DXY - Short OpportunityPrice breaks the trendline& retest and if unable to break up, short with sl & tp indicated.Shortby fiknikUpdated 2
USDOLLAR ForecastTheoretical Rule 2: The price should reject from supply and fall to reach the first TP . Khiwe On this profile page, the shared analysis, ideas, and also, the strategy of a chart belong to Khiwe with some being influenced. The technical set-ups are speculative, they are not guaranteed for accuracy or completeness in the form of any content; it is not to advise on financial markets. Please apply your own analysis and confirm it with price action.Shortby Khiwe1
Dollar Index sellI missed this setup in my morning 5AM forecast because I did it casually in bed. Price has been breaking lows it retested making a doji then closed low perfect signal price will move lowerShortby Mnoma_steve110
USD Retracement Incoming!! Must Watch Hello traders! Please see our breakdown and opinion of the current Usd index. Breakdown - Price has been respecting this bullish dynamic support since late October and we have seen multiple tests of this area as it ascends. We have identified what we think is some 4hr exhaustion in the orange box. It is also apparent from the daily time frame that may have ran out of steam and at the very least a correction is about to be forthcoming. We have a bearish bias for the Usd Index for W/C 06/12. There is some additional confluence factors we however would like to see : - : - we would like to see price break and close below our ascending trend line. : - we would like to see price retest our trend or our structure area. Note the analyses from this index will be used to add confluence to any Usd currency pairs that we are monitoring next week. Let me know in the comments below what your thoughts are on the Us Dollar just now and if you like the content and want to see more like this hit the follow button and give me a thumbs up! The Fx Charist Shortby TheFxChartist_4
Short-term US Dollar Forecast Possibility of some short term downside or counter trend trades for the US Dollar in the next few weeks! Recently we have seen the Dollar break through a key monthly level and previous lower high structure point impulsively which now means we are bullish on the Dollar as this shows intended direction of price. However, on Friday we have seen a 1-2-3 daily reversal pattern with a strong bearish daily candle close which could suggest that we could be at the start of a pull back/ correction in price. If we do start to pullback, i would be looking for price to show descending corrective movement back into the monthly key level (12100) which is also a 50% Fib retracement for bullish continuation. If price does break this level then the next level i would be watching is the weekly key level (11900) and 61.8% Fib retracement which would be a deeper pull back from the larger swing and could mean a larger move up possibly into the region of 12600. With this in mind, when looking at currency pairs containing the US Dollar, we would be looking for selling opportunities for counter trend trades in USD/XXX pairs & buying opportunities in XXX/USD. However, this all relies the Dollar retracing. If prices continues bullish, we will have to re-evaluate at a later date. Feel free to leave any comments!by PercentageOverPips2
USDOLLAR: BULLISH BIAS, SIGN OF STRONGER ECONOMY?Hello Enthusiast Forex Traders! Here's medium-term outlook for USDOLLAR , Please give us the thumbs up and support the channel by Smashing the FOLLOW button :) USDOLLAR formed a trendline false break on h1 timeframe. Afterwards, USDOLLAR already broke out of the Falling wedge pattern.The MACD already crossed upward above the zero area, it signify a probability of potential breakout in the near future. The roadmap will be invalid after exceeding the support/target area. DISCLAIMER: This is only an outlook, not a recommedation to buy or sell the cryptocurrency. Longby financialfreedomgoals101Updated 225
USDOLLAR Analysis - Symmetrical Triangle This is a chart for the USDOLLAR, which has been inverted to display the nature of a symmetrical triangle Price can be seen to enter and exit on opposite sides Using this assumption we can say that price will rise, at it climbs to exit the triangle (inverted) by Bixley3
USDOLLAR: DESCENDING BROADENING WEDGE, BULLISH BIAS ON DOLLAR?Hello Enthusiast Forex Traders! Here's long-term outlook for USDOLLAR, Please give us the thumbs up and support the channel by Smashing the FOLLOW button :) USDOLLAR formed a trendline false break on daily timeframe. Afterwards, USDOLLAR is forming the descending broadening wedge pattern. We're looking for a breakout of the descending broadening wedge pattern to validate the bullish bias. The MACD starts crossing upward above the zero area, it signify a probability of potential breakout in the near future. The roadmap will be invalid after exceeding the support/target area. DISCLAIMER: This is only an outlook, not a recommedation to buy or sell the cryptocurrency.Longby financialfreedomgoals101Updated 442
DOWN JONES DOLLAR INDEX: COULD WE SEE THE MARKET DIP?As we explained we can see a clea channel and the Dollar touched the trend resistance. Could we see the USDOLLAR lose value? What could back this up? A delay in the economic tapering which was supposed to be released earlier but will now be pushed further as the FED has to work on fixing the risen inflation. Up 6 percent which is the highest ever. Let's see how this plays out. Like share and interact with meShortby Kaumbi020
