DXY | 1W IdeaPossible bullish pullback price movement on DXY towards the resistance 107 within the next period.Longby GOLDFXCC2
This week’s 4 major trading eventsIn the United States, traders are awaiting insights from Federal Reserve policymakers, particularly Chief Jerome Powell, scheduled to speak on Friday. Fed members Bostic and Cook will also appear on Monday. Economic data in Europe will be limited this week due to the Easter break, with major bourses closed for Good Friday and Easter Monday. Perhaps the only event of note is ECB President Christine Lagarde speaking on Monday. In Japan, attention will be focused on minutes from the BoJ's recent meeting and the Summary of Opinions for insights into potential follow-up actions following the historic interest rate hike seen last week. In Australia, February’s inflation rate expectations for March, as well as consumer confidence, are expected to fall. Import the BlackBull Markets Economic Calendar to iCloud, Google, or Outlook to get alerts direct to your inbox, enabling you to plan your positions in advance and seize trading opportunities (see below for link) by BlackBull_Markets3
DXY chart Update Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watch list and see if the rules of your strategy are satisfied. Dear Traders, If you like this idea, do not forget to support it with a like and follow. PLZ! LIKE COMMAND AND SUBSCRIBELongby AronnoFx1
TECHNICAL analysis of DXY dollar indexthis i the techinical analysis on the trades to be coded with usdShortby DJ_KING_BBT0
FRIGHTENING DEVELOPMENT ON MARKETIn the 4-hour logarithmic chart, the Dollar index has completed a 'head and shoulders' (Tobo) formation and a horizontal resistance breakout. It is currently retesting. If it closes the week like this, there could be a deepening correction in BTC and Altcoins next week. We will follow up. This is not investment advice.by Atilla_Tunc0
DXY UPDATE Hey team, Hope you are Enjoying our ideas and Analysis, Today we are monitoring DXY For a Buying Opportunity DXY: Last week, Dxy had a surge after the FOMC meeting and reached its highest level of the week around 104.2. Regarding technical analysis, we can see that Dxy has broken through the Downtrend line and the key level 103.5 - 103.7. With this development as well as the strong increase in the last 2 days of the week, I will appreciate the upward trend for Dxy for the new trading week. The target area for Dxy will be the next key level area 104.5 - 104.7. You can wait for Dxy to backtest the trendline and key level around 103.7 and create a reversal signal to continue buying positions.Longby XAUUSD-GOLD-PIPS1
💡 DXY: Forecast Next week💲DXY: Last week, DXY had a surge after the FOMC meeting and reached its highest level of the week around 104.2. Regarding technical analysis, we can see that DXY has broken through the Downtrend line and the key level 103.5 - 103.7. With this development as well as the strong increase in the last 2 days of the week, I will appreciate the upward trend for DXY for the new trading week. The target area for DXY will be the next key level area 104.5 - 104.7. You can wait for DXY to back test the trendline and key level around 103.7 and create a reversal signal to continue buying positions.Longby Stone_Haven1
DXY | Breaking the downtrend or continuing the downtrendThe Dollar Index is currently in a strong long-term downtrend! It is testing the resistance of the downtrend line, and if it fails to break it, we can expect a downtrend movement towards 102. And if this downtrend line is broken, it's time to make up for past declines! This means a very strong uptrend movement. You can read the fundamental analysis of the idea below. 🙂 by uPaSKaLUpdated 1136
Can the Bulls break the Daily Swing High or will Supply Hold...?TVC:DXY It's all about placement and the timing... This past week, the US DOLLAR was extremely BULLISH creating a FLIP ZONE on the Daily TF causing the Failure of Supply on the 4Hr TF, leading to a Swing Break of Structure... Now with this week approaching, and the confirmed 4Hr Swing Break of Structure to the upside, will the bulls stay strong and Break the Daily Last Swing HIGH Heading into pricing around ($105.000)? Or will the Daily Supply Zone above Hold and Sellers will push the Dollar down this week...? Let's stay focused and remember to adapt to the printed data as the markets gives to us...Nothing is set in stone, we are playing the long-term game of probability! Now lets sit back N stalk like the saltwater CROC! #BHM500K #NewERA by TreyHighPwr2
possibility of uptrend It is expected that the index will cross the resistance range and stabilize, then it will be possible to continue the upward trend up to the specified Fibonacci levels. If the green support range is broken, the above scenario will be invalidLongby STPFOREX1
DXY moving higher?Monthly view shows a strong swing upward, targets are $107.5 and $115. Strong dollar means U.S. consumers benefit from cheaper imports and less expensive travel. Lets see where Oil and the stock markets goes.Longby dwa49493
