📢EURUSD analysis in Daily time frame🤨💰🔰You can see the analysis of the euro to the US dollar in the daily time frame (EURUSD_ 1D) 🔍🧨
💥As it is clear from the picture, the price is moving in a Bearish parallel channel🖤🧐 Due to the presence of the price in the dynamic support area (the lower line of the Bearish parallel channel🖤), there is a possibility that the price will rise to the specified area🚀🔺
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Usdanalysis
⭕️SELL USDJPY ; Its time to sell❗️🔰You can see the analysis of US dollar to Japanese yen in one hour time frame (USDJPY_ 1H)🔍💣
💥As it is clear from the picture, the price is moving in a Bullish parallel channel💜❗ Due to the presence of the price in the SUPPLY zone and the Resistance area (the upper line of the Bullish parallel channel💜), we can expect the price to fall🔻 to the overlapping area of the Up trend line🖤 and Support🧡🧐
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⭕️BUY USDJPY at the best place and time 😉 ❗️🔰You can see the analysis of the US dollar in Japanese yen in a four-hour time frame(USDJPY _ 4H)💣🔍
⚪Due to the overall price uptrend, the best area to buy overlapping❗ area is the black🖤 uptrend line and the broken downtrend line is orange🧡 and DEMAND zone❗❗ If the price reaches this overlapping area, it can have an upside to the SUPPLY zone🚀🔺
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DXY correction has started
DXY still pumping along with weakening momentum.
Is now breaking out diagonal support as a sign of correction.
We will see some short-term relief bounce on other asset, stock, crypto, gold IMO.
Take a closer look at 107.9 - 106 area, DXY could start pump again when touching this area.
Note : Fed % rate catalyst is still strong that could make this plan invalid.
Could today’s NFP confirm the USD breakout? Hello all, welcome to today’s update. Today’s video focuses on the USD index after buyers made another strong move in yesterday’s NY session.
In today’s video, we run over the price current price action and trend structure after buyers made a breakout yesterday, clearing 109 resistance that held buyers back during this week.
The USD continues its fantastic run in 2022 as Fed policy maintains buyer demand. Price jumped to new 2022 highs yesterday and continues to track nicely on its current fast trend.
Attention moves to today’s US employment data, as this could maintain the run or lead to a pullback as traders will be waiting to see if we see another hot payroll figure. The last several releases have beaten expectations and come in hotter, so if we do see this pattern continue, will this be the confirmation for yesterday’s resistance break? We think a lower figure will most likely have a negative effect on the USD index and could cause a failed break.
Attention could also be on major risk currencies like the EUR, AUD and GBP as they sold off yesterday, and if we see another push higher on the USD today, this could continue their pain.
Tonight’s US employment data will be released at 10:30 pm AEST / 8:30 am ET.
Thanks for stopping by to check out our latest analysis. Enjoy the rest of your day and your weekend.
⭕Best BUY & SELL areas for GBPUSD 💣🔰You can see the analysis of the British Pound in US Dollars in a four-hour time frame (GBPUSD _ 4H) 🔍
✴️According to the price picture, it is moving in a parallel descending channel❗🧐
If the price can stabilize itself above the black🖤 line, then it can have an upward supply area🔺
In other words, if the price can stabilize itself below the orange🧡 line, then it can have a fall parallel channel to the bottom line🔻
which direction will the price go to the GREEN💚 side or the RED❤️ side❓❓
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⭕Best BUY & SELL areas AUDUSD in One hour time frame🔥💣🔰You can see analysis of Australian dollars in US dollars in one hour time🔍
✴️As is evident from the image, the price is moving in a parallel descending channel (purple💜). The areas of supply and demand are marked in the picture. Due to the presence of the price in the demand area, if the price can break the downtrend line (black🖤 line) upwards, you can buy in Pullback and the price can climb to the demand area ❗❗
If the price falls to the bottom of the current demand area, it can fall to the nearest demand area🧐
In your opinion, the price will move according to which scenario, GREEN💚 or RED❤️ ❓❓
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💰Best Buy & Sell Areas USDCAD in 15minute time frames 🔥🔰You can see the analysis of the US dollar in Canadian dollars in the 15-minute team🔍
🔰Supply and demand zones and trendlines are specified🧐
✴️Due to the price being in the supply range and also the price being in the range of the high uptrend line (black🖤) the price can fall to near the demand range and the lower uptrend line (black🖤).
If the price can reach the top of the supply area, it can climb to the resistance in the four-hour time frame (orange🧡).
