DXY HEDGES ABOVE Dxy hedges above to make intrinsic move above ,,, and make an alignment to short gold follow for more insights , boost and comment DLongby Ak_capitalist1
DXY FINDS ITS STAND TO BULL Dxy making a standardized move, as the buy momentum begins to sets in, and its gonna employ the Goldsman to embark on shorting gold , follow for more insights , as the next insights will be published in the comment session , boost idea , and commentLongby Ak_capitalist2
DXY " Dollar Index " 🔴 Here are the most notable developments: • Many statements by Federal Reserve members were issued during the week, giving the dollar support in the market in general, or at least preventing it from falling further. • Including the statements of Federal Reserve member Loretta Mester, who said that a one-time drop in inflation will not encourage us to reduce interest rates early, but rather they need to wait longer. • Markets move in a dull, horizontal movement in light of weak liquidity and the absence of any important economic data. • Gold is declining, but hovering above $2,400 per ounce. • Today, investors are awaiting the release of the existing home sales statement and the Federal Reserve minutesby TraderFa9ir2
DXY DailyTVC:DXY The Dollar Index is at the lowest level of the uptrend. Let's see how you react on this important point .... If the upward trend continues at this level, it will continue and we have good upside potential, if we cannot hold this position and it falls and the upward trend is no longer valid and then we look for sell opportunites Longby rmatiasfx8
DXY SETUPExpecting the market to move as noted. Using SMC and price action makes it easy to understand the marketby Letsgototokyo111
DXY OUTLOOKLongterm Outlook on DXY. Expecting a weak dollar towards the end of the year. This is the technical view. On the fundamental sides, the data releases from the United States has continued to weaker on every release. Also, there is expected rate cut on the interest rate. Shortby L2Earned5
Dxy Fuel is Remaining Hi friends, mates and Trading community so here i want to share my analysis on Dollar index on weekly time frame according to the my observations based on price action and trend analysis. So as we can see on provided weekly time frame that chart is improving and came out from downtrend by breaking last swing top area and closed above which is the highest weekly closing in last 23 weeks and gives a symmetrical triangle breakout too so this is quite possible that we are in the beginning phase of trend reversal so now from here as long as the price sustains above the previous top, there will be a possibility of it going up further and for this idea, I am able to see some previous resistances as targets for this idea friends. Adding a breakout retest zone too by chart snapshot-: Rest i will update accordingly whenever is needed. This idea is meant for only educational purpose this not any kind of trading or investment advice. Best Regards- Amit Namaste 🙏 “There is a time to go long, a time to go short and a time to go fishing.” - Jesse LivermoreLongby AMIT-RAJANUpdated 5540
DXY Bullish Aur Bearish I’m looking DXY will wall on poc, keep watching Impact on international trade: A weaker dollar can affect international trade relationships and balance of payments.Shortby Kashif_chaudhary4
DOLLAR possible long Setup1. DXY broken the trendline. waiting to break the 200EMA cross 2. Once we got the confirmation after the EMA break we can take long while short the USD pairs (EURUSD and GBPUSD). 3.I'll update once we got the confirmation, stay tuned 4.Please support and follow more for updates. Thank you Longby Sha_The_Icon2
DXY in daily chart Hello I expect a time consuming patter like Ending Diagonal for wave C last week, but what has happened is like an Expanded Flat that is respecting to the channel boundaries. It does not matter what it is, because we will have 2 approach. If it rise we can use this channel as a dynamic resistance for our SL level, but if it wants to fall we must focus on invalidation level. To be honest, the most difficult chart has always been DXY for me because its patterns are weird and un-expectable. Thanks Longby AMA_FX3
DXY bearish Elliot wave structure 1.DXY just like my previous idea came to the lower end of the expansion move now headed into a retracement to create the 5th and final bearish leg Meaning looking at xxxusd pairs to be bullish to end the week into next and usdxxx pairs be bearish 2 If it doesn’t break below the 3 leg then it has a probability of reversing / accumulating to the upside causing Xxxusd pairs to continue lower and usdxxx pairs to continue higher PAYtience pays Shortby Onlypips4x1
