Thanks to a strong January employment report, the greenback made an impressive comeback from the weakness since Q4. Someone might expect the strength could persist and even test 2022’s high, but I regard this as a rebound and the dollar will likely trade in a range between 100 to 108 (Dollar Index basis) in 1H 2023. First of all, the strength of greenback last...
Title: EURO FX Futures ( 6E1! ), H4 Potential for Bearish Drop Type: Bearish Drop Resistance: 1.10590 Pivot: 1.08270 Support: 1.05290 Preferred case: Looking at the H4 chart, my overall bias for 6E1! is bearish due to the current price being below the Ichimoku cloud , indicating a bearish market. If this bearish momentum continues, expect price to possibly...
Title: EURO FX Futures ( 6E1! ), H4 Potential for Bearish Drop Type: Bearish Drop Resistance: 1.10590 Pivot: 1.08270 Support: 1.05290 Preferred case: Looking at the H4 chart, my overall bias for 6E1! is bearish due to the current price being below the Ichimoku cloud , indicating a bearish market. If this bearish momentum continues, expect price to possibly...
Title: EURO FX Futures ( 6E1! ), H4 Potential for Bullish Continuation Type: Bullish Continuation Resistance: 1.09390 Pivot: 1.07540 Support: 1.05675 Preferred case: Looking at the H4 chart, my overall bias for 6E1! is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. If this bullish momentum continues, expect price to...
Title: S&P 500 E-mini Futures ( ES1! ), H4 Potential for Bullish Continuation Type: Bullish Continuation Resistance: 4180.00 Pivot: 3966.50 Support: 3788.50 Preferred case: Looking at the H4 chart, my overall bias for SPX is bullish due to the current price being above the Ichimoku cloud , indicating a bullish market. To add confluence to this bias, price is also...
Title: EURO FX Futures ( 6E1! ), H4 Potential for Bearish Drop Type: Bearish Drop Resistance: 1.07670 Pivot: 1.05085 Support: 1.03315 Preferred case: Looking at the H4 chart, my overall bias for 6E1! is bearish due to the current price being below the Ichimoku cloud , indicating a bearish market. If this bearish momentum continues, expect price to possibly head...
Title: EURO FX Futures ( 6E1! ), H4 Potential for Bearish Drop Type: Bearish Drop Resistance: 1.07670 Pivot: 1.05085 Support: 1.03315 Preferred case: Looking at the H4 chart, my overall bias for 6E1! is bearish due to the current price being below the Ichimoku cloud, indicating a bearish market. If this bearish momentum continues, expect price to possibly head...
Title: EURO FX Futures ( 6E1! ), H4 Potential for Bullish Continuation Type: Bullish Continuation Resistance: 1.07935 Pivot: 1.05085 Support: 1.03315 Preferred case: The current bias for 6E1! on the H4 chart is bullish. To add to this bias, the price is currently above the Ichimoku cloud, indicating a bullish market. If this bullish momentum continues, expect...
Title: EURO FX Futures ( 6E1! ), H4 Potential for Bullish Continuation Type: Bullish Continuation Resistance: 1.07935 Pivot: 1.05085 Support: 1.03315 Preferred case: The current bias for 6E1! on the H4 chart is bullish . To add to this bias, the price is currently above the Ichimoku cloud , indicating a bullish market. If this bullish momentum continues, expect...
Title: EURO FX Futures ( 6E1! ), H4 Potential for Bullish Continuation Type: Bullish Continuation Resistance: 1.07935 Pivot: 1.05085 Support: 1.03315 Preferred case: The current bias for 6E1! on the H4 chart is bullish . To add to this bias, the price is currently above the Ichimoku cloud, indicating a bullish market. If this bullish momentum continues, expect...
Title: EURO FX Futures ( 6E1! ), H4 Potential for Bullish Continuation Type: Bullish Continuation Resistance: 1.07935 Pivot: 1.05085 Support: 1.03315 Preferred case: The current bias for 6E1! on the H4 chart is bullish . To add to this bias, the price is currently above the Ichimoku cloud , indicating a bullish market. If the bullish momentum continues, expect...
Title: EURO FX Futures ( 6E1! ), H4 Potential for Bullish Continuation Type: Bullish Continuation Resistance: 1.07935 Pivot: 1.05085 Support: 1.03315 Preferred case: The current bias for 6E1! on the H4 chart is bullish . To add to this bias, the price is currently above the Ichimoku cloud , indicating a bullish market. If the bullish momentum continues, expect...
S&P (in this chart ES futures) divided by EURUSD (in this chart Euro futures): The whole of 2022 could be Wyckoff distribution, now entering Phase C, the shortest phase. To confirm the pattern and continuation to phase D, look for: Fed hike less aggressively in 2023 ECB hike more aggressively in 2023 A move up in EUR (a move down in DXY) A move down in...
Title: EURO FX Futures ( 6E1! ), H4 Potential for Bullish Continuation Type: Bullish Continuation Resistance: 1.06680 Pivot: 1.05085 Support: 1.03315 Preferred case: The current bias for 6E1! on the H4 chart is bullish . To add to this bias, the price is currently above the Ichimoku cloud , indicating a bullish market. If the bullish momentum continues, expect...
Title: EURO FX Futures ( 6E1! ), H4 Potential for Bullish Continuation Type: Bullish Continuation Resistance: 1.06680 Pivot: 1.05085 Support: 1.03315 Preferred case: The current bias for 6E1! on the H4 chart is bullish . To add to this bias, the price is currently above the Ichimoku cloud , indicating a bullish market. If the bullish momentum continues, expect...
Title: EURO FX Futures ( 6E1! ), H4 Potential for Bullish Continuation Type: Bullish Continuation Resistance: 1.06680 Pivot: 1.05085 Support: 1.03315 Preferred case: The current bias for 6E1! on the H4 chart is bullish . To add to this bias, the price is currently above the Ichimoku cloud , indicating a bullish market. If the bullish momentum continues, expect...
Title: EURO FX Futures ( 6E1! ), H4 Potential for Bullish Continuation Type: Bullish Continuation Resistance: 1.06680 Pivot: 1.05085 Support: 1.03315 Preferred case: The current bias for 6E1! on the H4 chart is bullish . To add to this bias, the price is currently above the Ichimoku cloud , indicating a bullish market. If the bullish momentum continues, expect...