In your opinion, the price will move according to which scenario, GREEN💚 or RED❤️ ❓❓
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⭕️US Dollar Index analysis in 30 minutes💥❗️🔰You can see the analysis of the USD index in the 30-minute frame team (US Dollar Index _ 30 min)💣🔍
✴️Supply and demand zones and ranges of 50% and 61.8% of Fibonacci retracement (purple💜) are shown in the image. If the price reaches the 61.8% Fibonacci range and the specified supply range, we can expect the price to drop to the support line (orange🧡 line). If the price goes under the valley shown with the black🖤 line, you can expect the price to drop to the demand range.🧐❗❗
If the price can reach the top of the specified supply range, it can climb to the next supply range.❗
In your opinion, the price will move according to which scenario, GREEN💚 or RED❤️ ❓❓
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USDZAR top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
XAUUSD Bullish RunTrading Ideas at your Finger Tips
Gold Swing: The Upside prevails
Pivot: 1790.00
Our Preference:
long position above 1795 with targets at 1820.00 and 1850 in extension
Alternative Scenario:
Below 1780, look further downside with 1765 as targets.
Comment:
As long as 1780 - 1785 which is the Support zone is not yet broken, We are expecting a bullish run and restest at current support
⭕️Best price to trade EURUSD 😉 ❗️🔰You see the analysis of the EURUSD in Daily ( EURUSD , 1D) ❗️🔎
🔰BUY Limit EURUSD at 1.04300
✅TP ; 1.07900 (+360 pips)
❌SL ; 1.03000 (-130 pips)
📊R/R ; 0.36 (This number is derived from the division of Risk to Reward and must always be less than one, and the less it is, the better🧐)
🔰As you can see in the analysis, considering the price near the DEMAND range, it is necessary to buy the pair if it is broken into the downtrend line (PULL BACK), which is clear with the white dash. The target is located at the cross of the orange resistance line range and the white trend line of the descending color and the orange GAP range.❗️❗️👌
⚠️⚠️Please observe capital management and open a low volume transaction❗️❗️
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To view the euro dollar analysis step by step, see the YouTube video on Time Daily
DXY Dollar Index : History in the making , close to 40 year lookWorst national debt in history topping $30 trillion USD.
Pandemic damages still lingering and causing shadow of doubt.
Global tensions of war add and economical sanctions hurt tech companies, import, export and more.
The only shining fundamental light is interest rate hikes. .50 or .75 or 1 percent make very little difference when the economy revolves around overnight crypto jumps of 100% as a daily thing.
Now let's look at the technicals -
Most overbought weekly RSI 14 that is pretty much imaginable, happened only 6 times in the last 38 years - A rating of around 80.
Horizontal resistance around 103-104 stretching all the way back to 1885 that was confirmed 2020, 2017.
Gold is keeping solid ground at the high 1800's with bullish weekly trend-line kept.
Don't fall for spikes, be smart, trade safe.
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USDCHF Breaking ResistanceUSDCHF Breaking Resistance
USDCHF recently broke its resistance at 0.9465
The next psychological resistance is at 0.9500, a break in this level will take tha pair to 0.9532 (Channel Resistance)
If 0.9500 will not break, a short term pullback at 0.9460 will be a key price at the 4H timeframe.(Trendline Retest)
If 0.9460 will not hold price may go down and consolidate near the 0.9400 level. (Trendline Structure Break)
For this week, I expect USDCHF price will consolidate between 0.9500 - 0.9400 level.
USD Strength: DXY Forecast Pt.2Overall USD strength is still Bullish on a technical standpoint
Price has rejected the previous zone as forecasted yesterday.
However we aren't 100% in the green for the USD just yet; It has to break above the white supply zone before we may see good USD strength. Watch out for the upcoming days and news releases also.
USD Strength: DXY ForecastThe greenback has made a very strong bullish push for the past month.
As we start the new month of October, I expect the USD to retrace towards either:
The the weekly trendline
Previous resistance
Support 93.000
...before continuing higher (Provided positive fundamentals for USD)
Things to watch out for this week (Fundamentals):
OPEC Meetings (Monday) (Today)
ADP Non-Farm Employment Change (Wednesday)
Average Hourly Earnings m/m (Friday)
Non-Farm Employment Change (Friday)
Unemployment Rate (Friday)
USD (DXY) is Strong, for now....Looking at the US Dollar Index (DXY), USD is showing strength, breaking structure to the upside. It has entered a 4H bearish OB, and we are going to monitor it behavior here. Will it reverse soon? There is huge potential for that to happen. Price may show weakness in the next 48hrs, but for now, I would play the xxxUSD pairs to USD strength.