ProjectSyndicate
Long

DXY D1: Oversold / will bounce this week(NEW)

TVC:DXY   U.S. Dollar Currency Index
Why get subbed to to me on Tradingview?

-TOP author on TradingView
-15+ years experience in markets
-Professional chart break downs
-Supply/Demand Zones
-TD9 counts / combo review
-Key S/R levels
-No junk on my charts
-Frequent updates
-Covering FX/crypto/US stocks
-24/7 uptime so constant updates

DXY D1: Oversold / will bounce this week(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.

🔸 Summary and potential trade setup
::: DXY daily chart review and outlook
::: massively oversold
::: expecting limited downside short-term
::: BOUNCE will develop from here
::: accumulates in range then expect
::: a pop to re-test near 95/96
::: EURUSD should pullback off the highs
::: so bullish outlook for US dollar this week
::: speculative setup, results not guaranteed
::: good luck traders
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment mid-term: BULLS/REVERSAL
::: Sentiment outlook short-term: RANGE/MIXED
MT4/MT5 SCANNER FX/CRYPTO/US SIGNALS SL/TP
https://THESYNDICATE.LIVE
BEFORE/AFTER ANALYSIS
https://THEPROJECTSYNDICATE.BLOGSPOT.COM/
CHANNEL TA/SIGNALS SL/TP
https://T.ME/THESYNDICATE001
DETAILED SCANNER RESULTS
https://TWITTER.COM/PRSYNDICATE001

Comments

Too early to be bullish. The index should first prove a potential bottom by rising above 93.99. It has struggled in the upper 93 handle the past few days. Seems more like a triangle developing that implies a terminal thrust downward to complete wave 3 down of C. We'll see.
Reply
let me know you opinion in comment section. it will be good to know you thought on this

Reply
DXY is dead, their GBP dropped for more than - 30%. But still it can bounce yeah !!
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out