Get started

Dollar

XAUUSD Technical Analysis 14th March 2024 1h chart– Wednesday Daily candle closed Bullish forming Daily Support around 2158.400. I’ll be looking for potential Buys above 2180.000 targeting 4h Strong Resistance formed around 2186.700 and 30min Resistance around 2193.300. I’ll be looking for potential Sells below 2169.800 targeting 1h Support around 2163.300 and 4h Strong Support around 2156.800. High Impact News ahead of the New York session open for the US Dollar which will bring some volatility to the market.
OANDA:XAUUSD
by SalimFX20
DXY is turning bullish short term.The U.S. Dollar Index is coming off a three day rebound after the 1D RSI almost touched the oversold (30.000) level. Even though the 1D technical outlook is bearish (RSI = 35.930, MACD = -0.200, ADX = 51.582) this small reaction is most likely the start of a counter trend rebound like late June 2023, which reached the 0.5 Fibonacci level. Consequently we are taking a short term long, targeting a little over the 0.5 Fib (TP = 103.800). For the past 14 months, DXY has been basically consolidating. ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
TVC:DXYLong
by InvestingScope
1
XAUUSD Technical Analysis 13th March 2024 1h chart– Tuesday Daily candle closed strong Bearish forming Daily Resistance around 2182.900. I’ll be looking for potential Buys above 2166.100 targeting previous 1h Support formed around 2173.900 and Daily Resistance around 2182.900. I’ll be looking for potential Sells below 2153.000 targeting 4h Support around 2145.800 and 30min Strong Support around 2138.800. There is more clean traffic on the left for price to continue Bearish and correct the recent Buys.
OANDA:XAUUSD
by SalimFX20
2 Setups & 8 Trades / Scalping Trades Review #2 🚌Hello Traders, another Scalping Review video analysis! 8 Trades today (4/8 or 50% Win rate on the day). I traded 2 different setups today. - Fakeout Against the Trend (2 Trades ) and - Fakeout with the Trend (6 trades) .. I earned more today trading the latter.. typically, trading with the trend is not a bad idea and my results showed that today :) . Although, going against the trend can provide great Risk/Reward opportunities and so we cannot discount that setup. What are your thoughts on the Trading day review? Please leave your feedback below if you enjoyed/disliked the 2nd part of this video series, Scalping Trades Review.
by ShrewdCatfx
EurUsd Slightly Lower after Inflation Day 🎛️Hello Traders welcome back to another Top-Down Analysis of EurUsd. Today was CPI Inflation day and the market is about Break Even after the Day's trading. At One point EurUsd had depreciated in favor of the USD by about +.21% but we have since retraced .. possibly from profit taking and normal market movements. 0:0 Monthly Timeframe 1:51 Weekly timeframe 2:35 Daily timeframe 4:17 4Hr timeframe 5:55 1Hr timeframe We observed an increase during Asian session back towards our weekly level 1.095 that was duly corrected as is expected from an Asian session move. London session corrected the Asian session move back to near the open of the Daily candle where we observed a bounce prior to CPI inflation data news release. CPI whipsawed down dramtically as the numbers were better than expected for the dollar at 3.2% (better than the 3.1% y/y). This opposes the Fed's goal of 2% y/y so it'll be interesting to see if we continue to reject 1.095 Weekly level in the ensuing days after CPI release. Our First target for Shorts would be a retest of the Lows created today at 1.09092 and possibly we touch 1.08722 in coming sessions. The fundamental reason would be market particiaptns flocking into the dollar as a safe haven asset since the Fed is moving in the wrong direction, and away from its 2% y/y goal.
Short
by ShrewdCatfx
DXY Index will Go Down to next Support zone✅ DXY Index has succeeded in completing a Rising Wedge Pattern near the 🔴 Resistance zone($105.90-$104.64) 🔴. 🔨DXY also managed to break the lower line of the Rising Wedge Pattern and is currently breaking the 🟢 Support zone($104.30-$103.89) 🟢. 💡Also, we can see Regular Divergence(RD-) between two Consecutive Peaks . 🔔After breaking the 🟢 Support zone($104.30-$103.89) 🟢, I expect the DXY index to continue declining until the next 🟢Support zone($102.86-$102.420)🟢 . U.S.Dollar Currency Index ( DXYUSD ) Analyze, 4-hour time frame⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
TVC:DXYShort
by pejman_zwin
4
XAUUSD Technical Analysis 11th March 2024 1h chart– Last Weekly candle closed extremely Bullish breaking above the all time high formed in December 2023. Friday Daily candle closed strong Bullish around 2179.300. I’ll be looking for potential Buys above 2185.800 targeting 30min Resistance around 2194.000 and Strong Key Level around 2200.000. I’ll be looking for potential Sells below 2170.800 targeting 1h previous Resistance around 2162.500 and 1h Strong Support around 2154.000. As Gold has been extremely Bullish for last 9 Daily candles there is high probability for price to retrace and correct the move to at least around 2150s area.
OANDA:XAUUSD
by SalimFX20
EURUSD & DXY OUTLOOK | 4HDXY is kinda aligning with my bias. I personally think it will go for the imbalance and the gap will act like a base. For EU I'd look for shorts in the whole retracement zone. I have two POIs which I marked - 2WT & DBD. I always make sure DXY aligns with EU when I'm entering. Keep it in mind. The whole retracement zone is a big supply zone. I personally do not think that EU will exceed it but in case it does the same POIs will work as Demand - D>S. What do you think? 2WT = 2 Way Trap DBD = Drop Base Drop Supply Zone
by curtal
Xau/UsdHello traders! As we can see, the couple entered the channel scheme. All we have to do now is to wait for the confirmation to sell. I think that the max level is 2255.00. We have 2 versions: The first version is for the pair to go down directly to the quote where it is. The second version is for the price to reach the level of 2255.00 and then to fall. Patience is the key. Target 1950.00. Be careful! Don`t forget to look at the economic calendar! MAKE MONEY AND ENJOY LIFE 💰 THANK YOU! GOOD LUCK! 🙏🏻🙏🏻🙏🏻
OANDA:XAUUSDShort
by THP-Forex-Academy
Special Guest Intro / March NFP Top-Down Analysis 🎨Hello Traders! Today we were fortunate enough to have the ShrewdCatFx Illustrator make an appearance on the Air. Yes, it is that time of the month for NFP data! 0:0 Special Guest & Monthly Timeframe/NFP Expectations 2:32 Weekly Timeframe 3:43 Daily Timeframe 6:20 4Hr timeframe 8:27 1Hr Timeframe Numbers are expected to decrease over the prior period but growth is expected overall as 198K jobs are forecasted to have been created in February. The figure from ADP on Wednesday missed expectations slightly as 149K was expected and 140K was the actual figure. If the data tomorrow is better/more than 198K, then I'm anticipating a partial retracement of the increase we've observed so far this week. (Up 120 Pips this week) If the Data is close to what is forecasted (198K) or falls short of that number, then I anticpate a strong continuation move to the upside towards 1.09729 Daily Level and 1.09828 4Hr Zone. We may even moon towards the Monthly level 1.105. Otherwise, favorable numbers will cause a retracement (as previously mentioned) back towards 1.09039 4Hr Zone and 1.08834 Daily Level.
by ShrewdCatfx