USD line in the sand 12385 we look for a marginal new high to act as a bull trap
TVC:DXY can continue the down trend in PRZ and TRZ zone that show in my analysis. EK_ANALYSIS Good Luck
finishing the correction (in comments) with ending diagonal. how typical :D that small correction that is making now is same as in previous push up, so thats why im expecting somewhere similar retracing up before drops again and give us that diagonal whats presented on chart. however that drop down at last part can come in very different sizes and shapes and can...
Assuming ABC pullback is completed. We can expect seasonality factor will drive the price up. If ABC pullback shows signs of bigger bearish wave, then this assumption is wrong.
The DXY is currently undergoing the retest phase of the break out from the neckline. From here I am expecting price to decline further to the 96.00 level signalling weakness in the Dollar.
The American dollar is the overall winner this 2018, despite being battered in these last days of the year. The DXY recovered from a yearly low of 88.25 achieved early February to a 17-month high of 97.71 in December, now battling in the mid 96s. Much of dollar strength came from the US Federal Reserve and its tightening policy, two steps ahead of any other...
Broke a critical monthly support for the dolalr we coudl see a strogn rise from here
As you see on the chart above, this pair still on the track inside bearish channel....
Short and to the point! Macro's for USD still have to play out with America being the oil king of the modern world. While administration officials will willfully seek to devalue the currency to increase mfg, and the appearance of wage growth, while making our exports more cheaper and imports more expensive. I run loops in my mind concentrating specifically on...
If you are a trend trader, then bet on the dollar increasing in value as we progress towards the middle of the year. If you are looking for a top, I am not confident we are there yet.
AUDUSD moves in downtrend and I think it will target 0.7000 Next hours
As you see Dollar index came in channel support and horizontal support. It can high probability go up.
- GBPUSD is back-testing the inverted head and shoulders pattern. it probably raise to 1.3400