CENTRAL BANKS ARE PLAYING THEIR CAT & MOUSE GAME. IF ANY CENTRAL BANK COMES OUT WITH A PIVOT THIS WEEK $DXY WILL WASH RIGHT OUT OF THIS FLOOR. It's hump day... 109's will be enticed, trapped, and move either direction... up or down will depend on which Central Bank pivots. Which Central Bank will it be is the question. #25Sigma #PivotJungle
Chart showing us we have a strong support in 109 zone in daily weekly and hourly channel While btc have strong resistance between 20500 to 21K And over bought the best chance is short btc from 20600 zone with stop loss of 109 in DXY *never forget that market is unpredictable* ** dxy is over sold hardly in all TIME zones**
Trade Idea: Buying GBPUSD Reasoning: GBPUSD Breaking out Entry Level: 1.1542 Take Profit Level: 1.1861 Stop Loss: 1.1422 Risk/Reward: 2.66:1 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 , like all...
DXY | The price continues to move lower after breaking 111.85 Yesterday afternoon, DXY managed to break below 111.85 after a long period of accumulation. During the last hour, the price reached a new low breaking 110.75 The first and strongest support zone will be found near 110,200 Targets on the chart! Thank you and Good Luck!
In the previous analysis, we bought from 1620 with a target of 1660 and we make it risk-free and close. The daily trend of gold is downward. In the specified areas with the specified stop, you can sell. Good luck .
Let's play with the dollar index chart and try to predict the overall market sentiment. We can have a nice correction towards 108, which might be a good time for bitcoin to have a nice correction all the way to 29k and 37 k levels. The highest I want to see in DXY is around 120. Please share your idea and chart analysis below DXY us dollar index chart...
Hi, I dont like to type long, actually chart explain everything dxy parabola has been broken but, we are important support right now I think we wait to major trend broken and we should wait for the price to close below the trend for be bullish again.
Here is my view for DXY on H4. The price could go down, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
The Reading that Im interpretting is that institutions are rebalancing ahead of high impact news to bring counterparty interest into the market as for the seasonal session we are rolling into a new one. I wont rule out that usd pairs may continue to rise over the next few weeks and the USD unwinds through what may be just profit taking measures. But this...
Looking for buys over the next several hours here on gold, I'm expecting bullish momentum during US session. Price is currently in a previously supply zone now turned demand and we should see bullish break of structure on the H1 very soon.
From a monthly perspective, Gold has recently tested a monthly demand and take profit zone near $1610. We as traders should expect a weekly break of structure in this area so that a monthly bullish candle forms as a result. Looking at price action, we can see gold has made a monthly impulse to the downside for about 6 months. Price looks to be exhausted at...
DXYUSD daily guidance is cautiously bearish. Recommended ratio: 15% DXY, 85% Cash. * BOUNCE WATCH . DXY, US Treasuries and VIX are down while EURUSD, GBPUSD, JPYUSD, CNYUSD, Cryptos, Equities, Equity Futures and Commodities are up. US October Consumer Confidence dropped to 102.5 from 107.8 in September as consumers are beginning to expect economic decline...
I could see something like this playing out where the DXY goes sideways for a bit and continues to fight that resistance trend line, followed by a big dump. The monthly RSI already reached 80, and on the weekly chart we still have bearish divergence. If that top trend line breaks bullish with a monthly close, then 120 would be very strong resistance.
It's quite the sell-down in the USD today with the USD lower by 1% and down against all major currencies. While the SEK has worked best on a percentage basis, it’s the GBPUSD that has been the star performer for me, gaining 1.7% - while most will put this down as the “Rishi rally”, it feels its feeding off the relief from lower gilts yields as well as the broad...
XAUUSD analysis: According to the formation of the trend in the 15-minute time frame, we expect a return to the ceiling of the trend line, and we can expect a drop from the range of supply and demand. . . price:1656 sl: 1664 tp1: 1644 tp2:1636 tp3:1629 . . 👤 Alireza hajighasem : @alirezahajighasem . . 📅 10/24/2022
The U.S. Dollar Index (DXY) has been pulling back since the September 28 High. Technically it has been trading within a long-term Bullish Megaphone pattern since the start of the year. Today the price hit the 1D MA50 (blue trend-line) for the first time since August 15. With the 1D RSI approaching the 41.00 Support, which has formed 3 out of the 4 total Lows of...
Todays news announcement has created a high volume imbalance. Looking to get a short entry at previous high to fill this imbalance. Limit Short @ 0.9977 20pip stop @ 0.9997 -> can increase stop to 40 pips for higher winrate Final TP @0.99