US DOLLAR INDEX

**PCMNewsdesk** · 07-25-2013, 08:18 AM

US DOLLAR INDEX analysis will be inserted here.

**PCMAnalyst** · 08-05-2013, 09:38 AM

The prices is swinging inside an uptrend channel and currently we can see a reversal around an inverted ab=cd pattern. We expect to see the price increased to the upper channel around 85.00 line by breaking 82.70 area. On the other hand we would see it dropped to the lower channel if 80.50 support being broken.

**PCMAnalyst** · 08-11-2013, 09:26 AM

The price is fluctuating while channelized in H1 TF. We will see the dollar Index growing by breaking out the ceiling of the channelized movement.

**PCMAnalyst** · 08-14-2013, 09:55 AM

As we predicted in the previous analysis we have the price up by the upper downward channel line being broken. We are assuming a continuation by breaking 82.000 area.

**PCMAnalyst** · 08-18-2013, 09:36 AM

We are having a reversal happened in H1 TF after the resistant level became support. As long as this strong level doesn't break above we are not expecting any rise for the dollar in the market.

**PCMAnalyst** · 09-04-2013, 10:07 PM

In U.S. Dollar Index there is a butterfly harmonic pattern has been formed in the H4 TF. By rising the supply pressure in the market, the ground will be prepared for dropping the dollar.

**PCMAnalyst** · 09-08-2013, 10:10 AM

In the U.S. dollar index in the H4 TF, by formation of the butterfly harmonic pattern and negative divergence we’ll see a reversal in price. By continuing the supply pressure in the market we be looking at the drop by the dollar to continue.

**PCMAnalyst** · 09-15-2013, 09:27 AM

Originally Posted by PCMAnalyst

In the U.S. dollar index in the H4 TF, by formation of the butterfly harmonic pattern and negative divergence we’ll see a reversal in price. By continuing the supply pressure in the market we be looking at the drop by the dollar to continue.

**PCMAnalyst** · 09-22-2013, 11:40 AM

In the U.S Dollar Index chart, the price is fluctuating inside a consolidation area. In the supply power exists in the market we expect a fall for the price to the lower channel. By having the ceiling of the triangle the ground will be ready for a rise as well.

**PCMAnalyst** · 09-28-2013, 04:59 PM

In U.S dollar index in the H4 TF, the price is moving with a bearish trend and by having a level conversed (S to R) we can see it dropping again. As it continues, if 80.10 area is broken below, we will be witnessing a drop by the price, and on the other hand if 81.00 resistant level is broken above we are expecting to have a bullish bias.