She's going down guys. We can see that DXY has hit the 0.5 level of the fib retracement and bounced off ( or In the process of doing so) and we can see that Gold has come to retest the support of my upward channel that it broke down from last week and that's all I need as far as confirmation to short the gold. But when DXY reaches the top of it's downward channel...
Since the end of May, DXY is trading in a clear up trend, putting in higher lows and higher highs on our chart At this moment the index is trading exactly in resistance and NFP today could be the trigger for a break Such a break could accelerate gains towards the next important resistance at 96 zone
Dear traders, As I have been accustomed to in recent months and this time my technical analysis had an accuracy rate of over 95% and I will try to continue to keep this percentage as long as possible as I said on last weeks ...as I said, DXY went down and hit my lka 93500 target and now ... I will keep looking for SELL up to 92000, at the first close even for 1...
We see a deviated breakout from the trend and a continuation downward
Here is my idea on dollar index, expect price come to correction area. If you have any idea, comment below and don't forget give thumbs up
This is an educational + analytic content that will teach why and how to enter a trade Make sure you watch the price action closely in each analysis as this is a very important part of our method Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
DXY has hit the bottom of the channel, apparently in my opinion, the market will respect the channel support, and we can look forward, retaining its upward trend. However, it is a risk I am happy to take, for a BUY trade.
Dollar index performance for this month. expect for bearish target Imabalance daily
Dollar create hidden bullish divergence with Cup with Handle pattern!
as I said on March 21 ... DXY is in a strong downward trend and if for 1 week it rejected 3 weeks in a row from the Fibonacci 0.5 area, I expect it to continue the descent to Fibonacci 382! ...exactly as I said in the last 3 months DXY rejected from the 786 Fibonacci level and went down thus closing the Fibonacci chart that I drew 3 months ago! From this area, I...
This is an educational + analytic content that will teach why and how to enter a trade Make sure you watch the price action closely in each analysis as this is a very important part of our method Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
as I said on March 21 ... DXY is in a strong downward trend and if for 1 week it rejected 3 weeks in a row from the Fibonacci 0.5 area, I expect it to continue the descent to Fibonacci 382! ...even if it climbed to the Fibonacci 786, DXY continues its downward trend we were talking about and will reach the Fibonacci zone 0.382 where it is a very strong area ......
DXY has reached the strong support and possible raise soon
DXY create new trend line and will touch the support and start grow up soon. If you have any idea, leave comment below and give like. Thank you
This is an educational + analytic content that will teach why and how to enter a trade Make sure you watch the price action closely in each analysis as this is a very important part of our method Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
DXY will create correction before grow up.
Dollar going to bullish, its create hidden bullish divergence with bullish butterfly!
Dollar currently in Fibo 0.618 support with hidden Bullish Divergence!