usdindex

confident

us index possibility

DXY is approaching its support at 96.80(61.8% Fibonacci extension, 23.6% Fibonacci retracement, horizontal pullback support) where price is expected to bounce up to its resistance at 97.25 (horizontal swing high resistance, 61.8% Fibonacci extension). Ichimoku cloud is showing bullish where a corresponding bounce is expected. Trading CFDs on margin carries...

D1: - Tendency: Downward - Break and confirmation --> DOWN

H4: - Top: Double top - Tendency: Downward - Below resistance --> Down !

W1: - Tendency: Upward - Above support, EMA 50 & 78 - Candle: Bullish outside bar --> Up

H4: - Sideway : Double top and bottom - Below resistance daily --> Down !

W1: - Tendency: Upward - Above support - Weakening - Reversal candle W1 --> Pullback D1: - Structure: uptrend - Tendency: Downward - Double bearish candle at Support Daily IF: - Break down and confirmation --> Move down Please support the setup with your likes, comments and by...

I drew these charts back in october. Divergence on our hands. Trade with money you can afford to lose.

the Price is facing a demand zone + Fib 0.618 + ABCD. I think the Index price will go up at least to 99 (see my check mark).

The anticipated break higher has been seen, with the USD index reaching 103.65. A corrective pullback is now highlighted, however, as overbought momentum studies unwind, with a break below the 101.80 retracement opening up congestion around 101.00 and the 100.70 retracement. Still deeper reactions cannot be ruled out, but critical support within 99.43/75 should...