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Dollar_index

DXY Trade Idea: Bounce or breakNote the broken level signals that price is currently in a downtrend. We will look for a slowing in momentum then a clear sign of a reverse in momentum. Momentum is the same as volatility. Volatility is violence, the fight of the bears and bulls. We are always looking at places where we can buy and sell from places of strength and weakness. The great harbingers of strength and weakness are pinbars. When you see a candle that shows an increase or decrease in momentum, it'll come from a place where price action has shown the dominant direction of momentum in a visual representation. Candles tell you the story and the tape gives you the timing. All the best in your trades For More: drive.google.com
TVC:DXY
by Money_Lab
The dollar have to pass an important testThe U.S. and China have declared a truce in the trade war, and have agreed not to introduce new tariffs, and try to reach to an agreement in the next 90 days. As a result, the U.S. dollar has been languishing at lower levels while the stock markets have been rapidly climbing upwards. It seems that investors preferred to focus on the positive signals and in particular, on the fact that there will be no new tariffs in the next three months. The dollar will have to pass an important test. The dollar index fell by 0.5% this morning, testing the support area for its uptrend. The demand for risky assets has been growing and the main reasons were the expectations of a breakthrough in trade negotiations as well as the softening of the Fed's tone. All these factors may break the U.S dollar’s upward trend.
INDEX:DXYShort
by AlexKuptsikevich
2
DXY 96 Dxy INDEX:DXY will probably go down to 96 at the end of the year. People will be taking profits at the end of the year. US Job reports is on the (+) side (at the time of this writing) 10 year bond is on the (+) side (at the time of this writing) Inflation will probably go up a bit Then we have an upcoming increase in interest rates First quarter next year, the dollar will probably go up 96.5 or somewhere in that range. Unless of course a political turmoil happens..
TVC:DXY
by bono_trade-avenue
DOLLAR POWER-PUFF BLUFF?The dollar is the global indicator for all stocks, commodities, bonds, currencies and economies. It's very important. The dollar is bouncing at the trend-line and maintaining it's upward trajectory. Our thought matrix is an IF-THEN scenario. This is the way of a sagacious discretionary trader because the market operates in an environment of uncertainty, anything can happen! FUN There's always something new on the charts and we are looking for patterns that show us recurrent human behavior in the markets. A trend is a pattern. If it breaks, then we go short, If it goes up, then we go long. If it reaches the top of the upper trend line then we go short. Remember, we are not only trading price action, we are trading the tape! We always have to look at the bigger picture to get a clearer idea of what's happening on a chart at any given time. Support and resistance is the basis of price action. Trends are a derivative of support and resistance. You have to be aware of a few things in order to make a lot of profit. There're only 3 shapes (Square, Circle and Triangle) and only 3 dimensions (Vertical, Horizontal and Diagonal). These are important in determining the levels and areas of taking trades because they always find harmonic balance at this golden mean. A break upward of the 98 area will be very telling! The movement will be sustained until the trend changes. the break of the pattern will correspond with a trade confirmed in the dominant direction for medium-long-term trades in any international (local) market. A crown rests on top of a head, which rests on top of a head, which rests on top of shoulders. Price moves in fractions of the same fraction. The Golden areas are marking a zone of previous (fresh) Supply. Supply and Demand is not the same as Support and Resistance. We will monitor price at such a level and determine the appropriate action according to price action and the tape. All the best! ***For more information click the link!*** drive.google.com
TVC:DXY
by Money_Lab
USD/CHF SHORT - Bearish Divergence 1W + Major ResistanceUSD/CHF- SELL, Talking points, Technicals: One and a half year high this past wensday. you can see the reversal patterns. Weekly divergence on weekly chart gives me the final check for a Short. Also closed the week under Recistance area Fundamentals: Thanksgiving US Holiday (Thursday & Friday), Liquidity. Sentimental: Retail FX traders are positioning in Dollar-based majors like EUR/USD: 63% of Retail Traders are Long, Despite YTD lows
Short
by DikotoMandengue
DXY SHORT - Bearish Divergence + Fundamentals & SentimentalDollar index SELL, Talking points, Technicals: 16 month high this past monday. you can see the reversal patterns. Weekly divergence on weekly chart gives me the final check for a Short. Also closed the week in Recistance/Support area Fundamentals: Thanksgiving US Holiday (Thursday & Friday), Liquidity. Sentimental: Retail FX traders are positioning in Dollar-based majors like EUR/USD: 63% of Retail Traders are Long, Despite YTD lows
TVC:DXYShort
by DikotoMandengue