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Dollar-index

$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. www.tradingsignalreviews.com
TVC:DXYLong
by TheBanker
10
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.
TVC:DXYShort
by MarcusWilliamson
$USDOLLAR Bullish Wolfe Wave @ Geo's Off-Set RuleHello Traders, A while back I posted a Bearish Wolfe Wave on the Dollar Index(Linked below). That is a weekly view of strength of the dollar. Zooming in we can see that the dollar is not quite ready to make a move to the downside. Here we have a perfect setup for a bullish move. 1. The larger Wolfe Completed at 5'. This give the Geo's Off-Set Rule @12211 as a target. 2. The smaller Wolfe Wave in the triangle also gives a signal of bullish moves ahead. If you'd like to learn more about the Wolfe Wave and Geo's Off-Set rule you can visit the links below: wolfewave.com www.tradingview.com
FX:USDOLLARLong
by GWaves
2
US DOLLAR LONG TERM OUTLOOK IS GREATLooking back since the 60's the DXY chart creates a falling wedge. Which we have now broken out of. The current chart shows a double bottom that began with the leg down in 1986. This entire double bottom is accumulation. The MACD shows a divergence, which supports accumulation. This latest run up seems to have a lot of upward momentum, there is 30 years of accumulation behind it so thats not necessarily surprising. Many people are currently speculating another recession in the US economy but it is my belief we will see a strong dollar in the coming years. Maybe even a new all time high.
TVC:DXYLong
by ChartTellsAll
$EURUSD Wolfe Wave, Eyeing Point 5Hello Traders, Looking at the EURUSD pair we have a Wolfe Wave that just completed at point 4. Looking at the 1-4 line trajectory we can see that it has acted as an anchor throuhgout the formation of this Wolfe Wave. I'm looking at 5 and potentially 5' to complete. If we see completion at point 5 look for the 1-4 line as your exit target. If we make a lower AND hit the 5' line off of point 3 look for an exit at Geo's Off-Set rule at point 4. -Chartistry
by GWaves
8