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.
Last week the US dollar index (DXY) closed at a 15-month low and beneath 100 for the first time since April 2022. Yet subsequent price action has seen a lack of conviction form bears, allowing prices to form a double bottom just above the March 2022 high and close with a Spinning Top doji yesterday. Given US yields are showing signs of stability (and hinting at...
Pair : DXY Index Description : Completed " 1234 " Impulsive Wave Divergence Impulse Correction Break of Structure Descending Triangle in STF as an Corrective Pattern
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
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.
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
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...
Pair : DXY Index Description : Bullish Channel as an Correction in Short Time Frame Consolidation Break of Structure Impulse Correction Fibonacci S / R Level
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
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%
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!