🏛EUR_AUD has retested a wide demand level And broke out of the channel on the lower timeframes Which creates a bullish bias And I think that the pair will go up to retest the local high LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Internet and TV pundits will have you think that the currency doom is upon the United States and the world. Once again fiat currencies (such as the Dollar) has proven the crypto fanatics wrong. No, Dollar will not die and will be replaced with bitcoin, dogecoin or other crapcoin. Dollar is here to stay and it just broke out into a new Bull market on July 13, 2021....
Hey traders, DXY remains very bullish since the end of May. However, with the recent price action, the market started to slow down. The index is currently trading within a rising wedge pattern. Signifying the exhaustion, bears are looking for a strong supply area to start pushing. On focus is 93.3 - 93.5 area. It is a potential reversal zone based on a...
DXY SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY SMP Strategy Market Direction: Long Position Chart time frame - MONTHLY Timeframe - 6 Months You will see a very strong USD move to the north which will drive down commodity levels, Metals and the crypto market. This may last for 6 months so hold on!! Plenty of opportunities in the second half of this year!...
EUR/USD | Euro to US Dollar Trading Analysis Bearish scenario. ECB, Villeroy: keeping the accommodative policy at the moment is absolutely justified. Welcome back Traders, Investors, and Community! Check the Links on BIO and If you LIKE this analysis, Please support our page by hitting the LIKE 👍 button Traders, if you like this idea or have your own opinion...
The dollar is fighting hard the .702 support. Inflation comming so most likely to break down.
Because i have nothing to do. but when i play Cryptos i have the choice to Play in USD or Euros. My choice for now is Euro. - Euro broke a 12 years downtrend (2008 to 2020) - Dollars printing machine is burning with Covid as results : - More Dollars than Euros printed = Euro Stronger. - Forex Trend can change with FA ( politicals blablabla / Economic War / etc...
🏛AUD_USD is trading below the broken daily level And the breakout makes us bearish biased Thus, After the retest of the level I am expecting a move down To at least retest the current low SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
🏛GBP_USD broke the rising support and collapsed And the bullish correction is taking place now As you can see pair is currently retesting the broken level And as I am bearish biased, I think that we will see a drop From the supply area above SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Hello,Traders! AUD-USD broke the weekly key level And is now moving up to retest it I think that we will see a bearish reaction And the pair will go down to retest the breakout low Sell! Like, comment and subscribe to boost your trading! See other ideas below too!
Hello,Traders! NZD-USD is trading in a weird wedge Just as many pairs right now And the price will soon retest the resistance line So, it is reasonable to expect a bearish reaction But wait for the confirmation to enter a trade! Sell! Like, comment and subscribe to boost your trading! See other ideas below too!
USD/EUR Putting broad risks considerations to one side for the time being, it would be reasonable and valid to attribute some Greenback weakness to the latest jobless claims data, especially as the weekly tally chimes with the survey period for this month’s BLS report. Indeed, the DXY duly retreated further below 93.000 and to a new w-t-d low inches away from...
$DXY looks like it's topped for the short term w/ an ugly reversal candle on the 2 day. Strong short signal on my indicators. Drew different possibilities of supports on the chart. My guess is that we go to the lower supports to make people think we're getting a macro breakdown in the dollar, then we see a strong reversal higher in $DXY . If this plays out, it...
Trade based on price action With risk management you will never loss Kind regards; Ridethemacro
Our beloved dollar wants to break down.