Headlines today: Fed Chair Powell says interest rates are ‘likely to be higher’ than previously anticipated. DXY was at a solid resistance cooled off for a bit under it, and it just broke that resistance to the upside. If interest rates need to continue to be raised we would expect more upside in the DXY. Rate hikes continue as expected -> DXY will follow...
Is Sunday again with starting our analysis off with WTI oil. For us it's a pretty simple setup this week. We're looking for a play off of the supply at the high of our swing, we're looking for price to drop down lower towards the 15 minute demand that we have highlighted below. Now of course, if we don't get a reaction at this supply. We will look for price to...
A peak was made when price was almost at 35000 and it has been bearish ever since, currently price is forming a bearish penant pattern that I expect that price will fill the imbalance at 33750 before it sells to 31700.
DX1💥4H-TIMEFRAME ANALYSIS 💗Hello ladies and gentlemen This is my new idea for 💥DOLLAR INDEX I hope my idea is clear Support me by like and share thank you Stay Safe💯💲💲💲 Good luck💰😍
Hello, do not be tired Everything is clear on the chart One of the scenarios that is much more likely to happen than other scenarios
we expect price back to the blackhole acting as support to push the price up words to the next resistance level if break it we will extend the profit to the last resistance level at 1H time frame as shown on the chart
The Dxy is following a downward channel, looking for the dxy to continue this trend and looking a short for this week.
Dxy is backing down for a new pair of jordan. All is to run faster and jump higher. Here is the level I expected.
US Dollar Currency Index (DXY) 1W hollow candlesticks After an ATH (All-Time High), the US Dollar Index appears to be finding its first major support area, which occurs from the golden ratio of the Fibonacci Retracement sequence. Two triangles are formed, two ascending triangles. In the first triangle, the breakout will occur at the end of 2022. Certainly from...
DXY weekly chart. I find a great time to sell, is when the price breaks the Bollinger channel to the upside. An aggressive strategy for sure, but can nail the tops. IMPORTANT -price can keep climbing so I rebuy if it runs up past my sell. None of this should be interpreted as financial advice, I am not a professional or certified financial adviser! all...
US Doller very log time this type of move i will see, This is good for the Indian and other currencey
150.00 is obviously an important level for the market. The BoJ certainly took notice at the breach of that level. The current intra-day trend is higher, with the US dollar appreciating against a basket of currencies.
The EURUSD is attempting to break out of this period of consolidation. The DXY confirms that the direction of travel this morning for the US dollar is higher, so the EURUSD sell signal on the 'Classic Retest' is valid.
Most likely LUNCBUSD remain in Buy for more years or even touch 0.5 or more so, so according to technical analysis i will give very big profit
For the method and strategy I used, this was a long trade but still easily manageable and highly profitable. With how this played out, we got to see that US30, US500 & US100 are not the same but have few similar characteristics. They all volatile, influenced heavily by fundamentals and easily misunderstood. My hate of overnight trades wants me to close, but rather...
Dollar continue bullish moves started in 2008. Positive year for USD. Let's see how fundamentals helps to continue this trend.
USD ELLIOTT WAVE FORECAST... : This X wave (yellow) had reached the golden fib and the intermediate C (pink) reached the 123%.. only one more possible target at 113.57. If the $ is reversing here, we most expect a retracement at least around 110.045, but 108.29, 107.25 and 105.51 are also possible. Other possible targets are 107.25 and 105.51.