DXY is so bullish, basically a bad news for crypto and stonks. I suggest reduce your exposures to equities. Dont fight the feds, Cheers
DXY is ready to take a rocket to the Sky as soon, as we move to next month. If we break that triangle we gonna fly up really quick .. be aware . TP on chart. Regards
DXY has broken the month long consolidation box as highlighted on the chart but printing bearish divergence on indicator. We are watchful of the price action, any bearish candle with rejection on trendline top will be enough to go for shorts. Alternatively, breaking above the trendline and pass psychological mark of 100 will call for more bulls. Trade your...
Here is my view for DXY on D1. The price should go up, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
The USD is the strongest of the major currencies and in doing so, the dollar index (DXY) is also making a new high for the year. The index trades at the highest level since June 2020. Price Action: DXY has been in bullish trend and trading in bullish parallel channel (as shown in chart). This channel has been very reactive in the past. Currently price is...
Here is my view for DXY on H1. The price should go up, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
DXY after tripple top seems breaking channel and continuing upward!
DXY is in the correction channel and i thin it goes up as soon as possible.
The dollar index still in favor of the upside move momentum still strong
The DXY has broken major areas of resistance around 97.7. The price action has retested this level multiple times. When the market broke above, it started correcting, and a bullish continuation flag pattern was printed. With price now respecting these areas of previous resistance as they turn to support, it seem we will see price go higher. The Dollar is under...
Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
#DXY Here Is Full Structure Of DXY A $ Is Currently Move Higher To Resistance Line After That It Will be down if There is No Breakout Happened
Hey tradomaniacs, the chart basically shows my current concern about the recent breakout. Correlations aswell as fundamentals do not make sense here especially since YIELDS are exploding which is very good for the USD. ECB still pretty dovish in terms of interest-rates while FED does everything to fight inglation. I expect EUR/USD to drop sharply after...
The DXY is on 5 wave move to upside and we can expect an interaction with the 1.618-1.88 Fib extension levels.
Here is my view for DXY on H1. The price should go up, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Something changed moment Highlighted into full reversal to breakout. Euro Weakness incoming
📉 Expecting bullish price action on DXY for the week ahead as price is squeezing into a triangle. We have a LOT OF LIQUIDITY aka STOP LOSSES that has been build above the trendline and the equal highs today. We can see more of a bullish momentum than bearish. Also the institutional figure 98.500 acts as a strong ,, support ,, area. What do you think ? Comment below..