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...
The US dollar has recently fallen below its Simple Moving Average (SMA) of 100, an essential technical indicator for many traders. Based on this recent movement, there is a growing concern among experts that the US dollar could potentially drop to its 2021 lows. This noteworthy development requires careful consideration, particularly for those relying heavily on...
after the price retramcemt to fill FVG ''Fare Value Gap'' which is in the levels of the golden zone of Fibonacci OTE ''Optimal Trade Enrty '' we will see a reversal of the price towards the supply zone
Pair : DXY Index Description : Completed " 1234 " Impulsive Wave Divergence Impulse Correction Break of Structure Descending Triangle in STF as an Corrective Pattern
CPI Data ahead with good bullish divergence on DXY Index. Manage your trades Accordingly.
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...
A bearish cross was made between the 20-day Simple Moving Average (SMA) and the 50-day SMA on Friday, as the US Dollar Index (DXY) closed below the 100-day Simple Moving Average (SMA). After moving sideways near 50 in the past couple of weeks, the Relative Strength Index (RSI) dropped below 50. As a key support, psychological level 102.00 (static level) aligns on...
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
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.
Pair : DXY Index Description : Completed " 12345 " Impulsive Wave and " A " Corrective Wave Demand Zone Break of Structure Bearish Channel as an Correction in STF RSI - Divergence
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...
Pair : DXY Index Description : Bullish Channel as an Correction in Short Time Frame with the Breakout of the Lower Trend Line and Retracement Break of Structure S / R Level RSI - Divergence
Mr. Biden revived the industry to compete with China, but this intervention could put the US economy and its allies at risk, according to the WSJ. Jake Sullivan, President Joe Biden's national security adviser, is often preoccupied with foreign threats, such as the Ukraine conflict. But in April, in a speech at the Brookings Institution, he addressed the threat...