Looking for longs on the dollar if the price took the sell-side liquidity and then MSB
🔸Hello traders, let's review the daily chart for EURUSD today. Recently we had noteworthy compression inside rising wedge in strong prior downtrend conditions. Normally this results in a breakdown and dump, we had a fake breakout and print of new higher high at 1230/1240 before reversal and subsequent breakdown of the rising wedge structure. 🔸EURUSD ongoing...
#dxy has formed a falling channel and if breaks out upside, there will be a new pump and this will be not be good for all except dollar. There' s war and the situation is ideal. NOT FINANCIAL ADVICE.
USD/CAD is falling towards an overlap support and could potentially bounce off this level to climb higher. Buy entry is at 1.36944 which is an overlap support that aligns with the 23.6% Fibonacci retracement level. Stop loss is at 1.36337 which is an overlap support that sits under the 38.2% Fibonacci retracement level. Take profit is at 1.37842 which is a...
Hello,Traders! DXY is trading in an Uptrend but now the index Is making a local correction. However, a horizontal support Is ahead at 105.700 from where I think we will see a bullish rebound Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Price action analysis for AUDUSD. Daily/4h time frames analysis. Important key levels. Bullish outlook explained. ❤️Please, support this video with like and comment!❤️
Dollar Index nicely respected a rising trend line on a daily. After its test, the market formed a double bottom formation on an hourly time frame and broke its neckline. The index will keep growing now to 106.72 ❤️Please, support my work with like, thank you!❤️
Introduction The objective of this study is to compare the appreciation of the world's main currencies, with Bitcoin as its main focus. For this, 34 currencies were selected, 31 of which were fiat currencies, 2 metals (gold and silver, which were previously used as currency and store of value), and Bitcoin. The selection was made based on the trading volume and...
WTI oil is opening with green gap this week, Probably it’s going to go down to 78.9$ level this week testing this level. Therefore we will wait to test this level then take another look at chart.
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...