DXY H4 Dollar is moving as expected, bouncing from that 105 price we were marking up and focussing on from last week. Following all the economic data points, support held out and corrected perfectly. We have since approaching 105.600 price, a key area of S/R. This also ties in with GBPUSD support price. An area where we may see a bit of a correction (as...
Currently, the dollar trend indicates a bearish direction, suggesting that pairs I typically trade, such as GU, EU, and gold, may rise. Presently, I anticipate a retracement to occur towards an 8-hour supply zone I've identified, facilitating the continuation of the bearish trajectory. This ideally aligns with my strategy until the price drops to around the 104...
CRYPTOCAP:BTC just printed a "magical" green candle, after a kinda "bearish" upward movement with a lot of divergences. No one was expecting an upward movement like this, and really caught bears and shorters by surprise. The short squeeze here was brutal and a lot of shorters must be in pain. Anyone could be asking themselves, "what the hell just happened?"....
Hello,Traders! DXY is making a bearish Correction but a strong Horizontal support level Of 105.00 is ahead So after the retest We will be expecting A bullish rebound Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Hello,Traders! DXY is trading in an Uptrend and the index Broke out of the bullish Flag pattern so we are Bullish biased now so We will be expecting The index to go further up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
✅DXY has formed a Bullish flag pattern While trading in an uptrend So IF we see a bullish Breakout then we will Be expecting a Strong bullish continuation LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Hey folks, Exciting developments in the world of trading! 📈📉 The dollar index just made a significant move, breaking and closing below a major daily support level. 🚀 What's more intriguing is the response afterward—a bullish retest that's met with a strong bearish reaction. 🐻💥 This could be a game-changer, indicating a potential downward trend in the dollar...
As of daily chart, DXY is showing bullish momentum and next resistance will be around 107.
✅DXY is going up now And the index broke the Key horizontal level of 105.000 Which is a support now and After the pullback and retest Of the new support we will Be expecting a bullish continuation LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Overview: The DXY Dollar Index is currently undergoing intricate price action dynamics, characterized by fluctuations within key levels. Understanding these levels and potential scenarios is crucial for navigating the market effectively. Key Levels: 1. Support Levels: - Notable support lies at , representing a significant area where buying pressure has...
Hello,Traders! DXY is trading in an uptrend And made a pullback and Retest of the new support Level of 104.078 from Where we are seeing a Bullish rebound so I think that we will see A further move up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Before anything , I have spent 8 years navigating the financial markets, with Level 3 CFA and a Master's in Finance under my belt, I've seen my fair share of trends. The value of the US Dollar Index is influenced by several factors, including decisions by the Federal Reserve (Fed), US government actions, and the overall health of the US economy. The Fed's...
✅DXY is making a pullback From the horizontal resistance of 103.041 And the index is trading in a Downtrend so we remain Bearish biased and therefore We will be expecting A bearish continuation SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
#DXY #USD #Dollar #Index #Eddy (( If he breaks the areas and swaps them with this kind of movement, I expect the supply range to grow! )) Then!... In My Opinion... The US Dollar is the most Valuable & Safest Asset! What do you think?
In this case the gaps can be used as Demand. There was a medium inducement and there's a possibility it know starts going up but there is also an imbalance curve with a gap under which could get filled with the news. Keep that into consideration. What do you think about DXY? Write in comments LQP = Liquidity Pool 2WT = 2 Way Trap Arrows = Inducements
✅DXY is approaching a demand level of 102.800 So according to our strategy We will be looking for the signs of the reversal in the trend To jump onto the bullish bandwagon just on time to get the best Risk reward ratio for us LONG🚀 ✅Like and subscribe to never miss a new idea!✅
DXY Head and Shoulder Pattern 4H Possible formation of a head and shoulders pattern on the 4H timeframe. Pattern is a reversal pattern, could possibly break the 4H trendline to continue the daily timeframe downtrend. Would be looking for shorts from the 50% to 61.8% Fib levels. Further confluence is the RSI showing now entering overbought levels on the 4H...
Hello,Traders! DXY is trading along the Rising support line And the index will soon Retest is so after the Retest we will be expecting A further move up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!