DXY vs. EURUSD February 2021

ANALYSIS 27-FEB-2021

PRIMARY SCENARIO:

As long as 89.66/89.15 holds support, we can see more upside targeting 91.16, 91.38, 91.81, 92.09, 92.67...

NOTE: STRONG RESISTANCE: 92.03

ANALYSIS 26-FEB-2021

As long as 1.2243/1.2357 resists, I expect more fall.

Downside targets: 1.1947, 1.1844, 1.7500, 1.1598-1.1540

ANALYSIS 24-FEB-2021

EURUSD

UPDATE 2:

UPDATE 1:

I could see inverse Head & Shoulder.

Initial break of 1.2187 needed for bulls.

Primary: If 1.2021 holds support, we can see 1.2238-1.2289 before fall to 1.1745.

Alternate: Can break previous high and go to 1.2307-1.2402, 1.2481, 1.2572, 1.2619.

BOTH SCENARIOS points some more upside towards 1.2238-1.2289.

Let us wait n watch how the market proceeds.

NOTE: 1.2555 Will be a big hurdle for EURUSD to break.

As per my view 1.2355 will hold resistance for bigger correction or for new low.

ANALYSIS 22-FEB-2021

ANALYSIS 20-FEB-2021

DXY: BULL or BEAR?

CMP: 90.32; SUP: 89.13; RES: 91.03/91.61.

ANALYSIS 19-FEB-2021

PRIMARY SCENARIO:

DXY: UP; SUP: 89.13

Now, as long as 91.03 resists, we can see 90.

ANALYSIS 17-FEB-2021

My Primary view:

DXY: BULLISH

EURUSD: BEARISH

ANALYSIS 14-FEB-2021

Will the history repeat?

ANALYSIS 12-FEB-2021

More alternatives. Levels to watch: 90.01/1.2177

ANALYSIS 11-FEB-2021

90.01/1.2177

ANALYSIS 10-FEB-2021

DXY vs. EURUSD: Moves are getting more complex. Where are they going?

ANALYSIS 08-FEB-2021

As long as 90 supports, we can see 91.79-92.20, 92.88-93.14...

Alternate Scenario:

DXY: Downside can be 88.19

EU: Upside can be 1.2573.

ANALYSIS 05-FEB-2021

ON TRACK.

ANALYSIS 03-FEB-2021

Till now on track.

ANALYSIS 02-FEB-2021

DXY: CMP: 91.08; SUP: 90.01.

DXY was able to move above 90.93 this time.

As long as 90.01 supports, we can see 91.1, 19.77-92.19, 92.86-93.12

EURUSD: CMP: 1.2035; RES: 1.2191

As long as 1.2191 resists, we can see 1.2006-1.1980, 1.1893-1.1824, 1.1710-1.1667.

ANALYSIS 01-FEB-2021

DXY: 90.49 

EURUSD: 1.2131

DXY:

Downside extension can be 88.21.

Strong resistance: 90.93. Any break of this resistance, we can see 91.29. 92.09, 93.

EURUSD: Upside extension can be 1.2573.