DXY ANALYSIS
It has retracted to its Fibonnacci Level 0.5 (106.17) where it actes as a support and bounced back to its 0.382 (106.84) level which acted as resistance for now.
Further drop is expected to 0.618(105.5) level before another pull up towards 1.618 (112.5 ) LEVELS
THIS IS JUST A VIEW. DO YOUR OWN RESEARCH BEFORE DOING TRADE WITH PROPER RISK...
Dear traders,
As I have been accustomed to in recent months and this time my technical analysis had an accuracy rate of over 95% and I will try to continue to keep this percentage as long as possible
as I said on last weeks ... DXY reached target 1 which I set from where it rejected to the resistance area of 92600
from here I expect a small retreat and then I...
Dear traders,
As I have been accustomed to in recent months and this time my technical analysis had an accuracy rate of over 95% and I will try to continue to keep this percentage as long as possible
as I said on last weeks ...as I said in the last analysis made on July 4, DXY reached target 1 which I set from where it rejected to the resistance area of...
Dear traders,
As I have been accustomed to in recent months and this time my technical analysis had an accuracy rate of over 95% and I will try to continue to keep this percentage as long as possible
as I said on last weeks ... a closure even for 1 day over Fibonacci 618 means BUY to Fibonacci 786 as he did and where he rejected!
in the next period I will...
Dear traders,
As I have been accustomed to in recent months and this time my technical analysis had an accuracy rate of over 95% and I will try to continue to keep this percentage as long as possible
as I said on last weeks ... as I said last week DXY rejected and closed in the area 91,900 but below the value of FIBONACCI 618!
in the next period DXY is in a very...
Dear traders,
As I have been accustomed to in recent months and this time my technical analysis had an accuracy rate of over 95% and I will try to continue to keep this percentage as long as possible
as I said on last weeks ... exactly as I said DXY reached the 92400 area from where I expect a rejection to the 91900 area and after you will test and the Fibonacci...
Dear traders,
As I have been accustomed to in recent months and this time my technical analysis had an accuracy rate of over 95% and I will try to continue to keep this percentage as long as possible
as I said on last weeks ... as I was saying last week ... DXY has stopped falling and is starting to form support in this area and form W!
If the next weekly candle...
DXY has managed to broke the trend line yesterday with strong bullish candle and reached 93.50 level and currently DXY is in consolidation phase.93.67 and the .50 Fibonacci will act as decent resistance for the bull. If this levels are broken then we may expect DXY will reach 94.75 level
Disclaimer : This is not financial advice please do your own research before investment.
As you can clearly see right now DXY creating Bear flag if DXY failed to sustain
above and breaks the flag from downside then the next support will be around 95.9
and if the price goes below 95 then the technically support will be around 93.
