USDOLLAR trade ideas
USDOLLAR potential for dip! | 2nd March 2022Prices are consolidating in a triangle pattern. We see the potential for a dip from our sell entry at
12243 in line with 61.8% Fibonacci retracement, 38.2% Fibonacci retracement and 61.8% Fibonacci retracement towards our Take Profit at 12179 in line with 78.6% Fibonacci retracement. Our bearish bias is further supported by RSI being on bearish momentum.
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USDOLLAR potential for pullback! | 1st March 2022Prices have consolidated in a potential double top pattern. We see the potential for a dip from our sell entry at 12225 which is an area of Fibonacci confluences towards our Take Profit at 12151 in line with 100% Fibonacci extension and 200% Fibonacci Projection. RSI is portraying bearish momentum.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
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USDOLLAR potential for pullback! | 28th Feb 2022Prices are abiding to a daily ascending trendline and approaching a pivot at 12292 in line with 61.8% Fibonacci extension towards our Take Profit at 12189 which is an area of Fibonacci confluences. RSI is at levels where dips previously occurred.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
USDOLLAR potential for pullback! | 28th Feb 2022Prices are abiding to a daily ascending trendline and approaching a pivot at 12292 in line with 61.8% Fibonacci extension towards our Take Profit at 12189 which is an area of Fibonacci confluences. RSI is at levels where dips previously occurred.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
DOW JONES DOLLAR INDEX potential for dips! | 24th Feb 2022Prices are on bearish momentum. We see the potential for a dip from our sell entry at 12215 in line with 78.6% Fibonacci extension towards our Take Profit at 12178 in line with 61.8% Fibonacci retracement and 61.8% Fibonacci extension . Prices are trading below our ichimoku clouds and also RSI are at levels where dips previously occurred, further supporting our bearish bias.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
USDOLLAR/ DOW JONES. We maybe seeing the sellers kick in fully in the next coming days... I personally cant wait to see what the sellers and buyers do at this point been amazing trading in the 2022 season so far.
USDOLLAR Bearish Pressure | 17th Feb 2022On the H4, with prices moving below the ichimoku cloud, we see the potential for a drop to our entry at 121834 in line with horizontal swing low support and 127.2% Fibonacci extension from our entry at 12180 in line with the 61.8% Fibonacci retracement. Alternatively, price head for our stop loss at 12227, in line with the horizontal swing high resistance and 50% Fibonacci retracement.
USDOLLAR potential for bullish momentum! | 11th Feb 2022Prices are on bullish momentum. Breaking our pivot at 12217 in line with 127.2% Fibonacci extension will might find prices climbing further towards our Take Profit at 12259 in line with 61.8% Fibonacci retracement and 200% Fibonacci projection. MacD is supporting our bullish bias with bullish momentum portayed by the crossovers of 2 MAs.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
USDOLLAR Turning BearishHi there,
We see that the USDOLLAR was trying to push up, and it was convincing for that Low at 12154. But, the RSI rejects that Low for now, and promises and bearish continuation.
12120 is the nearest target and the bias is 12080.
.
Khiwe
On this profile page, the shared analysis, ideas, and also, the strategy of a chart belong to Khiwe with some being influenced. The technical set-ups are speculative, they are not guaranteed for accuracy or completeness in the form of any content; -it is not to advise on financial markets. Please apply your own analysis and confirm it with price action.
US DOLLOR INDEXThe weekly price chart below shows the U.S. Dollar Index printed a large bullish candlestick last week, after previously rejecting the support level at 12257, which closed relatively close to the high of its range. The price ended the week at its highest weekly close seen in 18 months. These are all strongly bullish signs for the greenback. The dollar was boosted by last week’s Federal Reserve release which suggested 2022 will see higher and faster rate hikes than had been widely expected.
Overall, it seems clear we have a very bullish picture in the USD over the long and medium terms, so it will probably be wise to trade in the direction of long USD over the coming week.
USDOLLAR: BREAKOUT OF BULLISH TRENDLINE? or ANOTHER BULL RUN?Hello Enthusiast Forex Trader! Here's Long-term outlook for USDOLLAR , Support the Channel by smashing the FOLLOW and LIKES Button, then Share your opinion on the Comment Section below :)
*USDOLLAR creates a Descending Broadening Wedge pattern on Daily Timeframe
*USDOLLAR is moving above the Exponential EMA200 and bullish trendline
*Stochastic is pointing up in the neutral area, it could indicate a bullish momentum ahead.
*If the price exceeds the support area, it will invalid the roadmap and USDOLLAR can move in bearish phase/sideways
DISCLAIMER:
This isn't a recommendation to buy or sell currency pairs, only an Outlook from technical perspective.
dollarfed raising rates and unloading bonds onto the stock market sellers as a safe haven, war drums push money from europe also. once thru volume then she can run. bond holders will get slaughtered when the gov'ts default.