Usd could be seeing more upsideHello fellow traders , my regular and new friends! Welcome and thanks for dropping by my post. USD did broke up its downtrend line on higher timeframe and now still continue doing so. likely more upside to come. could be heading for 105 and 106. Do check out my stream video for the week to have more explanation in place. Do Like and Boost if you have learnt something and enjoyed the content, thank you! -- Get the right tools and an experienced Guide, you WILL navigate your way out of this "Dangerous Jungle"! -- ********************************************************************* Disclaimers: The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes. ********************************************************************* Longby Shadowing_The_Big_Boys0
DXY BULLS KICKED IN!Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX If you like the idea, do not forget to support with a like and follow. DXY QUICK UPDATE 📚 👉 As we can see price rejected our lower zone, as we mentioned in our previous analysis attached on the chart, adding on price broke above our previous major highs and lows, to be acting as a minor support zone for now. 👉Moreover, price is trading now inside this rising broadening wedge pattern, and as the price will be approaching our upper resistance zone, lining up with our upper bound of this wedge, we will be looking for new shorts. Unless price managed, to trade lower till our rising trendline, lining up with our zone, where we will be looking for new longs as a trend-following one. 📚 If you like this kind of analysis don't forget to like and follow and as usual follow your trading plan and manage your risk. Be patient and good luck!Longby Hadi_karaali3
DXY DXY in a high value area , will be looking for that 1H impulse followed by a correction of at least 6 hours of correction ,6 hours of correction meaning on dollar pairs i wont be looking for any trades todayLongby DeemshoksUpdated 21
#Dxy pullsback to supply dxy purge its movement of pulling back to the supply drop .... simple and raw as that .... follow for more insights and comments are lot allowed Shortby Ak_capitalistUpdated 24
Is USD a potential tell tale?A stronger US Dollar TVC:DXY is not typically associated with a strong bull move. However, AMEX:SPY has been consistently rising thus far in 2024 while TVC:DXY has remained in a channel. Recent upward movement in TVC:DXY may be worth watching as a sign that bullish behavior could be approaching a reversal point. by jay_S_0
DXY - BULLISH SCENARIO 📈Hello Traders ! On The Daily Time Frame, The US Dollar Index Reached a Support Level. Currently, The Resistance Line is Broken! So, I Expect a Bullish Scenario: If The Price Breaks and Closes Above The Resistance Level ! We Will See a Bullish Move... TARGET: 104.810🎯Longby Hsan_BenhmedUpdated 5513
Dollar Index (DXY): Bullish Imbalance & Bullish Outlook 💵 Dollar Index broke and closed above a key daily horizontal resistance, forming a strong bullish imbalance. The broken structure turned into a demand zone. I anticipate more growth. Next resistance - 104.85 ❤️Please, support my work with like, thank you!❤️ Longby VasilyTrader115
DXY - bearish dollar after retest, divergence also hereAfter break of uptrend channel DXY moving to upside. For me it is retest. Also on H4 we see bearish divergency - this is also good sign of reversing price. After dropping to first local support it can go to retest upper local support , if price will decline it me expecting big drop to daily support. Shortby traderstube5
DXYDXY IS ON A ROLL , my friends and more to push but before that we need watch for another small pull back before the next rally zones to look at 104.646/868Longby Forexkinfx1
DXY : A bull run?Before anything , I have spent 8 years navigating the financial markets, with Level 3 CFA and a Master's in Finance under my belt, I've seen my fair share of trends. The value of the US Dollar Index is influenced by several factors, including decisions by the Federal Reserve (Fed), US government actions, and the overall health of the US economy. The Fed's monetary policy, statements by the US administration, and US economic data all play a role in how strong the US dollar is compared to other currencies. and you can check this link and take a look on the technical bias: www.investing.com As we can see a Resistance level at 104.42-104.45 and a Support level powered by a fair value gap on daily time frame at 103.2-103.8.Longby theegxtrader5
DXY Price analysis 16-Mar-2024Daily: The price hasn't been able to closed above the D-FVG-CE, there has been W-FVG- has been created, So we could anticipate that in the upcoming week we could test the W-FVG- then go towards to the downward direction. Daily Bias: Bearish. Shortby Trader_PKRUpdated 24
DXY price Analysis-19 Mar 2024Daily: The price has not respect the W-FVG & D-FVG, if we have daily closing above the W-FVG-103.606, then we can anticipate the price will go towards the D-BSL 104.292. Daily Bias: BulishLongby Trader_PKRUpdated 26