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Dollarlong

The #dollar will determine the trend #DXYPlease note the graph above: The dollar returned to the range between support for 95.4 and resistance at 97.4. In a normal situation, the recommendation is buying close to the support line and selling close to the resistance line, but not on this case as you can see that every time the dollar touched the 200 moving average line (yellow line) is back to rise and it can not be ignored. In a typical scenario, the dollar will return to 97.4 in the first stage and in the second stage will rise to 98.3 In the scenario that the dollar falls below the average moving average 200, you can see this analysis as canceled
TVC:DXYLong
by xosignals
1
EURUSD Down Because Brexit and Germany Could Enter Recession Fundamentals are fairly important in financial markets. Its why I spend so much time on them. This is how I came to the ultimate conclusion that the trend of EURUSD is down mainly because Brexit, updates of which you can find here: anthonylaurence.wordpress.com While economic data out of the Eurozone was somewhat favorable at the start of the week with the IFO Business Climate Index, consumer confidence was weaker in Germany. Such negative sentiment caused ECB President Draghi to assert that the ECB would step in should the need arise in financial markets. This didn't budge the euro at all. In short, Brexit isn't trending well although it could lead to a conclusion. This would break the euro out of the downward channel, but in the short-term investors will probably continue to witness this price action, at least until April 12th before which we will probably see an extension if no deal is reached. For more analysis, check out www.anthonylaurence.wordpress.com
Short
by WhiskeyTangoFoxtrot3
Will the #dollar continue its trend?The technical analysis on the dollar is very important because if it is analyzed correctly most of your signals will be good. You can see in the chart above that the dollar fell almost all of last week and stopped just above the moving average 200 which serves as strong support, another important point is the Stochastic indicator - we are in the 20 zone which is a strong buying area, the red and blue line intersecting strengthens the buy signal. So, in conclusion, we have a strong buying trend on the dollar with lots of signs that reinforce it Buy DXY: Entry Price: 96.55 Take Profit: 97.5 stop Loss: 95.60
TVC:DXYLong
by xosignals
EURUSD Bear Trend Continues DownwardThe euro was one of the worst performers last Friday and continues to head into negative territory. At the weekly view, we can see that the pair is in a long bear trend while moving averages suggest this to be the case as well. Brexit only worsens this as key votes will occur today and tomorrow on whether or not the UK will be able to strike a deal with the common market. Moreover, an inverted treasury yield in the US signals a recession is lurking somewhere around the corner, although when it will pop up is a bit more uncertain. This only furthers speculation that the dollar will in general increase in value against a whole host of currencies as the dollar tends to be a safe haven asset. From a technical perspective, the pair's inability to capitalize on the recent bullish break through a six-month-old descending trend-line resistance and a subsequent sharp rejection slide from 50% Fibonacci retracement level of the 1.0341-1.2556 up-move now points the resumption of the prior well-established bearish trend. While the pair found a way to break up beyond short-term resistance, this appears to have been a flash in the pan with more downward pressure. For more analysis, please check out market updates at www.anthonylaurence.wordpress.com
Short
by WhiskeyTangoFoxtrot3
97.71 remains line in sand for US Dollar Index BearsThe recent rally past 96.68 levels must have turned most traders on the bullish side of US Dollar Index but prices still need to decisively break above 97.71 levels to void the bearish scenario. It has taken several months and expanded flat structures are difficult to identify at times. At this moment the larger degree structure remains intact towards an expanded flat being unfolded since 97.00 levels earlier. Also note that the rally from 95.20 through 97.00 seems to be in 3 waves, and hence corrective. A bearish reversal from here could still keep the structure intact. We remain neutral for now and shall wait for a break below 96.50 levels for further confirmation on the bearish stance. Kindly note that upside remains limited even if 97.71 levels break, since strong bearish divergence is seen on different time frames. Disclaimer: This written/visual material is comprised of personal opinions and ideas. The content should not be construed as containing any type of investment advice and/or a solicitation for any transactions. It does not imply an obligation to purchase investment services, nor does it guarantee or predict future performance. FXTM, its affiliates, agents, directors, officers or employees do not guarantee the accuracy, validity, timeliness or completeness of any information or data made available and assume no liability for any loss arising from any investment based on the same.
