US Dollar index UP to 106.500$Hello, We've identified a huge current opportunity to buy US Dollar index with a high probability in the Daily chart. Our target is $106.500 within a few days IbrouriLongby Abdessamadibrouri0
DXYWith TVC:DXY looking very bullish after respecting the trend once again, we are most likely seeing the all dollar dependent pairs going the opposite direction. What this means is that, you should look out for USD or USDT pairs gaining momentum against their pairs. with this, I can confirm that $BTC/USD will still come down to around 62k. Note; This is my opinion and not a financial advice. Do your own Analysis.by MegaTradergain0
DXY Trading Journal Analysis DXY Trading Journal Analysis It seems likely for Price to gravitate to the noted Buy Stops Target at range 105.897 for the weeks high. I suspect that Price will seek to rebalance the noted 4 IFVG and potentially take out the clean equal lows for the weeks low. by LParnell0
DXY Trading Journal Analysis DXY Trading Journal Analysis Great week of Price delivery. It seemed likely that Price would seek the noted buys stops at range 105.184 and it did that easily on Monday. Tuesday Price rallied to the mean threshold on the 4 IFVG and just kissed the buy stop target at 105.458. The news impact on Wednesday drove Price to seek lower prices by rebalancing the previous weeks BISI. Thursday and Friday Price retraced Wednesdays range and rallied to fully rebalance the 4IFVG and take out my buy stop target and surpass it. Very pleased this week as my targets were achieved. by LParnell0
DXYWe looking for long term selling opportunities as the market is respecting the support zone and its basically forming a bearish flag patternShortby officialpotego_fx0
Dollar's Rally Wins Over Traders as Fed Decision LoomsThe U.S. dollar capped its strongest weekly run since February, buoyed by a shift in sentiment among traders as they awaited the Federal Reserve's upcoming policy decision. After weeks of anticipation of potential interest rate cuts, the market witnessed a reversal as the greenback regained its allure. This recent surge comes from a five-day winning streak for the Bloomberg Dollar Index, a gauge of the greenback's performance against a basket of major currencies. The index rose by over 1% during this period, marking its most significant weekly advance since early 2024. This bullish sentiment towards the dollar is a reversal from earlier market expectations. Previously, many traders had positioned themselves for a dovish turn from the Fed, anticipating potential interest rate cuts in the latter half of the year. This anticipation has contributed to a weakening of the dollar in recent months. However, recent economic data and comments from Fed officials have cast doubt on the likelihood of imminent rate cuts. Upticks in inflation figures and a robust labor market have fueled speculation that the central bank might maintain its current hawkish stance for longer. "The recent economic data has painted a somewhat different picture than what the market had initially expected," noted Sarah Lopez, a foreign exchange strategist at a leading investment bank. "Stronger inflation readings and a resilient job market suggest the Fed might need to stay the course on its tightening policy for a while longer." This shift in expectations has prompted traders to reassess their positions. Many who had previously bet on a weaker dollar are now scrambling to cover their short positions, leading to a surge in demand for the greenback. "We've seen a significant unwinding of short dollar positions in recent days," commented Michael Jones, a currency trader at a major financial institution. "The market is starting to price in the possibility that the Fed might hold off on rate cuts, and that's giving the dollar a much-needed boost." "The Fed's language will be critical in determining the dollar's next move," said Lopez. "If the statement suggests a continued commitment to fighting inflation, the dollar could extend its gains. However, any dovish hints could trigger a renewed selloff." Beyond the immediate impact of the Fed decision, the dollar's long-term prospects will depend on several factors, including the relative path of interest rates in the U.S. compared to other major economies. "The dollar's strength will likely hinge on the divergence between U.S. monetary policy and that of other central banks," explained Jones. "If the Fed remains hawkish while other central banks stay accommodative, the dollar could continue to appreciate." The recent resurgence of the dollar has implications for various asset classes. A stronger greenback can make U.S. exports more expensive and less competitive, potentially weighing on corporate profits. Conversely, it can make dollar-denominated assets, such as U.S. Treasuries, more attractive to foreign investors. In conclusion, the dollar's recent rally underscores the dynamic nature of currency markets. As economic data and central bank pronouncements evolve, so too do investor expectations. The upcoming Fed decision is poised to be a pivotal moment for the dollar, with its outcome likely to shape the currency's trajectory in the coming months. Longby bryandowningqln0
