Ninja_Snipes_fx

Ninja_Snipes_fx

DXY short from resistance today news will give us an idea about the future of DXY.

Ninja_Snipes_fx

Long idea from resistance. If resistance breaks we will look for longs from 1.08900. Not financial advice just my opinion. ‎️‍🔥

Ninja_Snipes_fx

EUR/USD is in for a treat with upcoming news and Fed hints of interest rate cuts.

Ninja_Snipes_fx

I think we could see DXY break the current high on 4hr after the news event this afternoon. TARGET 107.900 Alternatively, we could see it fall below the trendline in which case we will wait for a sustained break of the level before getting bearish on DXY.

Ninja_Snipes_fx

We could see big moves from XAU/USD today. Keep an eye on key levels of support and resistence. The US central bank is widely expected to hold interest rates steady, but markets will focus on its economic projections and Fed Chair Jerome Powell’s remarks after the meeting for clues on the path moving forward.

Ninja_Snipes_fx

The DOLLAR INDEX has reacted to the 4-hour trendline and is continuing up. We could see a new high formed followed by a pullback around 105.883 before or after The United States Fed Interest Rate Decision on Wednesday followed by many other countries. Long dollar pairs after DXY breaks above 105.883

Ninja_Snipes_fx

My overall view on DXY is bullish, I think the month of August will show continued growth. We are nearing the 103 price point which we could see a pullback from. If we break and close above the 103 price point and the wedge we could see a strong dollar for the future. Keep an eye on the price in the coming weeks.

Ninja_Snipes_fx

targets around 103. Lets see how price plays out at that range. This is not financial advise.

Ninja_Snipes_fx

We just broke through a descending trendline. wait for a pullback then targets around 1.11416. This is not financial advice.

Ninja_Snipes_fx

EUR/USD respecting descending trendline on the LTF. We are also trading very close to the 50MA and below the 200MA. Keep an eye out for shorts. Targets around 1.08990 This is not financial advice.

Ninja_Snipes_fx

I think that the dollar will see a turn to the downside in the coming weeks. We are nearing the top of a weekly decending trendline as well as 103.00 being a resistence zone. We could hit 103.000 and see DXY turn bearish on lower timeframes. This is not financial advice.