Accumulation before the level, free zone after the level
Dear Friends, I hope this message finds you well and that you're having a great start to the week. I wish you success in your business endeavors. As someone interested in the Elliott Wave principle, I find it a valuable tool for analyzing the market. I have developed my approach by combining this principle with my personal experience and by considering various...
We may be entering a strong period for the U.S. Dollar. Price charts favor the USD with the Eurocurrency, Canadian Dollars, British Pounds, Aussie $, SIngapore $ and others.
I'm overall bullish on dollar index. A small manipulation to the downside and then sudden pump up. Educational purposes only. trading consists of huge losses so trade with stop loss.
Harmonics is a short-term sell with no longer-term confirmation on harmonics. We have an almost 500% daily volume / average volume bearish inflow for yesterday. This will impact dollar in a longer-term as well. SSTIS is a confirmed sell with a clear fake bear indication. 2D MV chart is a short-term sell with no logner-term confirmation yet. MVMF-H signals a slow...
Dollar is a confirmed sell for now on SSTIS. SBV flow shows no weakening on the bullish internals. UDM signals a bear since 25-JAN. 2D MV chart is a short-term sell with a longer-term buy signal.
This looks to be bearish structure. Wanted to check against the community to ask for other opinions. Trend lines are valid. Little more pump before the DXY drops off into the Low 80s? Rsi indicated another pump to the top of the wedge, but I could see it falling through after that. Comment! Not financial Advice. I am a hobbyist.
DXY looks bullish taking in consideration the commitment of traders and also the seasonal tendencies For mor in deppth analysis i am expecting two major equal higs to be taken out and then we can discuss for dxy moving down. The cut rates at the end of the month January doenst at all influence my analysis since the cut rates are already priced in and at the last...
The dollar index was weak in the run-up to the European Central Bank's interest rate decision. A massive fair value gap is blocking any further upward movement. In view of the bearish chart situation ahead of the interest rate decision, we expect the DXY to lose further value and reach the 102.00 area.
We have remained bullish the US dollar the past few weeks, and continue to suspect there are plenty of shorts to be covered as markets finally concede that fewer Fed cuts are coming this year and already priced in. The dollar has posted a strong rally YTD, and after a brief consolidation momentum is trying to turn higher with a bullish outside candle. It's not...
DX will be in an uptrend, entry point is 104,000, stop loss is 103,000, and take profit is 106,000.
if #dxy go up , i think we will se dump in crypto market ..... and stocks market too
Yes, I did call for bearishness in the Weekly Outlook. And yes, the USD has moved bullishly since Tuesday. However, I did state that price would move up into the fair value gap, and from there, the bears would take over. Remember, I described an External to an Internal RUn on LQ. Price has moved from Discount to Premium prices. Currently, price is positioned...
Remember, daily patterns are not as reliable as weekly patterns. But this H&S bottom is supported by COT data and could represent the start of a strong trend for the USD in the months ahead.
End of correction DXY... what do u think about dollar index?
May profits be upon you. DXY is now consolidating in between a bullish FVG and an bearish FVG. But it has been bearish, with downward momentum. I suspect it will continue this way, as price has found INTERNAL LQ in the bearish FVG, and is now seeking the EXTERNAL LQ at the lows. I believe the low at 100.320 is the DOL (Draw On Liquidity). Leave a comment, as I...
With CPI Data coming Thursday, price may consolidated within the range of Friday's candle and the FVG, before coming down. IRL > ERL I am looking for price to go from an interior raid on LQ to an external raid on LQ. I'm also looking for bearish PD Arrays to be respected... like the -FVG price is currently in. But who knows what the news will bring.
DXY Long. Dxy is action to the resistance so maybe we retrace before starting the long trend line.