usd is rising every week inside the parallel channel now testing upper line of the channel trend bullish until lower line of the channel breaks
There are several factors that could contribute to a sharp increase in the value of the US dollar in the future: Strong economy: If the US economy is doing well compared to other economies, it can boost confidence in the US dollar and attract investors. Strong GDP growth, low unemployment, high investment and innovation may be factors contributing to increased...
– Previous Daily candle closed strong Bearish around 1827.800 tapping into the previous Monthly Support formed in March 2023. – Buys on close above 1833.200 targeting 1h Resistance around 1838.000, Leaving Runners to the next 1h Resistance around 1845.000. – Sells on close below 1824.000 targeting 1h Support formed on 9th March 2023 around 1818.000, Leaving...
TP5 @ 1.1200 TP4 @ 1.1120 TP3 @ 1.0985 TP2 @ 1.0895 TP1 @ 1.0766 BSO2 @ 1.0635 ⏳ BSO1 @ 1.0555 ⏳ — This is our 2nd attempt at catching the beginning of EURUSD returning to it's Big Picture uptrend. — Although there was no HIGH IMPACT News for the EUR or the USD, the "bears" continued to push Price Action so far down that it reached our Pivot Low, which was also...
✅USD_CAD has been growing recently And the pair seems locally overbought So as the pair is approaching a horizontal resistance of 1.3694 Price decline is to be expected SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Hello,Traders! GBP-USD broke the key Horizontal level of 1.212 And as the pair is in the Strong downtrend I will Be expecting a move Further down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
✅GBP_CAD will soon hit A broken key level of 1.6612 Which is now a resistance And from where a local Correction is to be expected SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
USD JPY tapped into the strong resistance and watch the video to understand how to trade it
USDCAD nicely respected a solid rising trend line on a daily. The market was rejected from that, and it is most likely heading towards 1.368 - the next strong resistance now. ❤️Please, support my work with like, thank you!❤️
USDCHF is very bullish and trading in a long-term bullish trend. After reaching 0.922 level, the pair started a correctional movement within a falling parallel channel – a bullish flag. Its resistance violation is a strong bullish signal. I anticipate growth to 0.916 / 0.919 levels. ❤️Please, support my work with like, thank you!❤️
FX:EURUSD is forming a retest of resistance of the descending price channel. On the senior timeframe (D1) the preconditions for further sell-offs are forming The market is in the bear market phase. The resistance retest forms a consolidation of the price below the level, which forms a bearish potential before the further fall. At the moment, the fundamental...
GBPUSD is trading in a strong bearish trend. After the price set a new lower low on a daily, the price retraced to a falling trend line. Testing that, the pair formed a bearish engulfing candle, confirming a strong bearish reaction. I believe that the market may easily retest the local lows now. Goal - 1.214 ❤️Please, support my work with like, thank you!❤️
– Previous Monthly candle closed strong Bearish around 1848.700 closing below recent Monthly Support formed in July 2023, Weekly and Friday Daily candle also closed strong Bearish with barely no wick to the bottom. – Buys on close above 1854.000 targeting 30min Resistance formed around 1961.000, Leaving Runners to the 4h previous Support formed around 1865.000. –...
✅EUR_USD has made a Rebound from the support of 1.05 Just as I predicted in my Previous analysis and I am Now locally bullish biased And I think that we will See a further move up LONG🚀 ✅Like and subscribe to never miss a new idea!✅
EURUSD nicely respected a key historic horizontal support. Taking into consideration that the pair is quite oversold, probabilities will be high that a correctional movement will initiate from the underlined green area. Goals: 1.063 / 1.069 ❤️Please, support my work with like, thank you!❤️
Dollar Index is going to make huge gains in few next days, Technically The price will go up from 105.8 to 108 Support 105.8 Resistant 108 While Gold,BTC and WTI are going to make some loses. Wish you best trades
Hello,Traders! DXY is trading in an Uptrend and broke the Key horizontal level of 105.592 And is now going down to Retest the new support From where a further Move up is to be expected Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Hey Traders, in the coming week we are monitoring DXY for a buying opportunity around 105.650 zone, DXY is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 105.650 support and resistance area. Trade safe, Joe.