The Dollar Index has hastily reached my objective on the Weekly/Monthly timeframe. The question now is will we still move higher. I think we will. Of course, we can make predictions and assumptions, but we wait for price action to tip its hand to us. I have 3 levels where I am looking for a continuation to the upside next week onwards. 1. There is a New Month...
✅The DXY Index has managed to form a Head and Shoulders Pattern in the 🔴Resistance zone🔴. 🔨DXY broke the 🟢 Support zone 🟢 and Neckline hours ago. 🔔I expect DXY to start falling again to 🟡 Price Reversal Zone(PRZ) 🟡and Uptrend line after completing the pullback to Neckline . U.S.Dollar Currency Index ( DXYUSD ) Analyze, 1-hour time frame⏰. Do not forget...
INDEX:DXY Possible Targets and explanation idea ➡️weekly (even yearly) FIB top for DXY now we are in a downtrend ➡️last move on DXY will be around 107-109 than down till 2025-2026 ➡️Bottom for DXY will be around 92 ➡️The same time historically its will be the new high (not for sure ATH) for BTC ➡️After that we will start new bear market in crypto Hope...
I bring you fantastic news that will surely make your day even brighter. The upcoming job report expect to have an impressive addition of 150,000 new jobs, coupled with a lower unemployment rate. This remarkable achievement will set the stage for an exciting journey ahead for the US dollar! The US economy continues to demonstrate its resilience and strength, and...
DXY The dollar index extended gains to above 107, its most substantial level since November, and tracking Treasury yields higher, as hawkish comments from Fed officials continue to strengthen the expectation that interest rates will remain elevated for an extended period. Meanwhile, economic data continues to signal a resilient economy, with the ISM Manufacturing...
There are several factors that could contribute to a sharp increase in the value of the US dollar in the future: Strong economy: If the US economy is doing well compared to other economies, it can boost confidence in the US dollar and attract investors. Strong GDP growth, low unemployment, high investment and innovation may be factors contributing to increased...
Hi Everyone The DXY is the back bone for all the investments including crypto The DXY and the USDT domination is showing weakness confirmed by mathematical modules and analysis, I expect a rise for all major markets (Commodity, stock and crypto) I hope you Enjoy the ride Good luck Everyone
TVC:DXY - 02/10/23 **Trade setup:** Still looks very bullish, but the X in green is telling me the trend is getting weaker! Coming into a SUPPLY zone made in DEC so were getting stopped here but looking to break out of it on the day chart! If we can get above here it will take out the two red imbalances from last NOV and try the high at $114, this is running...
The U.S. Dollar Index had a bullish Q3 and has been bullish month after month. There is a bullish bounce off the EMA ribbon with $101 acting as a strong support level. I believe DXY is headed towards the top of the Bollinger Band with wicks forming above at approximately $112-114 (marked by the white circle).
Pair : DXY Index Description : Breakout the Upper Trend Line of the Consolidation Phase and Completed the Retracement. Completed Impulse and Corrective Waves " ABC ". It has Breakout the Upper Trendline of the Corrective Pattern Falling Wedge in Short Time Frame
Based on Dxy's recent movements over the past 2 weeks, there hasn't been a noticeable correction. Despite the fact that the price has reached Fibo Extensions 1, it's likely that there will still be an upward trend towards a price of 109,000.
DXY (USD Index) DXY is a measure of the value of the US dollar against a basket of 6 major world currencies. If the DXY goes up, it means that the dollar is getting stronger. Now DXY has broken the downtrend and is at the level of 104.17. This may indicate the growth of the US economy or a decrease in global risks. 📗Following targets are indicated on the chart...
How convenient it was to stop right at the descending trendline for the week. In my eyes, this is giving time for traders to formulate their "predictions" on where DXY is going to go. I expect some funny business to happen to shake out any support & resistance, as well as breakout traders, culminating with an explosive movement to the upside. I really like the...
Pair : DXY Index Description : Completed Impulsive Waves " 12345 " and " a " can Possibly Reject from Fibonacci Level - 38.20% / 50.00%. We have Bearish Channel as an Corrective Pattern in Short Time Frame with the Breakout of the Upper Trend Line and Retracement
The US dollar has been on an impressive rise, leading to a remarkable domino effect on the oil market while simultaneously lowering the Euro. Let's dive into the details and explore the exciting opportunities this presents for all of us! First and foremost, let's celebrate the recent surge in the US dollar. This upward trajectory has been fueled by a combination...
If we pull back to this demand on the DXY H4 chart, we will most likely be below the upward TL, meaning the zone could most likely fail. This could be the pullback to give the 1D chart a clean looking upward TL
After Sunday and Monday's closure, the price seems to have stabilized. I have highlighted the area where the price remained. It would be wise to wait for the price to move out of the lower box region. If the price breaks through the bearish trend, there could be a chance of a reversal. However, if the price breaks through the bullish trend, the price will continue to rise.
Pair : DXY Index Description : Completed " 12345 " Impulsive Wave and it will Complete its " A " Corrective Wave at Fibonacci Level - 38.20% / 50.00%. It has Breakout the Upper Trendline it can Reject from the Current Resistance to complete its Retracement