Hello traders, we want to check the DXY chart in the 1-hour time frame. The price is in a descending channel and has reached the key level of 103.300 and 103.400. We expect this level to play the role of a resistance level for us and the trend We expect the price to fall to 102.700, and if the downward trend is strong, the next target for the price is 102.200. Good luck.
You can see the note that I gave on the chart, the possibility of wave 4 happening later. I still believe DXY will remain bullish as long as the price does not fall deeper than the invalid area, there is a possibility that DXY will fall more than that, but there is a certain limit to how deep the price will fall.
Hello traders, we want to check the DXY chart in the 1-hour time frame. The price is moving in a downward channel and after breaking the key level of 101.900, it has pulled back to this level. We expect this level to act as a resistance level for us. Play and maintain the downward trend of the price and drop to the next key level around the price of 100,900. Good luck.
DXY sell Entry : 104.765 Stop : 105.694 , Target1 : 103.832 , Target2 : 102.911 Risk/Reward Ratio : 2
HELLO DEAR TRADERS I think we have currently created a short-term bottom on DXY and we need to go retest the zone of interest US PPI release yesterday was lower than expected and these numbers did not help us at all. Dollar takes another hit. We will see how the FED reacts in mid-December to the positive feedback from the economy due to the increase in interest...
Hello friends. Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you! Everything on the chart. The dollar index seems to have gone to work out the divers on the weekly TF and form a long-term correction. Within wave (A), the decline in the index perfectly harmonizes with the market "seasonality" and...
TVC:DXY DXY Analysis Time Frame H4 Market in bullish and uptrend My Opanion for long
Hello Traders DXY formed AB=CD pattern and price reject from important monthly resistance and price make series of LLs and LHs and bearish trend continues
#usddollar, 15th Key reversal bar, next Insurance bar indication for short dollar. 105.55-60 resistance level for previous fall. High probability to hold this support to form double top. price may go rise up a little to catch stop losses of short traders. Target is 103.00.
DOLLAR INDEX MY VIEW- N.B-In this situation DXY chart short tram create butterfly pattern. So, market seems bullish 102.220 AND 102.600 Resistance Zone. Then Sell SAVE. Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will...
Technically, DXY is still in bullish momentum. As long as the price stays above the 38.20% Fibonacci retracement, I reckon DXY will give one more push to visit 97.7. However, a price breakout and close below the 38.20% Fibonacci retracement indicate that DXY will fall deeper to retest the 50% Fib. What we know so far, Powell signals rate hikes and balance sheet...
Dear traders, as I said on last weeks ... DXY closed over the strong resistance at 94300 and climbed into an extremely heavy area! even if maybe ... I expect it to go up a bit to 96300 ... I won't enter the trade unless it closes below 95100 this week THIS WEEK... as I told you last week, DXY reached area 96300 from where it easily rejected! in the next period I...
Dollar Index: Still Bullish, But Below 93.00 May Change the Scenario. The US Dollar broke out of a brief downtrend in late September as the Federal Reserve signaled they might raise rates faster than expected. The break was driven by proper motive and significant as it allowed for more years supply, fueled inflationary fears that have been present all year...
as I said on March 21 ... DXY is in a strong downward trend and if for 1 week it rejected 3 weeks in a row from the Fibonacci 0.5 area, I expect it to continue the descent to Fibonacci 382! ...even if it climbed to the Fibonacci 786, DXY continues its downward trend we were talking about and will reach the Fibonacci zone 0.382 where it is a very strong area ......
I think we will continue to fall! What do you think? You will learn the best place where we can trade this instrument at low risk. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will...
DXY BUY STOP ABOVE 91.30 SL: 90.30 TP1: 92.30 TP2: 94.00
USD INDEX has been holding ground nearly 93.00- 92.50 points for 3 weeks. Breaking Above 94.00 may have buy confirmation. Since the middle of the march this year, USD INDEX has been dropping. So, an upside correction is expected. in the broad picture, DXY is in a downtrend and reached to its swing low area. So, we may see an upside correction to 96.00 points....
Hello Sophisticated Trader, The $DXY has finally broken above the 97.00 resistance and the 100 MA on the 4hr, this is indicating a possible move up for the bull for another test of 98.00 and possible 99.00. This is extremely helpful when trading, as the dollar index has become the main market driver. In addition, the renewed coronavirus fear most likely have an...