Kumowizard
Short

Negative divergences + two more warning signals

TVC:DXY   US DOLLAR CURRENCY INDEX
186 0 5
Actually as EURUSD             has the highest weight in DXY             , obviously the index is the inverse of EURUSD             . So is the analysis, which I already wrote in my EURUSD             post - pls             see link below.

However in the USD Index I see two more warning signals which may indicate a pull back is due:

- Daily Heikin Ashi is bearish here (in EURUSD             it is just doji )
- The nice and obvious 4H uptrendline is already penetrated (in EURUSD             price still below its downtrend)

Key levels for swing short or long positions TP are: 99,20 and 98,80
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener 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
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out