Bear on DXY

13 déc. 2018

Hi guys,

It has been a long time I did not post anything, but I short on DXY last year, and long it on the first 6 months this year, but now I am going to turn over to short again, just see the chart
MACD has showed the bearish deviation on D chart, also the trend line has been broken on 4H chart.

Short it until the D chart shows the bullish deviation on D chart.

19 déc. 2018

Note

Please beware of the price and trend line

20 déc. 2018

Note

The price break down the trend line, beware Friday and Monday may face for a retracement back to the trend line, the 1st target is 95

20 déc. 2018

Note

The first target is 94.

21 déc. 2018

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Additional information, just for reference

27 déc. 2018

Note

When price breaks down the 3nd trend line, it will drop lower. target will be 94 as first

28 déc. 2018

Note

Let us see if the price will go lower or not, according to the 4H chart, but break down has been confirmed, we may expect the DXY will move to the target 94

11 janv. 2019

Note

There is an update for DXY, it is confirmed downtrend, just wait for the price touching the MA, then short again

15 janv. 2019

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Price got a retracement, let us see how the price will move, I strongly believe the price will have a deep drop

25 janv. 2019

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Update for the potential target

14 févr. 2019

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Quick update for DXY, still insist the US dollar is on the downtrend, but need to consider the reality

21 mars 2019

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Quick update on DXY, see what signal will show soon.

1 avr. 2019

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Just changed my mind to short EU to the end of this year. It just break upon the Daily trend line.