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Usdollarshort

USDOLLAR before 0.51% decline... The exchange rate does not follow fractal rules for the time being. Therefore I used ATR axis strategy. The white ATR axis indicates that the exchange rate movement is strengthening towards the south. And the green and brown shafts are the standard MA100 and MA200 shafts. Currently, the intersection of the MA100 mirror axis and the ATR mirror axis has stopped further dollar index appreciation. Therefore, I expect further adjustment from this level. Target price is 12336.
FX:USDOLLARShort
by meszaros
USDSGD forex cross pair supply and demand analysis forecastUSDSGD Forex cross pair is in a clear downtrend creating new supply levels on the way down. As supply and demand traders, we should be interested in trading very strong impulses that end up creating new supply and demand imbalances. Price action together with supply and demand technical analysis is the perfect combination. Trading is a waiting game where we should be stacking as many odds in our favour as possible. Being impatient will end up getting you in trouble by chasing the trades and causing unnecessary losses. USDSGD cross pair forecast is clearly bearish with very strong supply levels created around 1.36 and 1.37. There is still room for price to keep on dropping further. The US Dollar and Dollar Index DXY is getting weaker in most Forex Cross Pairs, this is helping USDSGD Forex cross pair to drop as it does creating new supply levels on the way down.
Short
by AlfonsoMoreno
DXY weakness comingWell if you see my other recent trade ideas just posted (AUDUSD, EURUSD, and USDCHF) I'm expecting US Dollar weakness. There's a lot going on on my chart but I don't care it's what makes sense to me. Main focus is the major exhaustion candle formed last week. Also talks of the 4th rate hike not happening this year anymore could cause some trouble for USD. I'm only looking at shorting USD at this point. Invalidation would come into play if higher high's are made.
TVC:DXYShort
by davidshinkel
1
DXY prepping to crack supports underneath Bearish divergence on the daily chart is very clear. Also if you check the weekly chart, we had a clear SFP formation which is also a bearish signal. RSI gave confirmation of breakdown when it made a "lower low", this upward movement we saw today is a an opportunity to long the majors- EURUSD, AUDUSD, GBPUSD and NZDUSD. Invalidation of my idea is clear, if daily candle closes above 97.20, I will exit my longs from the majors.... BUT BUT BUT.... If DXY touches the red block marked in the chart, that would urge me to enter longs on the majors which would be a nice R/R trade as marked in relation to downside on DXY's chart
TVC:DXYShort
by RikBruno94
USD Downside trend projection.Firstly fundamentals: Trumps specific policy, his trade wars, etc. makes me think, that US Dollar index is under big pressure, and it might affect with a bearish movement for that currency. In the other hand, if we look what happens on the chart, we can see really strong supply zone, that has been respected by DXY. In my opinion USD is going south, with the targets that I have marked. Taking everything into the conclusion, my long term view of DXY is bearish, and seeing it on the 88 level is just matter of time.
TVC:DXYLong
by koralesky
1