Dollar Index is hit the support of 104.557 and its heading upDollar Index is hit the support of 104.557 and its heading up ,soo take advantage of the strength of the dollar index to position yourself for a buy on this pair with proper risk management alot can be made .Longby ebenezerrobot3
Dollar Index (DXY) After FOMC MeetingTechnical Analysis: The U.S. Dollar Index (DXY) is presenting a nuanced technical scenario, having established a trading channel over recent weeks. Currently, the DXY finds itself probing the 104.30 resistance level after rallying from deeper support levels. The price action within this channel is crucial as it challenges the 105.00 area, which has consistently acted as a support previously in the past. Market Context: The backdrop includes a recent hawkish tilt in the Fed's meeting minutes which has provided some support to the dollar. However, sticky inflation remains a headwind, tempering aggressive bullish sentiments. This dichotomy creates a delicate balance for the DXY as it navigates between macroeconomic influences and market sentiment. Our Position: We are closely monitoring the DXY’s interaction with the established resistance and support zones within its trading channel. The index's ability to sustain above the 105.00 level could signal a continuation of the upward trajectory, potentially challenging higher resistance levels. Conversely, a failure to maintain this momentum may see the DXY retracing towards the lower boundary of the channel near the 104.00 mark. Key Levels to Watch: - Resistance: 104.9/105.00 - critical levels that could dictate short-term movements. - Support: 104.20/104.00 - a break below this could lead to further declines towards more substantive support zones. Upcoming Economic Indicators: With unemployment claims, home sales data, and consumer sentiment figures due in the U.S., traders should brace for potential volatility. These data could provide further clarity on the economic landscape and influence the Fed's policy decisions moving forward. Conclusion: Investors should remain vigilant, considering both the technical setup and forthcoming economic data. The interplay between a hawkish Federal Reserve and persistent inflation offers a complex trading environment for the DXY. Adjusting strategies in response to the breaking of key technical levels or new economic insights will be essential for navigating the coming sessions effectively.Shortby TradingFXio1
Levels discussed on 23rd May livestream23rd May DXY: Needs to break 105 resistance, to trade up to 105.50 NZDUSD: Sell 0.6065 SL 30 TP 70 AUDUSD: Sell 0.6610 SL 20 TP 50 USDJPY: Buy 157 SL 30 TP 95 GBPUSD: Likely to stay just above 1.27, Sell 1.2690 SL 25 TP 85 EURUSD: Sell 1.0790 SL 20 TP 60 USDCHF: Buy 0.9165 SL 25 TP 60 USDCAD: Buy 1.3710 SL 25 TP 50 Gold: Below 2350 could trade down to 2330 by JinDao_Tai3
USD INDEX.... BEARISH BIAS.Bias is Bearish. After breaking the low, price pulled back to internal LQ at the -FVG. Reaching the CE, price was rejected and closed Fri within the range of the previous candle. The expectation is for price to continue lower, seeking external LQ at the Thurs low and potentially the swing low. Thank you for viewing! Leave any questions or comments in the comment section. I appreciate any feedback from my viewers! Like and/or subscribe if you want more accurate analysis. Thank you so much! May profits be upon you.Shortby RT_MoneyUpdated 335
DXYDXY is in strong bullish trend. As the market is consistently printing new HHs and HLs. currently the market is retracing a bit after last HH, which is 50% Fib retracement level and local support as well. if the market successfully sustain this buying confluence the next leg up could go for new HH. What you guys think of this idea?by JustTradeSignals2
DXY4-hour time frame dollar index analysis I expect correction of gold and currency pairs against the dollar.Longby m0neyminer1
Dollar Index Triangle Formation 22.05.2024Triangle formation is now apparent for the dollar index (H1 Timeframe). A breakout to the upside might trigger an upward movement towards the 105. A breakout to the downside might trigger an downward movement towards the 104.4 or even at 104.10. Fundamentals: Possible high interest rate differential in the future that could cause the dollar to gain strength now. _________________________________________________________________________________ Risk Warning: Trading in CFDs is highly speculative and carries a high level of risk. It is possible to lose all of your invested capital. These products may not be suitable for everyone, and you should ensure that you fully understand the risks taking into consideration your investment