DXY On the daily chart, DXY created a new demand zone around 101.069-101.825 levels and broke above the trend line with a strong bullish bias to the upside. If price continues to show strong bullish evidence, we go all the ...
Author: khalid
EURJPY created a supply zone around 150.660-151.588 levels on the 4-hour chart and showed strong bearish evidence to the downside. Price went all the way down to 147.138 level. Then price retraced back up around 149 level and created another ...
Supply and demand is a fundamental principle of economics and plays a significant role in the Forex market. Traders who understand the concept of supply and demand can use it to identify profitable trades, reduce risk, and increase their chances ...
The Forex market, which is the largest and most liquid financial market in the world, is driven by the forces of supply and demand. In this market, currencies are traded in pairs, and the value of each currency is determined ...
DXY On the 4-hour chart, DXY tested the demand zone around 100.782-101.046 levels and showed some bullish evidence to the upside. Price failed to break above 101.600 level and started moving sideways below the 20 moving average. If this demand ...
DXY On the 4-hour chart, DXY is moving sideways between 101.676 and 102.246 levels. If price breaks below this range, we go long at 101.337 level (61.8% fib. level) if we get enough bullish evidence to the upside. Our potential ...
DXY On the daily chart, DXY tested the demand zone around 100.824-101.926 levels and moved sideways closing at 102.594. If price breaks the trend-line and shows enough bullish price action to the upside, the next potential targets are 103.508 and ...
DXY On the daily chart, DXY tested the demand zone around 100.824-101.926 levels and showed strong bullish evidence to the upside. If price continues to push higher, it could go all the way up to 105.132 level as a potential ...
DXY On the daily chart, DXY tested the supply zone around 105.762-107.224 levels and showed some bearish evidence to the downside. Price tried to break below the trend-line but failed to break below the 104 level. If price returns to ...
DXY On the daily chart, DXY moved higher and was unable to break above the 105.312 resistance zone. Price started ranging with a potential break to the downside to find some buyers willing to push the dollar higher to 106.880 ...