The DXY US Dollar Index, which measures the value of the US Dollar against a basket of major currencies, has recently experienced a bearish move, declining from the level of 102.500 to 102.750. This analysis will explore the factors contributing to the bearish sentiment and the potential reasons for the index's downward movement in the specified price...
This is my view or anticipation on the dollar index, preferably for this month but we'll see how price plays out, this is just my anticipation with my understanding, it may be right and it also very much may be wrong.
TVC:DXY
CAPITALCOM:DXY
⚡These two scenarios are expected to occur in the dollar index. A break or resistance of the 103.285 level is very important to determine the continuation of the trend.
Please share ideas and leave a comment,
let me know what's your idea.
CrazyS✌
Rally base drop as some of you say make it simple and fun....And you know EURUSD and the Dollar Index are inverse so if the dollar index is dropping then the EurUsd id gonna sky rocket
Pair : DXY Index
Description :
Completed " 12345 " Impulsive Wave and " A " Corrective Wave
Demand Zone
Break of Structure
Bearish Channel as an Correction in STF
RSI - Divergence
Pair : DXY Index
Description :
Bullish Channel as an Correction in Short Time Frame with the Breakout of the Lower Trend Line and Retracement
Break of Structure
S / R Level
RSI - Divergence
Mr. Biden revived the industry to compete with China, but this intervention could put the US economy and its allies at risk, according to the WSJ.
Jake Sullivan, President Joe Biden's national security adviser, is often preoccupied with foreign threats, such as the Ukraine conflict. But in April, in a speech at the Brookings Institution, he addressed the threat...
This The Continued Analysis Of My View On The Dollar Index, This Is The 4 Hour Time Frame And That's What I Anticipate To See Pan Out This Week On The DXY.
Pair : DXY Index
Description :
Bullish Channel as an Correction in Short Time Frame
Consolidation
Break of Structure
Impulse Correction
Fibonacci
S / R Level
I am writing to bring your attention to a concerning trend that has been emerging in the global economy. The de-dollarization movement is now evident as central banks worldwide reduce their US dollar reserves to record lows.
This trend indicates that the confidence in the US dollar as the world's reserve currency is declining. As forex traders, we must be aware...
Our last setup on DXY worked out well, we are anticipating this price action as explain on our chart. Even if you use this chart along, you will be able to make good growth.
My Outlook
The unexpected increase in inflation is not a positive development, contrary to what some headlines may suggest. While we anticipate a decrease in inflation, it is unlikely to reach the Fed's target of 2% for several years. This means that the US will likely have higher interest rates than other countries, even if inflation rates are higher...
Hello traders, I have some USD related information to share with you ♥
US Dollar's position as the primary global reserve currency is being challenged
The US Dollar's share of the global market has decreased from 71 percent to 59 percent over the last two decades and could shrink even further in the future. The primary victim in this scenario is the United...
Hi guys. Welcome to my TA analysis on the dollar index. ALot of talk has been going on about whether or not we are in a bull market for bitcoin and if equities will rally further or not. In order to assess or determine if its likely that we are, the dollar is used by many analysts to gauge at what the sentiment is, whether "RISK ON" or "RISK OFF". As such i also...
Pair : DXY Index
Description :
Break of Structure
Divergence
Bearish Channel in Long Time Frame as an Corrective Pattern
Completed " ABC " Corrective Wave
Impulse Correction
Rejecting from Resistance Level
Pair : DXY Index
Description :
Bearish Channel as an Corrective Pattern in Long Time Frame
Divergence
Completed " 1234 " Impulsive Wave
Break of Structure
Rejection from Fibonacci Level - 38.20%
seems like this news is setting dxy for a nice pull back after that last explosive move if 104.200 holds we can see another leg up for a move up since dxy made a higher high im still bullish biased over all this pull back most def was needed
now if the next push up doesnt break that last dxy high we could see seelers start to step in
