Dxyanalysis
DXY "Dollar Index" Bank Money Heist Plan on Bullish SideHola ola My Dear,
Robbers / Money Makers & Losers,
This is our master plan to Heist DXY "Dollar Index" Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money.
Entry : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Swing Low
Stop Loss : Recent Swing Low using 1h timeframe
Warning : Fundamental Analysis comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style.
GBP USD Trade Setup 1 hour timeframe.Following the head and shoulder pattern formed on GBP USD last week the price has been pushing down as DXY continues bullish..
As we all know the market dose not move in a straight line up trend makes higher highs and higher lows, down trend makes lower lows and lower highs.
On the 1 hour timeframe GBP USD has broken a structure level to the downside, before we can sell we need to see a pullback of the next candlestick retesting the lower low level. ⏰
DXY- Where to?After forming a double top above the 106 level, with the second top occurring at the beginning of July, the DXY (US Dollar Index) began to decline.
After breaking the 104 neckline of this pattern, the index tumbled to the key support level at 100.50, which coincides with the price level from the start of the year.
As expected, the price started to recover, and at the time of writing, it is trading at 101.66. Although there has been a rebound from support, it's too early to consider the trend reversed. For a confirmed reversal, the price needs to break back above the 102.50 zone.
If this happens, the price could continue upward, with a longer-term target around the 106 level and an interim resistance at 104.
Conversely, if the index fails to break above 102.50 and drops back to 100.50, there is a high probability of a further decline, with 98 as the next target.
Bullish bounce?US Dollar Index (DXY) is falling towards the pivot which has been identified as a pullback support and could bounce to the 1st resistance which acts as a pullback resistance.
Pivot: 101.53
1st Support: 101.16
1st Resistance: 102.144
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Disclaimer:
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Navigating Critical Market Levels: DXY & NAS100 Analysis👀 👉 The DXY and NAS100 are currently at pivotal points, with price action flashing caution signals. The DXY is probing key liquidity levels, while both DXY and NAS100 are showing signs of structural shifts in their trends. It could be prudent to approach the market cautiously today, waiting to see how the USD develops during the New York session and into Tuesday.
Disclaimer: The insights shared in this video are for educational purposes only and should not be considered financial advice. Always conduct your own analysis or consult with a financial advisor before making any trading decisions. 📊✅
DeGRAM | DXY rebound from the extension levelDXY is moving in a descending channel between trend lines.
The price has reached the 100% extension level and is now trading above the support.
The chart has formed a pattern AB=CD.
We expect a rebound.
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Share your opinion in the comments and support the idea with like. Thanks for your support!
DXY "Dollar Index" Bank Money Heist Plan on Bullish SideMy Dear Robbers / Money Makers & Newbies,
This is our master plan to Heist DXY "Dollar Index" Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money.
Entry : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Swing Low
Stop Loss : Recent Swing Low using 30 mins timeframe
Warning : Fundamental Analysis comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style.
USD DOLLAR possible reversal for 102.50USD Dollar hit the 100.50 price level which is strong support area of last 8 months. 28th December 2023. this is quite strong support area which should fight to hold and reverse price upside to the 102.50. Buying zone 100.50, stop loss: 100.20, target: 102.50. Trend is quite bearish, reversal trade takes time to digest supply for long. If USD Dollar holds that strong support then might see fall in gold, eur and other currencies as well.
USD bears! Markets don't move in a straight line (forever)We stand back to admire the long-term chart of the US dollar index, and yes there could be further downside over the coming weeks. But a quick check on the daily timeframe makes us wary of jumping into an already well-established short, given potential support levels nearby and the fact everyone and their dogs seem to be bearish the dollar.
#DXY 1W chartLet's update our #Dxy 1W chart;
100$ already seen.
The pattern I mentioned before continues, I was wondering if it would only go up one more round, but it did not allow it.
* Weekly close came below the trend line.
