EUR/USD resistance is 1.0361 and 1.0431. Support is 1.0269 and 1.0175.
Both BTC and DXY showed a very strong displacement last week... and this is how i will react to uit...
Following from the gold rally last week, We had bad unemployment data, improved inflation report and consumer confidence index supported slower down of the rate hike in December, That is the reason we had rally in gold , XXXUSD pairs & in indices. We need some fundamental catalyst like hawkish FED comments, USD stronger data etc etc for gold to be bearish...
I dont change my mind about what is coming, but this drop has been way lower than anticipated - I expect it to be a fakeout based on how stocks have pushed up and should come back into the bull flag pattern (or descending wedge if someone prefers).
GOOD MORNING TRADERS!! DXY ONE WEEK BREAKDOWN Currently, we see the expected slowdown in the growth trend, after more than 500 days we have a significant black weekly candle, which may or may not get the dollar into a sideways structure, everything depends on the next statements of the FED in December. In the coming days, the market will either experience a...
dxy is at a nice turning point after a nice bearish push to end the week dxy tries to climb back up on market open upside right now is a bit limited unless i see a break above 107.500 failing to break the daily pivot at the moment and also opening below a weekly pivot im currently looking for another bearish push down for dxy which should pump gold a bit
Hello traders! In my opinion, in long term this pair is Sell. Wait for a confirmation! Don`t forget to look at the economic calendar! MAKE MONEY AND ENJOY LIFE 💰 THANK YOU! GOOD LUCK! 🙏🏻🙏🏻🙏🏻
On Friday, EURUSD momentum raising continued and reached 1.0364. It looks like it is strong enough to continue and head above 1.0400. We remind you again that we're in a resistance area and a reversal is possible. Buy trades don't have good ratio on these levels. Confirmation is needed for sells.
possible consolidation for DXY playing in chart below.
DXY, the main trend is bullish. I expect a correction. Now, if the price fails to break through the 108.56 resistance, there is a chance that the price will fall to test the 104.70 support. >> GooD Luck 😊
Forming descending broadening wedgein h4 timeframe incase of breakout expecting 200pips bulish wave (NOTE) always wait for confirmed breakout my analysis are not financial advice do your own research before taking any action
The downward momentum of the DXY continued to weigh on the USDJPY as the price broke through the key support level of 141 to reach a low of 138.50 through the trading session on Friday. Currently trading along the 139 price level, the price is anticipated to consolidate before trading to the downside, with the Yen expected to strengthen, following comments from...
As the DXY fell through the week, the AUDUSD continued to rise to reach the round number and key resistance of 0.67 on Friday. With no major news events on the horizon for the AUD, the price is likely to continue trading higher, especially if the DXY continues to weaken. It is most likely that the price could trade beyond the 0.67 resistance level to signal a...
In addition to the recent release of slower CPI growth at 7.7%, on Friday, the US consumer sentiment was released at 54.7 which was significantly lower than expected (Forecast: 59.5). This compounded the recent negative sentiment over the DXY, causing the price to fall significantly from the 109.55 price level toward the 106 support area. While the DXY is...
COPY pasted Influencers are now talking NEXT bull run LOL Most influencers listened to have NO CLUE Been telling you all if you can't take volatility STAY OUT STILL, STAY OUT Does $BTC look healthy or looks like a turnaround?! @ least $ETH kinda trying $DXY #Dollar oversold atm #crypto
TVC:DXY looks like it wants to go back to 102, almost 103. Downtrend was broken with gusto; multiple bullish candles to confirm the change in trend on the monthly chart. Looks primed and ready to hit 102/103 and most likely surpass those levels after contending with it a second time. This will most likely be a headwind for emerging markets. So it may be...
the chart is clear , dxy targeting 105 - 103 after that NEW ATH!