News Week ahead so expecting USD toward 104 if hold above 100.5. Where breakage of 100.5 may call for 99-99.5 Lets ready for Zigzags Rides 1. May's Brexit speech on January 17 2. ECB meeting on January 19 3. Trump's inauguration as 45th US President on January 20 4. Bank of Canada meets 5. China's President Xi to address Davos
Just a small update on my previous ideas regarding the DXY. Straight-forward sell set-up, strong bear div.
Take care & analyzed it again - it`s always your decision ... (for a bigger picture zoom the chart) Best regards Aaron
Continued idea from before. For some reason there is a delusional expectation that the USD will rally due to Trump and "interest rates". I strongly believe it will fall during 2017. Strong bear divergence in the RSI, as well as the fact that the RSI has rolled over.
There is a strong bear divergence on the 1W and 1D DXY chart. I believe during 2017, the DXY will fall to the low 80's. I base this not only off the bear divergence illustrated above, but my strong doubt that the Fed will raise rates during 2017, and that the US economy will continue to slow.
FOMC a head We Feeling Rates hike or not things hopefully like this overall usd 102+ may b direct from current price or little down toward 100-100.2 then upward 102-102.2 Support 99.5 Resistance 102.5
So guys, when you hear someone talking about patterns that repeat itself, this is usually what they mean. Can you see that similarity between those two cycles? Sure you do :) I am expecting this last leg to end at the TL and the 1,414 to 1,618 Fib extension area. Like if you agree, Follow and support!
Dxy trading around 101.6 where daily high 102.05 as Trend line its can Drop from current level or from 102.05 if hold above 102.2 on Daily then next is 103-103.5 where if hold below 102.2 a corrective move Expected toward 100.3-100.5 If this happen As idea Eur 1.0650-1.07 usdjpy 113.5-114 Gold 1175-78 Expected
DXY trading around 99.88 level turning point we can see any time may b from Current or 99.7 level where breakage of 99.7 may call for 98.8-99
Hello guys. Rare post from me on Dollar Index, but I've been waiting for my degree count to complete as well 3 slopes to be completed where 3rd slope is in development followed by crash. This analysis is done on pure JAFR calculations, where DXY constant number is 114.56 and degree count has become greater than this number. Since I used JAFR predestionation...
Dollar index Trading around 101.30 it can drop from current level or from its months high 102 may b top. and can retrace till 99-99.5
DXY= Dollor Index Trading around 100.4 which is years high then it can drop from current level or from a minor support seems at 100.72 If breaks that 100.72 and hold above on H4 or Daily next station may b 102-102.5
Dxy trading around 98.85 level it can drop from here as Strong resistance at 99.1 if hold above 99.1 then monthly Strong Resistance around 99.7 where if hold above that then we can see high of 100.5 which is high of nov 2015. Where if hold below 99.1 a correction as Technical move Expected till 97.6-98 where if breks 97.4 96-96.2 will not surprise but if...