DXY create hidden bullish divergence with a good pattern
Dollar create hidden Bullish divergence in Daily timeframe.
as I said on March 21 ...DXY is in a strong downward trend and if for 1 week it rejected 3 weeks in a row from the Fibonacci 0.5 area, I expect it to continue the descent to Fibonacci 382! THIS WEEK...even if it climbed to the Fibonacci 786, DXY continues its downward trend we were talking about and will reach the Fibonacci zone 0.382 where it is a very strong...
Dollar gonna bullish! Now Dollar create hidden bullish divergence!
USDindex - DXY - Buy Entry - H4 Chart Buy @ Beak of Pivot Point Monthly 92.4097 Recommended Risk - Stop Loss @ 0.5% to 1% of your Account Balance Please support the idea with a Like 👍 Follow me to receive updates of this analysis, plus new ideas ✅ Thank you for your support 😊 Wishing you successful trading...
Dollar create Bearish Divergence with Bearish Butterfly Pattern!
The Dollar index is something I've been grappling with for a while now. I bought into the narrative of a weaker dollar index particularly in light of the mass printing of money by the FED. Surely inflation must be a consequence of the monetary policies that we are seeing...? It just makes so much sense that we see a cheaper Dollar. But the macro people disagree...
DXY IS SHOWING US A HARMONIC PATTERN H & S if it break the support zone then it can drop till given level Sell after confirmation fundamentally Dxy is showing us this is a strong support zone Push like and comments friends if you like our idea
I think we will continue to fall! What do you think? You will learn the best place where we can trade this instrument at low risk. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will...
As i can see DXY is still showing weakness and we expected more legs down till design new levels we are selling DXY with a small risk and looking for higher rewards Friends push likes and comments follow us for more updates
hello traders , Welcome to my price forecast of US dollar index . us dollar is still in bearish scenario. as you see there is Ascending broadening wedge pattern, most likely it break downside . and our target is at major support 88.25. I have many ways to enter into market and one of them is after channel break. Thanks for Watching my idea, have a green day ..
if my count is correct, we are in the last leg down with in this small degree count of the larger picture. wish you all the best.
DXY Under pressure with 2 Target poin and going deeply
As I expected, DXY broke above short term wedge resistance and reached my first target. Now the index looks determined to continue its upward correction and 92 could be the target for such a correction. In my opinion rallies in EurUsd, NzdUsd, AudUsd should be sold, and also a buy trade for UsdCad could be a good choice