Get started

Dxyviews

DXY -- BEARISH PRICE DIVERGENCE with consolidationWARNING: BEARISH PRICE DIVERGENCE Higher Highs and higher Lows while price is consolidating and RSI & CCI are making Lower Highs and Lower lows Indicates reversal of DXY might be in the works, watchout . The DXY might collapse if it continues to consolidate so be on the lookout. We still expect US Dollar Strength but it seems we are starting to run out of steam again on this particular rally. Can we hold on and continue to rally ?
TVC:DXYShort
by developeralgo222
1
DXY LONG --- Moment of truth ideaEverytime since US Dollar Index ( DXY) began its major uptrend on 15th February 2018, DXY has made : Higher Lows followed by corresponding Higher Highs i.e After every Higher Low its has rallied to take out the previous Higher High. So what can we expect this time : All the fundamental factors still point US Dollar strength for a couple of more weeks ( 3 to 6 weeks ) and that implies weaker USD based currencies like EURUSD or GBPUSD , etc NOTE: it means if this pattern is bound to repeat itself and the rally has not died then we should expect the DXY to rally and take out 97.00 Level before dropping again to a higher low . if the Trend is dead then expect DXY to drop and break the previous Higher LOW . Assumptions for next 3 to 6 weeks, if the above pattern holds: Stronger DXY = Long DXY = Short EURUSD , Short GBPUSD LONGS ( BUY) : --- DXY --- USDJPY --- USDCAD --- USDCHF SHORTS ( SELL): --- EURUSD --- GBPUSD --- AUDUSD
TVC:DXYLong
by developeralgo222
6
How to make a Dollar ToastThe Dollar under the Monthly 50SMA is toast, doomed. Why? Take a look at the previous 2 major declines of the Dollar. The last one is on the chart and highlighted with a yellow ellipse. Recently price is worming around it (red ellipse). Once it is below the Monthly 50SMA again there is nothing to stop it from falling like a rock. Currently, the price is under it but watch for the monthly close. This is a long-term analysis. You still have time to position yourself accordingly. Comments are welcome.
TVC:DXYShort
by epalazzo
What's in store for USD in Q2... time to choose our side!Firstly congratulations to those who took shorts on the previous idea (please see attached), very well done for clearing all targets on the handle. We are rolling with the dollar holding 100.xx post FED - we need to keep in sync with the dollhair to make our next few months a lot easier and it will separate the men from the boys, having a crystal clear map will be invaluable. OK so with that in mind, lets draw our maps moving forward; As long as strong prints on the macro front continue, then as will Trump's Honeymoon be extended with tax cuts being tracked like a hawk by smart money. The initial knee jerk rally is over as markets have begun to demand more since Trumpcare fell through.. In any event, there are many doors still open, if not tax cuts then we have huge infrastructure and if all else fails there is always defence (or "attack"). What we now need to track is the pullback we find ourselves in... there is plenty of room either side here, what I aim to do by publishing this idea is to start the discussion and place for us here to track and put in context over the next Q and current leg. Our options are as follows; a. BUY above 102.xx -> TP 109.xx b. SELL below 98.xx -> TP 92.xx c. sidelined, waiting for things to become clearer d. No idea
TVC:DXY
by TheBanker
19
DXY shortHi Seildev here. This looks remarkably similar to the DXY slip in May this year. - Point A shows the attempted recovery from 18th/May ~ 19th/May however fell lower within a day - Point B shows similar patterns which shows recovery however will fall within a day. Projected high move to hit 96.44 and fade. Projected DXY to be 94.5 by end of this month. DXY has been avoiding patterns and showing impulse movements to bait retail traders which in turn reverses after 24 hour period. This is the new day of Q3 and start of new financial quarter which psychologically may portray a "fresh start" image for the heavily fading US dollar in the past quarter. I believe this would be a fake out and will reverse within 96.2 ~ 96.4 down to 94.5 by the end of this month. Please trade with care. This is only my opinion from backtesting.
TVC:DXYShort
by seildev