Today's focus: USD Index Pattern – Nill Support – 105.00 - 104.45 Resistance – 105.10 - 105.55 Thanks for checking out today's update. Today, we have run over the USD Index, breaking down the overall price picture, levels, and patterns and incorporating moving average and RSI into the analysis. The USD index sits in an interesting spot with the FOMC to come....
USD interest rates is coming today. EURUSD keeps the downside move and yesterday we saw a pullback from the resistance. It will be good if the active positions are with low risk. We’ll be looking for new trades once the news breaks.
Yes, EUR/USD has fallen to a key support level around the May low. And that will likely deter some bears around current levels from entering short (depending on their timeframe). But given the potential for for the Fed to deliver a more hawkish message than money markets are pricing in whilst the ECB suggest they are done tightening, we're not discounting the...
– Previous Daily candle closed Bearish around 1931.400 forming Daily Resistance around 1933.800. – Buys on close above 1936.500 targeting Weekly Resistance around 1940.100, Leaving Runners to the 4h Resistance formed around 1945.200. – Sells on close below 1929.800 targeting 4h Support formed around 1924.000, Leaving Runners to the Weekly Support formed around...
Looking for a Matic move to 0.85 which puts it at the golden pocket.
Expecting USD weakness this week, and continued CAD strength due to Oil and good fundamentals. Not much else to say here, great RR on this move if it comes off!
In this analysis I want to talk about Bitcoin's bearish triangle pattern that has been unfolding itself over the last few weeks. I'm not sure whether BTC still has a bullish move in it, but when it does, we are ready. As always with trading, it's a matter of > . If Bitcoin decides to move up, we will enter a short from the top resistance which has...
Dollar Index multiple time frame analysis. Daily/4h time frames outlook. Price action analysis. Important key levels. Directional bias & thoughts. ❤️Please, support this video with like and comment!❤️
On a smaller timeframe, the DXY price direction is still not fully decided. According to the current analysis, we are currently in a Wave 4. The price will correct on the downside soon. I marked 3 potential levels where it can retrace. It is not mandatory for the price to touch them all, however, the price can go even lower than the marked levels - it's all up to...
EUR/USD Rebounds Despite USD Pressure – Fed Meeting Looms The Euro (EUR) has staged a rebound against the US Dollar (USD), pushing EUR/USD past the initial drop near 1.0670 and setting its sights on the 1.0700 resistance level as Tuesday unfolds. The USD continues to face selling pressure, and it's approaching a critical support level around 105.00 as tracked...
Today's focus: USDJPY Pattern – Ascending Triangle Pattern Support – 146.50 - 144.75 Resistance – 147.92 Thanks for checking out today's update. Today, we have run over USDJPY, breaking down the overall price picture, levels, and patterns and incorporating moving average and RSI into the analysis. The USDSJPY continues to be locked up in a bullish continuation...
Hey Traders, in today’s trading session we are monitoring USDCAD for a buying opportunity around 1.33700 zone, USDCAD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 1.33700 support and resistance area. Trade safe, Joe.
Hello traders, This might be the Elliot 5th wave! It's just a guess! If you are a Wave trader would you please share your idea with us? You can also find bearish divergences, but I think regarding the RtoR this the trade \does worth the risk.
Hello There! Welcome to my new analysis of USDEUR from several timeframe perspectives. Within recent times, there are several factors that are confirming an important change in the dynamics of the actual underlying factors within USDEUR. In this case, I have spotted major developments currently accelerating within the whole market that are likely to lead to a...
Hello, Welcome to this analysis about the DXY US-Dollar Currency Index and the 4-hour timeframe perspectives. In recent times the Index is forming important developments that should not be underestimated as inflation pressures on fiat and there is an inflation rate never seen since more than 35 years the DXY is setting up for a dump to the downside. Looking at...
2023.9.19 GBPUSD remain relatively low Hello, I'm Older Duan. Today is Tuesday, September 19th 2023. Now it's 17pm Beijing time. Let me give you a quick comment on the technical forms of the current international mainstream varieties! First, what we see is the daily graph of the dollar index. As shown in the figure, the US dollar index has maintained a...
– Previous Daily candle closed Bullish around 1933.700 breaking and closing above Daily rejections formed last week. – Buys on close above 1935.100 targeting 4h Resistance formed around 1939.000, Leaving Runners to the next 4h Resistance formed around 1945.100. – Sells on close below 1931.000 targeting 1h previous Resistance formed around 1927.000, Leaving Runners...