TVC:DXY OANDA:XAUUSD TVC:GOLD
Confirmation above the channel ceiling target 103.70....104.20 will be touched and simultaneously gold will start to fall.
📈💰 DXY Review on TradingView 💰📈
DXY has sparked excitement with its recent buy-side imbalance, signaling potential trading opportunities for savvy investors. 🚀 With fluctuations occurring in lower time frames, traders are eyeing targets as mentioned in the chart. 🎯 This surge in activity has traders buzzing, eagerly anticipating potential gains. 📈💸 Dive into DXY...
TVC:DXY
Considering the current economic indicators, the upcoming CPI report could reflect a continued trend of moderate inflation. The stabilization of the currency around 103 and the slight dip in stock market points from 5157 to 5128 suggest cautious but not pessimistic market sentiment, which may not exert strong pressure on the dollar. While GDP growth has...
The US Dollar locks in gains for this week after hotter-than-expected US CPI and PPI figures. Traders are pushing the initial Fed rate cut towards September. The US Dollar Index trades at a crucial pivotal level that could unlock 104.00.
The US Dollar Index, also known as DXY, is used by traders seeking a measure of the value of USD against a basket of currencies...
In contrast, the well-known hawk Klaas Knot mentioned June as the most likely meeting with another two cuts favoured in September and December but also opened the door to cuts before June if the data justifies the need for one. Closer to the center of the spectrum, Villeroy and Wunsch communicated a cautious approach ought to be adopted and the governing council...
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...
For me the Dollar keeps telling me a different story for the last few months! Now it's forming an interesting wedge on the daily timeframe with 2 wick/pin touches & immediately bounced on both trendlines! Whichever direction the price goes, it will trend for a while.
I'm assuming it will breakout to the upside due to the weakness in the eurozone & the instability...
-Break of structure
-Price will want to arrive at equilibrium
-Short sellers will be faced with a lot of resistance
due to daily IFVG, and weekly fvg
-We have taken a huge pool of sell side liquidty
-Buyside liquidity at 104.292 could be targeted for this week
Hey Traders. in tomorrow's trading session we are monitoring DXY around 103.300 zone, DXY is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 103.300 support area.
Trade safe, Joe.
Using technical Analysis and Price action I have came to the conclusion that this move currently is bullish attempting to complete a D extension for a big Harmonic Bearish Butterfly. While its at it its also creating a Bearish ABCD downside and touching a major Supply level.
--Currently DXY has formed a Bullish Cypher that is currently playing out which should...
ello fellow traders , my regular and new friends!
Welcome and thanks for dropping by my post.
Usd did what it should be last week to hold and break higher.
After a week of pullback is it on track to go down again?no crystal ball here..but will watch the price action and the avalanche of high impact news coming this coming wee!
Do check out my stream video for...
The Dollar Index is nearing a key resistance range of 103.81 - 103.61, and how the price reacts in this area will dictate its future direction.
📈A breakout above this range and a 4-hour candle closing above it would confirm a long-term bullish trend and likely lead to a bullish rally.
📉On the other hand, if the price fails to break above the resistance level,...
Price is about to complete its correctional wave on HTF. currently we are seeing a rally towards the FVG. This should trigger a sell in the coming weeks to the FVG below, which will complete the correction wave B to proceed with the rally to take out the significant high for correctional wave A to form wave C. In hindsight, DXY should be bearish, but the...
