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Dollar_index

DXY 96.06 + 0.57 LONG IDEA * TREND CONTINUATION HELLO EVERYONE HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE, HERE'S A LOOK AT POSSIBLE SCENARIOS THAT COULD PLAY OUT IN THE COMING WEEK ON THE DOLLAR INDEX. * The DOLLAR INDEX is in a clear bullish trend that rejected at resistance level 96.238 creating a double top at this structure, but momentum to the down side is not so convincing of a reversal, the BULL FLAG and the the retest of this structure also confirms this. * Now entering FIBONNACI LEVELS in the mix we see the index just tested 61.8 % fib rejection at this level with the bulls possibly signaling continuation. break above of resistance level 96.238 signals continuation with the bulls a 3rd rejection might bring about momentum needed for reversals lets see how it goes... IF THIS IDEA ASSISTS IN ANY OR IF YOU LIKE THIS ONE SMASH THAT LIKE BUTTON & LEAVE A COMMENT. ALWAYS APPRECIATED ____________________________________________________________________________________________________________________ * Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT. _____________________________________________________________________________________________________________________ | * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - SWING TRADE
TVC:DXYLong
by PULEMokhothu
Dollar Index Breaks Above Rising Trend LineDollar Index Breaks Above Rising Trend Line. Breaking Above 95.75 Points May Open The Door For 97.61. If today's retail sales report print positive, It has a big chance that USD Index may test 96.45 points first then 97.61 On the Other Hand, If Retail sales drop today, the USD Index may test again at 94.56 points. But It Won't change its uptrend bias. So, keep in touch in today's retail sales report. RSI is showing overbought. So if retail sales drop, downside correction is expected. But if retail sales print positive, that won't be hard to carry its uptrend bias.
TVC:DXYLong
by Gold_Trading_Expert
DXY possible scenarios TVC:DXY two possible scenarios about dollar index in daily timeframe + a harmonic pattern might be created soon at first I expect a pullback to the purple zone and then if it won't be a fake breakout and keeps going up after pullback , I'll be waiting for price action at 96 . I made almost everything clear on the chart , if there's any question I can answer , ask it in comments what's your opinion about it ? please mention your view in comments this is just a possible scenario , and there's no certainness in the markets
TVC:DXY
by mahdirhimi
2
DOLLAR- Time for a Correction?NFP coming up and i do not seem to agree with the 'news' : The US Bureau of Labor Statistics (BLS) will release the September jobs report on Friday, November 5 at 12:30 GMT and as we get closer to the release time, here are the forecasts by the economists and researchers of 10 major banks regarding the upcoming employment data. Investors expect Nonfarm Payrolls to rise by 425,000 in October following the dismal print of 194,000 in September. Dollar will most likely correct today. the FXPROFESSOR
TVC:DXYShort
by FX_Professor
7