✅DXY is going up currently And the pair broke the key structure level Which is now a support, and has made a pullback And the retest, so I think the price will keep going up now LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Hello,Traders! DXY is trading in a strong uptrend And the index broke the key horizontal level Then retested it and made a move up Which reinforces our bullish bias And make us expect bullish continuation In a classical trend-following setup Buy! Like, comment and subscribe to boost your trading! See other ideas below too!
As I predict 4 month ago, DXY creates W pattern Now, DXY creates Adam and Eve Pattern Strong Bullish
Dollar is likely to trend higher. It failed to break to the downside and now price sits just a few pips right above 2021 Close (very crucial line). Trend Break Failure and Morning Star Formation suggests Bullish Continuation. For Educational Purposes Only.
DXY H4 So far moving pretty much as expected, we have had this assumption and market bias and expectation for a little while now, and it's starting to unfold. Lower low and lower high structure trend, with the exception of FOMC Wednesday. Hopefully we can see DXY fall too 100.00, gold push to $1900 and cable 1.30.
DXY H4 We have broken the minor support retest price we mentioned earlier, 103.500 to 103.000 is no longer, and we are sat on the brink of a deeper support break with a potential 250 point void. Not a lot holding us up if we breach this 102.500/102.000 support.
I suppose DXY is going to 103.7-103.9 but I have difficulties with forecasting the timeframe. Would it happen tomorrow, in a week or in a month? Will see. Be carefully shorting it now.
Don't buy at the top and don't sell at the bottom.
Hello,Traders! DXY was trading in a range But now we are seeing a bullish breakout Just as I predicted in my previous analysis Thus confirming our bullish bias So I think that after a potential pullback We will see bullish continuation Towards the target above Buy! Like, comment and subscribe to boost your trading! See other ideas below too!
Hello,Traders! DOLLAR INDEX is trading in an uptrend And the pair is currently struck in a nice range So IF we see a bullish brekaout Then a bullish continuation will follow WIth the target of retestinga supply level above Buy! Like, comment and subscribe to boost your trading! See other ideas below too!
The market is still going to keep exceeding previous highs but for this to happen it has to retrace or mitigate orders
dollar gonna touch that price in this year or maybe next year.dont short for long time
The dollar was strengthened by last weeks NFP but also unemployment rate was weak. we gonna be seeing the price retest @95.831 to pullback @94.633 then we going to start bullish the market.
Hello,Traders! DXY is trading in an uptrend Ans the index is now retesting a long term rising support Which makes me bullish and I think That we will see a bullish rebound And a move down Buy! Like, comment and subscribe to boost your trading! See other ideas below too!
DXY D1 As we mentioned DXY support holding nicely from the daily correction we saw over the last few weeks. We are expecting a bullish dollar throughout the week based on recent economic events and projections. 96.500 resistance is our next target, this ties in with yearly highs (2021) and also our daily resistance, which I expect us to break over the next 4...
In this update we review the recent price action in the Dollar Index and identify a high probability intraday trading pattern.
Now this may be hard to grasp in, but the technicals don't lie... USD index has tested the support line of the upward channel, unfortunately the support wasn't capable of holding the price to it's intended direction. The dollar index has been strong since last early, respecting the formations of higher highs and higher lows. Seems like the bears are taking...
This here is my short analysis for the Dollar Index all the way back down to $82.50. This here is the overall bigger direction on the Daily timeframe. My Monthly TF analysis (Posted on my TradingView profile) has led me to believe the Dollar Index will take another dive down, in order to complete the corrective structure in accordance to the Elliot Wave...