#DXY Is dollar going to surge higher again in 2020? - AnalysisTraders,
Although the dollar has been very weak lately especially in Jul 2020. If we read and trust media reports, they are painting a catastrophic picture of dollar. But we go to the higher timeframe and start to put things in perspective, it starts to form a contrarian picture of dollar. In this analysis, I take top down approach in the analysis from Monthly timeframe to all the way 4H time frame to see what actually has been happening. Although, this is a technical analysis point of view and ignores fundamentals completely, I am sure that it is interesting to see what market is telling us from the charts.
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The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of education only. Not a financial advice or signal. Please make your own independent investment decisions.
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Vikinsa
#USDCAD Is Pushing Back Up From The ZoneTraders, USDCAD as we analysed a week ago, has started to push back up from the zone after testing VATA Cluster MA. This is also a completion of a good M pattern that means Market can go higher.
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Disclaimer:
The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of education only. Not a financial advice or signal. Please make your own independent investment decisions.
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#EURUSD 2 Zones To Watch Out ForTraders, on EURUSD I am watching these 2 levels. These can be taken a target levels for long trades currently running or opportunities for short trades based on confirmation. 2 Patterns are completing in these zones.
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The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of education only. Not a financial advice or signal. Please make your own independent investment decisions.
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#DXY #DollarIndex #Dollar Inverse Head and Shoulders Forming?Traders, we have been watching this for quite some time. The level 91.9 can not be ignored if the price comes there. This is where it could be forming the right shoulder of inverse head and shoulder pattern. Fib 78.6 is also there but little bit below. DXY has already completed a bullish pattern around 92.54 and this current candle could be just a retest (spike sort of behaviour) before DXY starts to move upwards.
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The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of education only. Not a financial advice or signal. Please make your own independent investment decisions.
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#ETHUSD #Ethereum Breakout Opportunity For Longer TermTraders, ethereum tested 23.6 fib level and showed rejection. If it breaks through that then 590 level will be opened.
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Disclaimer:
The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of education only. Not a financial advice or signal. Please make your own independent investment decisions.
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#BITCOIN Is It Going Up Or Down? Full Analysis With The PlanTraders, Bitcoin broke-out of an important level but again struggled with 12000 level. There has been a lot of profit taking. Bit coin had a history of fake breakouts so we need to see a proper retest before make a decision. In this multi time frame analysis we see what we have for us in the next week and month on this cryptocurrency.
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Disclaimer:
The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of education only. Not a financial advice or signal. Please make your own independent investment decisions.
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#GBPUSD Weekly Analysis & Forecast With Trading PlanTraders, GBP is also at a decision point because of DXY. Has both bullish and bearish opportunities available for us.
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Disclaimer:
The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of education only. Not a financial advice or signal. Please make your own independent investment decisions.
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#EURUSD Multitimeframe Analysis & Trading PlanTraders, EURUSD overstretched itself to reach a level on monthly time frame. It is still bullish although it has started to show signs of weakness in the bull trend. So what is there for the next wee and month. Lets find out in this multi time frame analysis and trading plan.
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Disclaimer:
The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of education only. Not a financial advice or signal. Please make your own independent investment decisions.
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#Silver #XAGUSD Multi Time Frame Analysis,Forecast &Trading PlanTraders, Silver like gold had an amazing month. It reached a level on monthly time frame. This also shows the importance of multi time frame analysis in trading. So what is next for the silver. Is it going to follow its bullish momentum of will it follow gold. It is decision time. Let see what we have in this multitime frame analysis.
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Disclaimer:
The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of education only. Not a financial advice or signal. Please make your own independent investment decisions.
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#Gold #XAUUSD Top Down Analysis & Trading PlanTraders, gold has hit all time high. This is still bullish but we now have weakness and over extension coming in. We can expect a retracement but so far there are no actual confirmations for the same. We do have 2 bearish fibonacci confluence patterns completing right now but lets see what market hold for us in this multi timeframe analysis of gold.
#NASDAQ #NAS100 Weekly Analysis & ForecastTraders, NASDAQ has come to our zone that we identified few weeks ago and has been trying to break through it but has not been able to. So if it breaks through it we have a good bull trade else we are looking for short trade.
Let see how we can play it in this multi timeframe analysis.
