Top-down analysis for Dollar Index. Daily/4h outlook. Price action. Key levels. Scenarios & thoughts. ❤️Please, support this video with like and comment!❤️
This right here is fresh new US Dollar analysis. It will form the basis for future ideas. I have taken my bull and bear views of late and dissected them in order to find inaccuracies in the analysis. To make assumptions based on incorrect long-term analysis is like shooting yourself in the foot. The thing is that I have gotten used to doing this and going back...
Thanks to the Aussie Dollar analysis we can now assume that the US Dollar has not topped out yet. There is one thing I forgot to mention in this video which may or may not be of interest. If Wave 1 is the shortest or rather small, then Waves 3 and 5 tend to be similar in length. That could be troublesome for the markets. Let's see how this unfolds. Remember ...
Trying to draw comparisons between the US Dollar and the Aussie Dollar isn't easy right now. Aussie Dollar could be in the beginning of an unconfirmed third Wave and the US Dollar could be setting up for one. Now that we have narrowed down the view to that, there is also the strength factor. Aussie dollar is still above its last low whilst the US Dollar has...
US Dollar index at a huge level of resistance so may give a push down to back the other currencies I'm looking at trading, USD index to push down would give EURUSD a nice upside move! Also a weaker US dollar will back my short bias on USDCAD. Anyone that doesn't use these index's as a reference I think should, it gives a good indication of how that currency is preforming.
USDCAD has for the long term been on a bearish decline, however price has struggled more recently to break below an area of support, rejecting this area on two prior occasions. Based on the close of Fridays candle we can see that price seems to be rejecting this area for the third time. Having broke back above an intraday level of resistance on the 1 hour, I would...
Trade update for a short sell recommendation on the DXY (U.S Dollar Index) The Dollar is structurally weaker across the markets based on the following fundamentals. 1.) Lower interest rates in the U.S no longer makes the U.S Dollar an attractive high yielding currency. 2.) Negative $1trillion current account balance. 3.) $2 Trillion Fiscal stimulus package in...
In this special idea I will breakdown everything the US Dollar has done and what it is about to do. Do you need proof? I have proof. If you don't have proof you're guessing. Don't guess when it comes to the markets, know exactly what is happening or get out. I have linked the previous few ideas below that are related to the US Dollar. Please LIKE and ...
In this video I go through the key differences between the recent price action in the US Dollar and how it compares to the EURO. Below I have linked the EURO idea so you can compare and see the differences. Everything is easier in hind sight but the AriasWave methodology allows you to still profit from these moves. Please LIKE and FOLLOW to get...