TVC:DXY Look for a move back to around 104,200. Barring bad news for the dollar, I think it will rally to around 105,800. It could also rise to around 107k if the W pattern holds and there is enough volume. There is no major news for the dollar tomorrow, so it would be less volume tomorrow.
DXY Bearish Idea Weekly Trend: Bearish Daily Trend: Bearish 4Hour Trend: Bearish Trade scenario 1:Looking bearish going into this week and price action is currently right where we want it. Going into this week we ideally want to see strong rejection from our 105.000 resistance level. This would give us confidence that the USD will continue bearish for at least...
- buys look good from these 2 areas - intraday targets depends on apm and how price balances - extended achievable target @1.244
Having turned neutral on risk last week, on the idea that traders would look to square exposures ahead of this week's data deluge, the call was early but largely on the money – where we saw the US500 close lower 4/5 days, losing 3.4% on the week. Elsewhere, the USD gained a modest 0.4%, US 2-year Treasury yields gained 7bp and crude hit downside targets with an...
support:1790.1780 resistance:1806-1809 hit the 1803 and reversal
Hello traders ,what do you think about EURUSD? This pair is approaching an important resistance area and we expect it to fall when it reaches this area .Therefore, we will look for sell in the specified resistance area after receiving the confirmation If this post was useful to you, do not forget to like and comment.❤️
On the daily chart, The DXY holds in a powerful resistance zone; there is a 200DMA, monthly resistance, weekly resistance, and a supply zone with a 38.20 Fib. In the 6-hour time frame, we have two reversal patterns, with a divergence in the MACD. We may see a head and shoulders pattern if a candle closes above 105.74, as shown by the yellow arrows on the hourly...
Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. For those who know me, I always keep an eye on DXY to feel the overall market (stock, crypto, forex) As per my last analysis (attached on the chart), DXY is approaching a strong support / demand zone in blue (102 - 103.5) And we can clearly see that the bears are getting...
DOLLAR INDEX looks bearish after retesting key bearish market structure and higher timeframe resistance. On the hourly timeframe, minor higher highs and higher lows are forming, showing some sort of bear flag however I'm looking at bearish continuation due to the fundamentals in play of a bearish dollar. If gold breaks this bearish market structure i will look for...
Hello guys, Everything is marked on the chart like always. Last week it was said that a correction move was still underway and it happened, and now we are close to 102- 103 as a strong support. So I'm waiting for the return from there. Monitor the price's action in the circles. Good luck. If its useful please like it as a support and follow me to next analysis :)
According to PPI report I think we will see an increase in DXY and the outcome is decrease of Gold and BTC. one of these two green path's will happen I think and the target is those two black areas below.
DXY - Classic bearish setup - Our team expects fall SUGGESTED TRADE: Swing Trade Sell DXY Entry Level - 104.5638 Stop Loss - 105.6030 Take Profit - 103.0098 Our Risk - 1% Start protection of your profits from higher levels. ❤️ Please, support our work with like & comment! ❤️
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 🐋
Hello, everybody and welcome to BIGPAPA Forex, today we are going to be analyzing the XAUUSD pair, translating the market information by using a full technical analysis on different time frames, giving you a personal opinion about the next most likely market movement and helping you to spot and manage market opportunities
As I said we needed confirmation on that black area for Long position and it didn't triggered but the price reached the blue pattern from below and I believe we have confirmation now. According to PPI report, I await for rising DXY and on the other hand we will see a drop on Gold and BTC.
XAUUSD Analysis: We have seen XAUUSD Strong upward momentum since few days. Gold has crossed 1800 several times in last few days. Currently price is seeking validation from awaited FOMC interest rate decision on Dec-15th. Key News event which can effect Gold price movement is CPI (Tuesday Dec 13th) and FOMC interest rate decision. Softer CPI will add fuel to the...
According to the previous analysis as well as the analysis of the dollar index that I posted, gold is completing a diagonal and we should wait for a correction in gold and then the continuation of the upward trend. Long-term analysis 10 april : Analysis of gold after reaching the price target of 1617$:
Dollar Index is trading in a bearish trend. After a bearish breakout of key structure, the market retested that. The price formed a head & shoulders pattern and violated its neckline then. We see its retest now. I believe that the market will keep falling. Next support - 103.73 ❤️If you have any questions, please, ask me in the comment section. Please,...