U.S. DOLLAR CURRENCY INDEX LONG UNLESS WE GO INTO A RECESSION LIVE MARKETS U.S.-Durable goods rebound at end of what was likely a historically bad quarter
* Major stock indexes gain, Nasdaq in the lead * Materials, tech biggest gainers among S&P sectors; Utilities lag * Gold higher; crude, dollar down; US 10Y Treasury yield ~0.59% NE…
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TITLE/DATE BUY DXY/USD
ASSET forex/ dollar (dxy)
Platform-MT4
ENTRY 1 93.48✅ (market execution)
ENTRY 2 92.28 buy limit order
SL 91.98
TAKE PROFIT 1 $94.58
TAKE PROFIT 2 95.58
TAKE PROFIT 3 96.58
TAKE PROFIT 4 97.58
TAKE PROFIT 5 98.58
status- entry 1 active
Dxytradingsetup
DXY - BIG MOVESPreviously at the marked level of support price shot up through a level of resistance and all the way to the second level of resistance
I anticipate the same thing happening again.
I placed a buy last week and price shot up only to come back and test support BUT i see price shooting off again to the moon
DXY Q3 Forecast in my Opinion.Weekly - 1st week of June the market shorted through a strong support level with no retest.
Daily - Market is retracing in a corrective manner. Investors moving money to safe havens like Gold and Silver.
4HR - Market is discretely in an uptrend and expecting a push towards 98.00
1HR - Watching for how the market reacts around 98.00 and the 68 fib level.
REMEMBER ITS NOT ABOUT THE LEVELS ITS HOW THE MARKET GETS THERE!
Short $DXY against 98.00Hello Sophisticated Trader,
Our long DXY from Last week did go and test resistance. This coming week, the $DXY has seemed to test a double top and is likely to test the bottom back at 96.25. So, I'm looking to short the DXY for a test of the bottom of the current range to find support for the month ends.
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Dr. Lydia Smith
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on DXY with different time frame chart analysis:on one day chart it is clear to see that the price move is always big whether falling point or rising point.
Price has already taken its turn from long corrective wave.
on 4 hour chart following a parallel channel and breaks resistance line, in down direction
now coming on 1 hour chart
the price movement is very slow and a bullish channel is forming.
#dxy - Holy-Shit-Fly - WTF!!!That's it, and it's not gonna be fun.
No more trust in the EURO!
Capital flight to the USA on all fronts
Attention!!!
I'm not going to elaborate, but this doesn't look good at all. See links 2 years Ago!
Prepare well for it and that would be the real reason why the corona virus was pushed forward so massively for distraction.
Crisis video follows YT.