DXY: The Harmonic Pattern is pushing the price even lower After DXY completed this beautiful harmonic pattern we can see that the USD is barely recovering. Overall we have seen the USD correcting for more weakness rather than getting stronger. Let's see what happens today during the US CPI data... 📺You may watch the video for further details📺 Thank you and...
The U.S. Dollar Index (DXY) hit both Targets that we set on our January 24 analysis (see chart below): Yet again, a new buy opportunity is emerging as the price not only hit the 1D MA50 (blue trend-line) - 1D MA200 (orange trend-line) Support Zone but also the bottom of the (dotted) Channel Up, which is essentially the Bullish Leg of the 1-year Channel...
15th May - CPI news release DXY: Likely to consolidate at support area 105 Higher CPI >3.7, DXY trade higher, to 105.50 (confirmation at 105.20) Lower CPI <3.2, DXY trade down to 104.55 NZDUSD: Sell 0.6070 SL 20 TP 40 (DXY strength) AUDUSD: Buy 0.6666 SL 20 TP 60 (DXY strength) USDJPY: Look for reaction at 155.50 Buy 155.85 SL 30 TP 110 Sell 155.30 SL 40...
4H is swing bullish => current is pullback dow The current price touches the demand zone block We will buy when the 15-minute frame shows a reversal of the CHOCH signal
possible recovery for us dollar. possible target : 108+ good luck.
Dollar Index may keep falling from a key daily horizontal resistance. I see a bearish confirmation on an hourly time frame - a bearish breakout of a minor rising trend line. Goal - 104.015 ❤️Please, support my work with like, thank you!❤️
Dollar Index TVC:DXY on the cusp of making a major move TA speaking ; (100.8 or 110) - To the upside starting currently by jumping at 200EMA and breaking recent highs within pattern while facing strong resistance just above on Range Ceiling(105) and last Highs of 107(ChoCh). - Either falling off a cliff headed in to re-visiting Range Bottom of 100.82...
DXY Completed my last analysis predictions by completing 105.700 now price just grab liquidity at 105.048 and price have been stable after the uptrend corrections now am expecting a breakouts and a liquidity run above 105.600 creating a new highs Tell us your opinion..........?
hi, this is a DXY trade with a high probability because price hit a very importan area, using MARKET STRUCTURE
DXY 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...
Esteemed analysts and traders, I hope this correspondence finds you in good health and high spirits, prepared to tackle the upcoming week with renewed energy. I extend my best wishes for your continued success in all your business endeavors. It is worth noting that success in trading is largely dependent on the consistent definition and adherence to one's own...
we believe The DXY TVC:DXY will rise after inflation data. in the technical term we can see a 5-wave impulse pattern and an ABC correction after that we may see another 5-wave upward momentum. 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:...
Today's US fundamentals are very bearish for Dollar Index. After a test of a key daily horizontal resistance, the price formed a strong bearish imbalance and violated a support line of a rising wedge pattern on a 4H time frame. I think that the fall may continue. Next support - 104.9 ❤️Please, support my work with like, thank you!❤️
Considering that producer price inflation increased, it did not strengthen after the index rose to 105.45 dollars and continued to improve. Currently, the important support of the index is 104.20 - 103.88. It should be noted that this range will be broken if US inflation data comes in below expectations. This is a personal opinion, not a buy or sell signal.
Previously, The Dollar Index Formed a Bearish Double TOP Pttaern. At The Moment, The Price Has Pulled Back to The Neckline and Failed To Break it ! So, I Expect a Bearish Move 📉 ----------- TARGET: 105.08🎯
this is the idea for dxy to new ath. see previous idea that was correct will post updates on targets based on daily, weekly or monthly charts. So I don't try to post a perfect idea bottom like this again and stop on a local gain loss
DXY is Bullish on HTF. Following our weekly market review where we had anticipated that the market might use MTF/LTF POI to fuel the buying pressure on DXY. We have seen selling pressure on Tuesday which ended up invalidating our analysis or expectation. With that being said nothing has changed on a HTF structure, we are still within the swing bullish leg on...
After breaking a key support at 105, we can expect a decline to 103.9 for the Dollar Index.