DXY USDindex Continuation trade: 👉🏻 As mentioned earlier, price did not break higher, we could see 92.350 to be reached for now
DXY USDindex Long Setup Continuation trade: 👉🏻 Price made a bullish impulse from the NFP data, this could be some more strength in the coming week. Of course a favourable scenario is some pullback to the previously broken 92.300 area.
DXY USDollar Short Setup 👉🏻 The dollar is moving unusually coherent with gold at the moment, however it is pretty much moving sideways. Previous highs of 93.4, 94.3 and 94.7 has not been broken, neither is the lows of 89.5 and 89.2. The recent drop from a rising wedge could lead so some further weakness in the dollar
Hello Traders! I expect 5 waves down for the euro against the dollar based on the recent price action. We see risk tone rises witch favours the dollar as new lockdowns occur. Have a great day! Vitez
EURUSD. Last Updated was on 25/5/21.. Price of EURUSD maybe still forming a triangle, now moving toward around 1.1800 a major demand zone..
The DXY has just formed a MA50 (blue trend-line)/ MA100 (green trend-line) Bearish Cross (BC) on the 1D time-frame. This alone has mostly been a sell sign in the past 4 years. What I am particularly more interested at is a similar occurrence I spotted on the fractal from 2017/ 2018. The USD Index was trading on a 1 year Channel Down when the 1D MA50/100 BC took...
Dollar Index momentum turning bullish on the daily time-frame. The break of the ascending triangle suggests that USD turns bullish at the start of next week for the long term. Happy Trading folks! Cheers!
This is my ideas on DXY based on fibs, trend analysis, supply and demand zones, HH-HL-LH-LL... Hope you like it!
USD INDEX TO $95 ? Type : Long Price : 90.40 - 90.50 SL : 90.35 TP : $94 - $95
Price bounced off the weekly demand area last week. Looks like NFP will be for the dollar this Friday if this structure holds. Safest to wait for breakout retest departure then enter . Fake break outs are possible and price could turn bearish and turn this into a false structure. Price could come down from the right shoulder to form a double bottom, that is...
DXY USDindex Long Setup Friday closed a daily engulfing on an ascending trendline. H4 Timeframe: Broke previous structure, may look for pullbacks to fill up the smaller timeframes' imbalance, before some gains
Pattern: Channel Down on 4H. Signal: Two sell positions, one now and the other in the event of a 0.786 Fibonacci spike, similar to what took place after the previous two 4H Golden Crosses. Target: 90.350 (the bottom of the Higher Lows Zone). Most recent DXY signal: ** Please support this idea with your likes and comments, it is the best way to keep it...
DXY is overall bullish trading inside the red channel so we will be looking for Trend-Following Buy setups as (if) it approaches our lower red trendline. Knowing that DXY can still trade higher from here, to reach 94.0. Here are the two strong zones where I will be looking for high probability setups: I call them War Zones , (highlighted in Purple circles) ...
While all the talk in the town is against USD, My view is for stronger USD at least to the next target 94 ish mark, if not more. Trade is invalidated on a daily close below 88 Weekly RSI divergence also supports the idea thank you
Im looking for more deep retracement for USD Index, before continue buying the USD. Formation flag chart pattern will confirm the USD to continue in UPTREND movement