Overview: The DXY Dollar Index is currently undergoing intricate price action dynamics, characterized by fluctuations within key levels. Understanding these levels and potential scenarios is crucial for navigating the market effectively. Key Levels: 1. Support Levels: - Notable support lies at , representing a significant area where buying pressure has...
The dollar index has experienced a rebound, surpassing the 103.00 threshold. When examining currency pairs such as GBPUSD, AUDUSD, and EURUSD, it becomes evident that there is further potential for movement within the frameworks we are monitoring. This suggests the likelihood of DXY breaching the 103.000 support level, setting the stage for extended targets in the...
Usd broke up higher into the green zone as shown on chart. Could face some strong R here. Just watch and act accordingly. Cheers! **Find out more from my Tradingview Stream this week** *************************************************************************************** Hello there! If you like my analysis and it helped you ,do give me a thumbs ups on...
DXY D1 Amended the order details on the long measure a little bit here for the dollar index, we are now looking to get off the ground following the retest. That being said, this fell on the basis of softer figures yesterday, we have a cluster of data to follow today to be cautious of. News events and risk events move markets on swing timeframes when it's with...
I took DXY out on a date to see how she was doing because lately she's been too hype and hasn't let up — well actually that's all she's been doing is going up. smh I just want her to relax, calm down (literally), and let me do the going up (in my bank account). LOLOLOLOLOL
Fundamental Backdrop 1. Fed Chair Powell spoke last night 2. He opened the door to higher and possibly faster rate increases 3. This will strengthen the DXY Technical Confluences 1. Price has broke above the 105 level 2. Next resistance at 107 round number Idea With Fed Chair Powell's comments being hawkish, expect the DXY to continue heading towards the...
Looking at the H4 chart, my overall bias for RUT is bearish due to the current price being below the Ichimoku cloud, indicating a bearish market. Looking for a buy entry at 1893.8737, where the 38.2% Fibonacci line is. Stop loss will be at 1722.0208, where the previous swing low is. Take profit will be at 2134.4378, where the overlap resistance is. Please be...
Looking at the H4 chart, my overall bias for HSI is bullish due to the current price being above the Ichimoku cloud , indicating a bullish market. Looking for a pullback buy entry at 19926.48, where the overlap support and 78.6% Fibonacci line is. Stop loss will be at 18660.47, where the overlap resistance and 23.7% Fibonacci line is. Take profit will be at...
Looking at the H4 chart, my overall bias for SPX is bullish due to the current price being above the Ichimoku cloud , indicating a bullish market. Looking for a pullback buy stop entry at 4195.44, where the recent high is to ride the bullish momentum Stop loss will be at 4100.51, where the overlap support and 23.6% Fibonacci line is. Take profit will be at...
As highlighted on my last update, we are expecting a mid term correction on the Dollar Index, despite our main bias being bearish. The DXY is now up 300 PIPS so far & still expected to climb higher towards $107-$109. This move is a correction & corrections take time to play out. So exercise patience while this move pans out.
Looking at the H4 chart, my overall bias for SPX is bullish due to the current price being above the Ichimoku cloud , indicating a bullish market. Looking for a pullback buy entry at 4087.14, where the 23.6% Fibonacci line is. Stop loss will be at 4015.39, where the previous overlap support is. Take profit will be at 4325.28, where the previous swing high...
Looking at the H4 chart, my overall bias for SPX is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. Looking for a buy entry at 4002.25, where the overlap support is. Stop loss will be at 3949.06, where the 61.8% Fibonacci line is. Take profit will be at 4107.31, where the overlap resistance and 78.6% Fibonacci line...
Looking at the H4 chart, my overall bias for SPX is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. Looking for a possible buy entry at 3888.39, where the overlap support and 50% Fibonacci line is. Take profit will be at 4107.31, where the overlap resistance and 78.6% Fibonacci line is. Stop loss will be at 3764.49,...
Looking at the H4 chart, my overall bias for DJI is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. Looking for a pullback buy entry at 33418.59, where the 50% Fibonacci line is. Stop loss will be at 32573.43, where the recent low is. Take profit will be at 34712.28, where the previous swing high is. Please be...
Looking at the H4 chart, my overall bias for SPX is bullish due to the current price being above the Ichimoku cloud , indicating a bullish market. Looking for a buy entry at 3950.57, where the 23.6% Fibonacci line is. Stop loss will be at 3764.49, where the recent swing low is. Take profit will be at 4325.28, where the previous swing high is. Any opinions, news,...
Looking at the H4 chart, my overall bias for SPX is bullish due to the current price being above the Ichimoku cloud , indicating a bullish market. Looking for a buy stop entry at 3997.76, to ride the bullish momentum. Stop loss will be at 3764.49, where the recent swing low is. Take profit will be at 4325.28, where the previous swing high and 161.8% Fibonacci...
Looking at the H4 chart, my overall bias for HSI is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. Looking for a pullback buy entry at 19926.48, where the 61.8% Fibonacci line is. Stop loss will be at 18814.83, where the 23.6% Fibonacci line is. Take profit will be at 22523.64, where the previous swing high and...
Looking at the H4 chart, my overall bias for SPX is bullish due to the current price attempting to cross above the Ichimoku cloud, indicating a bullish market. Looking for a buy stop entry at 3950.57, slightly below where the 61.8% Fibonacci line is. Stop loss will be at 3764.49, where the recent swing low is. Take profit will be 4100.51, where the previous swing...