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Dollar_index

DXY (Dollar) Important Levels & Zones - April 2021 Update!Traders, Dollar (DXY) has been rising since the start of this year. This was expected because it hit the FCP and demand zones. On multi year time frame it is running inside a channel which can push this upto mid of the of the channel around 95.5/96 area. As FCP W pattern has formed, we expect dollar to give us some correction which can give us good short opportunities. As the higher time frame bias remains bullish on dollar, this correction can also give us an opportunity to add/initiate long positions. 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. ____________________________________________________
TVC:DXY
by vikinsa
4
DXY To Fall? Analysis & Forecast UpdatesTraders, DXY has been bullish since it hit 89.89 level which we predicted in August 2020. Since then the progress has been slot but stead as well. Now DXY can look for a minor correction just to support the previous bearish move down. Remember we are in a corrective phase at the moment so the market will try to resume the bearish momentum at least once more. So what opportunities are there or how the USDOLLAR can affect the markets next week. Lets find out. 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. ____________________________________________________
TVC:DXY
by vikinsa
2
A stronger Dollar isn't out of the questionThe Dollar index is something I've been grappling with for a while now. I bought into the narrative of a weaker dollar index particularly in light of the mass printing of money by the FED. Surely inflation must be a consequence of the monetary policies that we are seeing...? It just makes so much sense that we see a cheaper Dollar. But the macro people disagree and their arguments are plausible and so i pay attention. The biggest dilemma that i buy into with regards to a stronger Dollar index is the weaponisation of the US Dollar. Why would the US let their supremacy decline without a fight? Policy shock in the Dollar perhaps the biggest risk to countries around the world. My base case is for a weaker Dollar over the next 5 years, however, its not out of the question for the Dollar to strengthen should policy shift. The DeMarker indicator suggest that the Dollar Index should weaken over the short-term but lets see. Very tricky.... Please note, this idea is shared for educational and discussion purposes only and should not result in speculative investment decisions in any asset class.
INDEX:DXY
by JesseMorgans
DXY Update That You Must Watch - Dollar Squeeze Coming?Traders, we have seen the effects of dollar rising last week when stock markets (nasdaq, snp500, us30), cryptos (bitcoin, ethereum and others) and precious metals (gold and silver) also started to tumble. Even RESLA started to come down too. This is because of the fact that most markets are dependent on dollar. Against the general perception that dollar will die now, there may be few last good moves left in it which means that you must watch it closely as it can seriously impact your investments in financial markets. It has the potential to pop the bubble. 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. ____________________________________________________
TVC:DXYLong
by vikinsa
7
🔰 DXY - Dollar Index — Daily Update 🔰🔻 The Dollar Index Daily closed Bearish Candle — the intraday price has broken below 91.00 Zone - we got a Lower Low - Foe this reason we needed a Bullish Closure to get a direction but now the Price turned Bearish in this case we will wait for a pullback from here 🔹 Now the Price is trading around the opening price of the week - 90.200 will be our intraday support Below this line 🔹 The next intraday Resistance above our last HH candle 🔔 The dollar index is still in a Bullish trend ✅ DXY is pulling back to the downside then will push up - XXXUSD pairs will trade higher if the Dollar is dropping on the next sessions 😉
TVC:DXY
by PipOfLife
🔰 DXY - Dollar Index — is reaching our mentioned Target🔻 The Dollar Index Daily closed as another Doji Candle — the intraday price has broken our Bullish Holding price below 90.00 Zone - as we mentioned last night its hard to break but we got a Lower Low This Morning ( We will watch the Bearish Movement, we might get to our waiting Bearish Target before end of the week 🔹 Our Support Zone from here will be our Bearish Target 🔹 The next intraday Resistance is slightly above 90.00 Zone where the Price might test the Order Block after creating a new Lower Low 🔔 Dollar Index holds Head & Shoulders pattern in concentration to its Price Action ✅ DXY Bearishness is targeting the H&S pattern as we mentioned last night - all XXXUSD traded long when the Dollar was dropping 😉
TVC:DXYShort
by PipOfLife
2
🔰 DXY - Dollar Index — Read This before you trade any major 🔰🔻 The Dollar Index Daily Candle closed Doji ( Slow movement in the market — the intraday for today remain Bullish as long as the price is above 90.00 Zone ( This is a big figure number, Hard to break, Lets see how the price will trade in London Session ) 🔹 Our Support Zone from here will remain 90.00 🔹 The next major Resistance is Our Target that is mentioned 🔔 Dollar Index so far having a Head & Shoulders pattern in its Price Action - The bullish Movement will invalidate the pattern
TVC:DXYShort
by PipOfLife
🔰 Dollar Index - Will give us a directions for XXXUSD & USDXXX🔹 Our Support Zone from here is 90.00 - more bearish movement can drop the price to 89.00 ( -1.00 Capital From the Liquidity ) 🔹 The next major Support is 89.00 🔔 There are no major events happening this week for Dollar Index so we mostly will use Price Action to give us an insight into where the next movement will occur ✅ Analyzing this pair will allow us to get the Weekly Directions for XXXUSD & USDXXX Pairs! 😉
TVC:DXY
by PipOfLife
2
$DXY - strong few weeks inbound?DXY acts in an almost direct opposite relationship with BTC - DXY down, BTC up Example: DXY uptrend from bottom of SR zone/falling wedge 6/7th Jan, BTC 42K top 8th Jan and moves into downtrend Falling wedge broke and has now successfullly retested on the 1D chart - hold above 90.6 and DXY looks pretty bullish This won't last for long though, couple weeks maybe, due to macro fall out of a bear flag 1M chart, and too much USD printing in the FED But this is cause for concern for your crypto portfolios where they may have a stinky time USDXXX pairs could be pretty bullish on the FX charts Makes me tempted to get into tether in crypto, if 90.6 holds and top of BTC range can't be flipped to support! And enter bigger dips for when DXY downtrend continues! Let's see....
TVC:DXYLong
by InvestmentsHub