DXY for the next few days.. Hello, Mates hope you all are doing well and enjoying the weekend. This is my thoughts about DXY for the next few days. NOTE: This is only based on technical analysis fundamental or geopolitical situations may change the direction to any side. Shortby thebullsquad5
Channel breakout Index is near bottom of orange channel and also near to 1D SMA50 I think it will going to break soon because correction is not over yes I suppose a final destination of 10% at around 17000Shortby balinorUpdated 1117
HSI poised to Retest the Breakout level and RallyHang Seng Index is pulling back to breakout level in the next few weeks, followed by rally.Longby msamal3160
longer term dow trend linesee nov 2021 and jan 2022 peaks. this line is likely to be tested again.by sunriselmi0
Nasdaq Not Over Yet !Hi mates sharing a long view on Nasdaq as price break resistance (18350) and sustaining very well above and by the today's candle price breached the high of breakout candle too which is a good sign for resistance breakout so from here onwards i am looking some more upside movement in coming sessions friends. Traget meausured from the swing high to swing low made before this breakout and by the rising resistance line too and it seems logical too me. Breakout retest- So as we can see that a proper breakout retest not happened so far after breakout which could provide the best entry as we can minimize our risk in any of trade by these type of retest entries as price earlier retested too it's breakout mentioned on provided chart, Rest i will update idea accordingly whenever needed and good to share anything about this publication. This idea is meant for only educational purpose this not any kind of trading or investment advice. Best Regards- Amit ULongby AMIT-RAJANUpdated 3335
Dollar index lowerSince we didn't break Thursdays low,price could go up to Fridays inefficiency before pulling back down to a volume imbalance which is not visible on the chart,but it is just below my targetShortby princie670
Us30 potential long to end the week Nice range to retrace back into the 4hr Order block to take higher Paytience pays Longby Onlypips4xUpdated 113
NAS100 Bullish wave On the macro - nas 100 is currently in a bullish elliot wave observing previous years/months its looking like the peak of the 3rd leg will be around july 2024 then retrace down until october 2024 when it will create the 4th leg to take it higher for the rest of the year into next year Paytience pays by Onlypips4x1114
DJI Double TopI don't use Fibs but was curious if the lines I had drawn will show up and they do nearly perfectly. I don't use fibs, I use my eyes, and well, maybe I'll look at fibs more as they detected/predicted the same levels. I shorted DJI under 40k thursday pre-market and held the short to 39k Looking at DJI as it has no NVDA in it. Here is your double top. Cool CPI gave us a rally, now we're seeing the stagflation symptoms again. Don't think we'll see a third bounce off of the highs around 40k I believe 40k is long gone. S&P and Nasdaq are harder to read because of NVDA. My read is fundamentals first, chart second. There is an explanation for the moves.Shortby decklyndubsUpdated 7
DXY, D1DXY looking for uptrend in next following week. Now, waiting for price have retrace and go up.Longby chinghola2
Not even close to an AI bubble...Unlike in 1999, when start-ups were receiving exorbitant valuations from the markets, the current enthusiasm for AI companies focuses on those achieving impressive revenue and margins. Comparing value stocks to growth stocks, there's no AI bubble yet, but I expect one to form soon! I anticipate that AI startups will begin IPOing when the Federal Reserve starts cutting rates and discussing quantitative easing, leading to a surge in crazy valuations. We have about six years before the bubble fully gathers momentum, ultimately consuming vast amounts of capital before bursting, leaving investors holding worthless assets.Longby Macro-Traders-Strategies111
DXY for saleSmart and classic technical analysis 1- A bearish price channel on a 4-hour frame 2- The presence of strong supply areas 3- Strong volume area 4- Your hormonal pattern appears negative, which supports selling 5- Saturation in the Relative Strength Index on the hourly and 4-hour frames Shortby ShakerTrading1
aus200buyers took control of the market the previous lower lows supply held it's too strong.switch to 30minute tf and execute your longALongby luyandanhlapho71
UNIQUE IDEA FOR DXYThe above outlook is from a technical approach and it is by no way financial adviceShortby Kush00
DXY strong Aur Weak?US Dollar Techinical Analysis USD Looks to Recover LossesLongby Kashif_chaudhary4
