HELLO TRADERS As i can see DXY has done a retrace after a drop and now its a new entry for more sells as we had predicted in our previous analsysis incoming Friday NFP.... its just an trade idea share ur thoughts with us it will help all of us traders community
👋Hi everyone (Reading time less than 3 minutes⏰) . 📚One of the most important Indices that we should have an analysis of is the DXY index because it has a direct impact on the Forex , Cryptocurrency , and stock and etc markets. So, in this post, I'm going to show you the 🗺️ Roadmap 🗺️ for DXY until at least the End of 2023 and Early 2024 . 💡I used the ...
Pair : DXY Index Description : Completed " 12345 " Impulsive Waves and " AB " Corrective Waves. Bearish Channel as an Corrective Pattern in Short Time Frame with the Breakout of Upper Trend Line. Rejecting from Daily Resistance and Fibonacci Level - 78.60%
Technical analysis on DXY daily chart reveals several key points: Positive Reaction at 100 Support Zone: The price has shown a positive response at the strong support zone of 100, continuously rising throughout the past week. Breaking the downtrend structure at 102.25 signals the strength of buying pressure. Expected Correction and Continued Upside: Anticipate...
DXY Long. Dxy is action to the resistance so maybe we retrace before starting the long trend line.
The DXY forecast remains bearish in my view; however, there is a notable strong bullish retracement occurring. I perceive this retracement as temporary, as the price is retracing back to a premium supply level. I anticipate a distribution to take place in either the 1-hour supply zone I've identified or... Alternatively, if the price continues to climb higher,...
Hello Traders! I expect a retracement of DXY until the FVG. Follow, like, and comment to see my content: www.tradingview.com
Most of the asset we trade are traded against Dollar. So, to figure out when markets are going to peak out, we must look at DXY, which measures the strength of the dollar. In this post we will analyze the last bull/bear cycle and use that to predict what may happen in the current cycle. The Last Bull Cycle for equities/Crypto started when DXY topped out last...
Hello Traders! This is my idea related to AUDUSD H4. I expect a retracement from the resistance level, where we have also an OB. It's a good opportunity to entry long if the strategi is confirmed. Traders, if you liked my idea or if you have a different vision related to this trade, write in the comments. I will be glad to see your...
TVC:DXY came to a major zone around the 102.700 area and bounced off the zone. Will this signify a continued push on the lower side or will it form the heads and shoulder? Fingers crossed to see as market chooses to play out. Past results are not typical, they don't guarantee future results. DO your due diligence
Taking a Look At The Dollar Index To Kick Off 2024 DXY / USD As everything hinges off the us dollar I think it is important to take a close look at the dollar index as we trade into the London Open today. In the video I give you my top down approach looking at the DXY
Trade Idea for USD/JPY Bias: Counter-Trend While current fundamentals might suggest different directions for USD/JPY, there are unique circumstances hinting at a possible counter-trend scenario: Bank of Japan's (BoJ) Intervention History: As USD/JPY approaches the pivotal 150 level, it's crucial to remember that the BoJ has previously intervened in the...
My outlook for the dollar remains bearish, but it's currently in a bullish retracement phase triggered by the reaction at my identified 17hr demand (POI) from last week. I anticipate price to continue its upward movement to eventually reach a premium level. In this scenario, I'll be looking for selling opportunities around the 4hr supply zone or the 14hr supply at...
Pair : DXY Index Description : Head and Shoulder Pattern as an Corrective Pattern in Long Time Frame completed Its " Left Shoulder ". Completed " 12345 " Impulsive Waves and " AB " Corrective Waves. If Rejects from Daily Demand then Buy
Hello Traders! This is my perspective on DXY H1. I see US DOLLAR very strong in the next few days. That's why I'm looking for a short entry for GBPUSD. The H1 chart shows a change of structure, and I expect an increase until the OB from the price of 102.350. Also, below this price, we have an FVG (fair value gap) or liquidity. Follow, like, and comment to see...
In a fragile holiday trading session on Tuesday, the US Dollar Index remained at 101.6, hovering close to its lowest point in five months. This comes as additional signs of declining US inflation reinforce bets on the Federal Reserve initiating interest rate cuts next year. Published data on Friday revealed that the core PCE index, the Fed's preferred inflation...
The outlook for the Dollar this week is a continuation of its bearish trajectory. With a recent downside break in structure, I anticipate a correction, expecting the price to retrace into the 14-hour supply zone. Upon entering my Point of Interest (POI), I'll wait for price distribution and a change in character as a signal that the dollar is prepared for a...