DXY: Dollar Index Dollar Downtrend Finally Reaching its End

TVC:DXY   美元指数
DXY Dollar Index Dollar Downtrend Coming to an End
Despite the spike and noise surrounding CPI numbers
yesterday DXY has been forced back down the same small
parallels it was travelling down before the numbers hit the
newsfeeds. As in last comment Dollar bulls still have the
double bottom on their side here. The last one was one week
apart, this one is 2 weeks apart. The Dollar is likely to hold
here at these lower levels and then begin to rally. It's waiting
on Wall St to open now but bears in London have failed to
push it below the double bottom . A sign of waning downside
momentum. Once it can break above the upper small parallel
guiding the descent it should attract more buyers and move
back up to test the 89.37 line where it will likely meet
resistance has to push on through here during the
course of today for the bulls to gain more traction and flip
DXY into more positive mode from this point. This battle may
take some time to resolve - DXY has to fight its way through
three lines of near term resistance at 89.37, 89.51 and then
89.62 to turn back to positive again. Look to buy dips here
and on the pairs with stops under 88.40 on DXY for small loss
if wrong from here. Increase longs on move above the smaller
upper parallel.
On downside, DXY will have to break below 88.40 today to
change this view to near term negative but only back to 87.70
at lowest where DXY should find final support and begin to
rally again. But so long as 88.40 holds up today the Dollar's
downtrend is finally coming to an end.
首页 股票筛选器 外汇筛选器 加密货币筛选器 财经日历 如何运作 图表功能 价格 网站规则 版主 网站 & 经纪商解决方案 插件 图表解决方案 寻求帮助 功能请求 博客 & 新闻 常见问题 维基百科 Twitter
概述 个人资料设置 账号和账单 寻求帮助 已发表观点 粉丝 正在关注 私人消息 聊天 退出