The US #Dollar is trying to base on the daily charts, again. Not making calls until we feel sure, many times we're posting just to show what we see. We've mentioned many times that calls are CLEAR when they are made. Breaking under doesn't mean impending doom, look at June how it came back. However, that is NOT the norm! Usually a break turns that support level...
Feels like we have a bearish trap on USDJPY. The pair looks very oversold after FOMC yesterday. Testing the key daily structure, the price went below that but then quickly recovered, making me think that the violation was false. We can anticipate a pullback now to 142.76 ❤️Please, support my work with like, thank you!❤️
Much like the preceding analysis of XAUUSD, we find ourselves with GBPUSD and EURUSD, both poised to follow a somewhat parallel trajectory. Our anticipation centers on a modest downward movement, targeting approximately 1.26, before setting the stage for long positions. Our optimism hinges on the prospect of witnessing the DXY approach the anticipated 103.000...
DXY D1 The dollar index has drifted lower, aligning with the latest developments and insights pertaining to the battle against inflation and central bank interest rates. We witnessed a significant downward move, sliding from 104.000 to 102.000, amounting to a substantial 200-point drop. Subsequently, we are observing a modest rebound, mirroring the overarching...
USD/JPY is rising towards a pullback resistance and could potentially reverse off this level to drop lower towards our take profit target. Entry: 143.035 Why we like it: There is a pullback resistance that aligns with the 38.2% Fibonacci retracement level Stop Loss: 144.718 Why we like it: There is a pullback resistance that sits above the 61.8% Fibonacci...
– Previous Weekly candle closed small Bullish around 2019.800 forming Weekly Support around 2004.000, Friday Daily candle closed Bearish forming Daily Resistance around 2036.400. – Buys on close above 2023.500 targeting 1h previous Strong Support formed at 2030.200, Leaving Runners to the Daily Resistance formed on Friday around 2036.400. – Sells on close below...
USD/JPY could rise towards a pullback resistance and potentially reverse off this level to drop lower. Sell entry is at 143.058 which is a pullback resistance that aligns with the 38.2% Fibonacci retracement level. Stop loss is at 144.538 which is a pullback resistance that aligns with the 61.8% Fibonacci retracement level. Take profit is at 140.949 which is a...
In anticipation of tomorrow's trading session, our focus keenly centers on the NASDAQ, where we are meticulously examining the potential for a strategic buying opportunity around the 16550 zone. The current trajectory of NASDAQ reflects a sustained uptrend, emphasizing a consistent upward movement. Presently, the index is immersed in a correction phase, gradually...
DXY Dollar index Long: i think if it brake the last downtrend line it could see the value 110. so : all the crypto market is going down. the USD will be strong in forex market.
✅USD_CAD has retested a key resistance level of 1.364 And as the pair is already making a bearish pullback A move down to retest the demand level below at 1.354 is likely SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Here is my latest structure analysis for EURUSD. Supply Zone 1: 1.0995 - 1.1066 area Supply Zone 2: 1.1129 - 1.1150 area Demand Zone 1: 1.0822 - 1.0847 area Demand Zone 2: 1.0723 - 1.0761 area Demand Zone 3: 1.0656 - 1.0668 area Demand Zone 4: 1.0496 - 1.0536 area Demand Zone 5: 1.0447 - 1.0467 area Consider these zones for pullback/breakout trading next...
Hello,Traders! DXY is trading in a downtrend And the index broke a wide Horizontal key level around 103.000 Which is now a resistance so as the Price is about to retest the Resistance we will be expecting A local move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
As the fed didn't raise the interest rate at the last month of 2023, the dollar index got down and all the currencies reacted to it. And it'll go downtrend until something happens. But now do not trade because of the Christmas and the holidays the market has low liquidity and the key players are not around
Dollar Index formed 2 intraday gaps this week. The one was successfully filled, and the market is heading towards the second one. I strongly believe that the market should fill the second gap. Be prepared for a bullish continuation to 102.5 ❤️Please, support my work with like, thank you!❤️
Hello,Traders! EUR-USD is trading in a Strong uptrend but the Pair will soon hit a horizontal Resistance level of 1.1016 From where I will be expecting A local bearish correction Because the pair is overbought Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
After all analysis I have made and 2022-2023 events , the yellow metal TVC:GOLD breaks his highest resistance ever , this week as expected due to the bearish divergence . OANDA:XAUUSD have corrected to his new highest support , so I took long trades from 1982$ zone and my first target is 2120$ , then others are 2300$ . Let's catch up on high traders ;)) !!
Hello,Traders! USD-CHF is trading in a Downtrend and the pair Broke the key level of 0.8681 Then retested the broken level And is going down again so I am bearish biased and I Think that we will see A further move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Dollar Index reached a key daily horizontal support level yesterday. The market formed a cup & handle pattern on that on an hourly time frame. Its neckline was broken with a breakaway gap, confirming the strength of the buyers. I expect a pullback to 102.0 ❤️Please, support my work with like, thank you!❤️