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Dollar-index

DXYHope you all good As you see dollar rallying, with couple of pretty nice demand zones below, and nothing serious above until 99.90 So we can seek for BUY setups and demand zones on smaller time frames If you don't trade DXY, Be really careful trading dollar pairs, remember, Dollar rules and all obey. So, we will look for long opportunities in pairs like USDCAD, USDJPY, USDCHF and short on EURUSD, NZDUSD, GBPUSD, AUDUSD Also Commodities like Oil and Gold Like always, I'll be glad if you have any ideas or questions, Share ! Have a happy weekend
TVC:DXY
by Aidin_Jabarpoor
DOLLAR: Possible Correction ComingWelcome to this new trading idea! We are looking at the 15min chart of the Dollar Currency Index. Price did nearly touch last highs. Looking at the daily timeframe we can see that price consolidates a lot in this area. Also there is a wick candle forming for today. Getting back to our 15min chart, price retraced and made a peak high with divergence on our RSI. After that we are looking for shorts only by keeping in mind that there are new highs above the daily consolidation zone. There is no trade for us in this currency now. But looking on the Dollar in terms of correlation always helps to determine different moves of other pairs. Example: EUR/USD is also on its very bottom, where i would love to see a retrace also. Keep in mind that tomorrow the monthly candle will close. Wishing everyone a great upcoming weekend!
TVC:DXYShort
by darian_fx
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