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Dollar-index

Possible Bullish Movement comming on Dollar Index CHART EXPLANATION: We observe that price broke the Ascending Trendline and did a strong bearish movement towards the Support Zone. However, it could not break it and did a double bottom pattern, breaking the Descending Trendline. Now we are waiting a movement to the Resistance Zone at 98.30, and, if the zone is broken then it could go to the Resistance Zone at 99.30. If not, then we will wait for a bounce towards the Support Zone.
TVC:DXYLong
by ThinkingAntsOk
Short Movement on U.S Dollar Index by ThinkingAntsOkDAILY CHART EXPLANATION: On this timeframe, we observe that the Dollar Index has been on a bullish movement since March '18. However, the last year, the bullish momentum started getting weaker forming a secondary wedge pattern below the Broken Main Wedge. It has bounced at the Top of the Wedge Pattern and at this moment price is breaking down the pattern. If it manages to consolidate below, the movement will be almost confirmed. We will look for a corrective structure on a lower timeframe to take short positions. The main target is the Support Zone at 96.00, and, if this zone is broken, then the Weekly Ascending Trendline will be the potential target area.
TVC:DXYShort
by ThinkingAntsOk
DXYDollar comes to demand, will be short opportunity for commodities and pair against dollar ________________________________________________________________________________________ Golden Trading Rules: Markets are never wrong – opinions often are ________________________________________________________________________________________ I'll be happy to read your opinion and ideas if you like the idea, please give it a like for support, thanks Have a profitable day Telegram Channel: t.me
TVC:DXY
by Aidin_Jabarpoor
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