DXY Elliott Wave CountCurrently we are in the third intermediate wave to the downside with possible target around 99.00 level. The primary C wave will drag the price to 90.00-85.00 before the 3rd cycle move to 120.00 level.DShortby Tradingstrategyguides2
AMD- Accumulation, Manipulation, DistributionPrice Accumulates, Manipulates, Distributes, then Expands. Price moves in cycles; price will accumulate, then manipulate, then distribute. Price usually accumulates in the Asian Session, followed by manipulation in the London Session, then distribution in the New York Session. Timeframe you want to make use of is the 15min. Plot out your sessions and see whether the Asian Session has accumulated. Everything depends on the Asian Session. When you get to the chart and the Asian Session has manipulated do not expect London Session to accumulate but to distribute and in the New York Session price will expand.01:45by darrenblignaut781
Usd likely more downside coming..bias to shortHello fellow traders , my regular and new friends! Welcome and thanks for dropping by my post. Looking to short USD more bias on short. Therefore setup on the majors or USD pairs for me will bias to go on shorting USD. Trend looks like a retesting of Supply level for shorts. 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 SWING LONG🚀 ✅DXY is going up from The horizontal support Of 105.000 so we are Locally bullish biased Therefore we will be Expecting a further move up LONG🚀 ✅Like and subscribe to never miss a new idea!✅ Longby ProSignalsFx112
DXY OUTLOOKDXY is Bullish on HTF. Well DXY has always been on our weekly watchlist not because we trade it but since it measures strength of the dollar and it provides confidence when trading dollar relative major currency pairs. on the 03 May 24, DXY played out as predicted where it mitigated the MTF-IMB then slowly went up. That's where we saw MSS or alignment with swing structure. Current structure: The market has broken above last swing H>Momentum> LQ>Extreme zone. Initial POI was mitigated and left a fresh POI which the market is currently in, on LTF liquidity has been purge; saw CH and now we can expect the market to mitigate the LTF POI/ 50% of the HTF wick before it moves to form new highs/ mitigate last swing high. This gives us the idea that currency pairs that are in relation to the value of the dollar like EU;GU;AU..etc. will experience shorts and currency pairs that have a dollar as a base might experience longs. During Pre-market open; analysis will be evaluated and executed accordingly. Longby Ocean982
DXY 4H ChartHi everyone! DXY is bullish in 4H chart.Clearly pump from the 50% of the FVG and there are relative equal highs above to be targeted next week .so in the coming week GBPUSD,EURUSD may be bearish and USDJPY may pump hard.... Good Luck Happy TradingLongby Engr_Zaheer_786_Setup2
DXY (DOLLAR INDEX) POTENTIAL LONG OPPORTUNITY (LEAVES CLUES) OK so I hope everyone is doing amazing today!!! I just wanted to get on here and make a post before Mother's Day so everyone can have this reference coming into the week ahead! And today I am breaking down the DXY which is the financial index for the USD. This will definitely help give a clue where technically the USD could be headed in the near future so hope this provides some value and let's dive in! OK so when looking at the dollar index on the higher timeframes it has somewhat been channeling the past few months after coming off a sharp drop following prices coming into a multi-year level of supply...which makes sense! Prices were expensive on the dollar lol. But now we have seen a somewhat channel on the higher TF and I am expecting a "small" push to the upside to come into now weekly supply and then potentially see further decline/discount in the dollar. On the daily timeframe you can see that price has been bullish since the end of last year being driven by a strong demand driven market. Also the market has made 2 impulse pushes so for me and based on the 3 push psychological rule (Elliot wave) whatever you want to call it it doesn't matter lol I am expecting a 3rd push to support this demand driven market...to take the liquidity of the 2023 highs...and to come into that non-mitigated supply on the weekly timeframe. NOT ONLY THAT but we do have some fib confluence as well as the daily 200 EMA sitting right in demand...so that supports this bias as well! So hope this all makes sense and that you guys can find some value in this! Please boost post and follow my page for more accurate analysis and trade ideas! Cheers, God bless, & Happy Mother's Day! Longby JosePips3
