Weekly view on DXY

11 may 2016

Range 100-93 is done. with DXY bulls losing momentum. it may test 88 level.

13 may 2016

Nota

For now, DXY is back in Bullmove (luckily maybe due to 2 Fed words last night)
H1 goes back above EMA500 and RSI flying autopilot above 50. a break below EMA500 and RSI break below the black-line, maybe.

13 may 2016

Nota

Note fro H4, rsi &macd back in bull. a trip down in H1 may trigger a crossback below in h4?

13 may 2016

Nota

13 may 2016

Nota

D- should stop at 94.8

13 may 2016

Nota

16 may 2016

Nota

H4 bearish divergence. 94.6 is temporary resistance at work.

17 may 2016

Nota

H1 TA: bearish now.

18 may 2016

Nota

changing view:

18 may 2016

Nota

I'm still bearish on USD. my predict:

18 may 2016

Nota

just about time.... dollar suddenly rallied just before asia session closed... today we shall wait for the outcome of the reading of the fomc meeting minutes

18 may 2016

Nota

40mins before the FOMC minutes release.
quite topping

18 may 2016

Nota

23 may 2016

Nota

s3.amazonaws.com/tradingview/snapshots/c/ca0UcWwJ.png
Surprisingly, DXY kept the range. (reminder: the box was even there before the price entered the box).
G7 meeting had no impact, Manufacturing PMI worse than expected.... I'm expecting a big drop, either a reversal, but more towards a correction

24 may 2016

Nota

OK now.... seems like the good figure from new home sales data has already priced in since Asian session by gold drifting down from 1248 to 1233. DXY up slightly just before the data came out.
Time to challenge the mighty dollar. how strong can u go now. let s put a hammer on top