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Trendlineanalysis

DXY to continue declineDXY started a recovery from 100.257 from the heavy decline due to the pause in the interest rate hikes back in December 13th, 2023. The index started to recover from 28th December and to 102.723 due to the positive news from the last Friday NFP fundamentals. Price was quickly knocked down by the negative news on the ISMs late Friday. DXY January candle has done a retracement unto the 61.8%-78.6% (EMA 20) of the December bearish candle. As a result of the retracement on the December candle, the DXY is expected to retest the weekly EMA 200 on the key level 100.500 and as at the ending of last Friday, price was resisted by the weekly resistance. On the Daily, the DXY index is expected to retest the EMA 200 at 101.706 and subsequently retest the key level 101.500 again. The important fundamentals this week are mainly the Thursday's Core CPI m/m and the Friday's PP1 m/m where the economists are projecting a negative news for the CPI. We need to keep an eagle eye on the news this week to make informed decisions.
CAPITALCOM:DXY
by AbeikuGlobal_FX
2
Accumulation Pattern!The price candlestick indicates an accumulation pattern where the price moves in a sideways range for an extended period before attempting to break out the upper line of the price channel. With the result in volume exceeded the MA line. MACD and RSI indicators indicate a positive momentum and are aligned with the price candlestick. Let's save MFLOUR in WL and watch out for significant price movement action with results in volume exceeding the MA line. R 0.700 S 0.620, 0.600
MYX:MFLOUR
by eskopitehmilo
Bitcoin AnalysisSo many ways you can look at Bitcoin and all say the same thing. My goal is to highlight the different perspectives in the market Crypto. 1. Eaglizer Strat Daily: Price needs to reclaim 8 EMA (white moving average) for upside. 2. Range: Price needs to reclaim the Median level (white dotted line) for more upside. 3. Trendline: Price needs to reclaim the Trendline (yellow) on for upside. In summary we're at an area that will determine if we are going to reclaim and continue higher or go down for a correction.
BINANCE:BTCUSD
by Eaglizer
1
USDPLN is time to UP?!USDPLN reached the long-term growth base plotted since 2011 - there was the first important minimum in the white growth tunnel. Interestingly, each subsequent minimum every few years is practically exactly 30 polish "groszy" (polish cents) higher. Would this indicate that what we see here is the place to start? :) For a long-term purchase of the dollar on this instrument? We reached the bottom edge of the tunnel. However, this is a bit tenous, because if EURUSD still has growth potential, it is rather impossible for the USDPLN instrument to stand still (consolidation) and the zloty not to strengthen further. Movements on USDPLN are always inversely proportional to movements on EURUSD in 95%. If you buy EURUSD, sell USDPLN. CPI in Poland is still falling every month - 6,5% in November this year. I wonder how much level 3.75 is possible to achieve currently on sale? Several zones of demand (tf 1 Month) are also important here on the way down, they can brake this move ...and other TL's. Also check Fibo levels. On oscillators in long terms the instrument is practically sold out. The idea is interesting and the place is worth paying attention to now all the time. Because if the zloty starts to depreciate, it will automatically start to lose against the Euro, the Swiss Franc and probably also against the British Pound, as is usually the case. However, currently the GBP and EUR have little room to fall against the zloty.
Long
by siZ
1
GOLDEN STAR|EURUSD pullback from support and breaking resistance-The Eurusd has experienced a price decrease after reaching the resistance area and it is expected that the buying pressure will increase after reaching its support level. -My idea is that it has a return from the support level and strongly breaks the resistance level ahead. -With the breaking of the resistance level and pullback to the same area, the price is expected to reach the next resistance level which is the level of 1.1088. -Share your opinion in the comments, and support the idea with a like. Thanks for your support!
Long
by Golden_Star1994