analysis was shared few days ago moving as expected and running 277 pipss profit
We have run across a situation on DXY where we must have one of the two confirmations to side either with bulls or bears. There are two possibilities at the moment: 1- The Bull Flag confirms breaking out of this 112.xx zone we shall have a full on signal to go long to the targets as described in the chart 2- If we break lower than 108.8x zone, we shall then have...
HI Friends, this is my old idea about bitcoin and its still correct u can see my last analyses in the link
The dollar reached the top and concluded its rise now, it fell to an important area, and by breaking through it, it will fall to the second zone. This is positive for Bitcoin whenever it comes down it will give a bigger boost to Bitcoin to rise. TVC:DXY
USDJPY price is above support/resistance structure and price is supported by ascending trendline. if price continues to hold above trendline I expect the price to move higher towards the next resistance.. Trade Wisely *The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to...
The DXY index was able to break the trend line, but I don't think it will continue to fall without a pullback to the resistance zone or the trend line. Also, to fall further, it has to fight against one of the best harmonic patterns, the Bullish Gartley Harmonic Pattern. In my opinion, DXY will start to grow again from the PRZ (Price Reversal Zone) and at least...
In monthly TF, we can see a huge bullish divergence and a triple bottom that triggered a long-term uptrend. In weekly TF, we can anticipate a probable correction of the resistance 118 towards the support 105. In daily TF, we will probably have minor corrections before reaching the next strong resistance zone.
The U.S. Dollar Index (DXY) eventually made the bearish break-out we expected as it broke below the Bullish Megaphone pattern that it has been trading in since January 2022: As you see, the break below the 1D MA100 (green trend-line), which was almost on the bottom (Higher Lows trend-line) of the Bullish Megaphone, was supporting this bullish pattern since...
Long Call on FOREXCOM:GBPUSD GBP/USD is in a good bullish run, made a big bullish candle, and now retested from the same support if you see it on some smaller TF. Looks like it is making an HL and will bounce around this level. DXY also struggling. Trade your levels accordingly. Best of Luck!
We had DXY breakdown from previous >110 levels, as a result of reports coming out about US economy. Do not forget it depends on the Fed policy in the upcoming months, but my opinion is DXY is losing the strength on medium to long term. DXY is at the last mid term support and we can soon expect a breakdown even lower. 105 level first. On the breakdown from the...
Analysis of #USDCAD Hi traders, today we will have a look at #USDCAD the USDCAD trend has shifted to the downside, if you remember I posted head and shoulders last time on USDCAD, and indeed it moved as I predicted it to move, now I still see a further move to the downside, and I have confirmation that the trend now is to the downside. now, the question is...
Analysis of #AUDUSD Hi traders, today we will have a look at #AUDUSD the momentum now is to the upside as you can see, we have this impulsive move-up after the market was unable to break its resistance level near 0.6500, which now becomes a support level. the market now testing its trendline resistance on the daily time frame, of course, after the way the...
EUR/USD resistance is 1.0417 and 1.0453. Support is 1.0366 and 1.0334.
WELCOME TO MY ANALYSIS the dollar didn't hold our interesting zone at night, it fell lower, I think it's heading to 105.8 to exactly 105 On the crypto market , we can see slight increases from the ASIAN SESSION and I believe that this trend will continue during London IF WE GO TO 285, GET YOUR STOPS TO ENTRY POINT OF TRADE !!! SEE YOU SOON
I have started building my DXY chart. This is the US Dollar Index. For fans of correlations....feel free to speculate on the implications of a potential move of this magnitude on the US Indices, Bonds, etc. I will provide more context...but I caution you on hanging your hat on correlations (as I am not a fan of them). Nonetheless, I will continue to fill in...
Primary Chart: Linear Regression Channel for DXY on Daily Chart, Upward Trendline from November 2021, and Parallel Channel from 2008 DXY Lows Since the low on January 6, 2021, DXY (the dollar weighted against a basket of several other major currencies) has ripped about 28.66% higher, causing ripple effects in equity markets, commodities, and international trade....
Dollar create hidden Bullish Divergence In Daily Time frame, So I anticipate Dollar gonna pullback. Remember, there is no place for luck in trading - only strategy! Risk Disclaimer Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this...
moving as we predicted few days ago 195 pips profit so far our analysis are not financialo advice do some research before taking any action