Sometimes we can't see the forrest because of the trees

TVC:DXY   U.S. Dollar Currency Index
39 1 7
Many times us traders trying to be successful at what we do we get to complicated with the details of the smaller time frames. Looking at the BIGGEST picture we can conclude that the Greenback it's in a downtrend and that probably will continue unless it breaks through the top of the channel. But in the meantime it's approaching a level that it's being pivotal for the last couple of decades: 92.63. Determining the direction of the currency will depend on a bounce or a break off this level. Important thing to keep in mind it's that we have gotten two lower monthly closes that could build a case for a bearish scenario. Anyways like always happy trading and
May the Market be with you.
Wow. Amazing chart.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out