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Dollarindex

DXY AnalysisBased on Simple Technical Analysis ( Trendline + Support & Resistance ) Risk Disclaimer: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are for educational purposes only. Any action you take on the information in these analysis is strictly at your own risk. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Good luck :-)
TVC:DXYShort
by ShahedZare
Exciting Opportunities Await BTC Hovers at $25.6k as DXY Surges It's no secret that Bitcoin has been the talk of the town, captivating the attention of traders worldwide. However, amid this crypto frenzy, we cannot overlook the immense potential that lies within the US dollar. As the DXY continues its upward trajectory, it's time to consider a pause on BTC and explore the possibilities of longing for DXY. Why should you consider this move? Let me break it down for you: 1. BTC's Rally Pauses: While Bitcoin's performance has been remarkable, it's essential to recognize that every rally has its ups and downs. By pausing BTC for a while, you can potentially avoid short-term volatility and position yourself for a more favorable entry point later. 2. DXY's Rising Momentum: The US dollar index, DXY, is surging once again, indicating a strong bullish sentiment. This upward trend presents an excellent opportunity for traders to capitalize on potential gains by going long on DXY. 3. Diversify Your Portfolio: As traders, we understand the importance of diversification. By allocating a portion of your trading capital to DXY, you can balance your portfolio and mitigate risk, especially during uncertain times. Now, you might be wondering, how can I take advantage of this exciting opportunity. Here's your call to action: 1. Conduct Thorough Research: Dive deep into the latest market trends, analyze historical data, and stay updated on global economic events that impact both BTC and DXY. This knowledge will empower you to make informed decisions. 2. Utilize Technical Analysis: Leverage technical indicators, chart patterns, and key levels to identify potential entry and exit points for DXY. This approach will help you navigate the market with greater precision. 3. Monitor Market Sentiment: Stay connected with the trading community and follow expert opinions to gauge market sentiment accurately. By doing so, you can align your trading strategy with prevailing market conditions. 4. Consult with Experts: If you require professional guidance, don't hesitate to reach out by commenting below. We're here to provide insights, answer your queries, and help you make the most of this exciting opportunity. Remember, trading is all about seizing the right opportunities at the right time. By pausing BTC and longing for DXY, you position yourself advantageously in the market, potentially maximizing your profits. So, gear up, traders! Embrace this exhilarating moment and take action to capitalize on the rising DXY wave. Remember, the market waits for no one, and the time to act is now!
BITSTAMP:BTCUSD
by bryandowningqln
DOLLAR INDEX (DXY) ____ INCOMING BEARISH MOVEHello Traders, The dollar has been bullish for weeks now, going after multiple buy-side liquidity. Currently, it is close to a monthly buy-side liquidity (previous high). If this level should hold, we should see price go after the weekly sell-side liquidity (previous weekly low) which you would see on the weekly chart. If you look left, you will notice how price aligns well with the narrative. This is just a speculation and no fact but I would be using this view to trade all the dollar pair. I will make more analysis on the dollar pairs I would be looking to trade. Follow for more updates like this. Cheers, Jabari
TVC:DXYShort
by jabariofafrica
Dollar Bullish Momentum Continues Despite Global Challenges The global economy is facing a number of challenges, including rising inflation, slowing growth, and geopolitical tensions. These challenges have led some economists to warn of a potential stagflation environment, characterized by high inflation and low economic growth. Overall, the dollar had a few battles with other intermarket factors that tried to halt its bullish momentum, which has been ongoing for months. The euro had many indications last week that it plans to strengthen its currency by increasing interest rates in the near future. Germany, which is the eurozone's largest economy, supported this with its ZEW economic sentiment, which came back better than expected, causing short-term weakness during the New York session. Fuel was then thrown on the fire, making the dollar aggressively bullish with the statements made during the ECB press conference. In addition, the unemployment claims and retail sales being better than expected fueled the dollar's ongoing bullish momentum. With the upcoming Fed rate, where do you think is the next destination for the dollar?