Dollar to release soonDollar is on the verge on releasing from the contracting volatility funnel. It reacted at the previous point of release to the pip. I suspect price to release to the upside, as uptrend is still in place (no lower low) and as you see dollar corrects itself in those contracting funnels. If price releases to the downside (what is possible) there will be a massive gap slip. For that price needs to start trading the yellow box, below the previous low. TIP: USDOLLAR Index is generally more accurate than DXY For educational purposesLongby ICFXUpdated 113
Fail To Win- Successful Bullish Trade DXYHere we have a successful victory on DXY. Im going for a positional trader so you see multiple colored key areas on the chart. Price was bearish coming to my broken monthly level. I wanted to see a bullish reversal once price touches it and it did. A morning star reversal pattern formed and broke above my weekly dashed line trendline. Additionally, I wanted to see price reject the broken trendline in order to prove to that it continued direction is up! Price also caught some demand from my hourly demand level. Yay, and it did. Price reversed shortly from my hourly supply level to pick up some more bullish pressure from the broken demand level. This trade went for a 1:45RR. I was amazed and so excited to see my analysis play out this way!! Perseverance and patience are vital for failures to become winners in the long run. I wish to continue the marathon which is forex.Longby Mars-A-Million20210
Long term view on US Dollar indexPrice broke the buy structure on the monthly and went to take the buy-stop liquidity sitting at the resistance. We are going to see price go to mitigate the OB or the Breaker then take the move down either buy just shooting straight for the Launchpad or by rejecting from this present weekly lower high OB and then rejecting to its lows before heading for the Launchpadby OlamideAjasa221
Potential Signals From The Equal Weighted DXYIn this update we review price patterns in the equal weighted DXY and the potential implications for EUR,GBP,USD & JPY0by Tickmill222
USDOLLAR x DXY - Reversal? ⚡️USDOLLAR and DXY are used to forecast USD strenth/weakness, which can be used to trade USD pairs. In our last few analysis for USDOLLAR and DXY, we managed to forecast correctly and took advantage of it by trading USD pairs such as GBPUSD. We are now approaching an area of interest for both USDOLLAR and DXY. USDOLLAR: - Approaching weekly structure - approaching channel resistance DXY: - Approaching -0.27 target fibonacci - Approaching ascending wedge resistance Both indicating that we may see weakness from USD very soon = USDXXX short and XXXUSD long. See below for possible USD trades. EURUSD GBPUSD AUDUSD USDJPY If you enjoyed this, do leave a comment and like the idea for more analysis!by WicktatorFX171798
dollar index up trendprice is making higher high , higher low , inside a parallel channel the last wave was started after the end of chart pattern Longby IndianFX0
My Opinion on DollarThe dollar seems to stay in demand zone, my target it will go for long and find the potential supply zone on daily and weekly timeframe. So anything pair with USD, will go weak against it. eg. XXXUSD will go short if the pair stay on supply zone and USDXXX will go long if it stays on significant demand zone.Longby Airi59Updated 0
💡#i38 : US Dollar In Deep Do-Do. Great For Quality Assets⚠️🐻📉I'm Sure You've All Heard The Spiel The US Dollar Is In Some Deep S**t After Bottoming in Feb 2021, The Ole Dollar Has Been Slowly Grinding To Final Resistance On November 5th Double Topped Out At 3649 Next Stop Notations On Charts Detailed Variants of Idea Charts Below 🖼️🎨 FX:USDOLLAR DJ:USDOLLAR EIGHTCAP:USDOLLARShortby d-MR96nBa668
DXY H4DXY has reached monthly price sensitivity zone and we would like to see some reaction in this zone -The month ended with a bearish shooting star,highs were broken and currently we are on a HH anticipating for a HL formation weekly Price being in the monthly res we can see some sellers at trying to come in daily we can see buyers decelerating and HLs being broken H4 Broken ascending TL and we waitShortby AWANKANYI0
DXY DAILYDXY has reached monthly price sensitivity zone and we would like to see some reaction in this zone -The month ended with a bearish shooting star,highs were broken and currently we are on a HH anticipating for a HL formation weekly Price being in the monthly res we can see some sellers at trying to come in daily we can see buyers decelerating and HLs being brokenShortby AWANKANYI1
DXY,WEEKLYDXY has reached monthly price sensitivity zone and we would like to see some reaction in this zone -The month ended with a bearish shooting star,highs were broken and currently we are on a HH anticipating for a HL formation weekly Price being in the monthly res we can see some sellers at trying to come inShortby AWANKANYI0
DXY MONTHLYDXY has reached monthly price sensitivity zone and we would like to see some reaction in this zone -The month ended with a bearish shooting star,highs were broken and currently we are on a HH anticipating for a HL formationShortby AWANKANYI0
US Dollar Rising WedgeThe dollar looks to be in a rising wedge formation (bearish set-up). The RSI is also running out of steam with lower highs. It could bull trap above the wedge before breaking down with a wick or two. It could also simply topple over soon and end up falling out the bottom trend line. Looks likely to decide by early November. Remember, a falling dollar is good for cryptos and safe havens such as metals. Shortby thekevinUpdated 1
DXY,DAILYThe dollar index reached our upper monthly price sensitivity zone and we are anticipating for a slight pullback n probably continue with that bullish momentum to the upside Daily -from the monthly price sensitivity zone we can see Daily forming LHs ,we might see bounce of the daily descending trendline or break to the downside..Longby AWANKANYI0