Pair : DXY Index Description : Falling Wedge as an Corrective Pattern in Short Time Frame and Breakout of the Upper Trend Line and Retracement. Completed " 12345 " Impulsive Waves and " A " Corrective Wave. We have Strong Divergence and Break of Structure Entry Precautions : Don't Enter until its Rejects from Previous Support or Complete its Retracement
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...
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
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).
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 Bullish is unstoppable. With last week's analysis, we estimate that the price will approach the QM area. Here we can observe first, even though the price will be in the QM area not necessarily a reversal immediately. There is a possibility that the price will be consolidated for some time.
🏃♂️The DXY Index is moving in a 🔴Heavy Resistance Zone🔴. 🌊According to the theory of Elliott waves , the DXY index is near the end of five impulsive waves . 🔔I expect wave 5 to end near the Resistance line and 🟡 Price Reversal Zone(PRZ) 🟡 and start to fall. DXY Index Analyze ( DXYUSD ), 1-hour time frame ⏰. Do not forget to put Stop loss for your...
Seeing Dxy's unstoppable movement, the possibility to continue bullish next week is still quite large. Where last week was still formed New High even though in its movement the price was seen that there was fatigue marked by a fairly small candle every time bullish. There is a possibility that the price will try to bullish to the QM area.
Hi everyone👋. 💡The DXY index managed to break the 🔴 Resistance zone($103.80-$103.38) 🔴 last week. 🌊According to the Elliott wave theory , DXY completed the Zigzag correction(ABC/5-3-5) with the Expanding Ending Diagonal . 🔔I expect the DXY index to go up in the 🌙Coming Months🌙 and break the upcoming 🔴 Resistance zones 🔴 one by one. U.S.Dollar...
DXY: DXY has been a trending bullish market since the lows of Friday 14th July 2023. The rally to the upside has cleared numerous Buyside liquidity pools resting above Thursday's 6th of July highs and the relatively equal highs of 31st May 2023 highs. I believe the next target for the DXY is the Volume imbalance of 9th / 10th March and the volume imbalance...
After taken liqudity of the sellseide and fill the fvg of monthly and change of structure ( Market structure Shift ) and rejection of order block we will see increase of the price to fill FVG of donwn trend and take liqudity of the buyside we will look opportunities of the buy position in low time frame
Ever since the greenback (DXY) hit the year's (2023) low at 99.595 on 14th July 2023 the price has steadily rise from the base of the descending channel and attempted to breakout on 17th August and finally broke out last Friday, 1st September on the back of the NFP fundamentals. Last Thursday daily candle closed above the EMA-200 and also broke out of the...
DXY's current holding pattern matches a previous reversal almost perfectly. If it continues to play out I'd definitely rather be owning assets than sitting on cash.
There is a possibility that Dxy has experienced saturation and Wave 5 has been formed. At present the price is trying to try to reversal, there is a blue line limit where if the price drops more than the area there is a possibility of bearish.
The DXY has formed a doji on the Daily frame which shows indecision in the price, however the DXY has been able to consolidate above the 103,917 support with a strong rejection wick above it which gives me a bullish signal to the trendline resistance at 104.991 with a possibility of breaking above the ascending channel to the next required resistance of...
TVC:DXY CAPITALCOM:DXY Hello traders, please check my previous ideas about the dollar index. If the price stabilizes above the 3-hour Bollinger Midline, the probability of a bullish scenario and a break of the pressure zone (the area between the two trend lines) increases. Otherwise, if the dollar index fails to maintain the support of the 3-hour...
Although in the past month the dollar index looks bullish, I am still under analysis that it is likely that there will still be a bearish / maybe a deep correction for the near time.
DXY Index On his way to 101.2 , after that he continues to climb to 107 US Dollar Currency Index (DXYUSD) Analysis, timeframe 1 day . Don't forget to place a stop loss order for your trades (for each position you want to open). Please follow your strategy, this is just my idea, I will be glad to see your thoughts in this post. Please don't forget the "Like"...