My December 21 idea came true. Now it’s more clear where the dollar index can go. I added some markup changes Feel free to hit the like button :-)
Dollar index continue downside move
Dollar index next move weekly forecast
Market Shift has occurred on the DXY during the last quarter of 2018 with equal lows at 93.20 being run to take out short stops. A retracement higher throughout 2019 saw price struggle to move higher to the 100.00 round figure number.this being 61.8% retracement of the previous swing. We had a entry confirmation on the SAR and ADX confirming to go short with a...
DXY - Fall to 94 due to Coronavirus infection and Whistle blower coming forward. The whistle blower reported that they let all US healthcare workers work without proper equipment. They have opened a lawsuit against them. COVID-19 has now spread to over 9K of people in California due to these healthcare workers and they are in Quarantine.
Doller tried to go back upside as already seemed retrace complete but another down move occurred. We can target 61 fibo level as next support . Happy Scalping
DXY started to move down continuously . Now it is targeting fibo 50 level on 4 hour tf. After channel break on 15 minutes it would be best for go short.
Doller was rising extremely since last week . But its sitting on a very strong resistance level .
Dxy has hit a resistance zone and had a big rejection here on our 4hr. Expect dollar sells
looking to Short dollar at a daily supply during fomc press conference in 30 mins
DXY Trading Plan >H1. Trading CFDs on margin carries high risk. Please ensure you fully understand the risks.
If you thought the dollar was on its way to a new high, think again! Last week, the dollar was on a strong uptrend until it stopped at the resistance line at $ 98.3 and started to fall. The Stochastic also indicates a trend change or a trend ending. The Ichimoku Cloud Indicator changed to a red cloud meaning a bear cloud Target: 97.5
A bearish trend on the daily graph according to the Ichimoku Indicator. The dollar failed to generate upward momentum and returned to fall, the dollar entered the range between 95.4 and 97.4, because of our proximity to the resistance line and the other reasons stated above our recommendation is to sell. Target: 96.2
DXY approaching support at 97.13 where it could potentially rise further to 97.86. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
DXY bounced off 97.59 where it could potentially rise further to 97.90. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
DXY bounced off 98.68 where it could potentially rise further to 99.67. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.