Marenno
Short

USDOLLAR index weekly review, trading plan for an upcoming week

FX:USDOLLAR   Dow Jones FXCM Dollar Index
37 0 1
Indeterminate direction of price as no clear signs has been given by the last quarter closure.
Last Quarter's close is above 5MA what gives a bit more power to bullish signals
Currently none of the major chart patterns appears (Quarter)

On a weekly chart we have a bearish chart pattern
Divergence with a current oscillator confirms the reversal pattern on a weekly chart, what gives support to momentum traders, and can possibly give a momentum to the price movement.

Will look for a bearish short term entry setup (based on weekly chart, this type of trade will be left open for a few days) at around 12050
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