DXY

We had an interesting occurance yesterday DXY related
USD and JPY one way and EUR the other way H1 chart gave us a strong move on the EUR/JPY

Trouble acomin' for the mighty DXY.?

Add a little fuel to the fire, DXY broke a short term demand zone, and a short time later breaking of the uptrend.

DXY 2018/7/8 : resistance area below 96 on weekly timeframe.

it shows 3 pin bars in the last 3 weeks, and 96 is the 50% fib line of the bearish trend from 2016/12/26.

DXY related

https://www.forexlive.com/news/!/the...gnals-20180706

DXY comment

https://www.forexlive.com/technical-...gains-20180713

certainly flying

daily chart

MMMMM

10Y H1

DX related

https://www.forexlive.com/news/!/cab...board-20180716

US Dollar is trading below the resistance level 95.24 and forms a rising wedge pattern in a technical 4-hour chart. We expect the bearish momentum to continue for next trading hours, greenback would get first support at 94.99 and if it sustains below this level then it will take second support at 94.94. Further mounting pressure will force the US dollar to fall till level of 94.65 after sustenance below the third support at 94.84 and it will hit level of 94.00 with solid breakdown.

If it crosses the resistance level then it could face hurdle at second resistance level at 95.30 and may witness a climb till level of 95.55 after breaching third resistance at 95.39

US dollar index is trading below the resistance level 95.24 and forms a rising wedge pattern in a technical 4-hour chart. I expect the bearish momentum to continue for next trading hours, greenback would breach first support at 94.99 and if it sustains below this level then it will get second support at 94.94. Further mounting pressure will force the pair to fall till level of 94.77 after sustenance below third support at 94.88. It will also hit value of 94.67 after solid breakdown of pattern.

If it crosses the resistance level then it could face hurdle at second resistance level 95.30 and may witness a climb till level of 95.66 after breaching third and fourth resistance at 95.39 & 95.53

US Dollar index is trading below the resistance level 94.37 and forms a channel pattern in a technical 4-hour chart. I expect the bearish momentum to continue for next trading hours, Greenback would get first support at 94.27 and if it sustains below this level, then it will get second support at 94.23. Further mounting pressure will force the US dollar to fall till level of 94.11 after sustenance below third and fourth support at 94.21 & 94.16. A solid breakdown of pattern will make dollar to attain level at 93.74

If it crosses the resistance level then it could face hurdle at second resistance level 94.42 and may witness a climb till level of 94.59 after breaching third resistance at 94.49

Hello everybody...im a new member here. Hopefully we can share our opinion and view later. Happy trading guys

US Dollar is trading below the resistance level 94.68 and forms a symmetrical triangle pattern, in a technical 4-hour chart. I expect the bearish momentum to continue for next trading hours, Greenback would take first support at 94.55 and if it sustains below this level then it will take second support at 94.48. Further mounting pressure will force the US dollar to fall till level of 94.20 after sustenance below third support level at 94.40. A solid breakdown of pattern will make the pair hit lowest level 93.81 in coming hours.

If it crosses the resistance level, then it could face hurdle at second resistance level 94.72 and may witness a climb till level of 94.84 after breaching third resistance at 94.77. On upwards side, a strong momentum could make the US dollar to attain height of 95.39

US dollar is trading above the support level 94.65, after breakout of downward wedge pattern in a technical 4-hour chart. I expect the bullish momentum to continue for next trading hours, Greenback would face hurdle at first resistance level 94.91 and if it breaches this level, then it will face second resistance at 94.99. Further mounting pressure will force the US dollar to climb till level of 95.38 after breaching third resistance at 94.99. A strong buying momentum will make it to attain a height of 95.17

If it crosses the support level, then it could get second support at 94.58 and may witness a fall till level of 94.40 after sustenance below third support at 94.51