Trading suggestion: ". There is still a possibility of temporary retracement to the suggested resistance line (1.4205). if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . GBPUSD is in a range bound, and the beginning of a downtrend is expected. . The price is above the 21-Day WEMA, which acts...
What to say about the relentless S&P, at the top of the market, there was a great absorption in the accumulation, causing the price of the asset in question to rise exponentially.
The uptrend DXY has appeared to be starting to form only has 1 validation touch on the trend line (I'd like to see one more before confirming a rally to the upside) which would mean a bearish Q1 for bitcoin (we've already seen 25%+ pullback since $40,000. I'm thinking we're going to see a high leverage stop hunt/liquidation for short positions, confirm a bearish...
-Yurlo Please tap that like button 👍🏼 DXY (American Dollar) has been on a downtrend since February (last top) and hasn't really shown any signs of slowly down until recently (POSSIBLY), and it wasn't until after the March crash when Bitcoin $BTC started its big rally towards ATH's (All time high's)
FX:EURUSD is falling down. It will go down to the ground :) I entered a sell trade. Will update you later when we reach 1.1197. I assume it'll go down even further. What's your take on my chart? If you agree, give me a thumbs up. 👍
Bitcoin plz go 2 moon, stop going sideways now
Better start selling now. The bearish move is very probable. It will probably go further down than what we expect. What do you think? ;)
-Yurlo If $DXY finds support and head towards $0.94, $BTC will likely take a big hit as we've seen a reverse correlation between the american dollar and bitcoin. If $SPX decreases in price it's probable that $BTC will follow.
Please give this TA a LIKE 👍 $DXY / $USD #1: weekly visuals zoomed out (showing 3 validation points ~ with signs of a bounce of an (area of interest zone) #2: Zoomed in (shows significant buy pressure upon retest) #3: Four hour perspective ~ shows structural integrity #4: Found support above trend-line When $DXY (american dollar) increases in price ~ gold,...
Reason I'm making a technical analysis on this chart: #1: If this turns into support, $BTC will crash as $DXY goes upwards in price. (opposite correlation) #2: I'm currently short $BTC, so looking for a bounce with $DXY.
We have discussed previously a potential rally in the American dollar. Now we are getting really close to the potential entry. However, accumulation is weak. That means it will take another week or two to get a signal. Accumulation builds momentum. That’s why it is so important. We have very strong fundamental setup for DXY rally: COT – commercials are heavily...
Hello, friends!👋🏻👋🏻How are you today?🧐 For a long time I did not look at USD / CAD.🧐 Let's see the hourly chart! The price is in the uscending channel 📈. It striving for the level of 1.41406, a few days ago there was not enough power and the price fell to previous levels of support. 🤷🏻♀️ ⚡ What will happen this time? ⚡ Can the price...
Friends, I just wana share with you my thoughts on GBP/USD while I look around the market.🧐🧐 🤫To be honest, I choose the entry point very carefully and don't focus on one or two trading pairs. 👩🏻🎓I'm still learning ... If you have any interesting thoughts and tips on working on Forex, I'll be grateful if you share it with me. In the meantime, I share with you...
Hi, guys🤗🤗🤗 Today I spend a day at Forex, looking for great points to enter into deals.🧐🧐🧐 Although I don't forget about Bitcoin✌🏻 👉🏻USDCAD looks calm, in my opinion one more price movement can be expected in the tunnel, and then it will be seen.👀 🧐🧐🧐What positions are you in today ??? What you should pay attention to?🤔 Kiss you 😚💋 Your Rocket Bomb🤲🏻🚀💣
👋🏻Hi, guys!👋🏻 Today I wanna look at all the trading pairs in both Forex and Crypto, but whatever I open it, I don't like the movement.😏😏😏 🤔🤔Is there something wrong with me or is it something strange is happening in the markets right now?🧐🧐 USD/CAD from yesterday changed direction, now it's confidently moving down to the level of 1.41201👇🏻 What's next move? I...
US dollar index. 4 hrs. Breakout OK. DM projection suggests it will end at monthly R1. Retest is possible but not guaranteed. The global demand for dollar seems to be high as it gaps above supply. Top Absolute Correlation 1 USDX - USDCHF 85.0% 2 USDX - GBPUSD -81.4% 3 USDX - EURUSD -80.0% 4 USDX - AUDUSD -73.2% 5 USDX - USDRUB 72.3% 6 USDX - USDCZK 72.2% 7 USDX...
I believe with my audacity that this pair is going to reach my target. good luck!
Expecting bullish movement from Demand zone 1.11