DXY simple Analysis / Prediction Bearish TVC:DXY Stop Lost: 103.25
DXY - 48 hrs. The start of the DXY into 2024 was overshadowed by the last public FED meeting - after the FED publicly admitted for the first time that it was thinking about interest rate cuts. Since then, traders and/or investors in Chicago have been speculating on up to 7 interest rate cuts for the current year of 2024. There were 5-6 in today's daily trading,...
DXY create classical hidden bearish divergences in 4h, 2h & 1h time frame. A healthy short anticipated to 101.6.
Hello my friends, how are you doing? I hope you will fulfil your ambitions ❤️❤️❤️ Today, I want to talk about EURUSD. What a chart! wow. Before that, I want to remember It's not financial advice. so, just see and think about it. I'm just sharing my view and opinion of the chart. Please do your own research. Don't waste time and Let's go into details...
After a massive selloff, Dollar Index retraced to a key horizontal resistance. We can see that the market is currently consolidating within the underlined blue area. To short the market with a confirmation, let the price break the support of the range. 4H candle close below 102.37 will confirm the violation. A bearish continuation will be anticipated at least...
My bias for the dollar this week remains bearish, leading me to seek pro-trend trades from any proximate valid supply zones. With the recent reaction from my prior 3-hour demand, I anticipate the price to continue its ascent to address the imbalances above. Subsequently, my expectation is for the price to undergo distribution within a supply zone identified on...
Analyzing the DXY, we've seen the last bearish phase executed in two distinct movements, hinting at an underlying weakness in the downtrend. The recent supply zone has indeed nudged the index downward. My projection? The DXY is likely to descend to, or even beyond, the previous low. Stay tuned for updates.
DXY is struggling with resistance under middle line of the channel. 104.10-104.20 zone is heavy and seems no chance to goes above that at this time. Trade safe. Good luck.
Scaling into 1H timeframes for possible intra-day trades for Monday - Tuesday... We've been in a healthy uptrend creating Higher Highs and Higher Lows. No signs or breaks of structure to switch sides and look for sells. 2 areas i'm looking for potential entries on correlating pairs such as GBPUSD & EURUSD
hello traders what do you think about this analysis trading ideas 💡😁💡 Euousd sellers return to Resistance levels) Follow up with my trading ideas 💡😁💡
US Dollar Faces Supports: Potential Double Bottom Signals Market Dynamics Major currency pairs continue their range-bound movement on Monday as investors refrain from making significant directional bets. The market sentiment is cautious due to escalating concerns, with investors eyeing key inflation data releases from both the United States (US) and the Eurozone...
🏃♂️The DXY Index is moving in a 🟢 Heavy Support zone($105.88_$104.180) 🟢. 🔨 DXY Index was able to break the Support line last week. 🔔I expect the DXY Index will complete the pullback to the support line and then fall to 🟡Price Reversal Zone(PRZ)🟡 , and the cluster of SMAs ; after that, DXY will start to go UP at least to the upper 🔵 Gap 🔵. U.S.Dollar...
Don't forget that everything is linked. " BTC down. World Economy Down. strengthening Dollar index to rebuy lower stocks. " Happy Tr4Ding !
- Small pump then Dump. - Keep it simple. - Everything in graph. - Older analysis. 👇👇 Happy Tr4Ding !
hi dear trader this price action for dxy with detail It is near the end of the year, institutions want to put a stop to the money for the Christmas celebration and take it out now... be careful.... My personal opinion is that he may not pay attention to the conversation this year, but this year he will fill the conversation with news of a war with something, but...
#dxyindex formed a megaphone channel. What does this mean? This is bullish for the index aaand... bearish for all risky assets like stock markets, crypto, commodities etc. This process may take weeks, just saying beware. NOT FINANCIAL ADVICE.
🏃♂️The DXY Index is moving in a Descending Channel . 🌊According to the theory of Elliott waves , it seems that the DXY Index is forming a Double Three Correction(WXY) inside the descending channel. 🌊Currently, the DXY Index seems to have completed the microwave A of the main wave Y. 🔔I expect microwave B from the main wave Y to fill the upper...
Hey traders, welcome back. The dollar is increasing heavily to the upside as I make this video. Now we don't know how price will close but it is important to watch how she closes today. If price continues this could affect the major currency pair market in a mighty way. All Base dollar pairs could continue to increase while Quote dollar pairs could continue...