Dollar Index Daily chart - I see a buy opportunity here for dollar pairs from this level we can also see a pull back is due on monthly chart. Daily structure is also bullish
After a head and shoulders pattern that is now active, me may see the dollar getting stronger. So keep an eye for longs on the dollar pairs and short on the EUR/USD pair. I am just waiting for a break of the counter trendline as a confirmation.
Multi-day view: DXY price action contained in a multi-month bearish channel decelerating with new tops and lows, finally clearing the May 2016 lows. Current price action has so far stalled near the prior resistance area but I am likely to see a break of this area as there is a bullish divergence under play and momentum is supporting the view as well. So I am...
If dollar break neckline then conform its make
head and shoulder pattern and its going to
our Expected targed .
Dollar and eurusd in positive correlation and
eurusd also make Head and shoulder pattern ,
yOU also check our eurusd ideas
trade with care and good luck
positive correlation with euro
Asad Ullah Jass
Dear Traders & Followers,
There is a possibility to go long from the price of 93.00
to the level of 94.15,94.90.
Note: Everything works with Best money management.
Note: Please leave comments for any query.
Disclaimer: Trade at your own risk.
Good Luck...!!
Regards,
Growing Forex Team
Before i make a post of long DXY and then we reach the target now The dollars make is pullback
on daily chart you can see than the ma20 and 50 match with a support and a up T-line
so will be the price for enter approximatively .
all data match with the FED goal and especially the UP in earning Wage (inflation of salary) last firday
So even i make ths trade before...
Watching the dollar to form the right shoulder of the reverse head and shoulders. Assuming that the low for the intermediate term has been formed, then this suggests that we are in a prime buying opportunity to test the long side for the dollar.
Hello Traders,
With the Fed meeting tomorrow I expect the dollar to strengthen. Although a rate hike is not likely until December, I believe the market will react now in preparation of the December rate hike.
The Percentage points represent the probability of the target to be hit.
i think the break out is confirmed on the DXY
because he brak out the long tie tdowntrenline since almosst high 2016 then after technically he do the pullback on this t-line and bounce on sharply.
so we can say for short and middle time the dollars is back in da place
first target easy at 94.05
me i entry on since friday and i have a traling stop now.
he can go...
Great news for Dollar bulls. On the weekly time frame the dollar index has finally broken the upper range.
This is a strong indication that we might finally see a trend reversal and a stronger dollar over the next weeks.
Previous down trend lasted 25 weeks if you start counting from the start of the channel.
If you like to hold position for a few days and make...
Hmmmm, I get it, long EUR because of current account differentials, QE taper, balance sheet normalisation, US political uncertainty, French elections over, everything rosy in Europe.
But often, the obvious is obviously wrong .
If EUR respects 1.20-1.21 as overhead resistance, then we could be looking at just a 50% retracement of the huge down leg.
Suggesting...
This is short term outlook, good enough for the next week. Yes, everyone charted monthly wedge break, lower highs and lower lows on D, W, M; fact is - after FED rate decision USD got some bullish momentum back.
It is obvious to me that the price was trading in bullish channel, some red economy data slapped its face but, imo, this did no harm. Price went sideways...
