Dolar
DXY to rise later this weekDXY technically is sitting on the critical support level and it seems to be gaining power from it to climb towards the resistance level. It is currently at the oversold position in terms of several indicators.
FED's decision on interest rate will be decisive for the path of the US dollar index.
Note: Interest rate seems to be staying constant.
Bullish Accumulation pattern on ETHHello Traders,
ETH/USDT is forming an ascending triangle with our indicator showing bullish signs, the entry must be above this maximum accumulation and the target will be the next important resistance around 280$.
Best regards, Sandro and Gustavo.
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#DXY ANALYSIS.. The US Dollar Index is currently on the verge of a very critical resistance, #DXY can be considered as an important leading indicator in the course of the markets on a global scale.. The increase of # DXY significantly reduces the risk appetite of investors in the markets and the demand for the dollar increases. In this context, examining the #DXY chart gives serious clues about the fluctuations that may occur in the markets..
If we look at the #DXY chart within the technical framework, we can easily express that the price movements from past to present constitute a structural similarity.. I firmly believe that #DXY is ready to go up, we will wait and see.. 102 is a very important resistance point and, if exceeded, #DXY can reach levels 112 and 120..
The increase in demand for # Dollars in the crisis times from past to present brought strong sales in the stock and commodity markets, and also caused deep depreciation in the developing countries' currencies.. I think markets will become very interesting after 3,4 months..
Please do your own due diligence when it comes to trading.. Invest at your own risk..
I wish you all the best..
Proving yourself52.2 thousand per day. Did we break or did we just hit the ceiling? I don't know about you, but I am optimistic. I see that the desire to protect assets is pushing gold and bitcoin. I don't expect a straight line, but the indicators are very favorable considering the consolidation zone of the previous fund. If the correction now reaches US$ 8555, we will have excellent expectations for the future (don't buy). So what do you see?
EURUSDEURUSD ATTENTION
WITHDRAWAL IN 1.09 CRUCIAL POINT ...
This point may be the watershed of the pair. With Italy, Germany, Spain wanting to reopen the economy.
Key point why? Feeling. MARKETING IS FEELING!
Feeling of taking RISK or feeling of seeking SAFETY.
RISK = EURO WILL GET OUT OF THIS AND INVESTORS WANT TO INVEST IN THE EURO
SAFETY = INVESTORS UNDERSTAND THAT THEY ARE GIVING SHIT IN THE WORLD AND SHIT IN THE EURO AND FLY FOR SECURITY.
Dollar = SECURITY
Marked circles are possible bullish and bearish targets with their respective possible breaks.