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U.S. Dollar Index
Updated

DXY UPDATE

397
In my last analysis below I said that I would not short DXY yet, only if it is around 106 , now I give a higher probability that DXY will try 108. WHY?

Everyone sees that this movement is nearing its end, some have already lost money because they were short before , after that - deviation, then downward movement.

When that happens, I think it will reach the last relief of this year with SPX, GOLD, BTC, and other assets.
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107 so far
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snapshot
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snapshot this is a 15 min chart, what is formed now is mostly what 4 waves look like before 5 impulsive, it doesn't necessarily mean but the structure says otherwise. We are currently in a major resistance zone and anything is possible
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snapshot how I look this chart
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snapshot invalided setup, look picture above and same some we have now
learnfromfailure
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Chart PatternsDXYTechnical IndicatorsinvestingStockstradinganalysistradingsignalstradingviewTrend Analysis
learnfromfailure
Also on:

Related publications

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.