The DXY US Dollar Index, which measures the value of the US Dollar against a basket of major currencies, has recently experienced a bearish move, declining from the level of 102.500 to 102.750. This analysis will explore the factors contributing to the bearish sentiment and the potential reasons for the index's downward movement in the specified price...
This is my view or anticipation on the dollar index, preferably for this month but we'll see how price plays out, this is just my anticipation with my understanding, it may be right and it also very much may be wrong.
The inverse relationship between the US dollar and Bitcoin has long been a reliable indicator for traders seeking to gauge the potential movement of the cryptocurrency market. Historically, when the dollar strengthened, Bitcoin tended to experience a decline, and vice versa. This relationship allowed us to make informed decisions and manage our portfolios...
Seeing the current Dxy structure, there is a downtrend channel in which there is also a triangle expanding pattern. Seeing patterns like this, the possibility is Dxy while the time will bullish up to the pattern that I describe on this chart.
Dollar Forecast Loaded with Volatility Potential but Can It Find a Trend? The Dollar has put in for a significant retreat these past few months, but recent bearish progress has come at a much more reserved tempo Event risk ahead is dense and may overlap in terms of market-moving potential, particularly between Tuesday’s CPI and Wednesday’s FOMC decision Market...
Hello Everyone. I want share my idea about USDOLLAR index. Last week was strong bearish, but this week we saw some correction. it broke Daily resistance last week and this week came for retest. I think present point for short entry is good opportunity. from here i expect movement to 97.8, at this LVL we have weekly support. This is my 2 scone of price...
Pair : DXY Index Description : Completed " 1234 " Impulsive Wave Divergence Impulse Correction Break of Structure Descending Triangle in STF as an Corrective Pattern
Last time we looked at the U.S. Dollar Index (DXY) we gave a sell signal on the exact top, the Lower Highs trend-line (chart below): Our first target (102.000) got hit, which was basically the 1W MA100 (green trend-line) that supported on the May 08 bounce. This week, that trend-line broke emphatically (also the 100.825 Support) and that is a strong bearish...
I come bearing astonishing news that will undoubtedly leave you stunned and intrigued. Brace yourselves for a mind-blowing revelation: the US dollar has soared an unprecedented 5000% against the Argentina peso! Yes, you read that correctly! The US dollar's monumental surge against the Argentina peso has sent shockwaves through the forex market. This staggering...
Pair : DXY Index Description : Completed " 1234 " Impulsive Wave Divergence - RSI Break of Structure Impulse Correction Bearish Channel as an Corrective Pattern in STF S / R Level
It will be interesting to see conditions at the beginning of next week. If the movement cannot be broken at the 101.30 area, it is possible that the movement will experience a correction first. Even though the potential on the target could still be in the area of 98.
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.