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DXY forecast **Disclaimer** the content on this analysis is subject to change at any time without notice and is provided for the sole purpose of assisting traders to make independent investment decisions. Traders!! if you like my ideas and do take the same trade as I do, please write it in a comment so we can manage the trade together. _____________________________________________________________________________________________________________________ Thank you for your support ;) GWBFX
TVC:DXYShort
by GWBFX
3
It's All About The Dollar StoryThe chart you see above is the Dollar monthly chart showing the last 40 years..... As you can see, the last 3 times we got a cross of the Orange 21EMA & Blue 50EMA, we saw a drop in the dollar for 5 years, followed by another 5 years of sideways action for a total of 3650+ days. You'll also notice we have plenty of room to push further down on the RSI, MACD, and momentum indicators. I personally think history will repeat, this last dollar pushes up is temporary IMO and will continue to plunge throughout 2021 and beyond. I've seen many say they believe the dollar will die of strength rather than weakness, but I personally do not agree with that sentiment. I've posted about the dollar a few times in the past and I've continued to hold my bearish outlook on the dollar for several years now. From a fundamental perspective, the dollar will continue to weaken as long as the FED continues to print us into oblivion. Even if we stop, we'll likely only see temporary strength IMO. Overall, the strength we've seen in Stocks, Gold, Silver, Bitcoin, and the crypto markets shows the weakness of the Dollar, and I believe this will continue throughout 2021. It's possible we see a bounce, but unless we see a large push back above the moving averages toward the 95 level we should expect further weakness from the dollar. Remember, be patient, stay level-headed, non-biased, and ahead of the crowd. You can click the charts below to see my previous 2 Dollar charts from last year.
INDEX:DXYShort
by CryptoSyphn
DXYas I said on March 21 ...DXY is in a strong downward trend and if for 1 week it rejected 3 weeks in a row from the Fibonacci 0.5 area, I expect it to continue the descent to Fibonacci 382! THIS WEEK...even if it climbed to the Fibonacci 786, DXY continues its downward trend we were talking about and will reach the Fibonacci zone 0.382 where it is a very strong area ... and even if it rejects and rises again to the 91,950 area ... the trend is in continue to descend! NOTE: Please, give a LIKE if you find this idea useful! GREAT ATTENTION: This pair may be influenced in the short term by any news! This pair may be influenced in the short term by any newsOur analyzes have an accuracy of over 91% but due to market manipulations during this period we will avoid putting exact values on SL! We also recommend avoiding short-term trades during this period because news can appear at any time that can destabilize the market. *This information is not a Financial Advice.
TVC:DXY
by BloomFX_SIGNALS
1
USDindex - DXY - Buy Entry - H4 ChartUSDindex - DXY - Buy Entry - H4 Chart Buy @ Beak of Pivot Point Monthly 92.4097 Recommended Risk - Stop Loss @ 0.5% to 1% of your Account Balance Please support the idea with a Like 👍 Follow me to receive updates of this analysis, plus new ideas ✅ Thank you for your support 😊 Wishing you successful trading 🙏 ------------------------------------------------------------------------------------ 🔺 DISCLAIMER 🔺 The content of this analysis is subject to change at any time without notice. 🔺 It is provided for the sole purpose of assisting traders to make independent investment decisions. 🔺 You must do your own research to create your own trading plan for the market. ------------------------------------------------------------------------------------
TVC:DXYLong
by UnknownUnicorn5418842