Dollar is now in corrective path and after this fall has a up trend to breathe and after that continue it's path to 97
Next Hours I See Some Bearishness On DXY, Dollar Index . Up to the First Target as On The Chart
while dxy making its lows , eurusd seems to be in a consolidaton due to seasonal reason. Dont force any trades if you dont kn what your doing. Shows that price is touch ict ob on the 4hr, will it want to go higher with a bullish trend ? not calling the top as yet on this pair.
we will see 128k 2024/2025 if you have in 2005 if you have 10k$ now ypo can buy 2 big mac with it if you have 10k gbp now you have 7.8k if you have 10k eur now you have 7.2k if you bought 10k gold you have 60k if you bought 1$ btc now you have 16k lolllll
the bullish momentum in dxy/ bearish momentum in eur slowed down significantly most recently, this probably correlates with "an end in sight" of the FEDs interest rate hikes. nevertheless there are more hikes to come and we havent seen US10y yield ranging around common interest rate targets around 5%. the countermovement in dxy, the bullish break of eu's...
Today's post is inspired by the work of @CMT_Association here on @TradingView, and is designed to give some insight into financial market vs. business cycle timing: We will be comparing various assets to the Organization for Economic Co-operation and Development (OECD) Composite Leading Indicator (USALOLITONOSTSAM) for the 🇺🇸. Keep in mind that readings...
What to look for in the coming days/weeks $DXY US #Dollar is @ major support Strong is good BUT not overly strong as it is now Allies not a fan of this #BRICS garnering steam
At FOMC monetary policy last Thursday, Santa Powell threw a flash grenade at the market leaving everyone stunned and paralyzed. Fundamental wise, although the FED's minor shift in monetary policy reducing rate hikes to 50 BPS from 75 BPS, it is still considerably a stronger rate hike as compared to 25 BPS in terms of rate hikes as a whole. Accompanied with Santa...
Dollar is bearish. It looks a lot like the dollar is leaving its bigger uptrend its moving in since early this year. I highlited the potential trend lines and significant price marks i will keep an eye on in this scenario. This downbreak move would come along with a bullish EUR and bullish stocks.
Flag Breakout Has Already done retest In Process In case Of successful retest Expecting 200 to 220 pips Profit Sma100 Has deeply tested Already Also Macd Crossover Confirming bulish move
shallow fib still holds as resistance and the lower targets are still in view of being hit. Thanks, Fibo
Hey traders, in today's trading session we are monitoring DXY for a buying opportunity around 103.900 zone, once we will receive any bullish confirmation the trade will be executed. Trade safe, Joe.
Hello, Friends! Anyone who looks at the chart of DXY today Can tell that bears will win this battle So we are opening a short position! SELL! ✅LIKE AND COMMENT MY IDEAS✅
Hello 🐋 Based on the chart, the price is close to the support area and channel support ✔️ if the price doesn't break the support zone to the downside, we can see more gain 💣🚀 otherwise we can see more correction ❌🧨 Please, feel free to share your point of view, write it in the comments below, thanks 🐋
The possible trend of this currency pair is upward according to the status of the dollar index
💲Dollar However, Chooses The South 💲Looking at the dollar's behaviour today, we can see that it has rebounded from a strong resistance zone and started a southward movement. 💲As recently as yesterday, it could have been assumed that we would see an upward correction. 💲But the market today dispelled all doubts. 💲Looking at the technical environment, given that...
To be honest I had started thinking that the setup will not work because of how price has been behaving lately. However, I would move SL secure my profits if I were you
Hi friends Arztoday⚡ As you can see, Bitcoin easily broke the bottom of its ascending green channel with a long red candlestick. It also fell to the $16,250 range last night. The long shadow formed at this level is called Stop Hunting. Stop hunting occurs when a trader has entered a trade and has set his limit, after some time the price has reached the limit and...