cadjpy can react at red lines for buy position pls follow the candles where they react and give you a make money option like and bread and butter have a safe and profitiable trades any questions pls comment below
Honestly speaking I thinh this is the "correct" view of DXY in short time... potential drop until support area .. consolidation and new Long .. probably in december.. too many retail trader.. youtuber and other .. talk about dollar strength.. so the long is it really simple but is it real? or a trap... nobody Know.. I just think that probably could be too early...
As in my idea .. there are possibilities for a correction of Long.. This is a non-simple trade but some indication suggested a possibilities for a long pausa and a short until 108 Trade safe with a small size!! we are countertrend
Technical & Trade View US Dollar Index Futures Bias: Bullish Above Bearish below 109.25 107.72 Target Achieved, New Pattern Emerging Technicals Primary resistance is at 109.25 Primary pattern objective is 106 Acceptance below 107 next pattern confirmation Acceptance above 109.50 opens a test of 110.50 20 Day VWAP bearish , 5 Day VWAP bearish
Hello traders around the world. I'm Alexandre Karim, and today I will be sharing with you a trade that I'm still currently in it. On November 4th, the price reached a mass psychological level around 1.51730 & 1.52672. We saw an upside gravity afterwards & I was looking for continuation patterns to take a long position. Thursday November 10, on the 15 mins...
Have to wait for the weekly candle to close but it looks like the relentless uptrend in the dollar index has come to an end for now.
CPI results were better than predicted, but the pace at which it gets lower each month is just so small, that I still see nothing bullish. I would even say that this could give the FED more pros to rise rates even higher to get things done quicker than they are doing. 7.7% is still a big figure so I keep my bearish bias - based on SPX and VIX - I don't see DXY...
US Dollar Index is plunging toward the highs during covid. These recent drop features 2 of the biggest daily red candles in a while, with the last piercing through a 10-month support line, ichimoku cloud, gaussian channel and EMA ribbon. RSI also broke nearly 2 years of support. Momentum to downside is very strong. This is in line with Q4 generally bringing a...
During the news yesterday, we had weak USD and a sharp rise on EURUSD. It looks like this move will continue but you should not forget the Daily chart! EURUSD is in a downtrend and this upside move could come to an end very soon! The next level where we should see some reaction is 1,0284.
Breaking this resistance can be done by returning to the 50% Fibonacci point and confirmation candles. Keep in mind that the Federal Reserve is nearing its highest interest rate and inflation is on the downswing. It is obvious that if something happens in the world in terms of war, the downward trend of the dollar index and the period of expansion will begin.
The DXY tracking the USD Currency is currently taking a massive hit while stocks surge on CPI data. Generally, the DXY tends to move inversely with the Stock Market overall and is a good place to find resistance and support levels that are hidden in the Stock Market. (As DXY Finds support, stocks hit resistance; vice versa) Recently the US Dollar Index has taken...
And, just when you thought the world was about to end.. Jussst when you thought that Bitcoin had found the bottom.. Jussssst when you think that you might as well just enter into a macro trend because its never going to end.. Jusssssssst when you find a perfect trend line and decide to over leverage just this one time.. The universe wags its finger, and albeit...
Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Boost". Have a good day. ------------------------------------- (USDT.D 1D Chart) The key is whether we can find resistance near 7.86 and move down. (NAS100USD 1D Chart) The key is to find support at or above the 11373.2-11540.3 zone and move higher than...
Watching for DXY as it reclaims and forms a descending broadening wedge, would expect the rallies to die and SPX Bear flag to play out. Neutral but 60/40 leaning towards short, watching key levels
$VIX hits 1st target & likely bounce & then fill gap down $DXY almost hit 1st target but hit this one PERFECTLY & almost to the day! Not sure if 3rd target can be hit $TNX falling hard on possible #FED pivot soon All fits narrative we pointed out early Oct IF fed keeps pushing, which they likely will, next year, we can see this pumping hard again
$VIX hits 1st target & likely bounce & then fill gap down $DXY almost hit 1st target but hit this one PERFECTLY & almost to the day! Not sure if 3rd target can be hit $TNX falling hard on possible #FED pivot soon All fits narrative we pointed out early Oct #stocks
$VIX hits 1st target & likely bounce & then fill gap down $DXY almost hit 1st target but hit this one PERFECTLY & almost to the day! Not sure if 3rd target can be hit $TNX falling hard on possible #FED pivot soon All fits narrative we pointed out early Oct #stocks