Multi time frame USDX analysis from 1985-today.
DXY chart create Dubble Top pattern. So, when market breakout 90.200 RISISTANCE zone. Then the market and go up to 90.431 and 90.850 risistance zone. If breakout 89.788 support level then dollar index buy case invalid.And down to 88.937 level. Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any...
A cheaper dollar could increase the profits of the US economy, the majority of which are making profits in non-USD. Which is likely to have a positive effect on stocks and yields in the long term and in the coming years - but not this year 2021 (or even this summer). However, I am no longer optimistic for the US dollar and the US stock market, as well as for a...
Dollar index chart break out support zone 92.500 level and retest that zone. so, now its possible to reach 92.000 ,91.680 .up to 91.450 level. dear Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, I suggest you keep this pair on your watch list and see if the rules of your strategy are satisfied.
Dollar in Range and will break either side after Accumulation or Redistribution of Prices
U.S government efforts to restore the dollar power + market history that we can see on the weekly timeframe can give the dollar a power to continue its bullish trend that began 22 February 2021!
US Dollar Index- Reverse Head and Shoulders pattern confirmed.
Further downside retracement before the next rally.
Self-explanatory.
It is possible to expect some strength on USDMXN, a potential retest to the descending resistance of the daily channel.
dxy still can drop another leg in short term trades , but i don't think it will continue to much lower levels in 2021. when the equity markets goes for correction (up %40 can be expected) , DXY can spike up over 100 again.
Here I apply the same ending diagonal count as the EURUSD, this market has slightly different waves but still the same thing. The main difference here is the distance left until it reaches the lower channel. No it becomes even more obvious that the US Dollar is very close to completing the Wave 2 correction since 2009. The reason for the channel is because I am...
Dollar Index - Daily chart - Bullish breakout setup looking to enter don hourly pulbacks.. Selling other majors on pullbacks for 200-300 pips target.
USD index (Weekly chart)- Bullish RSI divergence.
In this special idea I will breakdown everything the US Dollar has done and what it is about to do. Do you need proof? I have proof. If you don't have proof you're guessing. Don't guess when it comes to the markets, know exactly what is happening or get out. I have linked the previous few ideas below that are related to the US Dollar. Please LIKE and ...
Here we look at how the Euro makes up 60% of the U.S Dollar index and how historically the moves in EUR/USD drives the performance of the DXY. EUR/USD is just under the key resistance level $1.20 as the DXY is sitting at a key support level 92.00. A firm brak above £1.20 in EUR/USD will be the catalyst for the DXY to break below 92.00. This offers us two trades...
We take a closer look at the US Dollar Index and the makeup of currencies within the basket. If you don't want to trade the Individual US Dollar currency pairs we can sell the Index as the Dollar continues to weaken across the currency pairs that make up the Index. We look at entry price strategies below a key technical support level 92.00