piphunters
Long

DOLLAR INDEX: Expecting upside now

FX:USDOLLAR   Dollar Index
906 7 47
The downside looks over for now and we can now expect upside in the index in the coming week so will be helpful to keep it in mind. If we get an impulse as a breakout the downside for all majors except USDJPY             will start.
Comment: broke out to the upside
Comment: The setups posted here are not trade calls and are intended for informative purpose only and you should use your own strategy to determine an entry. I am unable to post everything here on Trading View, if you would like to get all my setups together with exact entries and exits with please visit http://www.thepiphunter.com and subscribe.

Wish you good trading!
hello, thanks for the analysis. Wondering why excepting the Yen? I'm expecting Yen to weaken too.

Reply
piphunters colinsheen
well if the dollar is strengthening we would expect USDJPY to go up like it's going right now isn't it
Reply
colinsheen piphunters
ah okay, i thought you mean usdjpy will go down because you didn't mention usdchf. just a mis understanding :)
+1 Reply
piphunters colinsheen
alright! didn't mention USDCHF because it will move opposite to EURUSD most of the time
Reply
colinsheen piphunters
;-)
+1 Reply
Very intelligent idea. Thanks 1
Reply
piphunters waterman
you are welcome
Reply
English
English (UK)
English (IN)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体
台灣
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