U.S Dollar currency Index tested our target level 111. I was predicted this on 13 may 2022 post. It is working in parallels channel and currently trading at upper line resistance. it may correct soon. Negative Divergence also seen on daily and weekly chart.
Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (6.25). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . UNIUSDT is in a range bound, and the beginning of an uptrend is expected. . The price is below the 21-Day WEMA, which acts as a dynamic...
USD/CHF Weekly update Swing Trade Buy USDCHF Entry Point - 0.94500 Stop - 0.93000 Take - 0.98000
Midterm forecast: While the price is above the support 17.520, beginning of uptrend is expected. We make sure when the resistance at 21.200 breaks. If the support at 17.520 is broken, the short-term forecast -beginning of uptrend- will be invalid. Technical analysis: While the RSI downtrend #1 is not broken, bearish wave in price would continue. A trough is...
Midterm forecast: 1674.85 is a major support, while this level is not broken, the Midterm wave will be uptrend. We will close our open trades, if the Midterm level 1674.85 is broken. Technical analysis: The RSI downtrend #1 is broken, so the probability of continuation of uptrend is increased. A trough is formed in daily chart at 1616.52 on 11/03/2022, so more...
S & R - The Weekly Resistance if respected is definately going to do its work and dropping AUD like anything Rest its just an opinion
Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (20913). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . BTCUSD is in an uptrend, and the continuation of the uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic...
My analysis for short term on EURUSD is neutral at the moment. The idea explains why I feels so. If you have question. Drop them below. Happy to help. Love & Pips
My View : Bearish Reason: Correction in DXY Unmitigated demand zones Liquidity built up to the downside
Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (13.254). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . ATOMUSD is in an uptrend, and the continuation of the uptrend is expected. . The price is above the 21-Day WEMA, which acts as a...
Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (0.02436). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . VETUSD is in an uptrend, and the continuation of the uptrend is expected. . The price is above the 21-Day WEMA, which acts as a...
Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (1.0527). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . MATICUSD is in an uptrend, and the continuation of the uptrend is expected. . The price is above the 21-Day WEMA, which acts as a...
Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (0.4673). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . XRPUSD is in an uptrend, and the continuation of the uptrend is expected. . The price is above the 21-Day WEMA, which acts as a...
Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (7.38). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . UNIUSD is in an uptrend, and the continuation of the uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic...
Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (337.9). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . BNBUSD is in an uptrend, and the continuation of the uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic...
Market Analysis, #DXY #Nifty #Dow #Adani #Adaniports TVC:DXY NSE:NIFTY NSE:CNXSMALLCAP
Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (5.70). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . FILUSD is in a range bound, and the beginning of an uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic...
Despite the fact EU trading in correction, I've spotted an area where traders should pay attention to, the price has already tested the major resistance level between Aug-Sep. Consider below reasons for selling market. 1. EURUSD is now trading below 50% and 61.8 fib ret. This is clear indication that EUR could continue trading low against Cable. 2. Another...