U.S. Dollar Currency Index
Today's charts are closely related to the Dollar depreciation amid the global financial risks in 2016, specifically, the months of February and June as they established key levels to forecast the future of the #USD
50.14348112*FX_IDC:USDEUR^0.576*FX:USDJPY^0.136*FX_IDC:USDGBP^0.119*FX:USDCAD^0.091*FX_IDC:USDSEK^0.042*FX:USDCHF^0.036 "We can't publish this idea for you just yet" "Wow, looks like you've used quite a few capital letters here. This can SEEM LIKE SHOUTING to a lot of folks on the internet. If you could please tone it down a touch, that'd be much...
Baised to go Long as Trend line has been broken and also it broke the side ways trend Tp 0.9565 Entry 0.9476 SL 0.9330
Expecting the price to fake out below the support and next make a bounce towards the resistance. Nice almost 2 % move. Flip short at the resistance. Expecting this trade to play out in the next weeks.
USD/EUR Analysis: According to the first law of the Andrews fork, the price has 80% probability of reaching the middle of the fork. In the daily time, according to the death cross it has created, it confirms this decline.
Is the Technical bounce in the Dollar about to occur? The Euro is the most weighted against the DXY so we need to see weakness in the euro in order for the dollar to trend higher.
8 Major Currencies at a Glance 01/02/2023 Class A BULL (new high moving average difference): JPY, EUR Class A BEAR (new low moving average difference): AUD, NZD Class B Bull (green moving averages but divergent moving averages difference): None Class B Bear (the moving average is red but divergent moving averages difference): USD, CAD,...
Going short as per reasons mentioned in the chart.
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This is a series of hopefully aligning signals somewhere in that june 2023 area.
Looking at an ultra value line with a dollar pullback. Low risk trade here. If we enter into the RSI support zone, bullish continuation expected. Even if this is the end of the dollar bullrun, the bounce from this level would be a great exit.
Why get spread fucced trading DXY when you can just trade inverse EURUSD, ie: USDEUR...
Hey traders, in today's trading session we are monitoring USDEUR for a buying opportunity. As it is fulfilling the criteria of dow theory. So this is the confirmation to jump in.
The party's not over! With the sharp bounce-back from the support, dollar further gains against euro in what appears to be the greatest bull market of the pair of this year.
Technical analysis for USDEUR by GUVIE FX. USDEUR will go bearish for couple of days we should look for sell opportunities and not buying opportunities
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Friday, 7 October 2022 19:12 PM (WIB) Notes: Wait for the price touch the Support Lines and prepare buy order. Monday Morning. 11 October, 7 AM.