DXY - BULLISH SCENARIO 📈Hello Traders ! On The Daily Time Frame, The US Dollar Index Reached a Support Level. Currently, The Resistance Line is Broken! So, I Expect a Bullish Scenario: If The Price Breaks and Closes Above The Resistance Level ! We Will See a Bullish Move... TARGET: 104.810🎯Longby Hsan_BenhmedUpdated 5513
Dollar Index (DXY): Bullish Imbalance & Bullish Outlook 💵 Dollar Index broke and closed above a key daily horizontal resistance, forming a strong bullish imbalance. The broken structure turned into a demand zone. I anticipate more growth. Next resistance - 104.85 ❤️Please, support my work with like, thank you!❤️ Longby VasilyTrader115
DXY - bearish dollar after retest, divergence also hereAfter break of uptrend channel DXY moving to upside. For me it is retest. Also on H4 we see bearish divergency - this is also good sign of reversing price. After dropping to first local support it can go to retest upper local support , if price will decline it me expecting big drop to daily support. Shortby traderstube5
DXYDXY IS ON A ROLL , my friends and more to push but before that we need watch for another small pull back before the next rally zones to look at 104.646/868Longby Forexkinfx1
DXY : A bull run?Before anything , I have spent 8 years navigating the financial markets, with Level 3 CFA and a Master's in Finance under my belt, I've seen my fair share of trends. The value of the US Dollar Index is influenced by several factors, including decisions by the Federal Reserve (Fed), US government actions, and the overall health of the US economy. The Fed's monetary policy, statements by the US administration, and US economic data all play a role in how strong the US dollar is compared to other currencies. and you can check this link and take a look on the technical bias: www.investing.com As we can see a Resistance level at 104.42-104.45 and a Support level powered by a fair value gap on daily time frame at 103.2-103.8.Longby theegxtrader5
DXY Price analysis 16-Mar-2024Daily: The price hasn't been able to closed above the D-FVG-CE, there has been W-FVG- has been created, So we could anticipate that in the upcoming week we could test the W-FVG- then go towards to the downward direction. Daily Bias: Bearish. Shortby Trader_PKRUpdated 24
DXY price Analysis-19 Mar 2024Daily: The price has not respect the W-FVG & D-FVG, if we have daily closing above the W-FVG-103.606, then we can anticipate the price will go towards the D-BSL 104.292. Daily Bias: BulishLongby Trader_PKRUpdated 26
DXY looking to stay strong through out 2024(top Down Analysis) In our previous analysis We could see DXY on a bull run after forming double bottom pattern on a monthly time. DXY looking to stay strong through this year. A break of the counter trend line and $106 see level, the next key zone will be $114-120Longby Money_PipsUpdated 1129
DXY (DOLLAR) IS TRYING TO RECOVER, (READ CAPTION)The dollar is trying to recover in today's trading from the US Federal Reserve's strike The US dollar achieved a modest rise during trading on Thursday, as the green currency attempted to recover from the losses incurred last session as a result of negative federal developments. In this regard, the dollar incurred strong daily losses at the end of yesterday’s session, estimated at about 0.43%, affected by the less stringent statements of US Federal Reserve Governor Jerome Powell, which he made yesterday evening, as Jerome Powell said that postponing the interest rate reduction step may harm the US economy, It is expected that the interest rate reduction cycle will begin in the second half of this year, while hinting that despite the strong conditions in the labour market and the outstanding performance of the US economy, this will not prevent the US Federal Reserve from taking interest rate reduction measures. This coincided with the pressures facing the dollar at that time immediately after the release of economic forecasts by the US Federal Reserve, which indicated the possibility of reducing US interest rates three times this year, which means that the US Federal Reserve did not take into account the rise in inflation rates during the past two months, and here it is worth noting. Pointing out that the markets now see a 65% chance that the US Federal Reserve will start cutting interest rates at the June meeting, according to the performance of tracking federal interest rates issued by the CME Group. If you like this informative data and technical analyse please support my ideas and follow thanks for kindness.Longby Alexview009Updated 30
DOLLAR INDEX LONG TO $108 (UPDATE)📈The DXY is moving up very nicely😍 FOMC manipulated the markets by pushing it down, trapping in sellers, then pushed back up again in our direction. Much more upside to come over the next few weeks. Longby BA_Investments116
DXY Bullish Narative Bullish, 100 reasons why Tradingview asking for a long description, cba typing one so yeah...Longby DannyKhan131
TRADING EDUCATION FROM A SIX FIGURE FUNDED TRADER!Why high volume order blocks created by high volatile news are the best and most well respected order blocks. Price creates a order block with untapped orders due to volatile news. Following this you have price reenter this area triggering these orders and tying it in with FOMC creating a strong correlation with USD pairs.by Theintuitontrader1
DXY hello everyone, price has reached the major support area, the price is starting to pick up from the support area, price will likely test 104.2 or above if the resistance breakout.. goodluckLongby baigxyUpdated 26
Mc Donald pattern on DXY ? Fundamental, precious metal, bond yield, let see if the DXY will fall to complete the ''M'' patternShortby ianmercier812
Dxy now bearish trend Hey there on dxy with 1h TF shows that it's continue now bearish trend so we expect that can retracement area to sell area will be short here Shortby DvsTraderfirm0