One of my Golden Pattern is being formed in USDJPY charts and it suggests an up move of 10% very soon, buying zone is till 99, targets could be of around 110, initial.
dollar is heading up if the opec meetings on november go to plan in cutting oil. Also the dollar is retesting 12100 to 12160 until the interest rate decisions.
My Dollar Combo Index has been shaping up nicely on the count of the two cycles and I am seeing other items of similar process. I believe that we either had the bottom on 8/16 with the low at 11691 or a new low will only be a minor test and slightly lower. Based on the Count the suggestion to buy the open on August 18 would still hold. Stops can be low risk at...
Dollar looks to be headed higher out of this bull flag..
Daily US Dollar Index - Bullish Bias. To determine whether price is trending up or down - is it making higher highs and higher lows (uptrend) or is making lower lows and lower highs (downtrend.) At the start of December, the price of the US dollar started a down trend. It made lower lows (highlighted by orange circles) and lower highs (highlighted by yellow...
US Dollar 15m Long DXY Long We have just completed an ABC -and retest of the trendline for more upside next week. The 0-2 might be an ABC correction, either way, the trajectory still looks long for a few days next week.
DXY - Long on 4HR/Daily Chart to the 1.618 break and retest of trendline as part of bullish elliot wave pattern
The price is touching a resistance + MA (200). The price will probably drop down to this area and then will continue its upward trend.
I don´t think so.... In the aftermaths of the incoming Brexit the US Dollar will be KING! All The Best... Stay Safe! Happy Tarding
DXY bounce from 94 / 93.5 bullish divergence RSI LONG
The USDOLLAR index has reached the bottom of the upward channel it has been maintaining for months. The last candle is indicating that the index is ready for an upswing, the stochastic indicator confirm this appreciation. It is time to watch related pairs like USDJPY, GBPUSD and EURUSD for good trades.
FX:USDOLLAR CYPHER: Point B: 38.2% to 61.8% XA Point C: 127% to 141% ext XA Point D: 78.6% XC Target: TP1 38.2% CD TP2 61.8% CD BUTTERFLY Point B: 78.6% XA Point C: 38.2% AB 88.6% AB Point D 161% ext BC 261% ext BC Targets: TP1 61.8% CD TP2 127% CD Safe Trades;
US Dollar -- Ascending Wedge Daily -- buy / sell the break