Dxyanalysis
DXY Analysis. FOMC minutes dayHello Everyone. I want share my idea one more time about DXY, and what i need for open my short position.
How i said in my last 2 idea we have bullish dollar but at 1W timeframe its bearish. But at the moment what we are looking it broke weekly bearish trendline but got big rejection from daily resistance. For bullish movement it need to brake this resistance and after retest continue trend.
Here is my example what i need for open at dollar short position which will be i think signal from new strong sellers.
We need to be patient for see what we will get from this chart.
I will link my 2 price prediction of dollar 1 from here was profitable for me.
DXYIf DXY is able to break above the zone, then we will see a further push to the lower side on EURUSD, however if that fails and we see a push below the 102.777 area, then EURUSD may gain some momentum. We keep our fingers crossed while watching the market for its next move.
Disclaimer:
All trade ideas are given for educational purposes and should not be treated as an investment advice, hence do your due diligence. Past results does not guarantee future results
DXY Dollar Index The Dollar Index (DXY) is presently situated at the upper boundary of a trading channel, accompanied by several concurring factors that suggest potential selling opportunities. These include the possibility of encountering resistance near the range of 103.380 to 103.450, aligning with a notable rejection point. Furthermore, there is the presence of the -0.618 bullish Fibonacci target, potential rejection candlestick formations on the hourly chart, contact with the 200-day moving average, interaction with a descending trend line stemming from November 2022, and the impending trading session tomorrow, which adds another layer of convergence to the analysis.
🔔DXY is ready for Pull Back🔔As I expected, DXY broke the resistance lines , and now DXY is moving near the 🔴 resistance zone($103.80-$103.38) 🔴.
🌊According to Elliott wave theory , DXY completed 5 impulse waves at the resistance zone.
🔔I expect DXY to drop to at least the uptrend line in the next few hours.
U.S.Dollar Currency Index ( DXYUSD ) Analyze, 1-hour time frame⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
DeGRAM | DXY pullback and continuation DXY is in an ascending channel, making higher highs and higher closes. It broke through the consolidation zone and moved higher.
If price pullbacks to the support level and the Fibo 50% level, the market will probably go up by grabbing liquidity below the recent low.
We expect the trend to continue and retest the highs.
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Increase of DXY index after breaking the Resistance Line🚀Hi everyone👋.
💡The DXY Index is ready to break the resistance lines; one of the signs is Bullish Marubozu Candlestick Pattern .
🌊If we look at the DXY from the theory of Elliott waves , we will find that DXY is on the way to completing wave 5 (📚If DXY breaks the resistance lines, we can confirm the end of wave 4 📚).
🔔I expect DXY to break the resistance lines and at least go UP to the 🔴 resistance zone($103.80-$103.38) 🔴 in the coming hours.
U.S.Dollar Currency Index ( DXYUSD ) Analyze, 4-hour time frame⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
📈DXY daily chart pattern📉TVC:DXY
CAPITALCOM:DXY
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✍🐱👤Otherwise, make sure you leave comments and let me know what you think.🐱👤✍
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DXY LONG TERM TRADE SELLING
Hello Traders
In This Chart DXY HOURLY Forex Forecast By FOREX PLANET
today DXY analysis 👆
🟢This Chart includes_ (DXY market update)
🟢What is The Next Opportunity on DXY Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
DXY Analysis - Weekly Timeframe (ICT)On the weekly timeframe it is more convincing that the last spike down was a sellside liquidity grab in order to start reaching towards the buyside liquidity, starting with the descending trendline.
I will be anticipating further movement higher over the weeks/months to reach for the weekly Bearish Breaker Block. I also expect a measure of using a previous FVG/iFVG as support before heading higher. If price pushes higher into a weekly Orderblock residing above, then I would consider that the last line of defense before the DXY potentially making new highs.
I am excited about the possible setups based on DXY in the near future.
DeGRAM | DXY bullish opportunityDXY is in a bullish trend and broke and closed above the 102.000 level.
Price action is trading in the ascending channel.
If price pulls back to the support level, then we can look for buying opportunities.
We expect the resistance to be tested.
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Share your opinion in the comments and support the idea with like. Thanks for your support!
DXY Analysis. CPI Day! No trade today!Hello Everyone. I want share my idea after we will get some news from CPI.
In my last analysis of DXY my price prediction still short (i will link that idea in this post) My price prediction is still Short. on high timeframe from weekly trendline we have some pretty bearish movements. I think until cpi numbers it will touch daily trendline then it will retest weekly trendline, if there will be not new sellers the price will brake easy that trendline.
TODAY I WILL NOT OPEN ANY TRADE UNTIL CHART WILL BE NOT CLEAR!
Good luck Everyone.
DXY Analysis. Crazy week incoming!!!Hello Everyone. I want share my idea about USD Index.
After big and strong downtrend dollar found strong buy LVL and from here it started uptrend but at high timeframe we see its still bearish. Friday we saw strong sell but its looks like new low, i think the little bullish trend will continue, it touch weekly trendline or daily resistance, and then we will see another strong bearish movement.
This trend started after unemployed/employed rate news, next week is more crazy, we have month cpi and other big news.
My price prediction is 2 side and simple.
1 Bullish - price has big reaction on this daily trendline, it brake daily resistance and weekly bearish trendline, then retest that zone and price is going up side.
2 Bearish - price going to weekly bearish trendline, from here it has big rejection and price coming down again, braking July low and test second big weekly resistance at 98.000 LVL.
Be Patient!!! Next week will be full of manipulations, Be carefully!!! Good luck everyone!!!
DXY 30Min Support and Resistance ZoneIn the realm of trading, every move matters, and the DXY 30-minute chart holds vital clues. Join us as we delve into the technical intricacies, uncovering the critical support and resistance levels that can shape trading decisions.
Support Levels:
101.7016: The primary foundation. A bounce from here could trigger a potential upward move.
101.5525: A step deeper into support. Watch closely for possible shifts around this level.
101.3313: The lowest support. If breached, it might hint at a more significant trend change.
Resistance Levels:
102.4500: The immediate challenge. A breakthrough here could pave the way for further upward momentum.
As always, keep in mind that markets are dynamic and can change rapidly. These levels are guides, not guarantees. Consider broader market factors, and use these technical levels wisely in your trading strategy. Stay vigilant and happy trading!