The greenback has made a very strong bullish push for the past month. As we start the new month of October, I expect the USD to retrace towards either: The the weekly trendline Previous resistance Support 93.000 ...before continuing higher (Provided positive fundamentals for USD) Things to watch out for this week (Fundamentals): OPEC Meetings...
A cup and handle is a technical chart pattern that resembles a cup and handle where the cup is in the shape of a "u" and the handle has a slight downward drift. A cup and handle is considered a bullish signal extending an uptrend, and is used to spot opportunities to go long. Technical traders using this indicator should place a stop buy order slightly above the...
Hello traders, Dollar Index in 4-Hour Timeframe This analysis is prepared in 4-hour timeframe but has been published for a better view in 8-hour timeframe. The dollar index continued to fluctuate around wave a around the Fibonacci zone 1.27. We still consider the first probability for the index to be the formation of wave 4, and we will consider this probability...
#DXY Daily Both Possibility available here on That Point Wait For Market Opening If We Reject The Resistance Area Then It Will Going To High Otherwise Down From There After Rejection.
DXY Weekly Analysis & Trading Idea for 4 - 8 October 2021
Hello traders, Dollar Index in Daily Timeframe , The dollar index has been and is very vague in terms of wave count. As we said, we are in wave b at weekly time. Wave b is formed as a flat with only wave c remaining. Wave c We can not comment on this at this time due to the current situation, but we have two possibilities: In the first case, we will have a descent...
Hello traders, The dollar index in the weekly time frame, This analysis is prepared in weekly timeframe but is displayed for a better view in 2 week timeframe. The range we have examined has an impulse state in which we are inside the fourth wave, and this second wave impulse forms itself as a relatively normal flat, and accordingly the fourth wave can be more...
Wave (iv) seems to be complete, waiting for a break of the structure to confirm shorts on dollar. It has same pattern as #usdchf.
I expect DXY to drop in the 92.5 area Bullish sign for Bitcoin Q4
Hello traders, DXY in 1-hour timeframe, this analysis was prepared in 1-hour timeframe but has been published for a better view in 2-hour timeframe. Well, we still have the same mindset of correcting all this sideways trend for Wave 4 at higher times In this process, the side of wave b of the plate is probably irregular or it can be said that wave 4 triangle is...
Hello traders, DXY in 1-hour timeframe, this analysis was prepared in 1-hour timeframe but has been published for a better view in 2-hour timeframe. According to yesterday's move and according to the four-hour analysis, the movement index continued to Fibo 1.27 and there were fluctuations in this range, but it must be said that this scenario has more or less been...
US Dollar Index (DXY) analysis: Recently you have seen or heard a lot about DXY and its impact on the market. So what is US Dollar Index (DXY) The US Dollar Index is used to measure the value of the dollar against a basket of six world currencies - Euro, Swiss Franc, Japanese Yen, Canadian dollar, British pound, and Swedish Krona. That means if DXY goes up the...
Hello traders, DXY in 1-hour timeframe, this analysis was prepared in 1-hour timeframe but has been published for a better view in 2-hour timeframe. According to the decision we made in the four-hour time, we still consider this wave to be a correctional wave. And from this correction, we examined wave b. In wave b wave c is forming and from wave c we think wave...
Hello traders, Dollar Index in 4-Hour Timeframe This analysis is prepared in 4-hour timeframe but has been published for a better view in 8-hour timeframe. The dollar index completely broke our previous analysis point in Fibo 0.88. And if this point is broken, we were supposed to consider this wave as wave 5, but from what we have examined, the most logical case...
DXY is test pivotal resitance at the 94 handle which represents projected weekly & monthly range resistance, projected ascending trend channel resistance, with the weekly S3 and yearly pivot just above at 94.15, also noteworthy momentum divergence should soon be addressed. Watch for bearish reversal patterns in this area to set short positions targeting a retest...
#DXY Daily Moving Down Trend To Touch The Trend Line If Break This Area
Hello Traders, As we can see, We are Now at the End of the Wave D, The Price make an Extended Wave (Ending Diagonal), We have Divergence at the MACD as shown, so now we're targeting the final wave (E) that give us a potentiel 99% of short position. Please Like and Subscribe for more analysis.
Hello traders, DXY in 1-hour timeframe, this analysis was prepared in 1-hour timeframe but has been published for a better view in 2-hour timeframe. In the previous two analyzes we mentioned that wave 5 of wave c of wave x may not have formed. However, in the previous analysis, we rejected this issue, but still showed that we would expect a not so long ascent....