DXY Roadmap February 2023This seems rather logical and most likely the final run higher before what looks like multi year reversalby NeonUpdated 3330
DXY Will Go Up! Long! Here is our detailed technical review for DXY. Time Frame: 5h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is on a crucial zone of demand 104.420. The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 104.977 level. P.S We determine oversold/overbought condition with RSI indicator. When it drops below 30 - the market is considered to be oversold. When it bounces above 70 - the market is considered to be overbought. Like and subscribe and comment my ideas if you enjoy them!Longby SignalProviderUpdated 117
DXY - analysis -I will choose according to the analysis to buy -I will divide the risk in half to execute 2 entries (maximum risk 0.5% per trade)by KronFXUpdated 2237
bearish dxy may send eur to the moon if price respects that fib am expecting price to tag 0.62 fib level then i can start looking for sells on dollar pairs and buys on quoted ones Shortby reaganbwire005
DXY upside opportunities..hey guys here's what i am looking at on DXY, as we all know the dollar as remained bullish and the trend hasnt changed.I have been by the dollar since 105.615 and i am currently looking to at a more decent opportunity at the daily support to buy more of the dollar long term. if this helps dont forget to like and leave your thoughts.Longby ib_danUpdated 2
DXY up and then down for the yearI see the DXY climbing higher to the 106 area where i see it topping on May 31st. After the long memorial day weekend, I see the dollar fall and equities / commodities climb higher until October. I still think the US election will be a sell the news event no matter the outcome. Many will want to get out and timing the top will be hard. We should start seeing people get out in October though making October live up to its historical negative month. #DXY #Equities #Commodities #GOLD #BTCby SwingTraderEd1
nice three drives pattern if we can completethree drives setup in the dx , just need to get a fire under her. coincides with the .618 as wellLongby mrenigma1
Dollar might remain bullish all yearBelow is DXY WEEKLY chart which is in clear bullish trend due to bullish orderflow and multiple supplies taken as liquidity. The year started very well for the dollar. And it looks like It might stay that way. But Why? 1. Well, if price mitigates this weekly Demand zone with imbalance and inducement, it will mean price has enough liquidity to target the old highs to form new ones. 2. Dollar is bullish on MONTHLY TIMEFRAME with an UNMITIGATED SUPPLY ZONE above WEEKLY SEING HIGH 3. price is currently exhausted as dollar failed to mitigate both supply and FVG on DAILY TIMEFRAME. 4. This price action will generate a lot of stops and false price action making traders assume the DOLLAR trend is now bearish, before buying all the sold dollar assets and respect the trend. 📈 EURUSD Is BEARISH ON WEEKLY AND DAILY TIMEFRAME. 🤝AUSSIE (audusd) has an UNMITIGATED SUPPLY ZONE+FVG. These are just charts that move against dollar price, which tend to correlate eith our analysis. ✔️At the end of the day we don't make the markets. We just predict from what we have learnt to try and create better opportunities for ourselves tomorrow Longby ZIPHO672
Expectations for the US Dollar Market from May to August 2024Expectations for the US Dollar Market from May to August 2024 May to Early July 2024: The US dollar is anticipated to remain strong, with the market reaching a high of 108.459 by July 1, 2024. First Three Days of July 2024: After peaking, the dollar is expected to decline, potentially dropping to 105.785 by July 25, 2024. Stay updated with our forecasts to navigate the US dollar market effectively. Keywords: US dollar forecast, USD market trends, dollar strength 2024, USD predictions, currency market analysis, USD outlook May to August 2024, forex trading, financial forecasts, USD high and low, July 2024 USD predictions. Feel free to share your thoughts and join the conversation on the US dollar market outlook. Longby xcherroudxUpdated 4
DXY IndexPair : DXY Index Description : Completed " 12345 " Impulsive Waves and " ABC " Corrective Waves Break of Structure RSI - Divergence Demand Zone Bullish Channel as an Corrective Pattern in Short Time Frameby ForexDetective5
DXY NEW WAVE EXPECTEDHello 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 NEW WAVE EXPECTED. 📚 👉As we can see price is still overall bullish trading inside this channel, Making clean higher highs and higher lows. 👉Moreover, price approached a massive zone, our rising trendline, lining up with a strong demand zone, where we can expect a new bullish movement targeting our previous major high and resistance zone. 📚 Meanwhile, and as the price started a correction movement, Then, and as per my trading plan, I will be zooming into lower time frame, to get my confirmation. 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_karaali16
