JakeSummers4x
Long

DXY - Weekly Update

TVC:DXY   U.S. Dollar Index
ABCD pattern on the cards?

AB=CD pattern lines up nicely with previous weekly structure as indicated on the chart.

A break of 100.000 and I see the bottom falling out of AUD/USD             and GBP/USD             pairs.
Comment: $DXY:

Euro (EUR), 57.6% weight
Japanese yen (JPY) 13.6% weight
Pound sterling (GBP), 11.9% weight
Canadian dollar (CAD), 9.1% weight
Swedish krona (SEK), 4.2% weight
Swiss franc (CHF) 3.6% weight

Considering this analysis we may see the EUR/USD continue it's bearish outlook over the next week, for this reason on top of it's already bearish outlook, I'll only be looking for shorts this week.
English
English (UK)
English (IN)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体中文
繁體中文
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