Price is in a large ascending channel suggesting there might be bullish momentum pushing prices up. Our pivot is at 0.8822 which is a pullback support level - if price were to bounce from this level, we could see it rise towards the 1st resistance at 0.8877 which is a recent major swing high resistance. If price were to break the pivot, we could see it drop...
hello traders.as you see in 4hr we can see the change of direction and this demand area.now after pullback to this zone, in smaller time we wait for confirmation to open our long position. R:R 3.42 “”your follows and boosts encourage me to publish more analysis””
Price Action - Smart Money Concepts - Institutional Trading.. My Trading Analysis 4H: Price has not created new high, possible retracement to see IF price will continue uptrend at previous Higher Low or Break Structure. 1H: Price FAILED to create new high as well. We see a BOS on the line chart... indicating a possible reversal / retracement. 15M: (Entry...
2023.7.14 USD has fallen below the 100 integer mark Hello, I'm Older Duan. Today is Friday, July 14th 2023. Now it's 17pm Beijing time. Let me give you a quick comment on the technical forms of the current international mainstream varieties! First, what we see is the daily graph of the dollar index. As shown in the figure, the U.S. Dollar Index has fallen...
☑️Broke the structure on the 4 hour timeframe ☑️Broke the structure on the 1 hour timeframe ☑️Lots of liquidity at the bottom If we break the red level on the 4H timeframe, the analysis becomes invalid🙅♂️
The US dollar's position as the primary global reserve currency is being challenged as countries become eager to insulate themselves from Washington’s influence. For decades, the dollar has dominated the global monetary system. Currently, about 60 percent of foreign exchange reserves held by central banks are in US dollars, and nearly 90 percent of all currency...
The price had double bottom and I think it can touch top red line, it can be number 4 or can break up the line. It can affect most of charts.
We have run across a situation on DXY where we must have one of the two confirmations to side either with bulls or bears. There are two possibilities at the moment: 1- The Bull Flag confirms breaking out of this 112.xx zone we shall have a full on signal to go long to the targets as described in the chart 2- If we break lower than 108.8x zone, we shall then have...
DXY has been making beautiful moves on the chart as you see, so after observing these moves i concluded that it is gaining, and really from here on out we can buy the currency maybe till Friday, on Monday, but only provided we get a clear confirmation of the buy Conditions: if we hold prices above the current support(previously a resistance), and the go up a bit...
Hey tradomaniacs, we currently see weird correlations as YIELDS are going up (especially shorter-term-yields which are likely to move up faster when facing a recession) while the US-Dollar falls. As you might know, this makes less sense and we should soon see who one of those is lying. The mixed NFP-Result which was actually bearish for stocks (not in detail...
Hey tradomaniacs, so far EURO has been very strong since the market has recieved dovish tones from the FED as they are concerend about the current slowdown in the economy. Thoughts explained in the chart. Both scenarios can happen tomorrow!
Pivot: 1.0080 Our Preference: Short Positions below 1.0080 with target at 0.9930 and 0.9790 in extension. Alternate Scenario: Above 1.0080 look for upside with 1.0150 as targets Comment: As long as the resistance zone at 1.0080 is not broken , the risk of the break below 0.9930 remains high. You Can send me a private message if you want
🔰You can see the analysis of the New Zealand dollar to US dollar currency pair in a 15-minute time frame (NZDUSD_ 15min) 🔍🧨 💥If the price breaks the Down trend line🖤, if the price returns to the DEMAND zone, it can rise to the SUPPLY zone🚀🔺 Do you think this analysis can be profitable❓ I hope the analysis was useful for you🤍🌹 _______📈TRADER STREET📉______
🔰You can see the analysis of the Euro-US dollar currency pair in the 30-minute time frame(EURUSD_ 30min) 🔍🧨 💥The price has fallen from the specified SUPPLY zone and is currently in the support zone caused by the DEMAND zone and is moving in a Bearish parallel channel🖤 If the price can reach the overlap area and the intersection area of the DEMAND zone and the...
🔰You can see the analysis of the British pound to the US dollar currency pair in a 15-minute time frame (GBPUSD_ 15min)💣🔍 💥Considering the breakout of the Up trend line🖤, in case of a pullback❗ of the price to the trend line and the SUPPLY zone, the price can experience a fall to the DEMAND zone🔻🔻 Do you think this analysis can be profitable❓ I hope the...
🔰You can see the analysis of the EUR to US dollar pairs in the 15-minute time frame (EURUSD_ 15min)🧐💣 💥Due to the presence of the price in the SUPPLY zone, if the price can break the uptrend line🖤 downwards and stabilize❗ below it, then it can experience a fall to the DEMAND zone🔻🔻 Do you think this analysis can be profitable❓ I hope the analysis was useful for...
🔰You can see the analysis of the Australian dollar to the US dollar currency pair in the one-hour time frame (AUDUSD_ 1H)💣🔍 💥Due to the fact that the price was able to break the Down trend line🖤 and then pullback💜 to it, the price can have upward🔺 Resistance🧡 SUPPLY and DEMAND zones are indicated in the picture👌 Do you think this analysis can be profitable❓ I...
🔰You can see the analysis of the euro to the US dollar in the daily time frame (EURUSD_ 1D) 🔍🧨 💥As it is clear from the picture, the price is moving in a Bearish parallel channel🖤🧐 Due to the presence of the price in the dynamic support area (the lower line of the Bearish parallel channel🖤), there is a possibility that the price will rise to the specified...