Currency Pair: DXY Time Frame: Daily, 4hr, 1hr & 5min Predicted Direction: Long
Live DXY updates will be available in the comments section below.
The brief trade analysis presented above is my predicted direction and requires multiple different indicators and confluence factors prior to validating a trade opportunity. Should my daily predicted direction be incorrect no trade opportunity will be generated.
Commentaire
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DXY playing out perfectly with a simply 1hr B&R Short NZD.USD as i see continued strength in DXY
Great analysis - once more. I totally agree with it. EURUSD maybe showing short setup as well next days. If ever this might occur this might effect European Stockmarkes also.
UnknownUnicorn180388
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@SwissView, I see EUR.USD testing the historical daily descending trendline resistance, should it break that the hole dynamics of the pair changes.
We will see how market opens :-)
TTCSteve
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@SwissView, the 5 wave move I'm counting as wave c of a flat wave B of a much larger C wave lower...in other words we're topping out for a big run lower this year. Time being the main question, March or May start? Anyways, just thoughts as you look to be counting waves too.