BloomFisher

DXY | COMPLETE ANALYIS | Bearish Formation - Is it confirmed?

Long
TVC:DXY   U.S. Dollar Currency Index
Still don't know if it's VALID for upcoming Bearish movements
Where Fundamentals fails the Technical making it 50/50
Focus on Values,
- US equity market rebound going hand-in-hand with US Treasury yields rising; inference is that US yields dropped on safe haven demand. Further improvement in risk appetite should boost US yields further, lifting the US Dollar .
-Yellen at Jackson Hole gives no confidence to would-be USD buyers, debt ceiling concerns mount
-US OIL Hike or Flaws?
Focus on depth,
-Fibonacci Trend and Grid (For Level estimation)
-200 DAY M. Support (will it be broken?)
-HASH, Previous Support Level (with consolidations)
What's Next?
Let us know in the comment and make sure to hit the LIKE Button if you agree!

Comments

Thank you @BloomFisher
+1 Reply
I agree with your Fundamentals and we are already In for EURUSD and USDHCF Buy/Sell
Thank you for the detailed Information @BloomFisher :D
+1 Reply
Great job, please keep this service going... Thanks a lot... @BloomFisher
Reply
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