U.S. Dollar Currency Index TVC:​DXY

at market bear cypher advanced formation.

The US Dollar Index has made intraday highs at 95.26 levels and is seen to be trading around 95.19 levels at this point in writing. Looking into the medium term wave structure, the US Dollar Index seems on its way to accelerate Wave C lower towards 93.80 levels at least. Please also note that interim resistance should remain intact at 96.16 levels for the above ...

usd index

DXY – 2H Chart • Possible bearish pattern, with a probability of an Expanded Flat in Minuette (ii) (black), which could lead towards a bearish impulse in Minuette (iii) (black).

As you see at chart monthly, 2 steps bearish reversal dolar : the golden cross MA & the harmonic bearish 5-0 pattern. Lets see...

The USD is still within a short-term range but yesterday's false break of the floor 94.90 is encouraging for bulls.

buy

Trade Alert DXY is currently stuck within a range between the 94.95 and 95.35 levels. Before making a move, we will wait for a break and a close on the daily chart, either above the upper side of the range, or the lower side of it. Only then we could start examining levels in the direction of the break. A break through the 95.35 level could set the stage for a ...

lol look at this so funny

Nice candlestick on trendline for dollar.

DXY has finally given us the much awaited pull back we've been looking for. Key S/R level needs to be tested for resistance, expecting price to resume its sell off after testing the red pivot, targeting the untested resistance turned support level on the downside.

Yesterday the Dollar index has flushed below the double bottom weak structure below 94.95. However, that break didn't spark the momentum for a down side continuation, instead, it has created a big look-below-and-fail pattern that is essentially called an end to the down auction with an excess. Now we are going to work with a bullish directional bias on the Dollar ...

D1 resistance

Ahead of the data releases today, this post elaborates on why these indicators matter for the economy and what exactly they show. To begin with, Capacity Utilization refers to how much of available production ability has been used in the past month as a percentage of the total production ability. Naturally, the higher the Capacity Utilization rate used, the ...

Earlier I posted an update on the EURUSD chart which could see another leg up for wave 5 which coincide with DXY chart. Happy Trading, folks! Cheers!

D1: - Tendency: Downward - Break and confirmation --> DOWN

As the story continues to unfold on hourly chart depicted here, the US Dollar Index seems to be a candidate to be sold on rallies. The index is said to be trading around 95.14 levels at this point in writing, and could be looking to test 95.60/80 levels before the drop continues further. As an alternate, the index could be seen dropping towards 94.50/60 levels ...

DXY heading lower because of stock market risk and end of 10 year bull run along with rising trade tensions. In a previous idea, the price briefly broke below a descending triangle pattern I recognized but then increased to the recent highs. This time, the dollar will not be so lucky