GBP/USD, GBP/EUR, GBP/JPY, EUR/USD, USD/CNY, DXY
LLOYDS BANKING GROUP PLC ORD 10P, FRONTERA RESOURCES CORPORATION ORD SHS USD0.00004 (DI), POWERHOUSE ENERGY GROUP PLC ORD 0.5P, UK OIL & GAS PLC ORD 0.01P, VODAFONE GROUP PLC ORD USD0.20 20/21, UNION JACK OIL PLC ORD 0.025P
FTSE 100, DAX Index, Euro Stoxx 50, S&P 500, Nasdaq Composite, Nikkei 225
Gold, Silver, Crude Oil, Brent Oil, Natural Gas, Bitcoin
BTC/USD, ETH/USD, BCH/USD, XRP/USD, LTC/USD, ETC/USD
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
Gold, Brent Oil, Crude Oil, CFDs on Natural Gas, Palladium, Silver
The dollar index is in a pullback from an uptrend on the daily chart. 95 is key support
Scenario A) 95 holds and price pushes higher toward 96.15
Scenario B) 95 breaks and ends uptrend for larger drop
This week I believe that the US Dollar will go up to seek liquidity before coming down.
This will put pressure on other currencies. GBPUSD and EURUSD will go down beginning of this week and will end the week on the upside.
Here the Dollar index has hit a long term support level around 91 to 93 and recovered from these levels twice. Both times at RSI major oversold levels. Technically this enhances support for the Dollar. Looking fundamentally, the new US tax law changes and good economic data out from the US points to support of the USD. The theme for the DXY may be either a new ...
Downtrend last swing high broken by 5 wave impulse upswing. Possible corrective abc has ended around the 78.6% retrace. Blue upfork yet to be confirmed; if it holds, will target blue median as objective.
Upside down head and should pattern on the DXY. this should push the dollar higher in the future to come
Dollar Index Daily chart - I see a buy opportunity here for dollar pairs from this level we can also see a pull back is due on monthly chart. Daily structure is also bullish
I believe price will be heading to test the 6M open,
Break of trendline structure and rejected a 15m OB 0.11% within a 4H OB 0.11%
Will want to take out all those who have held their dollar shorts
Waiting for confirmation; if price rejects 92.90 or 93.05 on a retest and bullish pa is seen
93.15 is the main level I am watching
The last round of rate hikes were 2004-2006.
Possible Hammer building and a bounce of 61.8 fib. A close above 97.52 would be short term bullish. Watch #EURUSD a close below 1.1180 = dollar bullish
although confirmation in the chart not there yet I would like to get this one out there. long dollar pairs to be seen?
On a weekly time frame, the last candle formed a bullish engulfing pattern and right at the H&S's neckline. It is premature to say that the H&S formed is already busted but the 200 SMA and trendline are still intact which suggests that we are still in uptrend. In addition, it has also pierced above 100.20 where it acts as a strong resistance level in several ...
After pull back to 61.8 % Fib I am looking at the price to break above 101.95 to go long 102.8
Alternatively bearish below 101.3
In a longer time frame (W1), the bias is on the bullish side where price are making higher highs followed by higher lows.
With the Fed raised its short-term interest-rate target last month for only the second time in a decade and signaled it would likely speed up the pace of rate hikes this year. Rates are currently targeted at between 0.5 percent and 0.75 ...