I see a rounding bottom forming since 1987!!!, Japan is in big trouble if this pulls off. We are trading at an important resistance 151 level. Probably we see a pull back to the 145-146 level and then the pair may try a massive break out. I don't know what to think about this, we could see a big shift in the world economy in the near future.
I'm buying this now, GBP has been strong against all crosses and is standing up really well (compared to EUR / JPY etc) against an improving dollar (which I don't think will last). I think we're gonna see GBP spike, let's see.
Hey traders, welcome back. The dollar is increasing heavily to the upside as I make this video. Now we don't know how price will close but it is important to watch how she closes today. If price continues this could affect the major currency pair market in a mighty way. All Base dollar pairs could continue to increase while Quote dollar pairs could continue...
SHIBUSDT support to buy: now and 0.0000075 - 0.000005 target: 0.00001 - 0.000015
Dollar Index keeps falling from a solid horizontal intraday resistance, as I predicted earlier. As an extra bearish signal, we can spot a confirmed breakout of a neckline of a descending triangle formation, with a strong bearish reaction to that after its retest. The index may keep going lower. Next support: 105.65 ❤️Please, support my work with like, thank you!❤️
Multiple time frame analysis for Dollar Index. Price action & important key levels. Directional bias & thoughts. Trading plan explained. ❤️Please, support this video with like and comment!❤️
Been watching this pair for a while, I'm noticing the Swissie generally weaken against it's crosses, many look ready for a reversal to me. CADCHF has been trading in a range, we can see daily failures at the current level which suggests to me we're about to bounce up so I'm looking for a buy on LTF's. I first posted this idea on the 18th October, it now looks...
Looking at this pair it's been trading in a descending dynamic channel since mid-July, it makes up nearly 58% of the DXY index and so is in close negative correlation to this index. We can see the on the daily a pinbar followed by a long-wick doji, which could mean reversal, the opposite can be seen in DXY: We can now see a breakout of the channel, and the...
From our previous analysis of this pair, we witnessed prices dip with a Bearish swing in place. With the completion of the last Bearish swing on the 1-hour chart, we are ready for the next. We can see the price begin to retrace towards our PB. When price comes into our PB, we will use our method to refine to a valid zone from which we will expect to see reversals....
In the preceding days, we conducted an analysis of this pair. Among the things we found on the first day of this week was that this pair was Bearish. Our analysis revealed that the market was heading Bearish to hit the 1 hour and 4 hour liquidity targets. Two days ago, on Tuesday, we saw the market go on to hit the 1-hour Bearish liquidity target. Even though the...
– Previous Daily candle closed Bearish around 1996.200 forming Daily Resistance around 2006.200. – Buys on close above 2001.000 targeting Daily Resistance formed around 2006.200, Leaving Runners to the 4h Resistance formed on 16th May 2023 around 2012.200. – Sells on close below 1993.400 targeting previous Monthly Resistance formed in May 2023 at 1989.600, Leaving...
TVC:DXY Bullish Trend Line Break, with negative divergence. Technical Analysis Description: DXY Bullish Trend Line Break with Negative Divergence The DXY, which represents the U.S. Dollar Index, has recently exhibited a significant technical development characterized by a "Bullish Trend Line Break" accompanied by a negative divergence. This combination of...
As we know the relative strength of DXY determines the direction of many pairs, and all of the USD crosses so I always keep an eye on it, even though I never trade it. This bullish move from mid-July has been unstoppable, but is now giving clear signs of exhaustion and potentially a retracement. Looking at the daily we've just closed with a pinbar, the first of...
We saw another rejection from a long standing descending dynamic trendline on Friday, I'm expecting a fall from here back down to support around 1.4275. Will be closely watching action around the 1.435 mark, but overall we're printing HH's and HL's on the higher timeframes (although still within a range), let's see what happens but I think we're definitely headed...
AUDUSD D1 Similar setup here for the aussie/dollar. We managed to get off the ground a little bit faster here as compared to cable. That being said, we also got caught with that liquidity dump and spike, which punctured support and stops before flying higher. I feel we may see some rejection at 0.63800, before then gearing up to break upside, largely depending...
DXY D1 Today, or at least this morning is all about waiting for these corrections to unfold and settle. The DXY is being used to compare against FX pairs, and we are just waiting to see whether this resistance price holds, or breaks. Like I say, we aren't looking to trade just yet, merely try and get some consensus of direction early on in the week, we can...
EURUSD is trading in a long-term bearish trend. After the price set a new lower low at the beginning of October, the market started a correctional movement within a bearish flag pattern. Closely monitor a support of the flag next week, its violation - a daily candle close below, will be a strong bearish signal. A bearish continuation will be anticipated then...
In this video, we conduct an in-depth analysis of the DXY (US Dollar Index). Our focus lies in deciphering the pronounced bullish trend observed on higher time frames. Throughout the video, we explore prospective price targets and trading opportunities, delving into trend assessment, price action, market structure, and a conceptualised trade proposition. Please be...