Get started

US

EURUSD 2 POSSIBLE OUTCOMES. THE CHOICE IS YOURS...THERE ARE STRONG RESISTANT LEVELS. BULLISH MOVEMENTS TOWARDS THESE RESISTANT LEVELS. DEPENDING ON STRUCTURE IF CANDLES DO NOT CROSS BACK OVER THERE IS STRONG POTENTIAL FOR A UPWARD CONTINUATION. TECHNICAL ANALYSIS ONLY. BASED ON FUNDAMENTAL ANALYSIS,STIMULUS IN THE US COULD DRIVE THE DOLLAR PRICE DOWN ONLY CAUSING MAJOR GAINS FOR CURRENCY I.E GBP, JPY, AUS, CHF AND CAD. HAVE A LOOK AT CORRELATION BETWEEN COMPETING MARKETS AND MAKE YOUR DECISION, I AM WAITING ON EITHER BREAK OF STRUCTURE OR STRONG BULLISH CANDLE / HAMMER. (DISCLOSURE THIS IS NOT A SIGNAL THIS IS JUST A PERSONAL INTERPRETATION OF MARKET MOVEMENT)
by BlockaTrades
DOLLAR INDEX (DXY) Trend Reversal & Strength hey traders, it looks like we finally see a confirmed bearish trend violation and reversal on DXY. from 6th of January, we see the zigzag movement with 89.1 initial low, equal high retesting the December's lower high, higher low and finally a new higher high higher close on a daily yesterday. it is a classic price action reversal formation. now in the mid-term, I expect more strength to the dollar. The closest resistances to look at: 91.75 92.15
TVC:DXYLong
by VasilyTrader
11
EURUSD: Where are We Going? Price Action Analysis EURUSD is currently stuck within an expanding triangle formation on 4H. Its lower boundary is based on a major horizontal daily/4h support. Its upper boundary is based on a strong 4H rising trend line. The breakout of its boundaries will clarify the future long term direction of the market. If we see a bear breakout of horizontal support, it will most likely lead to a start of a long term bearish trend on a pair. If we see a bullish breakout of its trend line, bullish continuation will most likely follow. For intraday trading, both boundaries can be considered. Please, support this idea with like and comment. Thank you
Long
by VasilyTrader
12
2021: Hyper volatility expectedIn 2021 we should see massive moves not only in stock but also in forex as the US stock market is priced in US Dollars (88 percent of foreign exchange transactiosn globally). Volatility equals economic instability. Get ready for the show! SPX Volatility Index (VIX) already set some records in January. (VIX put in for an incredible run Wednesday. On a purely notional basis, the index charged over 60 percent higher this past session – the third biggest advance from the ‘fear index’ in its record.) It is going to be interesting year!
ULong
by ICFX
Super choppy few days. The Dollar is firmer across the board...Super choppy few days. The Dollar is firmer across the board in the run up to the FOMC amidst little expectation of really anything major in terms of policy moves or fresh guidance beyond the inevitable updated assessment of the economic situation and outlook since the prior meeting, plus anything Fed chair Powell reveals in the press conference via text or during the Q&A (full preview of the event available in the Research Suite). However, durable goods in the interim often has the potential to surprise and could provide the Buck and index with another test of resilience after the latter extended its run of consecutive closes above 90.000 on Tuesday to 9 trading sessions, and just carved out a firmer 90.432 intraday high vs 90.119 at one stage, albeit with a big helping hand from the Euro.
TVC:DXYLong
by FTUKcom
1