Hi all traders. Please take note for dxy. Currently dxy has slightly broken the trend line but still trading below the 200ma. On the h1, we are seeing dxy with structure still intact. As such, as long as structure holds, we should be expecting the 200ma to be broken next week on h4 for more upside confirmation. However, if h1 structure doesn't hold, we should...
The DXY should test the 94 area. Going long. Good luck
Pattern: Channel Down on 4H. Signal: Sell as the price just broke the 4H MA50 and is approaching the Lower High trend-line of the Channel Down. Target: 91.35 (Lower Low of the Channel Down). Most recent signal on DXY: ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** !! Donations via...
as we can see from the chart, DXY has an ends the day with an hammer ( in which the lower shadow is at least twice the size of the real body.Hammers signal a potential capitulation by sellers to form a bottom, accompanied by a price rise to indicate a potential reversal in price direction. This hammer is seen sitting below an ending diagonal. An ending diagonal...
Hi all traders, DXY is still showing weakness Have broken out of the flag n heavily rejected as such, continue to sell dxy.
An update on dollar index. we have been experiencing some sideways corrective structure, we expect a break out to the upside soon
Hi all traders, Morning! This is daily updates for dxy. As you can see from the dxy, we might be seeing a potential bear flag. If we were to break out of the trend line , we will see potential downwards movement, any further low , previous week low must be broken to further strengthen the bears on it. As usual, any buy for dxy must be only above DAILY...
Pattern: Channel Down on 1H. Signal: Sell as the RSI and MACD are approaching short-term tops. Target: 91.90 (internal Lower Low). ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** !! Donations via TradingView coins also help me a great deal at posting more free trading content and signals...
Pattern: Rectangle on 4H within 92.50 - 94.00. Signal: Buy as the MACD and RSI are ascending and just made contact with their bullish trend-line. Target: 93.90 (just below the Resistance). ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** !! Donations via TradingView coins also help me a...
we are start buying dxy from this strong support zone and looking for great profits with small risk guys if u like our idea push like & support us follow us for more updates
The DXY has broken the downward trendline and is about to test resistance We will wait for price to break resistance and retest before going long! There are signs of divergence all over the place on this pair and with the fall of the USD I am looking for price to shoot up
Hello Sophisticated Trader, Our last analysis was 300+ in gains, now the DXY has found some support and is due for a bounce. Currently, a close back above 93.00 suggests a test of 94.00, oversold conditions also support this and only a close below 92.50 would negate this bounce. Like, Comment, and Follow. Let's Make Money Together! Happy Trading! Dr. Lydia...
Pattern: Channel Down on 1D. Signal: (A) Bullish near 93.10, (B) Bearish if the Channel breaks. Target: (A) 94.50, (B) 90.50 (the blue outer Lower Low trend-line. ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **
LIVE MARKETS U.S.-Durable goods rebound at end of what was likely a historically bad quarter * Major stock indexes gain, Nasdaq in the lead * Materials, tech biggest gainers among S&P sectors; Utilities lag * Gold higher; crude, dollar down; US 10Y Treasury yield ~0.59% NE… DROP A COMMENT, LIKE. OR FOLLOW IF THIS HELPED, FEEDBACK IS ALWATS APPRECIATED TITLE/DATE...
This has danced around all week and now with the USD falling I can see this rising at some point early next week Once price breaks resistance I will be placing my first buy to the next line of resistance
Price broke resistance now we are waiting for a pullback before we buy to the next resistance zone