DXY 4H Short Support: 99,50 This is not investment advice
I expect the US Dollar to turn bearish for some time after this week. The bearish move will quite possibly begin on Wednesday if/when ADP numbers and the FOMC minutes disappoint Dollar bulls. Initially, the US Dollar should continue it's bullish pullback. But I don't expect this to last, due to fiscal policy concerns and the unlikeness of a June rate hike. If...
Dixie seem to be struggling. It has tried and tried, but failed at several levels in a consolidated state. Looking to short from 101.5. It start likely retrace toward 90-level.
Hi Trader, A long Term Idea with the help of Bullish Gartley and Head and shoulders .
US10YY broke down on Friday. Will DXY follow next week, would have to be both EUR and JPY
as seen in previous dxy chart, irrespective of the huge fed repricing the USD finished the week lower - not a word from the fed this week so expect a potential for a hike in europe, market is pricing in first hike in almost 3 years
Ok, now I am agree with H&S on DXY I am bearish now Neck line is at 99 level, profit target approximately around 96.6 area. Bearish outlook below 101.38, 99.85 and 99.
failed to retest previous high. we should see it have a bearish trend down to the trendline plotted.
There is almost no doubt that FOMC will hike their rates. The best setup we can have for Short the Dollar. Difference between Dollar Resistance and Gold support is in no way stable. Gold is the one leading. No questions about Gold, but this one is beatiful. This time I have massive Short ( biggest position ) in Short DXY from 101.60 with no Stops. As well I...
USD Index ( DXY ) trading around 101.9 Where if we see as Technical Strong Resistance above 102.5 and a head & shoulder pattern also forming on daily chart. But big things a head that are ADP today and NFP on Friday We are expecting Result of ADP and NFP will disappointed USD . And if this happen we can see a drop of usd toward 101.2-100.5 level. Where if its...
short term trade to the down side which is going to allow usdjpy to quickly move to 112.70. i feel nzdusd will retrace to around .6949 - .7069. brought some silver too so this better play out lol.
DXY 4H Resistance:101.80 Support:101.25 -100.90 - 100.50 This is not investment advice
Simple H&S on the 1D chart, RSI failing to gain any ground. Let's see if this one plays out.
Thinking out loud again Tell me what you think in the comments Not investment advice good nite everyone
Yellen continues to beat around the bush regarding a rate hike this month. Yields have been rallying leading up to Yellen's speech but the Fed continues to disappoint by not providing a concrete decision on whether they are raising or not. If we treat this as a fake break of the trend line but more so as a box and range then we could see 2.300 again before the...
Watching the dollar index on this huge daily head and shoulders. The market formed a bat pattern. currently close to the 127..