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US-DOLLAR

GBPUSD: Key Level, Reversal Signs & Candles hey guys, GBPUSD reached a key daily structure yesterday. the price has formed a perfect dodji candle on that and on 4H we see a strong bearish reaction with a bearish engulfing candle. the last resort for buyers is the support of the rising wedge pattern on 4H. in case of its bearish violation, the price may drop even lower. our trigger is 4H candle close below the wedge. target levels: 1.252 1.246 if the above-mentioned support is respected and the market sets new higher high higher close within the wedge, setups will be invalid.
Short
by VasilyTrader
11
💵 The U.S. dollar Remains at the Mercy of SPX Speculation 💵Something pretty interesting happened when the DXY ( U.S. dollar index ) is inverted, and split chart next to the US500, a derivative of the SPX500 that trades within the construct of the OTCC markets and is a good 24/5 proxy. This being said, all of us in the FX market-- rather we like it or not-- are at the mercy of the SPX . The SPX is the most highly speculative instrument in the world. Speaking as someone who was complaining about the 12 year low ATR's the Euro was compressed to this time last year (July of 2018), I welcome the ability to trade speculation, at least there's some volatility we can get a bite at. Can we can make more informed trading decisions for the U.K. and U.S. sessions as forex traders by paying attention to the equity market; or is it the other way around? Just a theory.. should Trump resign--in a manner of 'dropping the mic-- with national polls suggesting Biden have over 10% leads in many very critical states for the entire Republican game plan. Now, if Pence takes over to fight Biden , I could care less to speculate; I will be here trading and making money regardless of who's president. What if..the market has been pumped by Pump and friends (Kulow, Mnchin, Powell), --and he essentially dumps.. that would make this just another pump and dump?
CAPITALCOM:US500Short
by TayFx
16
Timeline since November 2017 when Trump gets electedThis is not meant to offend anyone, this is just my satirical view of what has happened since Trump took office. November 2017- Oh crap Trumps going to win, the economy will tank!!! SELL EVERYTHING! January 2017- Trump takes office, SP500 around 1800. CHUMP CHANGE FAKE NEWS. MAGA February 2017- Tax breaks begin, let's do this!!! To the MOOOONNNN!!!!! December 2018- Federal Reserve gets greedy, they want in on the action. Wall Street says no, not today Junior. January 2019- Market rebound begins again- MAGA! November 2019- What is COVID 19? CHINNNNAAAA- FAKE NEWS! February 2020- THATS COVID 19????? UH-OH BRACE FOR IMPACT March 2020- This doesn't affect us that much- FAKE NEWS!!! May 2020- COVID doesn't exist, its all hyped up by the Media. June 2020- Maybe we should have stayed home? Nah... THAT'S WHAT THEY WANT US TO THINK- Mind control Summer 2020- Let's have a cookout and pretend everything is normal. September 2020- Schools open, business returns to work. That was a fun vacation. November 2020- Everyone is sick, no one can vote. Trump continues on as president. January 2021- Toilet paper worth more than USD. People use US dollars as toilet paper. July 2022- BTC, ETH, and XTZ are now viewed the same was as JPM, Morgan Stanley, and Goldman Sachs.
SP:SPX
by JaySwingFx
EURUSD: Still Bearish for Next Week hey guys, though my last trading setup on EURUSD was stopped out, I still believe that the underlined 4H structure resistance will hold. on Friday the price has attempted to break above that but was immediately rejected by a bearish engulfing candle. taking into consideration that the pair is locally bearish since 10th of June, chances are high that at least the current local low will be reached next week. goal for sellers is 1.118 if only bulls break above the yellow resistance we can talk about a shift in our bias.
Short
by VasilyTrader
3
EURUSD: Still Bearish for Next Week hey guys, though my last trading setup on EURUSD was stopped out, I still believe that the underlined 4H structure resistance will hold. on Friday the price has attempted to break above that but was immediately rejected by a bearish engulfing candle. taking into consideration that the pair is locally bearish since 10th of June, chances are high that at least the current local low will be reached next week. goal for sellers is 1.118 if only bulls break above the yellow resistance we can talk about a shift in our bias. have a great weekend!
