Hey tradomaniacs, The forex-market has been really choppy yesterday due to chaotic equityflow in the stockmarket as Hedge-Fonds are re-positioning. After the big players were forced to generate margin by closing their red positions volume and open interest decreased drastically for stocks like Gamestop showing that there is no fuel for price to move up...
DXY is forming a pattern that we last saw in june, that was followed by a drop. we might see another move downwards before market goes into extended consolidation period.
Dump dollar. Get rid of dollars. DXY going to 88>85>82>below 80. Invest your Dollars.
This is just a trend analysis! Please, give a LIKE if you find this idea useful!* For free signals, please follow us. *This information is not a Financial Advice.
This is just a trend analysis! Please, give a LIKE if you find this idea useful!* For free signals, please follow us. *This information is not a Financial Advice.
A lot of traders were caught off-guard by the recent USD volatility and we are likely to have a lot more over the next couple of weeks. The USD is currently sitting in the middle of a 4 Hour channel and has tons of room to run Long and Short. However, this recent move seems to be holding below the 50 level suggesting weakness, but we are in an ascending channel so...
I think the daily dxy chart is going to sell of as its in a clear distribution, so the only trades i am looking to trade next week as i only trade the trend, is /USD pairs long, metal longs and crpyto long positions. It does not fit my plan to try do the opposite when the daily chart is showing me a clear trend. What i have to watch out for with my battle plan is...
Based on my Elliot wave count, I started shorting the dollar since 94.70 price region. because it is evident that a new impulse wave as resumed towards the downside. I am expecting more downpour ahead to a minimum of 92.00. If you find this analysis useful kindly like and share. Thank you
The dollar is possibly in an ending diagonal which do signify the end of an impulse. We await further price confirmation to pick our buy.
USD - Dollar is experiencing a lot of resistance in the zone as marked, so could drop from here. However, if it breaks this area, the next short price would be the QP 98.000. A lot of news for the dollar throughout next week so could be fairly unpredictable. There is also a bank holiday on Friday 3rd July. Overall, I am expecting the dollar to rise this week,...
Expecting a movement in reaction to the key levels identified on the above chart analysis. Forex is a highly leveraged product. Trading Forex carries a high level of risk due to the used leverage which can work both to an advantage as well as disadvantage. As a result, trading Forex may not be suitable for all investors due to potential loses of an invested...
15min Chart - Después de un rompimiento de estructura bajista, puede dar comienzo a un nuevo movimiento a la alza, - También el otro dato que tengo es que en DAILY llego a un excelente punto de pivote el cual puede rebotar dando un fuerte movimiento a la alza. ............................................................................................ Este es un...
this is usdcad as i see sell continuation from. see my old analysis which i will tag below .....so we see wedge pattern forms tellin us a sell continuation *Disclaimer* the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. Traders!! if...
long usdcad near 1.3045/30 sl below 1.3010 for trgt 1.3260
USDJPY recently formed a strong up channel and looks to continue to move in that direction based on market structure. The support at 108.65 is expected to hold and we would like to see a pop into the next resistance points. There is a level at which we can expect price to move into at 109.200 then up to 109.330 these two levels are based on the Fib retracements,...
Quick Update on the DXY, we're seeing this downtrending trendline, price has been respecting. I'm looking for a loss of strength in the USD over this week based on technicals. HOWEVER, we have a lot of high impact news regarding the US Dollar this week therefore I would trade with caution. Be strict with risk management on USD pairs. If the dollar does in fact...