DXY 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...
DXY< GOLD < GBPUSD analysis and account performance, Enjoy, and trade safe
Backed up by fundamentals, negative correlation to us30, spx500 and nas100
some volatility and we continue the nuke to the magnet post fomc 200 ema catching up so should see a reaction there before further downside
On the morning of May 15, the State Bank (SBV) announced the central exchange rate USD/VND at 24,269 VND, an increase of 3 VND. The exchange rate range allowed for transactions at Commercial Banks ranges from 23,400 - 25,450 VND. The USD/VND exchange rate was also brought to the trading range of 23,400 - 25,450 VND by the SBV Exchange. This morning's exchange...
we see a bearish continuation and i thought it would be nice if we can catch the next bearish impuls down
Currently 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.
Dxy 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 ✨
The dollar has made a big bullish reaction during the NFP. The whole week it was trading up now we are getting the first pullback, I think it can dip just to the discount and continue up as stated on this idea below. Always follow these rules - Accumulation / Manipulation / Distribution - No liquidity raid = No trade - Never buy high and never sell...
The 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.
This week we have red folder news Tues - Thursday. We will be having tons of volatility from these news. Be patience and wait on your setup. Until my tread line is broken, i am still bullish on DXY. My target is 106.00. Have a good week.
Day expected to give a temporary push to the upside before supply takes over and price falls. These sells may originate from our first entry level at Alta order block, but we may clear those highs and grab liquidity first before continuing down (entry 2).
After breaking a key support at 105, we can expect a decline to 103.9 for the Dollar Index.
Greetings Traders, I'm observing a sustained bullish institutional order flow in the Dollar, targeting the weekly and monthly buy stops as my buy-side objectives. Currently, we're operating within discount prices, having rebalanced the daily discount Fair Value Gap (FVG) and tapped into the mitigation block, a zone of institutional support. Additionally, price...
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...
possible recovery for us dollar. possible target : 108+ good luck.
Looking at the weakness the DXY is experiencing on the Daily and the H4, we are using the the 3-wave pattern to complete at the bottom of the recently formed swing low as this drop is also fueled by the rally in Gold and stock market.
This 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.