- Price swept the liquidity below 102.700 forming a full retest at 102.0 demand zone also rebalancing the gab at 102.600. - Strong bullish closure with last PPI news lifting behind fair value gab (Strong Bullish). * We may see a rebalance with market opening to FVG targeting the first high at 104.300 and 105.0 as an. extreme target.
This weekly candle can be the death of crypto as we know it. Major correction, dxy could pump causing crypto to dump. It's alot of red news this month that can send dxy to the mf sky and crypto to the floor. Let's see if dxy continues its uptrend. Sheesh .. 106.952 SMASH, JP ain't playing
I'm closely monitoring the DXY (US Dollar Index) for indications of the dollar's trajectory into the weekend and early next week. The US dollar's influence on global markets makes the DXY a critical reference point for traders. Given the strong correlation between many currency pairs and the US dollar, the DXY's current position at a key resistance level...
Check previous idea from the bottom projecting DXY back to 102. This is looking good and the upwards targets are now 105.5 range near at the current yearly high. The 101.5 resistance was blasted through and the initial arrow up is playing out as a trend line nicely. Once the next level around 102 hits the last level gained needs to hold on a retrace for...
Similar to bonds, Monday was the day that printed a bullish order block whilst the following days leading into the close for this week @ 104.672. We have been bullish from the 8th March 2024 with the psychological number 105 being in the cards. I will not be fading the possibility of a minor retracement to the daily fair value gap located at...
Day late lol but here is the Weekly breakdown on DXY, US30, Gold and of course my favorite Forex. News to look out for this week is ADP Non Farm and of course Friday NFP ( Non Farm Payroll) Give a breakdown and analysis of all above.
The US DOLLAR aka The Honey Badger is trying to say no to the Artificial Intelligence craze. A breakout of this resistance will send tech stocks to October 2023 lows, at the very least.
✅The DXY index has succeeded in breaking the 🔴 Resistance zone($104.27-$103.80) 🔴. 📈From the point of view of Classical Technical Analysis , DXY seems to have succeeded in forming an Ascending Broadening Wedge Pattern . Of course, we must wait for the reaction to the upper line of this pattern . 🔔I expect the DXY index to rise to at least 🟡 Potential...
Price action analysis for Dollar Index. Important key levels. Potential scenarios. Trading plan. ❤️Please, support this video with like and comment!❤️
Dxy is bullish after red news day. Happy New Year. Beginning of Q2 Bullish so far. Crypto markets are about to Crash if this continues.
As We Talked in The Previous Analysis: The US Dollar Index Reached a Support Level. The Resistance Line is Broken! Currently, The Market Broke The Resistance Level, This Key Level Becomes a New Support Level. So I Expect a Bullish Move 📈 TARGET: 104.810🎯
Pair : DXY Index Description : Bullish Channel as an Corrective Pattern in Short Time Frame Double Top RSI - Divergence Elliot Waves - Completed " 12345 " Impulsive Waves and " AB " Corrective Waves Break of Structure
DXY is in the main supply zone. The month of March did NOT break Feb high. We may start to see some signs of a bearish trend this month. However, we are so so close to the monthly orderblock. I will be looking to see if the Dollar will continue to drop
💵 DOLLAR_INDX, H4 💵 1 April 2024 The Dollar Index continued its upward trajectory against a basket of major currencies during this holiday trading session, bolstered by hawkish comments from Federal Reserve members and robust inflation data. Fed Governor Christopher Waller's assertion that recent disappointing inflation figures support the case for maintaining...
As long as the indicator fluctuates above the green support range, it will be possible to continue the upward trend up to the indicated resistance levels. If the price crosses the support range, the corrective process will be possible up to the specified support levels
Hey Traders, in today's trading session we are monitoring DXY For a buying opportunity around 104.400 zone, DXY is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 104.400 support and resistance area. Trade safe, Joe.
Exit from the downward trend and the target is specified. Be profitable and at the same time be careful in buying gold for now