usdollarshort

I am looking for a double bottom, without significantly breaking through the previous highs. The facts that it didn't touch (missed) the support trend line and that it didn't make break from the old resistance are short term bearish of the USDOLLAR. Also it is below RSI 50 and its momentum is clearly bearish. When the indexs gets near 12260 and the RSI 30-35, I ...

Hello Traders, The US DOLLAR, which is a basket of major currencies weighed against the USD, is showing signs of weakness after an explosive move to the upside. Here we have 3 potential targets. The first target, and highest probability target, is Geo's Off-Set Rule #3 at point 3, followed by Geo's Off-Set Rule #2 at point 4, and finally the 1-4 target line. ...

SHORT DOLLAR AT 12169. MAJOR RESISTANCE LEVEL. STOP LOSS JUST ABOVE THAT LEVEL.

Just a look at how our count is coming. We did have an outside day with a new low on this count and a down close but it left us with a large wick as prices stayed in the trendline and hugged the lower fork line. Could just be a cycle churn but either way August 18 still looks good as the Stochastic is on slow decent to oversold.

overbought

i think its bear time

looks like The Dollar will revisite 11700 area.

Shorter term view: determinism + free will = controlled free will

This is the longest USD chart I could find. Again, determinism + free will = controlled free will.

Watch the lines.

Hello Traders, In this Wolfe Wave I want to highlight the internal moves between the points. Points 1-2: You want to look for an abcd pattern in the development of points 1-2. Though it is not always the case this usually helps define whats coming later on. ab=cd Points 2-3: Similar to 1-2, 2-3 also forms an abcd pattern. 2-3 is typically the longest wave in ...

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The USDOLLAR index has broken its upward channel and now seems free to go to the next resistance level of 11855. This couls spell a short term rise un EUR and GBP v USD.

USDSGD at critical support level.

USDOLLAR INDEX H4 FORECAST NEXT WEEK: I think price will drop into 72Fib and then move up to 162Fib. But i have doubts about the upmove to 162Fib since both COT-data and accumulation-levels signal bearish developments. Another conflicting source is the seasonal chart of the USDX. This chart show clearly that USDX weakens in pre-election period.

The DXY - US Dollar Index has broken a channel that has been holding the upside for several weeks. This is a clear signal of Dollar Weakness to come. From a fundamental perspective, this week the FED did not seem all too dovish in it's statement, but at the same time it was lacking the main component for broad based USD Strength - A clear signal for March. ...

US Dollar -- Ascending Wedge Daily -- buy / sell the break

The market is repeating itself with lower values and has formed a classic double top. I think the increase we are seeing now is Yellen hype. A push up will close out shorts then the market should fall to the neckline support.