u.s.dollar index can be some corrective then it may continue it's bearish trend...
Recent Achievements: DXY has reached our previously set targets as mentioned in DXY Descent Alert: Path to 102.800 - 102.280 . Post-achievement, the focus was on determining the subsequent direction of DXY. Trend Line Breakthrough: Following its last ascent, DXY broke through the monthly trend line, a detail observable in our previous analyses, peaking...
The DXY is shoing a negative divergence here. Will it crack?
Im looking to get heavily long on the USDX when my rectangle is filled, the targets are as listed on the chart.
This Weekly FORECAST Opportunity for DXY. This setup trading idea is for swing. >> TAYOR Risk Factors: 1. Market conditions, unexpected news, or external events could impact the trade. 2. Always use risk management strategies to protect your capital.
Trading Idea 1) Find a FIBO slingshot 2) Check FIBO 61.80% level 3) Entry Point > 105.4/61.80% Chart time frame : C A) 15 min(1W-3M) B) 1 hr(3M-6M) C) 4 hr(6M-1year) D) 1 day(1-3years) Stock progress : B A) Keep rising over 61.80% resistance B) 61.80% resistance C) Hit the bottom D) Hit the top Stocks rise as they rise from support and fall from resistance....
Dollar has broken out of the Range with a Momentum on Friday during NFP. What do you think do is heading in the moment? Here is what the patterns says to me: We are currently into a monthly Correction, Weekly Double Top Pattern align with the Daily time-frame. Long story short the 4hr tells me that we were into a Range, and we broke below the range Impulsively...
The recent weak US data and last week’s dovish FOMC statement has seen the DXY ease and the index has pulled back (4th wave). The support level to watch now is the 50-day MA level of 104.54 and the 61.8% fibo retracement of 104.77. A failed break below this support range will allow the DXY to complete the 5-wave impulse on the chart which will take the DXY to...
Hello traders on the chart, this is what I'm seeing on the DXY(DOLLARINDEX). The DXY is on the zone of strong support based on technical and fundamentals also suggest a further push to the upside in the subsequent weeks. I'm Looking forward to buying the dollar against any other pair since it will be much stronger.
Monthly : The price has already created the MSS(M) in monthly, & there is Monthly BSL situated in 107.354. So I'm Bullish In monthly. If we have any bulish PDA in Daily our M-Bullish bias will be confirmed. Monthly Bias: Bullish Daily : In daily chart the price has been create the Daily MSS after taking W-FVG+ & the price has been tested the D-FVG+, so in...
it's been a while since my last post about how i think or my opinion regarding the DXY movement. as we saw last time candle dd 10/06/23 price pretty much has stopped from going further down then bounce back from discounted area taking the old high dd 4/12/23. however from my pov i see this as a fail take-over as price reach the fvg without leaving a strong...
we can see that in this zone of the SRSI the dollar makes its biggest downward move . The momentum looks to be dying and possible rolling over . next target at the bottom of the trend and if broken I expect a massive crash
Price playing on a weekly key zone. It has been swinging the whole week but my bias is still long. On the daily chart we have a buy confirmation entry in form of engulfing body with a complete bullish setup on the 4hr.
Here is my analyse on DXY and I'm on a good running profit. For those who did not catch this move, wait for a retest on the blue zone to execute a trade or once all entry are fulfilled.
The dollar index creates a bearish flag after the breakout of the 105.00 level. The market is ready to break the bearish flag because tomorrow is the federal interest rate and Powell's speech a big day. There is also a resistance level at 107.00. If the bearish flag breaks then the market moves toward resistance level.
✅DXY has formed a Bullish flag pattern While trading in an uptrend So IF we see a bullish Breakout then we will Be expecting a Strong bullish continuation LONG🚀 ✅Like and subscribe to never miss a new idea!✅
The US Dollar Index struggles to retain the rebound from last week’s low (105.41), but DXY may attempt to further retrace the decline from the November high (107.11) as a bull-flag formation takes shape. DXY Outlook DXY appears to be stuck in a narrow range after pushing the Relative Strength Index (RSI) into overbought territory for the first time in 2024,...
Analysis Week - 22 Apr 2024 Daily - Range / Bullish Cloud (D) - Above Cloud Weekly - Range / Bullish Cloud (W) - Within Cloud Mid Term - Range ________________________________________________ Reaching a Target Area Soon, Be Patient