hello my friends .... i will be analysis the jxy,dxy,exy for the next weeks first we start with jxy i am expecting a drop in jxy japan index price for the next weeks
On 1D chart we see a channel_movement with strong ressistance_line. Now I looking for reverse the price from this line and continue of down_movement.
On background the down_trend we have the rising correction channel which was broken/ so we have a good opportunity to take short position/ setup pending sell order on breakout the fractal_based line
Good morning traders, The DXY is the most common analysis of the USDollar but there are other symbols for other currencies. From the chart I´ve created you´ll find historical strenght of a specific currency vs others, not a single one like EURUSD . We can learn when to identify major shift trends I hope it helps, if you like thumbs up :-) Feel free to...