uptrend It is expected that the resistance range will be broken and then a consolidation will be formed above the resistance range. Then the continuation of the upward trend will take place and it can progress up to the previous ceiling rangeLongby STPFOREX1
DXY, D1Looking forward on dollar move stronger, last week dollar jumps after NFPs excess expectation level, and leading gold hits one month low. This week would waiting for dollar continue raise. Longby chinghola0
DXY 10/6/24 Will DXY going to uptrend ? BOOMDXY 10/6/24 Will DXY going to uptrend ? BOOM 106.6 is a critial point for gold to decide the direction. Longby GoldInsightsHub1
DXY: an indicator to forecast Bitcoin’s directionJust like USDT Dominance, US Dollar Index (DXY) has a somewhat inverse correlation with Bitcoin's direction. If we look at the DXY historically, whenever the DXY was in a downtrend or sideways movement, Bitcoin was in an uptrend. Also, whenever the DXY was in an uptrend, Bitcoin was in a downtrend. Simply put, if the DXY goes up, that means the U.S. dollar is gaining strength or value when compared to other assets and currencies. So, people/traders tend to hold the U.S. dollar instead of, say, Bitcoin. And when DXY goes down, that means the U.S. dollar is depreciating in value, so people/traders tend to hold other assets like Bitcoin or Gold.by SaeedSalehiniaUpdated 3
SUPPORT AND RESISTANCE / SMC In this analysis we are focusing on 4H time frame for DXY. Currently price is moving near the support area. Now we look how market price will react in this support area. I'm looking a potential buy today, on the top of the chart we have unmitigated bearish OB. let's delve deeper into these levels and potential out comes. This is just my prediction before any confirmation we can not execute our trade.Longby TradeTacticsrealUpdated 4
DXY Trading Journal Analysis DXY Trading Journal Analysis Great delivery last week. I suspect that Price will seek the noted buys stops and the 4 IFVG rally to rebalance at range 105.458. I anticipate for Price to seek lower prices by rebalancing the daily BISI for the low of the week at 104.946. There is a gap on lower TF that Price will seek to come back to at range 105.036 to 104.935. Read tape to what she gives me. by LParnell0
DXY Trading Journal Analysis DXY Trading Journal Analysis Very pleased that I anticipated for Price to gravitated to the 50% on the weekly and wicked bounced off to seek the lower PD Ray liquidity. Monday Price did seek to rebalance the 4 IFVG and wicked through it. Tuesday Price took Equal lows at just below my noted 104.080 number. to 103.993. So happy. Thursday Price did rebalance the lower noted 4IFVG and hesitated to rally above the higher noted 4 IFVG, and yet took my buy stops target. Friday Price rallied higher stopping short of the higher buys stop target. Nice delivery to end the week. So pleased. by LParnell0
6/9 | $DXYTaking a look at the Daily chart, we have broken out of the bull flag pattern to the upside today. I would like to see continuation into Monday's trading session for this to be a true breakout. Noticing the upside risk, this will translate to me being cautious where indices ( NYSE:ES , SEED_ALEXDRAYM_SHORTINTEREST2:NQ ) could move lower. Important to note that this is not guaranteed, but just a caution.by StonksSociety0
US DOLLAR INDEX The us dollar index opened with a gap. today the us dollar index which was closed at 104.94 opened at 105.5 with 11 point gap. this gap may be an indication that us dollar is going to resume its upward momentum this week which it has started on last Friday. if this momentum continues it will be a fall for xauusd. more clear cut analysis will be posted soon . but please post your comments which will be helpful to understand what the crowd thinks and thus understand market sentiments. LIKE BOOST FOLLOW USLongby realmillionairefx4
Market Forecasting for the Dollar IndexThis is not a financial advice nor a trade advice. Rather , it is personnal opinion about the US Dollar Index. We expect bullish price action for the upcoming week on the dollar index.by yvanolinga0
DXY - Are we going up? Probabilities that DXY is going is high. Technicals DXY → We came into support and are heading up. → We do have a zone here which can act as resistance, but I expect that we will breach it. → We broke out of trendline and retested it and gone up. → We respected the up sloping channel. Your trading friend, Simba TradesLongby Simba_TradingUpdated 7
Narrative Analysis and Market Insights | EU & EJ - 09 June, 2024Join me as I dive into my daily analysis routine, conducted every evening before the market opens. I'll show you how I decide whether to trade or stay out of the market the following day. My strategy revolves around trading just two currency pairs, and I'm excited to share my insights with you. Stay tuned for regular updates and trading tips.06:00by superlegit0
DXY 1hr chart analysis for upcoming days There are lots of big movement which is happening in dxy in last 2 , 3 days so no dxy is taking a some kind of retracement . So wait for that and after that from Marking level ( Strong support level ) we will see to buy . So take a time for some corrections without any corrections please do not trade 🙏by optionexpertofficial0
