Hello this is my forcast on DXY. i see the Dollar taking Previous Year Low . elections coming up trade safe feel free to share with me your opinions.
In todays session we are monitoring GBPAUD for sells. Our first entry is at 1.94866 current price, our targets are 1.93525 and stops above 1.95372. Use proper risk management.
Pair : DXY Index Description : Completed " 1234 " Impulsive Waves CHoCH Bearish Channel as an Corrective Pattern in Short Time Frame Fibonacci Level - 50.00% Impulse Correction
Hello my wonderful community ! it’s been a while I posted. I really appreciate you guys for reviewing my charts Kindly like and comment on how you feel the market will go , I’m open to learn and communicate with other hardworking traders on here. The colors for each line/zone Monthly - Yellow Weekly - Orange Daily - Green 4H - Red 1H - Purple My Monthly...
Take a look at our analysis for DXY. Time Frame: 12h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is trading around a solid horizontal structure 101.728. The above observations make me that the market will inevitably achieve 100.553 level. P.S Please, note that an oversold/overbought condition can last for...
👀 👉 The DXY and NAS100 are currently at pivotal points, with price action flashing caution signals. The DXY is probing key liquidity levels, while both DXY and NAS100 are showing signs of structural shifts in their trends. It could be prudent to approach the market cautiously today, waiting to see how the USD develops during the New York session and into...
Welcome to our daily DXY prediction! We made our analysis today using SMC and ICT trading theories, which, combined with our trading experience all point to the upside. So we are locally bullish biased and the target for the long trade is 101.820 Wish you good luck in trading to you all!
4H Corrective approach towards entry zone. = Sell limit. 0.7% risk. Aiming to take full profit at Daily TP.
2nd September DXY: Within the bullish channel, (upside) could trade up to 102 resistance, needs to break 101.80. Downside only if price breaks below 101.50 (23.6%) NZDUSD: look for reaction at 0.6220, Sell 0.62 SL 25 TP 60 AUDUSD: Buy 0.6810 SL 20 TP 40 GBPUSD: Sell 1.31 SL 40 TP 65 EURUSD: Look for reaction at 1.10 round number support level USDJPY: Look...
The XAU/USD pair on the H1 timeframe presents a Potential Selling Opportunity due to a recent breakout from a Ascending Triangle Pattern. This suggests a shift in momentum towards the downside in the coming hours. Possible Short Trade: Entry: Consider Entering A Short Position Below the Broken Trendline Of The Triangle After Confirmation. Ideally, This Would Be...
DXY can see some correction to the upside and reach 102.5 or even climb up to 103.5 before September 18, 2024, which, most probably we'll see the first rate cut after a long time. So be patient and wait for this week's NFP. Check out my post on June 11 to see how DXY followed our yellow scenario. 😉
1 Day Time frame Dollar has been bearish for a couple of days how, ever after reaching a major support zone last week, Dollar bounced back from the support and its currently on a minor uptrend Dollar: 4hr Time frame When i spotted the double bottom last week, i knew there is a high probability for dollar to rise from this support. This week, i expect dollar...
This a short trade idea I have for the USDCHF. It is pretty straight-forward. Trade back into a Weekly iFVG and SIBI then move lower from there. First target is the immediate swing low, and the second target is the older low to the left. Entry somewhere in the gap, and stoploss above the high that entered the previous SIBI. Sometimes I feel as though I should...
DXY analysis 1/09/24💵 Few things about it: DXY is oversold and it has 4h and daily FVG higher + It just tested the bottom of the global range (almost 2 years in consolidation), and most likely it will bounce till dFVG, On 15m and 1h time frame, DXY has an uptrend (MS( ChoCH) and BoS) until the uptrend on 1h is not broken I will not consider reversal on DXY DXY...
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USDCHF is currently in a 5 wave impulse. Elliott wave theory suggests that if wave 2 is a simple correction, it is likely that wave 4 will be somewhat complex. From the looks of things, we are seeing an expanded correction for wave 4. We are expecting wave C to complete at the local highs where we got the 0.5 fibonacci. Trade Idea: - Watch for wave C completion...
DXY long idea: Waiting for a pullback then going long to 102.5 area.
In #dollarindex chart, #dxy intends to reclaim the support zone that was already broken. If TVC:DXY succesfully reclaims the zone, then i expect this bullish diamond pattern to play out greatly!. If plays out, all markets - #nasdaq #stocks #crypto will have blood bath in mid term. Not financial advice.