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Usdx

Haven ready to break its July highs!Double tops very rarely hold. Here we see a nice trend and this protocol has a unique stablecoin... Not many listings and that could change at some point. It could easily take out the Bittrex ATH and then test the actual ATH from Tradeogre. Coming out of such massive capitulation is massive and there is a real driver for demand. The more it grows, growth accelerates as people can usd XHV to create USDX a private stablecoin. The most recent Kucoin listing is good as despite the hack, Kucoin has come back very strong as newbies came back.
XLong
by BitcoinMacro
1
DXY TO 78'S - VERY VERY LONG TERMFROM THE START OF 2021 WE ONLY TRADED UPWARDS UNTIL RECENLTY. WE MIGHT HAVE THE HIGH IN HERE WITH LOADS OF DOWNSIDE POTENTIAL ON THE DOLLAR. WE STILL NICELY ABOVE THE YEAR OPEN WITH A LOT OF DOWNSIDE IN PLAY TO REACH THE YEAR OPEN AND THEN CREATE THE DOWNSIDE FOR 2021 LOOKING DEEP DOWN BELOW 80 IT SEEMS WE CAN RUN DOWN TO 78S TO HIT THE MAJOR LIQUIDITY LEVEL. DOES IT HAPPEN IN 2021 (COULD ROLL INTO 2022) I AM VERY BEARISH DOLLAR FOR THE REMAINING OF THE YEAR. (OF COURSE THERE WILL BE MOMENTS OF UP MOVES TO BE CAREFUL OF THOUGH) ALSO SEE MY FIBRE CHART IN RELATION TO THIS
TVC:DXYShort
by SolidTrader85
USD TO BREAK RESISTANCE ? After two attempt USD failed to break the next dayli resistance and was smashed away to complete the W formation pattern and we are currently at the neckline level where we should see some bullish move and if we have the right volume we should be able to break the next level of resistance if we have a nice impulse to the upside. If you guys enjoyed this analysis like and share. If you have a different opinion I would love to hear about it in the comment area below. Trade safe !!!
TVC:DXY
by TheDayzen
2
USD Index eyes further 2% drop, seasonal trends bearish! 📉Hello traders, The US dollar has been in a strong downtrend in the recent months as risk sentiment improved significantly. Markets are always looking 6 to 18 months in the future, and positive vaccine news promises global economic recovery in the next year. Moreover, US President-elect Biden's plans to increase fiscal spending puts additional selling pressure in the US dollar, and rising stock valuations attract funds to the market and increase USD supply. The latest CFTC report showed that the aggregate USD short position increased to USD 27.1 billion . The current positioning has some room to go until it reaches a 52-week extreme positioning. Because, if everyone is already short, who will be selling? Seasonality trends based on the last 33 years show that the US dollar tends to have a bearish bias into the year end, starting from mid-November. Given that the end-of-year rally in stocks will likely put further selling pressure on the greenback, we could soon see the 88.xx area and even a break below. Please hit the "LIKE" button if you find any use in this post, and don't forget to comment!
TVC:DXYShort
by MujkanovicFX
6