Despite the fact EU trading in correction, I've spotted an area where traders should pay attention to, the price has already tested the major resistance level between Aug-Sep. Consider below reasons for selling market. 1. EURUSD is now trading below 50% and 61.8 fib ret. This is clear indication that EUR could continue trading low against Cable. 2. Another...
Beautiful breakout above 92 as shown the related chart below... right now in bullish territory... Important levels marked for next week. Like... Share... Follow...
Beautiful breakout and then retest and again reaching out to 115+ important reversals marked... Like... Follow... Share....
Dollar Index on Daily TF moving for major retest for next upside Targets as fed will continue to increase rate by 100bsp so its good to buy Dollar
Beautiful uptrend.. So what next... Some retracement and continue the journey upward... ? Important levels marked... Follow for more updates Do like and share this idea with your trading collegues / friends.
Dollar index has been rising form 96 levels onwards. in all likelyhood to touch 112.5+++ levels soon. resistance and channel marked...
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All the levels we could see on dxy are mentioned on chart super strong trend will not be good for risk assetts specially bitcoin stay cautious
US Dollar Index in 20-year peaks The index extends the optimism seen at the beginning of the week and trade beyond the 108.00 mark for the first time since October 2002, always underpinned by the unabated sell-off in the euro. The move higher in the dollar comes on the back of diminishing US yields, as recession concerns seem to prompt investors to seek shelter...
Monthly orderflow remains bullish, we have monthly accumulation, buyers are still in control in HTF. untill and unless i don't see any distribution on HTF, DXY isn't falling (according to me)
The US Dollar Index, DXY, is bouncing off its 50SMA (red) on the daily chart. This looks like a sign of strength in the US Dollar as it seems folks are buying this dip and a successful bounce on 50SMA can take the price back to previous highs of 105 on the DXY.
The U.S. Dollar Index is used to measure the value of the dollar against a basket of six world currencies—Euro, Swiss Franc, Japanese Yen, Canadian dollar, British pound, and Swedish Krona. The value of the index is a fair indication of the dollar's value in global markets.
Hello traders, Dollar Index ( DXY ) in daily timeframe , this analysis has been prepared in daily timeframe but has been published for a better view in 2 day timeframe. In the wave count that was performed at higher times, a progressive trend was formed and from this trend, waves 4 and 5 remain. Wave 4 was originally intended as a flat, but wave c , which we have...
ALL LEVELS ARE MENTIONED ON THE CHART take a close look at chart pattern and trade accordingly. thank you FOLLOW FOR MORE .
Dollar Index is looking bullish in all timeframes. Long View as per chart
DXY Forecast IMO Give a Like and Feel free to share your opinions in the comment! Happy Trading 😊
dxy is speaker pattern blue lines are key....entry exit these line using and stoploss and target