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Kovachtrader

Is the DXY dollar index ready for a correction ? H4 08.11.2024💸 Is the DXY dollar index ready for a correction ⁉️ Looking back to 2016 when Trump first became US President, the dollar index initially reacted with a sharp rise and then a prolonged fall. I wonder if history will repeat itself again or if the market will take his second presidency more calmly in the distance. DXY formed a sellers' zone at 104.80-105.16, but the far resistance zone at 106 remains intact. It's not a sure thing that it will get there, but I keep the option in my head just in case. The priority for me is to fall from the nearest sellers' zone with the targets of 103.30 and lower to 102.30. I will specify in the process. TVC:DXY
TVC:DXYShort
by KovachTrader
WTI is targeting growth again. H4 05.11.2024🛢 WTI is targeting growth again 📈 Oil is looking at a possible pattern for a segment overlap to the upside in which we will again target a major upside. Price is now approaching the control margin at 73 and from there a local correction may be made and then growth will continue. Major volumes have stayed down and have been buybacks. Also OPEC+ have postponed the increase in oil production which will further support it. BLACKBULL:WTI
BLACKBULL:WTILong
by KovachTrader
Correction Gold. H4 04.11.2024Correction Gold 📉 On gold, I expect a deep correction to the buyers' target zone of 2637-2666. Just above the zone is the margin and also hits a strong accumulated volume profile on the rise. Together these factors give a high probability of a price bounce if it can reach the zone. From the current 2730 from 1/2 of the margin a bounce is also possible, but given the importance of the current week, the US elections on 5 November and the Fed rate on 7 November, we should consider the possibility of a deeper correction. CAPITALCOM:GOLD
CAPITALCOM:GOLDShort
by KovachTrader
Waiting for the DXY correction H4. 17.10.2024 Waiting for the DXY correction Ahead of the ECB meeting, the dollar index has reached a strong rotation level of 103.57 and the main question is whether there will be a reaction and correction downwards! There is also a spare resistance level at 104.20 and I do not rule out reaching it and then a serious correction to at least 102.28. There will definitely be volatility and it is important to watch the reaction through other currencies. TVC:DXY
TVC:DXYShort
by KovachTrader
Holding WTI buys. H4. 10.10.2024🛢 Holding WTI buys On oil in a private channel gave a zone for buying at 72.20. I myself bought a little higher at 72.50, but the accuracy is small, but the result is already there. I will hold the buy until the take profit at 80 with intermediate fixation of 50% at 78. If there will be another escalation of the conflict between Israel and Lebanon on the weekend, as well as natural cataclysms in the USA, it will be a positive signal for oil, as it will prevent the delivery of oil products. So buy hold and squeeze with private channel subscribers with it profit to the fullest. BLACKBULL:WTI
BLACKBULL:WTILong
by KovachTrader
Rebound correction Silver. H4 09.10.2024Rebound correction Silver Silver made a reversal downwards, which I wrote about in the last post Now the price has approached the margin zone and local support 30.20 from which they can make correction upwards. However, I believe that the fall will continue to the strong support zone 28.06-28.86 and in this zone I will look for culmination and a buy signal. Also, silver is now trading in the past profile accumulation area and if there is no reaction up, it will confirm the thoughts of a deeper decline. CAPITALCOM:SILVER
CAPITALCOM:SILVERShort
by KovachTrader
Correction and rebound down EURUSD. H4 08.10.2024Correction and rebound down EURUSD The euro has pushed down and formed a sellers zone at 1.1045-1.1085 from which I recommend to look for selling on the fall to the margin and option support at 1.0880. Also 1/2 margin zone falls into the sellers' zone and judging by the growing cumulative on the price drop, we will continue to fall after the pullback, so I do not change the priority. Keep in mind that within the medium term this is a general downward correction as the more global up trend continues. OANDA:EURUSD
Short
by KovachTrader
Rebound of EURUSD to the lower boundary H4. 03.10.2024Rebound of EURUSD to the lower boundary Euro is forming a correction downwards and judging by the options, will be taken out to the area of 1.1000. This analysis was shown in advance in a private channel for subscribers when a deep correction downwards was confirmed, and later clarified by options. From the lower boundary near 1.10 we will catch buys when confirmed. Cumulative delta rising on a decline is a sign of a pullback and continuation of the decline, so I am not in a hurry and waiting for a rebound with confirmation of a reversal. OANDA:EURUSD
Short
by KovachTrader
Continued fall of the dollar index DXY. H4 30.09.2024Continued fall of the dollar index DXY The dollar index is moving downwards without changes. There was an attempt to trade, above which it was not allowed to consolidate and eventually fell. I showed this in the last analysis and now I am aiming at the support levels around 99.20. Perhaps they will just make a false update of the low and come back, it is not known in advance, but at the moment we are trading near the visible support and so far without an upward reaction. Therefore, 99.20 is the next strongest level in recent years and it is ideal to test it before a reversal. TVC:DXY
TVC:DXYShort
by KovachTrader
The USDJPY correction is coming to an end H4 26.09.2024The USDJPY correction is coming to an end The yen is now forming a correction and the price has hit the marginal resistance zone around 145. From it I expect a bounce down to test the lower boundaries. Also, there was a rotation in the area of the zone in the past and periodically rebounds were made. Therefore, there is a probability that this time they will be able to bounce down at least locally. I don't see the options falling further than 139, but I aim for 140 approximately. OANDA:USDJPY
Short
by KovachTrader
2
Important update WTI. H4 26.09.2024WTI Important update Past WTI oil buys didn't manage to get fully developed and the overall correction ended near the nearest resistance at 72.00. On the downside, large volume was poured at 69.65 and eventually gave a push to the downside, thus forming a sellers zone. I believe the overall upward correction is over and will break the lower boundary with downside potential to 64.50 to the block option spread. Then we will watch the culmination below if given, but for now selling is the priority. BLACKBULL:WTI
BLACKBULL:WTIShort
by KovachTrader
USDCHF is stuck in flat. H4 25.09.2024USDCHF is stuck in flat On the franc since last week sat in buys, but the growth did not get. The movement in flat with testing of borders continues. Ideally, we would like to see the lower boundary down to the area 0.8300-0.8340 and then the beginning of growth. However, there is a local support of the lower boundary and 1/2 margin at 0.8400 on the way. Let's see how we will pass it and if it will pass. On options we are trading in the oversold zone. I closed the previous buys in a small plus and I will look for a new re-entry if clear volume conditions are given.
Long
by KovachTrader