as the FOMC meeting hold nothing hawkish happened so the DXY can start a bearish move again.
Oil prices rose slightly in Asian trade on Wednesday, the first in five months, as traders priced in lower risk premiums from the Israel-Hamas war and focus now shifted to the Federal Reserve's interest rate decisions. I have recovered from the worst month of . The market also had mixed data on U.S. oil inventories, showing that while overall inventories...
DXY D1 Today, or at least this morning is all about waiting for these corrections to unfold and settle. The DXY is being used to compare against FX pairs, and we are just waiting to see whether this resistance price holds, or breaks. Like I say, we aren't looking to trade just yet, merely try and get some consensus of direction early on in the week, we can...
Dollar index reached double top with in the structure which it may sell of from there as yesterday's daily high candle backs up this scenario. we also could break and resume the rally but either way we are waiting the market to show us where it wants to by impulsing that way followed by a continuation then we would flow the momentum.
I am expecting dollar to have a slight pullback from here , structure looks bullish and I wont be shorting anything until dollar starts showing bullish strength. Let me know your opinions on this.
In a year when the US economy beat all recession forecasts, budget ferocity has nearly doubled, and weak budget guidance has been found to be almost more lethal than interstate budget wars. faction in Washington. The government decimated $2.02 billion in the fiscal year through September, after adjusting to remove the impact of President Joe Biden's student debt...
SCENARIO 1 - This is my bias for the dollar index (DXY) which gives us extra confluence for my two GBPUSD & EURUSD temporary longs that I have recently posted. As they have a negative correlation between them it gives our trade ideas more confirmation. Im currently expecting price to react as it's in a 8hr supply zone and distribute to eventually sell off towards...
As it is clear from the chart, DXY has broken the equal lows and now continues moving toward lower lows and FVGs in the green area.
As you can see in chart DXY filled the gap and GBPUSDT at daily demand there is big chance DXY should and also created SMT which you can find below.
hi dear trader dxy can be changed after the gap is filled and there are QM on 4h time frame ... i expect price correction in this week QM pattern is the most advanced form of price action, and professional traders use it to forecast the market. You will get many QM pattern stop loss need for any position good loock
Hello dear traders I think we are nearing the end of the rising wave... Is it time for correction? There are 2 scenarios to start price correction with tecnical and fibou extention and there are many reasons for fundamental : In a recent tweet, Kiyosaki sounded the alarm bells, pointing to a conversation he had during a podcast with journalist Dr. Nomi Prins, who...
Economists said the Fed had completed its monetary tightening cycle, reducing the chances of the U.S. going into recession. In the Wall Street Journal's latest quarterly survey, economists and business leaders lowered the odds of the U.S. going into recession next year from an average of 54% in July to a more optimistic 48%. This is the first time since the middle...
Hello to all friends According to the analysis I did, with the ICT and SMc style, I have a probability that dxy will reach the daily block area at 50%. Good luck and profitable
Gold prices fell on Monday, but reversed after rising safe-haven demand led to a series of strong gains in the yellow metal as attention remained focused on the potential impact of the crisis. War between Israel and Hamas. The yellow metal saw some profit-taking after rising more than 5% last week as the outbreak of the Israel-Hamas war sent investors to safe...
This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.
At least 30 US citizens died in the Israeli-Palestinian conflict According to CNN, on October 15 local time, a US State Department official said at least 30 US citizens were killed in the conflict between Palestinians and Israel. The official said the United States is "cooperating with the Israeli government on all aspects of the hostage crisis, including sharing...
DXY Index is running near the Uptrend line and 🟡 Price Reversal Zone(PRZ) 🟡. According to the theory of Elliott waves , the DXY index has succeeded in completing its 5 ascending waves near the 🟡 Price Reversal Zone(PRZ) 🟡. 💡Also, we can see Regular Divergence(RD-) between two consecutive peaks. 🔔I expect the DXY Index to trend lower in the coming hours...
The Fed has raised interest rates 11 times since March 2022, but inflation remains well above target and U.S. central bank officials are taking more aggressive action than in the past. This is thought to be due to a lack of monetary policy adjustment. When Federal Reserve officials say their long-term inflation target is 2%, they are referring to the percentage...