currently DXY is in a very strong support zone after a sharp decline due to lower inflation expectations in the US and as a result of less action expected from the Federal Reserve. Recession and possible global risk can make the dollar very strong and demand will be faced. A lot of data will be released until February 1, which is the Federal Reserve meeting, and...
stocks and other assets rally is gonna to stop soon...they thinks reopening of CHINA is the end of all crashes that we had. but I think its a childhood dream. Inflation is here yet. FED is here yet and so a monster recession is coming. by technical view we have a strong resistance right there and till it is valid this market is bearish as well as other assets like...
After its intensive correction to around 11700, the Nasdaq followed a heavy rejection. And in the second attempt, it continued its downward trend by hitting the trend line and confirming it. Currently, due to the preservation of the four-hour trend line and the signs of the end of the price correction in the daily chart, we can have a more bearish view about this...
After the last three CPI reports that reported better than forecasts, DXY start a corrective move so bad…but we thinks it’s over in view of the macroeconomic aspect as well as technical. Financial markets thinks we will have pivot on monetary policies of Central banks…it’s make not sense by any mean…here on technical we have an nice spike base at 105.500, and...
After the short leg that it had in the last week towards the supply areas in the range of $157, Apple shares were accompanied by heavy selling in several consecutive days. Yesterday, after the publication of the statement of the Federal Reserve and during Mr. Powell's speech, there was heavy selling pressure. The overall structure of the chart is currently...
Bitcoin buyers and all financial markets thinks it’s the end of the tightening policy of FED and the other Central banks…but it’s the biggest bull trap ever we see…bitcoin breaks all the trend line and ready to go down.NOW.
Related to the previous idea, this is the complete view on this chart by technical aspects…and by macro we know,,,recession is coming and we have bloody market(;
After the last few weeks of NZDUSD's rally, we have reached important supply areas and there is a possibility of a dip in the current price.
The USDJPY currency pair is currently located in its own one-year bullish channel and has continued to route itself with numerous touch of the middle line. The pair is currently in the price range of 146, which can move toward 150 by demand in this area.
The NZDJPY currency pair is currently trading in the range close to its long-term ceilings, and good sales can be made with price confirmations. Currently, after breaking the trend line and pulling back to it, as well as the high static level, a suitable bearish structure is being formed.
The US dollar experienced his worst day since 2016. The first, rumor of Covid's policy change in China, and the second, US employment statistics, caused heavy dollar loss. The first case was denied, and the second case, according to Mr. Powell and Federal Reserve, even if US employment is in trouble, they do not change their policies unless inflation returns to...
After increasing the interest rate by 0.75% with the retest of the previous 50% wave, the dollar index can face widespread support from buyers. The dollar can touch higher targets after a deep correction by touching the specified trend line. The dollar index has maintained its trend line in the daily and four-hour time frame, so the probability of its further rise...
After correcting its price by hitting the major trend line and maintaining it, the EURUSD currency pair is now back in its bearish structure, and according to the economic data of the United States and the Eurozone, the possibility of increasing the strength of the dollar against the euro is very high. Our opinion on the structure of the chart is bearish with a...
The dollar index managed to maintain its upward trend after the release of employment data. Currently, the 4-hour trend line and the bullish guard before breaking the previous ceiling are promising for the dollar to climb further. We can also see that with the formation of the cup pattern, the future targets can be 112.035 and 113.771. This is just my idea,...