Hello Traders Investors And Community, welcome to this analysis where we are looking at the EXY CURRENCY INDEX which is the index to show the value of the euro in comparison to other currencies where we are looking at recent events, the current formational structure and what to expect the next times in order to handle the situation accordingly and in the right...
1st Long-Buy.. 2nd Sell-Short.. DXY bear bias. But may see a growth before nxt Leg down !! Happy Trading !!
there exist a very steep Bearish Divergence between the price and MACD and Its Histogram, which is the sign of trend reversal. the price has already broken the low bond of the ascending parallels Channel where it was rallying earlier. price has retested the Support line and it didn't stand after the second attempt and now turned to resistance, which is a very...
I can see the human corruption within the gold and us dollar.
31 October 2020 ZXY is having a H&S Pattern? We anticipate it to move lower in the next coming days. Watch the resistance & support area for confirmation.
31 October 2020 As anticipated, SXY has broke the support trend line from last week movement. At the moment it's at another support area, and stoch is nearing in oversold area. Would rather wait & see if support will be broken in next week market movement?
Hello traders, here is the analysis from our team : BTC/USD. sell : 11738 TP 1 : 11728 TP : 11638 SL : 11828 money management starts : 11728 StevesTradingView 😉 Let us know in the comment section below if you have any questions.😉
@DXY- POSITIVE-NEUTRAL @EXY- NEUTRAL-NEGATIVE @SXY- NEGATIVE @JXY-POSITIVE @AXY-NEUTRAL-NEGATIVE OBVIOUS PAIRINGS ARE: LONG PAIRS: USDCHF, USDCAD SHORT PAIRS: EURUSD, EURJPY,AUDUSD,AUDJPY
downfall of the dollar ?? Thanks for viewing the chart and please leave a like as a sign of appreciation for taking my time and I will thank you for taking yours aswell Cheers and may God bless
DXY dropped again below the 1D MA200 (RSI = 40.089, MACD = -0.130, Highs/Lows = -0.2864, ADX = 25.789) approaching once more the Higher Low trend line of the 1M Channel Up that has been trading within for over a year. The pattern resembles the early 2019 sequence and as you see on the chart this could be the 7th phase that will initiate the uptrend. Two targets...
Ascending channel lower trendline breakout . Below the monthly pivot point indicates bearish sentiment. Fall from the past strong resistance 98.67 . Floating below the weekly SMA (green). After the counterparts of greenback like the pound and euro had some great comeback over greenback couple of days earlier because of some positive Brexit development news...
SMP TRADING SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY Chart time frame - H4 Timeframe 1-4 Days Actions on - A – Activating Event Market will meet resistance in zone @1.011 - .... and fall to the 0.991. In order to enter, the pair MUST be in line with my Entry Procedure.... B – Beliefs Market move towards the first Target 1 level @ 0.991 FX:USDCHF...
JXY approaching support at 87.3 After that, there is 2 possibility idea on this pair. Either it can break and go down for some day or start making new lower hight toward 89 before continue to down Try look at weekly chart to get the bigger picture
After that, there is 2 possibility idea on this pair. To test lower at 84.30, where we expect a bounce or start to bounce at 86.6 directly.
USDCHF has been in a bearish trend since last year. It hit a very strong structural support at 0.94767 and went up to 0.98014 which is both very important structure based on past data and also 0.382 Fib level of retracement. It is currently following its decline which has resulted from this 0.3 Fib and past structure. Potentially it might test red support lines...
This is a Method to follow Currency pair and pricing divergence of a Commodity to a Base Currency This demonstrative example is from from Gold in various currencies to Turkish Lira ₺ You can recreate this for your own purpose by following the same formulas. Because that symbol does not exist we have to divide pairs that have a common denominator. We will use...