Dollar breaking swinging longsDouble bottom is the last confirmation of the descending triangle the we were followed by a floating bullish flag (secondary confirmation/not an initial confirmation to form new pattern), The breakout confirms our buys and nothing can stop us.Longby Ibenathi2
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
DXY going up?I’ve got the DXY going up which if it goes up will effect my GU and EU buys however I do have Ucad and UJ buys.Longby Dieumercit3
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
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
Dollar at 102.5Head and shoulder with negative divergence on weekly RSI , clear sell signal will be formed once the channel carrying last shoulder is broken Shortby sherife_2004291
DXY- Showing selling oppsDXY looking good for more sell direction. All time frames are positive when it comes to sell direction. Market structure is clear no breaks yet to the upside! FIB show 50% pullback and drop on the 4 hour time frame. 09:56by Taneesha2
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
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
DXY on daily timeframe Hi traders, it's my opinion on DXY in high timeframe . As you can see price pullback to Orderblock daily and shows signals that have potential to reach (DOL) zone . So until price is above 104.000 in daily time frame this signal would be confirmed. If price can break 104.000 zone strongly on high time frame and close below this zone this signal would be fail.Longby somayehbasiri1113
Dollar Index(DXY) biasLooking at the higher time frame for the DXY. We can see order flow bullish in the mean time. After tapping in to the weekly OB(demand) we have been rallying higher ever since. The past two weeks we have been noticing a retracement on the DXY. Now the question is why? If you look to the left we see the in OCT 2023 the DXY had a massive sell-off after tapping to unmitigated supply from 2001. That sell off left a break away gap. This gap served as resistance when revisited the last couple of weeks. This has led to a retracement to a daily OB(demand). If order flow remains bullish we should see price rally to the upside to take out buyside liquidity. Meaning we can see a sell-off on X/USD pairs. But until we can confirm price intention on the lower timeframe we sit and wait patiently.Longby ThePatientTrader_3
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 Trading JournalDXY Trading Journal It seems likely that Price will take the equal lows this week as it gravitates to the 50% equilibrium level 103.868 range for the low target. I consider that Price could seek to rebalance my 4 hour IFVG and another noted 4 FVG at 105.383 for the weeks high target. by LParnell0
DXY shot time trade for a monthlydxy analysis first probability double top sell appatunity very good trade chance for Shortby abubakarsadiik9220
Overall Sentiment for US Economy from January to May 2024The period from January to May 2024 has been marked by significant bearish sentiment due to multiple geopolitical events. The escalation of conflicts in Ukraine, increased US-China trade tensions, disruptions in the Red Sea, and heightened hostilities in the Middle East have collectively contributed to market instability. These events led to increased energy prices, supply chain disruptions, and heightened global volatility, which pressured the US Dollar Index. The overall bearish impact on the dollar was driven primarily by inflationary pressures from higher oil prices and increased geopolitical risks, reducing demand for the dollar as a safe haven. Large institutions had to adjust their portfolios and manage risks strategically to navigate the volatile environment.Shortby CandlesofKarmaUpdated 0
Viper Weekly Setup CallEvery Sunday I break down the upcoming week. Give some insights and breakdown's in what some of the better trade ideas are going to be and some technical look into what the charts are telling us for a move. We breakdown DXY, US30, Gold, Oil and today just a couple forex pairs. best trending right now is weak CAD trade ideas. Also looking for some nice movement this week in AUD and NZD. 20:33by Bowersbtc111
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 ( US DOLLAR Index ) Analysis 19/05/24Scenario 01 : if the Federal Reserve raise interest rates : Probability of this to happend is lower in my opinion but could happend somehow 1. *Dixie (USD Index):* Typically, when interest rates rise, the value of the dollar strengthens. This is because higher interest rates attract foreign investment, increasing demand for the dollar. So, the Dixie would likely see an increase in value. 2. *U.S. Dollar Index:* If interest rates rise, the U.S. Dollar Index, which measures the value of the dollar against a basket of other major currencies, would likely see an uptick as well. Again, this is due to increased demand for the dollar from foreign investors seeking higher returns. Scenario 02 : if the Federal Reserve keeps interest rates the same: 1. *Dixie (USD Index):* If interest rates remain unchanged, the dollar's value might stay relatively stable. Without a change in interest rates to attract or deter investment, the Dixie may not experience significant fluctuations. 2. *U.S. Dollar Index:* Similarly, the U.S. Dollar Index could remain steady if interest rates are unchanged. It might experience some minor movements based on other economic factors, but overall, it's likely to maintain its current level. Scenario 03 : if the Federal Reserve Cut / Lower interest rates: (Probability is High because of the inflation is high and Jerome Mentioned he might Cut rates in the next meeting) 1. *Dixie (USD Index):* Lowering interest rates usually leads to a decrease in the value of the dollar. This is because lower rates make it less attractive for foreign investors to hold onto dollars, as they can find higher returns elsewhere. So, the Dixie might depreciate. 2. *U.S. Dollar Index:* A cut in interest rates could lead to a decline in the U.S. Dollar Index as well. Lower rates could weaken the dollar's value relative to other currencies, causing the index to decrease. In summary, changes in interest rates by the Federal Reserve can have significant impacts on both the Dixie and the U.S. Dollar Index, influencing their values in the foreign exchange market.by TraderFa9ir1
✅DXY GROWTH AHEAD|LONG🚀 ✅DXY is trading along the rising support line And as the index is going up now After the retest of the line I am expecting the price to keep growing To retest the supply levels above at 105.000 LONG🚀 ✅Like and subscribe to never miss a new idea!✅Longby ProSignalsFx115
am expecting a stronger dollar this weekthe price respecting the premium arrays and am expecting a strong dollar targeting last weeks highLongby EbenezerKorir3
DXY OUTLOOK (20-24 May 24) DXY is Bullish on HTF Another fantastic example of what i was trying to explain on EU weekly trade review. Now some might be wondering why EU surpassed an internal LH that was protected and DXY won't. Well my theory is simply, DXY is still forming internal structure as it has not taken any swing structure out so it would make more sense for DXY to respect strong, protected internal structure. The POI is a valid POI> lead to BOS, has IMB, On extreme discount and has swept and left liquidity. Following the previous week, DXY has tapped into our MTF-POI, at this point we are waiting to see how the price will behave, either induce last low formed and results into a CH, then we will look for the same entry requirement as our trading plan. Longby Ocean983