US Dollar index Hello everyone! This is my dollar index analysis for the next couple months. If you have any questions, feel free to ask. Longby VincentFX951
DXY - Neutral - 1st Week of April I remain overall bullish on DXY. Q2 seasonality suggests that dxy should see lower prices. DXY continues to respect the Monthly Rejection Block CE two weeks in a row & now the weekly rejection block CE as well. Expecting a retracement into the Weekly BPR as my downside objective. by imjesstwoone2
DXY LONG BUYDXY is on a strong uptrend. As the market constantly prints new HHs and HLs. Currently, the market is pulling back a little after the last HH, which is the 50% Fib retracement level and local support too. If the market manages to sustain this confluence of selling, the next lower leg could go to a new HH. What do you think of this idea?Longby InfiniteY8
DOLLAR INDEX BUY NOW. Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watch list and see if the rules of your strategy are satisfied. Dear Traders, If you like this idea, do not forget to support it with a like and follow. PLZ! LIKE COMMAND AND SUBSCRIBEby AronnoFx3
The dollar index is in the crossroad of rising or fallingThe dollar index has once again hit the resistance of the downward trend line. It looks like the dollar index is forming a double top pattern. It is expected that the index will experience a fall from the range of 105.00 Breaking this range to the top will be an ominous sign for asset risk, and we should also wait for more currencies to fall against the dollar.Shortby PCMBrokers3311
Usd has appreciated and other speculation Usd appreciated by .4% from last month's close. While less than the previous month appreciation; it is still bullish. Interest wise the rate cuts if it happens show that the usd does not need external funding to stand alone. So going dovish based on the central bank shows stability. Jpy increasing it's interest on the otherhand makes me speculate that something is happening that i don't know yet but it is affecting the country. Because the one stable currency finally decided to change. And so it was not unexpected to see jpy depreciate. If 1 dollar can buy 1 apple turns to 1 dollae being able to buy 2 apples, it does not mean the person buying is cheap but that the value of dollar is strong. So long as the market reflects this properly, especially when the upcoming presidential elections come, then usd can only appreciate more. The carry trade will continue as long as usd interest is higher than others and if it become less, then we trade in the other direction. But as long as usd is used, no matter what, usd will remain king. Longby LittleSovi0
DXY - WeeklyDXY - Weekly For me, this chart is bullish, HL's and HH + symetric triangle breakoutLongby sfc951
DXYDXY bearish trend approaching with a minor push to the top might occur, I will be watching closely some major news coming up this week, I will keep the community updated.Shortby Forexkinfx0
DXYDXY bearish trend approaching a minor push to the top might occur, watching closely some Major news for this week coming up I will keep updating the community Shortby Forexkinfx2
Dollar Index (DXY): Bullish Outlook For Next Week 💲 Dollar Index is trading in a bullish trend. The price formed a nice bullish triangle on a 4h time frame, its resistance breakout is a strong bullish signal. The market will most likely keep growing next week. Next resistance - 104.5 ❤️Please, support my work with like, thank you!❤️ Longby VasilyTrader3316
DXY LOOKING LONGTechnically the DXY{Dollar index} is on the up trend. price has broken and retested the previous resistance on the H4 timeframe and now serving as a support. Let's expect more push to the upside during the coming weeks. Hence more sells on GBPUSD and EURUSD, Earlier on I posted a sell signal on EURUSD, it's based on this DXY analysis look.Longby Olivathetrader119
DXY during April till Beginning MayUS’s economic score was too GOOD and mostly more than expected on many forecast instruments. I believe that global economic’s turbulence gonna happened once more The Fed decides to adjust down their rate. Due to next FOMC and many forecasted of economic’s scores in April, i think the DXY will gonna trace the climbing lane then show the correction afterward.by djaya1681
Triangle Setup A possible triangle formation happening ... The structure looks sound !!!by FeelgoodFX1
DXY - Ranges overview Not much happening on DXY. We are cleanly trading within the same range. We've deviated the highs, closed back within the range and taken the sellside liquidity. And we are currently trading above the highs as we close the month. Will be interesting to see how we open the new month. IF we get a continuation the upside we should expect the market to hunt the liquidity sitting above 106's. (higher DXY = lower indices, stocks, crypto etc...) IF we fail to hold the current highs we should expect the market to close back within the range and trade lower towards the 100's where the sellside liquidity rests. (lower DXY = higher indices, stocks, crypto etc...) WAIT FOR THE MARKET TO SHOW YOU ITS HAND AND FOLLOW IT Stay safe and never risk more than 1-5% of your capital per trade. The following analysis is merely a price action based analysis and does not constitute financial advice in any form. by Patrick2707222
DOLLAR INDEX LONG TO $108 (UPDATE)📈It is Good Friday today which is why a lot of markets are closed & momentum is slow. But overall, DXY is moving nicely in our favour. After a retracement, buyers have now pushed the Dollar back to its previous short term high of $105. Much more upside expected in the coming quarter.Longby BA_Investments6
DXY in a critical area.. TVC:DXY - Is in a critical area now almost completing an ABCD rally. Why its so critical is that if it fails in this area then it will likely drop down to the 102.00 area. In turn this will likely give the Indices that one last push higher to complete patterns. If it starts rallying through the 104 level then we will likely see a run to the bigger upside pattern at 108-109 area which will give us a deeper correction in the Indices and likely GOLD. 🧐🧐 Big few days ahead.. 💰💰Shortby L_FUpdated 224
DOLLAR_INDX,DXY H4 29 March 2024💵 DOLLAR_INDX, H4 💵 29 March 2024 The Dollar Index received a boost, surging past its previous resistance level at 104.45, driven by a series of positive economic indicators released yesterday. The U.S. GDP growth rate exceeded market forecasts, registering at 3.4%, while Initial Jobless Claims dropped, suggesting a robust job market. This upbeat economic data has led market participants to temper their expectations for a Federal Reserve interest rate cut in 2024, underpinning the dollar's strengthened position. The Dollar Index has broken above the level at 104.45, suggesting a bullish bias signal for the index. Resistance level: 104.95, 105.40📉 Support level:104.00, 103.65📈Longby top_fx0
uptrend The continuation of the upward trend is expected to form until the specified resistance levels. Then, according to the behavior of the index at these levels, there will be a possibility of changing the trend. Crossing the green support zone can create a continuation of the downward trendLongby STPFOREX2
DXY sell idea then bigger BuysDXY broke Weekly Trend line. expect to sell to create LL lower lows at Liquidity Yearly trend line. Then bigger buys to upside.Shortby meldale69Updated 1
Higher High, Higher LowsI'm very hawkish on dxy simply because of technical analysis says higher highs, higher lows lows data has already been factored into price, I don't see the yen doing nothing about their situation. The crypto markets are due for a 30% or more correction. Come on people it's in our faces 2mar I'm hawkish bottom line.Longby AXXUMULATIONINC2
DXYDXY is expected to rise to the resistance level, correct, and rebound from there. This is my conservative prediction. This is my analysis. Good luck.Longby KechFx4
DXYWhat could happen if the DXY breaks the red trend line, thinking something good is unlikely.... The SP500 has not discounted it for a long time, the other currencies would collapse to levels at least their resistances.... the yields I understand that they should go up or maybe go down if there is fear in the market... we will know soonLongby Manzanex3
DXY short!!We got almost 5 waves up. Now looking for a bearish divergence on the RSI. Then a sick wave down to 94!! Lets see good luck!!Shortby G1D3onnUpdated 1128