Dow Jones FXCM Dollar Index
Hello, Friends! DXY is trading In way That I predicted previously And now the pair is retesting A hidden bank’s level So I think a bearish move will follow! SELL! ✅LIKE AND COMMENT MY IDEAS✅
USD FUNDAMENTAL OUTLOOK: BULLISH BASELINE Hawkish Fed policy remains a key driver for Dollar strength. With headline inflation >8%, the Fed has been pressured to tighten policy aggressively, hiking rates by 75bsp at their June meeting, and continuing with Quantitative Tightening. STIR markets suggests aggressive policy action pricing a terminal rate of...
✅DOLLAR INDEX is trading in an uptrend Along the rising support line Which makes me bullish biased And the pair is about to retest the rising support Thus, a rebound and a move up is expected With the target of retesting the level above LONG🚀 ✅Like and subscribe to never miss a new idea!✅
🎯DOLLAR levels where I would like to see my setup forms during the first 3 hours of LD and NY Sessions. Please have in your mind that this is my Intraday trading pre-plan. It means that it's not set and forget trade, this requires full focus during trading sessions. My reaction will depend on how the price will arrive at the level and there I will be looking for...
InterMarketAnalysis June 2022 could be name one of the worst months for investors, NASDAQ Composite is down -6.7%, OIL is down -3.1%, gold is down -0.85%, and cryptocurrency market is down -30% so far..! Some times you need to stay out and wait for good opportunities to come to you..! The DXY index on the other hand is +2.64% so far, which means USD became...
Hey traders, in this week we are monitoring DXY for a selling opportunity around 104.2 zone, once we will receive any bearish confirmation the trade will be executed. Trade safe, Joe.
DXY made a small bearish fake out from the pennant formation and is now rallying to the upside with momentum exactly as i projected in previous analysis - Crypto and US equities starting to roll over, hope you all capitalised from this
Premise still stands. Ascending channel, see part 1 in links
Hello,Traders! DXY is trading in an uptrend And the pair just broke The local falling resistance line So a further move up is to be expected Buy! Like, comment and subscribe to boost your trading! See other ideas below too!
I am shorting it since it will drop based on news. Keep a close view.
Dxy Engulfing Buy zone and Engulfing selling zone both mentioned on charts , can trade in both side zone after confirmation with in zone.
Price Technicals Dollar Index Price came off resistance around 105.00 levels later on settling in around 104.00 as middle term support during last weeks trading session. Yesterdays trading sessions saw some sort of break from support turned to resistnace on DXY around 104.00 level. LIKELY BEARS BUILD.
As you see in the 4H time frame, after an uptrend, price has made a symmetrical triangle which can be broken to both sides. The pattern was broken to the downside and price has been fixed below it. Currently, price is approaching to the support level around 103.850 which has pushed the price to the upside in the past. If price breaks this support level and...
Hello traders, Since the formation of the 3 swing highs which indicate a reversal in price, the price went into consolidation the entire of last week and respected the bearish Order block and also retested the breaker. The retest of the breaker signifies that more sell orders are being taken by the Institutional traders. Additionally, the high of last week was...
I think the next USD breakout might be coming. This would be a huge break of the 5 yr range in DXY Short EURUSD, AUDUSD, NZDUSD, and long USDCAD.
Here is our technical view for DXY. Our analysis is based on purely technical outlook. According to our drawing DXY is trading within a resistance cluster. Based on our analysis the price will start falling. Please, support our analysis with like and comment! ❤️ Please, support our work with like & comment! ❤️
- As per my Elliott Wave technical analysis - it looks like the massive impulse wave can be completed and we are now headed to a retracement. - On the weekly chart we have a shooting star - bearish candle with a long wick (PIN BAR)! - If we take a look at the RSI indicator on this chart, we can see a bullish divergence, which is a pretty strong bearish signal....