Nvidia are dictating spx price?! SHORT?????My reasoning is how nvidia bull run pushed s&p in a way that resembles each others charts. why is it so important? both amazon and s&p are printing a possible double top on the daily chart. Nvidia is trying to push further but it meets some resistance along the way (resembles a double top although higher high) it is possible, and i believe it very so. nvidia will pump higher until it reaches its last resistance. this would happen while the rest of the companies wont have strong movement: either sideways because nvidia is pushing and their preformance is trash or upwards because nvidia is pushing and their preformance isnt that terrible. that sort of movement would complete the second head well enough. what would happen is somewhat of a death cross - a reversal of trend while nvidia is pushing to its last resistance. at that point nvidia smart money would rake the profits and the selling spree will comence. the worse preformance companies who were in the shadows would be showing red from nvidia correction as reality hits in the face and so would spx500 would show a correction just like nvidia. This is only a story, a scenerio. i believe its a possiblility whole heartedly but its nothing than a story at the moment of writing this article. what to look for? 1.any chart in the spx that reminds spx in price action 2.nvidia finally hitting final resistance 3. ofc govermental reports 4. signs of trend reversals such as death cross etc. Be very aware of the market because this will move in a way most traders would not notice. until its way too late. Shortby Captainobvious5454Updated 0
DXY STRUCTURE I know DXY is showing clear signs that it is ready for a buy but without these confirmations, there will be no buys I usually say I'm not here to change your trading style or belittle your trading system I'm here as your market structure analyst, do well to like share and follow.by Dr_Trade13
Bull Reversal on DXYExpecting a bullish reversal as pointed out by all technicalsLongby rejoicem76Updated 3
S&P - Short Trade IdeaHere is a short trade idea on the S&P, using the SPX500USD chart. We are basically at all time highs right now. This short idea is based on buyside liquidity recently raided, and now looking to ride a retracement/reversal down to a Discount PD Array. There was a good-looking Unicorn setup that formed. Price is already in an entry area, but I've indicated a higher POI should price come up one more time (if we are ready to retrace). The targets are either Weekly BISIs, with the terminus at the beginning of the lowest Weekly BISI. Overall, a pretty straight-forward trade. Since this is the 4h, I will be looking for a lower timeframe manipulation at a Killzone during a likely day, or news event to confirm lower prices. - R2FShortby Road_2_Funded1
Still doubt about EGX 30 upside strength Although breakout of 27000 level which is very good sign but the momentum still weak to reach 30000 level I believe we need to test 26000 level once again the recommendation to reduce position and hold for profit buy the dips and better wait by cayenne4800
DXY Weekly outlook May 26 2024DXY Weekly, Daily, and H4 Chart Analysis Weekly Bias: Bearish Market Structure Shift (W-MSS): Confirmed two weeks ago, signaling a bearish trend. iFVG-W: Last week, price tested and closed below the inverse Fair Value Gap on the weekly timeframe (iFVG-W), reinforcing the bearish outlook. Target Level (DOL): 103.921, where the Weekly Fair Value Gap (W-FVG) and Weekly Swing Low (W-SSL) converge. Confirmation Needed: Watch for a Bearish Market Structure Shift on the H4 timeframe (H4 Bearish-MSS) to confirm the bearish bias. Daily Bias: Bearish D-FVG-CE: On the daily chart, price has closed below the current Daily Fair Value Gap (D-FVG-CE). D-LRLR & D-SSL: Daily Low Resistance Liquidity Run (D-LRLR) is aligned with the Daily Swing Low (D-SSL) and the Weekly Swing Low (W-SSL), indicating a target for low resistance liquidity. Expectations: In the upcoming week, anticipate a move towards these lower levels, seeking liquidity. H4 Bias: Bearish H4-FVG: On the H4 chart, a Fair Value Gap (H4-FVG) has formed after rejecting from the weekly inverse Fair Value Gap (W-iFVG). Key Level: 104.998 - 104.913 (H4-FVG). Bearish Confirmation: If price moves upward and then rejects from the H4-FVG level, this will confirm the bearish bias. This will be an ideal point (H4-POI) to enter short positions targeting 104.009. Key Levels: Resistance: Recent iFVG-W (Weekly), H4-FVG (104.998 - 104.913). Support/Target: 103.921 (W-FVG and W-SSL), 104.009 (H4 target). In summary, the DXY shows a bearish bias across weekly, daily, and H4 timeframes. Watch for price movements towards 103.921 on the weekly and daily charts, with confirmation from a rejection at the H4-FVG level (104.998 - 104.913) to solidify the bearish trend and target 104.009. Shortby Trader_PKR1
GER40 the trend is still Bullish**Monthly Chart** Last month candle dropped lower after creating a record high around 18568.8 level. This drop was due to a large selloff around the record high. However, this month the price continued higher and created a new record high just shy of 19000 level which indicates continues of the bullish long-term directional bias. **Weekly Chart** Last two weeks candles closed as dojis which shows a loss of momentum around the high. It will require a large liquidity to push the price higher. Therefore, any retracement or correction will encourage buyers to continue the move. **Daily Chart** There are two scenarios on the daily chart, GER40 price might continue higher without retracements and bush higher before changing the trend or the price will have a deeper retracement and then bush higher and grap the liquidity that formed above the new record high. Either way, I am only interested in buying the retracement. The direction is still bullish and there is no indication yet to move lower.Longby PropSignals3