DXY STRUCTURE Hello, guys, it's Dr. Trade again your best market structure analyst, here is the structure we will be following for DXY as we wait for the market to open, we will have to sit on our hands and wait for either price to break upwards so we can look for a buy and if it does not we wait for what the market will show us. do well to like share and follow.by Dr_Trade10
DXY STRUCTURE Hello, guys, it's Dr. Trade again your best market structure analyst, here is the structure we will be following for DXY as we wait for the market to open, we will have to sit on our hands and wait for either price to break upwards so we can look for a buy and if it does not we wait for what the market will show us. do well to like share and follow.by Dr_Trade10
USD might head higher ...Hello fellow traders , my regular and new friends! Welcome and thanks for dropping by my post. After a strong NFP data, the usd rallied quite a bit...if monday is to close bullish and above my indicator, likely indication of more upside.And if Next week's rate speech drop further hint to not taper as soon as foresee...then usd likely gonna be bullish . Do check out my recorded video (in trading ideas) 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
Dollar analysis and movementI gave my last analysis on Gold which explains the fundamentals and technicals of where I expect to buy gold in other terms when do I expect gold to drop and pick back up. This dollar chart is completely aligned with that idea as well. To quickly summarize my view on Dollar though, I expect DXY to move higher as I believe we're not getting any cuts this year at least not until 2025 and I also believe other central banks such as the BOE and ECB will start cutting before the FED meaning in this high inflation environment in the USA, the dollar will maintain its strength as investors will continue to move tho that currency. Many other factors are taken into account here such as political and geopolitics but this is the main impact I wish to concentrate on. Something very important to mention as well is the amount of money that was injected in the US economy, it is a never seen before situation that is being manifested in this sticky inflation we've been seing for the last several months. Anywho, those are my thoughts mixed with the technicals above, Let me know what you think. Longby JayeUpdated 0
BULLISH MOVEMENT!!DXY ended the week with a bullish engulfing candle, respecting the support level around 104.000. Predicting price will retest this level before continuing higher. Longby KJfx920
$DXY breakout?#dollar index, #dxy broke out the falling channel with yesterday's dump on assets like #gold #silver #btc thus, money has flown into #usd .DXY did 2 fake outs in a month. If this is a real breakout, all markets, #currencies #altcoins #metals #commodities #crypto etc. may taste a blood bath period. Not financial advice.Longby naphyse0
Are we ready to move up, again?What a complicated correction have we seen in DXY, with the multi-top between Futures and Spot, and the hard to chart patterns that have kept us guessing, finally, we have a complete, seemingly clear pattern that hits acceptable fib targets and with MACD giving reversal readings. Will this Ending Diagonal play out, IDK, but initial structure says it is the most likely common pattern for our current preposition.Longby CuzDelux1
R2F Weekly Analysis - 8th June 2024 (ICT Concepts)Welcome to another R2F Weekly Market Analysis using ICT Concepts along with my own discoveries. I'm going to go through various assets/markets, and give a real-time view of how I perform my analysis on the weekends. I'll give my take on what has been happening, and what I'm expecting in either the coming days, weeks, or months. Without further ado, let's get into it! We had a big displacement to the upside on the DXY, causing many diametrically opposed assets/markets to fall hard, closing the week near their lows. As mentioned, I was waiting to see if we found support at the current monthly iFVG/OB. My only concern for us breaking lower on the DXY is the relative equal lows below, but if we did I believe it would be a fast one and recover back to the upside. My analysis is still fixed on a bullish scenario for the DXY, so i'm waiting for more confirms in the for of less bearish arguments and more bullish arguments to form. - R2F16:52by Road_2_Funded3
Dollar reversal as the contracts ends. Rollover bullishThe dollar is reversing as expected with the end of the June contract. FVG + Breaker blocks are support for my longs Always follow these rules - Accumulation / Manipulation / Distribution - No liquidity raid = No trade - Never buy high and never sell low “Adapt what is useful, reject what is useless, and add what is specifically your own.” Dave FX Hunter ⚔ Longby Dave-FX-Hunter7
Dollar milkshake theoryThe US dollar will maintain the lowest delta between interest rates and inflation out of all the fiats, and therefore fiat will tend to flow to the USD.Longby Shammus010