Dear Traders, following yesterday data on NFP we have now identified that USD pairs will be bullish for longer time as fear of recession has risen again, from negative NFP to increasing tax on Capital gains, everything indicating towards a negative DXY; we also have CPI next week which will be interesting and important for the investors and traders. It will be...
The last bottom is really important to change or continue bearish trend. As you know we need DXY to analysis most of the charts so we should know DXY trend. If price break down the bottom it can continue and cause to break and change most of my analysis. if price turn before the last bottom, it can go up to around last top and all of my analysis is true, and you...
What we are looking at in this chart is the technical analysis of where $index might be heading for the upcoming days. Now let us analyze the technical signs first then try to extract a tangible conclusion: 1- We have touched a demand zone that was formed recently during March, 2023 2- After bouncing off a recent high near ~106, a downtrend channel movement was...
In daily TF, the price structure shows the beginning of a correction after a rise of about 28% (from the support 90), confirmed by a triple top of DXY, a MACD triple top and a bearish divergence of RSI. In monthly TF, we have a strong uptrend due to a huge bullish divergence and a triple bottom.
Doller creates double bottom in the trend support line; a nice pullback is anticipated!
Pair : DXY Index Description : Rising Wedge as an Corrective Pattern in Long Time Frame as an Corrective Pattern with the Breakout of the Lower Trend Line Selling Divergence Completed " 1234 " Impulsive Wave Break of Structure Symmetrical Triangle in Short Time Frame and Breakout the LTL and Completed the Retracement Impulse Correction Rejection from...
Only a personal opinion - DXY Weekly Seems positive for the USD today; look out two weeks, and it can still remain around the 102 level. It will be sideways in the area 102-103 for the following week, now attempting to go to area 103. If it break, the area 103 will continue to the area 104,448. Perhaps the usd will receive some good news.
DXY completed its zigzag correction(5-3-5) near the Price Reversal Zone (PRZ). DXY will move towards filling the gap after the downtrend line breaks (at least the growth that DXY can do). U.S.Dollar Currency Index ( DXYUSD ) Analyze, 1h-time frame⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your...
DXY us currently BEARISH and we are only look for SHORTS here. How does this help us trade the market? RULE - DXY goes DOWN, xxxUSD go UP CHEATSHEET - Your xxxUSD trades will not move if DXY isn't ready for that big impulse legs I make sure when I take SUD trades that day is in full support of the direction am taking. I won't get in on any new xxUSD LONG if...
Pair : DXY Index Description : Bearish Channel as an Correction in Short Time Frame and Long Time Frame Impulse Correction Impulse Divergence Completed " 12345 " Impulsive Wave and " ABC " Corrective Wave Rejecting from the Fibonacci Level - 78.60% Break of Structure
DXY The beginning of the downward trend to the bottom of the channel
DXY intraday trading alert 3 simple steps to find a quality setup! Risk Reward Ratio 1:2 Anyone same idea with me? BUY DXY Good luck traders...
The dollar indicator is now close to closing the price gap There are two scenarios as described The most likely decline is due to the weakness of the dollar
Hello Traders, Hope you all are doing good!! I expect DXY to go Up after finishing this correction. Look for your BUY setups. Please follow me and like if you agree or this idea helps you out in your trading plan. Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management. Market can...
Pair : DXY Index Description : Exp FIAT as an Corrective Pattern in LTF as an Correction Break of Structure Symmetrical Triangle with the Breakout of LTL in STF Divergence Completed " 1234 " Impulsive Wave
The price touched top line of big channel and came back to complete pullback on big triangle it was broken. The price had reaction when touched top line of triangle and break up and after that had correction. I think its time to bullish.
Expecting to fill the GAP soon... Then we will see from there how the market reacts to that...
Hello 🐋 Based on the chart, the price is close to the support area and channel support ✔️ if the price doesn't break the support zone to the downside, we can see more gain 💣🚀 otherwise we can see more correction ❌🧨 👌 Notice: pay attention to the price on shortcut chart (located above the main chart with black colour) 📖💡 Please, feel free to share your point of...