it's been a while since my last post about how i think or my opinion regarding the DXY movement. as we saw last time candle dd 10/06/23 price pretty much has stopped from going further down then bounce back from discounted area taking the old high dd 4/12/23. however from my pov i see this as a fail take-over as price reach the fvg without leaving a strong...
This chart is just for entertainment. The US is not in a very nice situation now. Simply because of the yield. As we know, if it goes back above 5%, there would be BIG trouble. From what I can see now, there is high probability of them trying to slow the $ going up. Looking at EURUSD, perhaps we are seeing signs of this now. Which is why the Japs are also...
Despite the idea of a bearish impulse for dollar index I think it will surprise us and goes up. A reliable Head and Shoulders patter is obvious and its Neck Line breakout also happened and the last confirmation for me is to breakout a green zone. For now just wait and see because we can have very good position in EUR if it analysis is correct. Thanks
we can see that in this zone of the SRSI the dollar makes its biggest downward move . The momentum looks to be dying and possible rolling over . next target at the bottom of the trend and if broken I expect a massive crash
DXY RED FOLDER WEEK Analysis Mid April Price creeped up into the noted SIBI on the daily chart. I had a feeling that price might be turning around after the last 5 months of this bull run to seek the equilibrium level. I need more price action to confirm my bias sentiment. Is this a false break to the down side? My target for the week was the noted sell stops...
5.3. 24 just as in the other videos I'm focused on price action and how the markets move from buyers to sellers and sellers the buyers and with the reversal patterns look like . it takes active engagement to analyze the market but it doesn't take a lot of time once you become consistent with your tools and how you look at the market.
I analyzed this trade in mid-April when I saw the strength of the dollar. My analysis is based on ict concepts , I relied on seasonal trends, Cot, Open Interest, Quarterly Qhift, Drawn Liquidity, Structure, HTF PDA, Premium and Discount Arrays,
DXY reacted as expected on the 0.559 Fibonacci together with its EMA retest. Indicating it's looking for further highs. My Expectation here would be or -0.309 Retracement resistance. This upwards move is indicating quite hard times for all assets valued in US-Dollar, especially looking at you crypto.
Recent Achievements: DXY has reached our previously set targets as mentioned in DXY Descent Alert: Path to 102.800 - 102.280 . Post-achievement, the focus was on determining the subsequent direction of DXY. Trend Line Breakthrough: Following its last ascent, DXY broke through the monthly trend line, a detail observable in our previous analyses, peaking...
DXY make its correction ... in lieu to a negative news from Nfp ..., to sweep the imbalance below ... now making its bull run ... while Gold shorts . Follow for more insights. follow for more insights fellaz , comment ,boost idea ... Thanks
Hi Traders ! On The Daily Time Frame: The Dollar Index Formed a Double TOP Pattern. The Neckline is Broken ! So, I Expect a Bearish Move 📉. __________ TARGET: 105.000🎯
DXY - potential short I have this idea .. so I think we finished the Up wave (potential last wave) but next probably we will go down.
Market Maker Buy model spotted on the DXY. Also, we can see engineered liquidity in the form of equal highs and then the final high from October. Once the price dips to the D1 FVG, I expect inverted FVG to support price and reversal here then we can have approximately 2 weeks of up move from here. This must work because the guy who invented this was kidnapped...
DXY is oversold. Possible bullish news for usd to send it up. Possible EU and GU bears but liquidity grab is almost certain to take out early buyers.
Hello,Traders! DXY is making a bearish Correction but a strong Horizontal support level Of 105.00 is ahead So after the retest We will be expecting A bullish rebound Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Considering that the index has crossed the support range, it is expected that the continuation of the downward trend will be formed until the specified support levels. In this case, a medium-term downward trend will probably be formed
I would label the correction that has been occurring for the past two months as a running double three (W-X-Y) as depicted in the chart. The W wave is a zigzag and the "running" X wave that retraces beyond the W wave is a zigzag (abc) with the 'a' wave being an expanding leading diagonal as described in my previous post. I will label the correction that occurred...
The recent movements in the USD Dollar have caught the attention of investors and forex traders alike. As the USD Dollar retraces back to $104.5, there are several advantages for both stock investment and forex trading that can be capitalized upon. Let's explore them in point form with emojis: Advantages of Stock Investment: 1. 💼 Diversification: Investing in...