As shown on the H4 Dollar Index chart above, the price is likely to form a HEAD & SHOULDER chart reversal pattern, lets see ...
USD /CAD long retesting the zone of resistance for the third time, likely to go long to the next Fibonacci level.
Price made a structural uptrend and we are following trend of DXY by going Long on this
Dollar index touch two resistance, be careful about usd pairs!
Price made a structural uptrend and we are following trend of DXY by going Long on this
One more time and ... ? Bull need to take and close above 96,10 to open the door towards 97. Failure here and we may see 94. ECB on Thursday. Watching
Hi guys ! Last week i shared an idea where i said "DXY is going back to 96". That's happened, perfect (linked below). For the next week, a correction should happened to 95.5 to finish the 4th wave. Then, the 5th wave could start and pump DXY toward 96.2 or higher. That's sound good with my previous analysis on EURUSD with a great bounce on the BUY ZONE (linked...
DXY has finally given us the much awaited pull back we've been looking for. Key S/R level needs to be tested for resistance, expecting price to resume its sell off after testing the red pivot, targeting the untested resistance turned support level on the downside.
As you see at chart monthly, 2 steps bearish reversal dolar : the golden cross MA & the harmonic bearish 5-0 pattern. Lets see...
This will be my views of US Dollar Index (DXY) (Oct 2018) Please make sure to read the "update" comment as there will be changes along the way. Cheers. S0nic Disclaimer: The information contained in this presentation is solely for educational purposes and does not constitute investment advice. We may or We may not take the trade. The risk of trading in...
Ithink Head and shoulders reversed so what you think ???
As seen on the chart above, there are 2 limited confirmation of the strengthening of the dollar namely : harmonic patterns & chart patterns. Watch out for dollar sellers, use your MM wisely.
DXY still inside uptrend channel and will be pullback situation..
Statistics on the US labor market has traditionally caused an increased interest among investors and traders around the world and leads to spikes in volatility across all ranges of the financial market. Statistics on the US labor market includes the following set of indicators: Pre-Forecast 15:30 USA NFP 201K 188K 15:30 USA Average hourly earnings (m /...
DXY got picked up at 150 day EMA. Odds are there will be a testing of that gap area around 98 if bulls manage to close above the D point. Bears see a larger high 2 double top sell setup, there's a 61.80% reaction on last bear leg. Though at this point there is no clear indication of a breakdown in lower timeframes, staying tuned for further tells might be the best option.