Traders and Investors, No matter what the media and general consensus say, simply look at the charts and trade what you see. The dollar made a huge sharp move down recently which made the majority think and post about the "Dollar Crash". I saw 1000s of posts on social media including some from institutional analysts. But almost immediately the dollar has...
Dollar Index in consolidating within a horizontal trading range on a daily. Depending on the reaction of the price to its boundaries, I see 2 potential scenarios. Bullish Scenario If the price breaks and closes above 102.85 resistance on a daily, I will expect a bullish continuation to 103.3 area. Bearish Scenarios If the price breaks and closes below 101.35...
DAX went up He is now approaching a Horizontal resistance Of 102.750 while trading In a rising channel so IF we see a breakout of The channel to downside Then the price will go down
Price action analysis for DXY. Important Key levels. Potential scenarios. Multiple time frame analysis. ❤️Please, support this video with like and comment!❤️
TVC:DXY Hey, gettin back after long time but with different strategy I trust more So DXY, when we look into XAUUSD we see bearish trend so thats this idea of DXY upside move one thing goin against is last high is not higher then previous When is entry valid: Fisrt at all I wanna see some 1H low to be formed, low cant go lower than 102.138. If yes trade is...
I think that the dollar will see a turn to the downside in the coming weeks. We are nearing the top of a weekly decending trendline as well as 103.00 being a resistence zone. We could hit 103.000 and see DXY turn bearish on lower timeframes. This is not financial advice.
hi dear trader after stop hunt .. i open sell position ... price below strong resistance price can drop more and more good luck
DXY Outlook - DXY is at a bit of a crossroads. on the HTF we have traded into a monthly FVG and have been reacting bullishly off it in recent price. However we have traded into a bearish weekly OB and daily FVG area. Price broke market structure in last weeks trading so at this point I am anticipating short term bearish action. With the most recent bullish daily...
$EUR/USD is about to come in to contact with a Macro Resistance Trendline @ 1.13151$ One must beware and very careful when it comes in to looking for Buying Opportunities when breaking down the technical analysis on smaller time frames. With TVC:DXY reclaiming last week the broken Big Range of 100-105 zone, it appears so that with uptrend continuation of ...
I am under the anticipation that XXXUSD pairs are accumulating and USDXXX are distributing. Based on the current price action of the DXY chart, I am anticipating weakness in the Dollar. This is the setup I have based on DXY, which would have to be translated to respective Forex pairs and/or Commodities, etc. The safest protocol at the moment is to wait for...
DYX TVC:DXY has downed below 100.82x and pull back to 102.009 now I expect DXY will down to 99.65 Wait for retest to short
Here is my top-down analysis for Dollar Index. Ahead of NFP, the main focus are 2 structures: intraday support and a daily resistance. If the price breaks and closes above 102.73 - 102.92 area on a daily, a bullish movement will be expected to 103.33 Alternatively, a bearish breakout of 102.3 - 102.44 area and 4h candle close below that will be a strong...
Brace yourselves because the DXY has just hit a 3-week high, thanks to the recent Fitch US downgrade. Talk about an unexpected twist, right? Now, let's dive into the details. Fitch Ratings, the renowned credit rating agency, has downgraded the United States' credit rating, causing quite a stir in the market. As a result, the US dollar has emerged as a haven for...
hello dera trader this price action for dollar currency index... price can reverse because : 1/ fibou 0.718 2/ harmonik patern 3/weekly resistance this roam map for forex trading and other usd pair stop loss need for any position good luck
Dollar just hit an important and historic resistance area. I really don't think we are going to see a break up any time soon. We may see a false break up, so be careful with any bulls trap that this market loves to play out all the time (I fell in its traps many times). I think it'd need more consolidation for a break out, this appears to be just a rally. Let me...
Traders, The dollar continues its journey down. So, is my H&S pattern still intact? Well, on the weekly it is. Does that count? I think so. It's not like the dollar has turned the corner here and growing stronger. We are still very much in a downtrend. Even that right shoulder is still valid. And, like I said, on a weekly chart that neckline still holds. Once...