U.S. Dollar Currency Index TVC:​DXY

Comments on the chart. Please wait for weakness before shorting. A 3rd wave can continue past the indicated resistance on the chart. Why stand in front of a bullet train? The second thing is this: Instead of trading a wave 4 why not wait to buy the 5th wave? Leave trading the wave 4s to shorter term traders and scalpers who can nip in and out of the markets at ...

Simply looking very overbought and toppy with MACD and RSI indicating DXY is most overbought since early 2017 and therefore indicating a correction downwards is due. FED pausing on rate hikes would accelerate this dramatically lower.

DXY

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. ...

95.00 resistance and 94.00 support is a key area of interest for the Dollar as you can see how price reacted previously to these levels. It has tapped 95.00 today and pulled back so there is bullish pressure there, but can the bears keep it below this level and closer to 94.00?

A perfect shooting star pattern on a descending trend line for the Dollar. Reversal at play off of this so expect some weakness for the Dollar this week!

US Dollar Index - Daily, Bearish Harmonic Pattern

The last two weeks we have seen some bullish moves with the Dollar which broke the DXY out of a low range. However on a weekly chart, we can see it has now reached a descending trendline around the 93.00 level. Could this be a bit of a make or break move for the Dollar? With a break to the upside and push towards previous 2017 highs or a rejection and downside ...

dollar index - h4 chart - selling on rallies due to dollars bearish trend. 3 drive reversal setup giving us confirmation of the weekly resistance holding

Looking at the chart, if we get a close above todays open today. Then we have regained a bullish stance for the DXY. May + June could see the DXY rise to 100.00 I've marked off the two areas of most convincing resistance to me. So will be looking for pullbacks to sell GBP and EUR versus the dollar.

The Dollar Index has been stuck in this wedge pattern since the beginning of 2018. After a large fall from the 95.00 area it seems to have stalled and now deciding on whether to continue pushing down, or prove this wedge pattern is the bulls getting ready to go! Between 90.50 and 80.50 seem to be keen bounce areas for price to reverse so keep an eye for a a strong ...

the dxy has been bearish for a while now after previous weeks, now reaching oversold levels coupled with the news coming out later could this be a turning point for the index i think so.

Dollar Index could range for some more time, but i would expect to see the next push down in the near future.

After a drop down to target, the DXY has formed am inverse head and shoulders , with the upside target still to be reached.

If #dx #usindex can clear the mod schiff median it gets quite bullish - target the ABCD 1:1 confluence of regular fork median & mod schif UP

DXY broke the resistance trendline and price retested indicating a possbile long opportunity.