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Dollar_index

Dollar: Full Top Down Analysis Update with EU, GU, AU and SilverTraders, DXY has reached one the of the targets that we had in our long term plan. We have been following the higher time frame structure which clearly pointed that the dollar index was bullish from 89.2 level. Since then our bias has been bullish irrespective of fundamentals and news. We also noticed that on the weekly timeframe, there was a W Pattern (FCP Pattern) which could push the price up. Then later we also got a double bottom at 90 level confirming a bullish scenario. Last week we were looking for parabolic move in the USDOLLAR and that's what this market gave us. It reach of the targets at 38.2 fibnonacci of the weekly M pattern. It can still go higher but because it has reached 38.2, there can be a little correction to the downside. So we will monitor this correction. This correction can turn into substantial move because there are open gaps available and historically this market has never left any gaps open. If the correction does not pick up any momentum then this market can go to 95/96 area too. On weekly time frame, EURUSD has broken through and important levels of support and has created a head and shoulders pattern. But it may try to go back up to retest some of the previous levels. AUDUSD is looking bullish GBPUSD is also bullish but does not have clear structure. Silver broke through the support level but failed to confirm it. The candle stick pattern is a bearish one so this market is something to watch out for. There is a gap at 15 which needs to be filled. Rules: 1. Never trade too much 2. Never trade without a confirmation 3. Never rely on signals, do your own analysis and research too ✅ If you found this idea useful, hit the like button, subscribe and share it in other trading forums. ✅ Follow me for future ideas, trade set ups and the updates of this analysis ✅ Don't hesitate to share your ideas, comments, opinions and questions. Take care and trade well -Vik ____________________________________________________ 📌 DISCLAIMER The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of education only. Not a financial advice or signal. Please make your own independent investment decisions. ____________________________________________________
OANDA:XAGUSD
by vikinsa
4
DXY create bearish butterfly pattern. So, BUY NOW.... DXY chart Hopefully create bearish butterfly pattern. So market goes to 92.800 and 92.850 Neckline zone. If break out 92.900 resistance zone then market huge buy to 93.000 & 93.270 zone. If the market break out 92.350 support level then then market goes down to 92.000 support zone. AronnoFX will not accept any liability for loss or damage as a result of reliance on the information contained within this channel including data, quotes, charts and buy/sell signals If you like this idea, do not forget to support with a like and follow. Traders, if you like this idea or have your own opinion about it, write in the comments. I will be glad.
TVC:DXYLong
by AronnoFx
DXY Monthly Bullish Divergence- I've noticed that the DXY has a monthly Bullish Divergence formed. The move looks coiled up and ready to happen. If it goes the opposite direction and dumps, it will be the first time in..., well I don't know how long but farther than 1986 anyway. - I've noted some other past divergences so that you can see how they played out. They do tend to always follow pattern. Be on the lookout for possible DXY upswing. - I extrapolated the bars pattern from the previous move to see where it could go. - Remember this is a Monthly chart so it carries a lot of weight.
TVC:DXY
by Dojiman_