DXY IndexPair : DXY Index Description : Completed " 12345 " Impulsive Waves and " ABC " Corrective Waves Break of Structure Bullish Channel as an Corrective Pattern in Short Time Frame RSI - Divergence Demand Zoneby ForexDetective4
Its going up to the equal highs and higher HTF levelThe dollar had a reaction from the daily order block, confirmed by SMT. The whole week was ranging and I thought that we would, still go a bit lower, but now when the range is broken up above the IFVG. I think it's ready to go up. 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-HunterUpdated 3
DXY hits major resistanceDXY: The USD index this week is touching the susceptible help area round 104.60, so withinside the brief term, the USD is anticipated to get better barely today. Most of the marketplace will now no longer have lots fluctuation because of the financial institution holiday. Ace can refer to shopping for with USDShortby Chart_MasterPro2
USDX POSSIBLE BUYease wait for a possible breakout from the pattern , As I see it forms a pullback pattern that could possible to continue its upper trend TP1- 103.938 TP2- 103.252Shortby Ink_ArtistUpdated 1
I Believe Dollar will Head Lower to 104.(5) to grab short term Liquidity, Before heading back up to 105.141 Range. Then, after Premium PD Arrays hit sell off for rest of Q2. Shortby OutlierTrading0
DXY !hello everyone, DXY has been bullish with all the positive USD news.. at the moment dxy reached the resistance level the price can either pull back to 1st or 2nd support depending on the market.. buyers can kick in since all pairs are falling against USD (mostly all major pair).. so far there is no confirmation on price being bearish... price need to break below 105.86 for bearish confirmation. good luckLongby baigxyUpdated 3
DXY (Dollar) Intra Day/Week Play - 27/05/2024On the monthly we can see that the dollar is on aan upward trend after breaking outu of it's previous range at 88.528 which has now become a key level of support. We have seen this extention continue to levels 113.016 and then returned back to create a range between 101.421 (lows) and 107.424 (highs) Price action is suggested to continue ranging to complete distributiob before heading to the downside to test the POC levels of 99.885 and possibly even further to 94.510 to test the bullish order block which has yet to be mitigated before continuing back on the upward trend. On the Weekly we can get a clearer picture of this range and noticeably see that supply side liquidity at 106.726 has been swept which futher confirms our assumption that price will continie to the downside to the POC levels at 99.955 On the 4 hour we are able to get an even cleared picture with some assumptions being made that will test the 105.051 levels to form a bearish head and shoulders pattern and then heading down to test support level of 104.043 as part of a change of character, only to retract back to retest previous support at 104.380 and continue to he downside to reach our POI at 102.517. Taking all these price movements into consideration it is very likely that we'll see the greenback test all these levels to head back int the demand zone area of 100.500 - 102.000 over the coming week. Let me know what you guys think. Hope you have a great week ahead. Happy Trading.by FXCapitalClub0
DXY Bearish - Amidst Bank HolidayGood day Traders For week 22, we can expect a bearish DXY, with the bearish flag created in the 4H as well.Short01:59by ThaboDennis0
DXY 4 Hour Trading Journal Analysis DXY 4 Hour Trading Journal Analysis I suspected that Price would seek lower prices and seek my noted equal low and the equilibrium level. Sadly Price was on a rebalance hunt as it rebalanced the noted Daily SIBI. I anticipate for Price to rebalance the 4 IFVG at range 105 potentially reaching for my noted clean buy side target for the weeks high. I suspect that the DXY is bearing to the 50% coming into the seasonal market shift from a Premium to a Discount market. I suspect that Price may seek the lower prices targets I have noted for sell side targets for the week. by LParnell0
DXY for the next few days.. Hello, Mates hope you all are doing well and enjoying the weekend. This is my thoughts about DXY for the next few days. NOTE: This is only based on technical analysis fundamental or geopolitical situations may change the direction to any side. Shortby thebullsquad6
Dollar index lowerSince we didn't break Thursdays low,price could go up to Fridays inefficiency before pulling back down to a volume imbalance which is not visible on the chart,but it is just below my targetShortby princie670
DXY, D1DXY looking for uptrend in next following week. Now, waiting for price have retrace and go up.Longby chinghola2