DXY - Short OpportunityPrice retests the structure after breaking the long trendline. short with sl & tp indicated
What To Expect From the US Dollar Up Until February 2022Fundamentals:
No change.
Yields and the yield curve remains supportive of a strong US Dollar
Deleveraging has not begun yet
Bullish
Technicals:
uHd
38.2% - 50% fib supprt
Bullish RSI and MACD
Weekly support
Pullback appears to be a fourth wave
Price Projection:
12360 -12479
Time Projection:
January 24, 2022- February 28, 2022
DXY - Short OpportunityPrice breaks the trendline& retest and if unable to break up, short with sl & tp indicated.
USDOLLAR ForecastTheoretical Rule 2: The price should reject from supply and fall to reach the first TP
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Khiwe
On this profile page, the shared analysis, ideas, and also, the strategy of a chart belong to Khiwe with some being influenced. The technical set-ups are speculative, they are not guaranteed for accuracy or completeness in the form of any content; it is not to advise on financial markets. Please apply your own analysis and confirm it with price action.
Dollar Index sellI missed this setup in my morning 5AM forecast because I did it casually in bed. Price has been breaking lows it retested making a doji then closed low perfect signal price will move lower
USD Retracement Incoming!! Must Watch Hello traders!
Please see our breakdown and opinion of the current Usd index.
Breakdown -
Price has been respecting this bullish dynamic support since late October and we have seen multiple tests of this area as it ascends.
We have identified what we think is some 4hr exhaustion in the orange box. It is also apparent from the daily time frame that may have ran out of steam and at the very least a correction is about to be forthcoming.
We have a bearish bias for the Usd Index for W/C 06/12.
There is some additional confluence factors we however would like to see : -
: - we would like to see price break and close below our ascending trend line.
: - we would like to see price retest our trend or our structure area.
Note the analyses from this index will be used to add confluence to any Usd currency pairs that we are monitoring next week.
Let me know in the comments below what your thoughts are on the Us Dollar just now and if you like the content and want to see more like this hit the follow button and give me a thumbs up!
The Fx Charist
Short-term US Dollar Forecast Possibility of some short term downside or counter trend trades for the US Dollar in the next few weeks! Recently we have seen the Dollar break through a key monthly level and previous lower high structure point impulsively which now means we are bullish on the Dollar as this shows intended direction of price. However, on Friday we have seen a 1-2-3 daily reversal pattern with a strong bearish daily candle close which could suggest that we could be at the start of a pull back/ correction in price. If we do start to pullback, i would be looking for price to show descending corrective movement back into the monthly key level (12100) which is also a 50% Fib retracement for bullish continuation. If price does break this level then the next level i would be watching is the weekly key level (11900) and 61.8% Fib retracement which would be a deeper pull back from the larger swing and could mean a larger move up possibly into the region of 12600.
With this in mind, when looking at currency pairs containing the US Dollar, we would be looking for selling opportunities for counter trend trades in USD/XXX pairs & buying opportunities in XXX/USD. However, this all relies the Dollar retracing. If prices continues bullish, we will have to re-evaluate at a later date.
Feel free to leave any comments!
USDOLLAR: BULLISH BIAS, SIGN OF STRONGER ECONOMY?Hello Enthusiast Forex Traders! Here's medium-term outlook for USDOLLAR , Please give us the thumbs up and support the channel by Smashing the FOLLOW button :)
USDOLLAR formed a trendline false break on h1 timeframe. Afterwards, USDOLLAR already broke out of the Falling wedge pattern.The MACD already crossed upward above the zero area, it signify a probability of potential breakout in the near future.
The roadmap will be invalid after exceeding the support/target area.
DISCLAIMER:
This is only an outlook, not a recommedation to buy or sell the cryptocurrency.
USDOLLAR Analysis - Symmetrical Triangle This is a chart for the USDOLLAR, which has been inverted to display the nature of a symmetrical triangle
Price can be seen to enter and exit on opposite sides
Using this assumption we can say that price will rise, at it climbs to exit the triangle (inverted)
USDOLLAR: DESCENDING BROADENING WEDGE, BULLISH BIAS ON DOLLAR?Hello Enthusiast Forex Traders! Here's long-term outlook for USDOLLAR, Please give us the thumbs up and support the channel by Smashing the FOLLOW button :)
USDOLLAR formed a trendline false break on daily timeframe. Afterwards, USDOLLAR is forming the descending broadening wedge pattern. We're looking for a breakout of the descending broadening wedge pattern to validate the bullish bias. The MACD starts crossing upward above the zero area, it signify a probability of potential breakout in the near future.
The roadmap will be invalid after exceeding the support/target area.
DISCLAIMER:
This is only an outlook, not a recommedation to buy or sell the cryptocurrency.
