DXY (Update) After distribution phase at the top, Dxy took a hit and fall to immediate support at 94.600. We are expecting dxy to be bearish again and make a new low confirming lower high and lower lows (Bearish Trend). Trade your levels accordingly. Don't forget to share your valuable feedback in comment section. Check our other Forex and Crypto Setup on Profile.
Here is my view for DXY on H4. 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!
Hi Traders, Above we have my idea around gold and the possibilities of a short opportunity. We have seen gold trading above it's equilibrium, having followed the DXY and in what is considered a low demand period. We have a possible rising wedge pattern forming as well as a strong order block shown by the increase in volume on the right hand side. We are also...
📉 Expecting bearish price action on DXY as price takes out weekly high and made a huge bearish momentum that means price is due for a correction, we have a lot of liquidity that has been build on friday low that has to be taken out, please be aware that tomorrow is FED meeting that could bring volatility into USD. What do you think ? Comment below..
with DXY gaining some strength this is a perfect setup or area to short this pair. Please let me know what you think in the comments and leave a like
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!
Daily Market structure is Bullish Weekly trend is Bullish Each session this week has provided an opportunity to join in on the Trend. Looking for pullback to 95.85$ for continuation of trend
DXY The U.S. Dollar Index (USDX, DXY, DX, or, informally, the "Dixie") is an index (or measure) of the value of the United States dollar relative to a basket of foreign currencies, often referred to as a basket of U.S. trade partners' currencies. The Index goes up when the U.S. dollar gains "strength" (value) when compared to other currencies.
Hey traders, in the coming week we are monitoring DXY for a buying opportunity around 95.3 zone, once we will receive any bullish confirmation the trade will be executed. Trade safe, Joe.
I will be looking to long USD pairs this coming week because DXY is looking good for buys
This is not a trade Idea, Rather an analysis of last week's Price action on the 1Hr TF. I describe my thoughts on what may be playing out here. The daily candles closing back inside the daily range between 95.6 and 96.2 is a sign of bullish strength. We have now established a solid support on the Weekly Timeframe.. and the Dollar has been trending up. Cheers...
All eyes are on the fed's meeting next week. If they mention anything about increasing interest rates at a faster pace or with higher frequency, the market will get more jittery. My guess is this hawkish bear stance is almost coming to an end and the risk on will pamp once the interest rates hikes actually kick in. For now I'm bullish on the dollar, it should see...
Hey tradomaniacs, DXY (US-DOLLAR-INDEX) should be ready to pump soon 👉 All we need is finally the breakout after the fakemove below the support-zone. If that happens EUR/USD will drop sharply. LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow me
DXY is trading in a short term tentative bearish parallel channel. Two senarios can play here 1. Bears Control - DXY take a hit from parallel channel and drop to support level. 2. Bulls Control - Price break sharply above the parallel channel and meet its recent high. Trade your levels accordingly.
we could expect the euro to fall below 1 So, keep your flat in $ Cause DXY is bullish.
HEY EVERYONE HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE, A LOOK AT POSSIBLE SCENARIOS THAT COULD PLAY OUT IN THE COMING WEEK ON THE DOLLAR INDEX . * The consolidating in a descending channel CHANNEL is complete as we saw a break below of structure after it was respected with a couple of touches . - Short term the index is currently entered an up trend as we...