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...
- Yellen speech again mid hawkish tone -FOMC+Yellen at last meesting was Hawkish and add 1 rate hike than the market priced -Dollars have room on the daily chart to go more u p easily -Many rate was hiked and dollars have down too much since that. -Some pair like EURUSD - GBPUSD have room for consolidate more than today (26 sept) - IN short-middle term i see...
Dear Traders & Followers, There is a possibility to go long from the price of 91.30 to the level of 93.30,94.15. 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
DXY M30 Long Resistance: 92,20 -92,40 Support: 91,83 -91,80 This is not investment advice
Long idea based on the current low level and the expected FED policy. At the moment the Dollar Index is in his very lows levels. US equity market rebound going hand-in-hand with US Treasury yields rising;The inference is that US yields dropped on safe haven demand. Further improvement in risk appetite should boost US yields further, lifting the US Dollar -0.28%...
I think chart explains pretty much everything. -be patient and market will reward you ) Good luck!
North Korea Missile Launches, NFP, GOLDs Bull momentum ... Either way, DOLLAR is holding strong ... Check a number of USD base pairs and see them holding in support zones in spite of Gaps The Dollar is ready to make its move . But will have to break resistance first
DXY 4H Long Resistance: 93,20 - 93,68 This is not investment advice
DXY trading around 92.55-92.6. NFP we have with in 50 mins . Expecting 200-215 numbers and if this happen we can see little drop in DXY toward 92.1-92.3 then a jump toward 93.2-93.5. Or direct jump toward 93.5 overall Expecting Strong usd. If Expected Numbers come we can see Gold 1295-1300 Eur 1.18-1.820 Usdjpy 111.2-111.5
Hi Guys, III Wave of sub wave is about to end, so I'm expecting upside correction as IV wave of sub wave, So by mean of that we will see downward movement in eurusd , upside in usdchf, So wait for it to complete last piece of iii wave then look for upside. Good luck
DXY Day Long maybe Resistance:96,25 -102.86 This is not investment advice
DXY 4H Long Resistance: 93,30 - 93,40 - 93,52 This is not investment advice