In this update we review the recent price action in the Dollar index and identify the next high probability trading opportunity and price objectives to target PAST PERFORMANCE NOT INDICATIVE OF FUTURE RESULTS
In this update we review the recent price action in the Dollar Index and identify the next high probability trading opportunity and price objectives to target PAST PERFORMANCE NOT INDICATIVE OF FUTURE RESULTS
In this update we review the recent price action in the Dollar Index and identify the next high probability trading opportunity and price objectives to target PAST PERFORMANCE NOT INDICATIVE OF FUTURE RESULTS
DX Testing bellow last year VWAP. Possible break out could happen. Please see video for exact points. Thank you.
In this update we review the recent price action in the Dollar Index and identify the next high probability trading opportunities and price objectives to target PAST PERFORMANCE NOT INDICATIVE OF FUTURE RESULTS
I circled where the weekly candle is breaking lower below the trend line. If the week closes with that trend line breached it could mean DX will continue lower. A weaker dollar is good for gold, silver, other commodities and stocks too; for their prices to go up. Last week's candle was also a shooting star which puts more odds in the favor of a lower dollar index.
Greetings, I find my previous communication regarding the US dollar was perhaps insufficient in elaborating my viewpoint. Therefore, I have resolved to delve deeper in this correspondence, presenting a thorough analysis to substantiate my conviction that the US dollar is poised for a considerable mark-up phase, from a technical standpoint. I must clarify that I...
Dollar is a short-term sell with a longer-term buy signal on harmonics and we have an SH now. SSTIS is a confirmed buy with an initial bull surge signal and a fake bear, 2D MV chart is a short-term sell with a longer-term buy signal and an MVO bull surge signal. 2D MV fakeout chart singals a clear bull. No change on the forecast.
DX, focusing on the AD & Money Flow. I see a double top by the AD, however there is a base forming. The Handle is currently being shorted, we dont have a bullish/bearish breakout yet. However, i'm leaning towards the bearish side based on what i've seen in Gold & Oil charts. I will be posting additional charts to show til there is a definitive trend direction
Dollar fulfilled closest Target! Also - Cycle. We could expect (possible) pullback, so all Forex Currencies - short time (if so) lift up. But IF we break 107...
Greetings everyone, I hope you've had a productive week with successful trades. I wanted to share some of my ideas on the Elliott Wave Principle. It's crucial to make informed decisions and exercise patience in all transactions. As per a quote from (J.F.), a professional analyst of the Elliott wave principle, amateur traders tend to focus on the possibilities...
Just as we looked at the previous last August correction, the question was; can a more impulsive wave engulf the slump, and it did to then print the next wave up. Now the same thing is happening again. Dollar did look quite impulsive with the bearish slump, but on Friday it printed a hammer and now today its having a very big pump that has easily engulfed the...
As I said last week, the key is dollar now. Harmonics is a short-term sell with a longer-term buy signal and we can see there a bear node to form in 2 trading days. It will be a primary bear node meaning not a confirmed turning point but a kind of attempt at least. SSTIS is a confirmed buy, the bull surge is over. We can see a fake bear setup here which means,...
Dollar Index is going to make huge gains in few next days, Technically The price will go up from 105.8 to 108 Support 105.8 Resistant 108 While Gold,BTC and WTI are going to make some loses. Wish you best trades