DXY had been on a steady uptrend since 13th of July, that means for almost two month now, it has continue on HHs,HLs According to DANCOLNATION TRADING CAPITAL , the decider would on SWING perceptive drop over 100 pips with our SL just few pips behind the anticipated retest level before the bounce off the zone
Pair : DXY Index Description : Strong Resistance Level Bullish Channel as an Corrective Pattern in STF Completed " 12345 " and " A " Corrective Wave Impulse Correction RSI - Divergence
Hi everyone Having a look at DXY (Dollar Index) we get the feeling it could rally up to go levels of 109.290 Let us know what you you thing
(Daily chart) DXY broke and closed above MA200 resistance level. Despite short term pullback may exist next week and make DXY fall below 103 support level, we foresee market buyer willing to collect and supporting its price to above 103.
The DXY, also known as the U.S. Dollar Index, measures the value of the U.S. dollar relative to a basket of six major world currencies: the Euro, Japanese Yen, British Pound, Canadian Dollar, Swedish Krona, and Swiss Franc. When we say that the DXY is going up, it signifies that the U.S. dollar is strengthening against these other currencies. There are several...
Introduction: Traders are often on the lookout for potential opportunities and risks that can impact the forex market. Recently, the credibility of the BRICS alternative currency has come under scrutiny, leading many to wonder if this could fuel a rise in the US Dollar Index (DXY). In this article, we explore current affairs and discuss why traders may consider...
In my previous DXY analysis, I said that, after the false down break, DXY could reach 103.50 zone and also break above the falling trend line. The target zone was reached and now, considering the importance of this resistance, a correction could follow. However, in my opinion, the medium to long term trend for USD has changed back to bullish and this correction...
DXY took out a key low at 101 with strong reaction back up into the range established in August-September 2022. Idea: DXY will strengthen in upcoming months, pushing the risk on lower. Target for lower highs is around 50% of established range, which for fans of Fibonacci retracement tool is around 0,618-0,705 of current range. Target Price: 110-111 If we see...
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"...
As I expected, DXY broke the resistance lines , and now DXY is moving near the 🔴 resistance zone($103.80-$103.38) 🔴. 🌊According to Elliott wave theory , DXY completed 5 impulse waves at the resistance zone. 🔔I expect DXY to drop to at least the uptrend line in the next few hours. U.S.Dollar Currency Index ( DXYUSD ) Analyze, 1-hour time frame⏰. Do...
Here is my analysis for DXY on H1 using Order Block. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Hi everyone👋. 💡The DXY Index is ready to break the resistance lines; one of the signs is Bullish Marubozu Candlestick Pattern . 🌊If we look at the DXY from the theory of Elliott waves , we will find that DXY is on the way to completing wave 5 (📚If DXY breaks the resistance lines, we can confirm the end of wave 4 📚). 🔔I expect DXY to break the...
TVC:DXY CAPITALCOM:DXY Hello Traders, please check out my previous ideas. ✌💥If you are satisfied with my analytical content, please share my ideas💥✌ ✍🐱👤Otherwise, make sure you leave comments and let me know what you think.🐱👤✍ 🤑🍾Thank you for your support. I hope you will gain profit by following my analyses.🍾🤑 CrazyS✌
My overall view on DXY is bullish, I think the month of August will show continued growth. We are nearing the 103 price point which we could see a pullback from. If we break and close above the 103 price point and the wedge we could see a strong dollar for the future. Keep an eye on the price in the coming weeks.
Looking for up 103 and testing 104. looking long in indices so that also looking short in gold below 1900
Hello Traders In This Chart DXY HOURLY Forex Forecast By FOREX PLANET today DXY analysis 👆 🟢This Chart includes_ (DXY market update) 🟢What is The Next Opportunity on DXY Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze...
On the weekly timeframe it is more convincing that the last spike down was a sellside liquidity grab in order to start reaching towards the buyside liquidity, starting with the descending trendline. I will be anticipating further movement higher over the weeks/months to reach for the weekly Bearish Breaker Block. I also expect a measure of using a previous...
Hi We are seeing GOLD/XAUUSD going higher. This is taking in mind that we see DXY Dollar Index moving down in next week. Follow to keep updated with our trade ideas.