its time for a breakout to the upside for euro vs dollar , with gu already leading this move and a super long dollar bullride that yet is begging for correction. I am expecting a break to the upside here. eu tried and failed a break of its current trend three times past 2 months. We are seeing another attempt right now with eu trading at the upper resistance of...
This month has proved bearrish so far, considering price reaction below the 107.928 price level which served as previous resistance and support, we are likely to see a downtrend continuation if resistance persists below the 107 price region. Price may also rally up to the 110 psychological level which happens to be a good price to attract sellers.
After a significant sharp drop, US dollar index approached to the support level and got rejected from it. Currently, price is being pushed to the upside and is facing bullish pressure. It seems it is entering to the correction phase and is likely to pullback to the yellow resistance area. I think we might see some upside retrace and strength on US dollar for a...
$DXY - Soon to break out either direction! Stay tuned for DXY - It's soon to break out as we see data decline in US - will the retail sales today be the same or will it be as expected, higher?! Have a great day ahead, Trade Journal
Hello,Friends! Indecision in the market is changing Towards a clear bullish sentiment And the price action on the lower timeframes Is clearly supporting this narratve Therefore, I think it is a good idea to go long! Like and subscribe and comment my ideas if you enjoy them!
Hello traders ,what do you think about USDCHF? This pair is in a low risk range for buying. It is expected that it will start to grow in this range, after receiving the confirmation, you can open buy position If this post was useful to you, do not forget to like and comment.❤️
EUR/USD resistance is 1.0444 and 1.0479. Support is 1.0362 and 1.0329.
- Looking for EURUSD to soften while Dollar makes a retrace up - Could be a matter of days before Wyckoff distribution pattern unfolds
forming bearish pennant in h2 tf im\ncase of breakout expecting another 250 to 300 pips bearish move NOTE always wait for breakout to be confirmed not a financial advice
breaking bulish pennant chart pattern in h1 tf incaase of successful breakout expecting another 120 to 160 pips bulish wave
over all moving in descending broadening wedge in daily tf bad thing for gbpusd is that gbp has broke counter trendline witch is not good for gbp currently retesting trendline incase of successful retest expecting minimum300 to 400 pips bearish move for reversing long downtrend gbpusd needs to break descending broadening wedge incase of breakout expecting 5 to...
moving as expected 160pips profit so far breakeven your sl and let the profits come to not financial advice
Yesterday EURUSD rose to 1,0440, yet failed to make a higher top. It is still possible to see a rise but we’ll be watching for movement exhaustion. We remind you again that EURUSD is in a resistance zone on a daily chart and a reversal of the uptrend on H1 is possible. A breakout of the bottom (1,0278) is needed to confirm the reversal.
Gold was ranging due to less volume and volatility, shows sign of buyers exhaustion at 1781-1785 level, failed break above after many failed attempts. it was ranging from 1172 - 1785 and this morning finally broken down from key level 1772 do the down side, yesterday we also had more optimistic improved retail sales data which stabilized the US dollar and...
DXY is on major support area now also $ index has pending major upside correction. Trade Wisely.
this is what I think... big money rests this weekend letting what all info will shake out... there is bullish divergence in many charts, but to me, the only one it currently makes sense under is DXY not sure what it looks like, but the next wave down of crypto market cap will serve DXY.. even with rates increasing at a slower rate, this broader movement...
We got the 4 hour break out of the falling wedge Once DXY breaks thru resistence at 107 and thru that blue right angled broadening wedge with the flat top I expect to test major local resistance at 109.495, but Broadening bottom shows a potential target of 110.906