short DXYDXY is ready to correct after 30 days uptrend. after 3 failure attempts over 92.80, and firm a new bearish candle stick pattern, seems ready to correct under rising flag.
So, be careful and wait for it.
Dollar_index
Bitcoin vs. DollarAs we know there is an inverse relationship between Bitcoin and Dollar
So we should follow what will happen
DXY little bit up then fall more.......
DXY short time bullish up to 91.000 risistance. Then it will be down
to 90.635 and upto 90.385 support zone.So, dollar index chart first time little bit up then fall.
Hello Traders, here is the full analysis for this pair,
let me know in the comment section below if you have any questions,
the entry will be taken only if all rules of the strategies will be
satisfied. I suggest you keep this pair on your watch list and see if
the rules of your strategy are satisfied.
PLZ! LIKE COMMAND AND SHARE.
DXY INDEX CHART ANALYSIS
DXY chart create Bullish butterfly pattern. When market create candle contamination on 92.300 support zone.
Then the market goes up to 92.900 and 93.400 resistance zone. If breakout 92.150 support level then dollar index
down to 91.888 level. Then push buy.
PLZ! LIKE COMMAND AND SHARE
Traders, if you like this idea or have your own opinion about it,
write in the comments. I will be glad
dollar index reach near big trend in coming days , technical say pull back to fibo 61% is possible
ALERT= break red trend can crash dxy to 87
DXY Up TrendIt is the turn of the Democrats and we must wait for the dollar index to rise, and along with this rise, the growth of the dollar must be imagined.
dollar can go down to touch big trend,break before technicaly dxy going up now is very hard , it must touch big trend (comes from daily chart)
ALERT= break big trend can crash dxy and start down trend to 80
dollar index mega trendAccording to my previous analysis of bitcoin, I can say that when the bitcoin reaches the ceiling, the strength of the dollar should be the lowest. The date of this event can be December 2021. Up to 88
Do you think this will happen?
DXY SellThe dollar index seemed to be in a large correcting move to the upside with the general trend being to the downside we expecting some bearish patterns on the lower time frames let me know what you see likewise great success!
Dollar idnex H4 ready to sell dont missed Trade setupDollar index H4 ready to sell don't missed Trade setup
DXY Full Update: Bullish Again But May Correct A BitTraders, Dollar is stuck between 2 FCP (fibonacci Confluence Patterns Zones) and now even though it is looking bullish, it may fall down short term before the next rise. So what can dollar do? What is our trading plan on the USDOLLAR? Is dollar strength still dying?
For all those question please watch previous analysis and then this one. That should form a good picture.
Rules:
1. Never trade too much
2. Never trade without a confirmation
3. Never rely on signals, do your own analysis and research too
✅ If you found this idea useful, hit the like button, subscribe and share it in other trading forums.
✅ Follow me for future ideas, trade set ups and the updates of this analysis
✅ Don't hesitate to share your ideas, comments, opinions and questions.
Take care and trade well
-Vik
____________________________________________________
📌 DISCLAIMER
The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of education only.
Not a financial advice or signal. Please make your own independent investment decisions.
____________________________________________________
DOLLAR INDEX DXY - H4 - SLOWLY BUT SURELY WE RISEDollar Index - H4 - Steady and consistent uptrend on the hourly timeframe on DXY. We're expecting a dip early on next week then a strong rally later on in the week.
Dollar(DXY) - A Massive Opportunity: Analysis, Forecast & PlanTraders, No matter what your bias in a market is, you must trade what you see. I see that dollar has been forming a double bottom in a demand zone and also has been forming several bullish FCP Patterns along with rejections from the bottom. The higher time frame is also showing bullish signs. So all the downward pressure may just be a short term scenario and we must ignore those while looking at higher time frame plan. IN this analysis I show a massive opportunity which may be coming on USDOLLAR as DXY (Dollar Index) starts to rise. Lets watch Analysis, Forecast & Plan
Rules:
1. Never trade too much
2. Never trade without a confirmation
3. Never rely on signals, do your own analysis and research too
✅ If you found this idea useful, hit the like button, subscribe and share it in other trading forums.
✅ Follow me for future ideas, trade set ups and the updates of this analysis
✅ Don't hesitate to share your ideas, comments, opinions and questions.
Take care and trade well
-Vik
____________________________________________________
📌 DISCLAIMER
The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of education only.
Not a financial advice or signal. Please make your own independent investment decisions.
____________________________________________________
92 is very important level on dollar index 3 way can heppen
10% go down
40% break trend,touch red trend ,go downer
50% go up to fibo 61% 92 then go down
we advice sellimit on red arrow but with SL=0.400 , main trend will down
Dollar currency index vs BitcoinUsually they behave complementary to each other. You can see from the chart that except towards 2nd week of may 2021, we started seeing the anomally of this pattern. Meaning both Dollar index and Bitcoin both following same downward momentum. This anomally shall result in great opportunity in reversal for either of the two. Considering recent developments in monitory stance by FED and macros, i think BTC has better probability of winning. But this should not be considered an investment advice and any mistakes in observation to be forgiven.
DOLLAR INDEX - Daily - Be Patient on this Buy setupDXY - Daily chart - Price is very near to the daily/H8 demand zone which is my buy entry. Waiting for price to dip down a bit more before taking longs on dxy pairs and selling other majors fx pairs.
Will The Dollar Remain Bearish?The dollar index has been declining over the past few weeks and last week price went lower. This symbolized the bears have control. The question is, can they keep control?
If price retraces before continuing down, price could retrace back to $91.17. If it does, and proves it can stay below, price could potentially continue to decline back to the low causing the base dollar currency pairs to continue moving down and the quote currency pairs to continue moving upwards.
