BoonHooi

Still believe in the USD Weakness to come, this is why.

Short
FX:USDOLLAR   Dow Jones FXCM Dollar Index
I have not used the MACD indicator for quite sometime, but this afternoon's discussion with a fellow trader made me look at MACD again today.

The USDollar Index is approaching the resistance trend line and at the same time, the MACD is showing us a bearish divergence. Price made a higher high, but the MACD made a lower high. As what all indicators do, they give us a probable indication of what is to come (remember nothing is certain).

Hence I am looking for trades with USD weakness
Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.