DXY observations (short term bearish trend)DOLLAR OBSERVATIONS As price continues its downward trajectory, it has shifted its trend to the downside, leaving behind clear supply zones. One of these zones was previously identified and respected as per last week's forecast. I anticipate this short-term bearish trend to persist until it reaches the 104.200 mark. At that point, I expect a bullish reversal to occur, especially considering the presence of an imbalance just above this level. Additionally, with price currently in a downtrend, my bullish biases on GU and EU align accordingly. This correlation is logical until either of them reaches the supply zone on the daily chart, which should coincide with the same daily demand zone marked out on DXY.Shortby Hassan_fx4
DXY clear bullish destination movement..DXY have the potential of been strong in coming weeks ..but likely weak first to touch the trend line before going strong indefinitely... Watch clearly the analysis to see indication by arrowsLongby Olumine0
DOLLAR INDEX FORECASTThe Dollar Index may look bearish to most traders. In fact, the dollar is super bullish in higher time frames. There is a massive pump up in the dollar incoming. I personally prefer Scenario 1. Analysis is only for educational perspective. Trade at own risk. GOLDHOLIC FX.Longby goldholicdxb1
DXY PULLS MOMENTUM STILLDxy moves in a bullish channel , and to thrive in the moves , the following marked out zones will be hedged.. .follow for more insights , comment , and boost idea .... THE NEXT IDEA will be updated in the comment section as you follow ✨Longby Ak_capitalist3
DXY shorting? This is based off US data and market structure... If we get a Break and close below, this should validate our sellsShortby BM_ForexTrader0
#DXY WEEKLYVIEWBuy on dip with proper confirmation by doji or candle stick patter in 15min tfLongby Drpankajbhingradiya1
USD Index AnalysisCheck the chart for the Breakdown. This is a bullish trend from july 2023, and a pull back began in october to jan 2024 and bullish trend began again @ P1 which is the first inside pull back. See P1 Bullish trend continue on march after a pull back that came to fill an opening gap though it broke structure for a bearish trend but because there was an opening gap that why it came to test and then continue back . see P2 Pull back started in mid april and get to the FVG and rally up to continue with a strong price action of a pin par at a FVG , indicating that the bullish trend is cntinueing again. Go to lower time fram and see a CHOP for a bullish and enter trade of buying usd against her pairs. see P#Longby josephrich1222
REAL ACCOUNT POST WEEK UPDATE DXY< GOLD < GBPUSD analysis and account performance, Enjoy, and trade safe 13:36by FX-Fanatics3
USD on the Rise? Concerns for the EUR. We'll see at 07:30 CSTUSD 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 beneficial to the AUDUSD & NZDUSD pairs as AUDUSD soared to a high of around 0.66230, retracing back to around 0.65994 before rising slightly into a consolidation pattern. NZD had the same affect reaching a high of around 0.60400 before retracing to a low of 0.60142, retracing near the high before settling down into consolidation. EUR pairs having the same reaction . GBP & EUR news releases early this morning being mostly favorable for the pairs, USD trying to get a footing with the demand of Gold & Silver still on the rise, we're seeing some uncertainty in the market as we come to an end of weeks closing. Awaiting further CAD Unemployment Claims report scheduled later this morning at 07:30 CST, this could be a make it or break it moment for the USD as we come to a close, pushing us into a Reversal for the week ahead or pushing us further down. Good Hunting Traders. by RagingSniper3
Dxy projection 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 Longby Ak_capitalist6
DOLLAR INDEX DXY Bearish Side Heist PlanHola Ola Hello Traders, This is our master plan to Heist Bearish side of DXY market. kindly please follow the plan i have mentioned in the chart focus on Short entry, Our target is Green Zone it is High risk Dangerous area Consolidation will happen Bull Trend will continue to go Upside.. Be safe and be careful and Be rich. Loot and escape near the target 🎯 support our robbery plan we can make money take money 💰💵 Join your hands with US. Loot Everything in this market everyday.Shortby Thief_TraderUpdated 1
