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Dxytradingsetup

DXYStarting this week, I will also analyze DXY and NAS100USD! Because it is the first analysis, I will draw a parallel between the 1-week chart and the 1-month chart, as follows: DXY is in a strong downward trend and if for 1 week it rejected 3 weeks in a row from the Fibonacci 0.5 area, I expect it to continue the descent to Fibonacci 382! However ... a close even for a day over the extremely strong area at Fibonacci 0.5, will make me think of BUY to the Fibonacci 618 area from where ... DOWN AGAIN *** It is a very difficult week with many political events that will create a high volatility in the market and especially on this pair NOTE: Please, give a LIKE if you find this idea useful! GREAT ATTENTION: This pair may be influenced in the short term by any news! This pair may be influenced in the short term by any newsOur analyzes have an accuracy of over 91% but due to market manipulations during this period we will avoid putting exact values on SL! We also recommend avoiding short-term trades during this period because news can appear at any time that can destabilize the market. *This information is not a Financial Advice.
TVC:DXY
by BloomFX_SIGNALS
DXY - What Is a Head And Shoulders Pattern?What Is a Head And Shoulders Pattern? A head and shoulders pattern is a chart formation that appears as a baseline with three peaks, the outside two are close in height and the middle is highest. In technical analysis , a head and shoulders pattern describes a specific chart formation that predicts a bullish-to-bearish trend reversal. The head and shoulders pattern is believed to be one of the most reliable trend reversal patterns. It is one of several top patterns that signal, with varying degrees of accuracy, that an upward trend is nearing its end. Push like if you think this is a useful idea! Before to trade my ideas make your own analysis. Write your comments and questions here! Thanks for your support!
TVC:DXYLong
by Yuriy_Bishko
14
DXY- Usd against the ropes, again...In my weekend comment, I said that the USD is very probable to had found a top at 91.50 and now looks ready to resume its long term downtrend once 91 zone support is cleared. At this point, the index is trading at 90.75 and under the confluence of horizontal and rising support of the flag. I favor selling USD against Eur, Aud, Nzd and Gbp, and buying dips for these pairs can be a good strategy. First support is at 90 and a break here would expose 89.20 low
TVC:DXYShort
by Mihai_Iacob
3