Dollar index ready to fly are you ready .market break the final high and make demand zone we will see from demand zone.high time frame trend is bullish so we expect bullish from the demand zone
As per technical side SANK as per 1M Stoch RSI. That factor will certainly prevail which will cause stronger EUR and regaining the ratio in a favor of EU currency. *MACD. multy cross on 1W *1M KDJ bottomed. *RSI hit the bottom on 1M timeframe. Strong EURO will make Europe less competitive and leading towards implosion in certain timeframe (strong currency,...
N.B- In this situation DXY chart create Bearish butterfly harmonic pattern. So, market need to seems sell correction 106.250 & 105.700 support level. If breakout 107.500 resistance level then market will go 108.400 level.
Hey guys, It's been a couple of weeks since I put out an update. I am seeing some interesting indicators in the market as I come back to studying these charts. Today we'll take a close look at the dollar, the vix, and we'll also jump to Bitcoin, and talk about unemployment and OIL prices. These are all valid indicators of future price action in the market and if...
I have published my bullish case scenario for DXY in my previous analysis. Now I'm looking at 4h and 8h timeframe and noticed M pattern with bearish divergence in 4h and rising wedge + double top with double top with bearish divergence. If this scenario plays out, it means as I mentioned in my previous analysis BTC bottomed at 17.5K on 18.06.2022 and starts its...
DXY will drop from current level; Technically dollar create bearish flag! So i anticipated dollar will be short from this level to 100.3xx
Goodday to all of you.. Well what a run it was from the dollar.. We are nearing resistance and aggressive traders can start to accumulate 'short' positions.. Remember the market cycle from a price action point of view. Breakout--> Channel --> Trading range (75% of the time). Breakout--> Channel --> Breakout (25% of the time). Price is trying to breakout...
ZEYAN here!!!! IM EXPECTING THE DOLLAR TO GET WEAK IN MEDIUM TERM This is the end result of my analysis; I analyze the market using a very unique method for trend and entry; please do not take this information at face value; conduct your own research. If you want me to analyse your charts, please let me know in the comments. THIS IS IN NO SHAPE OR FORM A...
DXY - Daily - Price action calling for a deep correction on dollar index and across all US major pairs. I see a 150-200 pips pullback on DXY before a continuation of the bullish trend on dollar weekly.
Dxy - H8 - lot of failed break outs in dollar index this week here is the next best case scenario for dxy at this moment.
There are all signs for the beginning of the dollar correction
This is your tarot chart reading per event. DXY is the most important highlight to watch for all marketeers and traders. DXY is normally to calculate the relative between other currencies and some commodities. 1st rebound is on 7th January 2021 2nd rebound is on 1st June 2021 DXY is good performer when it comes out with stimulus projection or stimulus release....
DXY // USDINDEX // USD // DOLLAR Sell Setup Continuation trade: 📰 We have seen a fakeout above 93.400, which has trapped MANY traders last week. I have emphasised many times that fundamentally this won't be long when the dollar resumes its bearishness due to the FED and tapering news. And clearly was brought to light on Friday. 👉🏻 As mentioned that 93.000 was...
Trading generally is a numbers game any how you look at it. On the scale of 1 to 10 what are you chances of success
Dollar Index A third-wave decline might be at the early stages It seems like a wave (2) might have been in place, so we could be at the beginning of wave (3). If correct, the market should break the low of wave (1) in the weeks to come. At the same time, we can’t rule out that wave (2) might be a little bit longer, possible as a flat pattern. We will...
The EUR continues to rise against the U.S. dollar as the Federal Reserve continues to pump money into the economy and Biden's administration looks to spend. EURUSD surged above 1.2200 with the 100 EMA serving as a strong level of support on the 4hr time frame. EURUSD could target 1.2270, 1.2300 and 1.2334 levels respectively.