DXY with trend based time fibs applied. The end of this trend lands on the 2nd week of February. Please note my post about DXY from the 90's for reference.
DXY with cycles applied to the major swings. Some dates to watch for important changes in the trend.
Trend based time fibs applied to the DXY from the 1990s.
After touching monthly resistance price needs more fuel for reaching higher price. ✏️ This fuel can be BB+ or FVG! 💡Wait for update! 🗓️07/12/2022 🔎 DYOR 💌It is my honor to share your comments with me💌
On the downtrend, there are important monthly and weekly resistances that I expect the price react to them. Currently there are two scenarios against the price: 1: Continue its downward movement 📉 2: Move to higher levels to collect liquidity 📈 💡Wait for update! 🗓️07/12/2022 🔎 DYOR 💌It is my honor to share your comments with me💌
4 hour analysis Wave 5 has ended at 1810 . It is currently moving towards corrective wave A . Wave A is likely to continue until the 1727 . Then B wave will rise up to 1780 (formation of ceiling head and shoulders pattern). And wave C will continue until the range of 1680 . It seems that it is currently in a bearish flag pattern , which will reduce...
DXY H4 - Slightly lower timeframe that yesterday now, this 105.500 price has seen a nice retest and we have started to sow down and consolidate at this point. Really hoping to see more dollar weakness at and around this price point. GBPUSD, EURUSD and XAUUSD longs hopefully today.
finally after a longtime expecting reversal forming rising wedge in daily tf incase of breakout expecting 800 pips bearish move this is not a financial advice do your own research before any action
remember yesterday analysis and today moving with our expert target of 1784 limit so let's open a nuy at 1776.30 limit,take profit at 1784......
just pushing the lines around here and retesting support become resistance before the next leg down
The dollar index has been in the Impulse pattern of the intermediate degree and now it is in wave 4 as the running flat correction whcih will complete at 106.67 level as shwon in chart tag and then the wave 5 target to downside is 102 level as shwon in the chart.
Waiting for continuation after consolidating in the zone for a while, trend is been changed a while ago and this seems like the first pullback so high chance of second leg down.
Hi Traders, As per video, I cover SP500, DXY, DJI, USDT and BTC All the best, S.SAri
In yesterday live session i did mention we might range here and we are seeing just that and will be playing in this 100+ pip range. HRHR Buys at 1764-1765 MRMR Buys above 1781 Safest buys above 1785 Only looking for shorts below 1764 with confirmation. Do note that the support extends to 1760 making this support a big range. Im more favourable of a long bias...
So Dollar is starting to show strength again. Commodities are falling and so are the indices. This is what I like to see to trade markets but it is December and nearly holidays. Which means this is like trading a Friday afternoon. There are trades. But be careful out there. USDCAD went a little lower than I expected but not by a whole lot considering I am...
So we took sell side liquidity at the 104.60 low also going into the red candles just below at the end of June. Opened the week very strong here and to me the next target is 106.102 then 108.40 Example of what I will be looking for tomorrow morning in the dollar
Don't you have the question on why did Euro bounce off $0.95358, and not in some other weird ratio??? This chart explains it. A larger look on the chart. One could compare the ratio between EUM2 and M2SL to get an idea of the money supply ratio between the two "unions". Since I THINK that EUM2 is measured in supply of Euros, we should normalize the data....
Dear All, I Believe we are going one more wave higher. Please consider your SL and risk management. Best Regards