kieranchow

DXY Weekly forecast for 27th - 31st Jan 2020

TVC:DXY   U.S. Dollar Currency Index
DXY Weekly forecast for 27th - 31st Jan 2020
- Last week both targets were taken out.
- Starting this week above broken resistance
- Best place for new bull entries will preferably at previous broken support now turning resistance around the 97.75. ( any pullback towards here will be great for new low risk high rewards entries.
- Going into this week looking for further advances and continuations from last week!
- Overall bullish bias and will follow the trend.
- First target set at 98 and then further more too 97.20. If this level can be broken the next target is set for 98.45
- Keeping in mind on Wednesday is a interest rate decision so we should see more volatility with the US pairs in general!
.
.
Weekly forecast, highlighting the overall trend with key levels to get an idea of the best targets in the upcoming week and weeks ahead. Basic projection of the market and is to be used for ideas, entry point analysis is done on a daily basis for entries with minimal drawdown + best R:R. Results are sent on Telegram groups.

Comments

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 Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out