Indeks Mata Wang Dolar A.S.Telah dikemas kini Dollar Strength Divergence 8/31/2020
DXY at the daily view.
The DXY tanked recently due to the Japanese Prime Minster resigning due to health related issues. That caused the Japanese Yen to rally and the dollar to sink more. As a result, that event ruined my potential inverse head and shoulders pattern... rats.
The DXY seemed to have been saved by the RSI uptrend support at the daily view. I did see something interesting. The dollar's "price" is at a downtrend. However, the daily RSI is at an uptrend. The divergence is still ongoing. This seems like that the bullish divergence that hasn't quite played out yet.
How far will this bullish divergence will go? I have no idea. If the dollar forms a complete IHS pattern, then it may provide a clue when big tech and PMs may pullback. Until then, I'll be waiting... again.
The DXY tanked recently due to the Japanese Prime Minster resigning due to health related issues. That caused the Japanese Yen to rally and the dollar to sink more. As a result, that event ruined my potential inverse head and shoulders pattern... rats.
The DXY seemed to have been saved by the RSI uptrend support at the daily view. I did see something interesting. The dollar's "price" is at a downtrend. However, the daily RSI is at an uptrend. The divergence is still ongoing. This seems like that the bullish divergence that hasn't quite played out yet.
How far will this bullish divergence will go? I have no idea. If the dollar forms a complete IHS pattern, then it may provide a clue when big tech and PMs may pullback. Until then, I'll be waiting... again.
Nota
Whelp, dollar just broke RSI support. So much for this theory.Nota
Whelp, I was wrong and it just keeps sinking. Looks like it's going to be a wait and see week with the DXY.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.