DXY Dollar Index Short: and now, down again to 93-92. Further updates could follow. For any questions, just leave a message. Stay tuned & good trades... mav
Looking through dollar index we're on a corrective phase right now.We're looking to break the correction for more upside until 97.00 area then from then we would have an ABC correction finished so we would look for downside targeting 94.30 area.So the way it looks now we'll have an upmove to 97.00 then downside to 94.30.I'll be looking to enter after confirmation...
Overall we are looking at a bearish trend for the dollar index, however I do see some temporary support on the 4hr for a nice little bullish trend before following up with the continuation of the bearish downtrend. DXY may also hit this 618 fibonacci zone using our fibonacci retracement tool when looking at the last major swing on the 4hr.
US Dollar has shown very little price movement since the 2014 bull run. US Dollar has stayed in a tight range and based on technical indications we could be seeing one more low before a catapult to higher highs. US OIL , GOLD , SILVER, EMERGING MARKETS Rapid movement in US Dollar can have a big impact on USOil as well as silver XAGUSD and gold XAUUSD. ...
DXY - USD Dollar Index could change Long RR Ratio >3:1
I'm anticipating a short rally on Monday before the bears take control and we firstly re-test 95.50 before heading back down towards the trendline at 93.80. A short entry at 96.60 will give me a 1.1:1 R/R shooting for 95.50 with stops moved to break even at this level for a risk free trade.
Speculative short today DXY Dollar Index down to < 97
Dollar in correction mode: for this reason, USDJPY could go down, too.
brasil > com o dolar despencando , o indice vai da um grande pulo ! boas compras Usa > with the dollar falling, the index goes from a big leap! good long
Initial support is seen at 95.95 – 95.75 followed by lower support at 95.0 – 94.75. A bullish follow through above the first support with a breakout above 96.55 which marks the bull flag’s high could signal a longer term rally that could see 97.45 followed by 98.55 levels being marked as the minimum price objective here. The bullish view could, however, turn...
DXY is in a daily correction move after an upward impulse, but on the lower timeframes after a sharp down movement, it is correcting and we have MACD divergence. Im waiting for it to break to the downside touching at least the recent lows at the 61.8 fib level before going up again.
touchdown at 96,xx Area. For any questions, please leave a message or a comment below. thx.
for any questions, please leave a message or a comment below...