{"id":11333,"date":"2021-06-18T17:47:36","date_gmt":"2021-06-18T17:47:36","guid":{"rendered":"https:\/\/tradingshot.com\/?p=11333"},"modified":"2023-05-03T17:50:03","modified_gmt":"2023-05-03T17:50:03","slug":"dxy-the-1w-ma50-holds-the-key","status":"publish","type":"post","link":"https:\/\/tradingshot.com\/index.php\/2021\/06\/18\/dxy-the-1w-ma50-holds-the-key\/","title":{"rendered":"DXY The 1W MA50 holds the key."},"content":{"rendered":"<p>&nbsp;<\/p>\n<p>On the first quarter of the year, I&#8217;ve published the following posts. One was a research on DXY&#8217;s tendency to 3 year cycles and how it has entered a new one, and the other how under certain circumstances, the current bottom resembles that of 2018:<\/p>\n<div class=\"tv-embeded-image\"><a class=\"js-embeded-chart-image tv-embeded-image__link\" title=\"DXY entered a new 3 year cycle. Will it be bearish or bullish?\" href=\"https:\/\/www.tradingview.com\/chart\/DXY\/o6q6EcaU-DXY-entered-a-new-3-year-cycle-Will-it-be-bearish-or-bullish\/\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" class=\"js-image-lazy-load\" src=\"https:\/\/s3.tradingview.com\/o\/o6q6EcaU_big.png\" alt=\"DXY entered a new 3 year cycle. Will it be bearish or bullish?\" \/><\/a><\/div>\n<p>&nbsp;<\/p>\n<div class=\"tv-embeded-image\"><a class=\"js-embeded-chart-image tv-embeded-image__link\" title=\"DOLLAR INDEX Will history repeat itself?\" href=\"https:\/\/www.tradingview.com\/chart\/DXY\/VZpMoJN0-DOLLAR-INDEX-Will-history-repeat-itself\/\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" class=\"js-image-lazy-load\" src=\"https:\/\/s3.tradingview.com\/v\/VZpMoJN0_big.png\" alt=\"DOLLAR INDEX Will history repeat itself?\" \/><\/a><\/div>\n<p>It appears that the U.S. Dollar Index is attempting a repeat of the 2018 &#8211; 2020 Cycle as this week has posted an incredible green 1W candle that is at the moment slightly above the 1W MA50 (blue trend-line). In 2018, when DXY closed a weekly candle above the MA50, it started a sustainable rise (in the form of a Channel Up) towards the Highs of the COVID outbreak.<\/p>\n<p>In my opinion it is all about the closing of the 1W candle. Do you agree?<\/p>\n<p>Tradingview link:<\/p>\n<p><a href=\"https:\/\/www.tradingview.com\/chart\/DXY\/u1Dn4ebj-DXY-The-1W-MA50-holds-the-key\" target=\"_blank\" rel=\"noopener\">https:\/\/www.tradingview.com\/chart\/DXY\/u1Dn4ebj-DXY-The-1W-MA50-holds-the-key<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; On the first quarter of the year, I&#8217;ve published the following posts. One was a research on DXY&#8217;s tendency to 3 year cycles and how it has entered a new one, and the other how under certain circumstances, the current bottom resembles that of 2018: &nbsp; It appears that the U.S. Dollar Index is<\/p>\n","protected":false},"author":611,"featured_media":11334,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[1637],"tags":[],"class_list":["post-11333","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-forex"],"_links":{"self":[{"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/posts\/11333","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/users\/611"}],"replies":[{"embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/comments?post=11333"}],"version-history":[{"count":3,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/posts\/11333\/revisions"}],"predecessor-version":[{"id":11337,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/posts\/11333\/revisions\/11337"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/media\/11334"}],"wp:attachment":[{"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/media?parent=11333"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/categories?post=11333"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/tags?post=11333"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}