dxyshort

1, The Gartley 2, Rising Wedge 3, Bearish RSI Divergence Target is based on the bottom bound of the Ascending Channel On the flip side, price can continue to the top bound of the Ascending Channel and then drop

As I said last week dollar break old intermediate Highs and make intermediate new Highs, now I am expecting that dollar make a little retracement to 97 and continue falling or just to continue falling until 96.20 0r 96. For me is a strong sell for the confluence with order block, Fibo retracement, institutional price and Net short. Like & Follow

Meeting the area marked could show a short pullback toward the previous high and then again kick on above the highlighted area in blue

I drew my chart on the greenback last week some time and thought I would share as it has significant impact on major pairs as well as the price of GOLD. For the time being we are seeing bears gaining momentum. Keep a close eye on the $ Draw up your analysis on the Dollar, Sterling and Euro, and Gold. Are there emerging patterns? Lets look again on Sunday at...

Macro View: 2018 has been a very exciting year for the dollar thus far. Volatility has sky rocketed in the last couple of months, the FED has indicated a reduction in QE and Donald Trump has been tweeting away. In my view, I believe the dollar holds a more bearish outlook due to the following factors: 1. Rise in political tensions between China and US 2....

A perfect shooting star pattern on a descending trend line for the Dollar. Reversal at play off of this so expect some weakness for the Dollar this week!

dollar index - h4 chart - selling on rallies due to dollars bearish trend. 3 drive reversal setup giving us confirmation of the weekly resistance holding

Break below support line would indicate bear market in the dollar. Gold should therefore outperform to the upside.

Head and Shoulders, 61.8 fib retracement and daily resistance respected, Also if we go down to the 4hr chart there was a doji candle this Friday. Bearish bias currently

Or will the 50% fib hold it. I doubt it. Look at last time it broke 200-hr MA

The DXY likely to see more downside in the short term. If this is the case, other currencies should see an upside for the duration.

Dollar Index Monthly - Structure speaks for itself. Big moves to the downside expected. This correlates well with global indices and Oil they are also indicating a big correction on larger timeframes technically.

Ok, now I am agree with H&S on DXY I am bearish now Neck line is at 99 level, profit target approximately around 96.6 area. Bearish outlook below 101.38, 99.85 and 99.

Daily close below 98.85 - bearish scenario to 97.85 and next below - 96.40. Daily close above 100.97 - bullish scenario to 101.97 and 103.82

Daily close below 99 zone will open the way to 97.77 and 96.33 Alternatively it will bounce of 99 and go back to 99.75