DXY expected to rise up to 1st resistance at 97.17 where it could potentially react off and drop down to 1st support at 96.73.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
DXY reversed off its resistance at 96.86 where it could potentially drop further to 96.40.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
DXY expected to rise up to 1st resistance at 97.17 where it could potentially react off and drop down to 1st support at 96.86.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
DXY bounced off its support at 97.17 where it could potentially rise further to 97.44.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
DXY bounced off its support at 96.63 where it could potentially rise further to 97.13.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
DXY bounced off its support at 96.61 where it could potentially rise further to 97.13.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
DXY expected to rise up to 1st resistance at 96.64 where it could potentially react off and drop down to 1st support at 95.86.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
DXY expected to rise up to 1st resistance at 96.64 where it could potentially react off and drop down to 1st support at 95.86.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
DXY expected to rise up to 1st resistance at 96.64 where it could potentially react off and drop down to 1st support at 95.86.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
Hi traders,
after a doubletop at the daily timeframe we will see more weakness on USD.
So be paitient if you hold AUDUSD and NZDUSD long.
The XXXUSD pairs will show more bullish movements next week.
Have a good weekend.
Your Stefan Forex
DXY Long Idea (5/7/19) 4HR Chart
- Price currently broke the trend line that I have placed on the 4HR, and had a retest of that trend line .
- I am looking for the lower high to be formed on the overall bullish trend line , so once price reaches the 61.8% fib level and the 4hr disturbance
zone (orange).
- Once the reversal occurs, price will then reach at...
DXY Long Idea (5/7/19) Daily Chart
- Price currently broke the trend line that I have placed on the 4HR, and had a retest of that trend line.
- I am looking for the lower high to be formed on the overall bullish trend line, so once price reaches the 61.8% fib level and the 4hr disturbance
zone (orange).
- Once the reversal occurs, price will then reach at...
DXY has been in a consolidation area sine the end of January and hasn't been able to go any higher. We could expect it to break it's current support to continue the bearish trend it's in and fall even further down as there is yet no signs of strength.
Wish you all the best :)
Happy trading!
