Non farm payroll is today and my projection for GBPUSD is that it will long, but for that to happen, I am projecting a retrace to the 50EMA where it is our area of interest before it buys to 1.27588.
Hello,Traders! DXY broke out of the Bearish wedge pattern Which makes us bearish Biased and I think that We will see a further Move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Hello,Traders! DXY is trading below The horizontal resistance Level of 102.916 and The index failed to break It so I will be expecting A local move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Hello,Traders! DXY was falling down Sharply but then hit A horizontal support level Of 100.57 from where We are already seeing A bullish reaction and I think that we will see A further move up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Hello Traders, welcome to today's analysis of Dollar Index. -------- Explanation of my chart analysis: DXY (Dollar Index) has been forming a triple bottom all the way back in 2008 and has been rising ever since. With the recent break above the psychological $100 level, the DXY is once again confirming the bullish strength. If DXY doesn't break below this area,...
✅DXY broke the key Horizontal level of 102.00 Which is now a resistance And from where I will be Expecting a bearish continuation SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
✅DXY went up to retest The broken key level Of 103.000 which is now A resistance and as the Index is in the downtrend We will be expecting a Further move down SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
DXY D1 The dollar index has drifted lower, aligning with the latest developments and insights pertaining to the battle against inflation and central bank interest rates. We witnessed a significant downward move, sliding from 104.000 to 102.000, amounting to a substantial 200-point drop. Subsequently, we are observing a modest rebound, mirroring the overarching...
Hello,Traders! DXY is trading in a downtrend And the index broke a wide Horizontal key level around 103.000 Which is now a resistance so as the Price is about to retest the Resistance we will be expecting A local move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
✅DXY is going up now But a strong horizontal Resistance is ahead at 104.600 From where I will be expecting A local bearish correction SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
DXY D1 The dollar has sold off a healthy amount from swing lows to swing highs here, but we are now sitting on a key point of pivot. We could look to trade higher in line with a break of trend as indicated, or lower with a continuation of trend. Sitting on the sideline for the moment until we can see some sort of confirmation confirming either of the above.
XAUUSD D1 Last night, XAUUSD experienced a remarkable surge of +720 points as the markets unfolded, driven by a confluence of factors, previously mentioned above. Notably, the XAUUSD markets are steadily advancing toward historic highs, and the market opening triggered a substantial influx of buying pressure, low volume causing such aggressive spikes, since we...
The bias for the dollar this week remains bearish, leading me to anticipate further downward trends. Near the current price, there is a supply zone on the 3-hour chart where we'll wait for price redistribution. Following that, we'll await confirmation on a lower timeframe to execute the sell trade. Additionally, I anticipate a minor reaction from the 13-hour...
DXY D1 - Relief Rally The dollar index has undergone a significant retreat, showcasing a robust decline from the recent swing low to the swing high. It elegantly touched the 618 region, displaying a compelling wick, and gracefully closed just above our crucial 103.000 support level. Anticipating a potential rebound from this fortifying support zone, we may...
✅DXY is trading in a Downtrend and the index Broke the key horizontal level Of 103.200 and is now about To retest the broken level Which is now a resistance From where I will be expecting A bearish continuation SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Hello,Traders! DXY broke the key Horizontal level of 103.329 Which is now a resistance And the breakout is confirmed So we are now bearish biased And we will be expecting A further move down After some pullback and retest Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
DXY D1 We continue to navigate to the southside here with the dollar index. During recent trade and events over the past few weeks. Should we breach the significant 103.000 threshold, our sights are set on the next target at 101.500. Additionally, anticipate a continued upward trajectory for XAUUSD, with all-time highs on the horizon.
✅DXY has been falling for a While now but has almost Reached a horizontal support Level of 103.00 and as it is Oversold at the moment I will be expecting A local move up LONG🚀 ✅Like and subscribe to never miss a new idea!✅