DXY Roadmap February 2023This seems rather logical and most likely the final run higher before what looks like multi year reversalby NeonUpdated 3330
Expecting a rallyDXY D1 chart Looking for a rally in price as price is trading at the Swing @103.901 taking into account the amount of selling pressure coming into the market at this price area as LTF traders are looking to take sell trades expecting price to breakout of this swing and continue dropping to lower price levels. We are long and targeting the recently formed swing high @106.662 and for price to form a new swing high. by cpointfx2
DXY Will Go Up! Long! Here is our detailed technical review for DXY. Time Frame: 5h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is on a crucial zone of demand 104.420. The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 104.977 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!Longby SignalProviderUpdated 117
DXYDXY is in strong bullish trend. As the market is consistently printing new HHs and HLs. currently the market is retracing a bit after last HH, which is 50% Fib retracement level and local support as well. if the market successfully sustain this buying confluence the next leg up could go for new HH. What you guys think of this idea?by JustTradeSignals2
DXY Minute: Mid-Term outlookI have done a lot of DXY posts, and if you read many of them, you have read my historic observations that Risk (Indices, Equities, etc) typically tops on a DXY wave 2. Not typically the Primary, but often the Minor, or even Minute waves 2...since a deep wave 2 can be confusing as heck to anyone who believes sniffing the dollar out is essential to successful risk trade. I agree that it is, which is why understanding where I am in the count is so important to me. I am looking for some type of deep, perhaps quick, Minor wave 2, that can give equities OMH, in blow-off fashion. The highs we have experienced so far are far too tame for my taste, and I can stay hedged until the cows come home, unless we get something good. The rumors of Dollar's death have been circulating for the better part of a decade, but still, the king has yet to be dethroned. And, I doubt that in the face of tightening regulation and increasing suspicion of the viability of bit corns as a replacement """currency""" that is going to happen, at the moment. However, I do think that a sell-off, quick and deep, from here, would catch a lot of participants going, "BTC is going to yet another high and ding dong the dollar is dead." Such eagerness to abandon the dollar is what equity traders feed on, especially those who prefer to SELL. Looking for a nice quick pull-back, followed by an explosion to the upside that could sustain for many months, paired with OMH in equities, followed by months of downward, corrective pressure. Best, CuzLongby CuzDeluxUpdated 8816
Levels discussed on livestream 21st May21st May DXY: Needs to break 104.40 could trade down to 104 round number support NZDUSD: Buy 0.6145 SL 20 TP 70 (RBNZ rate decision tomorrow) AUDUSD: Buy 0.6675 SL 25 TP 50 USDJPY: Sell 155.75 SL 30 TP 100 (Hesitation at 155.30) GBPUSD: On CPI release, Sell 1.2695 SL 20 TP 45 EURUSD: Buy 1.09 SL 35 TP 70 USDCHF: Sell 0.9080 SL 20 TP 40 USDCAD: Test and reject support, Buy 1.3625 SL20 TP 60 Gold: Needs to stay above 2410 to retest 2450 by JinDao_Tai11
Is DXY still bullish?My major trend was not broken either Friday nor Today.. I am still accessing whether DXY is still bullish. There some signs that DXY wants to to turn bearish. But I have not seen any confirmation and will wait on my trend to be broken before changing my bios. Let me know what you think.. Have dxy turn bearish? by youngneil0
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_113
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