This analysis is still the same as the last analysis, I am still bullish for this analysis. the price is currently at support, with several signs of rejection candles, there is a possibility of continuing the bullish trend again. if the price drops from support, there is a high probability that the price will retest the SnD area below.
Pair : DXY ( U.S Dollar ) Index Description : Bullish Channel as an Corrective Pattern in Long Time Frame Completed " ABC " Corrective Wave Divergence - RSI Break of Structure Impulse Correction Fibonacci Level - 78.60%
DXY analysis is still in accordance with the analysis some time ago, still in the a-b-c correction period. if we pull the fibo extension, from wave a to wave b, we can know the forecast of wave c will end. fibo extension 1.618 is adjacent to the SnD H4 area. it could be that the price is heading in that direction.
This Is The Dollar Index On The 4 Hour Time Frame And This Is What I Anticipate To See, Ideally A Sweep Of The Sellside Liquidity Engineered Today Then A Bullish Confirmation On The M15 To Confirm Our Bullish Bias Then We Can See The Dollar Index Rallying To Take The Buyside Liquidity.
This Is A Simple Anticipation I Have On The Dollar Index, It May Or Not Pan Out But We'll Wait And See, I'll Update You Guys As It Progresses.
DXY's journey since the last analysis is still in accordance with the roadmap, now there is a change in the character of the trend. there is a possibility of reversal. the price has broken the trendline resistance and formed a new high. Currently the price is moving close to SnD and is still held by the trendline, there is a possibility of a retrace. when the...
Dollar index looking for sell aroound 102 what is your idea about Dollar index Dxy
the SnD area is responding positively for now, there are several shadow candles with quite long proportions. if the DXY movement is appropriate then the possibility is that the price for the beginning of next week will be bullish limited to the resistance area.
Pair : DXY Index Description : Completed " 12345 " Impulsive Wave and " ABC " Corrective Wave RSI - Divergence Break of Structure Falling Wedge as an Correction in STF Fibonacci Level ( 50.00% / 61.80% ) S / R Level
Here's a Billion DXY nugget for all who have an ear to listen: receive: and learn. The DXY aka Dollar aka GreenBack aka That BULL aka Dolla Dolla will make her Holla : runs US Base Currencies and is Zeus in the markets. KNOWING this Objective Fact : you can mark up the DXY and trade it against most US Base Pairs especially FX:EURUSD and whichever way the DXY...
price touched there SnD where currently seen on h4 there is resistance, is this a sign of reversal? we wait for some more confirmation, is there a positive bullish candle or maybe a rejection candle.
Dear Traders, we have a good opportunity of selling XXXUSD pairs and buying USDXXX pairs, as the price currently testing previous LL we are expecting price to bounce from this zone. Let's not miss out on this opportunity. Good Luck and Trade Safe.
the analysis a few days ago went well, the price went to the trendline and now looks rebound. the biggest possibility is that the price will still go down in the direction of the black arrow. if you see the bearish trendline responded positively at that time, it could be that the price will respond positively again when approaching the trendline.
Currently the DXY seems to respond positively to the bearish trendline. the price has also broken the support. the next target is the trendline below. there are times when now is wave 4 a complex correction occurs, then we can be prepared that the price can go down quite deep going forward. the invalid area is the limit where this analysis can still be valid. when...
Pair : DXY Index Description : Bearish Channel as a Correction in Long Time Frame Break of Structure RSI - Divergence Symmetrical Triangle Completed " AB " Corrective Wave Fibonacci Level - 78.60%
Guess what happens to the related charts 💵🤡 Well I wish you all the best
Here is my view for DXY on H1. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
The U.S. Dollar Index (DXY) had a major Bearish Rejection last week, and the 1W chart perfectly portrays the triple sell signal that just emerged. As you see the price hit and pulled-back off 1) The Lower Highs trend-line of the Descending Triangle pattern, 2) the 0.618 Fibonacci level and 3) the 1W RSI got rejected on its Higher Highs trend-line. This Triple...