the upcoming week ahead bring alot of volatility have days with events and major ones
Recap -
the previous week was more based on sharp turns that has tested important level and broken important level
but left behind some imbalance that given a strong sign or outperformance by DXY
What to Expect - 104.300 the price breakout now the upside potential liquidity...
targets green
entry point blue
sl red
..RRR 1:2 , 1:4
Considering the ABC correction wave in DXY, a potential short opportunity arises during the B-wave's rebound. This setup offers an attractive risk-reward ratio, targeting the expected C-wave decline. Caution: Monitor closely for any sudden changes.
US Dollar Index in 20-year peaks
The index extends the optimism seen at the beginning of the week and trade beyond the 108.00 mark for the first time since October 2002, always underpinned by the unabated sell-off in the euro.
The move higher in the dollar comes on the back of diminishing US yields, as recession concerns seem to prompt investors to seek shelter...
Dear traders,
As I have been accustomed to in recent months and this time my technical analysis had an accuracy rate of over 95% and I will try to continue to keep this percentage as long as possible
as I said on last weeks ... DXY reached target 1 which I set from where it rejected to the resistance area of 92600
from here I expect a small retreat and then I...
Dear traders,
As I have been accustomed to in recent months and this time my technical analysis had an accuracy rate of over 95% and I will try to continue to keep this percentage as long as possible
as I said on last weeks ...as I said in the last analysis made on July 4, DXY reached target 1 which I set from where it rejected to the resistance area of...
Dear traders,
As I have been accustomed to in recent months and this time my technical analysis had an accuracy rate of over 95% and I will try to continue to keep this percentage as long as possible
as I said on last weeks ... a closure even for 1 day over Fibonacci 618 means BUY to Fibonacci 786 as he did and where he rejected!
in the next period I will...
Dear traders,
As I have been accustomed to in recent months and this time my technical analysis had an accuracy rate of over 95% and I will try to continue to keep this percentage as long as possible
as I said on last weeks ... as I said last week DXY rejected and closed in the area 91,900 but below the value of FIBONACCI 618!
in the next period DXY is in a very...
Dear traders,
As I have been accustomed to in recent months and this time my technical analysis had an accuracy rate of over 95% and I will try to continue to keep this percentage as long as possible
as I said on last weeks ... as I was saying last week ... DXY has stopped falling and is starting to form support in this area and form W!
If the next weekly candle...
DXY has managed to broke the trend line yesterday with strong bullish candle and reached 93.50 level and currently DXY is in consolidation phase.93.67 and the .50 Fibonacci will act as decent resistance for the bull. If this levels are broken then we may expect DXY will reach 94.75 level
