USDOLLAR trade ideas
US Dollar Index (Monthly)- Breaks downside long term uptrend.US Dollar Index (Monthly)- Breaks to the downside long term uptrend.
US-dollar index 20 April 2020Regardless of the DXY setup this index looks more bullish, I will be staying out of the market with this one for a while.
US Dollar to make a comeback this week?US dollar took a hard fall this past week, now its found a level of support and has the potential to go on a bullish run to Retest the previously broken structure low. As long as price does not break the previous LL, buys counter trend buys are still valid.
USDOLLAR extremely oversoldWhatever timeframe you look at the USDOLLAR is oversold. Take small long position and add when getting confirmation.
US DOLLAR BUY ANALYSIS US DOLLAR IS AT A 2 YEAR LOW. THE TECHNICAL ANALYSIS IS SHOWING A REVERSAL INTO THE UP SIDE. BUY US DOLLAR
USDOLLAR Bullish insightThe USDOLLAR can find strength this week as the bearish move has been over-extended now. If we see the 4H creating Bullish Structure, that will push the Buyers in and we can see a domino effect on all the above time frames like the Daily and the Weekly.
US Dollar Index outlook for the Week.Even though the outlook is Bearish on the Dollar Index, it is at a tested Liquidity zone. We can expect the Dollar Index to either move down, break the strong Demand zone and continue it's downwards trend. Or, break the recent Lower High and move upwards to the Supply zone where we had seen many previous rejections.
Time to buy USDOLLAR Index!It might continue downward few candles more But the vertical line shows a good time to buy !
US dollar Possibly a long movement due to ending the corrective move beginning of impulsive move towards north.
USDOLLAR on very strong support zoneUSDOLLAR on very strong support zone and missing information of head and shoulder look like. 1.2205 can be support zone for day trade if more fall. And we might see USDOLLAR for bull soon.
DOW JONES do not give up!keep on looking for buys on this pair. On lower time frame watch for price action for you to buy
USDOLLAR Crash?USD is about to reach its worst state in 2020 earlier this year.. Now price is at a key support area, if support not holding, we can see USD crash to the next low.
My bias is that USD will continue to go down to the previous low. Buyers are buying DXY to show rejection but betting on something with live economy contradicting the market is just gambling.
With the current state in US, I'm short bias.
*Please note that I am no professional trader, like most of you people. I am still learning and know that trading is only a possibility game. My analysis does not mean it is a signal for entry. If you would like to enter with my analysis, please see if it matches with your analysis & thoughts. I will not be liable for any losses incurred :D *
USDOLLAR SHORTSupport level did not hold resulting in a breakout for the USD, USD weakening, we are usually looking to LONG ***USD pairs and SHORT USD*** pairs.
*Please note that I am no professional trader, like most of you people. I am still learning and know that trading is only a possibility game. My analysis does not mean it is a signal for entry. If you would like to enter with my analysis, please see if it matches with your analysis & thoughts. I will not be liable for any losses incurred :D *
USDollar Analysis Break And RetestAlthough the higher timeframe bias is short.
I still go for long,, for the shorter time frame bias.
If USDollar is bullish, then GBPUSD will trend down
and if the USDollar is bearish, then GBPUSD will continue its main trend (up trend)
this analysis is for the confluence of my first analysis
DOW JONES buying zone 1229?on lower time frame we will look for one more down wave to go and test 1229, on that price look for bounce setups to buy
USDOLLAR LONGWe can potentially see an upside for the dollar as it made a new high, and retested trendline. Currently, I am biased towards buying the dollar hoping it to reach previous support resistance, before coming back down for a trendline retest.
I will not be excited for longing it now. What I really want to see is a retracement after resistance to the trendline and take a long position as it offers a higher probability with a good risk-reward ratio. However, this is in the daily timeframe, any chances to the market condition may cause my analysis to be inaccurate. This perfect setup can be easily voided if news/economy does not go as planned so please take it with a pinch of salt, this trade can be invalid any point of time.
*Please note that I am no professional trader, like most of you people. I am still learning and know that trading is only a possibility game. My analysis does not mean it is a signal for entry. If you would like to enter with my analysis, please see if it matches with your analysis & thoughts. I will not be liable for any losses incurred :D *
US Dollar breakoutIs that a breakout or what, like I said put an eye on the chart and an ear on the fundamentals.
Manage your trades!!!
Time to go short USDollar Index or Buy EUR/USDIt might continue upward few candles more but uptrend is done and it is time to go short!