Levels discussed on 10th May Livestream10th May DXY: Consolidating, look to retest 105.50, then trade lower to 105 round number support. NZDUSD: Sell 0.5975 SL 15 TP 40 (Possible double top) AUDUSD: Waiting, looking for a reaction at 0.6660 USDJPY: Test and reject 156 (breakout of bullish channel) Sell 155.80 SL 40 TP 130 GBPUSD: Buy 1.2550 SL 25 TP 55 EURUSD: Sell 1.0790 SL 20 TP 60 USDCHF: Choppy at current level USDCAD: Sell 1.3660 SL 20 TP 40 Gold: Needs to stay above 2345, above 2371 could climb to 2400by JinDao_Tai117
DXY Bearish Drop Last week, Bullish Rally This Week...?TVC:DXY "Excellence is not a singular act but a habit. You are what you do repeatedly." -Shaquille O'Neal Yoo Family I hope all is well!! Paying close attention to the US Dollar is very important when it comes to my trading especially since I trade GOLD...Hopefully this breakdown can help you as well... I constructed this narrative simply off the Weekly, Daily & 4Hr PA...IMO I believe the US Dollar will be bullish this week here's why, rock w/ me... 1) Last week buyers pushed the Dollar all the way back up towards the Daily Last Swing HIGH level ($ 106.515) and were met with instant resistance from aggressive sellers and lost the battle of dominance and sellers developed the stronger hand & dropped the Dollar Underneath Daily Swing EQ level ($105.200) and into Discounted Demand Levels... 2) The market had extreme imbalance to the upside and sellers pushed price into a HTF Daily Pivot Demand Zone to rebalance the market for fair value... Remember both Sellers and Buyers both have to have equal fair play in the market... 3) Now that Price has mitigated the HTF Daily Pivot Demand Zone which is considered Discounted pricing I believe the job is complete for sellers and now buyers maybe ready to enter the market and drive the dollar back up... This is just my opinion nothing is set in stone when it comes to the market as we do play the long-term game of probability... 4) On the Daily TF we have a huge rejection candle out of that pivot demand zone I mentioned... Now lets see if buyers come back into the market... Lets see if Buyers can push the US DOLLAR back up this week!! Stay active in your charting... #BHM500K #NewERA #Champions Longby TreyHighPwrUpdated 3
Don't demonise the dollarWeekly 1 2 3 reversal. Higher high higher low. Price may end on a positive tone this week. Yes in the short run price is volatile; but usd is stable. US is can be seen to be sorting out their internal problems from the extremists. Once they realize protecting american citizens will bring more capitalistic money in their wallets and more freedom; the democrats and republicans may actually hold their hands together. As both side need each other. The age of secret of hardwork is key applies. Usa is the 👌 everyone trusts the sp500 as the standard of world progress and majority of which is in usa. There is no alternative to the dollar for now; so take advantage of it. Use it for carry trades for ease of use. Just remember the few extremists in the Usa are but 1%. The rest are still sane.Longby LittleSovi0
DXY Next Move "After the sharp decline in the US dollar index due to the recent employment data and unemployment rate, we are facing an important event, which is the inflation data. If the data comes in high, this will be a shock and surprise to the market, and the index will rise again above 106. The second scenario is a decrease in inflation, which is possible at the moment. If the data comes in low, the Federal Reserve will have a great opportunity to lower interest rates soon, especially in July and September, and most experts anticipate the decrease in November. This will be very negative for the dollar, and it will decrease to around 102. Watch the chart carefully to understand, as the scenarios are depicted on it. Good luck!"by Hejaaa2
Dollar Index (DXY): Bearish Outlook After News 💵 Today's US fundamentals are very bearish for Dollar Index. After a test of a key daily horizontal resistance, the price formed a strong bearish imbalance and violated a support line of a rising wedge pattern on a 4H time frame. I think that the fall may continue. Next support - 104.9 ❤️Please, support my work with like, thank you!❤️ Shortby VasilyTrader2210