Expecting Some Strength In The US DollarBased on the chart, here are the reasons why I would consider buying the dollar index: Uptrend Resumption: The dollar index has been in a steady uptrend since the beginning of the year, and after a brief correction, it appears to be resuming its upward trend. Buying into this momentum could be a profitable strategy. Support Held: The index has bounced off a significant support level, indicating that buyers are stepping in to defend this level. This could be a sign of strength and a potential buying opportunity. Bullish Reversal Pattern: The recent price action resembles a bullish reversal pattern, such as a candlestick rejection, which could be a sign of a trend reversal to the upside. Fundamentals Align: The dollar is often seen as a safe-haven currency, and with global economic uncertainty on the rise, investors may be seeking refuge in the US dollar, driving its value higher. Major Level Holds: The index has held above a major psychological level (104), which could be a sign of strength and a potential launching point for a further rally. These are just some of the reasons why I would consider buying the dollar index. However, it's essential to conduct thorough analysis, consider multiple perspectives, and manage risk before making any trading decisions.Longby LeoDante_FX6
Expecting a rallyDXY D1 chart Looking for a rally in price as price is trading at the Swing @103.901 taking into account the amount of selling pressure coming into the market at this price area as LTF traders are looking to take sell trades expecting price to breakout of this swing and continue dropping to lower price levels. We are long and targeting the recently formed swing high @106.662 and for price to form a new swing high. by cpointfx2
DXY Minute: Mid-Term outlookI have done a lot of DXY posts, and if you read many of them, you have read my historic observations that Risk (Indices, Equities, etc) typically tops on a DXY wave 2. Not typically the Primary, but often the Minor, or even Minute waves 2...since a deep wave 2 can be confusing as heck to anyone who believes sniffing the dollar out is essential to successful risk trade. I agree that it is, which is why understanding where I am in the count is so important to me. I am looking for some type of deep, perhaps quick, Minor wave 2, that can give equities OMH, in blow-off fashion. The highs we have experienced so far are far too tame for my taste, and I can stay hedged until the cows come home, unless we get something good. The rumors of Dollar's death have been circulating for the better part of a decade, but still, the king has yet to be dethroned. And, I doubt that in the face of tightening regulation and increasing suspicion of the viability of bit corns as a replacement """currency""" that is going to happen, at the moment. However, I do think that a sell-off, quick and deep, from here, would catch a lot of participants going, "BTC is going to yet another high and ding dong the dollar is dead." Such eagerness to abandon the dollar is what equity traders feed on, especially those who prefer to SELL. Looking for a nice quick pull-back, followed by an explosion to the upside that could sustain for many months, paired with OMH in equities, followed by months of downward, corrective pressure. Best, CuzLongby CuzDeluxUpdated 8816
Levels discussed on livestream 21st May21st May DXY: Needs to break 104.40 could trade down to 104 round number support NZDUSD: Buy 0.6145 SL 20 TP 70 (RBNZ rate decision tomorrow) AUDUSD: Buy 0.6675 SL 25 TP 50 USDJPY: Sell 155.75 SL 30 TP 100 (Hesitation at 155.30) GBPUSD: On CPI release, Sell 1.2695 SL 20 TP 45 EURUSD: Buy 1.09 SL 35 TP 70 USDCHF: Sell 0.9080 SL 20 TP 40 USDCAD: Test and reject support, Buy 1.3625 SL20 TP 60 Gold: Needs to stay above 2410 to retest 2450 by JinDao_Tai11
DXY long setup into June highs.Now, watch for dxy buy programs and enter on a buy setup. Of course, short EURUSD and GBPUSDLongby YugoQuinTaNa1
DXY - LONGDXY - LONG look for the buy setups on DXY, very high chance to push up.. risk small and always use SL. V.RaguLongby Ragunath-London2
am expecting a stronger dollar this weekthe price respecting the premium arrays and am expecting a strong dollar targeting last weeks highLongby EbenezerKorir3
And up we goEverything aligns perfectly with fib, next stop ahead 108,5 (fib extension 162), next one 110,5 (fib extension 262) Good luck!Longby devigriffel2
check the trend It is expected that the index will fluctuate in the current support range and then according to the behavior of the index in the range of the support trend line, possible scenarios have been determinedby STPFOREX1
DXY 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. Shortby AronnoFx5