U.S Dollar currency Index:-It form H&S pattern on monthly chart. It may start to correction from here. US 10 yrs Govt Bond Yield:-It is near major resistance 4.13%.It may start to correction from here. Nifty has inverse relations with above both, so it may start to bounce from major support level. Nifty major Support level 17122-17099
FX:USDCHF USDCHF has formed Double bottom and when the neck line is breaks we can go for a long position.
TVC:DXY Finally confirms it's Bearish Reversal By Breaking down the prolong Uptrend. Now we can expect long term downtrend in DOLLAR to Resume. It's Highly Bullish for Stocks, Commodities, Precious Metals, Paired Currencies and Cryptocurrencies.
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.
Nifty index, if recession come in market it may correct up to 14400, chart is self explanatory. India market is strong and in positive movement but US market will lead to down. It is only estimation as per market rumor's.
us dollar sell 109.180 stoploss 109.930 us dollar correction see this chart intenal
This is the real tension of the Indian Stock market, the us doller currency index breakout in the all time hight
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...
: entry & exit is very important : try to manage money management : know your stop loss : find the chart pattern / analysis the chart before you enter
The US Dollar Index, DXY, is bouncing off its 50SMA (red) on the daily chart. This looks like a sign of strength in the US Dollar as it seems folks are buying this dip and a successful bounce on 50SMA can take the price back to previous highs of 105 on the DXY.
BUY : 156 TO 133 TARGET 358 Reason For Buying This Script : In this script it forming cup with handle formation in monthly time frame. Try to accumulate in lower levels. Once the price close above 358 in monthly time frame and the next target up to 485. Note : Above given levels are based on monthly & weekly time frame . So be patience it will take some...
Hi everyone, US dollar currency index analysis & view on 1 week chart, index is going upside & if sustains above 97.220 can go upto 99.240 & 101.800 (level identified from harmonic xabcd pattern level 1.414/2.272) it shows FIIs are pulling thier money out from indian equity market & we can see fall in in equity markets too! TVC:DXY
Last week we identified the head and shoulder pattern and we were anticipating XXXUSD shorts which played out well. We are still looking for further strength from USD. Looking for the completion of the right shoulder this week. Correlate this chart with the USD pairs and try and get and entry for the XXXUSD shorts. Goodluck and trade safe!
DXY Long R/R: 1:4 Feel free to share your opinions in the comment!
Hey traders, USDCHF is approaching a strong daily resistance level. On hourly time frame, the price formed a triple top formation. To catch a pullback from the underlined structure, wait for 0.921 horizontal neckline breakout (1H candle close below). Then sell aggressively or on a retest. Your goals will be: 0.917 0.914 In case of a new higher high higher...
Gold forecast for the week. Gold Has currently swept some liquidity on the daily. Daily is a large sell range which it has just broken today to make a new low around $1842. We have filled some imbalance on the higher time frames and we could see a pullback into $1800 before making another leg up. to new highs? However short term price action, i believe in the...
Everything explained in chart... Sold Put options of lower strikes and next expiry... Disclaimer : This is a trading idea for learning. No trading call. Keep your stop losses and risks within your limits.