Working off the rise in the dollar index DXY Last week I expected the dollar index to rise to the area of 102 and higher. We made a pullback on it, but the depth of the correction was bigger than initially expected, but it did not affect the result. Now they are making a rebound to 102, but then might correction around 102.30. On Thursday we will know the US...
The index is clearly demonstrating a strong upward trend, consistently achieving higher highs and higher lows. During this upward movement, it previously established a bullish Pole & Flag pattern, and after breaking out, the index has continued to rise. At present, the index is trading just beneath its next resistance level. If the Dow Jones manage to break...
Dear All, I see something about DXY which is more sophisticated than I thought, Maybe The Great Recession is on the way to the American economy!!! See if they could recover the USD strength before 79-81 or we should face it as firm reversal support in next four to eight years !!!
After a sharp decline in March 2020, the index showed resilience and made a significant upward move, approaching the 3,250 level. Following that, Russel 2000 went into a period of consolidation and traded within a narrow range. A bullish Pole & Flag pattern was identified on the chart during this consolidation phase. Despite breaking out of the pattern, the...
hello traders.. the U.S. stock indices have been getting pounded by bearish sentiment related to new war conflicts. Also, they were due for a pullback as things have been quite bullish the last few months. Price currently is testing a Daily support level on Nasdaq at 17,500. The NYSE 1hr candle just closed strong bearish below our Daily support level and we are...
The S&P futures is quite weak after strong USD retail sales data. This move opposes a rational reaction to data that came out better than forecasted by a good margin. The market is pulling back and continuing the bearish momentum from the previous week. This may have to do with the conflict between Israel and Iran, this retracement back down. Oil is pushing up and...
US Dollar index hit the important price areas in all USD related assets ✔️DXY is expected to rise ✔️Recommended to consider buying 🟢 Try to BUY🔼 all the Dips !!! ✔️Confirmation Buyer Limit Area Zone Now try to go up with new buyers... ✔️Buy the dips!!!
HELLO TRADERS As I can see DXY is tested a strong support zone and now it can move up again to test the trend line till 104 with more good data for US this Week CPI and Inflation rate can boost the dollar again from this given support our risk reward is great on this trade it's just a trade idea share Ur thoughts with us it helps many other traders Stay Tuned for...
(1) We have witnessed a sharp fall from 29,500 level in Feb’20. This was almost 38% fall from the top. Market had gone in a oversold zone. (2) Around 18,300 level, price found a support and bounced back from this level. (3) With an upside rally, price managed to breakout its previous resistance. (4) After the breakout, we have seen a sharp upside rally further...
HELLO FRIENDS!! As i can see DXY is creating a head and shoulder pattern this can be next move for DXY if US inflation data is good for $ Technically it is clear view for bull move till design levels friends it's just a trade idea we are looking forward for Ur thoughts in comment session it helps alote of other traders Stay Tuned for more updates.
Nasdaq100 after a big up move. end big AB=CD+FIBO E LEVEL+ Bollinger Band+ Pivot I choose to show the MegaPhone pattern in the photo but there are many other tools. Fed wants to cut the rate this year, so I think he will do that only after a big down movement in the stock market.
Hello traders! This is my idea related to the US500 M15. The sellers' sentiment is still strong, and I expect a new ATH until the price of 5000 after that, I will look for a shot trade entry. It represents a good opportunity to look for a long trade entry. Traders, if you liked my idea or if you have a different vision related to this trade, write in the...
HELLO TRADERS. As I can see DXY on smaller TF creating H & S pattern we are looking for it to test the downtrend line once in 2024 and then all the way down its just a trade idea has a look on our previous analysis share Ur thoughts with us, we appreciate Ur love and comments. Stay Tuned for more updates!
Hello Traders! This is my Idea related to UA100. I expect a bearish move if confirms the breakout of the mentioned BOSS. It also will be a sign of a bearish market structure. I expect that FVG H1 will be closed, this area represents also my target. Traders, if you liked my idea or if you have a different vision related to this trade, write in the comments. I...
Hello Traders! This is my idea related to US100 M30. I see more bearish signals at the moment, for example, the chart did not set a new high, meaning that the Bulls are weak. Accumulation at the ATH level and the beginning of the bearish domination after a breakout. My target for this trade is the price of 16360. Traders, if you liked my idea or if you have a...
Hello Traders! This is my idea related to US30 H1. I see two possible scenarios where I will look for a long entry in case of confirmation of retracement. You can see two resistance zones from where I expect US30 will go bearish. In case of confirmation of retracement from the resistance zones, I will execute long trades until the price of 37760. Traders, if...
HELLO TRADERS As i can see DXY has done a retrace after a drop and now its a new entry for more sells as we had predicted in our previous analsysis incoming Friday NFP.... its just an trade idea share ur thoughts with us it will help all of us traders community
HELLO TRADERS, As i can see DXY DOLLAR had done a retrace after a long drop but still the downtrend is not finish yet ... so i can see a rejection here at this resistance zone so we are re enter on sell as we can yesterday FOMC MEETING show us a rate hike which is not good for Dollar & you can see geopolitical issue also around the world BRICK 70% country are...