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DOLLAR INDEX: Daily Monitor

INDEX:DXY   U.S. Dollar Index
336 2 20
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DOLLAR INDEX: MEDIUM TERM (Analysis)


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Victor.Y.F
a year ago
It's forming a triangle, will go up and form a bigger triangle, ranged until FED rises rates.
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Victor.Y.F Victor.Y.F
a year ago
This is a classic flag, FED will rise rates next year but not in 2015. Trading with ranged zone, avoid trended strategy. Be careful with EURO0.00% , it could have more easing policy in 2016. Technically point A could be a truncation, equal wave could be truncated. But if 93 is broken DXY0.00% will fall to 90 then a nice buying there.
DXY flag triangle forming to break out
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