DXY Update 20/03/19

TVC:DXY   U.S. Dollar Currency Index
Subsequent to the previous DXY idea posted, and having done further technical analysis it's clear the average pip movement for DXY since circa start of January 2019 for each wave of bullish / bearish runs amounts to 170... now given that DXY has been on a bearish run as of past couple weeks this could potentially continue to either one of two areas after a possible consolidation between FIB levels at 0.5 and 0.618, before expecting to see a reversal to the upside (at which point would see USD pairs strengthen)...

Area 1: 96.28 region where a well respected 4hr TL exists
Area 2: 96.00 - psychological level/zone/0.382 FIB/daily TL

Lets see how it plays out....


Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Private Messages Chat Sign Out