The SEC targeting Binance is a major blow to the biggest crypto exchange. BTC lost more significant levels than ETH which managed to bullishly hold structure. Both the NQ and SPX are significantly up with the beginning of some failing structure however a bit early to confirm. The DXY had a breakdown last week which bullishly back tested its yearly open...
Today's focus: USD Index Pattern – Continuation Possible targets – 105.60 Support – 103.40 Resistance – 104.20 Today’s update is on the USD index. Do we have a new uptrend? For us, we want to see resistance beaten. If we can see a break, this could set up a new move to 105.60 and a break of that level take price out of its consolidation range and gets an uptrend...
Looking at climatic reversals in EUR/USD and USD/JPY, if US 2 years roll down then markets caught long USD here into a debt deal
I took DXY out on a date to see how she was doing because lately she's been too hype and hasn't let up — well actually that's all she's been doing is going up. smh I just want her to relax, calm down (literally), and let me do the going up (in my bank account). LOLOLOLOLOL
RESISTANCE @ 116.82 — a break above this level would indicate an uptrend SUPPORT RANGE 101.635 to 105.005 — now that Price Action (3W) has opened/closed below this range I'm anticipating a continuation of the downtrend SUPPORT @ 90.80 — if Price opens/closes below 89.66, it should continue the downtrend; however, it's highly unlikely to break below.
Hi Traders, Investors and Speculators of Charts📈📉 Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year 🏫 Today's analysis is a little more economic-financial, and we dive into three main assets - Gold, BTC and DXY (money). Remember that being...
Hey there, so this week we are looking at the dollar and discussing why we could potentially see a stronger dollar in the coming few weeks. So check out this video and let me know what you think.
Hello Traders! We can see the dollar gain strength. Looks like it is following it seasonal bias for May.
Hello Traders! Dollar has moved back above May opening price. We have left a discount range and could see the strong dollar push possibly.
Hello Traders! I am still bullish on UJ. The fact that a higher swing low has formed under May's opening price is a good sign.
Hello Traders! Once again this setup has formed. Hope you enjoy.
Hello Traders! I am still bullish on Dollar which means bullish UJ. So far the market is setting up to go higher.
Traders, Bitcoin has reached the end of a very important triangle. It's time to make a decision. This week we should find out if: 1) Bitcoin breaks up and beats our 30,500 resistance, or 2) Bitcoin drops from our triangle and retests our C&H neckline at 25,300 We are going to dig into the charts for a few more clues and I want to show you the charts that are...
In this video we look at the #DXY dollar index and analyse its potential trend reversal. The daily timeframe shows a pattern of higher lows and highs, with a clear formation of a bottoming structure. Throughout the video, we will discuss the current market conditions, including price action, market structure, and the trend, and identify a potential swing trade...
Hello Traders! Tomorrow is NFP and I advise you to leave it alone if you are not a seasoned trader.
Hello Traders! As we can see price pushed back into the BISI. Looking for price to find a swing low formation. I would suspect commercials are buying in these down days.
Hello Traders! This is my thoughts for the day. I would like to see a higher swing low. Wednesday or Thursday can be the of the week.
Hello Traders! Welcome to the new month of May! Here is my stance on UJ. Ideas: IPDA, COT, Hedge Program, Seasonality, Futures Chart.