DXY - Daily - Price action calling for a deep correction on dollar index and across all US major pairs. I see a 150-200 pips pullback on DXY before a continuation of the bullish trend on dollar weekly.
This chart shows Elliot wave of DXY index in daily by downtrend zigzag.
Hello traders, Dollar Index in Daily Timeframe , As we expected from the dollar index , this decline also happened and it can be said that the decline has been completely confirmed. The dollar index is within wave c of wave b at its higher time. The -c- wave is forming its fourth wave, and according to the wave count in the image, a wave is forming from the fourth...
Hello traders, DXY in 1-hour timeframe, this analysis was prepared in 1-hour timeframe but has been published for a better view in 2-hour timeframe. According to the previous analysis, we had a descent for wave b from the second wave of wave c and this descent happened. We guessed the depth of descent was less and longer in time. The wave that started can be wave...
Hello traders, DXY in 1-hour timeframe, this analysis was prepared in 1-hour timeframe but has been published for a better view in 2-hour timeframe. The dollar index completed the triangle of 4 wave c . The wave structure of the 4 was not that it could be considered a flint, in fact because of the swinging and unavailable moves, and each of these movements in the...
Hello traders, DXY in 1-hour timeframe, this analysis was prepared in 1-hour timeframe but has been published for a better view in 2-hour timeframe. The situation with the dollar index is still unclear. But we assume that the fifth wave is from wave c and with these waves, wave b is completed and the downward trend for wave c is formed in the form of five...
Hello traders, Dollar Index in 4-Hour Timeframe This analysis is prepared in 4-hour timeframe but has been published for a better view in 8-hour timeframe. The dollar index continued to fluctuate around wave a around the Fibonacci zone 1.27. We still consider the first probability for the index to be the formation of wave 4, and we will consider this probability...
DXY Weekly Analysis & Trading Idea for 4 - 8 October 2021
Hello traders, Dollar Index in 4-Hour Timeframe This analysis is prepared in 4-hour timeframe but has been published for a better view in 8-hour timeframe. The dollar index completely broke our previous analysis point in Fibo 0.88. And if this point is broken, we were supposed to consider this wave as wave 5, but from what we have examined, the most logical case...
Hello traders, Dollar Index in Daily Timeframe ,In the dollar index , as you can see in the chart, wave c is formed in larger time. Wave c has probably completed waves 1, 2, and 3 itself, and we are now forming wave 4 or wave 5. Wave 4 is formed as a flat and over a very long period of time. In our opinion, this flat is in its last wave, wave c . We examined wave...
Hello traders, DXY in 1-hour timeframe, this analysis was prepared in 1-hour timeframe but has been published for a better view in 2-hour timeframe. Wave 4 of wave c Zizag wave x ended in Fibonacci 0.38 and now wave 5 is likely to form, wave 5 in Fibonacci 0.88 for wave x and Fibonacci 1.27 for wave c are expected to end, and Moving beyond that makes this...
Will be looking on a break of pattern, then l'll be looking to go bullish on my USD trades.
Hello traders, DXY in 1-hour timeframe, this analysis was prepared in 1-hour timeframe but has been published for a better view in 2-hour timeframe. The conditions created have changed the form of the wave count and I have a new perspective in this analysis. Based on this wave count, waves 1, 2 and 3 have been completed in higher timeframes and now wave 4 is being...
Hello traders, The dollar index in daily timeframe ,Waves a and b are completed at higher times and now wave c is being formed. In wave c, waves 1, 2 and 3 are formed and now waves 4 and 5 must be examined. Wave 4 is formed as a flat, from this flat wave c is probably completed. If wave c is completed, wave 4 is over and then wave 5 is formed, and at lower...
My first Idea, a theory as advertised..do with it as you will. higher time frame shows price action in the process of the left shoulder of head and shoulders pattern(as every short idea will let you know but can be seen on daily chart) . once price breaks out of wedge the short term direction will be clear(although more room for the downside than upside).. if...
Hello traders, DXY in 1-hour timeframe, this analysis was prepared in 1-hour timeframe but has been published for a better view in 2-hour timeframe. According to the previous analysis, wave 4 was formed, but the shadow of the last candlestick went beyond the end of wave 1, and the validity of this wave count has decreased to some extent, but according to the...
After breaking up the falling wedge, Dxy has reached the pattern's target and now is trading in very strong resistance zone that lies around 91.50. A correction can follow at this point and 90.50 could be the target
President Mr Biden to Propose $6 Trillion Budget to Boost Middle Class and Infrastructure, So Dollar will print & weak from this level!