DXY Dollar Index Short: and now, down again to 93-92DXY Dollar Index Short: and now, down again to 93-92. Further updates could follow. For any questions, just leave a message. Stay tuned & good trades... mav
Dollar-index
DXY - Dollar index setupsLooking through dollar index we're on a corrective phase right now.We're looking to break the correction for more upside until 97.00 area then from then we would have an ABC correction finished so we would look for downside targeting 94.30 area.So the way it looks now we'll have an upmove to 97.00 then downside to 94.30.I'll be looking to enter after confirmation on lower timeframes.Trade your plan
DXY DOLLAR INDEX PREDICTION: long for now THEN shortOverall we are looking at a bearish trend for the dollar index, however I do see some temporary support on the 4hr for a nice little bullish trend before following up with the continuation of the bearish downtrend. DXY may also hit this 618 fibonacci zone using our fibonacci retracement tool when looking at the last major swing on the 4hr.
US Dollar Trade PlanUS Dollar has shown very little price movement since the 2014 bull run. US Dollar has stayed in a tight range and based on technical indications we could be seeing one more low before a catapult to higher highs.
US OIL , GOLD , SILVER, EMERGING MARKETS
Rapid movement in US Dollar can have a big impact on USOil as well as silver XAGUSD and gold XAUUSD. Higher US Dollar can also have a big impact on emerging markets EEM and we could see money flow from US into other investments.
DXY - USD Dollar Index could change Long RR Ratio >3:1DXY - USD Dollar Index could change Long RR Ratio >3:1
DXY - Short rally before the bears take controlI'm anticipating a short rally on Monday before the bears take control and we firstly re-test 95.50 before heading back down towards the trendline at 93.80.
A short entry at 96.60 will give me a 1.1:1 R/R shooting for 95.50 with stops moved to break even at this level for a risk free trade.
Speculative short today DXY Dollar Index down to < 97Speculative short today DXY Dollar Index down to < 97
USDJPY short trade - speculative, but worth to try itDollar in correction mode: for this reason, USDJPY could go down, too.
INDICE PARA AMANHA , TOMORROW brasil > com o dolar despencando , o indice vai da um grande pulo ! boas compras
Usa > with the dollar falling, the index goes from a big leap! good long
$DXY, Dollar Index Roadmap after Brexit Dust Clears - July 2016Initial support is seen at 95.95 – 95.75 followed by lower support at 95.0 – 94.75.
A bullish follow through above the first support with a breakout above 96.55 which marks the bull flag’s high could signal a longer term rally that could see 97.45 followed by 98.55 levels being marked as the minimum price objective here.
The bullish view could, however, turn weaker in the event that the dollar index slides to 95.0 – 94.75 to mark a retest of the H&S and price channel breakout level. In such a scenario, US dollar will be likely struggling to breakout above 95.95 – 95.75 which could potentially turn to resistance and put the bullish view into question.
Your likes and comments are really appreciated guys, thank you for all the support and trade safely.
Thanks.
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DXY - downside movementDXY is in a daily correction move after an upward impulse, but on the lower timeframes after a sharp down movement, it is correcting and we have MACD divergence. Im waiting for it to break to the downside touching at least the recent lows at the 61.8 fib level before going up again.
DXY Dollar Index on 4h Charttouchdown at 96,xx Area. For any questions, please leave a message or a comment below. thx.
XAUUSD Gold Short - after FED Event & before "Brexit"for any questions, please leave a message or a comment below...
there it is: bullish (falling wedge)there is nothing to describe. The wedge chart pattern signals a reverse of the trend.
Dollar devaluation: A clear relief valve for US economic policy As the FED continues to push for policy normalisation, it is unable to do so and maintain its mandate for keeping stock propped up (more formally known as the 'wealth effect' or explicitly acted upon in the eyes of 'ensuring market stability').
A pricy dollar does not economically benefit the US, for example: with much exposure to energy junk debt through its banks, the devaluation of the Dollar helps support the revaluation of Oil despite the continued glut. This helps stabilise various risks in the economy which poise risk to policy normalisation.
