The dollar Index is coming closer to support around 88.30; it most likely will be the bottom for the upcoming years if the country maintains interest rates low, stays stable politically and socially while moderating their monetary policies.
Price is forming an falling wedge towards support. Its Possible price can breakout to the upside, possibly 0.92750. On the LTF price is possibly forming a bullish flag and that could cause the breakout
Price is at an important area in structure. Price can do one of two things here, either price will break structure and continue up to the next resistance area or sell off from where price is currently. Price is possibly forming an bearish flag, currently price formed an ascending channel and possibly could be forming an rising wedge towards trend line resistance....
I know stimulus is coming. I know trillions of dollars are about to be printed. BUT A Dollar Strength can hurt, Stocks, EM currencies, Crypto and commodities over all USD/JPY has a target of 90 and 80 respectively. Watch out! It might be time to be cautious
I am expecting price to continue uptrend towards price 0.93642 on dollar strength before retest and continuation of move even higher. Potential re-test early week at 0.92050 support.
Stock symbol BAC has been hitting 4 hr trend line and falling if USD dollar can hold up strength looking for short to weekly trend line $.40 drop, late at seeing this chart but earlier had some nice shorts
Dollar strength at the monthly view. Rest in piece, dollar strength. The dollar put up a fight. However, it failed to close the month above 93.60. As a result, today was the first month that the dollar closed below its 11-year-old channel. That same channel is what stabilized the dollar since the aftermath of the 2008 recession. What does this mean? Inflation...
The dollar strength at the monthly. The dollar is in trouble now. That green line was its 9-year uptrend support. The channel itself was 11-years old. The 10-year bonds are also sinking to severely low levels. What does this mean? In the short-term, commodities, crypto (to an extent), and equities will all increase due to inflation. Weaker dollar means more...
Good Morning, After CAD/USD broke out of the descending trend line I had on my last chart it seems like now it could be forming a descending channel. Price is approaching a key S/R zone and also the top of the channel, it looks like currently price is bouncing downwards off this but we will have to wait for the 4hr close. Once we have confirmation this could be...
Good Afternoon!, I have been watching and waiting for the price to move back up to the descending trend line and it seems its on its way their now, above in the chart you can see the short term descending trend line and long term ascending trend line are lined up nicely and it seems price should move back down before either bouncing off the ascending trend line...
A fibonacci cluster indicates potential reversal zones, on any chart, in any market. They are used to anticipate major support/resistance levels. In this chart the cluster is made up by 4 different levels, consisting of: 61.8% retracement (dark red) 78.6% retracement (red) 127.2% extension (golden) 0.618 projection (black) Bearish hidden divergence, in which...
I dont normally play USDJPY since it has burned me a lot in the past next to GBPJPY but I am determined to overcome this pair eventually lol. I had put a small buy order in for a USD pullback. Nothing much but I believe we are heading higher in the long term. I see price has made an INV head and shoulder, failed to break out, pulled back to 88% and failed the...
There are many signal on all pairs against the US Dollar. I will only take the with trend trades, like this one on the AUDUSD short. Date Pair Direction Trade Trend Level Signal Entry 2019-06-05 AUDUSD Short With trend Down Horizontal Support Engulfing break
this forecats will be unique and split in two as we look at the geo-political factors affecting the US dollar. Technicals: --------------- The US dollar index is moving in an uptrend, making a series of higher highs and higher lows. It has recently broke a counter-trendline on the 4-hour timeframe and is expected to move higher. The dollar has continued to...
The shark formation has completed. I will wait for the market retrace back to Pt D to look for a buying opportunity. Entry, Stops and Targets will be shared to my inner-circle.
This chart shows a relationship that every trader who is serious with the business has to keep in mind. The dollar is king, A STRONG DOLLAR ends up WEAKENING EMERGING MARKETS . This causes a capital flow away from them into safer dollar assets. Right now , my game plan for the foreseeable future is to look for a short with good risk reward in the EEM as a...
USD/JPY has been the most confusing dollar cross as other have rapidly depreciated against the dollar whilst the Yen has done the inverse and actually Appreciated! All thing being equal, the global equities sell off and corrections could spell pure investor fear causing large funds sucking up lots of Yen in Anticipiation of a Market Drop. The 106.50 Key weekly...