Hey tradomaniacs, Looks like DXY is going to drop today. OF course we will have to wait for the FOMC-meeting. ;-) Combined with JPY weakness we might get good trades with GBP/JPY and EUR/JPY. LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow me. Any questions? PM me. :-)
Open Position: Sell 93.06 (valid until 07.09.20) Take Profit: 92.36 Stop Loss: 93.42
watch for short setups . EURUSD can reach up to 1.24 or 1.27 GBPUSD still targeting 1.36+ after this downturn i think DXY will reverse up & go for 104 + due to market crash. even 115+ possible in 2021. good luck.
Hi all traders. For dxy, im still viewing the market as a major downtrend As of now, im viewing it as a possible descending triangle Most probably we might see some retracement happening within the triangle then further downside Once support is broken, then we should see continue selling on a long term. Cheers!
dxy still going bearish, it has no signs yet for a trend direction. these are my zones that i will look for sells or buys.
hi all traders. Morning! As shown in the chart, the bear flag is still intact And so far, we have seen signs of bear defending the area as shown in the callout box If there's any break out of this bear flag, we should continue to see this dxy to continue going downwards. Cheers!
Hi all traders, DXY is still showing weakness Have broken out of the flag n heavily rejected as such, continue to sell dxy.
Good morning everyone! Following dxy closing out of the flag, we are waiting for more confirmation for it to break below 92.95 If broken , we will have confirmation of more bears for this bear flag to confirm and continue. Cheers and stay safe!
Hi all traders, Morning! This is daily updates for dxy. As you can see from the dxy, we might be seeing a potential bear flag. If we were to break out of the trend line , we will see potential downwards movement, any further low , previous week low must be broken to further strengthen the bears on it. As usual, any buy for dxy must be only above DAILY...
Hello Sophisticated Trader, Our long DXY from Last week did go and test resistance. This coming week, the $DXY has seemed to test a double top and is likely to test the bottom back at 96.25. So, I'm looking to short the DXY for a test of the bottom of the current range to find support for the month ends. Like, Comment, and Follow. Let's Make Money...
Hey tradomaniacs, DXY has created a S/H/S-PAttern with the last shoulder right at the trendline of the trendchannel. This should give us a high probabillity setup and so a good chance to buy major-pairs against US-DOLLAR. LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow...
As you can see from my previous charts analysis was correct, price couldnt break resistance so we were looking for sells on the lower TFs now price is testing resistance and should break through so we look for buys With this happening the USD is gonna dump all over the place so look out...
The DXY is currently consolidating in this area on the monthly chart.. from what i can see price is being rejected heavily from above When price eventually breaks support I am going for a LONG ASS SELL
DXY BEARISH Please leave a follow and like if you find it useful and I will keep posting for you guys!
Dxy chart looking at the daily it is a pretty tricky one here because last week we had a break to the downside and we have a break to the up side and a very very wide move, so this move to the downside and what happened was we're gonna see if this is a correction and continuation or if this was the impulse, And as we can see on the daily timeframe, Dxy did close...