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Daniel Stasziek

Long term DXY - USD

This is an older chart, as you can see we crossed that center blue line (meridian), retraced back and close to breakout again, if the price stays above that center blue line we can expect DXY to rise to 110-112 for a long term outlook.

It is nice bullish rising channel, so we can expect lots of USD shortage on market and USD rising on all pairs. I will keep eye on Bitcoin as well, it would be interesting if it drops due to USD pressure and crisis, could prove to be profitable buy on low prices (once we reach upper part of DXY channel)

Be careful with your trades and good luck!

 

MZKUA4vV

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Viktor
Senior Forex Market Analyst
Contributor at Forexmospherians.com
Currency Pairs USD, EURO, GBP, AUD, CAD, NZD, JPY

Comments

  • Hi Viktor,

    Some pretty good charting here and I follow exactly what your saying. If Splithand was about tonight he would put an Andrews Pitchfork in here.

    Good to mention Bitcoin too, I have the yearly on a downward trend but my techs on the current Bitcoin have a 123B plus MC plus continue long. My thinking would be to go bull when your signal is triggered (mine was triggered this morning to long) but run up a diagonal dynamic suppport as a trail and use a stoploss a long at that rising slope.

    Best Regards,

    Sir Gissachance

    • I would love to see Bitcoin around 3000 or even less as buying opportunity, lets see if it happens, Daniel could know more about this, he has best view on cryptos!

      wgYbmHO7

      • that bottom line could be tricky and we could even end up on 1000 level or even lower, so better to wait for now

        uqg9BGMS

    • You guys cant be fairer than that and as usual on the money with your longs. Fantastic work after an extended period of quiet times you guys come back in the Forum on the trigger day and say long Bitcoin, extraordinary work, the amazing Sir Gissachance and the Forexmospherians!

      "December 2, 2015 at 6:27pm; "It takes no effort at all to imagine that Sir Gissachance can read any instrument in any time frame day in and day out, thanks for the videos, alerts and charts."

      http://www.forexmospherians.com/blogs/the-amazing-sir-gissachance-f...

      The Amazing Sir Gissachance and Forexmospherians Traders
      The spectacular, the incredible and the extraordinary Crystal Ball Analysis from the amazing Sir Gissachance as posted in CLICK HERE FOR: Trading and…
  • It seems very likely for EURUSD to hit 1.12 before crash

    7V0Qu5HC

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