Get started

Indexes

MarketBreakdown | EURUSD, USDJPY, Dollar Index, USDCHF Here are the updates & outlook for multiple instruments in my watchlist. 1️⃣ EURUSD daily time frame 🇪🇺🇺🇸 The pair broke and closed below an important rising trend line, it makes me think that the market may go lower before the FOMC. 2️⃣ USDJPY daily time frame 🇺🇸🇯🇵 The market reached a key horizontal structure resistance. Taking into consideration the fact that the market is quite overbought, we might see a pullback from that structure. Alternatively, its bullish breakout may initiate a strong bullish wave. 3️⃣ Dollar Index (DXY) daily time frame 💲 The Index formed a cup and handle pattern and currently testing the neckline. A bullish breakout of that and a daily candle close above will confirm a bullish reversal. 4️⃣ USDCHF daily time frame 🇺🇸🇨🇭 The pair broke a solid falling trend line and heading towards a key horizontal resistance, forming a huge double bottom on a daily. A bullish breakout of its neckline will initiate a bullish reversal. Do you agree with my market breakdown? ❤️Please, support my work with like, thank you!❤️
Short
by VasilyTrader
7
Dow Jones Index (US30): The Market Will Go Higher 📈 On a today's live stream, we discussed Dow Jones Index. We spotted an inside bar formation, being formed on a key daily structure resistance and a confirmed bullish violation of the upper boundary of the range of the mother's bar. It is a very important bullish clue. Probabilities will be high that the Index will keep growing. The next goal for buyers will be 34175. ❤️Please, support this video with like and comment!❤️
ULong
by VasilyTrader
7
DOLLAR INDEX (DXY) Potential Scenarios Explained 💵 Dollar Index is approaching a resistance line of a falling parallel channel on a daily. Depending on the reaction of the price to that, I see 2 potential scenarios. Bearish Because the index is currently trading in a bearish trend, probabilities will be higher that it will drop. To confirm that, watch a horizontal range on 1H time frame. If the price breaks and closes below its support, it will confirm the strength of bears. A bearish continuation will be expected at least to 101.5 then. Bullish The market may break the resistance of the channel. If a daily candle closes above that, it will confirm the violation. A bullish movement will be expected to 103.0 level then. Wait for a confirmation & then follow the market. ❤️Please, support my work with like, thank you!❤️
TVC:DXYShort
by VasilyTrader
6
Dollar Index (DXY): Bearish Outlook Explained💲 Dollar Index is trading in a minor bearish trend on a daily. The market is steadily falling within a falling parallel channel. The market is currently approaching a very important confluence point based on a resistance of the channel and a broken horizontal resistance. I believe that chances will be high to see a bearish move from the underlined zone to 101.0 level. Alternatively, remember that a bullish breakout of the resistance of the channel will initiate a correctional movement on the index. ❤️Please, support my work with like, thank you!❤️
TVC:DXYShort
by VasilyTrader
11
Trading the Triangle: S&P500 is Bullish and Target New HighsHuge triangle in formation on the S&P500. The short term indicators are bullish: we are above the 150 day and 200 weeks moving averages, both being used as support when price is above them. Price has been contracting last few weeks and traders are waiting to pick a direction. The bearish target would be 2700$, a price we didn't see since the sanitary crisis. The bullish target would be a new all time high at 5270$. Let's see.
SP:SPX
by cyatophilum
3