The United States Dollar Index managed to not develop new low this week as it trades in consolidation at 105 key region. However, downside momentum seem to limited as 50 exponential moving average has multiple contact within a short period. We may potentially see upside movement of the Dollar potentially towards the 107.155 resistance region. However, if the...
Hi Traders, Price to break through the Parallel Channel. Rising to the 105.5 area. Target price will be 106.9 Let's watch if DXY will push it up. Thank you!
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. I am not a fundamental expert (nor an economist) but I found FEDFUNDS chart really interesting! I never thought that basic technical analysis tools can also be applied to such economic instruments! As per my last analysis (attached on the chart) FEDFUNDS traded higher and...
Time to be neutral about the prospects of DXY. Although the trend was significantly bearish considering the recent blowing up of investors confidence followed by USA midterm elections. Let us now analyze what seems to be adequate possibilities that may follow considering the lack of egalitarian policies as the end of year approaches: 1- We are currently at a...
Hello, everybody and welcome to BIGPAPA Forex, today we are going to be analysing the EURUSD 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
Hello, everybody and welcome to BIGPAPA Forex, today we are going to be analysing the EURUSD 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
💲Dollar An Upward Correction? 💲Is the dollar getting ready to make an upward correction? 💲Post is a direct continuation of the last post in which I wondered from what level an upward correction would be possible: 💲As you can see, the price has held the first support zone steadily in recent days. 💲Looking at the Dollar compared to other currencies, it is not...
Patterns look familiar? If price tests the 103.60's, could we see a repeat? Higher PPI report came out today. Interest Rate Decision next week. What could CPI read next week? So many factors to consider. Fed said they will slow the amount of hikes but may get more serious about the level of hikes if data doesn't show good indicators relative to inflation. Price...
OANDA:XAUUSD is preparing for a pullback soon, as it reaches the end of the rising wedge.
The DXY index was able to make a Bullish ALT AB=CD Harmonic Pattern on the support zone. I expect the DXY index will go up at least to the resistance line. And in the next step, it will touch the resistance zone after breaking the resistance line. U.S.Dollar Currency Index ( DXY ) Analyze Timeframe 4H (Log Scale)⏰. Do not forget to put Stop loss for your...
The DXY index wants to make at least the zigzag correction(even it can make 5 impulsive waves, it depends on whether DXY can break the resistance line or not🤔❗️❓). The end of microwave B was confirmed by the Bullish AB=CD Harmonic Pattern, and after breaking the downward trend line, we can be more confident about the end of microwave B. I expect the DXY index...
2030, energy 5x more expensive than now. We might not be able to afford ze oil, but we will eat ze bugz. Pattern taken from 1995 to 2008. Today is June 5, 2001. The 7 year cycle is actually 2618 days. Tread lightly, for this is hallowed ground. -Father Grigori
Euro /U.S.Dollar was able to break the support line. I expect Euro /U.S.Dollar will make another zigzag correction (ABC). The microwave A of zigzag correction can finish on the support zone. 🔅Euro/U.S.Dollar Analyze ( EURUSD ) Timeframe 15min⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your...
This chart lays out the different potential pivot areas for a bounce in the #DXY. Each pivot zone could be correlated with an emotional level of the market. We can see that the DXY has not yet reached the 0.618 Fibonacci retracement level. This obviously does not have to happen, however this could potentially outline that we are currently coming out of the anger...
Gold made a Rising Wedge pattern on PRZ(Price Reversal Zone). Also, Gold was able to break the lower line of the rising wedge. I expect Gold will go down at least to the uptrend line. Gold Analyze ( XAUUSD ), Timeframe 30min⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy, this is just my...
$NZD - Trade idea! Another day, another great opportunity for us traders to take advantage of. Don't forget to have patience... What a clean set up! Clear levels in a break to either direction - add alerts in, add orders in - whatever suits your own trade plan! Enjoy, Trade Journal
As you can see, price moved down to our important supply zone. Now price can react directly to this zone or move down to collect liquidity under daily resistance and then move upward. 💡Wait for update! 🗓️07/12/2022 🔎 DYOR 💌It is my honor to share your comments with me💌
rising Wedge Breakout and retest has already done now moving in bearish flag incase of downside breakout expecting 200 to 250 pips bearish move