TVC:DXYLong
by CandlesofKarma
DXY AnalysisBased on Simple Technical Analysis ( Trendline + Support & Resistance ) Risk Disclaimer: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are for educational purposes only. Any action you take on the information in these analysis is strictly at your own risk. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Good luck :-)
TVC:DXYShort
by ShahedZare
Bullish Dollar Within a Trading Range. TVC:DXY is currently trading in a consolidation pattern and is located in the premium end of the trading range between 104.447 and 103.013. The August 30 candle swept the short term daily sellside liquidity at 103.013 into the Weekly BISI fair value gap which was nearly totally rebalanced. Upon leaving the Weekly FVG range, it was repriced to the premium end of the range, forming a daily BISI Fair Value Gap. Sept 4th trading range appears to still be forming a Daily BISI fair value gap in which I expect price to protract into early in the week before either staying in a consolidated range or move higher toward daily and weekly buyside liquidity pools toward the daily Volume Imbalance. Price points of interest: D.Volume Imbalance: 105.278 & 105.125 Wk.Buyside Liquidity: 104.700 D.Buyside Liquidity: 104.447 D BISI Fair Value Gap: 104.025 high & 103.740 low D. BISI Fair Value Gap: 102.771 high & 102.654 low.
TVC:DXYLong
by DenisRisticFX
1
Short Bull Run for EUR\USD?EUR\USD has a Daily Volume Inefficiency right below this weeks closing price. I expect that, with the current momentum and the draw that this particular inefficiency is having on price for it to tap into this area and quickly spring up. This area of Volume Inefficiency is a visible Gap on the Daily chart Friday March 17-March 23rd this is also a Weekly opening gap that we have tested many times but have not managed to close. Here is the crux, if Monday or Tuesday you close the Gap by laying a solid candle across this Gap then I would expect EUR\USD to quickly find its target at 1.063. But with Dollar retracing, I am expecting the inverse of EUR\USD meaning that it will make a step ladder run drawn by 1.083.
Long
by JP_Tru
USD Ready To Complete a "Bullish Puzzle" After US CPI ReportToday holds significant importance as we await the release of US inflation data. Projections indicate a rate of 3.6%, surpassing the previous reading of 3.2%. This surge in expectations has propelled the US dollar's recent strength, driven by speculations that the Federal Reserve (FED) may consider implementing further interest rate hikes in the upcoming meetings. Additionally, escalating energy prices underscore the challenge of swiftly returning inflation to the 2% target. Consequently, the USD remains in an upward trajectory for the time being. Nevertheless, even if the inflation data hovers around or slightly exceeds the 3.6% mark, there's the possibility of a "buy the rumor, sell the news" effect. It's worth noting that the DXY has already seen a 6% rise from its summer lows, suggesting that a robust inflation report might already be factored into current prices. Taking an Elliott wave perspective into account, the recent price action appears corrective, with wave four unfolding within the broader uptrend. This implies that the market might be gearing up for one final upward surge in the coming days, potentially reaching resistance levels around 105.50-106. This zone could serve as the culmination point for higher-degree patterns. Therefore, I'll be on the lookout for signs of a reversal after this anticipated new high.
