H4: - Sideway : Double top and bottom - Below resistance daily --> Down !
First let's start by looking at the monthly candle. USD Index lost over 76% of its gains from the low 95.50. Although the month is not over, there's a question to be made whether USD peaked @ 97.00 level. As we look at the weekly timeframe, USD index put in a shooting star for the week prior, also what I considered a dark cloud cover pattern. It's tough to say...
W1: - Tendency: Upward - Above support - Weakening - Reversal candle W1 --> Pullback D1: - Structure: uptrend - Tendency: Downward - Double bearish candle at Support Daily IF: - Break down and confirmation --> Move down Please support the setup with your likes, comments and by following on TradingView. Thanks
W1: - Tendency: Upward - Above support - Weakening - Reversal candle W1 --> Pullback D1: - Structure: uptrend - Tendency: Downward - Double bearish candle at Support Daily IF: - Break down and confirmation --> Move down Please support the setup with your likes, comments and by following on TradingView. Thanks
These days the seizure has grown in the global market It's not easy to look at market behaviors But traders should deal with caution in global markets According to my predictions I was expecting this That's the price of golden glove Under $ 1,200 And many did not believe In this price range There may be strange things According to the psychology of gold prices in...
To start the month of August, our expectation was for the King Dollar to retest the highs before moving lower. That, however, wasn't the case as USD closed above the monthly downtrend line. If you have been following this analysis for a few weeks back, price levels and trend line hasn't changed a bit (except for a couple add-ons - update). Looking even further...
Wednesday’s FED Announcements have produced bullish action due to the statements issued. For the intermediate-term, the USD Index is likely to grind higher in anticipation of a hawkish FOMC Minutes release and upcoming September FED meeting. The last three sessions have been big for September USD Index futures. Price has broken above topside resistance on the...
With one week left to go, 1 of 2 things can happen: 1, USD Index re-testing the high and break above it or 2, breaking below the trendline and heading south. Happy Trading, folks! Cheers!
With several days left in the month of July, anything can happen. By mean 'anything', I mean Trump wanting a weak dollar, trade war, raising interest rates, and so forth. So we take a look at the USD chart to give us a hint as to where the Greenback could be heading in the near future. First, we look at the monthly and there we see a possible dark-cloud pattern;...
Probably a foolish Idea ever. The current range considering as a breakout setup. Expect unexpected
The story for next week would be Aussie Dollar and Gold. Recently we've seen Gold bounce from a strong level of support, and given a massive rejection on US Dollar Index from a major resistance level, we can expect the two to take the realm - at least for the time being. However, Gold hasn't yet break the downtrend line so this market we assume that it's a little...
we have three long position on gold. If it moves through our analysis and the short target achives (2$) you can risk free your both remaining position after first Tp. after second Tp (4$) you can move your remaining position stop to first position TP
I think the next station for GBPUSD is 1.3600 Yesterday, the pair touched the support trendline and escaped to up, It made Pin Par price action (according to the trump-May meeting). USD Index has arrived in a strong resistance area, our chance will be very strong if this resistance succeeded to prevent it going up. Our target is 1.3600 Our stop is if the price...
At the time of writing this alert our full net long position in gold, silver and mining stocks is well justified from risk and reward perspective, we opened long in gold@1252 and silver@15.870, we are already in profit, we are sending this very short alert to notify you of two things(proper analysis will be sent tomorrow) 1-we decided to increase the size of our...
BEAR DIV & WEDGE & IMAGINARY HD PATTERN. CAN BRING USD DOWN FOR COMING WEEKS. GOOD LUCK. IF THIS ANALYZE DESERVE LIKE,PRESS THAT !
we are opening long position-At the time of writing this alert our long position in gold, silver and mining stocks is well justified from the risk and reward perspective- yesterday gold broke the significant support but due to the fact that mining stocks showed there strength and moved higher some traders may argue that the breakdown we witnessed is rather...
DXY bulls have been driving the dollar up and up. Whether it breaks higher or reversing its course will be the story for next week... Happy Trading, folks! Cheers!