TVC:DXY
by FXTM
1
SHORT US Dollar Index remains bearish below 97.71 levelsThe US Dollar Index has managed to squeeze a few points above 96.68 levels as seen here but it still remains vulnerable until prices remain below 97.71 levels. The overall structure since December 14, 2018 highs at 97.71 levels seems to have produced a complex corrective structure, probable a combination w-x-y not labelled here. Furthermore, the US Dollar Index is hitting fibonacci 0.618 resistance of the drop between 97.71 and 95.20 levels at this moment. A bearish reversal here could set the track for upcoming move lower towards 94.00 levels at least. Also note that the higher degree wave structure remains unchanged for now with a probable expanded flat unfolding since 97.00 highs on August 15, 2018. Overall bearish bias remains until prices trade below 97.71 levels. Disclaimer: This written/visual material is comprised of personal opinions and ideas. The content should not be construed as containing any type of investment advice and/or a solicitation for any transactions. It does not imply an obligation to purchase investment services, nor does it guarantee or predict future performance. FXTM, its affiliates, agents, directors, officers or employees do not guarantee the accuracy, validity, timeliness or completeness of any information or data made available and assume no liability for any loss arising from any investment based on the same.
TVC:DXYShort
by FXTM
Dollar index bouncing nicely off major support!The dollar index is bouncing strongly above major support at 93.39 (Multiple Fibonacci retracement, Fibonacci extension, Horizontal overlap support, bullish price action). The next major level of resistance is at 94.28 (61.8% Fibonacci extension, 100% Fibonacci Extension, Horizontal overlap resistance). The next major level of support is at 92.26 (Fibonacci retracement, horizontal swing low support). Stochastic (34,3,1) is bouncing nicely off our 2.8% support and has good upside potential. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
TVC:DXYLong
by Tickmill
Long around 92.95 for targeting 93.64Before i make a post of long DXY and then we reach the target now The dollars make is pullback on daily chart you can see than the ma20 and 50 match with a support and a up T-line so will be the price for enter approximatively . all data match with the FED goal and especially the UP in earning Wage (inflation of salary) last firday So even i make ths trade before the FOMC i think i will not have a Dovish surprise. Only Trump and his Tax reform wihout details yet weight on the Dollar Enter around 92.95 Targeting 93.64 Let you manage your SL
TVC:DXYLong
by corsicasia
Everyone's long EUR, but is this a short opportunity?Hmmmm, I get it, long EUR because of current account differentials, QE taper, balance sheet normalisation, US political uncertainty, French elections over, everything rosy in Europe. But often, the obvious is obviously wrong . If EUR respects 1.20-1.21 as overhead resistance, then we could be looking at just a 50% retracement of the huge down leg. Suggesting EUR downtrend will resume. Why? I have no idea. But put the trade on first , and assess the why later. Great risk-reward here.
Short
by Exercise-Discipline
2
Enter at 92.91 target at 94.07-SL 92.40 RR 1/2.4- Yellen speech again mid hawkish tone -FOMC+Yellen at last meesting was Hawkish and add 1 rate hike than the market priced -Dollars have room on the daily chart to go more u p easily -Many rate was hiked and dollars have down too much since that. -Some pair like EURUSD - GBPUSD have room for consolidate more than today (26 sept) - IN short-middle term i see the dollar strenght same as today and is legit. -FED say they will start Tapering soon. Target 1 = 93.50 Target 2 = 94.07 SL =92.40 RR = 1/2.4 -
TVC:DXYShort
by corsicasia
1
Dollar Index Bullish SetupThe dollar index made a nice bounce back up from the lower green range. The Stoch Rsi indicator shows a possible bullish crossover and the Adx indicator shows a very weak bearish trend meaning that its more then likely the bulls will take over. Because of this I see the dollar gaining some strenght this week and the dollar index attacking and breaking 100. It's most likely that this will be fueled alot by the Usd gaininst most of its strenght against the Cad and Jpy (see my Jpy chart). If you're less bullish than I am on the Dollar then you should wait till the lower range breaks (around 99.40) and then sell the Usd
DLong
by JoshFX1
1