Dxylong
DXY create bearish butterfly pattern. So, BUY NOW....
08 JUNE 2022
DOLLAR INDEX MY VIEW-
N.B-In this situation DXY chart short tram create butterfly pattern.
So, If break out 102.645 resistance zone then market bullish to 102.715 AND
102.830 & 103.050 Resistance Zone. If break our 102.220 support Then Sell SAVE.
DXY create bearish butterfly pattern. Short BUY, long SELL
DOLLAR INDEX MY VIEW-
N.B-In this situation DXY chart short tram create butterfly pattern.
So, market seems bullish 102.220 AND 102.600 Resistance Zone. Then Sell SAVE.
Hello Traders, here is the full analysis for this pair,
let me know in the comment section below if you have any questions,
the entry will be taken only if all rules of the strategies will be
satisfied. I suggest you keep this pair on your watch list and see if
the rules of your strategy are satisfied.
Dear Traders,
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DXY US Dollar Index #DXY has grown and heading towards a minor trendline that has served as resistance for the bullish correctional pattern which It just broke out from within price range of 101.62 I want to belief that this would take price to a MAJOR demand zone around $100 before the rebound, but economic events might act a good catalyst for the Bullish movement of US Dollar Index also. My hope is that price would go back to test it recent high around $105.00 if this happens
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XAUUSDHello Traders and Subscribers.... Thank you for taking your time out to check out my Precious Metal Idea out...
General Sentiment= #DXY has grown and heading towards a minor trendline that has served as resistance for the bullish correctional pattern which It just broke out from within price range of 101.62 I want to belief that this would take price to a MAJOR demand zone around $100 before the rebound, but economic events might act a good catalyst for the Bullish movement of US Dollar Index also. My hope is that price would go back to test it recent high around $105.00 if this happens
Technical Idea=== #XAUUSD broke out of a major falling trendline to the upside and seem to be trading towards a bearish structural pattern since price has just retested a major supply level, I am of the view that $I,852 is a very key level to watch as this might take price to the nearest resistance which could turn support around $1,822. A strong violation of that level might push price downward towards an horizontal resistance level which is the recent low $1,754.
GOING LONG ON DXY. LONG TERM SWINGSpeculations with respect to technical analysis is seen that DXY has prospect of going bull,
$100 and $98 is seen as the nice entry for a bullish run,
TP @ $114
DISCLAIMERS
This is not a financial advice.
Trade with caution.
Use Proper Risk Management.
Martin I. Sylvester
Financial Market Analyst