Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. USDJPY is overall bullish from a long-term perspective trading inside the brown channel. However it is approaching the upper brown trendline acting as an over-bought zone. Moreover, the zone 147 - 150 is a strong supply zone . So the highlighted purple circle is a strong area...
after the long rally we have good correction so we expect the the price will back to the rejection levels that we will expect more rejection by the strong buyers at these levels as shown on the chart
i tried at 1 hour time frame for sell option but dxy movement changed the option but weve still same sell opportunity aviable who can wait,as you can see like a last week market just doing nothing until fed or infilation announcment which is not reral factor to move market just give us a more volatilty thats all the end of the day market still going to where to...
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...
Trade Idea: Selling USDCAD Reasoning: Head and shoulders top on USDCAD Entry Level: 1.3511 Take Profit Level: 1.3344 Stop Loss: 1.3558 Risk/Reward: 3.51:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis...
Shorts only for the US dollar today, but looking at the chart we have a reasonable target to the downside which would complete a channel. A further push lower into an imbalance with a swing low with plenty of stops below it. To the upside, we have a double top and a continuation of a larger/higher time frame bullish trend. In these markets, you need to pick a...
hi friends this is my idea about gold i put this idea befor it is just update! go to the Previous link under this analysis.
USDJPY - The pair is consolidating in a triangular structure. As long as the invalidation level isn't reached, the price is likely to turn bearish again for the next wave.
Anticipate higher volatility in the DXY today with the US Congressional Elections due. However, this news event is unlikely to cause a significant change in the longer-term trend. As the DXY trades along the 110.35 price level, look for a possible rebound on the DXY. If the DXY trades above the 110.70 price level, the price could continue higher toward the next...
Yesterday, we talked about potentially selling from the 1,0050 level. However, we then had an impulse move to the upside which doesn't allow us to enter short. That's why this setup isn't valid anymore and we will be looking to sell another time. Also, current price level aren't suitable for long positions either and that's due to lack of decent risk to reward...
The US 10-year Treasury yield, the benchmark for borrowing costs worldwide, hit 4.2%, approaching a 15-year peak of 4.3% hit in late October, as worries about inflation and aggressive Fed tightening spooked investors. The Federal Reserve delivered a widely expected 75 bps hike last week while flagging a longer monetary tightening path as the central bank seeks to...
Check out the trade plan for DXY today based on the technical analysis. Hope this analysis is useful, make sure to hit the thumbs and also follow my tradingview profile for future updates. Thank you! DXY remain stronger for the last few months following the structural expanding channel with few strong bull flags. Here I am expecting another possible bounce back...
- Divergence between Dollar and 2Y T-NOTE (inverted) is growing - Wait for Dollar to meet downside target(s) (106 ? 103 ?) - Then expect Dollar to close the gap with an explosive move higher
I hope you will share your questions and comments with me 11/08/2022 DYOR
Hey Guys! I hope this analysis will be useful for you Share your comment with me thank you 11/08/2022 (DYOR)
Looks like a bull flag on the Dollar. Maybe down to 109 then a big bounce and carries on after midterms.
Good day everyone! Last week, we saw the feds + the rumors of china reopening pushing USD down alot. Now that we know china will not remove their zero-covid policy for a couple of months, USD should get stronger! Also, thanks to everyone for the support lately, it really keeps me motivated to give the community the best quality analysis! Cheers to many pips!