US released better than expected data and pushed the market up into the next resistance zone. one more chance for shorts but if 103.35 breaks its time to rethink the bearish bias "DXY is showing bearish momentum in the intraday charts, with the price encountering resistance and struggling to maintain recent highs. The indicators reflect a downward trend,...
In today's session we are monitoring dxy for selling opportunities. First entry at 101.925 and second one at 102.030. Targets as low as 101.605 and stops above 102.135. For the beginners this also means we are bullish on EURUSD and GBPUSD and GOLD as well. Use proper risk management.
In today's session we are monitoring EURCAD for buying opportunities. First entry at 1.50933, stops below 1.50739 and targets above 1.51472. Use proper risk management.
This 1HR chart is a lead on from my 12H and 4H analysis which I have already posted. As this is the final wave (Wave 5) marking the end of the CURRENT bullish cycle, before a temporary retracement occurs, it's likely this final phase will play out very slowly, in order to trap in early sellers and shake them out.
Gold is pretty much about to reach our buy target which I called for you all live last week😍 Price is up 720 PIPS so far from our Wave V, with roughly another 140 PIPS towards our $2,516 target. Everyone in this channel should be in buy positions right now!
DXY finally hit our target under the 102.00 zone. Since 1 August, DXY has dropped continuously. Right now we are looking for a reversal pattern near the 101.4-101.8 zone. our view has been negated if the price breaks below the 100.650. Our technical view has been shown in the chart. If you like it then Support us by liking, Following, and Sharing. Thanks For...
Gold still going to push higher, in today's session we are monitoring gold for more buys. First entry at 2503, stops below 2495, target 2525. Use prop risk management. Best of luck
20th August DXY: Retracing, needs to stay below 102.10 for continuation to downside. Below 101.80 could trade down to 101.45 NZDUSD: Buy 0.6165 SL 20 TP 50 AUDUSD: Buy 0.6735 SL 25 TP 60 GBPUSD: Look for reaction at 1.3040 resistance EURUSD: Could retrace down to 1.1045, Buy 1.1055 SL 20 TP 70 (hesitation at 1.1090) USDJPY: Sell 146.80 SL 40 TP...
Dollar Index has a nice potential to continue a selloff. The price has just violated a neckline of a descending triangle formation on a daily. The market may reach 101.4 level soon. ❤️Please, support my work with like, thank you!❤️
Silver is above the EMA200 and EMA50 in the 4H timeframe and is trading in its descending channel If the upward movement continues and silver is placed within the specified supply Zone, we can look for silver sales situations Correction of silver towards the specified trend line, which is also in the intersection with the demand zone, will provide us with a good...
The Dollar Index (DX1!) has been in an uptrend since the spring-summer of 2008, when it reached its lowest point. Since October 2009 (after the first leg down of the uptrend), whenever the net positions of retailers in the CoT report turn negative (or approach zero) AND retailers reach an extreme low in the CoT index (either in the short-term OR long-term), a...
The DXY is currently in an 8-hour imbalance, which could give us an initial bullish reaction. Although price has already broken structure to the downside and shown strong bearish pressure, I expect this bearish momentum to weaken. Once price reaches the 14-hour demand zone, I will be looking for a stronger bullish reaction back up. If price retraces from either...
Pair : DXY Index Description : Falling Wedge in Short Time Frame Completed " 12345 " Impulsive Waves and " ABC " Corrective Waves Demand Zone RSI - Divergence Symmetrical Triangle as an Corrective Pattern in Long Time Frame
Here is our detailed technical review for DXY. Time Frame: 9h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a key horizontal level 102.207. Considering the today's price action, probabilities will be high to see a movement to 103.310. P.S We determine oversold/overbought condition with RSI...
Hi fellow traders, DXY is ready to make a move lower from the blue box after completing the ABC correction. Target the 102.45 level and move your stoploss to break even as soon as we reach the ‘Risk free zone’. Good luck and trade safe!
19th August DXY: Looking for reaction at 102 support, needs to stay below 102.35, beyond 102 could trade down to 101.45 NZDUSD: Buy 0.61 SL 20 TP 50 AUDUSD: Buy 0.6720 SL 25 TP 75 GBPUSD: Retest 1.29 Buy 1.2915 SL 25 TP 55 EURUSD: Sell 1.0985 SL 25 TP 90 USDJPY: Wait for retracement to complete, Sell 146.80 L 40 TP 150 USDCHF: Sell 0.8610 SL 20 TP 50...
Dxy Breaking Long Consolidation Of Symmetrical Triangle Successful Breakout Can Lead Bullish Wave In Eur Gbp Nzd Aud In Next Days Keep Eyes On That
FX:XAUUSD is strengthening after retesting support at 2440 and false breakdown, heading towards ATH. Buyers are keeping the market from falling, forcing the price to bounce off the local range support. It is worth emphasizing the strong bullish trend and continued retests of triangle resistance, which only increases the chance of a breakout and upside. The...