WEEKLY ANALYSIS FOR 11/1/2020THIS WEEK IS ELECTION WEEK!!! 1) Go Vote and 2) we should see some interesting movement with the US Dollar. Ideally I would like it to continue to the up side since a Daily high was broken and I have a nice setup on EU, but it also does have the potential to get weak so I will wait until I have confirmation. The Yen didn't break the high I was looking at last week but it did come down and retest the 4H W and is chillin in that area so we shall see what happens this week. Bank Holiday tomorrow so I don't expect to see any real movement until Tuesday or Wednesday. With that being said, ideally I would like it to continue to the upside but if the US Dollar continues to get bullish, we might see some consolidation on UJ. Gold and SPX are showing some bearish vibes so I'll continue to look for selling opportunities this week post election cause honestly, I'm really not sure how it is going to effect those two. Let me know if y'all seeing what I am seeing. Have a great week of trading!!
J-DXY
Adding Instruments to TradingView Chart to Track CorrelationsQuick Tutorial video to show how I add and use other instruments like DXY and ES1! to track correlations across markets.
These correlations are a powerful confirmation to help identify behaviour across markets, to give confident in the forex or futures instrument you are trading.
I briefly mention Support & Resistance zones in this video. You can learn how I produce them in the recording of my recent live streaming class >>HERE<<
NASDAQ - US100 video top-down analysisHello everyone, here is the top-down analysis for US100, feel free to request any pair/instrument or ask any questions in the comment section below.
Best of luck!
#DXY #DollarIndex Important Levels To Watch - Trading PlanTraders, This is my trading plan for DollarIndex (DXY). Dollar has been moving upwards from 91 area as we expected and predicted in August 2020. Now it is simply retesting it breakout of the consolidation. So a little push upwards can make a huge difference. In this multitimeframe analysis based trading plan, we look at some of the important levels which can act as support and resistance and potential trade opportunity levels.
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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.
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DXY - Outlook 17 October 2020 - bullish **short term**Hi all traders,
This is a video analysis for dxy.
As always, i have informed some of the levels that are important towards your trading for dxy.
Hope it helps in your trading.
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#DXY #Dollar Complete Top Down Analysis, ForecastTraders, Here is our multitimeframe analysis on DXY (DollarIndex) . Dollar is falling because it could not close above last month's high and this sort of bearishness was expected. Lets see what sort of moves it can make.
If you found this idea useful, hit the like button and subscribe. If you have your own ideas to share on this market or have a question, comment below so that we can discuss.
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.
____________________________________________________
DXY - Outlook 8 October 2020 - Complicating USDHi all traders,
This is a video analysis for dxy.
DXY is gonna be volatile as the US election nears.
but we are also at an important levels where traders could make some pips trading it.
So take note of those levels i have explained in the chart.
hopefully you will take some trade off it and make some pips.
As always, do like and share this video analysis with all your friends.
Follow me on tradingview and leave a comment if u have any questions pertaining to this video analysis.
Cheers and thank you!
DXY US Dollar Index Initial Target Hit $94.40. Retrace & Resume?DXY
I published a chart for DXY at beginning of September(linked below). This video furthers the idea that DXY is in correction mode.
I propose that DXY will make a retracement back to its local trendline, using the 14% retrace of March-September Swing as support now.
Looking for potential bounce from there($93.32 area), then a resumption of the correction to the 38.2% March-September Swing($96.04)
In 2016, after President Trump was elected the DXY proceed to top out soon after in Jan. 2017, until it put in a bottom in Jan. 2018, in correlation to Bitcoin & Crypto Market Bubble.
I expect similar results for the coming election and DXY price correlation. I expect The Donald to win, thus in turn ending the correction for DXY, and resume its drawdown into 2021...If
a one year downtrend ensues for DXY at that point, perhaps we see another bubble for Bitcoin late 2021, early 2022?
What's is your thought? I'd love to know...
Thanks for checking out my analysis!
DXY - Outlook 30 Sept 2020 - Bears or bulls? You decide! =)Hi all traders,
This is a video analysis on dxy.
Currently bears are making some short term waves but do take note of some levels as explain in the video for you.
Click on the video and you will be made known of these levels..
Cheers and thank you!
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Have a nice day!
DXY - Outlook Sept 27 Sept 2020 - Bearish or Bullish? Hmmmm~Hi traders,
This is a video analysis on dxy,
Take note of all these levels i have explained in the video.
I have also attached the 23 Sept dxy video analysis which is still valid. There are some levels that i have explained then, and now it's still true and holding rather well.
Cheers!
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