ALL trading ideas have entry point + stop loss + take profit + Risk level. hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are...
Pair : DXY INDEX Description : Bullish Channel as an Corrective Pattern in Short Time Frame Completed " 12345 " Impulsive Waves Break of Structure RSI - Divergence Fibonacci Level - 78.60%
Pair : DXY INDEX Description : Head and Shoulder as an Correction in Short Time Frame Break of Structure and Retracement RSI - Divergence Completed " 12345 " Impulsive Waves and " AB " Corrective Waves
I'm closely monitoring the DXY (US Dollar Index) for indications of the dollar's trajectory into the weekend and early next week. The US dollar's influence on global markets makes the DXY a critical reference point for traders. Given the strong correlation between many currency pairs and the US dollar, the DXY's current position at a key resistance level...
Pair : DXY Index Description : Bullish Channel as an Corrective Pattern in Short Time Frame Double Top RSI - Divergence Elliot Waves - Completed " 12345 " Impulsive Waves and " AB " Corrective Waves Break of Structure
The DXY's daily chart suggests a bullish continuation. A Fibonacci retracement could offer a favorable long entry point. Target potential profits at previous swing highs. (Disclaimer: For educational purposes only.)
The US Dollar Index (DXY) is currently hovering around a crucial support area ranging from 104.1 to 104.3. The significance of this support zone lies in its potential to dictate the future direction of the dollar. If the support holds and the price action confirms a bounce, it could signify strength in the dollar, potentially leading it towards the 105 level....
Pair : DXY Index Description : Exp FIAT as an Corrective Pattern in Short Time Frame RSI - Divergence Break of Structure Completed " 12345 " Impulsive Waves Demand Zone
💲DXY: Last week, DXY had a surge after the FOMC meeting and reached its highest level of the week around 104.2. Regarding technical analysis, we can see that DXY has broken through the Downtrend line and the key level 103.5 - 103.7. With this development as well as the strong increase in the last 2 days of the week, I will appreciate the upward trend for DXY for...
DXY - 4h - NEW UPDATE Nothing bearish for now on 4h. Testing resistance zone now.
➡️ Long-term #DXY analysis (March 11 - March 16) We doubt US data will move the Dollar much today and instead, investors are waiting to see if Friday's February NFP jobs release does indeed correct lower from the strong gains in January and December. Consensus is around 200K and any lower would probably be good for risk assets in that it would allow the...
Price is forming an expanding structure into a HTF Liq.P. Considering DXY is approaching a resistance area, indicating USD might be ready for an exhaustion. If price breaks above the Liq.P , finishes the expanding and closes back in; I will wait for the 1st continuation flag on the LTF for an entry short. *********** Glossary: VA – Value Area Liq.P –...
Pair : DXY Index Description : Bullish Channel as an Corrective Pattern in Short Time Frame Consolidation Phase Break of Structure Completed " 12 " Impulsive Waves S / R Level
The DXY is currently trading within a well-defined monthly sideways trending range. Price action is testing a key support level, indicating a possible retracement towards previous resistance. A bullish break of the current 1D/4H downtrend, followed by a retest and failure of the range, could present a potential buying opportunity. Disclaimer: This analysis...
"The DXY seems to be retracing from 100.615 to take liquidity at 104.565, and we've observed significant price reactions in the area since Monday, November 13, 23. This suggests that the DXY is currently showing efficiency and may be inclined to move lower towards 99.559. However, reaching 99.559 might face resistance due to a "shield area," which could...
Pair : DXY Index Description : Completed " 12345 " Impulsive Waves and " AB " Corrective Waves Fibonacci Level - 23.80% / 32.80% Impulse Correction Rising Wedge as an Corrective Pattern in Short Time Frame Demand Zone
Pair : DXY Index Description : Completed Impulsive Waves " 12345 " and " A " Corrective Waves Break of Structure Rising Wedge as an Corrective Pattern in Short Time Frame with the Breakout of the Lower Trend Line and Retracement RSI - Divergence
➡️ Macro perspective: The US dollar index rose ahead of the GDP data but then fell again. This slightly weaker data encourages investors to hold risk assets, but the big data is the January PCE released today. ➡️ Technical perspective: DXY produces higher highs, followed by higher lows, signaling the start of an uptrend. If DXY rises immediately, a break...