US Dolar Index -Ready for Takeoff?

INDEX:DXY   U.S. Dollar Index
218 5 10
SInce the Index made the High at 100,5 a consolidation started and ended near its 38,2 fibo (from 79,5-100,5).
The consolidation is associated with minor highs.
Now it seems that the index gathers strength to conquer ist former High at 97,85.
Trading above this Level will generate a Long Signal. The TPs are 99,8/100,5.

For further Information about the counting have a look @
There's no fundament behind what you project
Since when there is a "fundamental" reason behind any move of a market? :D A few months ago you told us the dollar is finished, and hyperinflation will flood the galaxy.
AristotelCostel AristotelCostel
In my view the dollar will make a new marginal high (at least 101.82) and then will correct.
marihuana-aktien PRO AristotelCostel
i also think so....the Chart Analysis is just a snapshot....the Analysis can Change in a few target is based on the projection of the Formation i see - it is a ccyclical swing-target
+1 Reply
:-) THX for your comment...although i am an Economist, i don`t care about fundamental things during trading. (exeption: i dont have any positions in the market when for example Labor markt data or similar data appears) I am a technical Analyst, i just trade what i see. And i want to share my thoughts with you. :-) let`s wait and see :-)
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
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
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