Here is my latest structure analysis for Dollar Index. Resistance 1: 101.00 - 101.2 area Resistance 2: 101.90 - 102.05 area Resistance 3: 102.73 - 102.95 area Resistance 4: 103.34 - 103.57 area Support 1: 99.40 - 99.75 area Consider these structures for pullback/breakout trading. ❤️Please, support my work with like, thank you!❤️
Update for Dollar Index. As you know, at the beginning of the week, I shared a very bullish forecast for the Greenback. After a strong bearish wave, the market started to consolidate within a horizontal range. The resistance of the range was finally broken and we see a position bullish reaction to that after its retest. I expect growth now. Goal - 100.73 ...
After the CPI report this week, Dollar Index dropped rapidly. Ahead, I see a confluence zone based on a completion point of a harmonic abcd pattern and a horizontal historical key level. From the underlined blue area, I will expect a bullish movement at least to 100.58 level. ❤️Please, support my work with like, thank you!❤️
NASDAQ Index broke and closed above a neckline of a cup and handle pattern on a daily, following the yesterday's CPI report. Taking into consideration, that the index is trading in a strong bullish trend, that violation will most likely trigger a strong bullish wave. I will expect growth to 15600. For entries, consider an occasional retest of a broken...
Today's CPI report is very negative for the Greenback. Gold, major forex pairs and indexes started to grow rapidly. US100 index formed a cup & handle pattern on a daily time frame. The market is currently testing its neckline. If a daily candle closes above that, probabilities will be high, that the growth will continue. Next goal will be 15600 ❤️Please,...
Multiple time frame analysis for Dollar Index. Trading plan for Inflation Data explained. Potential scenarios & recommendations. ❤️Please, support my work with like, thank you!❤️
Dollar Index looks oversold after NFP. I think that the market may start a correction on Monday. I will expect a pullback to 102.8. Please, support my work with like!
Multiple time frame analysis on Dollar Index. Price action & key levels. Potential scenarios & thoughts. ❤️Please, support this video with like and comment!❤️
Price action analysis for DXY. Key levels & directional bias. Bullish outlook explained. ❤️Please, support this video with like and comment!❤️
Here are the updates & outlook for multiple instruments in my watchlist. 1️⃣ Dollar Index (DXY) daily time frame 💲 The Index broke and closed above a resistance line of a falling expanding wedge pattern. It was retested on Friday. Probabilities are high, that a bullish movement will initiate from a broken trend line soon. 2️⃣USDCHF daily time frame...
Dollar Index broke and closed above a resistance line of an expanding wedge pattern this week. I believe that probabilities will be high, that we will see a bullish movement from that next week. After a retest of a broken trend line, a bullish continuation will be expected to 103.6 ❤️Please, support my work with like, thank you!❤️
On the today's live stream, we discussed US100 Index. The market started a correctional movement after it set a new higher high, respecting 15280 level. The price was trading with a bullish flag pattern. The resistance of the flag was broken yesterday. It will most likely trigger a bullish continuation. Next goal - 15200 For entries, consider a broken...
Daily / 4h / 1h time frames analysis for Dollar Index. Price action & key levels. Bullish scenario explained. ❤️Please, support my work with like, thank you!❤️
Exciting news for stock market enthusiasts! A compelling bullish setup has emerged on Nasdaq's chart, signaling a potential trend continuation. The price action has formed a robust support zone around the 14800 area, with multiple bounces indicating a significant accumulation of bullish orders. It's clear that the bulls are standing strong, ready to defend this...
Dollar Index will remain bullish next week. I see a new higher high higher close on an hourly time frame and a consequent retracement. After the completion of a local correctional movement, the Index will grow! Target level - 103.152 Please, support my work with like!
Dollar Index broke and closed above a horizontal resistance. It is the important sign of strength of the buyers. I believe that the market may go higher next week. Next goal will be a falling trend line. ❤️Please, support my work with like, thank you!❤️
Dow Jones Index is testing a peculiar zone of confluence on a daily: we see a perfect intersection between a horizontal support and 382 retracement of the last bullish impulse. Analyzing 4H time frame, I see a falling wedge pattern. To catch a pullback with a confirmation, I suggest looking for a bullish breakout of the resistance of the wedge. 4H candle...
The S&P 500 index ( SP:SPX ) currently faces a pivotal juncture as it encounters a resistance trendline near the $4400 level. This price region assumes significant importance and necessitates close monitoring to assess potential market dynamics. Should SPX successfully breach and sustain a close above the $4400 resistance this week, it could portend the initiation...