DXY - DISCOUNT VS USD? In my opinnion, this is just a discount for a possibilty tu long again AUD,EUR, etc..vs USD.
HELLO TRADERS!!! As we can see DXY has reached @ strong support zone and we are looking for retrace for testing last broken resistance area so i am expecting this support will create a short term buying opportunity so we will see these following TPs will hit our targets its just an a trade idea kindly share ur views and analysis it will help alote of new traders...
🏃♂️The DXY index has been moving in a Descending channel for a month . 🌊According to Elliott's theory , it seems that the DXY index has completed its 5 downward waves near the lower line of the descending channel after breaking the 🟢Support zone($103.78_$102.93) 🟢. 💡Also, we can see Regular Divergence(RD+) between two Consecutive Valleys . 💡I...
TVC:DXY regains the smile and advances to multi-day highs past 103.70 on Monday. If the key 200-day SMA (103.57) is surpassed, the index is expected to face more sustained gains to, initially, the weekly top of 104.21 (November 22) ahead of the transitory 100-day SMA at 104.37. In the meantime, above the key 200-day SMA, the outlook for the index is expected to...
My last trade on USDJPY was just bad luck, it touched my SL for nuts and next got back turbo to TP. This time will be different. UJ is consolidating, looks strong enough to continue the rally (for short term, while we are still downtrend on daily)
The Dollar Index (DXY), measuring the greenback against a basket of key currencies, extended its decline to 103.40 (from 103.75) during the holiday trading session. The Canadian Dollar (CAD) outperformed, causing USD/CAD to drop by 0.7% to 1.3615, hitting a one-month low. Canada's year-on-year retail sales for September surged to 2.7%, beating expectations of...
This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.
🏃♂️The DXY index is moving in the 🟢 Support zone($103.78_$102.93) 🟢 near the SMA(200) and 1 00_SMA(Weekly) . 🕯If we want to look at the last three daily candles of the DXY index from the candlestick pattern, we can see the reversal patterns of Hammer and Morning Star very well. 💡Also, another sign that shows us the end of the downward trend of the DXY...
Last night I was bullish on DXY. Tonight I’m looking to see it continue building bullish price action after sweeping internal liquidity.
The dollar index has been in a downward trend for a long time and has reached its important support. There are two important resistances ahead that, in my opinion, it can break through and go up to fill its GAP.
🏃♂️The DXY Index is moving in a 🟢 Heavy Support zone($105.88_$104.180) 🟢. 🔨 DXY Index was able to break the Support line last week. 🔔I expect the DXY Index will complete the pullback to the support line and then fall to 🟡Price Reversal Zone(PRZ)🟡 , and the cluster of SMAs ; after that, DXY will start to go UP at least to the upper 🔵 Gap 🔵. U.S.Dollar...
My bias for the dollar is bullish, as I am expecting a major pull back from this key level of demand that we have marked out on the daily time frame. As you can tell by the price action, bearish pressure is now getting exhausted so, we will be looking out for a wyckoff accumulation on the lower time frame to give us more confluence that this move will take place....
#DXY The dollar has reached the reversal zone (Harmonic Enlightenment pattern) The decline prediction fails with a daily close above 108.14. Otherwise, we wait for the green targets The "Butterfly" pattern is a technical analysis pattern used in trading, including cryptocurrency trading. It is a specific type of harmonic pattern that traders use to identify...
This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.
TVC:DXY looks to extend further last week’s rebound, although the 106.00 region proves to be quite a strong barrier for the time being. Once the 106.00 hurdle is cleared, the index could then embark on a potential test of the November peak at 107.11 (November 1) ahead of the 2023 high of 107.34 (October 3). In the meantime, while above the key 200-day SMA,...
This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.
#dxyindex formed a megaphone channel. What does this mean? This is bullish for the index aaand... bearish for all risky assets like stock markets, crypto, commodities etc. This process may take weeks, just saying beware. NOT FINANCIAL ADVICE.
Price has respected 3D FVG there by creating an a breaker block which when retested it will be going to the upside