DXY IDEA Just a view from my point where we can see Dxy sweeping the highs and might be seeing a retracement AND BUY only if we get a sign of bullishness targeting the equal highsLongby ronath330
DXY Weekly Out look 16 June 24Monthly: Price has been taken the PML & April Low liquidity, Now its momentum is up side towards the M-BSL- 106.200. Monthly Bias: Bullish Weekly: Price has closed upside forming a W-VI from the previous week opening, a W-MSS+ has been formed. So the weekly momentum is bullish in weekly level, but as there is a W-VI in the upcoming week the price could a give a shallow reverse to the VI then the actual move will be formed. In the weekly level the upside target is 106.169. Weekly Bias: Bullish Daily: The price has been coming from the Daily OB from bellow, it already formed a body closer in the weekly Imbalance, & the price has been taken the D-BSL up side, so as the daily level BSL has been taken so in the up coming week the price could give us a shallow pull back towers the D-OB-CE then it will move upwards. Daily Bias: bullish Longby Trader_PKR0
Bullish dxyPrice has shown a willingness to go higher so certain areas are expected.Longby Thunder_Fx0
DXY - Weekly Forecast - 17 June 2024My view on Dollar Index is bullish bias. Looking for buy entries at the levels indicated. Long03:40by TraderRiz0
USD looking for some pullbacks to go longHello fellow traders , my regular and new friends! Welcome and thanks for dropping by my post. Pullbacks would be good for going long. Eurusd looks weak. But Gbpusd, audusd and nzdusd arent that on a higher timeframe. They are also at key levels , watching to hold or not... 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. ********************************************************************* by Shadowing_The_Big_Boys0
DXY LONGTERM BAIS.This thesis is solely based on technical approach. The boxed overview explanation will be that i'm anticipating dollar to dump after this current sweep on the 4hour TF , advancing towards the downside im looking forward to price attraction towards the equal lows which in my personal experience holds valuable liquidity. i anticipate the dowside liquidity to be taken as well as the low that created the new high, before advancing upwards. no financial advice, just personal idea hopefully the coin flips in my favour, its a risk worth taken on the dollar quote currency i trade. tell me what you think about next week? Godbless.by ombejonathan0
DXY plans for the coming weeksall i currently see is the daily gap filling up in the next couple weeks before we fix the buyside liquidity from the fvg. one thing i forgot to mention is , if the 4h ob dont hold , ill look forward to the buyside liquidity from the fvg in 4h being filled before we move further up. ill update my charts my mid of this week, thank you!Long07:20by abdulganibareen1
DXY plans for the coming weeksall i currently see is the daily gap filling up in the next couple weeks before we fix the buyside liquidity from the fvg. one thing i forgot to mention is , if the 4h ob dont hold , ill look forward to the buyside liquidity from the fvg in 4h being filled before we move further up. ill update my charts my mid of this week, thank you!Long07:20by abdulganibareen0
Do you know the next move of DXY to be indicated when trading?Dollar index broke and closed above 105.876, to indicate that the bulls are still in charge a possible pullback before the up move can take place. On Friday the price closed on the support (105.495), once the price break below and retest level (105.495) will expose the next move to breakers block on level (105.283) and a break and close below that level the price might go down to retest level (104.900) prier to go up.by bless27701910
DXY - Long Trade Idea (ICT)Hi guys! I feel like the Dollar Index is primed to move higher. It has so far been acting how I have anticipated, respecting institutional order flow. Let's breakdown what has happening, and my thought process around it. In May, price retraced after a consolidation, engineering equal highs. This bodes well for my bullish outlook. Price bottomed it's retracement on the 7th June 2024. If you check the Dollar futures chart took out buyside liquidity and created an SMT divergence on the DXY chart. Because of this, I am more confident in price not coming down to take out the relative equal lows below. Price expanded from there, and retraced into a weekly wick CE coupled with a daily bullish Orderblock, halting in its tracks and expanding higher again. The sudden drop and equally sudden recover adds additional confluence