USDX POSSIBLE BUYease wait for a possible breakout from the pattern , As I see it forms a pullback pattern that could possible to continue its upper trend TP1- 103.938 TP2- 103.252Shortby Ink_ArtistUpdated 1
I Believe Dollar will Head Lower to 104.(5) to grab short term Liquidity, Before heading back up to 105.141 Range. Then, after Premium PD Arrays hit sell off for rest of Q2. Shortby OutlierTrading0
DXY !hello everyone, DXY has been bullish with all the positive USD news.. at the moment dxy reached the resistance level the price can either pull back to 1st or 2nd support depending on the market.. buyers can kick in since all pairs are falling against USD (mostly all major pair).. so far there is no confirmation on price being bearish... price need to break below 105.86 for bearish confirmation. good luckLongby baigxyUpdated 3
DXY (Dollar) Intra Day/Week Play - 27/05/2024On the monthly we can see that the dollar is on aan upward trend after breaking outu of it's previous range at 88.528 which has now become a key level of support. We have seen this extention continue to levels 113.016 and then returned back to create a range between 101.421 (lows) and 107.424 (highs) Price action is suggested to continue ranging to complete distributiob before heading to the downside to test the POC levels of 99.885 and possibly even further to 94.510 to test the bullish order block which has yet to be mitigated before continuing back on the upward trend. On the Weekly we can get a clearer picture of this range and noticeably see that supply side liquidity at 106.726 has been swept which futher confirms our assumption that price will continie to the downside to the POC levels at 99.955 On the 4 hour we are able to get an even cleared picture with some assumptions being made that will test the 105.051 levels to form a bearish head and shoulders pattern and then heading down to test support level of 104.043 as part of a change of character, only to retract back to retest previous support at 104.380 and continue to he downside to reach our POI at 102.517. Taking all these price movements into consideration it is very likely that we'll see the greenback test all these levels to head back int the demand zone area of 100.500 - 102.000 over the coming week. Let me know what you guys think. Hope you have a great week ahead. Happy Trading.by FXCapitalClub0
DXY 4 Hour Trading Journal Analysis DXY 4 Hour Trading Journal Analysis I suspected that Price would seek lower prices and seek my noted equal low and the equilibrium level. Sadly Price was on a rebalance hunt as it rebalanced the noted Daily SIBI. I anticipate for Price to rebalance the 4 IFVG at range 105 potentially reaching for my noted clean buy side target for the weeks high. I suspect that the DXY is bearing to the 50% coming into the seasonal market shift from a Premium to a Discount market. I suspect that Price may seek the lower prices targets I have noted for sell side targets for the week. by LParnell0
Dollar index lowerSince we didn't break Thursdays low,price could go up to Fridays inefficiency before pulling back down to a volume imbalance which is not visible on the chart,but it is just below my targetShortby princie670
DXY for saleSmart and classic technical analysis 1- A bearish price channel on a 4-hour frame 2- The presence of strong supply areas 3- Strong volume area 4- Your hormonal pattern appears negative, which supports selling 5- Saturation in the Relative Strength Index on the hourly and 4-hour frames Shortby ShakerTrading1
UNIQUE IDEA FOR DXYThe above outlook is from a technical approach and it is by no way financial adviceShortby Kush00
Usd potentially looking to head lowerHello fellow traders , my regular and new friends! Welcome and thanks for dropping by my post. USD could be heading for resumption of its down side? A relatively light week again. Let's see. On the flip side, Gbpusd Eurusd should be on my list to go on long Do check out my recorded video (in trading ideas) for the week to have more explanation in place. Do Like and Boost if you have learnt something and enjoyed the content, thank you! -- Get the right tools and an experienced Guide, you WILL navigate your way out of this "Dangerous Jungle"! -- ********************************************************************* Disclaimers: The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes. ********************************************************************* Shortby Shadowing_The_Big_Boys0
USD about to plunge and VIX spike Q4/2024 adding fuel for PMs#VIX (Black) too quiet against flat #USD. Expecting VIX to spike to 120% area against falling USD Index Q4/2024.Shortby LOWERCOSTA0
possibility of uptrend As long as the index fluctuates above the current support range, the continuation of the upward trend is likely. It is expected to change the trend in the red resistance range and witness the beginning of the downward trendLongby STPFOREX0
a change in the market for the summerstocks, commodities + crypto all are dropping, the big boys pulling money out even the safe heaven gold because its time for the DXY to break out out here, its been like over a year and the news is in favour for the DXY yet its down. now all the technical's and fundamental's are set in stone its time for the DXY to ripLongby DoubleDollars0070
DXY Bull FlagDXY will be an important watch moving forward along with TNX. DXY had been weakening for a while but looks ready to come roaring back. This will put a lot of pressure on stocks and other things such as the Yen. Bank of Japan will have to intervene again eventually if this is a real sell off.Longby AdvancedPlays0
