DXY looks bullish taking in consideration the commitment of traders and also the seasonal tendencies For mor in deppth analysis i am expecting two major equal higs to be taken out and then we can discuss for dxy moving down. The cut rates at the end of the month January doenst at all influence my analysis since the cut rates are already priced in and at the last...
The dollar index was weak in the run-up to the European Central Bank's interest rate decision. A massive fair value gap is blocking any further upward movement. In view of the bearish chart situation ahead of the interest rate decision, we expect the DXY to lose further value and reach the 102.00 area.
We have remained bullish the US dollar the past few weeks, and continue to suspect there are plenty of shorts to be covered as markets finally concede that fewer Fed cuts are coming this year and already priced in. The dollar has posted a strong rally YTD, and after a brief consolidation momentum is trying to turn higher with a bullish outside candle. It's not...
DX will be in an uptrend, entry point is 104,000, stop loss is 103,000, and take profit is 106,000.
if #dxy go up , i think we will se dump in crypto market ..... and stocks market too
Yes, I did call for bearishness in the Weekly Outlook. And yes, the USD has moved bullishly since Tuesday. However, I did state that price would move up into the fair value gap, and from there, the bears would take over. Remember, I described an External to an Internal RUn on LQ. Price has moved from Discount to Premium prices. Currently, price is positioned...
Remember, daily patterns are not as reliable as weekly patterns. But this H&S bottom is supported by COT data and could represent the start of a strong trend for the USD in the months ahead.
End of correction DXY... what do u think about dollar index?
May profits be upon you. DXY is now consolidating in between a bullish FVG and an bearish FVG. But it has been bearish, with downward momentum. I suspect it will continue this way, as price has found INTERNAL LQ in the bearish FVG, and is now seeking the EXTERNAL LQ at the lows. I believe the low at 100.320 is the DOL (Draw On Liquidity). Leave a comment, as I...
With CPI Data coming Thursday, price may consolidated within the range of Friday's candle and the FVG, before coming down. IRL > ERL I am looking for price to go from an interior raid on LQ to an external raid on LQ. I'm also looking for bearish PD Arrays to be respected... like the -FVG price is currently in. But who knows what the news will bring.
DXY Long. Dxy is action to the resistance so maybe we retrace before starting the long trend line.
DXY 4H Support level 100.40 - 100.69 Resistance level 106.53 - 107.6 USD currently near support level. But didnt broke. it means 100.40 - 100.69 Still Valid as a support. Still have Buy possibility USD pairs.
The US dollar experienced a notable 1.3% drop at the end of last week, following a 0.49% gap down on Thursday. In contrast, the S&P 500 gained 0.3% on Thursday and 2.49% over the week. Since September 2022, the dollar has been volatile, falling 13% from a high of $114, briefly dipping below $100, then recovering 7%, and falling again by 4.8%. This erratic...
DXY Dollar index Long: i think if it brake the last downtrend line it could see the value 110. so : all the crypto market is going down. the USD will be strong in forex market.
U.S Dollar Index Long: after brake the trend line and see the purple rectangle is as resistance.
Hello enveryone, I would like to revisit my previous idea and confirm a long signal for the same reason. As mentioned in the chart, we observe the second pullback close to the trendline with significant volume. This indicates a buying opportunity with a risk-reward ratio of 3. In this trade, we have a high probability and a favorable risk-reward ratio,...
Hello everyone, I would like to share a significant analysis of an important index for all markets—the US Dollar Index Futures. Firstly, in terms of technical analysis, we observe a clear breakout of the yellow trend followed by a pullback with significant volume. This indicates a long potential to the 1.618 Fibonacci level, which is $104,830 as a target. What...
The DXY looks to be in a 9 year accumulation/distribution structure. We are currently in a retest phase for the last 2 years with the last year being a trading range that looks to be in phase C with a spring. Everyone is bearish the $$$, the BRICS are gonna start their own currency, printing $$$ like crazy and we are all gonna die. Maybe not.