The forecast for the upcoming value of the DXY is positive, with a range of 103.00 to 104.50. This is based on the expectation that the FOMC will not change interest rates at its meeting on August 22, and that the US GDP report and other economic data will be strong.
However, it is important to note that the forex market is volatile and unpredictable, so the...
Bearish Indications
1. Lower Highs and Lows
2. CXY is bearish & SXY is bullish in 2H TF
3. No Divergence
4. Shooting Star at LH
5. Trend line not broken
Bearish Indications
1. Trend is Mature Enough
2. On Larger TF it almost completes Bullish ABCD Pattern
Indices on 2H TF
DXY => Bearish
JXY => Bullish
ZXY => Bullish
AXY => Bullish
EXY => Bullish
CXY =>...
