Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. DXY has been overall bearish trading inside the falling channel in red, however it is currently approaching around the upper trendline. Moreover, the zone 103.5 is a strong supply. 🏹 So the highlighted red circle is a strong area to look for sell setups as it is the...
Today's focus: USD Index Pattern – Ascending Triangle Support – 95.68 Resistance – 96.32 Today, we look at the USD index as price continues to trade rangebound after fighting back from a two-day decline. Could today’s CPI data break the deadlock and give the market some direction? Traders will be watching to see what today’s data could do for rate rise...
I expect such an upward correction for the index in the 15-minute time frame Wait until the result...
Dxy in the past week looks bullish, for next week in my opinion it will still look bullish with the formation of a bullish channel and the existence of a fairly thick bullish candle. For pairs that are counter to USD, the possibility of next week still looks weakening.
Based on Simple Technical Analysis ( Trendline + Support & Resistance ) Risk Disclaimer: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are...
Based on Simple Technical Analysis ( Trendline + Support & Resistance ) Risk Disclaimer: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are...
USD index should continue lower July-August. USDX should then reverse higher.
This is DOLLAR INDEX (DXY) MONTHLY ANAYLSIS.. DXY Imminent Skyrocket Price is buying from Panic Zone (0 -382%) INSIDE MONTHLY DEMAND ZONE (PREVIOUSLY SUPPLY ZONE) We expect price BREAK 0% AREA (WEEKLY SUPPLY ZONE) and continue buying to TP1 A AND TP 2 B AREAS. TRIGGER: WAIT PRICE BREAK 0% AREA (104.620) When it's triggered, I suggest to open ...
Today's focus: USD Index Pattern – Continuation Possible targets – 105.60 Support – 103.40 Resistance – 104.20 Today’s update is on the USD index. Do we have a new uptrend? For us, we want to see resistance beaten. If we can see a break, this could set up a new move to 105.60 and a break of that level take price out of its consolidation range and gets an uptrend...
USD vs BTC Equilibrium, Art of Trend Analysis If we always see that USD is always opposite to BTC, it can be said to be true, as there is a proven occurrence of a gap indicating a divergence between these two assets. However, it is important to understand that creating a divergence (opposite movement) requires an equilibrium phase before the occurrence of...
DXY analysis is still in accordance with last week's analysis, currently still looks bullish with the notation still unchanged. The invalid area is in wave 2, I assume if the price drops more than wave 2 then the Elliott notation will change and there may be a trend change.
The mid-week DXY looks in accordance with the initial analysis, experiencing bullish entry into the impulse wave, if now is the period of wave C, and wave C usually consists of 5 waves, then wave 3 has at least the same length as wave 1. we can estimate the movement of the wave 3 using the Fibo Extension.
DXY movement has been slow in the last 2 days, probably due to the big news releases this week. I believe DXY is still in a bullish position
With USD News due at 5:30 AM Pacific Time for me, I expect this Minor Resistance Level (see chart annotation) to get some attention from Price Action. Now, an uptrend retracement is likely to continue if Price Action closes above the Uptrend Anchor Break at 101.0460. However, if price action: (1) stays below 100.9750 AND (2) closes below 100.7880 (Downtrend...
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usdx going to long 3 pattern drive see at suppor to start long
USD Index, could we have a new leg lower, kicking off traders? Yesterday we saw a third straight decline as sellers rejected an earlier move and took back control. It was a commanding move lower as we saw sellers break and close below 103.35. This move also beat 103.48 support and set a new lower low after the trend break. This move maintains the run of lower...
There is a gap in the price which the price must fill and then continue lower