Viper Memorial Day Weekly update Our weekly market breakdown holiday special! We break down why holiday weekends it's good to turn the markets off and enjoy your long weekend. Then we break down the upcoming week. We cover DXy, US30, Gold and of course our gold idea GBPJPY enjoy!!!20:39by Bowersbtc221
USD INDEX (DXY) Weekly Forex Forecast... BEARISH!Bias is Bearish. Looking for price to close below 104.00, forming -FVGs along the way.Short07:27by RT_Money2
Is King Dollar poised for a flush ?Possible H&S formation on the DXY. These formations do not always work out.... But interesting to watch since it would have profound implications on Crypto Assets and Prescious Metals Mining companies.... I am bullish on all the above, especially on PM since the Gold / Silver ratio recently had a major break down.Shortby Dangermousebanana3
Bearish DXYMonthly: 1. Direction: Bearish 2. Reasons: 1. price is respecting OB. 2. A good Displacement Weekly: 1. Direction: Bearish 2. Reasons: 1. Price disrespected Bullish FVG 2. BOS with massive displacement 3. price is moving from ERL to IRL Daily: 1. Direction: Bearish 2. Reasons: 1. bearish orderflow 2. Respected the daily FVG 3. Good displacement 4H: 1. Direction: Bearish 2. Reasons: 1. MMSM formation 2. FVG formations 3. BOS with displacement Shortby tradermebiali1
DOLLAR BULLISH???!!!!! Dollar retested from the Day Trendline1.According to my view dollar reached its Target and retested from Day Trendline Liquidity and the Support Zone. 2.If its broke the Resistance and upper Trendline then it'll reach the major resistance zone. 3.If Dollar broke the current support zone then it'll reach the next support around 103.000. 4.Day 200 EMA retested well. by Sha_The_IconUpdated 4
Dxy is ready to dump!DXY is bearish. ●On HTF weekly FVG/BISI disrespected and now become an Invesion Fvg which should act as resistance. ●On Daily timeframe DXY got a rejection from The Daily +OB. ●In 4h Dcy created FVG which should bring Dxy down. ●Downside targets for DXY are 104.080 and 103.880 for now. ●Dxy should stay bearishso that other markets like stock, Crypto and Forex should see higher prices.Shortby Camouflage891
Currencies Chart & DXYCurrencies Chart & DXY ..........................................................................122131by EFLATUN200
Currencies Chart & DXYCurrencies Chart & DXY ..........................................................................122131by EFLATUN200
FOREX WEEKLY FORECASTWEEKLY FOREX FORECAST NEWS UPDATE Introduction: Welcome back to our Weekly Forex Forecast, where we delve into the intricacies of the currency markets to provide you with valuable insights and predictions for the week ahead. In this edition, we'll be closely examining the Dollar Index, GBPUSD, EURUSD, and USDJPY pairs, analyzing key technical and fundamental factors to help you navigate the turbulent waters of the forex market. Dollar Index (DXY):The Dollar Index, which measures the value of the US dollar against a basket of major currencies, has been experiencing some fluctuations in recent weeks. The index's performance is influenced by various factors, including economic data, monetary policy decisions, and geopolitical events. As we head into the new week, investors will be closely watching for any developments on the inflation front, as well as any signals from the Federal Reserve regarding interest rate hikes. Although we have been constantly Bullish on this since the beginning of this year, on the Daily Time frame, the market has left us a chart pattern reversal, which is the inversted Head & Shoulders, which also do mean that we have once again, been convinced that the Bulls should keep this market going higher admidst the ups and downs in the market today.Longby eddychuksuniversity1
Levels discussed on 27th May Livestream27th May DXY: Consolidating along 104.70 level, could retrace to 104.90 (50% retracement level), looking to continue lower to support 104.50 NZDUSD: Buy 0.6150 SL 25 TP 65 AUDUSD: Buy 0.6666 SL 20 TP 60 USDJPY: Buy 157.30 SL 30 TP 65 GBPUSD: Break previous high, Buy 1.2765 SL 20 TP 50 or double top Sell 1.2745 SL 20 TP 60 EURUSD: Sell 1.0850 SL 15 TP 45 USDCHF: Sell 0.9125 SL 30 TP 50 USDCAD: Look for reaction at 1.3610 Gold: Wait for retracement to complete, Below 2325 could trade down to 2300 by JinDao_Tai4
%%%%% DXY UNIQUE IDEA %%%% #DXY UPDATE Hey team hope you all are enjoying our ideas and analysis. Now we are here to discuss About DXY. DXY is breaking the main bearish flag pattern. After this drop we can price around 104 soon. This will effect whole forex market. Keep in touch we will update further soon.Longby Williamforex3
DXY IndexPair : DXY Index Description : Completed " 12345 " Impulsive Waves and " ABC " Corrective Waves Break of Structure Bullish Channel as an Corrective Pattern in Short Time Frame RSI - Divergence Demand Zoneby ForexDetective4
Its going up to the equal highs and higher HTF levelThe dollar had a reaction from the daily order block, confirmed by SMT. The whole week was ranging and I thought that we would, still go a bit lower, but now when the range is broken up above the IFVG. I think it's ready to go up. always follow these rules - Accumulation / Manipulation / Distribution - No liquidity raid = No trade - Never buy high and never sell low “Adapt what is useful, reject what is useless, and add what is specifically your own.” Dave FX Hunter ⚔Longby Dave-FX-HunterUpdated 3
DXY hits major resistanceDXY: The USD index this week is touching the susceptible help area round 104.60, so withinside the brief term, the USD is anticipated to get better barely today. Most of the marketplace will now no longer have lots fluctuation because of the financial institution holiday. Ace can refer to shopping for with USDShortby Chart_MasterPro2
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 Bearish - Amidst Bank HolidayGood day Traders For week 22, we can expect a bearish DXY, with the bearish flag created in the 4H as well.Short01:59by ThaboDennis0
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
DXY for the next few days.. Hello, Mates hope you all are doing well and enjoying the weekend. This is my thoughts about DXY for the next few days. NOTE: This is only based on technical analysis fundamental or geopolitical situations may change the direction to any side. Shortby thebullsquad6
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, D1DXY looking for uptrend in next following week. Now, waiting for price have retrace and go up.Longby chinghola2