Hello Traders, Hope you all are doing good!! I expect DXY to go Down. Look for your SELL setups. Please follow me and like if you agree or this idea helps you out in your trading plan. Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management. Market can evolve anytime, hence, always do...
Dollar index has been rising form 96 levels onwards. in all likelyhood to touch 112.5+++ levels soon. resistance and channel marked...
Given the macro conditions, it feels possible that there's gonna be a rather long cooldown on everything, even after the bleeding stops. A deep cleansing on everything is the need of the moment. If this is to play out, then it might take us 6-7 months to come back to the prices we recently broke down from. That feels like hell, trust me. Time capitulation >>...
News from Jackson Hole changed the sentiment of the markets overnight. Watch this video to know what Jackson Hole is and how it impacts the financial markets, from forex to equities and commodities too.
All the levels we could see on dxy are mentioned on chart super strong trend will not be good for risk assetts specially bitcoin stay cautious
Iam looking buy above 135.385 and targeting 136.200,, 136.550 . Expecting an FOMC MINUTES RUN.. stops below 135.80
I am sell on BTCUSD Looking 1:5 swing entry possible reversal and divergence respected with trendline risking 2% on trade . .. hope its hit my target. ENTRY : 24732... TARGET : 23753... STOPLOSS : 24933.. thanks...
Recently we had to re-look at what is happening with Falcon Waves. Even though we use two more tools along with Falocn Waves (always) that helps, Heikinashi Candles (as we do not trade against the trend) and Falcon trigger line, however, counts can not be wrong too many times, and we were on the wrong side of the count. Upon deep analysis, here is a new count,...
Dxy tested this trendline on daily time frame ....if breakdown then more decline and if hold then we can see bounce from here . Gold is watching this level from 1770-80 area .If dxy decline from here we can see 1800 soon on gold .
DXY is down just 3.7% from its highs and all its counterpart are behaving like the Fuel in DXY is over. There is no sign support broken on DXY 103.5 and 101.4 are the immediate support level. Once these support level got breached then only we can say that DXY has done with the top for the short term.
On Daily Basis: US Dollar Index (DXY) is correcting after it achieved the target of 109.29 as predicted in earlier published idea. 105.50 is a near term support level which is a test of DXY for further next decisive move. The trend is bullish right now and it should take the support of 105.50 with next probable target of 112 to 114. RSI on weekly basis has come...
DXY ANALYSIS It has retracted to its Fibonnacci Level 0.5 (106.17) where it actes as a support and bounced back to its 0.382 (106.84) level which acted as resistance for now. Further drop is expected to 0.618(105.5) level before another pull up towards 1.618 (112.5 ) LEVELS THIS IS JUST A VIEW. DO YOUR OWN RESEARCH BEFORE DOING TRADE WITH PROPER RISK...
TVC:DXY Wolfewaves on DXY and coupled up with strong Fibonacci . Until DXY curtailed below 109 to 110 region, it could be said that it has made the top, and there needs a correction in the same. With strong supports around 104, where there could be a consolidation drama, then expecting it to fall till 98. This cycle according to my theory should complete by Feb...
TVC:DXY Wolfewaves on DXY and coupled up with strong Fibonacci . Until DXY curtailed below 109 to 110 region, it could be said that it has made the top, and there needs a correction in the same. With strong supports around 104, where there could be a consolidation drama, then expecting it to fall till 98. This cycle according to my theory should complete by Feb...
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...