Hello everyone, if you like the idea, do not forget to support with a like and follow. DXY rejected the blue demand area, 89.5-90.0 and we can clearly see that the buyers are finally gaining strength. DXY was overall bearish making lower lows and lower highs (in orange), found rejection around the blue demand, and then the buyers broke above the previous...
Able to bounce off the 90.80 area...retesting the R now...see how H4 pans out.. If you like my analysis and it helped you ,do give me a thumbs ups on tradingview! 🙏 And if you would like to show further support for me, you can gift me some coins on tradingview! 😁 Thank you! Disclaimers: The analysis shared through this channel are purely for educational and...
Oil has been beating on me a little these days. I see another setup worth my 1% risk. I have highlighted the area of resistance, double top potentially forming? I can tuck my stop above that $65 level, and get a 2:1 in before that 200EMA. I am short this level. 2:1 RR 1% Risked
The USD index is showing weakness as price has been able to break through prior demand. It looks like bearish momentum is growing as the rate of change indicator is increasing during the current price decline. The average rate of change has been increasing to the downside. The ADX indicator is increasing, giving weight to the current decline's strength. Looks...
DXY is overall bullish trading inside the red channel so we will be looking for Trend-Following Buy setups as (if) it approaches our lower red trendline. Knowing that DXY can still trade higher from here, to reach 94.0. Here are the two strong zones where I will be looking for high probability setups: I call them War Zones , (highlighted in Purple circles) ...
Looks like USD has room for the continuation of strength. This index is very similar to the DXY and I could have chosen to use the DXY but I like to be different :P This index is constructed to reflect the same kind of information: USD strength or weakness. I will be looking to pair the USD with weaker currencies for the strongest trends focused on high quality entries.
If there was any uncertainty about the capability of yields in terms of an overarching force, the abrupt turnaround in direction for the Greenback and broad risk sentiment should remove all uncertainty. However, the catalyst for the latest reversion to bear-steepening in US Treasuries and other global bonds is less clear-cut, as the 30 year auction was not a flop...
Hello Trading Family, I found US500 chart interesting. We can see that US500 is currently trading inside these two brown trendlines forming a rising broadening wedge. Here are the two strong zones where I will be looking for high probability setups: I call them War Zones, (highlighted in Orange circles) Zone 1: Lower Orange Circle This highlighted orange...
DXY is currently sitting around a strong support area. WHAT NEXT? DXY is overall bullish trading inside the orange channel so we will be looking for Trend-Following Buy setups as it approaches our lower orange trendlines. Moreover, the green area is a "Resistance turned into Support" which adds confluence to our bullish speculation. So as mentioned, we...
Super choppy few days. The Dollar is firmer across the board in the run up to the FOMC amidst little expectation of really anything major in terms of policy moves or fresh guidance beyond the inevitable updated assessment of the economic situation and outlook since the prior meeting, plus anything Fed chair Powell reveals in the press conference via text or...
Hello everyone, if you like the idea, do not forget to support with a like and follow. on WEEKLY: DXY is approaching strong support in green (88.0 - 89.0) so we will be looking for buy setups on lower timeframes. on H4: DXY is trading inside this red channel so we are overall bearish now, and a movement till the lower green support would be expected. Then we...
Hello everyone, if you like the idea, do not forget to support with a like and follow. Here is the top-down analysis for DAX, feel free to request any pair/instrument or ask any questions in the comment section below. Best of luck!
Hello everyone, if you like the idea, do not forget to support with a like and follow. Here is the top-down analysis for EURUSD, feel free to request any pair/instrument or ask any questions in the comment section below. Best of luck!
Hello everyone, if you like the idea, do not forget to support with a like and follow. Here is the top-down analysis for AMAZON, feel free to request any pair/instrument or ask any questions in the comment section below. Best of luck!
As we can see , USD Index is about to grow. consider the entry points. I will send you all possible opportunities to enter all major currencies related to USD
Hello everyone, if you like the idea, do not forget to support with a like and follow. Here is the top-down analysis for USDHUF, feel free to request any pair/instrument or ask any questions in the comment section below. Best of luck!
Hello everyone, if you like the materials in this video, do not forget to support with a like and follow. and feel free to post ideas/suggestions for the next educational videos in the comment section. See you in the next one. ~ Rich