The U.S. Dollar Index rise in the short-termThe U.S. Dollar Index (DXY) rise in the short-term, but will downtrend in the long term.
Jan.06 2021, U.S.Capitol riots
U.S.Dollar index rebounded, because capitol riots that be global markets money entry U.S.Dollar.
U.S.Dollar index rebounded until Jan.20 presidential inauguration, and U.S.Dollar index will downtrend.
Reliability: 3-10 Markets Days.
H4
Dollar index h4 inverted head and shoulder Hi
This is the dolar index where we can clearly observe an inverted head and shoulder pattern and we have some chances of this pattern appearance.
Please comment me your ideas
Dorod
Inja ye inverted head and shoulder ro darim ke neshuneye buy hast
Lotfan nazar bedid
Mamnunam
EURCHF BUY Position in 240M hi
we believe there is a buy opportunity as we see a Crab Pattern in the chart and divergence signals us.
it is a short term trade for those, who are filling it is a buy, we have 2 target points.
please write your opinions on it in the comment section...
USDCAD in the downtrend.USDCAD in the downtrend.
The recent increase in oil prices has driven the Canadian dollar to appreciate.
With the continuous news about the development of the new coronavirus vaccine, the global market has obvious risk on, so oil prices have the opportunity to continue to rise.
So the Canadian dollar has the opportunity to continue to appreciate in the future.
By technical analysis, it is recommended to go short in batches when the USDCAD price bounces to the resistance.
USDCAD in the downtrend.USDCAD in the downtrend.
The recent increase in oil prices has driven the Canadian dollar to appreciate.
With the continuous news about the development of the new coronavirus vaccine, the global market has obvious risk on, so oil prices have the opportunity to continue to rise.
So the Canadian dollar has the opportunity to continue to appreciate in the future.
By technical analysis , it is recommended to go short in batches when the USDCAD price bounces to the resistance.
USDJPY has a higher chance of upward.USDJPY has a higher chance of upward.
USDJPY is currently in a triangle shape. With the market risk sentiment preference, the stock index has generally risen, and the chance of the yen depreciation has increased.
It is recommended that USDJPY go long when the price fall back the support.
AUDUSD is still in the ascending channel.Recently, the global market has obvious risk sentiment. The rise in securities indexes and commodity prices, especially the rapid rise in copper prices, has led to the appreciation of commodity currencies. Therefore, fundamentals have helped the Australian dollar to appreciate.
By technical analysis , AUDUSD is still in the ascending channel . It is recommended that when the price falls back to support, buy AUDUSD . FX:AUDUSD
If U.S. Dollar Index still weak next week, USDJPY will downtrendIf U.S. Dollar Index still weak next week, USDJPY will downtrend.
The U.S. dollar weakened last week, and the Japanese Yen also appreciated with other non-US currencies.
If the US dollar continues to weaken this week, USDJPY will continue its downward trend.
FX:USDJPY
USDCHF still downtrend.USDCHF still downtrend.
FX:USDCHF
The Swiss franc , which is highly linked to the euro , will continue to appreciate if the euro continues to rise.
Therefore, USDCHF will also continue its downtrend, and it is recommended when price to rebound below the under resistance, sell USDCHF in batches.
Bitcoin, currently in a triangular convergence pattern...Bitcoin, currently in a triangular convergence pattern, is waiting for an upward or downward breakthrough.
It is expected that the probability of bullishness is high. It may directly break the triangle upwards and stand above $20,000 and then continue to rise, or the orange path as shown in the figure, first fall and break the triangle, then fall back to the longer trend line below, in the upward chart broken.