My name is Philip, I am a German swing-trader with 4+ years of trading experience and I only focus on price action and market structure 🖥️ I am trading the higher timeframes because this allows me to massively capitalize on the major market swings and cycles without getting caught up in the short term noise. This is how you build real long term...
#DXY 1D Analysis The price is currently in the process of retesting the previous key zone, which is also in confluence with the trendline. If the price pulls back from the trendline and the key zone, there is a high probability of bullish continuation. However, if the price breaks and closes below the key zone and trendline, there is a high possibility of a trend...
Here is my latest structure analysis for EURUSD. Support 1: 1.0448 - 1.0468 area Resistance 1: 1.0574 - 1.0644 area Resistance 2: 1.0691 - 1.0738 area Resistance 3: 1.0755 - 1.0794 area Consider these structures for pullback/breakout trading. ❤️Please, support my work with like, thank you!❤️
#dollarindex is growing and this is not good for markets. #dxy is closed on both trend and ichimoku support on last friday. War broken out in Israeli - Palestine lands and we may expect further move of #dxy with this monday opening. If Dollar Index breaks the support downwards, then markets will plant green candles for days. NOT FINANCIAL ADVICE. Dyor.
Gold is going green next week to 1885$ level this week. Watch the picture which describes possible price movement for next week. Good luck
USDCAD nicely respected a key horizontal daily resistance. The price formed a bearish engulfing candle and kept falling yesterday. I believe that the market will keep falling. Next goal - 1.355 ❤️Please, support my work with like, thank you!❤️
Bond yields have been on the rise lately, and this trend may continue in the near future. As a result, it is crucial to approach the situation with caution and consider the potential opportunities it presents. The correlation between bond yields and the US dollar is well-established. When bond yields increase, it often attracts foreign investors seeking higher...
Update for NZDUSD. Earlier, we spotted an inverted h&s pattern on a solid horizontal support. I suggest buying on a retest of a broken neckline and we saw a strong bullish reaction afterwards. The market retests the broken neckline again. I believe that it will be a good buying opportunity for those, who missed initial long position. Updated goals: 0.5965 /...
WTI oil is green today and going to test 84.10$ level. We should wait price movements after testing this level.
Dow jones is green today and going to test resistance at 32230.
Hello,Traders! GBP-USD was trading in a Downtrend below the falling Resistance line but now We are seeing a bullish Breakout so there is a chance That we will see a move up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
This is how I believe EU will move in todays London and NY sessions, however with NFP coming we might close out of the position before the volatility for safety, lets see how it goes.
TVC:DXY With what am seeing on the chart, there is a 60% possibility that DXY will take out this 4 hour time swing low, which is also the recent low on daily. This automatically means currencies paired against the dollar like EURUSD, GBPUSD, AUDUSD etc, will be bullish for today. However, DXY is still bullish, the drop is just a retracement to take out sell...
– Previous Daily candle closed weak Bearish around 1820.200 as price still ranging withih the 4h timeframe prior to NFP this Friday. – Buys on close above 1829.200 targeting 1h Strong Resistance formed around 1837.700, Leaving Runners to the next Hourly Strong Resistance formed around 1845.000. – Sells on close below 1815.500 targeting Weekly Support formed at...
█ OVERVIEW TVC:DXY is the US Dollar Index and provides insight to the strength of the US Dollar at the given moment in time. DXY is in clear uptrend, and coming onto the support trendline it has been using since September 20. Current price level is 106, and a break down from here would lead to touch of support at 105. a bounce up looks to retest 107 and...
Hello,Traders! USD-JPY was trading in a Narrowing rising wedge But the a breakout happened So we are now bearish biased So I will be expecting a move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Good Morning! Trying to get an idea of where #stocks may go. IMO bias is up BUT we cannot be deterred by biases, can we? TVC:DXY 4Hr is showing weakness. Circles = moving avg bear crossovers. We see the quick drops BUT they RECUPERATE hours later. The 2nd chart shows DAILY vs 4Hr. Makes it easy to see how decent the drops are. TVC:DJI TVC:NDQ SP:SPX