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...
This is bad for all against US dollars. Particularly againts bitcoin. Dollars is bullish.
US Dollar Technical Setup: NEAR-TERM TECHNICAL OUTLOOK: TRADE SETUP ON DXY we can see some minor pull back on the pair around $94.600 where we can see strong buyers. If you find this helpful let us know your thoughts on the IDEA Drop some feedback below in the comment! Your Support is very much appreciated! You leave a comment an, let us know how you see this...
As you guys already knew. Dxy doing pullback move. in fundamentally side,. CPI and inflation numbers are so bad. high inflation makes dollar doing corrective pullback. the monthly nfp report also shows bad numbers. on my weekly and daily analysis, dxy testing the weekly trendline+ daily demand area. and now slowly form a bullish engulfing candle on daily time...
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 counting done in higher times, a leading trend is formed and from this trend, waves 4 and 5 remain. Wave 4 was originally intended as a flat, but wave c, which we identified in the...
Hello everyone, as we all know the market action discounts everything :) _________________________________Make sure to Like and Follow if you like the idea_________________________________ The dollar fell on Monday after the People's Bank of China (PBOC) announced a surprise benchmark decrease. Investors are also anticipating the Federal Reserve of the United...
Looking at the DXY here for Monday's open and a is said in my last post it looks exhausted. I am ideally looking for a double top here but I think a test of this yellow line, there is so much liquidity there it would make tons of sense. I would love to see it get taken out straight away just to see a bearish week ahead for dollar pairs because there will be some...
The DXY broke back down into the channel and is now testing the middle band of the channel. This should be the end of the wave 4 correction and we should see more upside to come for the dollar index. We should see some choppiness in the coming weeks before a break up farther to break the top and for the final wave 5. This final wave should hit the 99 price...
DXY showing rejection from Trendline and RSI divergence also if DXY might go long XXXUSD pairs will drop
Not financial advice. The essence of investing & trading is the intelligent and patient preying on the greed, fear, impatience, addiction and ignorance of the majority. It's definitionally Darwinian.