i see more weakness on dollar and fundamentals also showing more tensions with tariffs. here from technical i see abc correction marked with sub waves, also eurusd have same reverse pattern. on the chart in comments u can see the bigger full view on this. like it so ull be notified for updates...
DXY is expected to drop to 1st support at 97.87 where it could potentially react off and up to 1st resistance at 97.20. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
DXY expected to rise up to 1st resistance at 97.87 where it could potentially react off and drop down to 1st support at 97.20. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
DXY bounced off its support at 97.01 where it could potentially rise further to 98.20. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
DXY is expected to drop to 1st support at 97.75 where it could potentially react off and up to 1st resistance at 98.48. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
Because the pattern created on the dollar this week will be critical. As you can see in the last weekly candle, he created an inverted hammer that usually comes to announce a trend ending so it will be confirmed the upcoming candle should be red. The dollar's inability to break resistance at 98.3 for the third time is a sign of weakness. And with all that, one...
DXY W TF parallel channel. Not a good idea to purchase USD. August candle will be black.
DXY expected to rise up to 1st resistance at 99.22. where it could potentially react off and drop down to 1st support at 98.27. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
As we see dollar broke the old supple zone and its moving up to the fresh ones, maybe return from 98.80 but on my opinion it will see 100 then the big drop be careful trading dollar pairs in FX, dollar is everything ;)
DXY expected to rise up to 1st resistance at 98.40 where it could potentially react off and drop down to 1st support at 97.77. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
DXY bounced off its support at 97.92 where it could potentially rise further to 98.40. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
Last week the dollar broke the resistance at 94.4 (breaking resistance usually accelerates trend) The dollar is on the rise with excellent technical data. We will remain bullish on the dollar, Despite the interest rate decision on Wednesday and the high chances of seeing an interest rate hike Target: 98.3 Second target: 99.7
BUTTEFLY FORM ON USD100 INDEX (USDX) W1 CHART .. ENTRY... 98... SL...98.50... TP... 95.34
DXY is expected to drop to 1st support at 97.63 where it could potentially react off and up to 1st resistance at 98.40. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
DXY reversed off its resistance at 97.91 where it could potentially drop further to 97.51. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.