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Dollar_index

1.24 is being tested as resistance 1.24 is the nearest resistance zone for GBPUSD and it is being tested as May announced triggering of Article 50. 1.24 stands in the way of GBPUSD and prevents it from continue towards 1.26 - The major weekly resistance zone I mentioned in this week's newsletter (check my website) GBPUSD is still inside a trading range and can be traded on both sides from the current levels: 1) Bullish - A close above 1.245 2) Bearish - As long as it stays below 1.24 (or in case it'll reach 1.255-1.26)
by themarketzone
(EURUSD & DXY) HOW INSTITUTIONAL TRADERS COMPARE THE MARKETS!MARKET ANALYSIS: As you can see from the charts both Eurusd and dollar index or showing opposite trade setups. So in Eurusd once the market breaks the flag pattern and closes above the zone we can go for a long. At the same time once dollar index closes below the rising wedge we can short the market below the zone for the given target. Now this is how a institutional traders compares a trade setup with dollar index, Hope this helps. Cheers!
TVC:DXY
by Kishore
14
violently been pull back out of the 1220 ish battle zone Trump speach before congress had a nice effect on the usd and gold react accordingly , went strait back into the 1220 battle zone the got vilently faught back out of it . I mean this kind of candle just mean reaction and the next support to the up side would be the 1240 1245 zone for completion of an nice head and shoulder pattern . If those price manage to contend price action then we can start talking about a reversal in the dollar . but it to soon for that on the other side a breach on the other side of the 1250 mark would mean a continuation of the up trend on the gold , so new target on the up side and down target on usd as usual dont hesitateto come and talk to us on our group : www.facebook.com
OANDA:XAUUSD
by jeanbaptiste.laurent.94
1