This is my updated analysis on the DXY. Still bullish. Relative equal highs on the daily are my first target. Simple... Easy... - R2F
For those that know me, you know I love a harmonic pattern. Here is a potential set up for gold shorting. If it turns round from here then I will trade to D, and then trade the pattern as per this picture. If it breaks the price on the close of day candle then I will delete this bat I understand that this is a scary picture. But if you go and look at the DXY you...
DXY D1 XAUUSD experienced a substantial surge, mirroring the impressive ascent of US30, US100, and other ***USD-based instruments. This surge was prompted by a notable sell-off in the dollar, aligning with CPI figures that fell below expectations. The market displayed a strong, one-directional momentum, creating a powerful and widespread impact across various...
Hello traders, DXY showed lot of momentum in the past two days, I favour more upside for the dollar coming to next we may creat the low of the week on monday and tuesday to expend higher for the rest of the week taking the higher liquidity which will give us a lower EU and GU .
Monday, September 10, 2023 In the weekly chart of the US #Dollar Index, the market structure appears #bullish. Recently, the market found support around the 104 level, and the Dollar #Index has reached the 38.2% Fibonacci retracement level as part of a corrective move. In this week's trading, if the current #uptrend continues, and the 38.2% resistance level at...
it looks to me like the dollar is going for a bullish run the weekly candle closed as a big big bullish hammer on a key level that it is not the only thing the price broke but it also broke a bearish trendline. we may see a dollar dominated by buyers
First Week of June gonna be interesting - Gold is now ready to close it last gap below 1900 that has been left months back.
DX1 DOLLAR💥1H-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💰😍
Our trade relies on fundamental analysis, and technical analysis only serves as our entry point. Currently, the US is undergoing a process of quantitative tightening. Today we have the FOMC meeting, expecting to result in a 25 basis point rate increase. A rate increase of 50 basis points or continued rate hikes would be seen as a hawkish signal. Most likely it...
Hey there, so this week we are looking at the dollar and discussing why we could potentially see a stronger dollar in the coming few weeks. So check out this video and let me know what you think.
Hi Traders. From now i will have one main idea, and all the ideas as we reach cycle targets for the year will be updated in the thread. Fallow, like so you dont miss the updates. I dont trade short term, keep in mind my ideas are longer term, and its boring. We wait for the cycles to bottom and we wait once in the trade for the trade to mature.
The US annual inflation rate has slowed down for the ninth month in a row, hitting 5% in March of 2023. While this is the lowest it's been since May of 2021, it's still well above the Fed's target of 2%. Investors are trying to figure out when the central bank will put the brakes on its hiking campaign to slow inflation. The March FOMC minutes (released this...
Instead of recanting the otherwise already widely disseminated fundamental factors, a couple of fresh data points; - Central & Eastern European housing market in collapse; YoY -28% decline in residential prices; - The nagging (constantly revisited) issue of Russian exports of enriched uranium (fuel rods) to the EU (and the US) will now likely be "officially" voted...
In this situation DXY Short time chart create Bearish BAT Pattern. So, market short term Buy UP to 104:930; and 105:100 resistance level. Then market need long sell correction to nearest Support 103.700 and 103.400 level. AronnoFX will not accept any liability for loss or damage as a result of reliance on the information contained within this channel including...
The doller index continues to growth after strong news release. The resistance above will tp for me the price will continue to 107 and 109 levels
Welcome . Quick deal. An opportunity to sell the US dollar. Rectangular penetration. There is a strong trend. Note: If you like this analysis, please give your opinion on it. in the comments. I will be happy to share ideas, thank you
Powell confirmed his expectation that the central bank will raise interest rates (at least) two more times, but his acknowledgement that “the disinflationary process has begun” has given traders more confidence that those will be the last two hikes of this cycle and that the Fed will be on hold midway through Q2. Meanwhile, his repeated focus on “core services...
If you fallowed my work i like to base my long term direction based on macro, education and cycles. Dollar has very predictable cycles, the dollar is early in its current cycles and its very right translated (bullish). The scenario we have in the world with the WAR on carbon, has made it so people dont look to explore for commodities that have a bad carbon...