U.S. Dollar Index Fundamental Analysis By : Masih Rezvani_Ph.D 26.01.2023 The U.S. Dollar Index (DXY) declined by 0.05% yesterday as data showed that U.S. business activity has been shrinking for the seventh month. Possible effects for traders: Although the U.S. Manufacturing and Service PMIs were below the 50 mark, indicating a contraction in business activity,...
With the dollar forming a wedge pattern on the 15Min chart and its sort of consolidation in the demand zone at 101.529 and 101.709 with the confluence of a structure level at 101.584 , I'm basically looking to get some Long entries in with SL just below the demand zone and TP close to the previous high at 102.400...
A break in the market structure is a strong signal. Especially if it comes from a higher timeframe level, but how could you know that a new low will not come? You need to see a change in the state of the delivery. For a CSD, first look at Time, then Delivery. An example of a CSD is a price-fully filled fair value gap. On the charts, you can see that gap was not...
from the look of things GOLD is actually not slowing down the bullish momentum is still aggressive... we might see GOLD touch 2000 soon
Probably a positive fluctuation in the dollar index and correction of crypto and...
Ascending triangle behavior on the Dollar general! Lesgo!!!! Bitcorn is doomed! Tulip Mania!
More touching, weaker it gets $DJI back at top range $NDX retesting top range $BTC also at top range #Dollar in danger, please see our post on $DXY not long ago, support levels Should be back, latest Friday Have a great rest of day! $DIA $QQQ #BTC #Crypto #stocks
✅DXY is going down to retest a horizontal support Which makes me locally bullish biased And I think that we will see a rebound And a move up from the level Towards the target above LONG🚀 ✅Like and subscribe to never miss a new idea!✅
All quote Dollar currency pairs to rally once DXY confirms a market structure shift to the sellside by breaking forcefully those swing lows marked. "
Hello friends, I hope you are well The dollar index is still in a falling wedge pattern I think we can finally see the dollar from the top of this falling wedge pattern on Thursday going out
All in the video. Watch for a pullback this week, maybe starting tonight, maybe starting Monday or Tuesday. A little more chop into big tech earnings in early February is likely. Gold looks strong but the Dollar is warning of a reversal soon. Oil is a short still and should have trouble in the 83 area.... Good luck!
DXY - Classic bullish setup - Our team expects growth SUGGESTED TRADE: Swing Trade Buy DXY Entry - 101.815 Stop - 101.016 Take - 103.010 Our Risk - 1% ❤️ Please, support our work with like & comment! ❤️
We have descending triangle which is bearish mostly but macd indicate that it might break it above... If the support doesnt hold we are most likely to see 100 levels
DXY: What is The Dollar Index Showing Now? During these days we can see that the Dollar index is not clear at all about the next move. Yesterday the price created a breakout from the triangle pattern but it is not clear at all if the price will continue with the bullish movement after the breakout or if the price will invalidate the pattern. For the moment...
Hi guys, we are so near to see a fall in Dxy. If this happen in the next weeks, we could see a big rally on Risk On asset, like tech and crypto. Obviously this will be invalidated from Fed (because high interest rates) and Rsi will stay above Ma. Let's see.
Keeping an eye on DXY this week, with the petroleum stocks being announced soon as well im keen to see what may happen. I do think we may see a small move up followed by a move down however i could be completely wrong. There was a nice climb yesterday. good to keep an eye on, also watching XAUUSD, do think a small move down to 1920 then a jump on to 1939 may be...
Hello, Friends! After some time of sending us mixed signals DXY is finally giving us a solid bullish bias And judging by the price action at the lower timeframes The pair is about to go up! BUY! ✅LIKE AND COMMENT MY IDEAS✅
The dollar index. A person asked if I traded the DXY and I told him yes. As you can see the market is quite confused on what to do so guys in times like this we're gonna be patient. This is why the market(USD pairs) are quite confused across board. So be patient the market only rewards the patient and skillful. Also all USD pairs i trade are in at major resistance...