DXY The main trend is still bullish. I expect a correction Now, if the price fails to break through the 110.48 resistance, there is a chance it will drop to test the 108 support. >> GooD Luck 😊
Let's keep this simple. Price may very well be exhausting still to the downside. A higher high has been made recently. The recent low hasn't made a lower low although it still could in the near future. Looking for price to test the recent high. What do you think?
Hello friends, Today I want to share some prior posts of BTC (Bitcoin), DXY (US Dollar Index) and TNX (10 Year Treasury Yield) that show how I came to my conclusion to liquidate my crypto and stock positions in December 2021 and share the same concerns with my community since November 2021. From this point, I still personally feel we have more downside to go in...
DXY has once again approached to its horizontal support of 109 - 109.5 where bulls try to make a comeback. This time around, we have confluence of bearish channel bottom, rising support and 100ema. If bulls manage to rise from here; we might see bull flag pattern in play
Falling wedge on DXY 2hr chart, tomorrow I predict that DXY is coming up because of CPI report. More blood coming on bitcoin. Trade accordingly to fundamentals.
Omg, is it really happening, with one month delay? For details please see idea published on 24th of September last.
US Dollar hold above major trendline support if any breakout trendline further down RSI bullish confirmation and hold and support 40 mark
Wow.... I think that yesterday is a day that no one was expecting and was ready for! As we are seeing Bitcoin making newer lows due to the bad environment we cannot tell what is about to happen next. But we have some data to look at. We are seeing that BTC wallets with 10k BTC are making a new ATH and they are not getting liquidated. Most of the people are...
DXY is currently holding the double bottom Above 110.42110.75 I am looking for continuation higher on DXY On a move down I am watching the 108.926 area for reaction.
#EURUSD resistance is 1.0050 and 1.0096. Support is 1.0028 and 0.9991.
DXY is on dynamic and static support, I give the possibility of strengthening the dollar
2 scenarios can happen the dollar is bullish right now since it just recently broke a high now i would like a pull back but tbh it could just keep pushing up to the high b4 coming back down but once price gets to that high i will see how price action develops this is just more confirmation on golds sells we are already in for the pull back 110.360-110-800 area...
Price is moving within an expanding channel patttern on the higher timeframe, & is approaching the lower boundry trendline which aligns with a key area of support structure. The zone below is where I will be watching for either price to continue back to the upside, or if a breakout of the pattern occurs to the downside, we can look for a trend reversal & for price...
On 15min TF there is good possibility for 1:7 RR trade idea, Check it out.
Technical & Trade View US Dollar Index Futures Consider 109 Target Achieved, New Pattern Emerging Bias: Bullish Above Bearish below 111.30 Technicals Primary resistance is 111.30 Primary pattern objective is 107.75 Acceptance below 109 next pattern confirmation Acceptance above 111.50 opens a test of 112.20 20 Day VWAP bearish , 5 Day VWAP bearish
Treasury yields recover from the previous day's losses as worries about China's economic slowdown and US government gridlock combine. The government is continuing its zero-tolerance policy, and the severity of the cases isn't showing a similar correlation, so the chances of China reopening have shifted to the downside. With the most recent addition of 8,335 for...