Dollar Index is currently testing a solid key daily resistance. To catch a bearish wave from that, watch a major rising trend line. Its breakout - daily candle close below will be a strong bearish signal. A bearish continuation will be expected at least to 103.3 level then. Alternatively, a bullish breakout of the underlined blue are will push the prices...
Based on Simple Technical Analysis ( Trendline + Support & Resistance ) Risk Disclaimer: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are...
TVC:DXY USD broke its downtrend, it's a sign of USD supremacy again. But I believe BRICS will do something big this year, so we couldn't 100% rely on technical analysis. This is also what I desired. If not, we will stay longer in this suffering and bullwhip effect, with lots of uncertainty.
Good news has made the dollar remain stable at the resistance zone… price can reverse from dynamic resistance in 103.64 or 103.79 you can set alert on this area after confirmation you can open sell position my target is 101.88 stop loss need for any position good luck
TVC:DXY CAPITALCOM:DXY Hello traders, please check my previous ideas about the dollar index. If the price stabilizes above the 3-hour Bollinger Midline, the probability of a bullish scenario and a break of the pressure zone (the area between the two trend lines) increases. Otherwise, if the dollar index fails to maintain the support of the 3-hour...
Hi Traders, The US dollar index is trading with momentum after the 6-week high at 103.572 was broken and is now approaching its 3-month high at 104.714. Looking at the price action on the chart, the market is still inside the ascending price channel, and the highs and lows are still higher, so our bullish outlook on the dollar index continues. We have the...
considering the liquidity taking at 1.10484 and the instant bearish fall has negate the demand zone around 1.09378 - 1.09134 hence expect more of bearish sentiment
Brace yourselves as I bring you an exhilarating update on the current state of the US dollar (DXY) and its encounter with the formidable BRICS nations. You may have seen recent headlines highlighting the growing influence of BRICS (Brazil, Russia, India, China, and South Africa) on the global economic landscape. These emerging economies have been making waves,...
In previous trade Idea I updated if breaking 103,20 and retesting then will see toward 102.80, exactly following. Now at 103.15, today we may see to hit 102.80 as per my analysis. XXXUSD pairs we may see up and USDXXX pairs down.
It should get that liquidity up there and then dropping down to take the liquidity as yearly chart suggest. Let's see what happens in the next years.
Based on Simple Technical Analysis ( Trendline + Support & Resistance ) Risk Disclaimer: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are...
Well, the great devil has played tricks again. I see all this recent growth in the short term as a reason for collecting liquidity and huge losses The dollar index will hit the bottom of 101.748...
- TVC:DXY has had a vertical rally from its fake-out breakdown of Range, finding Support at 200EMA and got back to the Middle Zone Range S/R of 103 level. The last idea published when TVC:DXY broke the range to the downside ( TVC:DXY -Headed South 97) played out in the opposite way of forecast expectation. Eerie similar bars pattern move but on North...
US Dollar Index same as I updated in my analysis, Rebound from 103.20 to 103.60 around. after that seen pullback. Now it's retesting and looking target again 103.20 and we may see below 103 next coming week.
- The Dollar Index TVC:DXY is trading below many resistances (broken big range of 100.8-105 ; trendline resistance from 114 High; 20-50EMA) In the short term TVC:DXY seems to be gravitating towards downside, with a completion of macro correction ABC Waves, with C wave probably ending at 97 macro S/R resistance area. This critical macro S/R is quite likely...
US Dollar Index (Yearly Chart)- TVC:DXY The chart reveals a clear historic time pattern of c.6 years of bear price action followed by 10 to 12 years of bullish price action for the Dollar. The Chart o Each bear cycle ends with a double bottom which forms over a 4 to 6 month period. The double bottoms are marked 1 and 2 in blue on the chart. o If we...
Although in the past month the dollar index looks bullish, I am still under analysis that it is likely that there will still be a bearish / maybe a deep correction for the near time.
Hi Traders! With the FOMC Minutes Meeting later today, traders will be eagerly awaiting their latest stance on the inflation issues in the US. The dollar index is near its 6-week resistance level of 103.572, and looking at the price action on the chart, it looks bullish; however, there are signs of a possible reversal. The market is currently in an ascending...