US DOLLAR CURRENCY INDEX DXY

BJFprivate Premium

The weekly DXY chart appears to have bottomed and turning higher, which likely will lead to some profit taking pullback on Bitcoin and crypto overall, which is not unexpected here. I've outlined the zones here for where we could see more trouble for Bitcoin and crypto if the DXY pushes higher. Of course if we breakdown below support, and DXY that heads lower,...

f-73 Pro Updated 

DXY within an ascending channel. Pretty stretched already, with a TD count 12. Ongoing bearish divergence on RSI (unless canceled by a further push). A slowdown in MACD would likely trigger a cooldown from here. Meaning some sideways action and/or a pullback, towards the 101 mark eventually. Watch out for formation of some local high in July (or August). That...

CrypTrader31 Pro Updated 

In daily TF, the price structure shows the beginning of a correction after a rise of about 28% (from the support 90), confirmed by a triple top of DXY, a MACD triple top and a bearish divergence of RSI. In monthly TF, we have a strong uptrend due to a huge bullish divergence and a triple bottom.

BJFprivate Premium

The market market rally has been fueled by the dropping DXY, but it's now close to important support. Will the DXY rally from here? Are we being setup for a disappointing FOMC announcement that could crash the markets, and see the DXY shoot higher? Or are we about to see a DXY breakdown here, and a 'Melt Up' situation in crypto -- before seeing another leg down...

JICPT

Hello everyone. Dollar index has retreated from the high around 114 created in late September when investors expected inflation would be cooling soon. To make it clear, I also inserted U.S core CPI year-over-year data on the weekly chart. You can refer to the purple line. Obviously, The dollar index moved in line with the CPI data. Both topped around the same...

XRP-Jonny Pro

$41k is the measured move for Spring 2023. "Go Away in May." Lets hope DXY stays below the trend and crashes down.

This_Guhy Pro+

TLDR: Dollar go down: crypto go up. Introduction This is a pretty simple fundamental idea. The top chart has about five years of dollar price action on the daily chart with just the 50 and 200 Simple Moving averages. The pattern is pretty clear: Dollar go down and bitcoin go up. While Bitcoin is topping Total3, goes crazy. I decided to put total 3 in terms...

RS_CryptoAnalysis

DXY is at higher WMA, I believe this is time we saw slightly retracement at Crypto and Stock market I am anticipated that it will be bearish February, sideway March and then April we go green again!

Dark_Boulder Pro+

So how did US's inflation report fare on Thursday 12th of January and how will this take the by the hand? For now, t's still moving down but not as sharp as it's been climbing. A YoY decrease of 0.6% in CPI and a YoY decrease of 0.3% in Core CPI. However, if we look at the MoM data, it's barely moving down to the point that core inflation has even moved up!...

XRP-Jonny Pro

While DXY Retraces to the 0.702, Risk Assets rise and speculating an ABC correction to the 0.702FIB, and then back up. A Retrace near Mar/April may confirm "Go away in May" statement, Risk Assets go back down. A touch on the 100ma/0.50FIB and then the 200ma/0.702FIB.

BTCNeverDie

it's highly depending on FED Interest rate! I think we have a correction from orange box and about 12 months before BTC having, crypto main Bullrun will begin (Blue Brush). maybe it can make double top pattern and shake off crypto before real Bullrun starts. share your opinions with me.

find_x

A short-term drop before we turn bullish for the first quarter of the year.

swimmax

Watching the daily cross on DXY levels we are looking at 102.9x and 102.1x. Strong supports here that will take some effort to cross. Last night (1/10/23) we hit and held the 102.9 level we will see what the rest of the week brings.

BJFprivate Premium

As we know, the DXY has an inverse relationship to BTC and the overall crypto markets. The DXY is now dropping down below key support in the 103 region, and looks like it will head lower to 101 or below. If this continues, that's good for a continuation in the rally in BTC and the broader markets. However, if it holds here and pushes higher into the 106-108...

xtrader1 Pro+

- SEP FOMC meetings pivotal post-Covid ACCUMULATION: - From FOMC SEP 2020 until FOMC SEP 2021 price was accumulating in a range - From FOMC SEP 2021 until FOMC SEP 2022 price was trending up MARK UP: - Trend progressed in 3 COT-stages: 1. Re-accumulation (Large COT increase while price remains relatively depressed) 2. Mark Up (Limited COT increase while...

odoigabriel98

From my analysis….DXY know as the strength of the dollar about 4 weeks now and even more is been controlled by the bears due to its bearish movement…. Upon its bearish movement to the downside as a retracement will find a massive or major support in the price range of “102 “to “105”…..and immediately it gets to that price zone ..momentum is will start to leave or...

DoozerInvest Pro+

This chart lays out the different potential pivot areas for a bounce in the #DXY. Each pivot zone could be correlated with an emotional level of the market. We can see that the DXY has not yet reached the 0.618 Fibonacci retracement level. This obviously does not have to happen, however this could potentially outline that we are currently coming out of the anger...

Bixley

DXY (USDOLLAR) has definitely broken out bullishly, its just the question how bullish is it? I think I have found where the bulls want to go. The cancel emoji is the target. This completes the pattern that can be seen with the other cancel emoji and the hand down emoji being in the middle. This is all along the thick white diagonal line which wants to be hit by...