Dollar Index - DOUBLE TOP 📉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🎯Shortby Hsan_BenhmedUpdated 5523
DXY - potential shortDXY - potential short I have this idea .. so I think we finished the Up wave (potential last wave) but next probably we will go down.Shortby flyhorseUpdated 1
Last stage of accumulation before explosive up move to buysideMarket 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 for sharing this info. Go full margin !! Longby Dave-FX-HunterUpdated 1116
DXY bulls?DXY is oversold. Possible bullish news for usd to send it up. Possible EU and GU bears but liquidity grab is almost certain to take out early buyers.Longby Coconut_Shawty0
DXY Demand Level Ahead! Buy! Hello,Traders! DXY is making a bearish Correction but a strong Horizontal support level Of 105.00 is ahead So after the retest We will be expecting A bullish rebound Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!Longby TopTradingSignals115
Possibility of downtrend Considering that the index has crossed the support range, it is expected that the continuation of the downward trend will be formed until the specified support levels. In this case, a medium-term downward trend will probably be formed Shortby STPFOREX0
Running double three ... A bullish setupI would label the correction that has been occurring for the past two months as a running double three (W-X-Y) as depicted in the chart. The W wave is a zigzag and the "running" X wave that retraces beyond the W wave is a zigzag (abc) with the 'a' wave being an expanding leading diagonal as described in my previous post. I will label the correction that occurred over the past two weeks as a Y wave, an expanding triangle. With extensive studies conducted over the past decades, it is commonly understood that triangle is usually the final component of a complex correction. We should be on the verge of a bullish rally of at least 1.618 times that of wave (1), with a target price of wave (3) to reach between 112 and 114. let's see if my analysis is correct and if this minimum price target of 112 will come to fruition.Longby brown_maverick2
USD Dollar is Performing a Retracement back to $104.5! 💵The recent movements in the USD Dollar have caught the attention of investors and forex traders alike. As the USD Dollar retraces back to $104.5, there are several advantages for both stock investment and forex trading that can be capitalized upon. Let's explore them in point form with emojis: Advantages of Stock Investment: 1. 💼 Diversification: Investing in stocks denominated in USD allows you to diversify your investment portfolio. By allocating a portion of your investment in stocks, you can potentially reduce risk and increase the potential for higher returns. 2. 💸 Dividend Income: Many stocks, especially those listed on reputable exchanges, offer dividends. Dividend income can provide a steady stream of passive income, which can be reinvested or used to cover expenses. 3. 📈 Capital Appreciation: A retracement in the USD Dollar can positively impact the performance of US-based companies. As the value of the USD Dollar declines, it can boost the competitiveness of American exports, leading to higher revenues and potentially driving up stock prices. 4. 🌍 Global Exposure: Investing in stocks allows you to gain exposure to international markets. If the USD Dollar retracement is accompanied by a strengthening of other currencies, it can create favorable conditions for multinational companies, potentially leading to increased profits. Advantages of Forex Trading: 1. 💰 Profit from Exchange Rate Fluctuations: Forex trading provides an opportunity to profit from fluctuations in exchange rates. As the USD Dollar retraces, traders can take advantage of this movement by selling USD against other currencies, potentially earning profits from the price difference. 2. ⏱ Liquidity and Flexibility: The forex market is the most liquid financial market globally, meaning that traders can enter and exit positions quickly. This liquidity allows for greater flexibility in trading strategies, enabling traders to respond promptly to market developments. 3. 🌎 Global Market Access: Forex trading offers access to a vast array of currency pairs, allowing traders to participate in global economic trends. The retracement in the USD Dollar presents opportunities not only in major currency pairs but also in cross-currency pairs, opening up a wide range of trading possibilities. 4. ⚡️ Leveraged Trading: Forex trading allows for leveraged positions, meaning traders can control larger positions with a smaller amount of capital. This leverage amplifies potential profits, but it's important to note that it also increases the risk. Traders should exercise caution and use risk management strategies when utilizing leverage. In conclusion, the retracement of the USD Dollar back to $104.5 presents advantages for both stock investment and forex trading. Stock investment offers diversification, dividend income, capital appreciation, and global exposure, while forex trading provides opportunities to profit from exchange rate fluctuations, liquidity, global market access, and leveraged trading. As with any investment or trading activity, it's crucial to conduct thorough research, implement risk management strategies, and stay updated with market trends to make informed decisions. Disclaimer: This information is for educational purposes only and should not be considered as financial advice. It is important to consult with a qualified financial professional before making any investment or trading decisions. The financial markets, including stocks and forex, are complex and volatile. Predicting the performance of the USD Dollar, or any other investment, is challenging. While the advantages of stock investment and forex trading during a USD Dollar retracement were mentioned earlier, it is crucial to understand the associated risks. Market conditions can change rapidly, and past performance does not guarantee future results. Leverage in forex trading can amplify profits but also magnify losses. Traders should exercise caution and understand risk management techniques. In conclusion, the information provided is a general overview. Investing and trading carry risks, and no strategy ensures success. Seek guidance from a qualified financial advisor before making any investment or trading decisions.Shortby ICT_Trader_SB1
