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Usdxshort

Dollar index completes pullback, more weakness aheadTrading plan After breakout of the range at the end of May, trend is clearly bearish. Fundamentals speak about selling bias too (Fed's Bostic comments, hints about more stimulus, partial lockdown reversals in the US). Bullish pullback has been completed completed in unusual double-top pattern which played as a trend continuation pattern (yes it happens sometimes). SELL from 96.50 zone with target at June 10 bottom. Stop Loss: 96.80. R/R: 1:3 Press like if you support this idea!
TVC:DXYShort
by PipVision
doLLA HOLLA ... DOLLAR DEATHTRAP / KILLBLESSED "GREGORIAN NEW YEAR" not much is needed more than what should be plainly visible in DXY chart. and not to grip and seek out DOOM and GLOOM, but unfortunately i was handed a pretty strange "gift" to add to what is both technically and now fundamentally playing out: last december i was handed a series of dreams/ visions regarding currency collapse. the dream/ vision was not stock market collapse but GLOBAL CURRENCY COLLAPSE, well before the Deutsche Bank, Fed "Repo" pump scandal taking place right now... and while any and all will like to discount all this, im sorry, after i was handed a Biblical Acts1:8 encounter back in Dec 2009, that came with tangible Mark16:17,18 evidence i walk in, i have consistently gotten "glimpses" to direct all that will be wise and humble enough to hear: all this of course GOD has done as a setup, so that perhaps i may gain your ear, on what EXACTLY HE TOLD ME THE VERY NIGHT OF MY ACTS1:8 THAT WILL FULLY DEVASTATE THE WHOLE PLANET. good day now. TVC:DXY TVC:GOLD
TVC:DXYShort
by merochero
USDX approaching resistance, potential drop! USDX is approaching our first resistance at 96.14 (horizontal swing high resistance, 61.8% Fibonacci extension, 76.4% Fibonacci retracement) where a strong drop might occur below this level pushing price down to our first support at 95.06 (horizontal swing low support, 50% Fibonacci retracement, 100% Fibonacci extension). Stochastic (55,5,3) is also approaching resistance and we might see a corresponding drop in price should it react off this level.
TVC:DXYShort
by FlowState
USDX approaching resistance, potential drop!USDX is approaching our first resistance at 94.37 (horizontal overlap resistance, 50% Fibonacci retracement, 100% Fibonacci extension) and a strong drop might occur below this level pushing price down to our major support at 94.00 (horizontal swing low support, 76.4% Fibonacci retracement). Stochastic (55,5,3) is approaching resistance and we might see a corresponding drop in price should it react off this level. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
TVC:DXYShort
by Tickmill
US Dollar Index at potential support around 93.70/94.00 ?The US Dollar Index broke lower from its consolidation, dropping to fresh lows at 93.83 levels. Please be aware of a potential bear trap around 93.70 and 94.00 levels since the entire region is fibonacci 0.382 support of the previous rally between 88.00 through 97.00 levels respectively. Looking at the wave structure, it could still remain probable for the index to carve out an expanded flat as wave B. If the count holds, we would not be surprised to witness a rally towards 95.50/96.00 levels going forward. At the moment, we are changing our stand from bearish to neutral. Disclaimer: This written/visual material is comprised of personal opinions and ideas. The content should not be construed as containing any type of investment advice and/or a solicitation for any transactions. It does not imply an obligation to purchase investment services, nor does it guarantee or predict future performance. FXTM, its affiliates, agents, directors, officers or employees do not guarantee the accuracy, validity, timeliness or completeness of any information or data made available and assume no liability for any loss arising from any investment based on the same.
TVC:DXY
by FXTM
US Dollar Index Wave B as Expanded Flat ?The US Dollar Index is also consolidating within the rectangle region highlighted on chart here. Looking at the wave structure, Wave B could be still unfolding as an expanded flat a-b-c, before Wave C decline could resume. If this count holds true, we could witness a sharp rally towards 95.70 or probably 96.00 levels as Wave B termination point. Also note that a break above 95.00 levels would instill further confidence for the above count. As an alternate though, a break below 94.00/20 consistently, would be further bearish for the US Dollar Index. Overall bearish structure remains intact towards potential 91.50 and 92.00 levels going forward. Disclaimer: This written/visual material is comprised of personal opinions and ideas. The content should not be construed as containing any type of investment advice and/or a solicitation for any transactions. It does not imply an obligation to purchase investment services, nor does it guarantee or predict future performance. FXTM, its affiliates, agents, directors, officers or employees do not guarantee the accuracy, validity, timeliness or completeness of any information or data made available and assume no liability for any loss arising from any investment based on the same.
TVC:DXYShort
by FXTM
US Dollar Index could test 95.70 levels again ?The US Dollar Index short term picture could still remain encouraging to bulls if prices stay above 94.40 levels. The index is probably carving an expanded flat corrective wave structure as potential Wave B. If this structure holds well, we could see prices rally back towards 95.70 levels at least or even push through 96.00 mark. The rally on Friday from 94.38 lows through 95.00 could retrace lower before resuming again. Overall the medium term wave structure (several weeks), could remain bearish towards 92.00 and 91.50 levels respectively. Disclaimer: This written/visual material is comprised of personal opinions and ideas. The content should not be construed as containing any type of investment advice and/or a solicitation for any transactions. It does not imply an obligation to purchase investment services, nor does it guarantee or predict future performance. FXTM, its affiliates, agents, directors, officers or employees do not guarantee the accuracy, validity, timeliness or completeness of any information or data made available and assume no liability for any loss arising from any investment based on the same.
TVC:DXYShort
by FXTM
USDX approaching resistance, potential drop! USDX is approaching our first resistance at 94.91 (horizontal overlap resistance, 23.6% Fibonacci retracement) and a strong drop might occur below this level pushing price down to our major support at 94.40 (horizontal swing low support, 78.6% Fibonacci retracement). Ichimoku cloud is also showing signs of bearish pressure in line with our bearish bias. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
TVC:DXYShort
by Tickmill
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