struggling with it's Trendline Resistance coming from ATH of 69.000$ and 200EMA. Worth mentioning is that 17K has provided strong support and a good spot for buyers to DCA. Many others are being patient not buying...
#Bitcoin and Indicies grasped some breath for 6 days in a row on positive momentum. Many retail traders have shifted their bias, speculating 2022 to be a correction and not the start of a major crash welcoming recession. Was 2022 a correction phase rather than a crash ? Or is it just the first leg down we've seen ! Worth mentioning is that S&P500 gave up all the...
Trade still active ! Past 10 days, #Bitcoin has been stuck on a five hundred dollars change range, testing 19.500$ (1Fibb' Level on green) throughout these days while acting as support . Might be the time to take all profits of the trade ? Not yet . Despite no range-break out on the charts of $BTC, worth mentioning is that $DXY started this week's momentum on...