Nasdaq Update-April 23, 2024Going over the days Price actions and expectations for tomorrow here we will take a quick look at: TVC:DXY CME_MINI:NQ1! 03:16by JP_TruUpdated 1
DXY - LONG NFP POSSIBLE MOVEDXY - LONG NFP POSSIBLE MOVE Dxy can push up for nfp, risk small and trade accordingly Longby Ragunath-London225
DXY - BuyThe DXY has exhibited a confirmed bullish trend, with the breakeven point established at 105.815 and the maximum target positioned at 106.666.Longby L773Updated 2
Dollar Index (DXY): Detailed Technical Analysis 💸 Price action analysis for Dollar Index. Important key levels. Directional bias. Predictions and forecast. ❤️Please, support my work with like, thank you!❤️ Short02:20by VasilyTrader1111
DXY bearish or bullish ? lets see (#BTC , #Stock)The Dollar Index (DXY) is once again moving towards the critical level of 105. If it does not find support at this level, it could lead to a bearish trend on the daily timeframe. In this case, the stock market and Bitcoin would return to a bullish trend after a slight delay.Shortby Cryptoir2
BreakoutWell, this is pretty obvious. The mighty dollar has broken out of this flag and the Fibo shows the potential targets.Longby yann2zenUpdated 2
DXY TO 103.800 SOON!!!!!!!!!!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 .............Shortby CAPTAINFX211
DXY Short: Long term forecastIt takes a long time for the world reserve currency to die, but it is an eventuality. A "When" and not a "IF". This analysis is based on my own bias reading using Elliott Waves, and also on a few other major issues: 1. The US debt of 34.2 Trillion. 2. The atrocities happening in the US and committed by the US worldwide (if you don't know what I am talking about, read the news). 3. The reduction of US debts by China. 4. The fact that Japan is going to have a currency crisis and the chance that they may finally give up and dump US treasuries to save themselves (a possibility, although still a low probability unless events like civil unrest happens). Now, most people might use percentage of debt holdings versus the entire debt and say that both China and Japan will not pose major problems. But they are forgetting something: crisis is always an issue of liquidity. Can the markets take in 2 Trillion of treasuries in a single day? Or even a week? Or even a month? The answer is clearly no. And that will hit confidence like nothing else. Of course, being the printer of USD, Fed can essentially print money to pay back the debts but that will weakened the USD to the point where it will also lose it's reputation as a strong and stable currency and thus lose it's status as the world reserve currency. Some may argue about the petrol dollar. But then, when USD is worth just a half of today's value for example, will USD still continue to be the main currencies for oil? The use of CNH was a bullet punched into the armor. In any case, I placed a short loss on this analysis. If I am wrong, I won't argue. Let's see how this plays out. Good luck!Shortby yuchaosng1
$dxydoubt 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:)by CompoundingGainUpdated 4413
Consolidation located around or demand areaWe are looking for a rally in price as we are trade around our 1H/4H Demand zone and we have a ranging market that is set to trick many of us to take early trades. We have to waith for price to break out of this range to the upside for us to shorting positions on GOLD and Us100by cpointfx1
DXY Will Go Lower From Resistance! Sell! Take a look at our analysis for DXY. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The price is testing a key resistance 106.329. Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 104.242 level. P.S The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce. Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news. Like and subscribe and comment my ideas if you enjoy them!Shortby SignalProviderUpdated 229
Levels discussed on 2nd May Livestream2nd 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 level, Sell 1.3695 SL 20 TP 60 or Buy 1.3730 SL 25 TP 50 Gold: Needs to break 2300 to trade down to 2282by JinDao_Tai118
DXY Index is Ready to Fill GAP🚀🏃♂️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 the descending channel . 💡Also, we can see Regular Divergence(RD+) between two Consecutive Valleys . 🔔I expect the DXY index to Gp UP to at least the 🔵 GAP($106.613-$106.504) 🔵after breaking the upper line of the descending channel . ❗️⚠️Note⚠️❗️: If the DXY index can break the lower line of the descending channel, we can expect the DXY index to drop more. U.S.Dollar Currency Index ( DXYUSD ) Analyze, 4-hour time frame⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.Longby pejman_zwinUpdated 1130
U.S. DOLLAR CURRENCY INDEX (DXY) (Update)Always and at all times. All events will occur in the chart. Trend Prediction - DXY Forecasting - Resistance and Support Lines **** Yousef Sharafi ****by MyAI20502
EURUSD - Time to trap the herd going long?As mentioned in my previous analysis on EURUSD, what I was looking for came to pass. The large swing move did not occur yet, so i'm anticipating one more spike up higher before we head to the downside. I have a few things leaning towards my short bias: 1. Seasonal tendency for the USD is stronger. This is suspect for XXXUSD pairs to be going up. 2. May's monthly candle barely went lower in terms of Power of 3 manipulation, meaning i'm leaning more towards the manipulation being on the upside rather than downside. 3. DXY has my signature R2F Gap where I anticipate a reversal on EURUSD, and EURUSD has a nice area of inefficiency and a Breaker, which are both my favorite models. 4. Other EURUSD correlated assets are engineering Sellside Liquidity for later. A long could be taken higher, but I will be stalking the short setup i've been waiting for. I was open to it being the recent spike lower, but I see now the market is trying to do a multiple switcheroo. This will likely be the last one. So let's see what happens! Exciting times! - R2FShort07:26by Road_2_Funded2