... the story stays the same - it held support and now should pop up as stocks will decline - new highs ahead.
Yesterday we had pretty mixed data with bettter than expected unemployment claims indicating solid labor market and really bad Philadelphia data, but the labor market hold much weight alongside some hawkish Fed speakers This week overall we had slower slower volume and volatility after break of 1730 we saw shift in market structure. Overall we are still...
This long term channel on DXY on the monthly channel shows DXY at key resistance and currently struggling on resistance and the top of the channel. Usually when DXY goes down, cryptocurrencies and stocks will do the opposite since traders are risking more and not being in cash, this can potentially be a good bull market for...
💲DXY, where to join the rise? 💲Post is a direct continuation of my previous analysis: 💲As we can see as I wrote we have started a wave of rises on the US dollar. 💲In this case, I have determined for you a possible support point from which the price will again continue the increases. 💲The point was based on the fibo level of 0.382 of the entire upward wave...
Euro/Swiss Franc completed wave A in the resistance zone and is now on the way to completing wave B. The end of wave B can be 50%-61.8% of wave A (in this case). 🔅Euro/Swiss Franc (EURCHF) Timeframe 4H⏰. 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 idea, and I will be glad...
U.S.Dollar/ Canadian Dollar moved as I expected ✅🤑. U.S.Dollar/ Canadian Dollar is on the way to completing wave C. The end of wave C can be in PRZ(Price Reversal Zone) or the Support zone. Also, we can see a Head and Shoulders Pattern in the chart, which shows the continued downward. 🔅U.S.Dollar/ Canadian Dollar Analyze ( USDCAD ) Timeframe 4H⏰. Do not...
Bitcoin is struggling to break the resistance zone. It seems that with the 🌟Shooting Star🌟 Candlestick pattern that was created, this attack has also failed, and Bitcoin will fall back to the support zones. There is a possibility of creating a 🗻Double Top🗻 Pattern after breaking the trend line. ❗️ Note ❗️:If Bitcoin can break the resistance zone, we expect a...
XAUUSD H2 - Moving nicely here as USD looks to pick up, double bottom on the DXY H4 timeframe, nice break and retest play seen already, let’s hope this really gets off the ground now, little bit of support here to break (1650) then we have a monster void/FVG to fill.
incase of breakout expecting more 300 pips bearish move always wait for confirmed breakout not a financial advice
DXY NYA XAU positive/negative correlation, exploring pivot moments delay.
- Looking for GOLD to weaken while Dollar retraces up - Previous breaker that took out sell-side stops needs to offer support - Dollar should fall again after the retrace - That would be the signal to go long GOLD again - Upside target is 1 deviation up = GAP-resistance
DXY era is over- Here is my idea on basis of PA analysis
HELLO TRADERS, Yesterday we managed to short eth from 1255 but unfortunately during the ASIA SESSION the dollar weakened and our trade ended at BE We are currently seeing a bounce from our 1275 zone and I think we can continue further lower today
the DXY will fall, the trenline is broken with a nice fakeout and a double top. now we go down. eventually we will break the blue support zone and take a big fall. look at the 4h to see the zone
Analysis of #GOLD Hi traders, today we will have a look at #XAUUSD the GOLD performed in line with the fundamental news we got recently about CPI, PPI, I still expect this move to continue to the upside, but the market needs to calm down and find more buyers, so expect a somewhat short-term move to the downside. As you can see on my chart, we previously had a...
Hey traders, in today's trading session we are monitoring DXY for a selling opportunity around 109 zone, once we will receive any bearish confirmation the trade will be executed. Trade safe, Joe.
Analysis of #EURUSD Hi traders, today we will have a look at #EURUSD the EURUSD was not able to close above 1.0500 as you can see on my chart, while I still believe the EURUSD has more room to the upside I think in the short term we can see EURUSD falling back to test its support level near 1.0500-1.0100. looking at the chart you can see the zone I...