Given the time of the year, DXY is likely to keep a small range until FEb. Possible 104.5 - 105.0 by December END. Then Sells to begin the year toward 102 - 101.50 Not financial advice. These are my opinions.
EU Liquidity taken out and we can expect buy momentum till extreme POI Mitigation. Once price mitigate the extreme POI and create any reversal indication then we can sell for longer term.
hello guys iam here to share my idea about dxy index , please give your suggestion what do you think about dxy down or up ,? As a professional trader, I'm observing a potential short-term downtrend in the DXY index, targeting a decline of approximately 200 pips from 1.3600 to 1.1400. However, before initiating this downward move, I anticipate a retracement...
DXY tecnical Analysis I am looking berish move on dxy Follow for more
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.
Pair of Name : TVC:DXY ( U.S Dollar Index ) [ Time Frame : 1H [ Direction : Long [ Type : Swing High to Low ———————— Description -------**-- I am personally expecting just looking at price. The price will break down even further than we have seen. As you can see, prices already resisted the trend line. And now it's continuing in its direction towards the...
Taken a long entry on gold before London closing. we have a very important support area around 2015-2014.I have taken a long anticipating that tomorrow CPI is going to push DXY down and Gold Bulls will be activated. if CPI comes lower that expected we can see rate cut in may-24. all the events will push gold higher to new highs. fucking DXY bulls hard. DXY can...
Pair : DXY Index Description : ELLIOT WAVES - " 12345 " Impulsive Waves and " AB " Corrective Waves Completed Retracement for BREAK OF STRUCTURE BEARISH CHANNEL as an Corrective Pattern in Short Time Frame with the Breakout of the Upper Trend Line and Retracement FIBONACCI LEVEL - 61.80% Divergence in RSI
The dollar edged higher in early European trading on Wednesday, heading for its biggest monthly gain since September, while the euro edged lower after weak inflation data. At 04:45 ET (09:45 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, traded 0.1% higher at 103.352, on track for more than a gain. 2% this...
This week's focus is on the potential for a minor retracement in the DXY (U.S. Dollar Index), highlighted by a noticeable bearish divergence when compared with the 10-year Treasury yield and the 10-year T-Note futures. This divergence is particularly significant as it suggests a weakening momentum in the dollar's recent uptrend. While both the 10-year Treasury...
Dxy rising wedge pattern is squeezing smaller each day. We are expecting it to break out to the downside withing a few days to short the dollar. This is a great time to look at PA on some major pairs.
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.
HELLO TRADERS Hope everyone is doing great 🛑 New week new opportunities A look at the DXY ahead of the new week 👌 MULTI-TIMEFRAME ANALYSIS DXY DAILY * We see the 78.6 % FIB level holding in the past week. * Looking for signs of some bearish momentum for continuation with the bears. * The DXY is currently trading in PREMIUM. * Any signs of bearish momentum...
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.
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.
Following US dollar strength looking at DXY during the final hour of trade this morning on the US markets, both DXY and UUP represent a potential bearish opportunity should momentum continue and lower highs and lower lows be made past the current position, aligning with technical indicators of RSI and DMI. Personal stop loss for the trade would be the high of the...
DXY Downtrend The 6 month candle chart suggests we could be in for at least two red quarters which would suggesting positive markets..... which seems contradictory to the current sentiment BUT not the current charts (S&P, NASDAQ,etc). The weekly chart currently shows the critical resistance at $1.00 and we appear to be heading straight for it. I genuinely...
As the dollar has been consolidating in the past week, opportunities near the current price are limited. However, my nearest Point of Interest (POI) is a supply zone on the 14-hour chart. I am looking to capitalize on this by selling to continue the bearish trend observed in the dollar index. I'll be patiently waiting for a breakout from this range, aiming to fill...