In March 2020, we saw Silver shoot up in excess of 150%. Since then, we've been in a major correction for 2 years. A correction usually consists of 3 waves with wave C having 5 waves and following the impulse schematic. We can see that we're currently in wave 4 and approaching the wave 4 invalidation level. This allows us to have a clear area for sells and...
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. The Fed is on a data-dependent (meeting-by-meeting) policy stance, meaning incoming growth, inflation and jobs data remains a key driver for short-term USD...
#DXY Dollar Time Frame - H1 - We have " LEADING DIAGONAL " and Rejection from the Lower Trend Line #LTL Time Frame - H4 - " Falling Wedge " Pattern and Rejection from the Lower Trend Line #LTL - IMPULSE CORRECTION IMPULSE , completed the corrective waves " ABC " will Follow Impulsive Waves again Time Frame - Daily - We have " BULLISH CHANNEL " - Following...
The dollar index is the reverse indicator of the global stock market and the cryptocurrency in the currency circle. The dollar index is the global harvester of the Federal Reserve. Only when the dollar index plummets will the global stock market and cryptocurrency soar
TVC:DXY DXY Analysis Time Frame H4 Market in bullish and uptrend My Opanion for long
DXY NFP caused the USD to drop on Friday but i am still overall bullish on the USD. We are currently in a larger retracement. I will be looking for USD strength from the Daily Demand zone where i see some liquidity resting above. Once price reaches this area i will be moving down to the LTF and looking for bullish structure before looking for shorts on any...
Hello 🐋 As I mentioned in my previous analysis 👌📖 the price hit the target 💣🐋 and now more correction to the downside is an acceptable scenario 🚀👌
Traders and Investors, The dollar fell on NFP data last week after rising on FOMC in the same week. Now that it showed a few patterns playing out and rejection from a level, is it really bearish? There are few scenarios which first look at before we start to make any decisions. In this DXY (Dollar Index) analysis update we will look at what happened and what...
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. The Fed is on a data-dependent (meeting-by-meeting) policy stance, meaning incoming growth, inflation and jobs data remains a key driver for short-term USD...
Sunday, 6 November 2022 05:45 AM (WIB) DXY is in the progress of creating a strong Bull Flag and or Head and Shoulder formation. This would impact the result of the direction of Gold and other Currencies. Especially for EUR and JPY.
Here is my analysis going into the week. My entries are on the chart. Feel free to leave comments.
Everything may happen, yes, it is difficult to witness a decline in the Dow Jones index with the weakness of the dollar index, but I trust the technical analysis in this matter and the Dow will continue its decline towards levels of 31300 and may correct slightly to continue its march towards 30200 levels. 🔥💥 Like, Shared and subscription 💥🔥 Note: If you are a...
Sunday, 6 November 2022 05:05 AM (WIB) Is the Dollar Index at its peak? What’s the impact on the global market if DXY downgrade? What’s the correlation between DXY with Assets and Currencies? Check the sustainability with EUR, GBP, JPY, Gold, Crude Oil also Natural Gas.
DXY | After FOMC - What's Next? Yesterday FOMC didn't bring anything new at on the table. Most of the details that they shared were repeated from the previous time and overall it was in line with expectations. FOMC increased the interest rates during the previous month and their maximal interest price projection is not to far away from their actual...
🤑TOP DOWN ANALYSIS OVERVIEW🤑 🧐Eagle eye: structural Down Monthly : structure bullish but there are lot of weakness in monthly candle patterns last month is inside bar 😲insidebar😲 current forming 👎doji😲 weekly : a big Imbalance after it prices are going down and down 🥺 so the bigger picture is not clear and in bear favor 1 Structure analysis time frame :DAILY...
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. Markets expect another 75bsp hike in NOV and currently prices the terminal rate at 4.89%. The Fed is on a data-dependent (meeting-by-meeting) policy stance,...
The United States Dollar Index experienced some wild swings this week. As mentioned in our previous post, if price were to push past the 110.885 resistance region, we will likely see the Dollar push towards 111.665 which was what happened last week. Price continued to push on towards the descending trend line but was met with strong selling pressure and...