DXY Technical Analysis For Long.Dollar Index is consistently rising due to uncertainty and global supply chain distribution. DXY is trading in channel pattern also it is trading at resistance zone as shown in chart. According to chart pattern analysis we might see further upside in Dollar Index
Thank You
Vivek S.
Dollar_analyse
Dollar index daily : technical say it can see fibo 61% 100.00 technical say if big news not come , DXY must see 100.00 area
if big news comes and DXY break 103.00 can go upper to 111.00
above green arrow we can pick buy ( wait pinbar comes on 1hour or 4hour or daily chart ,then buy with SL in pinbar low)
good luck , DONT USE LEVRAGE ABOVE 1-10 , GO AND REDUCE YOUR LEVRAGE , HIGH LEVRAGE =BIG SIZE = FAST,EASY MARGINCALL,LOSS
LEVRAGE IS POISON ,TOXIC , pro fund,bank trader always use 1-1 levrage
International Bonds decoupling from DXY since 2014At one point, there will be a mean reversion trade here. Until then, not sure how much more this will go in opposite directions. I still believe if the dollar is strong, buying international bonds cheaper then they've been in a while might see some action. Investors will be able to limit risk and improve returns by focusing only on the countries with the most attractive economic and interest rate cycles.
dollar way ,frist target is fibo 61%if dollar break high ,must break Ema200 daily then can see fibo 261% 94.5
if dollar move down frist target is 61%
then trendline fibo 100%
if can break low it will see fibo 161% even 256% 85$(we predict 3 month ago)
so 95 or 85 will fill ?
best trade for march 2021 but with SL on high,low=
buy gold ,buy silver ,buy nazdaq
sell dax sell gbpusd sell dow near33000