Recently Got 600+ PIPs Profit Now Euro Showing Bearish Signs Forming Double Top CHart Pattern UNder Resistance Waiting For DAIly cLOseing Will Go With 1/3 RRR Trade Will Be INvalidated IF REsistance GOt Cleared not A Financial Advice Do Your Own Research Before Any Action
something very bad is about to happen to gold I am witnessing a lot of confluence; there is hidden bearish divergence in gold on daily plus I think dxy is going to make one more up with EURUSD to one more down
Best if zoomed in & then see larger time frame $DXY trading sideways, BLUE LINES Like $VIX,👀RED Mov Avg Positive Divergence VERY EARLY but COULD be forming Head & Shoulders on WEEKLY, EARLY! JUST BRINGING to LIGHT!
An overview of the market technical analysis from the major indices on the first day of the week prior to major economic data, the NFP. What will impact the market movement this week? We will be looking closely at the commodity market, bond yields, US Dollar and the Gold markets. We also touch on AMD stocks as our watchlist for this week.
EUR/USD resistance is 1.0488 and 1.0527. Support is 1.0422 and 1.0386.
Next are of interest for me. After bearish test of 4hr resistance, bounce on support - which it looks likely to test again.
EURUSD filled daily FVG with taken 15Nove high. Need good BMS/BOS/MSB once confirm i will chart in LTF with DXY as well
To be exact the last time the U.S. Dollar Index (DXY) hit its 1D MA200 (orange trend-line) was on June 23 2021 and last time it traded below it June 16 2021. Needless to say, this is a key development for the long-term price action, as a candle closing below it, confirms the transition from a long-term bearish trend to a bullish one. So far since the November 03...
HELLO TRADERS We are here with ETH/USDT today, i mean, we creating a range before market gain some strength right now, we must wait for clearly opportunities
HELLO DEAR TRADERS I think we have currently created a short-term bottom on DXY and we need to go retest the zone of interest US PPI release yesterday was lower than expected and these numbers did not help us at all. Dollar takes another hit. We will see how the FED reacts in mid-December to the positive feedback from the economy due to the increase in interest...
It looks like so - support is strong here, and DXY could retrace back to the bull flag while SPX retraces last couple weeks movements. Possibly forming a double top, as the cup and handle didn't play out - still pretty sure DXY has found bottom for this year.
📅 Date: 11/22/2022 ➡️ Trading instrument: EURUSD 📊 Priority direction: SELL 💬 Comment: The single European currency has not yet been able to overcome the resistance area of 1.03604 - 1.05191. This wide range is likely to be tried again by buyers. As expected, the maximum that will be so is a hike to the level of 1.03604, that is now acting as resistance. A...
DXY Weak GBP strength Clean Range ╔═╦╗╔╦╗╔═╦═╦╦╦╦╗╔═╗ ║╚╣║║║╚╣╚╣╔╣╔╣║╚╣═╣ ╠╗║╚╝║║╠╗║╚╣║║║║║═╣ ╚═╩══╩═╩═╩═╩╝╚╩═╩═╝
As seen from a technical standpoint, the dollar has been on an upward climb this year respecting the bullish market structure on the higher timeframes with minor retest. Backed with fundamentals of the federal reserve with constant rate hikes to beat inflation pushing DXY to a high of 114.9 region. We are currently seeing a shift in structure now as the bullish...
Bearish flag breakout has already done now wait for counter tl for shorting eurjpy not a financial aDVICE
At the beginning of the new week, we look at the possibilities for the EURUSD to rise. In a case of drop to 1,0300 we will look for pullback and buy opportunities. The idea breaks down on a drop below 1.0220. Entry after pushback! We are not considering sales at this stage!
The gold is still looks bullish on higher time frame with not enough volume and volatility last week , we are just having a pullback phase after buyers exhaustion from key level 1783-1785 and we are corrected around 50% already with the FED speakers being relatively neutral last week and we didn't had any major economic data bringing back dollar...
After breaking below short term ascending support the USD has been consolidating. I expect it to continue higher once it confirms support from the longer-term ascending trend-line.