xSunnyChopper

Short Term Long on DXY

Long
TVC:DXY   U.S. Dollar Currency Index
As prices have approached a weekly supply zone , prices have reacted and hence the sell-off. However, daily demand is still in control as prices have not yet taken out a daily demand zone .

Will be looking for short term buys for the first half of this upcoming trading week, however, as prices get pushed back and if daily demand is broken, will be looking for sell orders for the rest of this upcoming trading week.

Comments

I believe it'll just melt from here on bro. Look at the number of times price got rejected at 95.50.
Reply
xSunnyChopper Winner1811
@Winner1811, Yeah, it has been rejected multiple times. Bulls could be as strong too though and right now the ball is on their side of the court so it's a waiting game to see if they can push prices back up and overtake the bears.
Reply
Winner1811 xSunnyChopper
@xSunnyChopper, fair point. Let's see how it goes.
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar About Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter