649bruno
Short

DXY: Dollar Reverses At Fib.618 Retracement: Downward Bias

TVC:DXY   US Dollar Currency Index
41 0 6
17 days ago on a four hour chart I highlighted a bearish Gartley pattern in-DXY.
The DXY-has been weak ever since.
DXY-has retraced to Fibonacci .618 and has reversed to the downside.
Other indicators are weak, including the top three charts above ( RSI , Vortex , phase energy).
This could explain the continued strength in-gold.
This could also explain the continued falling 10 Year T-Note yield.

The three items, weak-dollar, falling T-Note yield, and strong-gold are inter-related.

Good luck to you. Don.
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
Việt Nam
日本
한국
简体
繁體
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 Priority Support Contact Support Ideas Published Followers Following Private Messages Chat Sign Out