USDOLLAR trade ideas
UsdollarIt's a long shot, however I do see a bullish trend for the usdollar..Tp for the buy would be the line, swing trade
Is this the end of a cycle?Novice here. Just playing around.
RSI can push higher but I expect the volume range (set at 70%) to be re-entered in the next six to twelve months.
Welcome any feedback in the comments below.
:)
Bull DXYThe dollar it's still ranging on 30m timeframe,I'm expecting it to drop since it failed to make high and made shift in market structure.
Bearish Dollar is losing value I'm expecting it to drop from my point of interest,it failed to make higher high now it will grabs liquidity from that uptredline.
Unfilled GAP on BTC us dollar Unfilled gap on USDOLLAR/Btcusd chart. Will fill
This is on the USDOLLAR/BTCUSD CHART- which is a glitch chart on TV that plays into btc trading constantly
US Dollar Index Bearish?My outlook on US Dollar Index is extremely bearish as it forms a double top pattern on weekly TF & it will make retracement on FIB level 0.618 as shown in the chart below. What this means for crypto? "Relief Rally" : Fingers Crossed:
USDOLLAR for the weekUSDOLLAR has reached an orderblock zone, reversal can happen anywhere around 12836 - 12933. If it doesn’t happen, we will look to see if there would be a break of structure at 12954. By my prediction, BOS is more likely, but we have to be reactive and not predictive. The momentum on Monday should be a signal for the direction. Fingers crossed.
USDOLLAR on D1 TFI expect the previous low at 12630 to be broken before confirming the downtrend. We can still see a short rally up to the resistance at 12931 before continuing to the downside.
Gann star.support and resistance lines..
horizontal lines are Support/Resistance .
Vertical lines are time pivots .
Appreciate your Comments.
GL
USDOLLAR Retracement SHORT to 0.618 Retracement and lower chUSDOLLAR is set for a pullback to the FIB retracement level 0.618 after testing the upper channel....now ready to trace to the bottom channel and the 0.618
SWEET DOLLAR INDEXHello Traders,
Dollar is still strong but this might be the last bullish leg before a midterm short. I will be bullish on the dollar for next week.
Cheers!
DOLLAR INDEXThe weekly price chart below shows the U.S. Dollar Index rose slightly last week, in line with the long-term bullish trend, printing a bullish doji candlestick, which can be a sign of indecision. However, the lower wick was supported by 12293, so if the price can break last week’s high over the coming week, it will be a bullish sign Dollar bulls will be encouraged that the nearest support level, shown in blue at 12293 within the below price chart, has continued to hold, giving hope that the greenback will resume its advance more strongly.
It may be wise to take trades in favor of the US Dollar in the Forex market over the coming week.
US DOLLAR SHORTFrom my technical analysis, MONTHLY & WEEKLY timeframes are well positioned at the resistance level. Daily timeframe has shifted structure. I will advise you to wait for 4H to change market structure to short.
This is for SWING traders but for shorter term traders, you can adapt this to your strategy.
For next week, I will be looking for long opportunities in Both EURUSD AND GBPUSD. Also a short opportunity in USDJPY.
Cheers fam!
USDOLLAR potential for bounce! | 18th March 2022Prices have recently broken out of the ascending trendline support.
We see the potential for a retest from our Pivot at 12285 in line with 78.6% Fibonacci retracement towards our Take Profit at 12355 in line with 61.8% Fibonacci retracement . Prices are trading above our ichimoku cloud support, further supporting our bullish bias.
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USDOLLAR potential for bounce! | 18th March 2022Prices have recently broken out of the ascending trendline support.
We see the potential for a retest from our Pivot at 12285 in line with 78.6% Fibonacci retracement towards our Take Profit at 12355 in line with 61.8% Fibonacci retracement. Prices are trading above our ichimoku cloud support, further supporting our bullish bias.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
Dollar index potential for bullish momentum! | 17th March 2022Prices are on bullish momentum and abiding trendline. We see the potential for a bounce from our buy entry at 12326 in line with 161.8% Fibonacci Projection towards our Take Profit at 12393 at in line with 78.6% Fibonacci retracement. Prices are trading above our ichimoku clouds, further supporting our bullish bias.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
USDOLLAR on bearish momentum! | 16th March 2022Prices are consolidating in a parallel channel. We see the potential for a dip from our sell entry at 12394 in line with 100% Fibonacci Projection and 161.8% Fibonacci Projection. RSI is at levels where dips previously occurred.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
USDOLLAR potential for pullback!Prices are consolidating in a bullish channel . We see the potential for a dip from our sell entry at 12398 in line with 161.8% Fibonacci Projection towards our Take Profit at 12333 in line with 23.6% Fibonacci Retracement and 50% Fibonacci retracement . RSI are at levels where dips previously occurred.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
USDOLLAR potential for pullback!Prices are consolidating in a bullish channel. We see the potential for a dip from our sell entry at 12398 in line with 161.8% Fibonacci Projection towards our Take Profit at 12333 in line with 23.6% Fibonacci Retracement and 50% Fibonacci retracement. RSI are at levels where dips previously occurred.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
USDOLLAR potential for bullish continuation! | 11th March 2022Prices are on bullish momentum and consolidating in a parallel channel . We see the potential for further bullish continuation from our buy entry at 38.2% Fibonacci retracement towards our Take Profit at 12346 in line with 100% Fibonacci Projection and 61.8% Fibonacci retracement . Prices are trading above our ichimoku cloud support, further supporting our bullish bias.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
USDOLLAR potential for bullish continuation! | 11th March 2022Prices are on bullish momentum and consolidating in a parallel channel. We see the potential for further bullish continuation from our buy entry at 38.2% Fibonacci retracement towards our Take Profit at 12346 in line with 100% Fibonacci Projection and 61.8% Fibonacci retracement. Prices are trading above our ichimoku cloud support, further supporting our bullish bias.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
