U.S. Dollar Currency Index TVC:​DXY

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

DXY, Forecast on H4: Up

DXY Intraday Analysis

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

DXY pulling back, based on harmonic looking for the 90 handle

Last week ended for the dollar relatively on a minor note. The reason - the weak data on the NFP. That is, the number in itself in +134K is not harmful, but the markets expected a much higher value of the indicator (+185K). The negative effect was compensated partially for by unemployment figures, which dropped to the lowest since 1969 values and turned out to be ...

if price can make its way down to this area and then provide us with bullish p.a ill be confident in taking shorts on gold

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

It is said that Ralph Nelson Elliott developed the Elliott Wave Theory in the late 1920s. Elliott believed that stock markets, generally thought to behave in a somewhat chaotic manner, in fact traded in cycles. Elliot Wave has strong links to Fibbonacci as this video will explain:

Technical set-up favouring hardly the downside, MACD showing downside divergence, bearish cross, and a triangle to the downside that has already touched a few times that support around 93.5. Are you a bull or a bear on USD for the rest of the year ?

Currently inside a range, waiting for a either a bounce back towards the top of the range followed by a breakout and retest to enter long or if we break below switch my bias to short. Stops will be resting around 95.75 so a break of that area and we could see a quick climb towards and past 97. Observing how price reacts with pivot zones i have marked out; the ...

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

US Dollar Index - 4H, Bullish Harmonic Pattern

Seems like the DXY is going to be breaking out and making its move lets see!

Could be some retracement because of month level. After that strong dollar will continues to rise

DXY Bearish Crab vs Bullish Alt Crab Pattern Currently price is battling for dominance between two 'crustacean's' i.e. a bearish crab and an Alt bullish crab pattern. At the moment, looking at the close of this months candle it seems clear that price is ready to dive lower and resume the bearish trend that has been in tact since the end of 1985. However, ...

Dollar index will make an a small bullish adjustment to the 96.20-96.00 area, to continue later bearish looking for the 90.80-90.00 area.

US Dollar Index - 1D , Bullish Harmonic Pattern