We are looking for a SHORT possibility on DXY for the month.
dollar index is in last lag of uptrend , it's zigzag that connect to that another zigzag with x wave ,
🔰You can see the analysis of the USD index in the 30-minute frame team (US Dollar Index _ 30 min)💣🔍 ✴️Supply and demand zones and ranges of 50% and 61.8% of Fibonacci retracement (purple💜) are shown in the image. If the price reaches the 61.8% Fibonacci range and the specified supply range, we can expect the price to drop to the support line (orange🧡 line). If...
Hey traders, first of all i highly recommend taking a look at DXY chart in the beginning of every trading week if not everyday, that will help you to trade USD pairs more professionally and will help you to manage to spot their direction! in today's trading session we are monitoring DXY for a buying opportunity around 106 zone, once we will receive any bullish...
A trade that cannot be missed when it drops. This pair has been making new lows, it is not ready to buy long term. We are anticipating a possible double bottom before it could even think of changing a trend. Overall we still believe this is a strong downtrend. Trade with care. Follow and like for more trade ideas.
This support trend line should break soon. Maybe this week.
We found some support around the 105.252 area, will keep an eye and see if this market trades higher back up passed the 107.600 area
Hey traders, in today's trading session we are monitoring DXY for a buying opportunity around 106.000 zone, once we will receive any bullish confirmation the trade will be executed. Trade safe, Joe.
Hey traders, in this week we are monitoring DXY for a buying opportunity around 105.7 zone, once we will receive any bullish confirmation the trade will be executed. Trade safe, Joe.
I think USD INDEX as long as the trend line is not broken, it can be bullish and reach the 110 ranges.
Happy Tuesday Traders, Investors & Gamblers 😃 Today I want to talk about the U.S. Dollar Index . As mentioned in a previous post a couple of weeks ago, DXY is currently at a very strong resistance in a 15 year trend visible on the monthly chart here. 1D U.S. Dollar Index (DXY) 4H U.S. Dollar Index (DXY) Here below I left it all in the charts for...
According to technical analysis, DXY is running in a major butterfly pattern and will plummet back to 105 area
DXY 8H chart shows some early signs of a potential change in direction, we witnessed the price go imbalanced and shoot higher, before losing steam, and presenting these wicks, I think we can look to short it back to the 200 day average. However the oppurtunities lie more in other currencies and commodities, I will attach below of EURUSD which has the possibility...
What's up trading world! Hope you have been well & taking care of yourself in these uncertain economic times! I am back with another DOLLAR INDEX update, now I did say I would update at the end of June however, with 1st July being a Friday, I wanted to observe how the market plays out so I could give a move comprehensive update! UPDATE: 1. Bearing my previous...
#usddollar, 15th Key reversal bar, next Insurance bar indication for short dollar. 105.55-60 resistance level for previous fall. High probability to hold this support to form double top. price may go rise up a little to catch stop losses of short traders. Target is 103.00.
dxy usddollar i think it will rest for a very short time and came into range mode then fall to the downer zones
I anticipate US dollar index to loose strength in the coming days. The index has declined so much since May 12 breaking below the 5 May low. From then the index began to correct in a bearish wedge formation which suggest that the bearish momentum is more likely to resume soon. I will keep an eye to the wedge if it gets violated to the bottom I will consider going...
EURUSD has broken the previous lower high to confirm the push to the upside. Buy the pullback on which price action will confirm the move to the upside. Trade with care and Goodluck. Please like and follow for more accurate trade ideas.