Us Dollar destiny

day trading dollar

US Dollar 80.000 price

US Dollar 80.000 price, are they key price for us dollar surviving.

This chart was only to show, why I’m saying 80.000, are so important. On one of my sooner post(video), I saying, if US dollar don’t close above 80.000, sellers will be back…and they did. Is how this price is important to control by buyers to keep the Us dollar price Up. Or by Sellers to bring they Us dollar price even lower.

us dollar M pattern trading

US dollar “M” pattern

This is a pattern I call long time ago. Is about half way from the end.And right now, is testing a very key bottom, that if it start to be by sellers with strong commitment, sellers will end this pattern quite faster than you think.

bearish Dollar

On this chart, I simply show how this week will be very important for buyers. If they fail to break the bearish trend. This won’t be good for Dollar. I will agree, volume from last move up, was very good, but is not surprising to see buyers saving dollar from strong sellers sells.

If they succeed to break this Stocks bearish trend, they will simply go back to 81.50 , 82.00 , where’s new challenge waiting them. It will be very hard to keep that much commitment on buyers side, to go above and keep pushing Dollar price above 82.0

day trading euro

On this chart, simply look how Euro are also, re-testing very important strong bullish trends.

next week, will be very important for the market. after two week on consolidation, it will be nice to see a new market direction. Will S&P500 go, make new highs , or …no?