Get started

Usdollarforecast

USDJPY formed bullish shark | A good long opportunityAfter successful formation of bullish Shark pattern the price line of US Dollar / Japanese Forex pair Yen has formed another bullish shark pattern. Even though the price action has hit the sell zone upto 0.382 fibonacci but all indicators are still turning bullish therefore I am expecting more profit. MACD is turning bullish Stochastic is oversold and has given bull cross Volume profile is showing less interest of traders at this area. I have used Fibonacci sequence to set the targets: Buy between: 105.502 to 103.691 Sell between: 107.035 to 110.572 Regards, Atif Akbar (moon333)
Long
by moon333
DXY - 1/6/19Price has been on an uptrend since January 2019 giving us a series of Higher Highs and Higher Lows, shown clearly on the Daily TimeFrame. Price has also been rejecting to push higher than 98.00 since April 2019. I have highlighted the MACD divergence seen on the Daily and 4HR indicating the possibility of a bearish run. Moving to the 1HR, price is sitting on the trend-line and a strong support area. The above is based solely on Technical Analysis. The strong bearish candle resulted from a news release on Friday, I would wait to see what happens and how price moves and reacts at market open. However, my overall outlook on the DXY is bearish.
TVC:DXY
by FXwithJess
DXY / U.S Dollar - Weekly OutlookHello traders, today we take a look @ the DXY We are nearing an important Monthly S/R level in which we can expect the next trend to take place for the U.S Dollar. A rejection and we can expect the DXY to target the Bottom of our Monthly Range. We will be looking for Bearish Engulfings via our Lower TFs. A solid High TF close above 97.25 and we can expect the U.S Dollar to rally to new highs of 105.00~ and test our Monthly S/R level Twitter - Signals - Telegram
TVC:DXY
by TDSniper
USD Downside trend projection.Firstly fundamentals: Trumps specific policy, his trade wars, etc. makes me think, that US Dollar index is under big pressure, and it might affect with a bearish movement for that currency. In the other hand, if we look what happens on the chart, we can see really strong supply zone, that has been respected by DXY. In my opinion USD is going south, with the targets that I have marked. Taking everything into the conclusion, my long term view of DXY is bearish, and seeing it on the 88 level is just matter of time.
TVC:DXYLong
by koralesky
1
DXY ForecastI expect the US Dollar to turn bearish for some time after this week. The bearish move will quite possibly begin on Wednesday if/when ADP numbers and the FOMC minutes disappoint Dollar bulls. Initially, the US Dollar should continue it's bullish pullback. But I don't expect this to last, due to fiscal policy concerns and the unlikeness of a June rate hike. If the Fed truly does wish to space out three rate hikes over the course of this year, a June hike may be slightly early. And even if a June hike does occur, the US Dollar is likely to suffer until June is more directly on the horizon.
TVC:DXYShort
by haylettc
DIAGONAL IN DXY - 4H CHARTHey Traders, We have been analyzing this structure for a few weeks already in DXY (US Dollar Index) We are expecting a fifth move in the diagonal and then a breakout towards to the -0.27 fibo level potentially. When this happens, all USD pairs will be affected. - Hola Traders, Hemos analizado esta estructura durante semanas en DXY (Índice del Dollar Americano). Estamos a la espera de un quinto movimiento dentro de la diagonal para luego tener una rotura que de un movimiento hasta el nivel Fibo -0.27 potencialmente. Cuando esto suceda, todos los pares con el USD se verán afectados. Carlos
TVC:DXY
by ccerezo11
2