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Dollarsetup

Dollar Index's future depends on this week I had no intention of publishing this analysis yesterday as I thought Dollar Index (DXY) would continue its consolidation mode for several days. However, when I saw 4-hour chart close above the drawn ascending triangle, I had to publish this analysis. For the past several days, I've been watching this Index as this is one of the keys on trading Dollar pairs. Understanding the behavior of the Index is one of a must for Forex traders -- even commodity traders. Close above this ascending triangle may also become a false breakout. So, watch out!
TVC:DXY
by bearvsbullmarket
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
(EURUSD & DXY) HOW INSTITUTIONAL TRADERS COMPARE THE MARKETS!MARKET ANALYSIS: As you can see from the charts both Eurusd and dollar index or showing opposite trade setups. So in Eurusd once the market breaks the flag pattern and closes above the zone we can go for a long. At the same time once dollar index closes below the rising wedge we can short the market below the zone for the given target. Now this is how a institutional traders compares a trade setup with dollar index, Hope this helps. Cheers!
TVC:DXY
by Kishore
14
EUR/USD Upside Set-up - Downside Move Still PossibleSteep correction fro wave 2-3 into wave 4 which is now in view at 1.11433. At this point price can correct back into the upward structure to the 1.14635 level and beyond or it can break down further to 1.11000. With high event risk next week price is likely to consolidate between 1.12189 and 1.11433 before a news release acts a catalyst to force it up or down. Given price action (structure) favours a long trade I expect a correction near wave 4 and the resumption of the upside.
by Elliot_Myers