Get started
InvestingScope

Dollar Index: Sideways opportunity on 4H.

U.S. Dollar Currency Index (TVC:DXY)  
InvestingScope Premium  
TVC:DXY   U.S. Dollar Currency Index
Trend Analysis Chart Patterns Technical Indicators DXY dollarindex Dollar Index Futures DX1! DJ FXCM Index Forex Currencies currency
15
0
trendanalysis chartpattern indicator dxy dollarindex dx1! usdollar forex currencies currency
DXY has successfully tested the 92.50 Support today twice. If it holds then on the 4H chart ( RSI = 39.680, MACD = -0.240, ADX = 46.240) then that is a solid sideways opportunity within the Support and the 94.00 Resistance (which has also been tested twice (red arrows). As you see the MACD pattern is quite similar with that of the June consolidation.




** If you like our free content follow our profile to get more daily ideas. **

Comments and likes are greatly appreciated.
High quality portfolio management, signals & asset allocation with excellent risk management. We provide daily reports custom to each client's preferences, directly to email/ telegram

http://www.investingscope.com

Telegram: https://t.me/investingscope
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.