TVC:DXY
by ew-forecast
1
DXY (DOLLAR INDEX) ____ WAITING FOR BEARISH SIGNALHello Traders, The dollar has been rallying for days and weeks and we are slowly approaching a potential turning point. Price has already cleared two weekly buy-side liquidity (previous high) on its way up and is approaching the third. Although I am speculating and willing to go short, the market structure doesn't confirm to me bearish sentiment. I have annotated on the chart any of the 2 price structures that will interest me to go short. Until such a pattern is printed on the chart, I still believe that the dollar will continue to rally. Once any of these patterns appear, I will review the seven USD pairs to trade accordingly. Follow for more updates like this. Cheers, Jabari
TVC:DXYShort
by jabariofafrica
4
Dollar Under Pressure as Japan and China Defend Their CurrencyIntroduction: In recent times, the US dollar has faced increasing challenges as both Japan and China take measures to defend their respective currencies. This shift in global dynamics has raised concerns among traders and investors who heavily rely on the US dollar as their primary asset. However, this situation also presents an opportunity for us to reassess our investment strategies and consider diversifying our portfolios. In this article, we delve into the current state of the US dollar, the actions taken by Japan and China, and why it's time to consider allocating less to the US dollar. The US Dollar's Vulnerability: For decades, the US dollar has held its position as the world's primary reserve currency. However, recent economic developments have put pressure on its supremacy. Japan and China, two of the largest economies globally, have taken proactive steps to defend their currencies, challenging the US dollar's dominance. Japan's commitment to maintaining a weaker yen and China's efforts to stabilize the renminbi have created a more balanced global currency landscape. The Rise of Japan and China: Both Japan and China have demonstrated their determination to protect their currencies. Japan's monetary policies, such as negative interest rates and quantitative easing, have contributed to a weaker yen, boosting its export competitiveness. China, on the other hand, has implemented measures to stabilize the renminbi, preventing excessive depreciation and promoting stability in international trade. The Benefits of Diversification: While the US dollar remains a significant player in the global economy, recent events highlight the importance of diversifying our investment portfolios. Allocating less to the US dollar and exploring alternative currencies can provide numerous benefits, including: 1. Reduced Risk: Diversification allows us to spread risk across different currencies and economies, mitigating the impact of any potential downturn in the US dollar. 2. Increased Opportunities: By diversifying, we gain exposure to emerging markets and currencies that may offer higher growth potential, providing us with new investment opportunities. 3. Enhanced Resilience: A diversified portfolio is more resilient in the face of currency fluctuations, economic uncertainties, or geopolitical events, ensuring our investments remain stable over the long term. 4. Improved Returns: Diversification helps us capture the potential gains from different currencies, reducing the reliance on a single currency's performance. Call-to-Action: Embrace Diversification Today! As traders, we have the power to adapt to changing market conditions and seize opportunities when they arise. The current scenario, with Japan and China defending their currencies, presents an ideal moment to reassess our investment strategies and allocate less to the US dollar. Consider exploring alternative currencies such as the yen or renminbi, which offer potential benefits and diversification advantages. Additionally, explore other investment avenues like emerging markets or commodities, which can further enhance the resilience and growth potential of your portfolio. In conclusion, let us embrace this shift in global dynamics as an opportunity to diversify our portfolios, reducing our reliance on the US dollar. By embracing diversification, we position ourselves for greater resilience, increased opportunities, and improved returns. Now is the time to act and adapt our investment strategies to navigate the evolving global currency landscape successfully.
TVC:DXYLong
by bryandowningqln
1
DXY - Weekly Timeframe Analysis (ICT)We have more clues on the Weekly timeframe. Most recently, price broke out of a descending trendline and immediately rebalanced into a small Weekly Bisi (annotated by red arrow), which is usually indicative of rapid continuations to follow. As a prediction, I see price digging into the Monthly Sibi and the nested Weekly Breaker Block and possibly Weekly Orderblock before a potential HTF reversal. The highlighted Weekly iFVG/Bisi would likely be used as support once price gets into that range. Based on the current price action, bias, and high-impact news drivers coming out this week such as CPI, PPI, Consumer Price Index, Retail Sales and Unemployment Claims), we could see a potential low of the week on Monday/Tuesday/Wednesday.
TVC:DXYLong
by Road_2_Funded
Will the #Dollar Index Rally Continue?Monday, September 10, 2023 In the weekly chart of the US #Dollar Index, the market structure appears #bullish. Recently, the market found support around the 104 level, and the Dollar #Index has reached the 38.2% Fibonacci retracement level as part of a corrective move. In this week's trading, if the current #uptrend continues, and the 38.2% resistance level at 105.45 is #broken, the market may find a clear path towards the 50% Fibonacci #retracement at the 107 level. However, if the #resistance zone at 105.45 holds its ground, the #upward #momentum in the market may be limited, and the Dollar Index could return to the 104 #support level, marking a 23.6% #Fibonacci #retracement #correction. So based on this analysis I suggests a bullish outlook for the Dollar Index.
TVC:DXYLong
by POUSHEINI