Love TVC:GOLD , stocks, real estate? Well I'm about to make your day. TVC:DXY is strolling into historic resistance at 115. On the WEEKLY timeframe, we have two conjoining forces: A major resistance from the '85 high of 160 (in yellow), and a triple top high of 118 during the early '00s(in yellow). We're also riding the bottom support of 104 in our current...
Borrow Yen buy Dollars!!! :) BOJ will do what they do Probably beneficial to Japanese stocks as their companies are obviously big exporters think Honda , Toyota... Beautiful Inverse Head and shoulders in progress Big Charts ---> Big Patterns ---> Big moves
The US Dollar index is one of the most important indexes one can watch to position themselves for long term moves in a wide range of markets. There is its role in currency markets, US equities, bond, anti-fiats like precious metals and cryptocurrencies. For a basic primer: www.investopedia.com As a quick post this is simply looking at the basics of chart...
to trigger this Large HVF! Currently has a bull flag, that has a target to break this 1.80 level #DollarMilkShake
Let's look at some FX pairs First up the Aussie We have a #HVF @TheCryptoSniper Already Triggered to the upside approaching target 1 .. The full Target 3 ... (linear Target) lines up with the high's of peak dollar strength at the turn of the millennium
Falling wedges are generally very bullish structures that have targets at the hight of the wedge. If a falling wedge is on a flagpole then the target of the wedge is going to be a flagpole extension. But price often don't go straight up. Having price action retest lows is very normal. Having price action retest a trendline that was resistance and turn it into...
A quick post with wide-reaching implications. I have distorted the charts to really zoom in on the hidden bearish divergence. The price action has a higher low but the MACD and RSI have set lower lows. That action increases the probability that we will see a sustained MACD cross and a uptrend that could last a 18-24 months. A zoom into the weekly time frame...
This chart is pretty simple. There is a decades long falling wedge and price action has broken out of the wedge and spend 4 years retesting the wedge as support. After that we got some lift-off and DXY was rejected by the 200 quarter SMA and had a pull back. Currently price actions has set a higher low and is finding support on the 100 quarter SMA. In general,...
Background For years I have been fascinated by the Dollar Milkshake Theory of Brent Johnson out of Santiago Capital. In the broadest strokes, there will be increased dollar demand as the fiat system collapses because all the other fiats will collapse and then the Dollar will be the last fiat standing before the fiat system is replaced (somehow). This leads to...
There is a lot of bullishness to Dxy that most are missing. First there is a lot of technical resistance to the downside based on the bollinger bands and there is little reason to think the bollinger bands will break due to the bullishness in the indicators with both hidden and traditional bullishness within the MACD and Histogram and the hidden bullishness...
TL:DR One of the most powerful forex patterns is visible on the bitcoin chart, but only on the log scale. Ultra bearish if correct. Intro (a bit blogposty) I am constantly looking for the largest market structure I can find and doing such drives me to expand the number of patterns I can easily recall. The harmonic patterns are the trickiest for me due to...
Greetings. Gold is a sleeping giant that rolled over in its sleep beginning in 2018 and now most may have thought that it has settled down, but it really has just put on its boots and is about to get going in earnest. The similarities between 2008 and our current situation should be obvious with both the charts as well as the news cycle justifying ever ending...
Falling wedge on the daily time frame for the dollar. Breakout expected soon
potential fear and uncertainty for wallstreet boys a VIX spike UP could advise DXY long
The DOLLAR could step up and prove its worth in the ill-fated fiat domain!!!! Emerging FX currencies could be potentially the weakest against the dollar in coming weeks.
Dollar looking bullish this week. How long will the last?
Brent Johnson of Santiago Capital has a very insightful theory on how the dollar will collapse and ultimately dump into the dirt as it dies along with most fiat currencies. There are a lot of ins and outs and one summary was given by the "Market Sniper" Francis Hunt when he interviewed Mr. Johnson and he summarized the theory as fiat as collapsing in a series of...