DXY is done after the US CPI reading. I do expect something like a double top but the dollar momentum is over. Also check my DXY analysis below that I made before the DXY went parabolic and see how it exactly topped at my resistance area. I moved back into the crypto market yesterday and I did so during June lows aswell. If you want to know which coins I bought...
ascending b wedge breakout hss already in daily tf expecting big bulish move in coming days
moved as expected 450+ PIPS PROFIT DONE this is how we can analyz market via price action kerep focus on learning
USD FUNDAMENTAL OUTLOOK: BULLISH BASELINE With headline CPI above 8% and Core CPI seeing another acceleration in the SEP CPI data, the Fed is under pressure to continue hiking rates and ramping up QT. At the NOV FOMC presser, Fed Chair Powell shattered any big hopes of a pivot and warned that their SEP expectations for the terminal rate will have to be...
Bitcoin is running near the lower line of descending channel and inside PRZ(Price Reversal Zone). I expect Bitcoin can play two scenarios here, and it can go up and break the descending channel and reach to resistacne zone for the second time. In another scenario, Bitcoin goes up to the upper line of descending channel and then back from that zone to...
as price action rules btc will retest triangle and will make new high still btc not looking good for buyers 12 to 14k on the cards trend is down lots of uncertainty in market recently trend continuation pattern broken retest is going on incase of successful retest expecting new lows in coming days
This is a major correction on USD after over a year since its bullish momentum. My eyes are on the major key zones. I will trade according base on price action on those levels. Stay Safe.
The US dollar has smashed through lower levels, careening through our anticipated level of support at 108.50. We fell through the vacuum zone to 107.20, and have broken through this as well. The next level of support is at 106.13. We will see if this gives way to support in the 105's. Any hint at from the Fed that they will remain steadfast in their hawkish...
analysis was shared few days ago and now running in 250+ pips profit
analysis was shared few days ago market followd our analysis we were expecting 800 pips bearish move and now usdjpy running in 874 pips profit
moving as we predicted few days ago this is what i was trying to explain how accurate price action can be dxy is key driver of forex and crypto markets
We can see we have Wyckoff around 109,500 and 109.750 so I think next week will be bullish for DXY for retest Wyckoff then it will drop down around 104 and 102
Almost exactly one year ago, the dollar reversed to begin its bullish run we've witnessed this full year. Today, price has reversed to the downside, passing the lows of $107.69. This could be the turn of a bearish dollar going into 2023. The major currency pair's bias may now have to change with this news and the US30 market may turn bullish if it reverses to...
keeping a eye out for DXY it's about to be a movie...
DXY The decline in the dollar index led to an intermediate target of 107.20. In past reviews, we have considered this as the main scenario. We will look at the price behavior, namely what form the growth attempts will take, in order to determine if the DXY has finished falling. In this scenario, a continuation of the fall to 104.96 is possible.
Hey Guys I'm publishing an update of Dollar currency index to have technical view of the market Please share your ideas regards Reza
I shared the analysis of the dollar index for you The decrease in the power of buyers is clearly visible, as well as the negative divergence in the RSI In my opinion, we will have a decline up to EMA100 and up to the range of 100