EURUSD BREAKING OUT !!!12 AM 1hr candle is red indicating the bullish set up out of the MZ.
Price broke out MZ structure came back and retested now the BUY is engaged.
Take the Buy to the target zones which are the extreme levels of the ADR.
DXY is falling after Jerome's speech yesterday:) (That's his job to contain the GREENBACK! Typically over the last year when Jerome speaks the DXY cools down.
This causes all US bases pairs to go up.
Let's see how price follows the script today.
#SniperGang
Dxyshort!!!!!!!!!!!!!
Price Anticipation for DXY 4hr TFWhat is your projection for the direction of DXY's price?
Yesterday, the trendline was breached, and I was monitoring to see if the minor key zone would hold and close below it. Today, the market displayed a bearish trend, and I anticipate that the price will reach 103.854 before experiencing a pullback. If the 4-hour key zone is broken, we may witness further downward movement of DXY.
However, it is essential to keep in mind that market reactions may change depending on the release of fundamental news.
DXY H4 ZONE MARKINGWe have an analysis of DXY H4 zone marking
According to this analysis, we have found that Dollar is a bullish move because of price is moving above the (200MA & 50 EMA) golden cross-over price also tested the trendline 2 times for more information we marked the Demand & supply zone which is mentioned in the downside
Demand zone1@ 104.563 to 104.397
Demand zone2@ 103.676 to 103.492
Demand zone3@ 101.863 to 101.519
Demand zone4@ 100.962 to 100.761
Supply zone @ 105.536 to 105.738
With this analysis, you will be able to find your most profitable trade. EnclaveFX does not recommend that you buy or sell this assist. We do not take any responsibility for your profits & losses. EnclaveFX believes in enhancing the knowledge of our clients & followers
EURUSD STILL BULLISH!When price does not reach it's full ADR. Typically price will reach for the previous day's High or low the following day.
This is the scenario we see taking place right now.
Set a Tight Stop Loss and let price reach for yesterday's high.
We are at Macro Pivot Point Areas so price should take off soon.
Never over leverage.
Trust your set up.
Have fun!
Everybody eat$
I AM Trading Made Simple.
Master Jedi & Sensi of #SniperGang
DXY 4hr bearishThough i was expecting DXY to get to the resistance key zone marked in yellow above before retracement, but price broke the support of the trend line and it has closed below. I'm changing my bias to a bearish move except market conditions change due to fundamental news in the next few days
dxy !!dxy is here at a key level once again a break here we could see another push down to that 104.4 level first then 104.200 area and if it fails to break back up we could see continued downside
on the flip side if it holds here we could see the dollar get strong
but at the moment its still a bit bearish so there will be some nice usd trade setups
dxy deciding areai want to see how dxy plays out but if the 104.800 level holds we could see a nice move to the upside if not we will see a test of bigger time frame order block which would a nice pull back for a possible move up either way im waiting on price development market is getting ready for some nice size moves
dollar index update!I am super bullish with dollar index.
Wallstreet corporation banks are fighting with FED despite that Powell's pessimistic speech afterward.
Fear and Greed index became GrEEEEEEED now :)
Extreme greed will appear soon.
then
Extreme fear will begin.
USA CPI data was low as expected. but we have to watch oil price and China's re-opening.
Inflation is a beast that we can't kill at once.
DXY ( High Probability SELL Setup SOON )* Here we can see clearly the next moves for USD index ( DXY ),
* We can see clearly the Bearish Divergence on the RSI indicator,
* This shows us more confirmation for our U.S. indices Strop Bullish Move,
* We're using H2 time frame for a clearer view of our analysis, hence we can't predict the duration of our analysis to occur,
* Keep a close eye on U.S. indices coming days & weeks,
* Happy pip hunting traders,
* FX KILLA.
dollar index possible dobule bottomI was very bullish with dollar since 100-102 point
I was expecting it to reaches to 106 immediately but the chart seems want to make more remarkable pattern to stabilize the bullish movement.
So I analyze that major will make some doble bottom before it goes up and smash the above 106 point :)
so I am short term bearish with dollar and long term bullish.
MACD needs more power to create bigger move.
DXY POTENTIAL SELL OFFAs u always state trading is a game of probability. so with that being said there is a possibility that IF the DXY fail to make it pass the (Drop base Drop) supply areas then we will continue to see Dollar selling pressure coming soon. NOT quite sure if this will tie into a recession or the next major thing like interest rates coming down but its worth seeing for XXX/USD continuations IF this setup happens.