DX1! trade ideas
How the value of the Dollar and Gold impact marketsThis is a little different than what I usually do. Very straight forward line charts of the IXIC, DJI, and SPY. Showing how the changes in the value of the Dollar over Gold, impact the market. I know this isn’t the only influencing factor, as each market has its own levers, but this simple deviation of the two can weigh heavily on the markets.
be sure time to sell dollarwe seen dollar target 1= fibo 61% and can drop to fibo 161%
so dont fear sell dollar in next 3 week
next days is exclent time for buy gold , sell dax index
US Dollar to reach $93US Dollar has broken out of a down trend. It's not out of it yet but there's a higher low at end of Feb.
20MA is above 50MA and this means a short term up trend is in place. Today's candle should close above yesterday's, signalling a reversal.
I'm forecasting a stronger Dollar but for now, target profit 1 is $93 area.
Target profit 2 is $95 but that will be awhile still, and depends on the price action if and when it hits $93.
Disclaimer: I'm not giving any trading and investing advice. I'm just sharing my chart observations.
If you have any symbols that you'd like me to analyze, feel free to drop me a comment.
Thanks!
dont fear sellimit on daily Ema200we predict dxy will touch daily ema200(orange line) then will start new down trend
daily chart view AC(accelator occilator or stochastic 5-3-3) is red ,this mean seller pressure wil be l high
30%=if dollar index can break high ,will see fibo 61% 98 then will crash
70%=after some zigzag will break low,this mean new down trend start for 80
put buystop on high,sellstop in low is exclent for now
Dollar strength all the way?Price could still reverse and break the 91. level for a retracement.
However I'm Short AUDUSD and Long USD MXN.
USD DOLLAR bearish 90.40 & 90.00key reversal and insurance bar signs for weakness. 90.40-00 initial support
fibo 61% is target we calculate many thing and find dollarindeex will see 80
we advice stand in sell side,looking for sell ,dont pick buy signals
DXY 88-87If you want to bubble in the stock and crypto market, first weaken USD. Than you will get what you want.
DXOne!Not legal and financial advice;
Any information provided here is only the personal opinion of the author.
new down wave starteddollar index if break low,can see 85$
best time for buy gold and hold until 1920
DX: buy stop 90.38 SL 90.15 TP 90.75A short-run corrective bullish bounce till early TH is expected, while the major positions are still bearish from TH-FR this week.
Gann Fan Analysis and Short Term ProjectionDXY appears to have an opportunity for upside recovery early in the next trading week if price holds above the current fan angle until today's market close.
