Hi Traders, Investors are moving to safe haven currencies due to the global events happening right now between Russia and Ukraine. We can see USD, JPY and CHF pairs gaining momentum as these situations unfold. Looking at DXY we can see a nice push upwards to the HTF upper boundary of this bullish continuation correction. Keep your eyes out on the...
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 seems to be in a bullish trend I think we are currently in a Triangle pattern with a wave E failur.
DXY is strong and moving to previous Resistance 97.6
DXY will be putting bullish price action once the rate hikes are priced in. Crude is looking to pullback in the future as well.
The DXY looks set to continue to trade in a ranging motion to the upside as this is a historically messy region. It is likely that the price will continue to trade in a random walk manner with no clear direction until it breaks out of the 95.8 to 97 range. My guess is that it will break to the upside for the final wave 5 impulse so look out for that. I'd...
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!
zoom in, if we close below 1.135 we could go all the way to .9 could be a three drives.
IN this update we review the recent price action in the Dollar Index and update the trade plan and price objectives to target
According to my analysis, the next target of dxy will be 98.000-100.000 good luck
The weekly price chart below shows the U.S. Dollar Index printed a small bullish pin bar last week, as the price continued its consolidation between the support level at 12086 and the resistance level at 12293. The price is obviously consolidating but there is still a long-term bullish trend in force, with the price higher than where it was 3 and 6 months ago. If...
Hi Traders, Friday's volatility caused some massive sell offs across the board, especially with JPY pairs. The US dollar gained some momentum but in my opinion, it's short lived. We had a strong Impulsive push down from the upper boundary of the ascending channel and now price has sinve been consolidating which I feel will drop to the previous low before...
Hello traders, Dollar Index ( DXY ) in daily timeframe , this analysis has been prepared in daily timeframe but has been published for a better view in 2 day timeframe. In the wave count that was performed at higher times, a leading trend was formed and from this trend, waves 4 and 5 remain. Wave 4 was originally intended as a flat, but wave c, which we identified...
The final impulse move is incoming for the DXY, there will be pitfalls a long the way but once it breaks the 30 Jan 2022 top, it's clear skies ahead. We want to buy every dip before it breaks the top and start selling our positions at around 100.
$DXY conclusion is we are in Wave A which is almost finished while #cryptocurrency r also in A wave up , soon B wave down to #Crypto will start with B wave up to $DXY then final c wave down to $DXY to complete wave 4 on minor TF and also C wave up to $BTC will finish.$DXY finishes W5 around $100 unless we get a truncation. Fact is DXY remains inverted to the...
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!
Hey folks! DXY has been in a steady uptrend for quite a while now and the price seems to be holding the support really well. Perhaps we can see the price bounce from the support line. I think this is a pretty good spot to enter a long position since the risk is limited while the potential reward is much higher.
This week DXY chart held Bullish butterfly pattern. Now market buy to 95.826 & 96.144 resistance level.