DXY looking for longs- Looking for buys, I believe we held a buy bias on a WEEKLY BISI -I'm now looking for a 4hr CHOCH to enter my buys - if we don't a entry today tmrw will give us a perfect entry using a DAILy FVG.Longby cloudy_Blank_2
DXY MORE DOWN DXY analysis Fundamental analysis There is news on Friday that if the dollar is negative, it will be weak Technical analysis We notice that the price has breached the support line. We believe that the price will correct towards the imbalance area After that, we may witness further decline towards the important area 104.475Shortby CrowtR2
Levels discussed on 8th May Livestream8th May DXY: At 105.50 and push up higher to 105.80 (61.8%), beyond that, 106.10 NZDUSD: Sell 0.5975 SL 15 TP 35 AUDUSD: Sell 0.6565 SL 20 TP 40 USDJPY: Looking for a reaction at 156 sound number resistance GBPUSD: Buy 1.2475 SL 20 TP 60 EURUSD: Sell 1.0720 SL 20 TP 40 USDCHF: Test and reject resistance, Sell 0.9135 SL 20 TP 40 USDCAD: Sell 1.3770 SL 20 TP 70 Gold: Break 2308 to trade down to 2290 by JinDao_Tai6
DXY H4 - Long signal DXY H4 Dollar is moving as expected, bouncing from that 105 price we were marking up and focussing on from last week. Following all the economic data points, support held out and corrected perfectly. We have since approaching 105.600 price, a key area of S/R. This also ties in with GBPUSD support price. An area where we may see a bit of a correction (as annotated) before seeing the next bullish leg upside.Longby Trade_Simple_FX1
DXY BIASWe are in first week of April , We have to wait for bias ow decide move. just one thing is interest for me, The external liquidity is ready for purge and we are at internal liquidity . Longby SAM-TRADE-ACHDEMYUpdated 3
dxyhi dxy in last week goes down by NFP news by chart structure we see a down trend and it will tuch channel bottom i thinkShortby shaayaan0
US DOLLAR (DXY): Technical Analysis & Bullish OutlookThe dollar index fell below a significant intraday support level on a 4-hour chart but was unable to close below it. This support could potentially lead to a slight upward movement before a possible retracement. I anticipate a bullish correction for the pair, with a target of 105.34 / 105.56 Longby linofx1Updated 115
US Dollar Index (DXY): Significant Bearish Outlook 💵 🇺🇸After reaching a peak of 106.50 on a short-term chart, DXY traded within a broad horizontal range on a 4-hour timeframe for an extended period. However, the lower boundary of this range was breached during last week's trading session. The support level is now being retested, and we anticipate a downward movement in response to this break. We could see a bearish trend continuing towards levels of 105.18 and 104.90.Shortby linofx13
check the trend It is expected that the current uptrend will end in the specified resistance ranges and a trend reversal will be formed. If the index crosses the level of 78.6%, the upward trend will continueby STPFOREX2
DXY SHORTFirstly DXY cleared all the Bearish stops and now it has started the bearish by breaking the low. It is now retesting the breakout therefore we expect a push to the downside. 15m time frame shall confirm our direction. Shortby bxolelo1
DXY - Intra-Day Buystops Might Get Their Faces Ripped Off!Extended selloff from 106.490 which is the weekly highs of the week with intraday high to lows equilibrium located @ 105.210 which is my first target. 105.415 is my second short term projection. Candlebody closure below 104.552 will negate my ideaLongby LegendSinceUpdated 0
US dollar Index Analyse for long termBearish Scenario: Increased Geopolitical Tensions: Escalation of the conflict leads to heightened geopolitical tensions in the Middle East, sparking concerns about regional stability and security. Risk Aversion: Investors flee from riskier assets, including the U.S. dollar, as uncertainty rises. Instead, they seek refuge in safe-haven assets like gold, driving up gold prices. Dollar Weakens: The U.S. dollar weakens against major currencies due to risk aversion and concerns about the potential economic impact of the conflict on global markets. This weakens the Dollar Index. Bullish Scenario: Resolution of Conflict: Diplomatic efforts or a ceasefire agreement lead to a resolution of the conflict between Israel and Gaza, easing geopolitical tensions in the region. Market Confidence: Investor confidence improves as the risk of broader regional instability diminishes. This encourages investors to move away from safe-haven assets like gold and back into riskier assets, including the U.S. dollar. Dollar Strengthens: The U.S. dollar strengthens against other currencies as investors return to dollar-denominated assets, leading to an increase in the Dollar Index. These scenarios highlight how the resolution or escalation of the conflict can influence investor sentiment, market dynamics, and the direction of both the U.S. dollar and gold prices.by TraderFa9ir662
