USD INDEX SEll @96.5We expect USD index to reverse badly, this is a very good to sell, always use stop loss and trade safe.
Usd-index
USDCAD Bilateral BiasUSDCAD has reached a point of trendline Support region, we have to closely look the price for a bounce off with rejection for a long opportunity and if breaks below then we will be taking shorts.
Hope you find this analysis Useful
US Dollar Index Weekly PredictionSELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY
US Dollar Index weekly Prediction
Chart time frame - H4
Timeframe - 1-2 weeks
Actions on -
A – Activating Event
US Dollar Index will see another bull run this week.
B – Beliefs
Market will be rejected at @12276 level however consolidate and then move towards the first Target 1 level @ 12315.
Trade Management
Entered @ Still waiting for confirmation
Stop Loss @
Target @
Risk/Reward @
Happy Trading :)
DXY 93.50
TVC:DXY longs are overloaded and most facts are priced so it makes sense to take FX_IDC:EURUSD longs.
Also any bad data will get USD longs mildly exposed.
US Dollar Index 95.70 resistance intact for nowThe US Dollar index lost all its ground covered on Friday, and trades around 94.40 levels again at this point in writing. Please keep the bigger picture in mind for US Dollar Index which is pointing towards 91.50/92.00 levels going forward. Maybe possible that Wave C lower is progressing sooner than expected. For now, resistance stays at 95.70 levels and bears are expected to remain in control till prices stay lower. Looking at the wave counts, Wave B probably terminated at 95.70 levels but we still keep the alternate count open for a quick rally towards 96.00 levels. A safe strategy could be to remain/add on the short side.
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DXY - Comeback or Breakdown?Hey guys , i was checking usd index for the latest move and this move up doesnt really seem complete to me , despite the bearish sentiment i see on tradingview around it i believe it has a little bit more room left on the upside.
Please note the break of yearly resistance from the which this move down would be seen as retest as support then uptrend continues.
Black line represents the invalidation point for this wave count , goodluck!
EURUSD - The last punchHey guys , i was counting this move downwards as fifth but it just looks too small , im bearish today for FOMC event on EURUSD , lets see how it plays out!
Cheers!
Dollar Index KOD KOD is an abbreviated term for 'Kiss Of Death', against resistance that is. We'll see what happens!
Happy Trading, folks!
Cheers!
DXYI drew these charts back in october.
Divergence on our hands.
Trade with money you can afford to lose.
DXY | COMPLETE ANALYIS | Bearish Formation - Is it confirmed?Still don't know if it's VALID for upcoming Bearish movements
Where Fundamentals fails the Technical making it 50/50
Focus on Values,
- US equity market rebound going hand-in-hand with US Treasury yields rising; inference is that US yields dropped on safe haven demand. Further improvement in risk appetite should boost US yields further, lifting the US Dollar.
-Yellen at Jackson Hole gives no confidence to would-be USD buyers, debt ceiling concerns mount
-US OIL Hike or Flaws?
Focus on depth,
-Fibonacci Trend and Grid (For Level estimation)
-200 DAY M. Support (will it be broken?)
-HASH, Previous Support Level (with consolidations)
What's Next?
Let us know in the comment and make sure to hit the LIKE Button if you agree!
ANALYSIS ON NASDAQ 100 - 1H CHARTToday my partner (www.tradingview.com) discussed in his webinar, the possibility of a continued uptrend of the NASDAQ Index.
I agreed and thought it was an interesting analysis so I'm sharing it.
I've outlaid a 12345 Elliot Wave Impulse. Waves 1 and 3 appear nearly identical in distance with an extended 5th Wave. (0.618 of Wave 1)
The formation of a mini impulse is quite likely in progress.
Plan A - Look for a new flag and wait for the confirmation.
Plan B - it continues correction, may even breakout outside of trend, therefore look for new impulse... wait for confirmation and enter a long.
Please share your thoughts and get in touch with him!
Thanks.
usd index DXY D1 in a Gartley's PRZ coinciding with AB=CD Quoted from Scott Carney's Harmonic Trading V1: "The exact 0.618 B point requirement was just one condition in this interpretation of the
structure".
In this Gartley B retraced only 0.578 and not the required precise 0.618, but coinciding with AB=CD 0.707-1.414 and with stochastics in over sold zone and price braking at the demand zone ... let's see if those patterns are valid in the next week :)
Elliott Wave Analysis: USD Index Looking Up Into Wave 5We see price trading in a three wave correction in wave 4), with recent drop being the final sub-wave (C) of this correction. This correction will ideally unfold as a simple zig-zag pattern, that will find some support around the lower channel line and bounce higher into wave 5).
