Hi Everybody, I got interested in the DXY lately, I don't trade USDCAD that much but I decided to try it. * to be able to predict (help you to predict) USD you have to look at GOLD, OIL and DXY (Support/resistance/pivots)* -----> This one is easy! It got to a major resistance (last touch 02/12/2016) now it's retracing. --> Ichimoku has been used to find pivot...
Elliott wave analysis on DXY Overal Pattern : Expanding Triangle Location : e Target : e<102.97 Patterns : a : Double Zigzag b: Zigzag c : Double Zigzag d: Zigzag Please discuss about this analysis, it's count labels, patterns, target and your insights about future targets, waves, patterns and ... using your described charts by comment here
Waiting for break on either side .. and price to confirm its mood Twill have affect on USD pairs
Heres my idea, for DXY breaking 99.9 finally ... using FIBO extensions
Price currently cleared bear tests ... Open to reversal move NOTE: Lets wait for NFP US Elections are coming up ...as well
In weekly chart we can see some consolidation period. Price ranged between 93.12 - 100.38 zone. Price are going to test range resistance. We can see some sell pressure from that zone. Though in long term I am still bullish.
bearish weak dollar ahead price should tank to 97.50 atleast
I think USD is possibly showing signs of weakness ...
PRICE maintaining form, as NEWS keeps coming Just observing things ...
Im just keeping my eyes peeled ... If Dollar shows weakness, watch for EURUSD & GBPUSD pairs to go long temporarily
DXY Found a temporary resistance. However I expect a final move upside before falling back. I found quite few harmonic pattern, Expanding diagonal, Wolf Wave Bear pattern and bearish EW count. All conditions are met for a Triple top on DXY before falling harder. You already know what will happen when King fail the battle. Trade well :) I am neutral on DXY.
Price stuck in the middle of the wedge at 95.50 and the RSI close enough to dead centre. Waiting for the breakout !!!
We are looking for the USD to move up to monthly resistance and then drop as it is respecting trend lines ..
Hi All, There are several important news (US Presidential Election and FED Interest Rates Raise) are waiting by DXY till and of 2016. Depends on the news, DXY could set up new trends for both bullish and bearish side in the channel. 3 lines are important for support and resistance levels with FIBO. 95.25 is the main point. The Index is looking for upside for...
Wait for the break in EUR/USD to confirm going long or short on this pair. I always consider both directions when trading but from the looks of it I am biased that this pair is bearish!
Fib 1.618 at 92.684 can be a turningpoint for up ??.... watch priceaction, candles, wicks, any news that could be bullish for US-dollar coming days/weeks in May now.... Also oil and metalls can give some dowm-movement then.... Evt upside.... ?.... have fib 0.5= 96.580 and fib 0.618= 97.500 >>> blue box...... Notice the bullish divergence in all three indicator's...