DXY for saleSmart and classic technical analysis 1- A bearish price channel on a 4-hour frame 2- The presence of strong supply areas 3- Strong volume area 4- Your hormonal pattern appears negative, which supports selling 5- Saturation in the Relative Strength Index on the hourly and 4-hour frames Shortby ShakerTrading1
UNIQUE IDEA FOR DXYThe above outlook is from a technical approach and it is by no way financial adviceShortby Kush00
DXY strong Aur Weak?US Dollar Techinical Analysis USD Looks to Recover LossesLongby Kashif_chaudhary4
DXY STRUCTURE I know DXY is showing clear signs that it is ready for a buy but without these confirmations, there will be no buys I usually say I'm not here to change your trading style or belittle your trading system I'm here as your market structure analyst, do well to like share and follow.by Dr_Trade13
DXY Weekly outlook May 26 2024DXY Weekly, Daily, and H4 Chart Analysis Weekly Bias: Bearish Market Structure Shift (W-MSS): Confirmed two weeks ago, signaling a bearish trend. iFVG-W: Last week, price tested and closed below the inverse Fair Value Gap on the weekly timeframe (iFVG-W), reinforcing the bearish outlook. Target Level (DOL): 103.921, where the Weekly Fair Value Gap (W-FVG) and Weekly Swing Low (W-SSL) converge. Confirmation Needed: Watch for a Bearish Market Structure Shift on the H4 timeframe (H4 Bearish-MSS) to confirm the bearish bias. Daily Bias: Bearish D-FVG-CE: On the daily chart, price has closed below the current Daily Fair Value Gap (D-FVG-CE). D-LRLR & D-SSL: Daily Low Resistance Liquidity Run (D-LRLR) is aligned with the Daily Swing Low (D-SSL) and the Weekly Swing Low (W-SSL), indicating a target for low resistance liquidity. Expectations: In the upcoming week, anticipate a move towards these lower levels, seeking liquidity. H4 Bias: Bearish H4-FVG: On the H4 chart, a Fair Value Gap (H4-FVG) has formed after rejecting from the weekly inverse Fair Value Gap (W-iFVG). Key Level: 104.998 - 104.913 (H4-FVG). Bearish Confirmation: If price moves upward and then rejects from the H4-FVG level, this will confirm the bearish bias. This will be an ideal point (H4-POI) to enter short positions targeting 104.009. Key Levels: Resistance: Recent iFVG-W (Weekly), H4-FVG (104.998 - 104.913). Support/Target: 103.921 (W-FVG and W-SSL), 104.009 (H4 target). In summary, the DXY shows a bearish bias across weekly, daily, and H4 timeframes. Watch for price movements towards 103.921 on the weekly and daily charts, with confirmation from a rejection at the H4-FVG level (104.998 - 104.913) to solidify the bearish trend and target 104.009. Shortby Trader_PKR1
Usd potentially looking to head lowerHello fellow traders , my regular and new friends! Welcome and thanks for dropping by my post. USD could be heading for resumption of its down side? A relatively light week again. Let's see. On the flip side, Gbpusd Eurusd should be on my list to go on long 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. ********************************************************************* Shortby Shadowing_The_Big_Boys0
DXY | Market outlook The May manufacturing PMI increased from 50.0 points to 50.9 points, the services PMI – from 51.3 points to 54.8 points, and the composite PMI – from 51.3 points to 54.4 points. Overall, growth in the key economic sectors remains robust, giving US Fed officials another argument for keeping the interest rates at peak levels. In this regard, it is worth noting the latest comments by the head of the Federal Reserve Bank (FRB) of Atlanta, Raphael Bostic, who said that the regulator would have to maintain the current tight monetary policy for some more time due to significant inflationary pressures. The official noted that the share of goods whose prices were growing by 3.0–5.0% MoM or higher is now greater than it should be under normal conditions, and the labor market remains resistant to the measures taken. However, according to Bostic, a transition to reducing borrowing costs is possible but not earlier than October.Longby DCFX-TA1
USD about to plunge and VIX spike Q4/2024 adding fuel for PMs#VIX (Black) too quiet against flat #USD. Expecting VIX to spike to 120% area against falling USD Index Q4/2024.Shortby LOWERCOSTA0
DXY next update..... AronnoFX will not accept any liability for loss or damage as a result of reliance on the information contained within this channel including data, quotes, charts and buy/sell signals. If you like this idea, do not forget to support with a like and follow. Traders, if you like this idea or have your own opinion abShortby AronnoFx6
DXY Will Go Down! Sell! Please, check our technical outlook for DXY. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is trading around a solid horizontal structure 104.533. The above observations make me that the market will inevitably achieve 102.945 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!Shortby SignalProviderUpdated 115