Is the dollar trip over? Is it the beginning of the fall of the dollar? - With the release of inflation data, which came contrary to what the dollar wished, and with what the trader wished. the dollar fell nearly 300 points, heading towards the 107 support. It reduces the rate to 50 percent by the end of this year, and if it continues in this manner,...
11. 10. 22. DXY :Some more examples up to bar reversals and opening price trades on the daily chart only.
Threshold theory for the win. Fibonacci extension worked to hit target in the bear zone. Fibo
🔰 ⭕️ BTCUSD ⭕️ 🔰 - Currently there is an OVERALL POSITIVE SENTIMENT for BTCUSD. - FUNDAMENTALLY THERE IS NO GOOD ENVIRONMENT FOR CRYPTO YET. But with the FED being NEUTRAL, CRYPTO can expect a good POSITIVE UP TREND in the future. - US CPI DATA has been released by now, it is a very NEGATIVE DATA. Due to this BTC went UP with USD being WEAK. You can...
Recent inflation reports are very bullish and give us the possibility that the Fed will stop the wild interest rate adjustment , but remember 2008 the Fed do the same and after when everyone believes was the end , the collapse start . In this case i'm not talking about a flash crash is more an economic contraction and that means we can't believe in these...
Much the same as yesterday. The markets are waiting on the midterm elections from the USA. Crypto has also seen volatility due to the FTX / Binance mess. A weaker US dollar will continue to be good for the crypto, precious metals, indices etc. but I am focusing on being long EURUSD and short USDJPY.
Hello traders ,what do you think about EURUSD? It has reached an important resistance zone in the daily time frame. On the other hand, the euro still has no chance to grow against the dollar. Therefore, we do not expect further growth from this pair If this post was useful to you, do not forget to like and comment.❤️
For the time being, I think the DXY is bound to go lower. The RSI support line since December 2020 has broken Bearish divergence on the weekly (from May to September 2022) Consecutive lower highs Parabolic trend is broken At this point, the only way I'd be bullish on the DXY is if it makes a new high above 114.77.
DXY has broken the uptrend, strong fib target reached. Likely retrace into the 1.618 extension "green box" likely good for stocks.
Strong downwards move after US CPI came out - which looks good and people are now expecting FED to pivot into more dovish stance. But is that really going to happen in short term? We had a very nasty downfall in crypto markets yesterday with the whole FTX fiasco and the fear in markets is expected after that. Plus Solana unlocking 5M worth of SOL which was...
Hi traders, DXY is setting up for a upside move watch price action in a lower timeframe and look for a long position opportunity with your according strategy do not depend on my analysis GOOD LUCK.
lets analyz deeply descending broadening wedge breakout has already done after cpi news earlier today one more indication is inverted heads and sholders breakout confirming clear move to the upside 3rd evidance is dxy breaks ascending broadening wedge and retested syccfully with strong daily bearish candle now what we needs to do is wait for retest for...
DXY broke the support of uptrend line which was respected from february 2022. Due to release of CPI data from today, dolar has lost power and probably will make a larger pullback.
MOving as expected running in very good profit right now for those who missed there entry csan wait for retest on successful retest can buy gold
analysis was shared fewv days ago 200 pips profit so far expecting more breakeven your trade and lets earn some money for you
The DXY index is leaving the bottom of the channel and its static support with the release of inflation data, which is less than expected, and if this candle closes and the weekly candle below this support, the risk market conditions will be ideal for an upward rally.
DXY fundamental analysis The dollar tumbled after US consumer inflation data fell more than expected in October. Annual headline inflation ECONOMICS:USIRYY fell to 7.7% in October, from 8.2% the previous month and below the 8% predicted. The core measure of inflation ECONOMICS:USCIR , which excludes volatile energy and food costs, fell to 6.3% from 6.6%,...