@capitalmanagementservice: This is my analysis on the DXY on the 10 minute timeframe The DXY gives an overview of the US dollar which for me acts as a great confluence for currency pairs such as EURUSD, GBPUSD & USDJPY We can see how price was previously trading within bearish market structure forming lower lows followed by lower highs implying that sellers were previously in control of the market. However we have seen an influx of buyers stepping into the market forming a strong bullish impulsive move breaking bearish market structure and forming a new higher high in the market I am anticipating price to pullback correctively to the 61.8% Fibonacci level which lines up with an area of sensitivity. From here I will be looking for price to show a switch in momentum to confirm a higher low formation Using the price range tool I can calculate a reliable target for price to reach and in this instance lines up with the level of resistance where the downtrend began from. As always we must have patience and allow price to come to us. We must be reactive, not proactive Want to know what services I offer? Check out the link in my bio! Contact us today at: 📩 [email protected] . . . . . . . #technicalanalysis #passiveincometips #forexaccountmanagement #forextradingstrategy #tradingcommunity

TRADER EPHRAIM

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Region: NG

Monday 22 June 2026 20:21:55 GMT