DXY could continue towards 89.60 before running towards 91.40 Levels. At those levels, it will be watched for the down-trend to continue. *Please like and share if you found the idea useful. Thanks!
Hey Traders, We can wait for confirmation if we complete this C wave, look for short from top. Good luck!
Trading tip: Caution is needed with the Wave Counts below as the Dollar Index could "pull" its last available "joker" in its sleeve and extend the Corrective Structure towards a Triple Three, thus resulting in a temporary Bullish outcome before the expected fall. Members already took profits on the previous BIG RED BEAR knocking on your door! Part 2 - DXY 2H ...
Once again the ECB is challenged with managing market expectations, while at the same time assuaging concerns within the governing council that the prospective tightening profile (if we can call it that) is starting to lag the growth seen (on average) in the region. Emphasis is being placed on the possible wording on the easing bias, which naturally is hard to...
USD/JPY has been the most confusing dollar cross as other have rapidly depreciated against the dollar whilst the Yen has done the inverse and actually Appreciated! All thing being equal, the global equities sell off and corrections could spell pure investor fear causing large funds sucking up lots of Yen in Anticipiation of a Market Drop. The 106.50 Key weekly...
Dollar Index (DXY) is currently trading within a Complex Corrective Structure (WXY), with the last piece remaining to unfold on the Bullish side. After this scenario would be validated, I would be expecting a last Bearish Trend (which could be significant), thus leaving room for EUR/GBP/XAU/XAG to complete their last Bullish Swings for each of their...
Looking like the dollar crossing the daily trend line is a failed rally. More down side to come in the very very near future.
EUR/USD Has seen it Exhausted 2000+ Pip Bull Run Come to A Halt. A double Top is Seen on the Daily Timeframe that is essentially mirrored inversaly on the DXY. Tommorows CPI numbers for the Euro could prove to be a catalsyst for a break of this structure. CBOT:TN1! Have been rising as well thus bringing the Dollar Strength narrative into play. When the Media...
Hello everyone. My name is Virginia TElphee and today I’m going to explain to you my thoughts on USD that will help us better navigate ALL forex markets in the coming months. Please note these are just my opinions and should not be considered investment advice. Looking at this Daily candlestick chart of USD index – ticker symbol DXY a few general observations are...
DXY Wave Count is pointing out towards a possible fall towards Minute %, which would finalize, in my personal view, the end of the down-trend and Primary A.
There looks to be a general consensus among forecasters that the weather will play a key part in job creation, which may hamper numbers to some degree. That said, the volatility in the monthly job gains has notable, ranging inside 150-250K, though inside these levels, the Fed will be content in maintaining their program of gradual rate increases through the year....
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EURUSD GBPUSD DXY XAUUSD CCUUSD and many more 19:07 Cable now through 1.4200 19:06 USD rallies on comments - EUR/USD falls into low 1.2400's 19:06 US pres. Trump says Mnuchin comments out of context, Ultimately wants to see stronger USD. 18:48 Excessive USD moves causing unrest among central banks - ECB and SNB clearly unnerved - RBA and RBNZ next? ...