DXY broke the symmetrical triangle on the 1D timeframe, breaking the previous low. I believe that a bearish trend is starting in the short term, if this is confirmed it could be beneficial for the crypto market.
U.S. Dollar Index Weekly Outlook (07.25.2024) The market has formed a motive wave pattern ABC. Will form an wave correction pattern and Breakout to a Downtrend. Potential for Seller to Reach +2500 Pips Target Price at 102.00
What'sup Traders, here on DXY we are anticipating a sell but we need a push up to zone area to take some selling opportunity WATCH OUT FOR: 1.Invalidation point 2.Entry 3.Target GIVE A LIKE STAY SAFE N STRONG
#dxy #dollarindex has formed inverted shoulder head pattern in lower time frame. A hard bounce here will likely damage markets such as #spx #ndx #silver #crypto etc. Better to be cautious. Losing 104 is the invalidation of this minor movement scenario.
Trading Setup: There is a Trading Signal to Sell in EURUSD Currency Pair. Traders can open their Sell Trades NOW ⬇️Sell Now or Sell on 1.0882 ⭕️SL@ 1.0906 🔵TP1@ 1.0829 🔵TP2@ 1.0786 🔵TP3@ 1.0711 What are these signals based on? Classical Technical Analysis Price Action Candlesticks Fibonacci RSI, Moving Average , Ichimoku , Bollinger Bands Risk Warning...
The recent decline in the U.S. dollar can be attributed to several economic factors. Firstly, recent inflation data indicates that inflation in the United States is slowing down. The annual inflation rate for June 2024 was 3.0%, down from previous months. This slowdown has strengthened expectations of a less restrictive monetary policy from the Federal Reserve....
Pair : DXY Index Description : Bullish Channel as an Corrective Pattern in Short Time Frame with the Breakout of Lower Trend Line RSI - Divergence Break of Structure and Retracement Completed " 12345 " Impulsive Waves Resistance Level
Pair : DXY Index Description : Bullish Channel as an Corrective Pattern in Short Time Frame with the Breakout of Lower Trend Line RSI - Divergence Break of Structure and Retracement Completed " 12345 " Impulsive Waves Resistance Level
US Dollar index has broken the range and now is retesting and currently rejecting. 1 Hr Timeframe Dollar Index 4HR Timeframe Dollar Index Gold 30 minute Timeframe Gold has rejected off 2,393.72 level I am expecting go to start to move higher and the Dollar index to move lower.
DXY is currently consolidating under a support zone, but from my perspective, this is just a stop-hunting trap. The bottom of the channel is likely to provide strong support for the index. Historically, such setups often lead to a reversal, and the current price action suggests a similar outcome. Additionally, with the US government likely to support their...
✅DXY(Dollar index) is going Down and the index made A bearish breakout which is Confirmed so after a pullback We will be expecting a Further move down SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
The DXY has shown several bullish pushes but has consistently failed to make significant higher highs, all forming beneath a strong resistance zone. This behavior indicates a weakening of buyer momentum and suggests potential bearish sentiment. With the index’s current inability to breach this resistance, a downward move could be anticipated as sellers might step...
Hi fellow traders, DXY is ready to make a move lower from the blue box after completing the ABC correction. Target the 102.45 level and move your stoploss to break even as soon as we reach the ‘Risk free zone’. Good luck and trade safe!
Macro theme: - The highlight of the past week was inflation data. US Jun headline CPI slowed to 3% YoY (vs. 3.1% expected, 3.3% previous), and core CPI was 3.3% YoY (vs. 3.4% expected and previous). - The core service component has been declining, and rental prices may continue to fall due to delayed contract renewals. With this inflation trend, markets expect...
DXY D1 This really wasn't the expectation of the market open we were anticipating. Given the Trump assassination attempt, I was expecting some more market uproar, for US stocks to fall and XAUUSD to climb. As you would expect from typical risk off markets. The reason for this, is market uncertainty and follow up headlines. That being said, we are very early on...
My DXY bias this week is to generally expect a greater downside. I anticipate a small retracement back up before making a new low. Given the recent significant news and the incident involving Donald Trump, we should be cautious and avoid trading at market open, as a major move or spike is likely due to its impact on the US economy. Once the market settles, we...
Welcome to another R2F Weekly Market Analysis using ICT Concepts along with my own discoveries. I'm going to go through various assets/markets, and give a real-time view of how I perform my analysis on the weekends. I'll give my take on what has been happening, and what I'm expecting in either the coming days, weeks, or months. Without further ado, let's get into...
Hello,Traders! DXY fell down sharply But the pair will soon Hit a horizontal support Level of 103.886 and From there a bullish Rebound and a move up Will be expected Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!