Short
by VasilyTrader
14
DOLLAR INDEX (DXY) Will it RECOVER??? hey guys, after a strong rejection from 3 days key support level dollar leaves clear reversal clues. the price stopped setting new lower lows on 4H and currently is on its way to test local structure high - the last resort for bears. being broken to the upside, the market will set new higher high higher close and local bullish trend, giving us hope for greenback strengthening. also note that all USD majors pairs stopped bullish rally and currently leaves reversal clues as well. be prepared for a change.
TVC:DXYLong
by VasilyTrader
9
EURUSD: Price Action & Scenario For Next Week Ice breaks and EURUSD finally started a bearish movement this week. on Friday the price managed to break below a strong demand area and successfully closed below daily/4H structure. short term bias is now bearish and next week I will anticipate a bearish continuation to lower structure levels. HOWEVER, talking about a 1H t.f perspective, things are bit different: the price has formed a perfect ABCD pattern formation and it will most likely retrace to 1.1275 resistance based on the projected CD leg, and boundaries of a falling parallel channel. then buyers will face a wide resistance cluster and selling rally will most likely continue. next goal for sellers will be 1.117 support (based on horizontal structure and support of the channel) good luck!
Short
by VasilyTrader
20
NZDUSD: How to Catch Bearish Wave? US Dollar is finally showing us its strength and all major pairs are now weakening. To catch a bearish continuation on NZDUSD, pay attention to a descending triangle formation. 0.6395 is its horizontal support. let bears break and close below this level and then sell on retest with sell limit or aggressively. with confirmed structure breakout, the market will drop lower. next goal will be 0.6345 remember that the price may start coiling within a triangle. manage your chart with alerts to not miss a breakout.
Short
by VasilyTrader
10
EURUSD: Price Action & Scenario For Next Week Ice breaks and EURUSD finally started a bearish movement this week. on Friday the price managed to break below a strong demand area and successfully closed below daily/4H structure. short term bias is now bearish and next week I will anticipate a bearish continuation to lower structure levels. HOWEVER, talking about a 1H t.f perspective, things are bit different: the price has formed a perfect ABCD pattern formation and it will most likely retrace to 1.1275 resistance based on the projected CD leg, and boundaries of a falling parallel channel . then buyers will face a wide resistance cluster and selling rally will most likely continue. next goal for sellers will be 1.117 support (based on horizontal structure and support of the channel) good luck!
Short
by VasilyTrader
2
US Dollar - Up or Down DXY TVC:DXY So lots people believed that the US dollar would soaring by now. It may still BUT this interesting and accurate tool - ( that you can use from the Public Library from LonesomeTheBlue - called 'Divergences for Many Indicators ' ) says there no divergences yet. The numbered boxes add up the divergences which usually lead to a move. So the The Dollar is got ahead of its self much like the SPX - it might just crawl back into the channel and continue further down.
TVC:DXY
by Maximilianned
Gold: Daily Posoitioning and Macroecnomic Analaysis If the market actually believed and is pricing in that the United States is infact transitioning from deflationingary to a recession, this doesn't negate the true possbility of turning to stagflatioon as a transitionary result of the current FED stimulus rather than a "V shaped recovery". I've been bullish since 1,200 and I can promise I've remained bullish longer than the bears against my treasury and gold calls over the years. This is a direct attack at the establisment, who looks to market up there book anyway, which I digress. What I'm concerned is that if the data beyond June and July is Quad 2 (positive economy growth with validated and justifiable increases in both inflation and real G.D.P. growth. However, this isn't the case. If this way, you would see me selling gold, as this is an auto risk-management. However, when treasuries and gold goes bearish, I will buy the finaincial,s and the russell 2000. Understand that I am a longterm analyst that doesn't rely on the SPY to click bate you into my trading course. 13:34:20 (UTC) Wed Jun 3, 2020
TVC:GOLDLong
by TayFx
4
USDCAD: Key Weekly Levels USDCAD is falling like crazy. here are the strongest key weekly support levels to catch a pullback: support 1 - 1.33 - 1.335 area based on a major rising trendline and a horizontal structure support 2 - 1.30 level based on a horizontal structure Closest key resistance: 1.37 - 1.38 area based on a horizontal structure also, many questions about the current price level 1.35 it is also a strong structure level, however, the reaction from it will be most likely quite limited so I have just neglected it on purpose. however, if you see a decent opportunity on that, why not to try to catch it)
Education
by VasilyTrader
14