The Dollar Index has been stuck in this wedge pattern since the beginning of 2018. After a large fall from the 95.00 area it seems to have stalled and now deciding on whether to continue pushing down, or prove this wedge pattern is the bulls getting ready to go! Between 90.50 and 80.50 seem to be keen bounce areas for price to reverse so keep an eye for a...
DXY could continue towards 89.60 before running towards 91.40 Levels. At those levels, it will be watched for the down-trend to continue. *Please like and share if you found the idea useful. Thanks!
It seems USdollar broken it's nearby support price @ 89.43. Now there is a good Opportunity to sell until price @ 88.56
DXY reached it's strong support price @ 89.44, Now there is a good probability to go Bullish until price @ 90.46
Hi traders! Today's analysis is cover yet again the DXY. It is such a important chart to follow since we trade everything USD related. We trade almost all USD forex pairs and trade commodities likes gold, silver & WTI priced in US Dollar! Now, the DXY is having a very technical drop. It broke through one long lasting support which was also an order block. Since...
Daily Chart: Price action eagerly respected the Daily trend line support and bounced off immediately. This area too is in confluence with a historical support/resistance level. Price action also arrived at the buy zone I set last week. Hourly Chart: If the hourly candle would perforate and break the nearest trend line resistance. The possibility for AUD to...
Will we see a break of the 89.90 level to start the rally upwards and back into known territory for the Dollar? Could 92 / 93 be on the cards...
NEoWave analysis on DXY at Monthly time frame and most degree by Enayat Ashkian The Details of the analysis is shown on the chart and described that Bearish most degree corrective pattern is not completed . (A)-(B)-(C) Wave that is marked by yellow labels and is completed: Wave (B) / Wave (A) : Price about 40% Duration about...
DXY is back testing the small support it had previouslt broken. With that and the tenkan and kijun from ichimoku as resistance as well. Looking for a break of 90 and a continuation lower.
DXY is looking to continue lower from current consolidation levels. We broke head and shoulders from my recent chart and now have been in a downwards channel and broke below that as well. On USDCAD news this morning, we didn't see the dollar push up any on a nearly150 pip spike in USDCAD pair and now USDCAD is about to breach 1.24. I continue to see weakness in...
Dear Traders and Followers We are looking for 3rd wave in dxy which may probably breaks the price of 93.44 If price breaks that level then there is possibility to reach extention level 1.272 (96.14). Note: Everything works with good money management. Note: Please leave comments for any query. Disclaimer: Trade at your own risk. Good Luck..!!
Hi traders! We are back to see how our DXY friend is doing. This is not our first time covering this index. The marker makers made sure before showing its hand that we had total fakeout. This week when I said that the 92 level was big and DXY found the strength to push higher. We thought at that time that maybe DXY had somehow found something within itself for...
Hello Traders! Accurately suppose, that the "Flat" model and Bull's "Cumulation Balance", will be on US index the whole 2018 year. So... Based on intermarket correlation, it gives the opportunity for downtrend on EURUSD, GBPUSD, AUDUSD, NZDUSD and uptrend for USDJPY, USDCAD,USDCHF. Best regards, team traders ''Powerful Traders".
Short DXY. We have broken the upwards channel alongside a head and shoulders and now are in a bearish channel. We are retesting the neckline from current levels to 92.50/92.60 as a good short entry. Retail is long the dollar and are calling bottoms everyday which gives me a further bearish outlook on the dollar index.
I think the DXY is in selofff for no reason and if is not today it will have a rebound start of new years for now is oure intraday stragegy to 24 or 48 trading (today or the 2 january) he is also much oversold as eurusd overbough usdcad oversld usdjpy starting oversold Enter at 92.31 target 92.75 gains 44 pips
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