Technical analysis for the FXCM dollar index, the index is stuck in a range for four weeks. The bias is still to the downside as a continuation of the breakout,…
Read the post
FXCM dollar
FXCM dollar index Technical analysis, the index closed the week with bearish engulfing resuming the bearish trend
Technical analysis for the FXCM dollar index, the index closed with bearish engulfing on the weekly char, breaking below previous daily low at 11 704, resuming the bearish trend. The…
Read the post
FXCM dollar index technical analysis, the index bounced from the 0.618 FIB retracement, breaking out of consolidation
Technical analysis for the FXCM dollar index is showing, that the index bounced from the 0.618 FIB retracement, closing the week with a bullish engulfing candle on the weekly chart….
Read the post
FXCM Dollar Index Technical Analysis formed tweezer tops on the weekly chart, a signal for resumption for the weekly bearish trend
Technical analysis for the FXMC dollar index is showing that on the weekly chart the index formed tweezers top a signal for potential resumption of the weekly bearish trend. The…
Read the post
FXCM dollar index Technical Analysis, the index reached a key resistance zone
Technical analysis for the FXCM dollar index is showing that the price is still within the daily bullish run, but it reached a resistance around 11 910 – 11 915….
Read the post
FXCM dollar index – Technical analysis, trading in a range, form descending triangle on the 4H chart
Technical analysis for the FXCM dollar index is showing that the price is trading in a range and form a descending triangle on the 4H chart. Break above the descending…
Read the post
FXCM dollar index – retesting the breakout area, which is now a support zone on the daily chart
Not much changed in the past week. After the initial breakout in the weekly and the daily charts, the price pulled back to retest the breakout. The first target of…
Read the post
FXCM dollar index – broke above descending wedge weekly charts
The index broke above descending wedge on the weekly, and the daily charts and above the previous daily and weekly high. The first target for this breakout is at 1.272…
Read the post
FXCM dollar index bounced strong, closing with bullish engulfing on the weekly chart
Despite the strong bullish momentum from the last week and the closing with a bullish engulfing candle on the weekly chart, the price reached resistance, and we need further price…
Read the post
FXCM dollar index – broke below the bearish flag on the 4H chart
The price broke below the bearish flag on the 4H chart and below the neckline on the 4H Head and Shoulders, resuming the bearish monthly, weekly, daily trend. The first target…
Read the post
FXCM dollar index – broke out of a range
technical analysis – 7 – 13 February 2021 It was an interesting week for the USD, we witnessed break out of a range, to the upside, on the 4H and…
Read the post
FXCM dollar index technical analysis for 2021
The dollar started a new bearish trend and we are within the 3rd wave on the weekly and monthly chart of that bearish trend. The main levels to watch are…
Read the post