nicoacademia
Short

bearish mood over DXY

INDEX:DXY   U.S. Dollar Index
47 1 0
Post NFP.

Intra to inter week trade time frame.

Expecting a move down to 80.34 area as 1st tp target and up to 79.91 area as a 2nd tp target.

Expecting an early week rally to sell into(sell rallies).
i didn't have the time to update this idea.

but if you saw how it moved after it was posted. price on an intraday basis didn't want to go down then.

the 4H timeframe will always be subservient to the Daily time frame.

moreover market was not yet convinced at that point in time for a weaker dollar.

we are now at time of this comment seeing the balance shift to a weaker dollar over the next few days - until we see a spike support.
Reply
English
English (UK)
English (IN)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体
台灣
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