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_index
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
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✅ Follow me for future ideas, trade set ups and the updates of this analysis
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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.
DXY (USDOLLAR): Last Push Down Before Rise(Extended M Pattern)Traders, DXY (USDOLLAR) is being manipulated at the moment. We were expecting a push down but no so sudden. This last sudden move is actually good for us because that shows that very soon it is about to reach a level where it can be bullish again. An extended FCP (Fibonacci Confluence Pattern) has formed and market can simply go to the FCP zone below to collect the orders and rise up. If the market starts fall beyond that then 89.3-89.2 area is the next support.
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.
____________________________________________________
DXY - 🐂 or 🐻?DXY - Bulls or Bears?
As we head into start of May month, end of month flows - rebalancing is in full action.
Technical wise: bulls are gain control if we can stay above 91.050 area (5OEMA) the bulls are in control of this market and anywhere above 200 EMA we will be heading towards the 1.618 area.
Pattern: Wedge - Perhaps a re-test of wedge coming soon.
Seasonality: Usually a bullish month for DXY
Trade Journal
DXY potential upside movement DXY had been for the last few weeks In a downtrend looking back at the monthly I could see that this could potentially retrace to the up side not sure feel free to share your thoughts
End of the downtrend
The dollar has reached its lowest level in a recent month, which is why we have seen the growth of all currencies against the dollar, and as you can see, it has formed a downward channel and has accompanied it to the trend line, but in your opinion this The decline will continue and the trend line will be lost ?? Such a thing is unlikely to see a return of the dollar to 93, and this time we will see a decline in currencies against the dollar, and after fully touching the trend line, we will see an upward trend.
When To Buy Dollar Again? Important Levels For The Next WeekTraders, USDollar took a nose dive last week and part of it was expected during our analysis. It is now forming an M FCP (Fibonacci confluence pattern) which can push the price higher. There are few very good factors which are pointing towards bullish dollar. So When To Buy Dollar Again? Lets find out in this Analysis Forecast & Trading Plan For Dollar (DXY)
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.
____________________________________________________
Can we expect a return of the dollar?As i'm not comfortable with "impulse" wave of EURUSD, XAU and since DXY didn't get the minimum target of wave 4 (0.382) fib level. we may ask our self Can we expect a return of the dollar?
Let's see what hides next Monday!
Dollar Index on 1H TImeframeDue to the formed pattern and breaking of the neckline in the Fibonacci and static PRZ area, I expect the index to reach the target zone.
