DXY_4Hu.s.dollar index can be some corrective then it may continue it's bearish trend...Shortby kmb_traderUpdated 3
DXY NARRATIVE, in my opinionBacked up by fundamentals, negative correlation to us30, spx500 and nas100Longby princemotheohanesniper75223
$DXY -Decisive Move Around the Corner !!! Dollar Index TVC:DXY on the cusp of making a major move TA speaking ; (100.8 or 110) - To the upside starting currently by jumping at 200EMA and breaking recent highs within pattern while facing strong resistance just above on Range Ceiling(105) and last Highs of 107(ChoCh). - Either falling off a cliff headed in to re-visiting Range Bottom of 100.82 (Swing/Positioning) Fundamentally speaking ; Would be a great move to the Upside for TVC:DXY Fundamentally speaking, resulting so on SHORTING anti-correlated assets, such as EUR/USD and other FX pairs. Must be time for TVC:DXY to strengthen even more, makes sense ,, otherwise Recession is just ahead ! On headlines , CPI ECONOMICS:USIRYY is coming lower, with economists awaiting Fed Cuts ECONOMICS:USINTR cuts by end year. However, worth mentioning is that wealth hedges such as TVC:GOLD continues to be stocked up in piles of tonnes from China ECONOMICS:CNGRES and not only; China's Wealthy Class is also in the process of purchasing pure physical Gold *** NOTE This is not Financial Advice ! Please do your own research with your own diligence and consult your own Financial Advisor before partaking on any trading activity with your hard earned money based solely on this Idea. Ideas being released are published for my own trading speculation and journaling needed to be clear on different asset classes price action. by Mr_J__fx6
USDXThis is what I'm seeing on the USD Index. USD is still bullish and has not shown any bearish signs. Knowing what to do with USDX pairs is important. The analysis is provided for educational purposes only. Be aware of the potential risk of loss before making your own trading decision.by NsnjrglBil3
DXY STRUCTURE As we trade with correlation I have dropped for EURUSD and now this is DXY which is negatively correlated with EURUSD, DXY is in a critical zone for a strong buy, we have seen the hand of the big banks so let's trade with them, whatever trading strategy you use to trade for buys and not sells, do well to like share and follow for more updates.Longby Dr_Trade10
DxConfirmation for correction dx Bad news for us This is not a financial advice dyorr Enjoyyy🫡Shortby jupitertrade1
Levels discussed on 16th May Livestream16th May DXY: Retracing, needs to stay below 104.50. If support 103.990 broken, could trade down to 103.40 NZDUSD: Buy 0.6145 SL 20 TP 70 (Hesitation at 0.6180) AUDUSD: Sell 0.6710 SL 25 TP 50 USDJPY: Sell 153.55 SL 35 TP 75 GBPUSD: Sell 1.2655 SL 30 TP 80 (DXY recovery) EURUSD: Buy 1.09 SL 30 TP 70 (DXY weakness) Sell 1.0850 SL 30 TP 60 (DXY recovery) USDCHF: Sell 0.8960 SL 20 TP 65 USDCAD: Sell 1.36 SL 30 TP 50 Gold: Consolidating, needs to break 2400 to trade up to 2415by JinDao_Tai3
DXY - USD Sinking To A Bottomless Pit The Fundamentals When I think of U.S. Federal Reserve and U.S. Government infinite debt ceiling, the title of the movie, "The Gods Must Be Crazy" comes to my mind. What they are doing has only one end result, the destruction of the U.S. $ and its economy. There are new sheriffs in town (BRICS - Economic Sheriffs, Russia, China, Iran - Military Sheriffs), the U.S. no longer has military nor economic hegemony, this is what's behind the power of the U.S. $, imagine being powerless to protect their interests in the red sea, where there's a new sheriff in town called Iran camouflaged as Houthis :D or being kicked out of Niger? Some genius decades ago, had the bright idea that backing the U.S. $ by military power was a great idea, moving factories to China for the sake of increasing profits was also a bright idea, and at the same time antagonizing China. The Technical Analysis Counting the waves, looks like we've completed wave B of wave 5 which means wave C could take the USD below 92. Coincidently that's close to 0.5 and 0.618 Fibs. Wave 1 and 2 of wave C looks completed now brace for impact! Mayday! Mayday! The Bullish Scenario Wave B of wave 5 could be an extended wave and take the USD all ze vay to 119 and crash afterwards.Shortby ankhramsiswmriimn0
Dollar could be bullish again from this level and channel lowThe dollar has been dropping down to the Order block and the bottom of the ascending channel. This order block had quite a strong departure so I think we will get a reaction here for more confirmation close and retest of the previous week's low. Always follow these rules - Accumulation / Manipulation / Distribution - No liquidity raid = No trade - Never buy high and never sell low “Adapt what is useful, reject what is useless, and add what is specifically your own.” Dave FX Hunter ⚔Longby Dave-FX-Hunter3311
