Hello Traders!
Accurately suppose, that the "Flat" model and Bull's "Cumulation Balance", will be on US index the whole 2018 year.
So... Based on intermarket correlation, it gives the opportunity for downtrend on EURUSD, GBPUSD, AUDUSD, NZDUSD and uptrend for USDJPY, USDCAD, USDCHF .
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Hi traders!
We are back to see how our DXY friend is doing. This is not our first time covering this index. The marker makers made sure before showing its hand that we had total fakeout. This week when I said that the 92 level was big and DXY found the strength to push higher. We thought at that time that maybe DXY had somehow found something within itself for...
I think the DXY is in selofff for no reason and if is not today it will have a rebound start of new years
for now is oure intraday stragegy to 24 or 48 trading (today or the 2 january)
he is also much oversold as
eurusd overbough
usdcad oversld
usdjpy starting oversold
Enter at 92.31
target 92.75
gains 44 pips
Hi traders!
This is DXY REVISITED
We covered the DXY in the STATE OF THE MARKET VOL.2. At that moment, the price finally bounced of our order block and found some kind of momentum upward. That bull run had a few legs because it ran for some time before finding resistance around 95.00
Like any type of trend, the price has to retrace to become a healthy run....
Now that we get our 2 target in long i short eh Dxy for the pullback,he is also overbought and i think 94.06 its a good pullback level or we can go more deep to the Up t-line...but i prefer said only 94.06 who match with the resistance that become support
enter at 94.66
Target 94.06
so is a go for 60 pts more
we go in 2 separete position like all time for can...
a simple daily view of dollar index with only some major support and resistance
also a level for my view that he have to keep for stay bullish in short -middle time
Hi traders!
Here we have the DXY chart. It has been ranging in this wedge since the start of the 2000's.
This charts feature the USD while it was affected by the DOT COM boom and the housing crisis of 2007-2008. You can clearly see the highs and the lows of all this timeframe.
USD went through QE 1, 2, 3 + Operation Twist with the one and only Ben Bernanke at...
