so far dxy looks very bearish, next stop can be 100 ema. from where i expect the bounce. as another bearish signal we can see Rsi crossing.
Lower Lows and Lower Highs are technical patterns that are commonly used in chart analysis to identify potential downtrends in the DXY US Dollar Index. A Lower Low occurs when the price of the index reaches a new low during a given period that is lower than the previous low. This suggests that the price is continuing to trend downward. A Lower High occurs...
On the 15 minute chart with trendlines drawn, a bullish megaphone pattern is seen. This is a suitable basis to take a long trade with price is near to the ascending support trendline with a stop loss just outside ( below) that line The trade is supported by the current downtrend of the USD (^DXY) as seen in the link below. The megaphone is demostrative of...
Price to seek liquidity on the 80s, It is as strong as it goes from here.
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.
DXY MARKET OUTLOOK - BEARISH TREND? DXY has broke the bullish trendline in the Daily Chart. Here's the potential movement for DXY.
Pullback, we'll see what the market does upon it's opening. DXY bias looks like it wants to continue to the downslide. Now that the dust has settle from NFP i'm looking for a push to the downside in the coming week. Everyone have a safe and enjoyable Sunday. Disclaimer: This is not trade advice. Trading foreign currencies, stocks, indices, etc can be a...
#DXY in This H4 Time Frame DXY is Moving down further to touch the Support Area of This Channel.
seems like this news is setting dxy for a nice pull back after that last explosive move if 104.200 holds we can see another leg up for a move up since dxy made a higher high im still bullish biased over all this pull back most def was needed now if the next push up doesnt break that last dxy high we could see seelers start to step in
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
12 AM 1hr candle is red indicating the bullish set up out of the MZ. Price broke out MZ structure came back and retested now the BUY is engaged. Take the Buy to the target zones which are the extreme levels of the ADR. DXY is falling after Jerome's speech yesterday:) (That's his job to contain the GREENBACK! Typically over the last year when Jerome speaks the...
Price has reached a key area of resistance which aligns with the 50 fibonacci reteracement as well, & today formed a doji candlestick. I am seeing a bearish revesal back into support coming as long as price remains under this resistance zone.
DXY has completed its correction, we are due to see another impulse to the downside. Expecting a catalyst that will bring selling pressure.
DXY 1H TF is in bearish trend, price at LL right now. we can take a short entry using FIB level 0.382. SL & TPs are defined on the chart.
Monitoring for the possibility to buy during the London session today (7 Mar) and to sell during New York at the FVG shaded in grey. Buy to Sell.
Waiting for USD to retrace further up into the market gap for a SELL.
Please respect the analysis. Today is a beautiful day, a golden opportunity. Just a little patience and diligence, we will be the best Happy holiday Any questions about the transaction are welcome
much needed pull back here from the dollar and a retest of 104.6-104.9 would be nice for a continuation to the downside now if thats broke we could see bulls back in play but as of now its still bearish