DXY on a pause before resuming the bearish wave From our previous analysis, DXY completed the harmonic pattern. The reaction was almost perfect considering that after the pattern was completed, the DXY moved down and reached our target. Currently, DXY is taking a pause but should resume the new downtrend soon as shown on the chart. You may find more details...
DXY: The Harmonic Pattern is pushing the price even lower After DXY completed this beautiful harmonic pattern we can see that the USD is barely recovering. Overall we have seen the USD correcting for more weakness rather than getting stronger. Let's see what happens today during the US CPI data... 📺You may watch the video for further details📺 Thank you and...
15th May - CPI news release DXY: Likely to consolidate at support area 105 Higher CPI >3.7, DXY trade higher, to 105.50 (confirmation at 105.20) Lower CPI <3.2, DXY trade down to 104.55 NZDUSD: Sell 0.6070 SL 20 TP 40 (DXY strength) AUDUSD: Buy 0.6666 SL 20 TP 60 (DXY strength) USDJPY: Look for reaction at 155.50 Buy 155.85 SL 30 TP 110 Sell 155.30 SL 40...
4H is swing bullish => current is pullback dow The current price touches the demand zone block We will buy when the 15-minute frame shows a reversal of the CHOCH signal
DXY Completed my last analysis predictions by completing 105.700 now price just grab liquidity at 105.048 and price have been stable after the uptrend corrections now am expecting a breakouts and a liquidity run above 105.600 creating a new highs Tell us your opinion..........?
Previously, The Dollar Index Formed a Bearish Double TOP Pttaern. At The Moment, The Price Has Pulled Back to The Neckline and Failed To Break it ! So, I Expect a Bearish Move 📉 ----------- TARGET: 105.08🎯
Dxy(dollar strength) after a pullback in respect to the manipulated unemployment claims ... the moment tum starts to build ... from the price 104.700's ,swift movement to 105.900's is now being expected in the NYS . Follow for more insights , comment , boost and follow
Dollar Index TVC:DXY on the cusp of making a major move TA speaking ; (100.8 or 110) - To the upside starting currently by jumping at 200EMA and breaking recent highs within pattern while facing strong resistance just above on Range Ceiling(105) and last Highs of 107(ChoCh). - Either falling off a cliff headed in to re-visiting Range Bottom of 100.82...
Esteemed analysts and traders, I hope this correspondence finds you in good health and high spirits, prepared to tackle the upcoming week with renewed energy. I extend my best wishes for your continued success in all your business endeavors. It is worth noting that success in trading is largely dependent on the consistent definition and adherence to one's own...
we believe The DXY TVC:DXY will rise after inflation data. in the technical term we can see a 5-wave impulse pattern and an ABC correction after that we may see another 5-wave upward momentum. Our technical view has been shown in the chart. If you like it then Support us by Like, Following, and Sharing. Thanks For Reading Team Fortuna -RC (Disclaimer:...
USD trying to gain a foothold after yesterdays lows due to a Higher than Expected Unemployment Claims report. The DXY dipped high in the morning from around 105.740, dropping to a low of around 105.200 and then went up slightly into a consolidating in a range from 105.332 high to 105.204 low. That being said USDCAD took a hard drop yesterday. These moves were...
Here's what I see for DXY, along with potential mid-term target. I think we are in the middle of a three drive up pattern. We should have retraced down to 104 to hit the 61.8 fib, as we did in the first drive. However we only made it to the 50% of second drive before bouncing back up, likely because of renewed yen weakness after intervention. Yet the 1.618...
this is the idea for dxy to new ath. see previous idea that was correct will post updates on targets based on daily, weekly or monthly charts. So I don't try to post a perfect idea bottom like this again and stop on a local gain loss
DXY is Bullish on HTF. Following our weekly market review where we had anticipated that the market might use MTF/LTF POI to fuel the buying pressure on DXY. We have seen selling pressure on Tuesday which ended up invalidating our analysis or expectation. With that being said nothing has changed on a HTF structure, we are still within the swing bullish leg on...
I still focus for bullish momentum for USD . Dollar still strong. Trade with own risk.
u.s.dollar index can be some corrective then it may continue it's bearish trend...
14th May DXY: Consolidating could retest 105.50 NZDUSD: Buy 0.6045 SL 15 TP 35 AUDUSD: Waiting, looking for a reaction at 0.6660 USDJPY: Buy 156.60 SL 20 TP 40 GBPUSD: Sell 1.2530 SL 20 TP 60 (hesitation at 1.25) EURUSD: Sell 1.0785 SL 20 TP 60 (hesitation at 1.0765) USDCHF: Ranging between 0.9055 and 0.9095 USDCAD: Wait to see reaction at 1.37 Gold:...
According to the behavior of the price in the specified support range, the possible scenarios are specified. It is expected that the index will change its trend in the support range and start an upward trend