DXY still bullish

TVC:DXY   U.S. Dollar Currency Index
234 1 13
Last FOMC release with a "no change" about interest rate has surprised nobody.
Market had already priced in and expected news don't change the trend.

That's said, DXY             is still in a wide range between about 93 and 100 since February 2015 with a monthly support at 94.7. As long as we are in this range, a good option is to buy the low and sell the high of this range.

A gartley bullish completed at 94, on mid-august, is still in play and hitted its first TP (0.618 of AD).
For now, i'm expecting that dxy             reaches 94.7 / 94.6 in the next 3 days where are located 2 bullish patterns (see chart) and supply zone .
I will check on stochastic for any bullish divergence in order to secure and confirm this trade.
If so, i will go long to target 98

Trade closed: target reached: Didn't get my entry point as expected, but got a long at 95.7 close now at 97.5
Trade closed: target reached
Nice work! Solid trade too.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
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