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DJ FXCM Index

DXY set for Decisive MoveOn 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 down and on monthly basis it has scope to go to extreme overbought position which means it will be a final up leg. Usually it is volatile top. August or September may prove to be a blow off top in DXY. The ultimate target of 120 may not be ruled out. Warning and Disclaimer: Above prediction should not be taken as financial advise, it is a personal opinion. Consult your financial advisor. Investment is subject to market risks. Past performance is not the guarantee for future performance. It is for educational purpose only.
TVC:DXYLong
by AnkurSharda3
USDCHF: Key Level & Potential Short 🇺🇸🇨🇭 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 close formation on hourly, setup will be invalid. ❤️Please, support this idea with a like and comment!❤️
Short
by VasilyTrader
1
XAUUSD GOLD SHORT POTENTIAL forecast !!!!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 next day or two we could see price come back up to the $1900 level before we make a new low down the $1800 where my weekly POI is. I will be looking for a confirmed entries short around here ($1900). Trade safe and be consistent. If you find this TA helpful and you would like free updates, show your appreciation by giving us a follow and a like ❤️🙌🏻💸💰🤑
OANDA:XAUUSDShort
by Jake-from-the-trading-Cartel
💡Don't miss the great buy opportunity in ZILUSD @zilliqaTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (0.092950). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . USDTRY is in a range bound and the resumption of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 45.52. Take Profits: TP1= @ 0.12639700 TP2= @ 0.14416700 TP3= @ 0.16153600 TP4= @ 0.18369900 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex trader? Now, It's your turn! Be sure to leave a comment let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
ZLong
by ForecastCity_ME
1
Are we on the verge of a US Market drop?Hello. My name is François Normandeau Here is an ADX-BRIEFING related to the 10-Year US Treasury Notes . Currently, on the daily charts , all the indicators we are using are mentioning that the US Dollar Index TVC:DXY is currently in a confirmed downtrend. Historically, there is a strong positive correlation between the US Dollar Index and the US Treasury Notes. if DXY drops, ZN1! drops... if DXY rises, ZN1! rises... relatively speaking and all things being equal. If anyone is currently keeping a major long position related to the US Bond market, then this correlation is worth considering. More details about this post, as well as a video analysis, later today, on our site . Wishing you a great week, François Normandeau Institutional Research Director at ADX-BRIEFING
TVC:DXYShort
by Pine_Academy
Don't miss the great buy opportunity in USDSGDTrading suggestion: . There is a possibility of temporary retracement to suggested support line (1.4162). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . USDSGD is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 65. Take Profits: TP1= @ 1.4300 TP2= @ 1.4402 TP3= @ 1.4635 SL= Break below S2
Long
by ForecastCity_EU
7