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dxy

DXY H4 | potential bounce off

TitleDXY H4 | potential bounce offTypeBullish BouncePreference:The current price of DXYt is at the pivot point at 101.1288 , which serves as pullback support. However, if the price were to break below...

DXY H4| Bounced off from 1st support

TitleDXY H4| Bounced off from 1st supportTypeBullish BouncePreference:Price has bounced off from our pivot point at 101.6207, which is multiple swing low support along with 78.6% Fibo retracement. If...

DXY H4 | Fibo confluence

TitleDXY H4 | Fibo confluenceTypeBearish ReversalPreference:Price is approaching our pivot at 102.7001, which has 3 fibo confluences: a 78.6% Fibonacci retracement, a 127.20% Fibonacci extension, and...

DXY H4 | Potential bullish reversal

TitleDXY H4 | Potential bullish reversalTypeBullish BouncePreference:Price is currently at our pivot at 102.2145, which is an overlap support along with a 50% Fibonacci retracement. If price reverses,...

DXY, H4 | Potential bullish reversal

TitleDXY, H4 | Potential bullish reversalTypeBullish BouncePreference:Price could approach our pivot level of 101.1201 and reverse from this level, we could see the momentum carry price up to its 1st...

Market Spotlight: DXY In Focus Ahead of Fed

Fed in FocusTraders are bracing for the headline event of the week today with the March FOMC on deck later. Over the week ahead of the meeting expectations head been evenly split between a .25% hike...

Market Spotlight: USDCAD Breakout Opportunities

Loonie Looking to BreakUSDCAD has seen a solid run of demand this week, turning focus to the potential for a breakout higher in coming sessions. The pair has been stuck in a range for most of the year...

Market Spotlight: US Wage Growth in Focus

US Jobs Up NextOn the back of the FOMC meeting this week, today’s US jobs report will draw plenty of attention. However, instead of the headline NFP results, the bigger focus will likely be on wage...

Market Spotlight: How Useful Is ADP For Trading The NFP?

ADP Up Next Today’s US ADP employment number will be the main data focus for traders. Coming ahead of the headline NFP event on Friday, the ADP data is typically taken as an indicator of whether the...