Get started

Index

DXY US. Dollar Index | Down Trend Lower Lows and Lower Highs are technical patterns that are commonly used in chart analysis to identify potential downtrends in the DXY US Dollar Index. A Lower Low occurs when the price of the index reaches a new low during a given period that is lower than the previous low. This suggests that the price is continuing to trend downward. A Lower High occurs when the price of the index reaches a new high during a given period that is lower than the previous. This suggests that the price is struggling to get higher levels and may be trending downwards. These patterns can be used by traders and investors to identify potential selling opportunities or confirm existing US dollar downtrends. However, they should be used in conjunction with other forms of analysis and not relied on exclusively. Fibonacci retracement is a popular technical analysis tool used to identify potential levels of support and resistance in financial markets. The tool is based on the Fibonacci sequence and retracement levels are calculated using ratios derived from this sequence. When applied to the DXY US Dollar Index, Fibonacci retracement levels can help identify potential areas of support and resistance. For example, a common retracement level is 50%, which represents a potential area of support or resistance at the halfway point between a market's high and low. If the DXY Index is in a downtrend, a trader might look for potential buying opportunities near a Fibonacci retracement level, such as the 38.2% or 50% level, which could represent potential areas of support. Conversely, if the DXY Index is in an uptrend, a trader might look for potential selling opportunities near a Fibonacci retracement level, such as the 38.2% or 50% level, which could represent potential areas of resistance. It's worth noting that Fibonacci retracement levels should not be relied upon exclusively for making investment decisions, and should be used in conjunction with other forms of analysis and risk management techniques. Follow me for more Ideas.
TVC:DXYShort
by awaisulabdeen
JPN225 Index: Long Entry Opportunity after Touching ResistanceGreetings, fellow traders! Today, we'll take a closer look at the JPN225 index . On the four-hour timeframe, we can see that the index has recently touched its resistance level and is now retracing. This presents a potential opportunity to enter a long position in anticipation of a bullish move. My analysis suggests that the index is likely to continue its upward trend soon, providing a profitable trading opportunity. As always, we remind our readers that this view is for educational purposes only and should not be taken as trading or investing advice. We recommend consulting with a financial advisor before making any investment decisions. Remember, in trading, price is the king of the market. Thank you, and happy trading! Regards, Alpha Trading Station
BLACKBULL:JPN225Long
by AlphaTradingStation
Gold Spot (XAUUSD) Likely To Break Below Support... ($1690)Gold Spot (XAUUSD) is now testing the ~$1850 support level... This level is likely to fail. Our focus goes to cryptocurrency, Bitcoin but mainly Altcoins... We are seeing Gold, BTC, and the SPX moving in many similar ways. Here XAUUSD is testing a support level that is likely to break. On this correction/drop, we are likely to see $1690 as the final support level before more up... We have chances of seeing higher prices right away but I don't think this is how things will go. We will have a very nice/strong correction for a few months and then Gold, Cryptocurrency, Bitcoin, and the Altcoins will again move up strong. Namaste.
OANDA:XAUUSD
by MasterAnanda
7
ROKU ROKU - Where Are You? 🔍 Analysis #32/50Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. on WEEKLY: Left Chart ROKU is stuck inside a range around support and round number 50.0 so we will be looking for buy setups on lower timeframes. on DAILY: Right Chart 🏹 For the bulls to take over, we need a momentum candle close above the last major high in gray around 75.0 Meanwhile, until the buy is activated, ROKU can still trade lower till the 50 support again. 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
NASDAQ:ROKULong
by TheSignalyst
9
NAS100$NAS100USD/QQQ are relatively the same pair and since that's the case i'm basing my bias off of the movement of the DXY which was bullish and is now becoming bearish. When one goes up the other goes down and vice-versa. I'm looking for NAS100 to move to the upside. Disclaimer: This is not trade advice. Trading foreign currencies, stocks, indices, etc can be a challenging and potentially profitable opportunity for investors. However, before deciding to participate in the financial markets, you should carefully consider your investment objectives, level of experience, and risk appetite. Most importantly, do not invest money you cannot afford to lose!!! Good luck and Happy trading!
OANDA:NAS100USDLong
by DTradesFX2
Quick Market Scan with some Trade ideasGood evening fellow ones We have been having an interesting start to the week, with precious metals and crypto pumping to new higher highs. In this quick scan, I will be talking about the current market shape and what my thoughts are on market development in the coming days or weeks. We will be covering the following assets: - Gold with an analysis - SP500 with an analysis - Bitcoin input Please make sure to leave a like or comment if you enjoyed this vid. Would be greatly appreciated! All the best CH
FOREXCOM:XAUUSD
by TraderCHgold
Impulsive Elliott Wave Decline in FTSE Calling More DownsideFTSE ended cycle from 3.16.2020 low with wave I at 8047.06. The Index is now in the process of correcting this 3 year rally in wave II. The internal subdivision of wave II is unfolding as a zigzag Elliott Wave structure. A zigzag structure is a 5-3-5 structure with ((A))-((B))-((C)) as the label. Wave ((A)) and ((C)) in this case subdivides into 5 waves impulse. In the 1 hour chart below, FTSE is still within wave ((A)) of II with subdivision as 5 waves. Down from wave I, wave 1 ended at 7978.61 and wave 2 ended at 8020.13. The Index then resumes lower in wave 3 towards 7870.39, and wave 4 ended at 7949.97. Final leg lower wave 5 ended at 7854.82 which completed wave (1). Rally in wave (2) ended at 7976.48 with subdivision as a zigzag structure. Up from wave (1), wave A ended at 7950.69 and pullback in wave B ended at 7875.03. Wave C higher ended at 7976.48 which completed wave (2). The Index resumes lower in wave (3). Down from wave (2), wave 1 ended at 7897.45 and rally in wave 2 ended at 7959.77. Expect the Index to extend lower 1 more time to end wave 3, then it should rally in wave 4 and extends lower again. Near term, as far as pivot at 7976.48 high stays intact, expect rally to fail in 3, 7, or 11 swing.
TVC:UKX
by Elliottwave-Forecast
QQQ Nasdaq 100 ETF 2023 Forecast. CPI Report PredictionAfter the last price target was reached: My timeline for QQQ Nasdaq 100 ETF after the CPI report on Feb 14 is this: 1. CPI data will come better than expected. The medium forecast in 6.2, I expect 6 - 6.1. - The market will be exuberant afterwards and QQQ will reach $317 by March 1st, thinking that the FED won the fight against inflation . 2. While inflation continues to be sticky in March, the FED will continue increasing interest rates and won`t stop until something cracks in the economy. Another 25bps increase. - The market is expected to react and the QQQ will reach $288. 3. The year will end in a positive note, the was in Ukraine will end and the supply chain disruption that was one of the factors of high inflation , will be restored. Inflation down to 3%. My prediction for QQQ by the end of the year is $332, a 25% increase YOY. Looking forward to read your opinion about it!
NASDAQ:QQQLong
by TopgOptions
1