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Dollar-index

DXY : Between The Bullish and The Bearish Scenario! Why?DXY : Between The Bullish and The Bearish Scenario! Why? ⚠️BREAKING: REPUBLICANS WIN ENOUGH SEATS TO GAIN CONTROL OF THE U.S. HOUSE OF REPRESENTATIVES The above news may create some volatility today regarding the USD. The market will have to take a stance on the future direction of the government and the dollar. The biggest problem is that traders will have to deal with the fact of speculation with this news. So we can never know what might come next as these events are heavily interpreted by news websites for future impacts on the US economy. So be careful. At least that will happen until the market absorbs the news. Thank you!
TVC:DXY
by KlejdiCuni
4
InvestMate|DXY Correction before continuing declines💲💲DXY Correction before continuing declines 💲In today's post we will look at the situation on the dollar index. 💲As in last post I perfectly predicted the declines by presenting my observations on current monetary policy in the US, I refer to the material below: 💲This time I think there is a chance to make an upward correction in the downtrend. 💲I have used several technical analysis tools on the chart, I will describe each one separately below: 💲1. I have determined the downward channel of the downtrend This has been respected many times in the past, as we can see we are currently below it, and there is a high probability of a return to the middle. 💲2 I measured the fibo waves from the peak to the current low. The levels could provide resistance in the future 💲3 I measured the biggest correction in the downward momentum and came up with the level of the 1:1 equality of the biggest correction falling at the level of 110.168 💲4 I have set a support zone at current levels, we can see that this price level has been a zone of interest in the past. 💲5 I determined a resistance zone, based on the 0.382 level cluster of the downward wave and the 1:1 range of the largest upward correction. The location on the chart is not coincidental, price has found solid support at these points in the past 💲The scenario I'm playing out is for a correction to the resistance zone from where the next downward wave will start, all due to a weakening dollar based on the ever-closer valuation of the peak of the interest rate hike and falling inflation. For more fundamental data, I refer you to my previous post on the dollar 💲*Please do not suggest the path I have drawn with the lines this is only a hypothetical scenario for further increases. 🚀If you appreciate my work and effort put into this post I encourage you to leave a like and give a follow on my profile.🚀
TVC:DXYLong
by InvestMate
6
$USOIL $97 short-term target 👁‍🗨*This is not financial advice, so trade at your own risks* *My team digs deep and finds stocks that are expected to perform well based off multiple confluences* *Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management* Hello fellow traders and investors! My team isn't expecting oil/gas demand to slow down anytime soon. A long-term target of $132 and beyond is on the horizon. Ever since the war in Ukraine began the Biden administration has been trying their hardest to keep prices down by releasing war-time oil reserves periodically. This is a temporary solution, and my team believes that it will eventually lead to a blow off top. Raising interest rates seems to be the feds only solution to combating the situation, yet it has become evidently clear that they have no idea what to do and whether or not this will actually solve the issue. These are just our thoughts surrounding the situation and things could change quickly with the emergence of new information. We hope that this helps! !! This chart analysis is for reference purposes only !! If you want to see more, please like and follow us @SimplyShowMeTheMoney
TVC:USOILLong
by SimplyShowMeTheMoney
DXY very bullish ! growth can continue up to 120The Fed had on Wednesday had hiked the upper target for fed funds to 4.0%, its highest since the Great Financial Crisis, while Chair Jerome Powell had said that interest rates will have to go higher than previously thought, even if the size of individual hikes from now on is likely to be smaller than the 75 basis points seen at the last four meetings. If we can break through the previous high, the growth will continue very strongly.
TVC:DXYLong
by YertuntsTrader
13
DXY's Fall will be brutal Lets take a look at the USD Index DXY Its been forming a hell of a bear flag all the way since 2008 and we're now in the final moments of reaching its top. Right now the 5th wave of C looks like an ending diagonal (yellow) count where the 5th wave gets extended forming a broadening wedge top formation. Once that breaks the game is on for lower. DXY should turn before 112.943 (so that orange w3 is not the shortest within the parent wave) In order to keep this idea valid DXY may not exceep 2.618 of AB @ 117.56 / local 1.886 @ 117.70 confluence
TVC:DXY
by NastyBeer
1
DXY - USD DOLLAR LOOKING BEARISHThe Dollar Index has been on a run lately. Today we are looking at the Dollar Index (DXY) on the 10day (!) chart. There are a few signs occuring that seem bearish to me and a indication of downside price action. How low? Nobody knows. When the dollar will drop all other assets like risk assets and currency's will go up. This should result in a short lived (few months) relief rally. After that, the most probably outcome, will be the money going back to the world reserve currency: the dollar and it can continue it upwards move. For now, it seems like it needs to catch a break and get some air. << Like the idea? Please like the post and follow for more >>
TVC:DXYShort
by Crypto_Hagu