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.
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 Billing Sign Out