to my bullish outlook, not because of the "strength" but because of the manipulation of sentiment. Now we are re-entering a previously used weekly SIBI for the potential of using it as an iFVG. We did not close the weekly conventionally higher than the actual iFVG, as I would usually like, but the bullishness of the previous week's candle leaves the idea open of us expanding higher in the coming week with little retracement below it's open, therefore creating a BISI that may or may not be used later. As for targets, first is the previous month's high that is coupled with equal highs. The two other targets are a weekly swing high that goes way back, and a New Week Opening Gap which is deeper into the general liquidity void residing above. If you enjoyed this analysis, leave a like or a comment. If you want to learn how to analyze like this, check out my profile for more videos and information. Happy Trading! - R2F Longby Road_2_Funded1
The EndThis will not gain any popularity, as 99% of this world consist of high-ego, self centered, and prideful. The dollar since it's exodus position of the gold standard, quantitative easing became a very low subject in the late 70's early 80's, but became the most popular instrument shortly after 2008's financial crisis, gorging out equivalent to the losses the banks sustain from over-leveraging MBS and CDO's. Since 1945, access to unlimited money wasn't foreign to the US, the agreement US conducted with Saudi Arabia, to buy the oil with USD Currency, made other countries to use US dollars to buy Oil Reserves, selling Bonds to print money. Fast forward to 2024, DXY shown unusual strength in Weekly and Monthly Candle, Identical to an archived chart of the US dollars from 1880's-1930's, a 50 year saga of USD being under performed in the first cycle, and then strengthen during the famous Bull Market of 1914-1929, which, historical data base of Dow Jones Industrial, the Market had a 88-92% crash, with the dollar swinging new strength's/all time high. Then came the new Dollar Standard, removal of the Gold Standard, which the modern USD/DXY charts shows the start shortly after 1970's. What are our options? really, realistically, this market, will probably perish, who knows, even probably see a huge deflationary era like the 1930's, will we see 25 cent coke cans? very probably in the future, and a $100 bill will likely fill a full grocery basket, but as the dollar empowers the economy, even the rich will become poor, but who knows, this is a speculative post, and just a theory.Longby PepeJTheTrader0
Usd under valuedUsd is still strong and the bulls understand that the value was tested on the spring. We had a nice start of the reversal showing the htf long term trend of bull. Americas need to sort out and be the old work hard and find your dream country again and less focused on woke mentally ill Corporate ideas. The basic supply and demand idea applies. Give what people want at a fair price. Ask what people need and want and produce. Do not over outsource to China. Choose another partner to create market stability. Longby LittleSovi0
*SMC* SMT divergence between USDCHF and DXYAs we make Higher High on the DXY, USDCHF was unable to make these higher high and did Relative Equal High. I suspect that since we took out sellside on USDCHF and we have an pool of liquidity to reach on the DXY, both will rally up.by ezod0
Trade Like A Sniper - Episode 43 - USDSEK - (14th June 2024)This video is part of a video series where I backtest a specific asset using the TradingView Replay function, and perform a top-down analysis using ICT's Concepts in order to frame ONE high-probability setup. I choose a random point of time to replay, and begin to work my way down the timeframes. Trading like a sniper is not about entries with no drawdown. It is about careful planning, discipline, and taking your shot at the right time in the best of conditions. A couple of things to note: - I cannot see news events. - I cannot change timeframes without affecting my bias due to higher-timeframe candles revealing its entire range. - I cannot go to a very low timeframe due to the limit in amount of replayed candlesticks In this session I will be analyzing USDCOP, starting from the 3-Month chart. If you want to learn more, check out my TradingView profile.06:44by Road_2_Funded1
Uptrend According to the behavior of the index in the current resistance range, possible scenarios have been identified. by STPFOREX0
USA Dollar to Zero value The sale of oil will now be in all currencies of the world. Most of all, today, the Russians, Chinese, and Saudis are fed up with the nonsense of the American treasury and the dollar. The BRICS cannot be stopped. Follow my steps: buy crypto now to protect your wealth. by Godofcatchemaal113
DxAfter cpi , clearly down for dx Time to correction This is not a financial advice dyorr EnjoyyShortby jupitertradeUpdated 1