DXY: Basically

١١ نوفمبر ٢٠٢٢

This is Jimmy Moonboy forecasting DXY's movement. My previous posts explained the bearish divergences and broken structures in more detail.

Enjoy ;-)

١٣ نوفمبر ٢٠٢٢

ملاحظة

DXY heading towards the 200-day moving average.

٢٣ نوفمبر ٢٠٢٢

ملاحظة

Further signs of weakness on the weekly chart with this new candle forming. Major support zones are shown below:

١ ديسمبر ٢٠٢٢

ملاحظة

Following up from my update on November 13th, the DXY is now sitting at the 200-day moving average. If it starts breaking below this, it is extremely bearish.

٣ ديسمبر ٢٠٢٢

ملاحظة

Another quick update: DXY has broken below the 200-day moving average, came back up and got rejected on it. Also, the horizontal support level has been broken. Still looking bearish in my opinion, and I would not be surprised to see this go somewhere between 100 - 103 in the coming weeks.

١٣ يناير ٢٠٢٣

ملاحظة

As expected, DXY has fallen between 100 - 103 per my previous update. We are now at the weekly .5 fib retracement.