We have an analysis of DXY H4 zone marking According to this analysis, we have found that Dollar is a bullish move because of price is moving above the (200MA & 50 EMA) golden cross-over price also tested the trendline 2 times for more information we marked the Demand & supply zone which is mentioned in the downside Demand zone1@ 104.563 to 104.397 Demand...
Pair : DXY Index Description : Divergence Rising Wedge as an Corrective Pattern with the Breakout of the Lower Trend Line Break of Structure will Fall to Complete the Retest at the Previous Highs Completed " 123 " Impulsive Waves
dxy is here at a key level once again a break here we could see another push down to that 104.4 level first then 104.200 area and if it fails to break back up we could see continued downside on the flip side if it holds here we could see the dollar get strong but at the moment its still a bit bearish so there will be some nice usd trade setups
The index broke a strong resistance area and retested it, turning into a support area I expect more upside in light of the economic news that supports the strength of the dollar
i want to see how dxy plays out but if the 104.800 level holds we could see a nice move to the upside if not we will see a test of bigger time frame order block which would a nice pull back for a possible move up either way im waiting on price development market is getting ready for some nice size moves
I am super bullish with dollar index. Wallstreet corporation banks are fighting with FED despite that Powell's pessimistic speech afterward. Fear and Greed index became GrEEEEEEED now :) Extreme greed will appear soon. then Extreme fear will begin. USA CPI data was low as expected. but we have to watch oil price and China's re-opening. Inflation is a...
Pair : DXY Index Description : Impulse Correction Bearish Channel in Long Term as an Corrective Pattern Break of Structure and Retracement at Daily Demand Zone Fibonacci Level Divergence Bullish Channel as an Corrective Pattern in Short Time Frame Completed " A - WXYXZ " Corrective Wave
DXY can take a break this weak from the strong bullish momentum we have seen in the past month. This can be primarily a small pullback before it pushes towards a higher high and fills the FVG gap above around the 108 area.
DXY is approaching the major resistance level. Price action may create an AB=CD pattern or an equal-measured move. We anticipate a retracement from the resistance and Fibonacci extension levels. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
Hi guys. As everyone knows DXY is inversely related with all RIsk ASsets. We've seen the major markets and crypto start consolidating and falling in price. As the Dollar rallies. This is on the Daily timeframe. Ive drawn 3 trend lines which i followed closely to make sure i take profits in my trades across the boards. First line we broke was the white trend...
* Here we can see clearly the next moves for USD index ( DXY ), * We can see clearly the Bearish Divergence on the RSI indicator, * This shows us more confirmation for our U.S. indices Strop Bullish Move, * We're using H2 time frame for a clearer view of our analysis, hence we can't predict the duration of our analysis to occur, * Keep a close eye on U.S. indices...
DXY LTF update 🐨 Soon I expect a downward movement of US dollar index to sweep out FVG 4h... In parallel, BTC will move to its final destination towards 27k - 30k...
As it is shown in the 4h chart; there is a regular divergence in between the chart and MACD indicator Therefore we could expect a fall down in the price! . What do you think of DXY?
We have learned that almost all US Federal Reserve officials backed a 25-basis-points rate hike at the last FOMC meeting held on January 31 to February 1. Only a few officials favored a larger 50-basis-points hike at the meeting or said they "could have supported" it. Even so, many more dovish sentences were spoken in the latest meeting than compared to the...
DOLLAR INDEX MY VIEW- N.B- In this situation DXY chart create Bullish Flag Pattern's breakout @104.360. resistance level, then market Buy UP to 105:000; @ 105.500 and 106:000 resistance level. Then market need seems sell correction to nearest Support 105.500 level. AronnoFX will not accept any liability for loss or damage as a result of reliance on the...
Hey Everyone, DXY has rejected at our identified area when we shared an update last time, since then we have been monitoring DXY closely and it seems like price have been holding up smoothly. If it fails we will update you all!!
To analyze the chart of gold, it is better to start from the weekly time frame so that you can have a better view of the 🗺️Gold road map🗺️, so I suggest you pay attention to the chart below for a few seconds.👇 Now let's go to the Gold 8-hour time frame that I shared with you a few days ago; Gold ran through the zigzag(ABC) corrective structure as I...