dxy gap was just filled now lets see what happens now and if that higher lows hold which is also a bullish orderblock area dxy bulls right back on schedule for another possible leg up overall im still bullish bias dxy
Short term pendant could cause bullish move for SPY & BTC as DXY goes down short term to touch the other side of the pendant
last 30 min close broke structure now waiting on dxy re test its making higher lows but lets make sure they hold overall trend is up meaning dollar bulls still in control
If price play out without invalidating the triangle, then a final leg up, at least for the short term is expected. Good luck
The Dollar Index might be on the road to tapping into the supply zone from 2002 before having a small correction. I dod believe the DXY will tap into next supply zone of around 170 in the next months to come. But before that we might see a small correction, creating a possible bullish October month for most risk assets.
Easy idea... Long against the DXY pullback... should we not get it then i'm out before stops but thinking 28-30k and or 200 day MA easy targets if it can get above trend lines. DXY could easily make another pop to around 114.40 IMO but that would be the top for me... that is my line in the sand to remain in long positions: $BTC $MARA $ARBK $BTCM $ZIM
DXY to continue strong uptrend, you know how to act. Short majors, Short metals, Short US Stock and enjoy
Hey traders, Here is our technical analysis on DXY. DXY is coiling on resistance cluster. Based on our stand point the DXY will start falling. ❤️ Please, support our work with like & comment! ❤️
This is an update to my DXY analysis from August 2015. Nothing has really changed much from that analysis except a potential top in January of 2017. Time cycles change all the time, so I have no interest in putting too much faith even in something as consistent as the US dollar time cycle. However, I am very interested in the 618 level at ~ 84, should the 93 -...
The Strong Dollar: Can It Continue? --the short answer is YES! "A trifecta of factors support the dollar, including the relatively strong performance of the U.S. economy, tightening monetary policy by the Federal Reserve, and safe-haven buying. These are likely to remain intact into 2023." INDEX:DXY TVC:DXY
Don't be too serious about analyzing the market. wkwkwkwk
We're coming close to the top on DXY IMO. We may revisit the 2001 top and the upper band of the ascending channel. After that, I would expect a fall to retest major supports.
The dollar index is currently in a distribution phase and I'm currently waiting for a break below level 112.913 which happens to be the most recent support, a strong break below that level will lead to a bearish market till at least point 110.520
DOLLAR INDEX touched the top line of important channel, as you know, DXY is the most important chart for all of market.
Technical Analysis Chart Update DXY - Dollar Time Frame - H1 ELLIOT WAVES - " 123 " wave completed and making correction for 4th Wave BULLISH CHANNEL in Long Time Frame #LTF Symmetrical Triangle in Short Time Frame #STF
Hey traders, in today's trading session we are monitoring Gold for a selling opportunity around 1650 zone, once we will receive any bearish confirmation the trade will be executed. Trade safe, Joe.
On the H4 chart, prices are moving in an ascending manner hence we are bullish biased. we're looking at a break out buy entry at 114.582 levels where my previous swing high sits to take profit at 120.506 where the previous swing high sits and stop loss placed at 110.767 where the 50% retracement sits Any opinions, news, research, analyses, prices, other...
After a long period of uptrend, US DOLLAR INDEX reached its critical point. The Fed raised interest rates last week. After that, dollar index a very strong growth and reached the level of 114.400. What's next ? I have no problem admitting that the XXX/USD short trade is the only trade right now, with the US Federal Reserve and other central banks intent on...