- You can see on the chart last week price was ranging sideways and closed with a weak bullish candle lefting behind an imbalance/FVG. - We may predict price to retrace to 105.500 levels first to rebalance price delivery and then we could see a swing high breakout at 107.500 levels.
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Pair : DXY Index Description : Impulse Correction RSI - Divergence Symmetrical Triangle Break of Structure Bullish Channel as an Corrective Pattern in Short Time Frame
In our last analysis, the DXY TVC:DXY continued its upward movement. actually due to geopolitical crisis, the market was betting on stronger dollar. We believe that this week is going to be calm and slow market. we are still bullish on US dollar. Our technical view has been shown in the chart. If you like it then Support us by Like, Following, and...
DXY elliot wave update keep watch and get some Predictions
The dollar continues to stabilize above 105.5, suggesting the dollar's price continues to strengthen amid rising political tensions. At the same time strengthen the dollar's position ahead of events.
DXY 1D Bulloh flag possibly upto 107 and higher I'm not surprised since we're almost at both a 3rd world war and a recession that USD would wanna go higher
If you read the original T.V. Minute, "Mid-Term outlook," referenced below, you know we have stuck to the path, UNTIL recently, where we seem to be caught in a correction that just will not end. I am counting this correction as the Minute ((ii)), and you can see the count highlighted in the chart. My thought is that we have simply not had a single clear 5-wave...
DXY showing support, i dont trade this index, but have used this to support current trading against other pairs
The dollar index moved in a triangle pattern. Last week, the market tested his upper trendline. If the market tests the upper trendline then it is 106.500 level. Another thing is there is a resistance and supply area at 107.00 level. if the market does not respect the upper trendline then further move to 107.00 level and then reject.
Monthly: In the monthly Price has been break the monthly BPR, so now the target it to go towards the M-BSL(107.354) Monthly Bias: Bullish Daily: The price has been brake the M-BPR, with a clear bulish D-MSS, along with D-FVG, so the momentum of the price is bulish, now the price has been taken the D-FVG+ so we will anticipate the price will go upward to wards...
we notice that there is processe of accumulation of the dollar index
The US Dollar Index may continue to retrace the decline from the November high (107.11) as it extends the series of higher highs and lows from last week. DXY Outlook Keep in mind, DXY bounced back from the 50-Day SMA (104.13) to stage a five-day rally, with the advance in the index pushing the Relative Strength Index (RSI) into overbought territory for the...
19th April DXY: Possible retest of 106 support level, bounce to remain within 106 and 106.40 range. (If 106 broken, could trade down to 105.75) NZDUSD: Sell 0.5920 SL 25 TP 55 AUDUSD: Sell 0.6410 SL 20 TP 55 USDJPY: Sell 154.65 SL 20 TP 80 GBPUSD: Buy 1.2440 SL 25 TP 75 Or Sell 1.2470 SL 20 TP 45 EURUSD: Buy 1.0670 SL 20 TP 55 USDCHF: Sell 0.9055 SL 20 TP...
There are many facets to dictating near term direction on dxy. Using larger time frame weeklies, the low of week was 6 nov retest weekly topside. A near term correction from a rejection wick at 106.5 made some sense and a scalp in the opposite direction performed well. The objective was to form a new weekly low. looking at the reaction of the red week top from...
After reaching its important price range, the Dollar Index experienced a downward movement. It seems that after a retest of the price range of 105.86 - 106, it will start its downward movement towards 105.1.
1. Massive H&S on DXY Daily. 2. I believe DXY like oil will now resume it's macro downtrend. 3. Exact same pattern on the USOIL is forming. 4. 95-97 is the target for the last and most exciting stage of the bull market. 5. Risk on. 6. Alts in particular will do very well post halving.
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 DXY has been overall bullish , trading within the rising channel in red. Currently, DXY is approaching the upper bound of the channel acting as a non-horizontal resistance. Moreover, it is retesting a strong resistance zone marked in green. 🏹 Thus, the highlighted red...