Symbol - USDJPY USDJPY is currently trading at 157.700 I'm seeing a trading opportunity on sell side. Shorting USDJPY pair at CMP 157.700 I will be adding more if 158.200 comes & will hold with SL of 158.500 Targets I'm expecting are 154.800 - 151.900 & beyond. Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my...
CAPITALCOM:DXY is trading in midzone of current dail timeframe buy/sell zone, keep eye on box zones marked at current price level to get an idea about the next possible direction upwards for upside rally on daily timeframe
- Dollar Index took out Liquidity from its previous swing high and reacted after grabbing Liquidity - Equal Interim highs are now made and the reaction is bearish as well - I expect the next two candles to be red or bearish and the price should continue to fall further, anticipating good numbers from the US it's going to be negative for USD and positive for Stocks/Crypto
DXY/Dollar Index is currently trading near an overhead supply - It will be very crucial to watch how it exactly reacts to its overhead supply - IMO even if we see a good reaction from the overhead supply it will be still important to watch the reaction. - From a long perspective it's better to wait out and first let the breakout happen - let the base form -...
- Dxy currently looks bullish - I am waiting for a retracement if not we can see DXY mitigate its overhead supply - DXY can take out some more bullish momentum post that we can see some downfall. - We are in a mid-range don't trade aggressively.
All factors seem to be falling in place for Indian Economy. And that will likely translate into huge gains for Indian currency, bonds and equities. This update speaks about the signals visible at the beginning of 2024.
Rupee stayed almost flat against the $ in 2023, depreciating 2% whereas other EM currencies depreciated more than 4%. Equities soared in 2023 and if things go as they are appearing, then 2024 promises to be even better. There is lot of hop and optimism in the air already about Indian economy and that will most likely translate into higher returns for Indian...
Hey traders, here is the analysis for the DXY. If you guys like my analysis please hit like👍 and follow. Thanks. DISCLAIMER:- This is not financial advice.
India has managed to keep its public finance in control and focus on capex led growth. That has ensured that India managed to stay afloat during the storm and now that the storm has subsided, India is on its way to race at higher knots. This video is an update on the latest global macro developments
- AUD/USD is currently trading in a bearish trend - AUD/USD correlates with gold as well - GOLD is currently looking bearish as well
Dollar Index has reached Sweet spot to start turning for a wave UP. COT reports are Bullish. Let the Daily momentum turn UP for a Buying Opportunity.
If Dxy sustain on 103 ( marked in the chart) then a upside momentum to (110 feb 2024)--(115 sep 2024) is possible, which could impact the US stock market and in some cases Indian market too . Disclaimer : It's a personal view not a financial advise and I assume no responsibility and liability whatever outcome arises.
As the US Inflation numbers came soft, all doubts about Fed hiking rates in December were gone. That led to all currencies strengthening against the $. US Yields colled off, Dollar Index came down and US Equities soared. Indian markets also joined the party. The Rupee made strong gains making new multi week highs. G Sec Yields came off highs and Sensex and Nifty...
As Per daily Price Action Dollar Index Broke Lower Side Range 105 level and Sustain Below and Also Price Cross below 50 Ema And RSI Also Cross Below 40 Which Is not Good Sign For Index . We Can See Further Down move In Dollar Index. Wait For Decent bounce In 1 hour Time Frame It Could Be Good Lower Side positional trade .. Stop loss :- Above 106 Level Target:- ...
TVC:DXY currently at buy zone, can go upto 106 if sustains above 104.733 level
As US Yields cool off a tad bit, it results into Dollar index cooling and Rupee strengthening. Our Forex Reserves increased, our yields fell and our benchmark equity indices soared. India's maiden 50 year bond issue was oversubscribed and that shows how much interest and confidence there is about India over the coming few decades. India's largest Festival season...
USD is making some serious inroads. INR trailing behind unable to maintain the equilibrium. 83.4210 is the current ATH. Today we went up to 83.3010. TVC:DXY at 107. Continued FII selling will only add fuel to the fire. When the Indian media houses are gung-ho about the decadal that belongs to India & its growth story - the people outside are not that...
Dollar Index (M) chart showing distribution pattern with max support at 100-102 range. Expecting DXY to test 88 in next 8 to 15 months. Above 108 on monthly closing will reverse our projection. (High made 107)