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USDILS

Escalating Tensions Drive Shekel's WeaknessThe Israeli Shekel is under increasing pressure as geopolitical tensions in the region intensify. A combination of escalating conflicts and global economic uncertainties has led to a significant depreciation of the Shekel against the US Dollar. This analysis delves into the factors driving the currency pair and offers potential implications for traders. Key Points: Geopolitical Risk Premium: A detailed examination of the impact of regional conflicts on investor sentiment and capital flows. Fundamental Analysis: Assessment of key economic indicators such as interest rate differentials, inflation, and trade balance. Technical Analysis: Identification of key support and resistance levels, chart patterns, and potential trading strategies. Market Sentiment: Analysis of investor positioning and sentiment towards the USD/ILS pair.
Long
by signalmastermind
1
Go Down, Moses.. To Let My Shekel Go... 😕Shekel drops to 4 against the dollar, in first since 2015. Currency’s weakness comes as conflict rages, even after Bank of Israel announced plan to intervene in the foreign exchange market to try and contain sharp shekel FOREXCOM:USDILS moves. The exchange rate of the New Israeli Shekel on Monday crossed the threshold of NIS 4 per dollar, the local currency’s weakest level since 2015, with Israel in its 10th day of conflict with the Hamas terror group. Since the devastating massacre launched by Hamas on October 7 in Israel’s southern communities, in which more than 1,300 were killed, more than 4,000 injured, and some 200 kidnapped by terrorists, the shekel has dropped by about four percent against the US dollar. Investor uncertainty over the duration and scope of the conflict has been growing in recent days, with the Israel Defense Forces gearing up for a ground operation to smash the terrorist organization in the Gaza Strip. The currency’s weakness comes even as the Bank of Israel last week announced a plan to intervene in the foreign exchange market to try and moderate shekel volatility after the country formally declared a state of war. As part of the program, the central bank can sell up to $30 billion in foreign exchange to protect the shekel from collapse. It was also introduced to “provide necessary liquidity for the continued proper functioning of the markets,” the Bank of Israel said. Israel’s consumer price index (CPI), a measure of inflation that tracks the average cost of household goods, unexpectedly decelerated 0.1% in September, before Hamas’s unprecedented attack, figures by the statistics bureau. Following the lower-than-expected September print, economists and market participants have started to price in an interest rate cut by the Bank of Israel as early as at its next monetary policy meeting on October 23, or even earlier, should it be necessary. The September CPI index points to the fact that the economy was slowing even before the conflict broke out. Meanwhile technical graph for FOREXCOM:USDILS says, U.S. dollar is about to break out major multi year resistance against shekel, where 4 shekels is a key to watch at the end of Q4'23.
by Pandorra
1
USDILS the Probability of Sharp Market DeclineBased on the available data, we can consider that the price has reached a point of completion according to the Elliott Wave theory, along with supply and demand analysis. Currently, we find ourselves in the fifth wave, which may end at any time. It is important to note that there is a possibility of a sharp drop that could affect the overall direction of the price. In the best-case scenarios, the price may reach a level of 3.838. Therefore, it is advisable not to rush into buying and to exercise patience and avoid haste, as rushing can lead to losses. It is recommended to monitor upcoming market variables and carefully observe price developments.
Short
by Abukhaledsay
6
USDILS is going to break 20years downtrend!!!Based on recent price action, it appears that USDILS may be primed for a bullish move. The USDILS chart has just closed its first monthly candle above a long-term downtrend trendline that has been in place for more than 20 years. This is a significant technical development that suggests a major shift in the currency pair's direction. With this in mind, a potential trading idea would be to enter into a long position in USDILS at current levels, with a buy zone of 3.50-3.65. This range is based on previous support and resistance levels and should provide a good entry point for traders looking to capitalize on a potential breakout. As for targets, the first level to watch for is 3.80. This level represents the next resistance zone that USDILS will need to overcome on its way higher. If the pair is able to break through this level, the next target to watch for is 4.15, which represents the previous swing high from 2018. Of course, it's important to remember that trading always carries risk, and there are no guarantees in the markets. It's always wise to manage risk by using stop losses and other risk management strategies.
Long
by ego1smo
4
USDILS.. Important levels & Trend linesUSDILS.. Important levels & Trend lines In light of the continuous and repeated raising of US interest rates, we most likely expect an upward strength of the US dollar, and in turn, the stability of the USDILS pair above 3.40 levels will push it to achieve more gains, especially in light of the current Israeli conditions, and the news that talks about its indirect intervention In the Russo-Ukrainian War. It is worth noting that these levels are for the weekly term, not for daily trading, so you can consider them as a guide for the long term. Do your research and apply proper risk management as nothing is guaranteed in forex trading. This is a high risk venture and past performance is not indicative of future results. Trade Responsibly!
Long
by Hump_Trader
Forex lovers❤️Hey, folks🔥 We love not only Crypto. There is a great formation on USD/ILS currency pairs. There is a HUGE bearish trend on a bigger frame. Now the price is in a correction and there is an Ascending Channel. Second confirmation, there is a strong resistance level. Price is close to this zone now. Follow the chart and look for the bounce and next breakout carefully. However price may break the level much earlier. _____________________________________________________ If you enjoy my FREE Technical Analysis , support the idea with a big LIKE👍 and don't forget to SUBSCRIBE my channel, you won't miss anything! Feel free to leave comments✉️ And always remember: "we don't predict, we react".
UShort
by Berzerk_invest
4
USDILS good pattern on a DailyHi Traders, This is my view on this cross for the next few days. #USDILS Waiting for a strong breakout of the structure and the retest of the structure itself to go long SL few pips below the lowest low and TP on Risk to Reward 1:3 I remind you that this is only a forecast based on what current data are. Therefore the following signal will be activated only if specific rules are strictly respected. If you follow my strategy you will be able to identify the right filters and triggers to enter correctly the market and avoid fake signals. I really hope you liked this video and I would like to know what do you think about this analysis, so please use the comment section below this video to give me your point of view. Thank You
Long
by kitchen_trading