#FTSE100 #UK100 Weekly Multi Time Frame Analysis & ForecastTraders, FTSE100 has taken a divergence from snp500 and fell. This has been showing bearish signs for some time now. So I am expecting it to fall further. Lets see what opportunities we have on it in this multi timeframe analysis and forecast.
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Disclaimer:
The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of education only. Not a financial advice or signal. Please make your own independent investment decisions.
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#US30 #DowJones Weekly Analysis & Forecast Traders, US30 showed bullish signs in last 2 sessions of the week and month of July 2020. This very well follow the suit of SNP500 as it usually does. So what it there in the store for us from technical analysis point of view?
Lets sees in this multi time frame analysis of down jones index.
#SNP500 #SPX Weekly Top Down Analysis & Forecast- Breakout?Traders, SNP500 has been moving as per our analysis and it has not turned very bullish. There are signs of a breakout on it. But there is also an interesting thing happening on it on multiyear time frame. Lets find out in this weekly top down multi timeframe analysis and forecast.
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Disclaimer:
The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of education only. Not a financial advice or signal. Please make your own independent investment decisions.
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#DXY #DollarIndex Top Down Weekly Analysis & Forecast -Reversal?Traders, What a month and week it has been for the dollar. It fell fastest in a decade but fro technical analysis point of view on the higher time frame it was expected to a certain extent. Now that it has overstretched itself and also has completed a pattern, we can expect a reversal. But we need to careful of the residual bearishness next week. Let see what is in there in this top down weekly multi time frame analysis.
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Disclaimer:
The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of education only. Not a financial advice or signal. Please make your own independent investment decisions.
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#Gold #XAUUSD A Possible Bearish pattern Has EvolvedTraders, #Gold #XAUUSD A Possible Bearish pattern Has Evolved. This is a rare and weird 5-0 Pattern pattern that comes on few instruments. But keep an eye on DXY. Whatever is happening in gold and other pairs today is because DXY has found a support (at least for now)
#DXY Has Reached A Potential Reversal Level Important Update!!Traders, #DXY Has Reached A Potential Reversal Level That We Anticipated i.e. 93.59 level. This completed a bullish reversal M pattern on DXY which means that all majors EU. AU. AU, GU, NU are expected to go down along with Gold and Silver. USDCAD, USDCHF and USDJPY are expected to go higher.
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Disclaimer:
The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of education only. Not a financial advice or signal. Please make your own independent investment decisions.
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#GBPUSD Possible Reversal Pattern Coming UpTraders, I am watching this possible reversal bearish pattern on GBPUSD.
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Disclaimer:
The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of education only. Not a financial advice or signal. Please make your own independent investment decisions.
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#EURUSD Important Levels & Zones To Watch Out ForTraders, these are the levels, zones and trend lines that I am watching on EURUSD. This may not be the right time to buy EURUSD for swing trade. Also see my video analysis of DollarIndex which will help you in eurusd.
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Disclaimer:
The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of education only. Not a financial advice or signal. Please make your own independent investment decisions.
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#Bitcoin #BTCUSD Trading Plan For The Next WeekTraders, BTCUSD Has completed a bearish W pattern on an important level. That can push the price down but at the same time if it breaks through that level then we can expect a higher move to the next level indicated by arrows.
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Disclaimer:
The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of education only. Not a financial advice or signal. Please make your own independent investment decisions.
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#Ripple #XRPUSD Trading Plan For The WeekTrader, Ripple has been moving towards the zone as we predicted couple of weeks ago. However the move has been slow. If it reaches there, we can expect a little pull back before it starts to go higher.
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Disclaimer:
The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of education only. Not a financial advice or signal. Please make your own independent investment decisions.
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#NASDAQ #NAS100 Complete Analysis For The Week AheadTraders, NASDAQ fell exactly from the zone that we expected. It has not gone to the profit target yet so it is still a short opportunity. Let see how to play this.
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Disclaimer:
The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of education only. Not a financial advice or signal. Please make your own independent investment decisions.
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#UK100 #FTSE Full Top Down Analysis & ForecastTraders, Like SNP500 and US30 we were expecting FTSE 100 to be bearish too.That's what has happened. Now it has reached a level where it could start to move higher. So we need to see what lies ahead. Lets find out.
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Disclaimer:
The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of education only. Not a financial advice or signal. Please make your own independent investment decisions.
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