Is this a possibility? Although I am remaining neutral, I expect a rally in the coming weeks. This is a possible outlook on the Dollar index. I would like some engagement and some opinions from the community. Please share your thoughts and chart ideas.
We are going long and then short. The price action indicated that DXY would fall but looking at it . It seems that was temporary , i expect a test to the 96.00 Level before actually pull back on US Dollar index . Fundamentally: There is no reason EURUSD would be at 1.1630 area , So US Dollar will fall Geopolitically: Yes there are rumours driving it . LONG...
We have seen dollar index breaking the channel around 61, 8 fib retracement level and further continued with more bearish movement all the way to the 92, 70 area and support holding nicely. Slowly DXY is gaining some more bullish momentum and we expect dxy to extend it's gains all the way to around(97,00 -97,37 area) till around 38, 2 fib retracement level ,...
Hi EveryBody!, The sun seems to be shining on the US Soil, DXY broke it's resistance so now let's profit from the USD beeing Strong for now! Christmas is at the doors and business in good in the US during this time. USD will keep it LONG until 2016-12-07, So Good luck Everything is on the chart. Need explanations ? ask your questions. Need my Idea on any...