USDOLLAR Targets Lower LevelsUSDOLLAR is about to breakout of the Head and Shoulders pattern. Cheers!Shortby Bandarsq4414
A case for lower rates for longer and a weaker USDollar ahead.1) In his first presidential debate with Clinton on September 26th, Trump said “Believe me, we are in a bubble right now, and the only thing that looks good is the stock market, but if you raise interest rates even a little bit, that’s going to come crashing down. We are in a big, fat, ugly bubble.” 2) If Donald Trump really aims to bring manufacturing (and JOBS) back to USA, then, beyond other things, he must also think about additional preferences for future US exports (Exporters), including the benefit from a weaker national currency - USD. Thus we have a case of cautiousness with rising rates combined with a necessity of lowering the USDollar value. As always, only time will tell.Shortby vitaly.tsarikUpdated 1
SELL USDThe dollar index reach the highest value ever. It´s time to retrace and go shortShortby Cambista4
Wedge + Elliot wave on Dollar IndexOnce price breaks trend line, market will be headed to the missed pivots (MP). You could use this with correlation to forex pairsShortby derekvela3
US Dollar Yearly HighsStrong US fundamentals keep supporting an upcoming rate hike and as US Treasury bonds keep selling off the US Dollar which has already tested its yearly high will likely rally to the upside and form new highs. Key resistance levels to be expected at 12,400 12,500 and 12,600 levelsLongby Lifestudent386
USDOLLAR DJINDEX FXCM short on weekly chartUSDOLLAR DJINDEX FXCM short on weekly chart SL = 12253 ENTRY = 12060 TP1 = 11769 Two positions with the same stop loss and x1.618 target for the first position The stop loss of the second position to breakeven when the first position hits the target1. The second position has no target, only exit Risk= 2% of account capital (1% each position) Shortby mgian65Updated 0
#USD DAILY Bearish Crab 12700 completes pattern with median line of multiyear channel median line resistance supporting harmonicLongby CajunXChange1
US Dollar AdvanceWith election volatility settling, the dollar is set to continue its advance to test and break the yearly high on the outlook of a December rate hike after jobless initial and continuing claims decline steadily. Longby Lifestudent381