DXY Bearish Idea Weekly Trend: Bearish Daily Trend: Bearish 4Hour Trend: Bearish Trade scenario 1: Overall DXY is looking more bearish and now price action is looking like it’s consolidating. Going into this week we want to continue with the recent bearish trend, we are looking for price action to commit bearish again and push toward 105.250. From here we will...
TVC:DXY At monday I think it will just consolidate a bit, but for tuesday and wednesday I'll look for a push to the updside. Be careful on tuesday afternoon (GMT-time) of the "CB Consumer Confidence" and on wednesday midday (GMT-time) of the "ADP Non-Farm Employment Change and Prelim GDP" news! If they are bad it could go directly back around 105.700 or even...
So when there is a break out in the 4H consolidation, if its to the up side I am uncertain of the next move of the index but if its to the downside , a retest on the consolidation support is expected before the massive drop. The volatility may not be as high as expected but it should end at 102 before we can see a little rejection
📈Trade Idea📉 🟡 #EURUSD 4H ✍️Currently, this currency pair is in an important range (Premium). If a four-hour candle closes below the PDL or (Past Day Low), correction will be made to the green limits of the block order. If a four-hour candle closes to the PDH or (Past Day High) range, it will reach the supply range on the chart. For a long trade or sell trend,...
Potential bounce waiting for us next week, with SPX on decisive point, DXY looks like it might one last run to create lower low. Target: 108-109
Hello my friends, Everything is marked on the chart. I expect the correction to continue until the support zone in first stage then monitor the price's action in the circle. Good luck. If its useful please like it as a support and follow me to next analysis :)
BIAS-SHORT until next level 105.40-105.00 then monitoring that area for PA. NOTES- Currently fundamentals is against the dollar due to fed meetings on looking to slow down interest rates in the near future. Our next interest hike is on December 14. Will the feds keep up the 0.75% basis hike or will it be 0.50% this time around ? If the feds slow down interest...
Bitcoin is currently testing a decisive resistance line (Zone 2). Current existing factors influencing financial markets: * Decreasing investors confidence 1. The continuance of recession-indicating economic reports - A recession is expected (lastest FED + inflation rate reports) 2. Further war escalations - Russia defaulting, economic allies are changing and...
- Seasonally EUR is strong in DEC - Seasonally USD is weak in DEC - COT-data supports higher prices - Looking for a run from DEC Pivot to DEC R1 = 1.0750
After a one-day Thanksgiving rest, back in action again with Gold making what looks like a strong rejection on the 4H MA50 (1,756.11). Notice that despite breaking above it, no 4H candle has yet closed above it, indicating that the market is treating it as a Resistance and short-term traders book their profits. 1D remains on bullish technicals (RSI # 59.637,...
Hello friends I hope you always have a profitable day I wrote all the fall scenarios And if you like it, be sure to like it The analysis is purely personal TVC:DXY
Seasonally Gold is strong in DEC Seasonally USD is weak in DEC GOLD Speculators COT-data supports this outlook Speculators accumulating longs while distributing shorts Looking for a run from DEC PP to DEC R1 = 2022 Yearly Open COT: images2.imgbox.com
Please this is not a financial advice rather its an aid to guide you towards the markets possible direction over the next few hours... #fx #trading
With the DXY looking to retreat as the fed eases of on rate hikes we can see XXXUSD pairs bounce back. Looking at NZDUSD the down channel it has been in since the beginning of the year has now been broken out of. smaller time frame for a good entry to go long could be on the recent resistance turned support this will allow for a good risk reward ratio
Higher US yields helped DXY to recover slightly after the cliff fall recently on the news of low¬ish inflation data and FED's NOV minutes hinting slowing down of rate hikes in December and the months to come. We see the dollar weakening further and rejected from the resistance trendline, down the support and the demand zone highlighted. 105.34 was (monthly low...
TWO TRADES IN ONE TRADE . Pay close attention to the annotations made on the chart. Happy Trading! -Team Lamda
The dollar is still resisting the rise and it has signs of weakness, and I expect the next movement to be downward, especially with the somewhat lower inflation and the comments of the Monetary Policy Committee from the Federal Reserve members to reduce interest rates on the US dollar during the coming months. We wait and see what next week has in store for...