2023.6.12 Daily European Perspective Daily peak of USD is 21MA Hello, I'm Older Duan. Today is Monday, June 12 2023. Now it's 16pm Beijing time. Let me give you a quick comment on the technical forms of the current international mainstream varieties! First, what we see is the daily graph of the dollar index. As shown in the figure, the U.S. Dollar Index...
2023.9.6 Daily European Perspective USDX has plummeted ! Hello, I'm Older Duan. Today is Friday, June 9 2023. Now it's 16pm Beijing time. Let me give you a quick comment on the technical forms of the current international mainstream varieties! First, what we see is the daily graph of the dollar index. As shown in the figure, the U.S. Dollar Index broke...
2023.6.8 Daily European Perspective USOil is shaping triangular Hello, I'm Older Duan. Today is Thursday, June 8 2023. Now it's 16pm Beijing time. Let me give you a quick comment on the technical forms of the current international mainstream varieties! First, what we see is the daily graph of the dollar index. As shown in the figure, today is the eighth day...
2023.6.7 Daily European Perspective EURUSD is weaker & weaker ! Hello, I'm Older Duan. Today is Wednesday, June 7 2023. Now it's 16pm Beijing time. Let me give you a quick comment on the technical forms of the current international mainstream varieties! First, what we see is the daily graph of the dollar index. As shown in the figure, the US dollar index...
2023.6.5 Daily European Perspective USDX is strengthening! Hello, I'm Older Duan. Today is Monday, June 5 2023. Now it's 16pm Beijing time. Let me give you a quick comment on the technical forms of the current international mainstream varieties! First, what we see is the daily graph of the dollar index. As shown in the figure, the US dollar index started to...
2023.6.2 Daily European Perspective GBP is strengthening ! Hello, I'm Older Duan. Today is Friday, June 2 2023. Now it's 16pm Beijing time. Let me give you a quick comment on the technical forms of the current international mainstream varieties! First, what we see is the daily graph of the dollar index. As shown in the figure, the US dollar index fell...
2023.6.1 Daily European Perspective USDX is flat Hello, I'm Older Duan. Today is Thursday, June 1 2023. Now it's 16pm Beijing time. Let me give you a quick comment on the technical forms of the current international mainstream varieties! First, what we see is the daily graph of the dollar index. As shown in the figure, the US dollar index has been vying...
hello everyone, dxy had been bullish for past 2 weeks.. there is a high chance of correction now... price can pull back to support level 102.9 good luck
hello everyone, dxy will likely retrace to previous high as it breakout from the bearish channel in 15min tf 103.61 seems like a strong resistance for higher tf also.. anything below 103.17 the trend may fail.. but chances are quite slim good luck
Short Term Elliott Wave View on Dollar Index ( TVC:DXY ) suggests that the rally from 4.14.2023 low is in progress as a zigzag structure. Up from 4.14.2023 low, wave ((a)) ended at 102.23 and pullback in wave ((b)) ended at 101.02. The 1 hour chart below shows the starting point of wave ((b)). Index is now extending higher in wave ((c)) with internal subdivision...
- Based on Next Forward Contract - Bullish on Dollar in coming weeks - S&D: Previous Imbalance is current Demand Zone - Wyckoff: accumulation pattern unfolding - Pivots: Monthly M2 to Monthly M4 = Previous Year Open = Target - Looking for downwards pressure on Majors in coming weeks
●● Preferred count ◉ U.S. Dollar Currency Index (DXY), 🕐TF: 1M Fig.1 The counting of long-term waves has not changed. I still think that there is still a possibility of a correction to the area of the previous wave (IV) . On the other hand, of course, it should be understood that the fourth waves in most cases form lateral corrections with an overlap...
greetings fellas, us dollar index in bearish 3 drive pattern and want to take sell side liquidity once again and reach to 99.84 zone. btw, in the second drive we seen 3 drive in 4h timeframe, maybe in third drive we will seen this pattern again but daily timeframe. after that i expect bullish spike candle to reach TVC:DXY 103.4.
I think we're possibly seeing signs of a DXY reversal in the making. USD performing better against some crosses this week (NZD / JPY), others failing to make new highs (GBP / EUR). CHF is smashing all at the moment, so interesting to see how this does against the USD this week (if it falls then this gives me even more confirmation). I've seen RSI divergence on...
US dollar index is going to form a complex correction. Numbers and the authentic levels are shown on the right side of the chart. Also I put the dotted path line on it. Good Luck!
I'm short on GBP USD, it's failed to make a new high, failed to break back above the dynamic ascending trendline. Inflation is still high, despite rate hikes. Economy is in a pickle, with really poor retail data today. UK is the worst performing economy in Europe. There's RSI divergence. We're on a longer term downward trend so if this is to be broken I think...
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Currently, tracking the USDX (US Dollar Index) has become more enjoyable than ever before. Upon further examination, I have come to the conclusion that the DXY has reached its peak and is now in a phase of aggressive decline, beginning from the level of supply that I have identified, or potentially even worse from the fair value gap (FVG). I will continue to keep...