Wait for confirmation of breakout and boom... were going long
The DXY is on major support. I think we will go higher before falling. Good luck
Previously at the marked level of support price shot up through a level of resistance and all the way to the second level of resistance I anticipate the same thing happening again. I placed a buy last week and price shot up only to come back and test support BUT i see price shooting off again to the moon
Waiting for price to break resistance then ill be buying to the target area DXY - BUY SL - 96.180 TP - 97.647
The DXY is trying to push up but keeps getting rejected, once price has clearly broken out we will buy to the green area
We are waiting for price to break resistance then we will buy to the green area
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...
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...
Looks like the inverse chart of 10yr & SP500, over bought on H4 D1 a larger correction to the DXY is underway and another pump to stocks crude oil seems more evident
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
I'm staying bears on the dollar index guys, stocks going for another push higher
Hello Sophisticated Trader, The $DXY has finally broken above the 97.00 resistance and the 100 MA on the 4hr, this is indicating a possible move up for the bull for another test of 98.00 and possible 99.00. This is extremely helpful when trading, as the dollar index has become the main market driver. In addition, the renewed coronavirus fear most likely have an...
#DXY dollar index running out of gas stock RSI over bought on almost all TFs, a nice pull back would line up with my 10 yr pump theory and rocket launch stocks/crypto
The price is trading near the support line. Strong support at 95.94 if break 97.41 conform bullish
I think DXY just goes in for a re-test of the 200 ema, then fails for a double bottom B4 testing the 102 area again, then ultimately rolling over heading down to 89..