J-DXY
US Dollar Index BULLS Into NON FARM PAYROLLS! Where to Next?Hi Everyone,
As you would be aware tonight is non farm payrolls and this means we are about to see the next movement for US dollar pairs and the index. Will the 20 moving average on the weekly hold it down similar to last time?
Good luck and see you all tonight live on You Tube!
Happy Trading,
Tom
EURUSD Is Breaking Down, USDCHF Moving Up & DXY Is StrongerTrader, here is my update on EURUSD, USDCHF and DXY.
Rules:
1. Never trade too much
2. Never trade without a confirmation
3. Never rely on signals, do your own analysis and research too
✅ If you found this idea useful, hit the like button, subscribe and share it in other trading forums.
✅ Follow me for future ideas, trade set ups and the updates of this analysis
✅ Don't hesitate to share your ideas, comments, opinions and questions.
Take care and trade well
-Vik
____________________________________________________
📌 DISCLAIMER
The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of education only.
Not a financial advice or signal. Please make your own independent investment decisions.
____________________________________________________
US Dollar Index showing signs Of Bullish Breakout! Inverse H&SHi Guys
I have been following this setup on the USDX for some time around the idea of an inverse head and shoulders pattern breaking at the 91.00 zone. This break would signify further bullish momentum is to come and a potential risk off movement throughout all investments. Another interesting fact is that the inverse head and shoulders pattern has already broken out on other cross pairs such as USD/CHF! Is this possibly showing a sign of things to come?
Is Dollar (DXY) A Buy Now? Traders, Dollar has been finding its footing in the market. 2021 is expected to be bullish for the dollar with ups and and downs obviously. In this analysis of DXY lets see what levels and FCP (Fibonacci Confluence Zones) are important for the dollar. Even if you are not trading dollar you must watch this analysis so as to get an idea on how it can impact other asset classes because everything that you trade is directly or indirectly dependent on the dollar.
Rules:
1. Never trade too much
2. Never trade without a confirmation
3. Never rely on signals, do your own analysis and research too
✅ If you found this idea useful, hit the like button, subscribe and share it in other trading forums.
✅ Follow me for future ideas, trade set ups and the updates of this analysis
✅ Don't hesitate to share your ideas, comments, opinions and questions.
Take care and trade well
-Vik
____________________________________________________
📌 DISCLAIMER
The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of education only.
Not a financial advice or signal. Please make your own independent investment decisions.
____________________________________________________
Ichimoku Fundamentals: The Cloud and the DollarInspired by serendipitous events today I wanted to make this video about Ichimoku and how it can be used to analyze and confirm price trends. I use the TVC:DXY as an example because it is of topical discussion by everyone.
In this video I show how to use the most prominent feature of Ichimoku, the Ichimoku Cloud, in tandem with the Chikou as momentum to confirm price trends as they are about to change.
Detailed Analysis on DXY and All USD PairsHere is a detailed video analysis on DXY, EURUSD, USDJPY, USDCAD, GBPUSD, AUDUSD and NZDUSD!
Hello everyone, if you like the idea, do not forget to support with a like and follow.
Feel free to request any pair/instrument or ask any questions in the comment section below.
Best of luck!
The Most Detailed DOW JONES Analysis - Full Strategy Inside!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Here is the top-down analysis for DOW JONES, feel free to request any pair/instrument or ask any questions in the comment section below.
Best of luck!
BITCOIN: What's driving it? Is 30,000 in sight?In this video I show my theory on what's probably happening with BTCUSD.
It appears that Bitcoin is being used to hedge against the US Dollar crashing.
$22,000 is certain in sight and who knows it could get to $30,000 sooner than anyone might imagine.
I still think that BTC is too volatile for my liking and therefore I've stayed out. I've been happy to avoid FOMO. I've lost nothing.
I think that many will profit from a possible further charge north. But there is also still a risk that it BTC could reverse significantly.
Best wishes for the Christmas period 🎅and have a Happy Prosperous New Year. 🥂🎁
DAX video top-down AnalysisHello everyone, if you like the idea, do not forget to support with a like and follow.
Here is the top-down analysis for DAX, feel free to request any pair/instrument or ask any questions in the comment section below.
Best of luck!
Explain why M2 Money and DXY shrank while SPX remained high?An interesting thing happened in the last 2 weeks of November.
Money Supply: United States people fled to cash by converting M2 money stock (savings, investments, money market) into M1 (checking and cash).
Dollar: Foreign investors presumably sold off dollar assets bringing DXY down around 2% in the month.
To recap: The money supply indicates that US people sold stocks and bonds. The Dollar decrease indicates that foreign investors sold stock and bonds.
Explain to me, then, how SPX remained elevated? How is it doing that?
DXY - SELL Update Trade update for a short sell recommendation on the DXY (U.S Dollar Index)
The Dollar is structurally weaker across the markets based on the following fundamentals.
1.) Lower interest rates in the U.S no longer makes the U.S Dollar an attractive high yielding currency.
2.) Negative $1trillion current account balance.
3.) $2 Trillion Fiscal stimulus package in 2021 will put further downside weakness on the U.S dollar.
We have a downside target of $88.00
Dollar is dropping. It's a price of 4 tri money printYou will learn the best place where we can trade this instrument at low risk.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.