Hello Everyone. I want share my idea about DXY. In my last idea DXY price went exactly as i planned. ( I will link in that post that idea ) After big news what was CPI we had big fall which retest Aug low and came back to weekly trendline. but what we have here now? what is my plan for next week? We are at really important place because its close to July Strong...
The Dollar Index (DXY) is presently situated at the upper boundary of a trading channel, accompanied by several concurring factors that suggest potential selling opportunities. These include the possibility of encountering resistance near the range of 103.380 to 103.450, aligning with a notable rejection point. Furthermore, there is the presence of the -0.618...
As I expected, DXY broke the resistance lines , and now DXY is moving near the 🔴 resistance zone($103.80-$103.38) 🔴. 🌊According to Elliott wave theory , DXY completed 5 impulse waves at the resistance zone. 🔔I expect DXY to drop to at least the uptrend line in the next few hours. U.S.Dollar Currency Index ( DXYUSD ) Analyze, 1-hour time frame⏰. Do...
Market Structure: DXY is in a downtrend making lower highs and lower lows and approaching a key level (resistance, downtrend line, swing high) and there is likely an accumulation of buy orders which are made up of breakout traders and stop losses of short positions. This accumulation of orders creates enough liquidity for the market to match orders at this high...
Pictured is gold from a Daily timeframe perspective How price is reacting at the bottom of the Weekly range is rather Reversal like and also paying attention to where price is on the DXY - the probability lies in a correction inbound - wether it correct to the mid zone and then continue lower, or if price brakes through we can see price make its way up to 1980...
Hi everyone👋. 💡The DXY Index is ready to break the resistance lines; one of the signs is Bullish Marubozu Candlestick Pattern . 🌊If we look at the DXY from the theory of Elliott waves , we will find that DXY is on the way to completing wave 5 (📚If DXY breaks the resistance lines, we can confirm the end of wave 4 📚). 🔔I expect DXY to break the...
TVC:DXY CAPITALCOM:DXY Hello Traders, please check out my previous ideas. ✌💥If you are satisfied with my analytical content, please share my ideas💥✌ ✍🐱👤Otherwise, make sure you leave comments and let me know what you think.🐱👤✍ 🤑🍾Thank you for your support. I hope you will gain profit by following my analyses.🍾🤑 CrazyS✌
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.
Hi everyone DXY has reached a critical level & can fall from here to levels of 101.380 as our first level. Let us know what you think If you like this idea hit the rocket & give us a follow.
DXY looks bearish for me TVC:DXY looking weak with rejection off the 50D SMA Short the dollar, long everything else. If we get this pullback its for usdxxx longs/xxxusd shorts Favorite for shorts = GBPUSD Favorite for longs = USDCAD
Hello Everyone. I want share my idea after we will get some news from CPI. In my last analysis of DXY my price prediction still short (i will link that idea in this post) My price prediction is still Short. on high timeframe from weekly trendline we have some pretty bearish movements. I think until cpi numbers it will touch daily trendline then it will retest...
Now that we are here...this is a price of attention since the Bearish retest should stop here and then continue downwards. We now are seeing a decline in the micro Bullish trend of the Dollar. Where do we go from here? A Bearish continuation for the dollar can only spur HH for equities is that even possible? PA will tell
Hello Everyone. I want share my idea about USD Index. After big and strong downtrend dollar found strong buy LVL and from here it started uptrend but at high timeframe we see its still bearish. Friday we saw strong sell but its looks like new low, i think the little bullish trend will continue, it touch weekly trendline or daily resistance, and then we will see...
Forward direction of the dollar index As you can see in the chart, the forward support and ascending channel have been drawn. The reaction of the index to the midline of the channel is decisive.
I think that the dollar will see a turn to the downside in the coming weeks. We are nearing the top of a weekly decending trendline as well as 103.00 being a resistence zone. We could hit 103.000 and see DXY turn bearish on lower timeframes. This is not financial advice.
Time to short DXY after touch upper line of the channel. DXY will weak. So, short all USD pairs. Good luck. Trade safe.
hi dear trader after stop hunt .. i open sell position ... price below strong resistance price can drop more and more good luck