Get started

Dollar_index

Dollar Index Chart Analysis.... In this situation, DXY chart creates ab=cd Pattern. So,if a breakout market 101:000 support level is then market sell to the nearest 100.800 and 100.230 support levels. If breakout 101.700 resistance level is, then the market will go up 102 resistance level. AronnoFX will not accept any liability for loss or damage as a result of reliance on the information contained within this channel including data, quotes, charts and buy/sell signals. If you like this idea, do not forget to support with a like and follow. Traders, if you like this idea or have your own opinion about it, write in the comments. I will be glad.
TVC:DXYShort
by AronnoFx
DXY Dollar Index Technical Analysis and Trade IdeaIn this video we look at the #DXY dollar index and analyse its potential trend reversal. The daily timeframe shows a pattern of higher lows and highs, with a clear formation of a bottoming structure. Throughout the video, we will discuss the current market conditions, including price action, market structure, and the trend, and identify a potential swing trade opportunity for the upcoming week. It's important to note that the information presented in this video reflects only my personal opinion and should not be considered as financial advice.
TVC:DXYLong
by fxtraderanthony
DXY mid to long term analysisLong term I am Bearish on DXY, with De-Dollarization happening in the world especially BRICS countries preparing to create a new currency to use for trade amongst them and 24 other nations joining them. So, we will see the dollar lose its value over the next few years. But in the short to midterm (Few Months to a year) I am seeing a nice bottom form for DXY. I have drawn two rounded curves in purple where I see rounded double bottom formations which in my experience are immensely powerful Market structure for explosive move to the upside a move to 109 is expected because of this structure. I have also drawn two smaller Rounded bottoms in yellow and Red which I see playing out to the upside in the short-term A move to 104 is expected if these structures continue to develop. PA is also reacting to the PRZ 1.414 of butterfly, if DXY comes down to play the red rounded bottom, we can see a strong move up from 1.618 extension of the butterfly as a Type 2 return on the harmonic. We also have the 3 key EMAs (13 21 and 34) on daily start to curve to the upside, these are initial signs of Trend reversal. Right now, PA is above 21 and 13, but below 34, As long as 34 EMA is not broken through on Daily Time Frame 21 and 13 EMA act as weak support and 34 EMA will continue to act as resistance, and we will be in a down trend. Once the 34 EMA is claimed on Daily and held for few days, we get a confirmation for the uptrend and then 21 and 13 EMA will start to act as strong support along with 34 EMA. With FOMC coming up, if the news is favorable for Dollar, we can break thorough 34 EMA and confirm the trend reversal. I have over 6 years of trading and investing experience and have learned a lot in this time. I like to share what I have learned and if you like my content and would like to learn from my experience hit like and follow me for getting notified on my trade, market projections and several upcoming tutorials on technical analysis and several technical Indicators. you can also leave a comment and let me know if you want me to analyze any specific asset or want to learn about any specific topic in the world of Technical Analysis. I Will do my best to create a post for it. Keep learning and Happy trading All.
CAPITALCOM:DXY
by zakoraio
2
DOLLAR INDEX Correct to support & levels to watch. DXY💲Hello my friend, Everything is marked on the chart like always. We can consider it and entering safe in the Gold , Euro , Pound and etc. key point is 103. Good luck. If its useful please like it as a support and follow me to next analysis :) Salam doostan aziz, hame chiz rooye chart baraye shoma moshakhas shode. mitoonim in ro dar nazar begirim va vorood haaye behtari dar Gold va euro va pond va ... dashte bashim. noghte kelidi 103 hastesh. moafagh bashid. like va follow faramoosh nashe :)
TVC:DXYShort
by ArashBanakar
1
DOLLAR INDEX Correct to support & levels to watch. DXY💲updateHello my friend, Everything is marked on the chart like always. The market on the way from last week and now on the minor support base which we can consider it and entering safe in the Gold , Euro , Pound and etc. key point is 103. Good luck. If its useful please like it as a support and follow me to next analysis :) Salam doostan aziz, hame chiz rooye chart baraye shoma moshakhas shode. market dar masir morede entezare ma az hafte gozashte dar haal harkat hast va dar haale hazer rooye yek base hemayati minor hast ke mitoonim in ro dar nazar begirim va vorood haaye behtari dar Gold va euro va pond va ... dashte bashim. noghte kelidi 103 hastesh. moafagh bashid. like va follow faramoosh nashe :)
TVC:DXYShort
by ArashBanakar
5
Dollar Index (DXY): Bearish Outlook Explained💲 Dollar Index is trading in a minor bearish trend on a daily. The market is steadily falling within a falling parallel channel. The market is currently approaching a very important confluence point based on a resistance of the channel and a broken horizontal resistance. I believe that chances will be high to see a bearish move from the underlined zone to 101.0 level. Alternatively, remember that a bullish breakout of the resistance of the channel will initiate a correctional movement on the index. ❤️Please, support my work with like, thank you!❤️
TVC:DXYShort
by VasilyTrader
11
DOLLAR Index 1H - 4/4/23 AnalysisInteresting level here, price finally got a break below 102, Job reports were lacking by close to a million jobs and factory orders are down to -0.7% when -0.4% was expected. On a macro sense, there appears to be a large amount of indecision in the market and it is reflected in the price movements. Fundamental news vastly supports the level of indecision that is present. Looking at the 1H, I'm curious to see if price will show magnetism towards this level considering its a long-term major reversal area. Magnetism supports longer consolidation period or zone and could again be reflected in the news. I think Market Sentiment is key now when preparing trades for the Dollar simply because they is so much happening in the news. There has been some latency in the market, this could be a period where volatility and momentum could pick up as we move throughout the year. Near-term, I'm expecting price to seek down 101.100 before stagnating and determining where to go from there.
TVC:DXY
by MultiBillionaireMom
1
DXY Performance and Housing Market Outlook in the USOn Thursday, the trading activity appeared to be subdued following the release of several favorable economic indicators. However, a slight uptick in weekly unemployment claims in the United States exceeding 200,000 for the first time since January prompted the short-term returns to plummet, resulting in concerns among investors. This has consequently led to apprehensions of a prospective decline in the stocks, particularly with the significant release of the United States job market data looming over. Alas, the likelihood of an uneventful trading session came to a halt due to a significant decline in banking shares. The implosion of Silvergate Capital, along with the steep descent of SVB stock, drove the banking sector into obscurity. Silvergate Capital had played a crucial role as a financial institution for cryptocurrency exchanges in the United States. It remains uncertain as to how another financial institution can be identified to facilitate the transfer of funds between cryptocurrency and fiat currency. We can expect a rise in the number of existing home sales to 4.19M, surpassing the previous figure of 4.00M. If this prediction materializes, it could be a positive indication for the US housing market. It may also result in an increased demand for the US dollar. Recent Notes from the Central Bank: The Committee has decided to raise the federal funds rate target range from 4.5% to 4.75%, with a plan to continue increasing it further to bring inflation back to the desired level of 2%. The Committee will keep a close eye on incoming information and adjust the monetary policy stance as needed to achieve its objectives. The decision to increase the target range received the majority vote from the Committee members. The next meeting is scheduled for March 23, 2023.
TVC:DXY
by FOREXN1
6