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Showing posts with label DXY. Show all posts
Showing posts with label DXY. Show all posts

Friday, September 1, 2023

MONTH: September 2023. GasLeeSun.com Presents: Monthly Chart Analysis About U.S. Dollar Currency Index πŸ’° [DXY] #Dollar #DXY #USD #Index #Month #Chart #Analysis #Fiat


Currently in the Month chart; the US dollar has broke to the upside of pink triangle & looks like it's going touch somewhere around 108.50 price area very soon, plus price action is still above pink highlighted uptrend line started back April 2011.

OCTOBER candle needs to start above 105.80 price area, In order to continue thick blue uptrend line bullishness πŸ“ˆ

The highest retest touch point the DXY can go this month is around 113.50 and that's if it wants to get back above left Thick black uptrend line, making it Super bullishπŸ“ˆ

The lowest the US dollar can drop this month is around $95.50... πŸ“‰

Since the US Dollar September candle couldn't start above both thick yellow and orange downtrend lines, I feel the DXY could produce a fake out to the downside the End of this month... 
BE CAREFUL CRYPTO HODLERS πŸ˜‰ 

πŸ“… DXY 2023 YEARLY CHART ANALYSIS: 

Thursday, August 31, 2023

DAY&MONTH: AUGUST 2023. GasLeeSun.com Presents: Monthly Chart Analysis About U.S. Dollar Currency Index πŸ’° [DXY] #Dollar #DXY #USD #Index #Month #Chart #Analysis #Fiat

Currently in the Month chart; the US dollar is bouncing inside of pink triangle until max breakout date JULY 2024 & looks like it's going to come down somewhere around 100.00 price area before February 2027, since it couldn't stay above of Left thick black uptrend line.

SEPTEMBER candle needs to start above 105.20 price area, In order to start bullishness again 
and 103.70 on the day chart to slow down Bearishness...πŸ“‰

The highest retest touch point the DXY can go this month is around 112.50 and that's if it wants to get back above left Thick black uptrend line...πŸ“ˆ

The lowest the US dollar can drop this month is around $95... πŸ“‰

CRYPTO WILL BE ON ITs WAY BACK UP VERY VERY SOON πŸ“‰πŸ˜πŸ“ˆπŸ“ˆπŸ“ˆπŸ“ˆπŸ“ˆπŸ“ˆπŸ€‘

THINKING LONG TERM RIGHT NOW IS THE GAME.... 
THAT'S WHY IM CURRENTLY ONLY GIVING YOU MONTHLY CHART ANALYSIS πŸ€‘❤#GasLeeSun

Wednesday, February 8, 2023

February 06, 2023 at 01:54PM Fed loan officer survey finds tighter loan standards, reduced demand - Reuters

Fed loan officer survey finds tighter loan standards, reduced demand  Reuters

February 07, 2023 at 08:31PM Plenty of Federal Reserve officials are speaking Wednesday, 8 February 2023 - ForexLive

Plenty of Federal Reserve officials are speaking Wednesday, 8 February 2023  ForexLive

February 07, 2023 at 11:27PM DXY next target is 102.6 ! #DXY

DXY next target is 102.6 !

In lower timeframe, DXY was seen to rebound from minor support while it was going down from recent Jerome Powell news, and recovers few minutes later, back to its range price. From there it does not continue to break the highs and retrace back down. From here onward it is not clear where the price will move therefore the best options is to wait the price to atleast break the news lows to continue going down MOMENTARILY to 102.6. From there we will wait FOMC news and expected the price will continue to rise higher.


Friday, February 3, 2023

February 03, 2023 at 01:15AM DXY 03/02/2023 #DXY

DXY 03/02/2023

🎯 DXY is in the reversal mode

🟧Entry basics
Never enter blindly on the level. Always put everything in a higher timeframe context. The level must be violated and the price has to do a pullback and Break of the structure. Then you look for the entry on the order block or FVG above/below 50% pullback. SL is above swing high and set TP to 3R. Don't try to predict where the price will go next or don't try to take 1:50R trade. We trade intraday reversal and reaction on the level. We get our 3R and get out of the market.

snapshot
For the short trade, the scheme would be obviously an upside-down picture picture

🟩When to enter the trade
Setup and entry must occur at these times, as it's the time when we can get the biggest volatility and highest probability
πŸ”΅London Session - 02:00-05:00 NY time // 08:00-11:00 EU time
🟒New York Session - 07:00-10:00 NY time // 14:00 - 17:00 EU time

This Strategy is not about predicting the market and the next movements. It's about the trading reaction in the liquidity levels. Which is good enough to make money by trading a couple of hours a week.