DXY Technical Analysis: Bearish Gartley Pattern Signals Short-Term Reversals The DXY (U.S. Dollar Index) has recently completed a bearish Gartley pattern, suggesting the potential for a short-term reversal in trend. The DXY may also test the 106.50 level before resuming its downward movement. Focus on FOMC: Since the pattern’s completion, market attention has...
Hi Traders ! On The Daily Time Frame: The Dollar Index Formed a Double TOP Pattern. The Neckline is Broken ! So, I Expect a Bearish Move 📉. __________ TARGET: 105.000🎯
Technically speaking USD has been ranging from 100 to 105 for a long time. it had an up break twice but got rejected. This time is different and that is due to the break not getting rejected. Market move showing a big bull run incoming targeting 110 area. Expecting FED to keep rates steady due to GREEN CPI readings making them kind of unable to do so. The only way...
doubt this bubba has lefs expecting a reisting of breakout area followed by a loss of support resulting in a deviation IF not then big hammer above is where we would likely have tonnes of liquidity and reverse there above that God help us:)
Hello my fellow trader, financial market analyst, Cryptocurrency lover; readers and supporters, how are you feeling today? Conclusion? 👉 The DXY is bullish! (You know what this means?) Let's read the chart together for learning purposes, fun and entertainment, or just to clear any doubts regarding my conclusion statement. Feel free to boost before...
Hey folks, Exciting developments in the world of trading! 📈📉 The dollar index just made a significant move, breaking and closing below a major daily support level. 🚀 What's more intriguing is the response afterward—a bullish retest that's met with a strong bearish reaction. 🐻💥 This could be a game-changer, indicating a potential downward trend in the dollar...
Price action analysis for DXY. Important key levels. Potential scenarios ahead of FED interest rate decision. ❤️Please, support my work with like, thank you!❤️
30th April DXY: Further upside to 106 area, needs to break 106.10 to climb to 106.40 NZDUSD: Sell 0.5925 SL 20 TP 60 (Hesitation at 0.59) AUDUSD: Buy 0.6550 SL 20 TP 65 USDJPY: Chill for now, Sell 154.80 SL 30 TP 110 GBPUSD: Buy 1.2575 SL 20 TP 70 EURUSD: Sell 1.0710 SL 20 TP 45 USDCHF: Climb to 0.9150 and possibly consolidate USDCAD: Buy 1.3720 SL 20 TP...
🏃♂️The DXY index is moving in the Ascending Channel and seems to have broken the 🔴 Heavy Resistance zone($105.88-$104.65) 🔴, and is currently moving in a small Descending Channel and making a pullback to this zone. 🌊According to the theory of Elliott waves , it seems that the DXY index has succeeded in completing the Zigzag correction(ABC/5-3-5) inside...
We expect DXY to rally this week, our first target is the old high at 106.20. If the dollar stays strong, we have even higher upside targets of 106.5 and 107.20 in the near future. A higher dollar suggest a risk off scenario, hence we could see lower prices in other assets eventually. This is no financial advise! Do not risk real money on any idea published by us.
2nd May DXY: Consolidate along 105.50, Look for price to break 105.50, trade down to 105.30. NZDUSD: Buy 0.5960 SL 20 TP 50 AUDUSD: Buy 0.6590 SL 25 TP 65 USDJPY: Sell 154.80 SL 50 TP 180 GBPUSD: Buy 1.2570 SL 40 TP 80 EURUSD: Watch the resistance level Buy 1.0750 SL 30 TP 70 or Sell 1.0715 SL 30 TP 65 USDCHF: Sell 0.9130 SL 20 TP 75 USDCAD: At the support...
DXY have been making a falling wedge and we already had a breakout from the buyside during the fomc and completed target from the upside now the price has been creating new lows am expecting nice drop to 103.800 probably during NFP tomorrow...... Thats my DXY ANALYSIS EXPECTATIONS .............
Price action analysis for Dollar Index. Important key levels. Directional bias. Predictions and forecast. ❤️Please, support my work with like, thank you!❤️
Expecting lower prices on the DXY this coming week backed up by fed rates....
Market Maker Buy model spotted on the DXY. Also, we can see engineered liquidity in the form of equal highs and then the final high from October. Once the price dips to the D1 FVG, I expect inverted FVG to support price and reversal here then we can have approximately 2 weeks of up move from here. This must work because the guy who invented this was kidnapped...
DXY - LONG NFP POSSIBLE MOVE Dxy can push up for nfp, risk small and trade accordingly
The DXY has made a bullish reaction off the pivot and could potentially bounce higher towards the 1st resistance. Pivot: 105.52 1st Support: 105.08 1st Resistance: 106.29 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable...
The US dollar will continue to rise with decisions that overshadow the interest rate reduction expectation until the US dollar announces its decision to reduce interest rates. The American government stands at a critical point between crisis and growth. Even though it is reaching a crisis point in terms of debt and the course of the world, it is trying to keep...