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...
Price action analysis. Important key levels. Detailed technical outlook ahead of Employment data. Potential scenarios. Trading recommendations. ❤️Please, support this video with like and comment!❤️
I bring you fantastic news that will surely make your day even brighter. The upcoming job report expect to have an impressive addition of 150,000 new jobs, coupled with a lower unemployment rate. This remarkable achievement will set the stage for an exciting journey ahead for the US dollar! The US economy continues to demonstrate its resilience and strength, and...
The dollar index: an interesting comparison of previous pullbacks. In the period from 2003-2008, the dollar index lost 41% of its value. A historical low was formed at the 70,698 level, and the dollar is starting a bullish trend, breaking through the EMA200 daily and forming a higher low. Since that moment, we have been in a bullish trend and are monitoring each...
Get ready to witness an exhilarating opportunity in the world of currency trading! The global economic landscape is undergoing a seismic shift as major currencies face mounting inflationary pressures. Amidst this chaos, the mighty US dollar emerges as the frontrunner, poised to dominate the market. Brace yourselves for an exciting ride as we delve into the reasons...
This is a long term analysis of DXY showed strong rejection from monthly FVG after a sweep of liquidity and now we are seeing a bullish momentum expecting this to get to a premium zone and a higher dxy for the next 1 or 2 months .
It's time to dive into the world of currency markets and explore what's been happening with the DXY (US Dollar Index) since December. Despite the buzz surrounding Jerome Powell's Jackson Hole speech, the DXY has been in a range. However, fear not, as this article aims to illuminate this situation and present a compelling case for why now might be the perfect time...
Dollar Index is currently testing a solid key daily resistance. To catch a bearish wave from that, watch a major rising trend line. Its breakout - daily candle close below will be a strong bearish signal. A bearish continuation will be expected at least to 103.3 level then. Alternatively, a bullish breakout of the underlined blue are will push the prices...
US Dollar Index same as I updated in my analysis, Rebound from 103.20 to 103.60 around. after that seen pullback. Now it's retesting and looking target again 103.20 and we may see below 103 next coming week.
US Dollar Index (Yearly Chart)- TVC:DXY The chart reveals a clear historic time pattern of c.6 years of bear price action followed by 10 to 12 years of bullish price action for the Dollar. The Chart o Each bear cycle ends with a double bottom which forms over a 4 to 6 month period. The double bottoms are marked 1 and 2 in blue on the chart. o If we...
best correction best entry point best R:R (1:10) low risk The dollar index is bearish
TVC:DXY Hey, gettin back after long time but with different strategy I trust more So DXY, when we look into XAUUSD we see bearish trend so thats this idea of DXY upside move one thing goin against is last high is not higher then previous When is entry valid: Fisrt at all I wanna see some 1H low to be formed, low cant go lower than 102.138. If yes trade is...
Here is my top-down analysis for Dollar Index. Ahead of NFP, the main focus are 2 structures: intraday support and a daily resistance. If the price breaks and closes above 102.73 - 102.92 area on a daily, a bullish movement will be expected to 103.33 Alternatively, a bearish breakout of 102.3 - 102.44 area and 4h candle close below that will be a strong...
Hey, fellow surfers of the financial waves! Mondays can be a wild ride, no doubt, but let's not let them mess with our stoke. The Dollar index is making its move back to the range midpoint, and EURUSD is just catching its breath, chilling out in consolidation mode. But you know what, this is where the magic happens for us at Global Chart Surfers! We're the...
Here is my latest structure analysis for Dollar Index. Resistance 1: 101.70 - 102.05 area Resistance 2: 103.35 - 103.58 area Support 1: 100.55 - 100.70 area Support 2: 99.58 - 99.78 area Consider these structures for pullback/breakout trading. ❤️Please, support my work with like, thank you!❤️
Hello traders. As you can see, the price had a bullish reaction after touching the weekly support. There is a clean FVG above the price that is a high possibility to be filled. Then we can expect another bearish move. Please pay attention to the details. feel free to ask questions. 💡Wait for the update! 🗓️31/07/2023 🔎 DYOR 💌It is my honor to share your...
hi dear trader my road map for dollar curency index ... One more Fed rate hike at least and a narrowly softer dollar outlook The forthcoming Federal Open Market Committee meeting may be a relatively subdued gathering, leaving exciting loose ends for September. Meanwhile, the dollar could trade around current ranges with a modest softening bias over the rest of...
Price Action - Smart Money Concepts - Institutional Trading.. My Trading Analysis 4H: Price has not created new high, possible retracement to see IF price will continue uptrend at previous Higher Low or Break Structure. 1H: Price FAILED to create new high as well. We see a BOS on the line chart... indicating a possible reversal / retracement. 15M: (Entry...