DXY: The Harmonic Pattern is pushing the price even lowerDXY: The Harmonic Pattern is pushing the price even lower After DXY completed this beautiful harmonic pattern we can see that the USD is barely recovering. Overall we have seen the USD correcting for more weakness rather than getting stronger. Let's see what happens today during the US CPI data... 📺You may watch the video for further details📺 Thank you and Good Luck! ❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️Short02:25by KlejdiCuniUpdated 1110
Dollar Index | Continued Bearish Moves? After breaking a key support at 105, we can expect a decline to 103.9 for the Dollar Index.Shortby uPaSKaLUpdated 5
DYX (LONG) DOLLAR INDEX Elliots Wave impulse count of 5 waves We are currently starting final wave after the 61.8% retracement of wave 4 Dollar strength expect long termLongby MR_US30_ZAR1
DXY Will Go Down! Sell! Please, check our technical outlook for DXY. Time Frame: 4h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a significant resistance area 104.322. Due to the fact that we see a positive bearish reaction from the underlined area, I strongly believe that sellers will manage to push the price all the way down to 103.929 level. P.S Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback. Like and subscribe and comment my ideas if you enjoy them!Shortby SignalProviderUpdated 114
DXY Hourly Trade JournalDXY Hourly Trade Journal I was happy to see Price gravitate towards my noted 4 IFVG and equal buy stops. Then I was even more delighted when Price delivery to my noted Sell stops target at 105.033 and deliver to the D BISI. Celebrate today for Price energetically rebalancing the Daily BISI. Price did take the sell stop liquidity 104.522. Still delivering in a Premium market as price gravitates toward the 103.937 50% equilibrium level. Wild. I anticipate that level to be achieved this week. I do consider that price would rebalance the gap it created today at range 104.280 for possible reversal target level. by LParnell0
DXY The US dollar is under pressure due to mixed domestic economic data and external factors, such as China's potential support for its housing sector and a global stock market rally. Technical analysis shows a weakening trend in the dollar index, with key resistance at 105.00 and major support around 104.30.Longby KhalilKarimii2
View on Dollar1.Consolidation broken on the downside but still on the support zone. 2.For Long it has to break the trendline Liquidity and Major Resistance. 3.coming major CPI news decides the trend of the Dollarby Sha_The_IconUpdated 12
DXY : The USD continues to weakenThe USD plummeted as expectations of the Fed lowering interest rates increased after US inflation data The dollar slid to a multi-month low on Thursday after U.S. core inflation hit a three-year low and retail sales were flat, raising expectations of lower interest rates in the economy. largest economy in the world. US government bonds recovered after economic data along with the sell-off of Japanese bonds. The gap between US and Japanese 10-year government bond yields narrowed nearly 20bps this week. The DXY index recorded its biggest decline of the year, falling 0.75% and penetrating below the MA 200 line. DXY is currently trading around its 5-week low at 104.17 at the beginning of the Asian session.Shortby SantaTradeGold1
Bearish MACD Cross on 1M DXY Time-FrameOn the 1M Time-Frame there has been a bearish cross on the MACD indicator. Moving averages are above the zero level; however, downward momentum could push EMAs below the zero level.Shortby MostlyFXcharts0
DXY LongsI'm expecting a bull run targeting the marked out target. Once the first target is achieved i will be looking at how the market will react at that area to make decision on whether to keep on holding or not.Longby leparincaleb1
USD INDEX (DXY)Analysis Week - 22 Apr 2024 Daily - Range / Bullish Cloud (D) - Above Cloud Weekly - Range / Bullish Cloud (W) - Within Cloud Mid Term - Range ________________________________________________ Reaching a Target Area Soon, Be Patientby TY-TradingUpdated 1
DXY ACCUMULATES TO LONG Dxy sets in behavior to embar on the longing movement ... and the trend is being railed in a bullish channel ... on the higher timeframe #dxy is rifted to be a retracement to long ... hedge along as Akcapitals deciphers Gold market chart. follow for more insights , boost idea and surly make a comment on what your opinion or insights is Longby Ak_capitalist558
a bit long then great short!Hello every one. It's time for Dollar to rest. be happy (wink)by Alireza_KFUpdated 332
Small Account Challenge Day 3 Recap - SPY & PYPL LongMade some mistakes today, but glad to have another green day. Up about 15% on the account now in the first 3 days. I'll slowly ramp up the aggression and position size as I build a cushion. Could have been a $200+ day today, but it didn't work out that way unfortunately.Long06:54by AdvancedPlays1