Dollar, are you loco?..

INDEX:DXY   U.S. Dollar Index
199 1 9
We are trading in a triangle since the beginning of this year and now it is in a rising wedge . In the rising wedge made a daily shooting star on resistance of the triangle AND rising wedge .

There is also a small divergence no hidden one, so this might be the first signal for change of trend. Hiking rate with the dollar this high would be a disaster, so fundamentally seen it also has to fall to fill the gap at 88..

If I'm correct we might get a hike in december, earliest possibility. Dollar bulls need to lose steam a bit here.

I see the channel is a bit moved while I was resizing. Here is the corrected one.
This is the power of divergence at resistance!
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
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