Dollar Index is consistently rising due to uncertainty and global supply chain distribution. DXY is trading in channel pattern also it is trading at resistance zone as shown in chart. According to chart pattern analysis we might see further upside in Dollar Index Thank You Vivek S.
SL =106.800 wait time 7 day in 102.5 area after pinbar comes on high timeframe we can buy too good luck , use very low size
technical say if big news not come , DXY must see 100.00 area if big news comes and DXY break 103.00 can go upper to 111.00 above green arrow we can pick buy ( wait pinbar comes on 1hour or 4hour or daily chart ,then buy with SL in pinbar low) good luck , DONT USE LEVRAGE ABOVE 1-10 , GO AND REDUCE YOUR LEVRAGE , HIGH LEVRAGE =BIG SIZE = FAST,EASY...
At one point, there will be a mean reversion trade here. Until then, not sure how much more this will go in opposite directions. I still believe if the dollar is strong, buying international bonds cheaper then they've been in a while might see some action. Investors will be able to limit risk and improve returns by focusing only on the countries with the most...
if dollar index break last high,can go upper to fibo 61% (put buystop possible) all sl=0.500 if you have old sells,you must close all or hedge them near 94.90
if dollar break this red trend line,can start down trend
if dollar index break low , 90% will crash to 61% level even more and buylimit around 92 (after posation go to profit = avrage 1hour candel size ,move sl to open price)
dxy can little go up but we predict it is near high and will start big down trend 3 powerful place for sell dollar index
and break 91.70 support will start down trend 70% dollar index want go up , for now put buystop on high is best action and looking buy in deep(with SL)
AC (accelator occilator) on daily chart turn red , we advice sellstop in yesterday low, if low break ,down trend will start ,can crash to around 90
green arrow= limit order place with sl=0.5 we predict dollar will go up to around 95.000 then will crash FOR BETTER VIEW ,ZOOM IN/OUT ABOVE CHART freecotdata.com
in next days dxy can go upper , we predict dxy will see red arrow then will crash to 92 even 88
sl=905.570 alert=if price break high , dollar index,can fly up (powerful place for buystop)
so it must little go up then start new down wave ,if can break red line , fibo 161% 88 is seller target if you sell in up,100% put sl near 90.245 for next days advice=looking buy on germany index dax FDAX1! and gold and silver ,have powerful buy (in next 30 day)
target 1=91 target2=88 for next days we advice buy gold ,silver and sell germany index DAX FDAX1! then wait 10 day
if dollar break high ,must break Ema200 daily then can see fibo 261% 94.5 if dollar move down frist target is 61% then trendline fibo 100% if can break low it will see fibo 161% even 256% 85$(we predict 3 month ago) so 95 or 85 will fill ? best trade for march 2021 but with SL on high,low= buy gold ,buy silver ,buy nazdaq sell dax sell gbpusd sell dow near33000