DXY - Strong buy on weekly and monthlyEURUSD dumped so hard back in the last quarter of 2022. It's time to revisit these levels and targets 1 & 2 are only inversely logical for DXY. Disclaimer: These are not trading signals. Trade at your own risk! Longby TulpenFieber0
Last week DOLLAR was Bearish this week DOLLAR Bullish...?TVC:DXY "It's not the size of the dog in the fight, but the size of the fight in the dog!" -Archie Griffin Last week the Dollar was str8 bearish with little to any bullish movement... Now that sellers have pushed price all the way down into a HTF Daily Demand Zone buyers came in at the end and pushed the dollar slightly back up... Now that price is currently trading above a Minor Support Level ($104.440) let' see if buyers can properly defend the demand/support levels and continue for higher pricing for the DOLLAR... 1) Sellers created a 4Hr CHoCh in Price and Mitigated the HTF Daily Demand Zone... 2) Now that HTF Demand Zone has been mitigated lets see if buyers can push price back up into ($105.000) which is a Major Key Level in the Market!! Lets stay focused and Manage as Professionals... #BHM500K #NewERA #Champions Longby TreyHighPwrUpdated 1
dollar analysisUSD long term analysis on monthly and weekly time frame usd bullish till reaches 105.6 based on ict concepts and analysisLongby Trendzone10
USD INDEX (DXY)... Bias is BEARISH!Bias is Bearish. Price is still in a -FVG, though it has almost filled it. But until there is a candle close on a daily basis, my bias will remain bearish. My view is the 5 days of bullish PA is simply just a retracement... an internal move after a BOS. The low resistance liquidity run below the previous lows can potentially draw price lower. There is a fair chance that today's high will be swept before it turns around.Shortby RT_MoneyUpdated 110
Dollar Index (DXY) After FOMC MeetingTechnical Analysis: The U.S. Dollar Index (DXY) is presenting a nuanced technical scenario, having established a trading channel over recent weeks. Currently, the DXY finds itself probing the 104.30 resistance level after rallying from deeper support levels. The price action within this channel is crucial as it challenges the 105.00 area, which has consistently acted as a support previously in the past. Market Context: The backdrop includes a recent hawkish tilt in the Fed's meeting minutes which has provided some support to the dollar. However, sticky inflation remains a headwind, tempering aggressive bullish sentiments. This dichotomy creates a delicate balance for the DXY as it navigates between macroeconomic influences and market sentiment. Our Position: We are closely monitoring the DXY’s interaction with the established resistance and support zones within its trading channel. The index's ability to sustain above the 105.00 level could signal a continuation of the upward trajectory, potentially challenging higher resistance levels. Conversely, a failure to maintain this momentum may see the DXY retracing towards the lower boundary of the channel near the 104.00 mark. Key Levels to Watch: - Resistance: 104.9/105.00 - critical levels that could dictate short-term movements. - Support: 104.20/104.00 - a break below this could lead to further declines towards more substantive support zones. Upcoming Economic Indicators: With unemployment claims, home sales data, and consumer sentiment figures due in the U.S., traders should brace for potential volatility. These data could provide further clarity on the economic landscape and influence the Fed's policy decisions moving forward. Conclusion: Investors should remain vigilant, considering both the technical setup and forthcoming economic data. The interplay between a hawkish Federal Reserve and persistent inflation offers a complex trading environment for the DXY. Adjusting strategies in response to the breaking of key technical levels or new economic insights will be essential for navigating the coming sessions effectively.Shortby TradingFXio0
DXY - 23 May 2024Since 16 May 2024, price open low but trade higher. Along the way up, price didn't experience strong resistance from above, not until it reaches 104.35, even there is some remaining selling pressure at that level but we can clearly see there isn't any follow through afterwards. Price hold, and Monday open price again start to trade higher slowly and gradually. Wednesday LD we start to see some bullish intention, a minor acceleration, this is a sign of continuous SOS. In short term, I will expect a higher prices from here.by FX_ArteezZ1
DXY Dollar Looks Bearish to 104.080I'm bearish on DXY dollar down to 104.080 (previous 2 week candle low) I view the current move up in price as a potential opportunity to short DXY. Intermediate timeframe (h8) is delivering bullish (closing above the highs of down close candles). In this scenario, I watch for entries above fractal h8 swing highs, or if there is a bearish h8 cisd, enter on pullbacks into bearish arrays.Shortby Tradius_TradesUpdated 1
Update Dxy ideaTVC:DXY I have changed my idea.Here is the updated one.DXY TRY TO REACH RANGE HIGH.Longby H-A_T0
DXY Today on FED meetingAt the time of this writing today is FED meeting, however i'm still neatural to bearish on DXY unless it can get itself higher than 105 again Jobless Claims tomorrow Anyway, we'll see what happensby GlassICE0