The U.S. dollar index has a downward trend in the short term If you don't know how to trade more foreign exchange, follow me
After market fluctuations, gold has now reached the 2016 line, and is currently under the pressure of the 2020 line above, and the short-term cycle is dominated by high altitudes. The short-term support below is at the 2003-2008 line
Hi fellas. There is a reversal pattern in DXY and it seen to goes high again. Have a good trade.
DXY is in the support zone that used to be a resistance level from January 2017 and March 2020. a resistance level for 3 years. If the 100 -102 support doesn't get broken we are now looking at our new support and the U.S Dollar index can give us another bullish scenario. The new resistance would be September 2022 High 114-115.
USD/CHF - H4 Chart - Formation of Descending Triangle pattern with Breakout Rules for Buy Entry : 1. Now Price Breaks and Retesting the Triangle. 2. Must need Strong Reversal with High Volume Candle. 3. and then only, we entry for Buy. Always wait for strong Conformation in Short term for entry. 👈👈👈 Important to Watch this Week : 1. JOLTs Job...
On Monday, the euro rose 0.5% against the dollar to1.1045, hitting a 10-day high o1.1050.Since hitting a 14-month high of1.10755 earlier this month, the euro has returned to above1.10 for the first time.It can be observed that it is difficult for the dollar to consolidate last week's gains in the near future, because the upcoming data may show a slowdown in US...
... picking up pace. - A lot, lately! TLTR The war in the Ukraine was essentially over the day it began. Now, with western interests notably starting to fade, it will start to make it's way to the back pages of daily reportage. Why was this even an issue of US interests, to begin with? ... Washington had this far fetched dream - although, not entirely without...
i have been following dxy for about a week and been tracking to the t to help with getting in and out of dxy pairs when this move is ready to go up ill be looking to sell gold and a few other usd pairs like eu
The PetroYUAN is competing with the petroDOLLAR now and is causing concerns amongst the US economy. As BRICS gather forces and continues growing as oil rich countries are also joining forces with BRICS to fight against the petroDOLLAR. Other economic factors why the DYX is looking weak are: -Inflation: High inflation can erode the value of a currency, as it...
Good Day traders. So as the week passes by with a nice bull move of 7.20% for the week, i am still looking at a long Bullish move to our zone 2 or past it to the high of our fib. We might still see a retracement back to my zone 1 where we see a clear previous support and resistance level. If this support is rejected i will be looking for buys if it has a ...
Hello ladies and gentleman,according my analysis to U.S.DOLLAR futures .there is agreat probability long to 121 usd. _US DOLLAR Index is bullich in the coming days.
looking bullish trend in 4h timeframe bec price follow bullish flag pattern
In my opinion, the U.S. dollar is likely to get very bullish. I have already shared my thoughts on that. I believe USDJPY is likely to take out last year's high and continue to 155, and then much more. This trade idea is not financial advice. I am not a financial advisor of any kind. I am a stupid degenerate gambler. Please do your own analysis, responsibly...
Long term USD/EUR idea. Cycles are up for the dollar until June, but are down again after that until end of the year. It will be volitility and that will creat opportunity. I play FXE often when trading the EURO, and i trade inversely correlated instruments to the dollar to trade aginst it. Example Dollar goes up, gold goes down or Gold goes up dollar goes down....
I am attempting to call a bottom here on the DXY, time will tell but we have some pretty good reasons to believe that the action will start soon. UVXY is moving up , stocks are getting hammered and thus I think this bull flag formation could play out well. Momentum and rsi moving up potentially and smart money could be buying as well. Target is the extension of...
DXY (USDOLLAR) has definitely broken out bullishly, its just the question how bullish is it? I think I have found where the bulls want to go. The cancel emoji is the target. This completes the pattern that can be seen with the other cancel emoji and the hand down emoji being in the middle. This is all along the thick white diagonal line which wants to be hit by...
Red dashed line showing a resistance that has recently turned into a support with a strong move upwards Strong green line showing a strong uptrend These come together nicely forming a triangle I expect this to lead to further bullish continuation along the green line as price progresses, as suggested by the green bars pattern
Hello dear traders, I hope you had a nice rest and weekend, currently in a few hours we are starting a new trading week, so let's take a look! BItcoin has been setting the trend for us in the last few months, especially during the Asian session when there were always the highest trading volumes which of course then set the trend. Since last weekends significant...