U.S. Dollar Currency Index TVC:​DXY

D1: - Structure: uptrend - Tendency: upward - Pattern: CUP pattern. - Above support - Pinbar on D1--> pullback --> Waiting signal--> UP

DXY NOW! H&S or Way UP!

D1: - Tendency: Upward, but weaking - Test resistance Daily--> Give bearish Bar ! --> Down

ABCD pattern forming --> Pullback ! Prior analysis https://uk.tradingview.com/chart/DXY/46gDLFjP-DXY-US-Dollar-Curency-Index/

DXY broke the resistance and I consider this will start a pullback until touch the resistance in order to convert it into support. and then my next target will be 98.00 Lets see how it goes!!

US Dollar Index - 4H , Bearish Harmonic Pattern

Daily candle closed bearish, we could see a little pullback and then continue the bearish movement until 93.50 region

Resistance found on DXY at 95.00 with some indicative price action. Right shoulder achieved with the daily close, closing as a shooting star. If major trend line is broken, I anticipate a bearish leg to the downside, with a pull back to retests the trend line before aiming for new lows of 92.50 - 93.00.

It looks like DXY will still be heading lower in the short to medium term after last Fridays close below the 61.8% level measured from 95.53 to 93.71, thus, a bearish 2618 trade signal following the double top above. At the moment it is difficult to assess the medium term trend for currencies with all the political turmoil in Europe and the uncertainties ...

retest and rejection of trend line, Elliot wave correction underway with 61.8% -76.8% retracement near previous region of resistance (double top)... A-leg correction violated previous HL, making a new found low with B-leg correction making a LH hence change in market structure. `could witness a bearish push down for the next 3 days... this suggests possible longs ...

As you can see from the weekly chart above there could be a larger timeframe Head & Shoulders in play. Price is currently rejecting the $95.00 level again this week which could indicate USD losing some of its recent momentum. If price produces another bearish close on the week we could see USD prices back into the key area of $91.00. For the head and shoulders ...

We saw a slight retracement in the DXY recently, and then a big rally and some cooling off. its met levels of resistance around the 95.50 area. can we see another slide down the chart for the dollar again. this could mean good set up for the corresponding pairs especially EURUSD and gold looking to bounce back also.

trendline show DXY will go up

US dollar index remains under heavy selling pressure failing to hold price above the 95.00 level.

Friends, As you know we have seen on Thursday and Friday sessions USD made a significant reversal and it looks like USD is going to fade the FED hawkish tone and ECB long-term plan is going to be in play earlier. The reversal started Since one of the chief economist on BoE voted for a rate hike on August and that cause an impulsive move on Sterling and soon ...

Rate Hike anticipation has turned Dollar bullish ..

US Dollar Index - Weekly , Bearish Harmonic Pattern

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. ...