DXY Index Analysis Week - 20 May 2024 Daily - Range Cloud (D) - Within Cloud Weekly - Range Cloud (W) - Above Cloud Mid Term - Range _________________________________________________________________________________ Apr/May Central Bank meeting: ECB - Neutral BOJ - Dovish FED - Neutral BOE - Bearish Vote, Neutral Fwd Guidance / Mixed RBA - Neutral / Mixed BOC...
Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watch list and see if the rules of your strategy are satisfied. Dear Traders, If you like this idea, do not forget to...
Weekly: 1. Direction: Bearish 2. Reasons: 1. Price disrespected the FVG 2. BOS with massive displacement 3. price is moving from IRL to ERL Daily: 1. Direction: Bearish 2. Reasons: 1. Price respecting the FVG 2. BOS with massive displacement 3. price is moving from...
The dollar is in my opinion bullish, next week we will most likely visit the PML and bottom of the channel where I will be expecting a flip of the order flow back to the bullish. As I explain in the video we can see long position building in the COT. Always follow these rules - Accumulation / Manipulation / Distribution - No liquidity raid = No trade - Never buy...
Clear rejection of the green area (resitance) so far. Back to the support level and it’ll be very telling where the next target is. Breakdown below the support and we will se the lower support level, a bounce on the upper support trend line might be a sign of attacking the green area again.
Monthly: The price come down after creating the M-Mss+, as there is no space left for M-FVG now so our bulish bias is invalid now. Monthly Bias: Consolidation. Weekly: The price has taken the W-FVG+ & closed bellow, Creating a W-MSS -, & there are 2 Target bellow situated in 103.921 level, so now our target is to go for the W-SSL. Weekly Bias: Bearish....
Dxy bearish are still strong, so i just wait good confirmation of price action to go SHORT
Powell news monday 12:30 am PST PMI Thursday 12:30 am PST Will affect the Dollar strength if hawkish then buying DXY up to key levels. While shorting comms to key levels. In trading always get ready for both options, up or down. These are swing trade levels that can take weeks or months to pan out. Be Patient, "patiences pays!" Delorian TDI Shift trading...
Last week, we rejected the daily gap zone @104.8 pretty strongly and created a new hourly gap now. As long as we hold this newly created zone, I expect equities to run higher. Watch 104.55 for a potential reversal. (buy signal on equities) Ultimately think we shoot for 104 before any real bounce occurs.
As per the diagram, we have moved up (three swings to a top), and are now moving down (three swings to a bottom). I'm forecasting a short opportunity if we get a little higher from here, and the shorts should take us back down to the initial consolidation at the bottom left.
Hello fellow traders , my regular and new friends! Welcome and thanks for dropping by my post. Could see some retracement upwards, though generally i am still bias on the downside for USD. Do check out my recorded video (in trading ideas) for the week to have more explanation in place. Do Like and Boost if you have learnt something and enjoyed the content,...
USDx looks bullish for the coming week, all xxxUSD will short, get ready for the wave!
The U.S. dollar has also seen a sharp correction during this period, which I believe many traders have seen. The market has also put relatively much pressure on the US dollar. At the same time, it serves as the most valuable storage currency. There was also a sharp decline under the influence of geopolitical sentiment. TVC:DXY But I don't think the dollar...
Inverted head and shoulder on the daily chart, combined with a cup and handle with a breakout of symmetrical triangle
Hello,Traders! DXY has retsted a Support cluster of the Rising and horizontal Support lines and we Are already seeing a Bullish reaction so a Further move up Is to be expected Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
United State Dollar index is about to hit the 103.400 psychology level