Usdindex
EURUSD Part 3 LONG!Its a clear signal from the part that i round!
i know a lot of people already hold long sell position from 1.1712 area from yesterday bull, this is a warning for small account that this market will go towards 1.18xxx area before the Big down or continue to 1.2, reason are pretty simple its because weaker usd are good for business and according to the previous year, its ranging and start of an up trend in longer term!, forget about 1.0x area for now if you're planning to go long.
USD INDEX "Going UP"the Price is facing a demand zone + Fib 0.618 + ABCD. I think the Index price will go up at least to 99 (see my check mark).
USD set to fall furtherThe weekly chart of my own built USD index shows signs of donwward continuation within a well-defined symetrical triangle.
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 :)
BUY GOLD, BUY US-BONDS AND SELL DOLLARFor the time coming i am a dollar seller. I think we have seen some disappointment after this dovish hike of the Fed. This will for the coming days keep a lid on the dollar.
I will be looking to buy US 10Y Bonds and Buy Gold. Silver also looks like a solid play.
10YR US Bonds
USD Index for the Long term Investment < to 2025 Probably!long it , to the trend ,
Then short it to the B AREA
if the price goes up the red trend , and it is something really hard but everything in the market can be , so long it again to A Area
see you after 7 years :=) , or if something really big happen ,and i expect the second one ,
Update idea
USD INDEX BEARS MIGHT TAKE OVER SOONIf we break higher tonight on the FED Minutes it will probably be some kind of stop hunt above the recent high. I dont think it will be a sustainable move above 101.80, except something really major happens, that turns the sentiment on the USD completly around and makes it super bullish then look for buys above 101.80.
But right now i am not seeing this scenario unfold. So i am prefering to look for the short side of this trade.
Blessings to you all.
Potential Bearish Cypher on USD IndexPotential Bearish Cypher on USD Index(DXY)
sell @101.20
TP1 @100.24
TP2 @99.43
Cypher pattern on the USD/CADThis week's play for the USD/CAD is to short USD as the Dollar index is looking to decline even further. Until the USD Index reaches next support level at roughly 100 even handle, or perhaps upper 99 levels, this potential cypher pattern should respond with the dollar to rebound off support. The fundamental picture of the market, in my opinion anyway, is the ECB meeting on the 19th which could offer traders and investors some insight as to whether QE purchasing should begin to taper off and start raising interest rates, or should it continue which will send the EURO near parity level. In short, this is my play for the week. Good luck! And Happy Trading.
DXY Dollar Index December 2016 UP LongAnother leg down for the Index. But then, DXY Dollar Index long until December 2016. Green box is the target zone.
Ups Stock To ShortUps is looking good as moving in downtrend and if it breaches the Lower Trend line Then there will be a good opportunity to short this stock up with take profits @ flag UPS.
United Parcel Service, Inc. (NYSE:UPS) was downgraded by equities researchers at Vetr from a “buy” rating to a “hold” rating in a research report issued on Monday. They currently have a $119.82 price objective on the stock. Vetr‘s price target points to a potential upside of 3.83% from the stock’s current price.
DXY @ 1h @ will the upside trend (above 101) holds, this week ?Take care
& analyzed it again
- it`s always your decision ...
(for a bigger picture zoom the chart)
Best regards
Aaron
USD Go some up then Down move continue,,,Go some up then Down move continue,,,
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DXY @ 1h @ will 101.78 holds this week & confirm bullish trend ?Take care
& analyzed it again
- it`s always your decision ...
(for a bigger picture zoom the chart)
Best regards
Aaron
DXY to post a limited corrective pullbackThe anticipated break higher has been seen, with the USD index reaching 103.65.
A corrective pullback is now highlighted, however, as overbought momentum studies unwind, with a break below the 101.80 retracement opening up congestion around 101.00 and the 100.70 retracement.
Still deeper reactions cannot be ruled out, but critical support within 99.43/75 should underpin any tests, as background studies continue to improve and investors maintain a buy-into-weakness strategy.
A break, however, would negate higher levels as investors subsequently move to a cautious stance.
Following minor setbacks, fresh USD gains are looked for, with a close above the 103.65 year high of December 2016 opening up historic congestion around 105.00 as the May 2016 rally extends.
