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Usdindex

VIDEO ANALYSIS: USDCHF AT YEARLY HIGHSIn this video update, we take a look at the end of day trade we placed on our telegram channel. USDCHF has been moving towards the yearly highs for some time now as the Swiss Franc weakens. Typically, when a market tests a yearly high, we do see a reaction from the level, which we are anticipating to be lower on this pair. If we do see a daily bearish close here, it will cement our bias and we can look for further opportunities to short the market.
Short
by BlueberryMarkets
DXY Approaching Support, Prepare For A Bounce DXY is approaching its support at 96.86(100% Fibonacci extension , horizontal swing low support, 38.2% Fibonacci retracement) where it could potentially bounce to its resistance at 97.47 (100% Fibonacci extension, horizontal swing high resistance). Stochastic (89, 5, 3) is approaching its support at 4% where a corresponding bounce could occur. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks
TVC:DXYLong
by Klimex
1
DXY Approaching Support, Prepare For A Bounce DXY is approaching its support at 97.03(61.8% Fibonacci extension , horizontal swing low support, 23.6% Fibonacci retracement) where it could potentially bounce to its resistance at 973.70 (100% Fibonacci extension, horizontal swing high resistance). Stochastic (89, 5, 3) is approaching its support at 4% where a corresponding bounce could occur. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks
TVC:DXYLong
by Klimex
LONG DXY Approaching support , Prepare For A bounceDXY is approaching its support at 97.03 (horizontal swing low support, 61.8% Fibonacci extension , 23.6% Fibonacci retracement ) where it could bounce to its resistance at 97.69 (100% Fibonacci extension , horizontal swing low support). Stochastic (34, 5, 3) is approaching its support at 5% where a corresponding bounce is expected. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
TVC:DXYLong
by ICmarkets
1
DXY Approaching support , Prepare For A bounceDXY is approaching its support at 97.03 (horizontal swing low support, 61.8% Fibonacci extension , 23.6% Fibonacci retracement ) where it could bounce to its resistance at 97.69 (100% Fibonacci extension , horizontal swing low support). Stochastic (34, 5, 3) is approaching its support at 5% where a corresponding bounce is expected. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
TVC:DXYLong
by Klimex
DXY Approaching Resistance, Prepare For A Reversal DXY is approaching its resistance at 97.69 (horizontal swing high resistance, 100% Fibonacci extension*2 ) where it could reverse down to its support at 97.03 (38.2% Fibonacci retracement, horizontal swing low support). Stochastic (89, 5, 3) is approaching its resistance at 97% where a corresponding reversal is expected. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
TVC:DXYShort
by Klimex
DXY Approaching Resistance, Prepare For A ReversalDXY is approaching its resistance at 96.93 (61.8% Fibonacci extension, 61.8% Fibonacci retracement, horizontal overlap resistance) where it is expected to reverse down to its support at 96.48 (38.2% Fibonacci retracement, 100% Fibonacci extension, horizontal swing low support). Stochastic (55, 5, 3) is approaching its resistance at 96% where a corresponding reversal is expected. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
TVC:DXYShort
by Klimex
US Dollar Currency Index (DXY): Chart pattern analysisConclusion for today's analysis: Price action on an eventual breakout should move an equivalent distance of width indicated as a minimum expectation Price action for the DXY (US dollar currency index) is provided on a Daily timeframe with coverage of well over 6 months of price action. The chart patterns in consideration are an ascending triangle and also a rectangle top formation. The former is ideally bullish, while the latter is ideally bearish. It is important to keep in mind that these are the ideal expectations for the patterns mentioned but they can also appear in a continuation position on a chart. Hence, trend can proceed even with the appearance of a rectangle top formation and a bullish breakout occur. Oppositely, a bearish breakout can occur from an ascending triangle and the non-confirmation of the pattern itself can result in severe bearish consequences or move. In either case, the width of the pattern is marked on the chart and should be used for projection on eventual confirmation of either chart pattern.
TVC:DXY
by Coin_Analyst
DXY approaching Support, Prepare For A Bounce DXY is approaching its support at 96.80(61.8% Fibonacci extension, 23.6% Fibonacci retracement, horizontal pullback support) where price is expected to bounce up to its resistance at 97.25 (horizontal swing high resistance, 61.8% Fibonacci extension). Ichimoku cloud is showing bullish where a corresponding bounce is expected. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
TVC:DXYLong
by FlowState