jindrake
Short

POSSIBLE DXY COLLAPSE

TVC:DXY   US Dollar Currency Index
DXY pressuring high numbers around 101, can't go much further, will expect a crash by late Nov. early Dec             .
just curious (since I have yet to learn the bat or gartley method) what determines the expected upward or downward direction? Thanks in advance!
Reply
jindrake Lord_Snow
@TorinVanderpool, certain levels of support and resistance have a high influence on trading pairs and charts. the larger the timeframe also plays a role in how accurate your readings are!
Reply
@jindrake, Interesting! So if it appears the right wing top is forming near a resistance level then there is a potential for some downside? On another note, I haven't traded for too long, but I have never seen movement like the DXY currently. Impressive, not so much for a gold bull like me, but impressive nontheless!
Reply
United States
United Kingdom
India
Deutschland
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out