Overview: On Tuesday, the Dollar Index (DXY) showed weak performance, failing to consolidate the partial recovery seen on Monday after last week's sharp decline. Although the dollar posted gains against major Asian currencies, such as the Japanese Yen (JPY) and the Korean Won (KRW), these gains were quickly erased during the US trading session. The return of a...
We are in a bulll run! no way za dollar will manage to break resistance :D whoz with me?
Hello, Friends! A recent breakout signals That the bulls are still strong And I am growing in confidence That a bullish surge is coming! BUY! ✅LIKE AND COMMENT MY IDEAS✅
DXY has been moving without any real pullback which is dangerous. This is to do with the FED HIKE RATE, we can almost guarantee a 50 points bias which is why price is surging but what happens when the data is released? we have already had the move and DXY falls off. 104.150-300 is the next major resistance area for DXY and it will have to crash somewhere has we...
DXI with divergences and losing momentum. Be careful, patient and discipline. This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone....
Dollar index chart break out support zone 92.500 level and retest that zone. so, now its possible to reach 92.000 ,91.680 .up to 91.450 level. dear Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, I suggest you keep this pair on your watch list and see if the rules of your strategy are satisfied.
The US dollar has formed a bearish signal with a massive 5 year head and shoulders pattern. Looking like it will crash in to 2021 after a possible a short rally. Hard assets is where to be. Not financial advice. Trade at own risk. *Money Print only goes so far. Short term satisfaction is long term pain*
It seems we were in a big correction structure (shown with dashed lines) and from here we can expect at least a pull back to 38.2% of recent up move or even deeper, it depends to the shape of pull back. (check the 4h chart too for finding possible entry point)