Dollar index Fundamentally America is a growing country so it is in a bullish momentum. No we have to to choose the right position to activate our buy order In this chat you can find if you have some basic knowledge technical analysis on time.
US500 is overall bullish trading inside our brown channel and now approaching the lower brown trendline acting as non-horizontal support, we will be looking for Trend-Following Buy setups. Moreover, the 4K - 4.5K is a strong round number currently acting as support. So the highlighted purple circle is a strong area to look for buy setups as it is the...
Hello everyone, if you like the idea, do not forget to support with a like and follow. Here is the top-down analysis for NQ1!, feel free to request any pair/instrument or ask any questions in the comment section below. Best of luck!
What's up guys ! I'm looking for sell setups around this major daily resistance zone ,Price has been in an uptrend when looking at it from the daily timeframe It seems to respect the trendline and forms an ascending triangle It later breaks the triangle and I'm looking for the break of the major swing low around the demand zone as price retest the newly formed...
Hello everyone, if you like the idea, do not forget to support with a like and follow. As per my previous idea (attached below), US500 is overall bullish and we will be waiting for the price to approach our lower brown trendline and demand zone to look for buy setups. on M30: US500 is forming a channel in red but the upper trendline is not valid yet, so we...
US500 is overall bullish trading inside our brown channel so we will be looking for Trend-Following Buy setups as it approaches the lower brown trendline. Moreover, the green zone is a strong demand zone. So the highlighted purple circle is a strong area to look for buy setups as it is the intersection of the green demand and lower brown trendline. As per...
Hello everyone, if you like the idea, do not forget to support with a like and follow. JP225 is sitting around a strong round number 30k so we will be looking for sell setups on lower timeframes. on M30: JP225 formed like a double top pattern but it is not ready to go yet. We want the sellers to take over by breaking below the last low. Trigger => Waiting...
Hi everyone: As we can see the current EURUSD price action is pushing to the upside, manage to still hold onto the 2 positions I have. We know DXY will have inverse price action like EURUSD, so lets take a closer look now. After the strong bearish move down on the higher time frame, price naturally needs to correct for a period of time if we are going to see...
Hello everyone, if you like the idea, do not forget to support with a like and follow. US100 is sitting around a strong round number 15k so we will be looking for sell setups on lower timeframes. on H1: US100 formed a channel in red but the setup is not ready to go yet. Before we sell, we want the sellers to prove that they are taking over again. ...
Hello everyone, if you like the idea, do not forget to support with a like and follow. US100 is sitting around a strong round number 15k so we will be looking for sell setups on lower timeframes. on H1: US100 is forming a channel in red but the lower trendline is not valid yet, so we will be waiting for a third swing to form around it. (projection in...
Hello everyone, if you like the idea, do not forget to support with a like and follow. Here is the top-down analysis for APPLE, feel free to request any pair/instrument or ask any questions in the comment section below. Best of luck!
Hello everyone, if you like the idea, do not forget to support with a like and follow. US500 is sitting around the upper brown trendline so we will be looking for sell setups on lower timeframes. on H1: US500 is forming a channel in blue but the lower trendline is not valid yet, so we will be waiting for a third swing to form around it. (projection in...
Hello everyone, if you like the idea, do not forget to support with a like and follow. NQ1! is sitting around its ATH and 15k round number so we will be looking for sell setups on lower timeframes. on H1: NQ1! is forming a symmetrical triangle in red but the lower trendline is not valid yet, so we will be waiting for a third swing to form around it....
Hello everyone, if you like the idea, do not forget to support with a like and follow. US30 is sitting around its ATH so we will be looking for sell setups on lower timeframes. on M30: US30 is forming a channel in blue but the lower trendline is not valid yet, so we will be waiting for a third swing to form around it. (projection in purple) Trigger => ...
As Westpac puts it, the Dollar is effectively in a win-win situation, as it retains a firm underlying bid when sentiment turns bearish due to heightened concerns about the adverse impacts of this so called Delta variant, but also during periods of less anxiety and when attention switches back to the more hawkish-leaning FOMC alongside risks that inflation may not...
Hello everyone, if you like the idea, do not forget to support with a like and follow. Here is the top-down analysis for US30, feel free to request any pair/instrument or ask any questions in the comment section below. Best of luck!
Only one day left for the Dollar to avoid any residual month end selling, and so far its holding above support as it continues to counter bearish rebalancing signals and the ongoing dovish overtones imparted by the Fed with some assistance from a back-up in yields and curve re-steepening. However, the Buck is also benefiting at the expense of others and a...