16th July DXY: Look for price to retest 104 round number support. Look for reaction at support. If BAD retail sales, price could break 104 to trade down to 103.50 NZDUSD: Look for reaction at support Buy 0.6065 SL 20 TP 55 OR Sell 0.6040 SL 20 TP 55 AUDUSD: Buy 0.6750 SL 25 TP 50 USDJPY: Sell 157 SL 50 TP 120 GBPUSD: Buy 1.30 SL 20 TP 90 EURUSD: Buy 1.0925...
Expect continued #DXY weakness and corresponding risk on moves across the board The Pound is a good example that has already triggered a Bullish upside move. Yet still has decent room to move on up. #GOLD #BTC #STOCKS can continue ripping with the tailwinds of #Dollar softness.
Simple trading - Consolidation Let's take advantage of a potential Weekly swing! Below is the weekly chart showing a potential zone for the price to bounce back and forth between the monthly highs and lows. EURUSD has already poked above the previous week's high. wait for the price to pull back and test the PWH and we can sell confidently with strong bearish...
Gold has been bullish for the month of July, price action is observed. Trading is reactive and not predictable, use proper risk management and Happy trading. OANDA:XAUUSD FOREXCOM:XAUUSD EIGHTCAP:XAUUSD
FX:XAUUSD is in the consolidation stage. The morning session was extremely quiet amid the absence of Japan in trading, as well as after Saturday's news. Traders are waiting for Powell's speech at 16:30 GMT. The market was expecting that Trump's assassination attempt in Pennsylvania could have a strong impact on gold as a hedge asset, but the market did not...
Pair : DXY Index Description : Bullish Channel as an Corrective Pattern in Short Time Frame and Breakout of Lower Trend Line Break of Structure RSI - Divergence Completed " 12345 " Impulsive Waves Demand Zone as Support
yesterday after the cpi xauusd breached major resistance zones and touched our bullish target of 2421 extending up to 2425. TODAY we have explained the possibilities of our market in video section. And we will bisect the major support resistance point along with pivot. ⬛PIVOT...
15th July DXY: Needs to stay below 104.50 to remain bearish, look for completion of retracement to retest 104 round number support level. NZDUSD: Buy 0.61 SL 20 TP 50 AUDUSD: Sell 0.6785 SL 20 TP 55 USDJPY: Sell 157.50 SL 60 TP 160 GBPUSD: Buy 1.3020 SL 30 TP 70 EURUSD: Sell 1.0875 SL 20 TP 65 (Hesitation at 1.0850) USDCHF: Looking for reaction at 0.89...
DXY D1 This really wasn't the expectation of the market open we were anticipating. Given the Trump assassination attempt, I was expecting some more market uproar, for US stocks to fall and XAUUSD to climb. As you would expect from typical risk off markets. The reason for this, is market uncertainty and follow up headlines. That being said, we are very early on...
FX:XAUUSD updates high to 2424 amid favorable news. Buyers are returning with the belief that the dollar will continue to fall on the back of the imminent interest rate cuts. CPI indicates significant easing of inflationary pressures in June. Annual inflation fell to 3%, the lowest rate in a year. This report provides evidence to the Fed that inflation is...
Take a look at our analysis for DXY. Time Frame: 9h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a key horizontal level 105.509. Considering the today's price action, probabilities will be high to see a movement to 105.081. P.S The term oversold refers to a condition where an asset has...
US Dollar Index (DXY) is reacting off the support level and could rise to the upside.
Natural Gas stock Bulls PEPPERSTONE:NATGAS Support & Resistance Guide AMEX:UNG Stock Forecast AMEX:USO Oil Stock Forecast TVC:DXY US dollar Stock Forecast Gold OANDA:XAUUSD Stock Forecast Silver OANDA:XAGUSD
XAU (Gold) Following last week's markup, the hourly new bullish directional bias played perfectly into the bias we provided on Wednesday for the bullish hourly range to hold. We now have a new 4-hour high and low, which gives us another bullish range heading into this week. The options we have for this week are: The price liquidates our high, pulls back into...
DXY Analysis: Potential Bullish and Bearish Scenarios Overview: This analysis of the U.S. Dollar Index (DXY) on a 4-hour timeframe outlines potential bullish and bearish scenarios based on price movements and key levels. Bullish Scenario: For a bullish continuation, we need to see: Corrective price movement in the area of the blue box. An impulsive move above...
My DXY bias this week is to generally expect a greater downside. I anticipate a small retracement back up before making a new low. Given the recent significant news and the incident involving Donald Trump, we should be cautious and avoid trading at market open, as a major move or spike is likely due to its impact on the US economy. Once the market settles, we...
Welcome to another R2F Weekly Market Analysis using ICT Concepts along with my own discoveries. I'm going to go through various assets/markets, and give a real-time view of how I perform my analysis on the weekends. I'll give my take on what has been happening, and what I'm expecting in either the coming days, weeks, or months. Without further ado, let's get into...
Trading Idea Breakdown for USD Index (DXY) Chart Overview: Time Frame: 4-hour and 1-hour charts Instrument: U.S. Dollar Index (DXY) Key Levels and Zones: Daily High: Level: 112.304 Significance: Significant resistance level from previous price action peaks. Weekly LQZ (Liquidity Zone): Level: 108.007 Significance: Key zone where price has shown notable...