As we head into the FOMC interest rate decision, here are some guiding thoughts when you are trading a major news event.
After correcting its price by hitting the major trend line and maintaining it, the EURUSD currency pair is now back in its bearish structure, and according to the economic data of the United States and the Eurozone, the possibility of increasing the strength of the dollar against the euro is very high. Our opinion on the structure of the chart is bearish with a...
EUR/USD currently holding Support shown as S on the chart, also holding the EMAs 8 and 34. DTF we have a Rising Wedge with a target to the WTF S as shown on the chart if it plays out. DTF and WTF quite far from the 200SMA and Gaussian channel. We have completed 5 Waves to the downside, followed by oversold and a bounce. Once we take the Gaussian Channel on DTF...
chart of dxy for all of markets in future. dollar index in(M) TVC:DXY
See Picture For Analysis: -Price reacting off of demand + support + a strong USD dollar for 2022. -Waiting for evidence of buyers to step-in.
Euro/U.S.Dollar was able to make a Bearish 🏁Flag🏁 Pattern in a 15min timeframe. It seems Euro/U.S.Dollar broke the lower line of the bearish flag pattern. I expect Euro/U.S.Dollar will go down to the targets that I specified in my chart. 🔅Euro/U.S.Dollar Analyze ( EURUSD ) Timeframe 15min⏰. Do not forget to put Stop loss for your positions (For every position...
Gold had two different reactions against two trend lines. Gold broke the main trend line, but it failed and started to fall from the PRZ(Price Reversal Zone), which caused the breakthrough uptrend line to break. According to the above description, the Gold will fall to the targets I specified in my chart. Gold Analyze ( XAUUSD ), Timeframe 1H. Do not forget to...
EUR/USD resistance is 0.9907 and 0.9961. Support is 0.9812 and 0.9763.
SELL @ 0.59000 Sl @ 0.59640 Tp @ 0.55000 Expecting USD strength during the interest rates decision which is due later on today.
Hey traders, in today's trading session we are monitoring DXY for a buying opportunity around 111 zone, once we will receive any bullish confirmation the trade will be executed. Trade safe, Joe.
We are currently in a bullish corrective phase on the dollar index and a break above 115.41 which happens to be a valid level of resistance. However, a break below 110.230 may indicate a change of market direction.
i dont normally share my analysis with shorter time frame becuase it always choppy,just give it a try to sell position with gbpusd hopefully it will work.
Hello TradingView Family / Fellow Traders. This is Richard Nasr, as known as theSignalyst. 95 out of 500 days done. I truly appreciate your continuous support everyone! Let me know if you like the series, and if you would like me to change or add anything. Always follow your trading plan regarding entry, risk management, and trade management. Good Luck!. All...
Dxy on resistance, drop in short terms, long term bullish.
Going along with the strength returning to the US dollar, I am expecting to see a rejection soon of the highs in the GBPUSD.
Yesterday gold got some bullish price action broken out from the key level 1642-1644 back tested and went up to 1657, as stated in earlier reports but after PMI & JOLTS job opening data , dollar roar again caused weakness in gold and went back below 1644-1645. Today we are expecting gold to gain back all the losses made from PMI & Jolts job opening, As we...
Today, we have news that will determine the next move on the dollar. There is a higher probability for a strong USD but the market could also surprise us and that's why it will be probably best to trade after the news. The main sell scenario would be to wait for price to reach the parity level and leave a rejection wick there. However, if it reaches the...
DXYUSD daily guidance is neutral with a bullish bias. Recommended ratio: 52% DXY, 48% Cash. * FOMC WATCH . DXY, VIX and Agriculture are down while Cryptos, Equity Futures, US Treasuries, CNYUSD, JPYUSD, GBPUSD, EURUSD, Metals, Oil and Energy are up. White House Economic Advisor Bernstein said today that "President Biden has endorsed the Fed's policy pivot",...