NG can bottom around 3.55 (Wave 4 low)-3.27 (78% fall of previous impulse)
This pattern seems bullish on DXY on H4 before the Friday data .Gold is also facing resistance at 1930-35 levels .
BUY : 152 TO 123 TARGET : 274 Reason For Buying This Script : In this stock it has broken the double bottom neck line. Once price close above 274 and the next target up to 396. Note : Above given levels are based on monthly & weekly time frame . So be patience it will take some months to achieve the target. ALL THE BEST ..
Weekly analysis for, DXY - It may see correction of 3rd of the 3rd wave Gold - It may give correction of the uptrend Bitcoin - Does the new rally begun? S&P500 - ABC Correction is unfolding. #dxy #gold #bitcoin #SNP500
On Weekly Basis: Dollar Index (DXY) reversed from high of 114.77 There is a support at 102 on weekly charts. DXY entered into bear cycle as there is a Death Cross where 50 DMA crossed over 200 DMA downwards. One can be cautious and it may provide a good chance of pullback in bear cycle. It is a sell from long term point of view. There is a death cross over at 200...
#XAUUSD Seems to touch 1890 mark as Dxy is recovering from weekly low
Very Crucial Level for dollar #DXY if its returned from this level we may see big rally and supose if it breakdown this level there will be very deep downside and #Gold XAUUSD will rise to new high if dxy break this multi week demand zone . Trendline is already broken lets see wether dollar takes support here or not . #Dollar #Gold #XAUUSD
dxy monthly and weekly looks bearish, indicating an end to a 16 months up-trending chart. This could mean a great year for cryptocurrency and /usd pairs ( posted a swing gu chart analysis earlier ) i'll be taking most trades in confluence with my macro bias for dxy hence mostly playing longs on crypto and /usd pairs in forex from now unless my idea (as pictured)...
Market is Still Holding Their Level may be for tomorrow news (CPI) LET'S SEE wait for news their is no exited move... XAUUSD(GOLD)
Hello Traders Today Forecast EUR/USD Sell Now Because Price Come Resistance Zone Trade Ratio 1:2 This is only Forecast Must use SL
Dollar Index has corrected which is a good sign for stocks and crypto, but currently, it shows a good POI at 102-103 we will have to observe how it builds its base here.
Here we can see DXY has completed ABC on a higher degree and is moving inside triangle at the bottom. Though the wave count looks complete we cannot decide yet and in looking for a 3 wave drive upside which is being supported by the triangle forming ABC correction.
TVC:DXY ======================== Trade Secrets By Pratik ======================== Disclaimer SEBI UNREGISTERED This is our personal view and this analysis is only for educational purposes Please consult your advisor before investing or trading You are solely responsible for any decisions you take on basis of our research.
My analysis today deals with how the further course of our most popular stock index "S&P500" could look like. The DXY / USD has a non-negligible impact on the S&P500, as the whole economy depends on its behavior. > Meanwhile, this seems to take run-up, for a final upswing, which could bring the S&P500 under massive selling pressure. > Regardless of this...
Falcon Wave D is a 5 wave pattern unfolding, and looks like we are in wave 3 completion, the current one up looks like an internal 4th wave of blue 3rd wave. Now, we can expect last leg down to complete 3rd wave and then it should go up in 4th wave (blue) as shown above and in the chart. More on this in next few days.
DXY has a 5 wave decline on Weekly charts & Wave 5 have formed a ending diagonal today's push could mean end of Wave A so now a 3 wave or 7 wave pullback can take us back to 110 levels confirmation will be Weekly close above 105.35 (40 WEMA Red Line) & this bounce in $ should see some selloff in Commodity & Equity.
Shooting Star on a 6 months chart of TVC:DXY Is clearly signaling the Crash in US Dollar. Dollar likely to depreciate against major currencies like Yen, Euro, INR It will be also Bullish for Precious Metals and Commodities. And Bullish for Stocks.