This is the perfect time to update my chart after coming off of a USDJPY winner. Price is in an uptrend. Notice how the exchange rates are increasing at each high and low. No trend lines or support and resistance are needed to identify trends but if thats your thing go for it! So to get back into the trade I'm setting a buy limit order. A buy limit is a...
Nice BTC behavior when the DXY left the overbought area on the weekly RSI As long as the DXY follows the downwards channel a bullish Crypto run will likely occur🟢 Let me know your thoughts in the comments🤗 ⬇️⬇️⬇️ Likes and Follow for updates appreciated🤗 Disclaimer: Not financial advice Do your own research before investing The content shared is for...
Just a look into what we project from #DXY. Will keep weekly updates on the page! Enjoy. **DISCLAIMER** This is a prediction not a signal. Trade wisely.
I see the dollar continuing to appreciate. will like to see price trade into the 2023 open and look for a reversal at those levels. However open and flexible to whatever develops during the trading week as always.
Dollar index on a monthly timeframe we have taken the key 103.444 level. my analysis has been on point. find a mentor who does like koushhhhh. hahahaha
[/image Just a simple sunday drawing on dollar. Does it mean we can expect long bearish trend on coins?
Hey traders, I see 2 very important bullish clues on Dollar Index on a daily time frame: first, the price successfully broke and closed above a falling trend line, then, a resistance of a narrow horizontal trading range was broken. Now, the price is preparing to retest the broken structures. I will expect a bullish movement to 105.1 ❤️Please, support my...
The dollar index is going up in my expectations for next week.
Hi everyone! As we said in our latest analysis, the market should wait for inflation data to be released before taking a position, so today's session will be very important for traders. Today, I want to share two key levels with you: 101.20 (previous low) and 105.20 (swing). The break of one of these levels will give a clear signal to the market, at the same time...
As you can see, exactly as we expected the price touched the demand zone and reached 25200 and then had a correction. Well, there is a liquidity void (that you can see on the chart) that we can expect to fill. For now, If the price can stay above 23k, the price can see more rise. We can define targets as follow: 26240 26800 27450 28000 💡Wait for the...
In our previous post, we stated that Dollar will continue towards the upside at the 104.085 region. As expected, the Dollar Index continues to trade towards the upside towards key resistance at 105.0 region. The Dollar remains bullish unless the 102.75 support level is breached.
Mapping on Daily , Price Action might fill previous SIBI & Volume Imbalance on this coming 2nd Week of Feb 2023.
Hey traders, here is the analysis for the DXY. If you guys like my analysis please hit like👍 and follow. Thanks. DISCLAIMER:- This is not financial advice.
As stated in my previous analysis of DXY, it has finally broken out of the channel, along with the 103.500 resistance and the 55-day moving average. It is now anticipated to move towards 105.700. ------------------------------------------------------------------------- Let me know your thoughts in the comments, and show your support by liking the idea. Please...
What you see here is a larger time frame analysis of the overall price action of DXY(dollar). Price has moved away from previous major resistance and is now showing bullish price action and is now showing resistance at a price area that previously caused a strong sell of (supply). Price will consolidate here before choosing a direction which I believe will be to...
DXY/ Dollar Index crossed above its 1day MA50 for the first time since Nov 4th 2022. The fall since the top has been so far -12%. Similar fall (-11%) and price structure was seen during the 2020 decline. After the price crossed over the 1day MA50 it got rejected on the 1day MA100 and started a new decline ot the 1.236 Fibonacci extension. Trading Plan: 1. Sell...
Hey traders, Here are the updates & outlook for multiple instruments in my watchlist. 1️⃣ Dollar Index (DXY) daily time frame 💵 The market is consolidating within a narrow horizontal trading range. Taking into consideration, that the index is very bullish from the beginning of February, I believe that a bullish rally will continue. Wait for a bullish...
DXY - Flag Setup...We have a Bullish Continuation Pattern on DXY suggesting upcoming strengths on USD related pairs.