* It gave a mismatch signal.
* For the first time in 2.5 years, it closed below the 200 EMA on a weekly basis.
After OB fills the resistance zone (gray box), it may rise again for an up retest.
If it closes below the blue line, the decline may deepen.
Why is DXY important for us?
DXY Potential Longs from 100.200 back upMy current bias for the dollar is very much bearish, as price has broken structure to the downside once again. While I don’t trade the dollar directly, I use it as a confluence to confirm trade ideas for other pairs like GBP/USD (GU) and EUR/USD (EU). Since I’m looking to short both pairs right now, this bearish outlook on the dollar makes sense.
In scenario (B), I can see the price heading to the 9-hour demand zone, where it might accumulate and then shoot back up to the next supply zone. With the recent break of structure (BOS), a nicely formed 4-hour demand zone is also in play.
Since price is currently in a supply zone, I’ll stick with this bias until the dollar "shows its hand." However, if the dollar slows down and begins to accumulate on Monday, we might see some promising opportunities this week.
Given that this is a counter-trend trade, I’ll be cautious, aiming for high risk-reward ratios while keeping an eye on the nearest demand zone for entries.
Happy trading, guys!
DXY Analysis - Is there light at the end of the tunnel?DXY tested support around 100.5 and is currently around 100.8, well below 4HR 50MA. Reclaiming 4HR 50MA, a reversal pattern in the support zone from 100 or 1W 200MA could signal a reversal and/or recovery. Closing below 1W 200MA could signal further weakness. Jobless Claims at 14:30 and PMI at 15:45.
DXY - somewhere in high time frame demand zone 101.700 - 100.600 is the demand zone on weekly time TF
price has pierce down in the demand zone to its mid's
the last 4 days of downfall was sharp that it has left only one resistance that could be noted on 103.250
what are the sign to start building long >>>
* just on the top of demand zone we have a daily bearish fvg marked (in red) if we have any coming day break that zone with one strong bullish candle will grab the confidence of the bulls
* meanwhile with 100.900 low could be sweeped or tested
* if that one candle breach that bearish fvg we likely see new daily Order block which will like fuel station to built one by one instead of putting full quality at once
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yellow line = prediction line
red zone = bearish fvg
green zone = high time frame demand
orange zone = time time frame supply
more updates will be done on the comment as per the action goes further
SasanSeifi| Mid-Term Bearish Outlook for Dollar Index! (5Day)Hey there, In the 5-day long-term timeframe, the TVC:DXY faced a correction from the supply zone around $106.500. After some minor fluctuations within this range, the price, failing to stabilize above the $106 level, encountered a renewed downtrend from the bearish order block. Currently, a strong bearish momentum is observed, and the midterm outlook remains predominantly bearish.
It is expected that, in the midterm timeframe, the price will move toward the identified demand zone, with a potential decline to the corrective target around $99 to $98.73, especially after breaking the $100.600 to $100 range. Once this area is reached, there is a possibility of a positive price reaction. To better understand the future movement of the Dollar Index, it's crucial to closely monitor how the price reacts to these corrective targets. However, if the downtrend continues and the $98 level is breached, and the price stabilizes below it, the next corrective target could be around $97.50 to $96.
To better understand the future movement of the Dollar Index, it's essential to keep a close watch on how the price reacts to these corrective targets.
💢 Please remember that this is just my personal viewpoint and should not be taken as investment advice. I’d love to hear your thoughts and share opinions!
Happy trading!✌😎
Sure, if you have any more questions or need further clarification, feel free to ask. I'm here to help!✌
DeGRAM | DXY rebound from dynamic supportDXY is moving in a descending channel between trend lines.
The chart has reached the lower boundary of the channel, dynamic support and is now moving above the support level.
The price has formed a pattern AB=CD.
We expect a rebound after the support level is retested.
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Share your opinion in the comments and support the idea with like. Thanks for your support!