4h time frame price tapped demand zone. suspect bullish for 105.60. if price retest 104.00 then ideal long setup on usd dollar. stop loss below 103.70, target: 105.60
The dollar index #DX1! respected its previous downtrend and the News about CPI (Consumer Prices) today helped with this movement to the downside. Will the Dollar continue its Downtrend or will change its Direction to the Upside? CPI m/m Actual: 0.3% Forecast: 0.4% Previous: 0.4% Empire State Manufacturing Index Actual: -15.6 Forecast: -9.9 Previous:...
Well that's the idea.. All up to papa Powell. All the supply and demand area is confirmed with Fib levels. Im just not showing where those fib levels are..
as for this week Jerome Powell & his team have maintained the interest rates at 5.50% signaling a bit of hawkishness, but i do belive there is room for a push further up to 109ish the a major plunge is gonna develop after that.....cheers
K1 and K2 is a strong bearish dark cloud cover pattern, If the following candles couldn’t close below K2 to verify the strong momentum. It will be a good place to buy here. If the following candles close upon the resistance, It is a second good place to buy in. K2 is also a potential right top of a large scale bearish double top pattern. If K3 rebound under...
- One of the most important barometers for global currencies and markets in the world. - Most of the time DXY is a well used machine to supress markets (forex, stocks, cryptos, etc..) - When they don't start the printing machine, DXY keeps is strength. - When they start to print DXY starts to dip and markets boom up. - it's really basic and based on "BRRR...
We have a big consolidation wich have a power to impulse the price up 112 points.
Long term/Semi-marco:All major time frames are indicating that the dollar is very strong and trading against it will definitely be unwise especially when there's fundamental backings. any currency trading against the dollar is in trouble. PAIR TREND 12MONTHS=====> BULLISH 6MONTHS...
Dollar is a confirmed buy on harmonics. SSTIS is a confirmed buy with a bull surge signal. 2D MV chart is a confirmed buy. 2D MV fakeout chart signals a confirmed buy.
Dollar is a confirmed buy on harmonics. SSTIS is a short-term sell with a longer-term buy signal on harmonics. 2D MV chart is a confirmed buy. 2D MV faekout chart is a fake bull.
Dollar is a confirmed buy on harmonics. SSTIS is a confirmed buy and a non-fake bull but we can see a signal of weakening bull. 2D MV chart is a confirmed buy and SBV started to show a zero selling volume on SBV and a slight buying volume. MVMF-H signals a slight bear which is in elminiation. A pop-up on dollar is expected. 2D MV fakeout chart signals a fake bull....
Dollar vs 10yr vs Polish Zloty. Does this indicate a change in frothiness?
A potential swing trade short has presented itself on the daily chart. DXY failed to closed above 103 and formed an inverted hammer on the daily chart, and its upper wick met resistance at the 38.2% Fibonacci level. Daily trading volumes also declined whilst prices rose gradually, against the prior (and more aggressive) leg lower. This suggest the -day rise is...
Directional Bias: Bearish Narrative - The initial forecast i did for DXY played out well last week() with volatility coming into the market to push prices lower. I am still bearish on the dollar - We traded below previous months low, and this is where i would like to pause to get new context to go lower from the weekly timeframe, after the creating an expansion...
Dollar is a confirmed sell on harmonics. The first bull node will arrive in 3-5 trading days. SSTIS is a confirmed sell with a bear surge sigal. 2D MV chart is a confirmed sell.
Dollar Dollar is a must to be analyzed for our market mix to check the correlation between our traded assets vs. dollar. Harmonics is a short-term sell with a longer-term buy and almost a confirmed buy. Once an asset is a confirmed buy on harmonics it's way downward is straight. We can count with some oscillation here for a few days at least. SSTIS is a...
Dollar is a confirmed buy on harmonics. SSTIS is a short-term buy with a longer-term sell sigal and a fake bear. 2D MV chart is a confirmed sell for now, MVMF-H signals a bear. One more pop-up is in the cards but then dollar should start its move downwards.