objectives, level of experience, personal circumstances as well as personal resources. Speculate only with funds that you can afford to lose. Seek independent advice if necessary. Please refer to our Risk Disclosure. BDSwiss is a trading name of BDS Markets and BDS Ltd. BDS Markets is a company incorporated under the laws of the Republic of Mauritius and is authorized and regulated by the Financial Services Commission of Mauritius ( FSC ) under license number C116016172, address: 6th Floor, Tower 1, Nexteracom Building 72201 Ebene. BDS Ltd is authorized and regulated by the Financial Services Authority Seychelles (FSA) under license number SD047, address: Suite 3, Global Village, Jivan’s Complex, Mont Fleuri, Mahe, Seychelles. Payment transactions are managed by BDS Markets (Registration number: 143350)Longby BDSwiss_Academy2
DXY on daily timeframe Hi traders, it's my opinion on DXY in high timeframe . As you can see price pullback to Orderblock daily and shows signals that have potential to reach (DOL) zone . So until price is above 104.000 in daily time frame this signal would be confirmed. If price can break 104.000 zone strongly on high time frame and close below this zone this signal would be fail.Longby somayehbasiri1113
Dxy analysis for the week Dxy already hit tp1 and is now consolidating in a zone where it’s either creating a higher low (#2) of a bearish Elliot wave structure or expanding higher to break the range for its target of liquidity resting above the x and d legs of the harmonic Keeping eyes on it Correlation to keep In mind is: If Dxy bullish then Xxxusd pairs bearish USDxxx pairs bullish And vice versa by Onlypips4x228
Dollar Index(DXY) biasLooking at the higher time frame for the DXY. We can see order flow bullish in the mean time. After tapping in to the weekly OB(demand) we have been rallying higher ever since. The past two weeks we have been noticing a retracement on the DXY. Now the question is why? If you look to the left we see the in OCT 2023 the DXY had a massive sell-off after tapping to unmitigated supply from 2001. That sell off left a break away gap. This gap served as resistance when revisited the last couple of weeks. This has led to a retracement to a daily OB(demand). If order flow remains bullish we should see price rally to the upside to take out buyside liquidity. Meaning we can see a sell-off on X/USD pairs. But until we can confirm price intention on the lower timeframe we sit and wait patiently.Longby ThePatientTrader_3
DXY Minute: Even clowns get wearyAnd I assume that is true, because otherwise, DXY would be trading much lower. Whomever(s) are responsible for one of the nastiest price corrections I have seen are undoubtedly ready to throw in the towel, after wiping the paint off their faces, because deep down they know, they will have to deliver the dollars. Unfortunately, unless they are in that process as I write this, I foresee such delivery may be at a relatively high premium compared to price at which they sold them. This correction has almost every corrective pattern ever outlined by the foremost Elliot Wave practitioners that I have read. There are triangles, irregular b waves, and ultimately, combo after combo or JUNK. The price action here tests the limits of what can happen without obviating the practice of tracking price waves. For the first time in the 2 years I have been trading using EW technicals, I have been ready at times to say that price has been hijacked, or that Elliot was wrong. Nonetheless, in the end, sometimes by a pip or two, price has barely adhered to the panacea of rarities in the world of Elliot Wave Theory, which is why I say "ugliest" and why I call the traders of the JUNK "clowns." Either they lost a ton, or they attempted to orchestrate destruction of the markets fabric, both things that only clowns would do. However, in the end, I maintain my faith in humanity and nature, and believe that what could follow will be just deserts, even for clowns. A swift move to the 109 area seems appropriate because this correction is maxed, and I imagine, even the clowns are weary. We do not control price, alone...the market does. And what the market wants, it gets. Price needs one more Intermediate wave to new highs, ideally into the extension area, which will likely breach the larger 1.0, due to price destruction that has taken place. This is a cycle b wave, by my count, and as soon as it completes, all the haters can have the dollar crash they so desire. I will observe, as usual. Best, CuzLongby CuzDeluxUpdated 8
DXY Roadmap February 2023This seems rather logical and most likely the final run higher before what looks like multi year reversalby NeonUpdated 3330