DXY STRENGTHENS UPStill on the epitome of longing dxy while Gold shorts, boost and support idea if you agree ,comment for more insights , and hit the follow button , to have more confluenceLongby Ak_capitalist2
May 7: More upside equity grab for market makersThe recent drop stopped and found support at the 50 MA. It seems market makers will not sell the dollar yet. Too much equity grab on the upside.Longby TraderBwater0
DXY FOE SALEDollar index to decline 1- The presence of divergence on the RSI indicator 2- Saturation in buying on the daily frame 3- A strong area appears on a 4-hour frameShortby ShakerTrading2
DXY bullsGeneral bias on dxy is strong and will continue to take out buyside liquidity Longby fancy_neba123
Navigating Dollar Strength Amid Mixed SignalsTechnical Analysis: The Dollar Index finds itself consolidating after recent fluctuations. Currently, the DXY is testing the supporting trendline. This area has become crucial after a recent dip below and quick recovery. The upper resistance near 105.600 is yet to be retested in the current session, presenting a potential barrier for further upward movements. Market Positioning: Our strategy remains one of cautious observation. The DXY’s position just above the support level and below mid-channel resistance suggests potential volatility ahead. Traders should watch for a breakout above the current resistance or a breakdown below support which could indicate the next significant move. Outlook and Considerations: Given the mixed economic signals from recent U.S. data and ongoing geopolitical tensions, the index’s movement needs to be monitored closely. Upcoming releases, particularly U.S. unemployment claims and consumer sentiment, could provide the catalyst for more defined movements. In this environment, staying adaptive to shifts in fundamental indicators remains a key strategy. Conclusion: With critical data on the horizon and the DXY’s pivotal position within its trading channel, investors are advised to remain alert to quick shifts in market sentiment that could drive the Dollar's next major trend.Shortby TradingFXio2
DXY double top still has work to doDouble top target is below 104.50. This has just been a bearish consolidation since last week's data. Shortby ForexAnalytixPipczar1
USDX setting up longsIm looking to get heavily long on the USDX when my rectangle is filled, the targets are as listed on the chart. by TechknowLobster3
DXY mini wave upward(5/7/2024)After the NFP and unemployment data, The DXY TVC:DXY faced a big correction. In this week, we believe this week is going to be calm because USD has no game-changing data. there is a possibility that the DXY is going to make some retracements in an upward direction. Our technical view has been shown in the chart. If you like it then Support us by Like, Following, and Sharing. Thanks For Reading Team Fortuna -RC (Disclaimer: Published ideas and other Contents on this page are for educational purposes and do not include a financial recommendation. Trading is Risky, so before any action do your research.)Longby fortunamarkets0
DXY on a pause before resuming the bearish waveDXY on a pause before resuming the bearish wave From our previous analysis, DXY completed the harmonic pattern. The reaction was almost perfect considering that after the pattern was completed, the DXY moved down and reached our target. Currently, DXY is taking a pause but should resume the new downtrend soon as shown on the chart. You may find more details in the chart! Thank you and Good Luck! ❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️ Previous Analysis: Shortby KlejdiCuni8848
DXY H8 - Long SignalWe are into some typical trading volume after the bank holiday period. 105 support seems to be holding nicely for the moment, more volume to flow in as we see in NA morning and US stock market open. Really hoping to see the dollar gain from here and therefore looking for *USD shorts and USD* longs. Longby Trade_Simple_FX0