HELLO FRIENDS!! As i can see DXY is creating a head and shoulder pattern this can be next move for DXY if US inflation data is good for $ Technically it is clear view for bull move till design levels friends it's just a trade idea we are looking forward for Ur thoughts in comment session it helps alote of other traders Stay Tuned for more updates.
HELLO TRADERS , Double-Top Patterns Indicate Market Rally Could Be Nearing End as i can see the chart DXY is holding a support zone and trading under the trend line so outer middle east tensions are increasing day by day no ceasefire happen soon in coming days war is spreading to other nations that not good for $ it had still not touch 107.40 level in this...
The $DXY just rejected off of a 600-day resistance, as expected. This rejection should initiate a violent move up in stocks and crypto. Here's the trend lasting approximately 600 days, with multiple touch points. And here's the initial break of the rejection. More on this during today's show. Link in signature...
The USDXY is at two major resistance levels. An 80-day resistance and a 430-day resistance. This is very important to understand a likely high timeframe trend for risk-on assets like cryptocurrencies because, as we all know, the $DXY is almost perfectly inversely correlated to Bitcoin and the cryptocurrency market. Here are those resistance levels on a...