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Dxyanalysis

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.
TVC:DXYShort
by ChartStrategist
🔔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.
TVC:DXYShort
by pejman_zwin
14
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.
TVC:DXYLong
by pejman_zwin
24
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
TVC:DXYLong
by ForexPlanet20
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.
TVC:DXYLong
by Road_2_Funded
2
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.
TVC:DXYShort
by elmakacho
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!!!
TVC:DXYShort
by elmakacho
1
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!
CAPITALCOM:DXY
by enclavefx_Analaysis
75: DXY's Reclaimed 102.6: Eyes on Long Positions around 102.4Greetings, traders! 📊📈 A new chapter is unfolding in the world of the DXY (US Dollar Index) as it resurfaces above the 102.6 mark. This resurgence has ignited discussions about potential long opportunities near the 102.4 region, presenting an intriguing prospect for those closely monitoring this market movement. 🔀 Shift in Dynamics: With the 102.6 level now back in play, the landscape is shifting. This pivotal juncture, now functioning as a support-turned-resistance, signals a renewed bullish sentiment. Coupled with the proximity to the 102.4 zone, previously holding as a support, the stage seems set for potential long positions to come into play. 📉 Analyzing the Context: For those considering a long play, it's essential to stay attentive to the prospect of a pullback toward the 102.4 area. This could be an opportune entry point, especially if accompanied by encouraging bullish confirmations such as robust candlestick patterns or indicators signaling an upward trajectory. 🎯 Strategizing for Profits and Risks: As you craft your long strategy, mapping out profit targets around significant resistance levels or recent highs is prudent. Pair these targets with a well-placed stop-loss, likely positioned below the 102.2 level, to mitigate risk and cushion against potential adverse market movements. 📆 Event Sensitivity: Maintain vigilance over forthcoming economic events or announcements that might sway the DXY's course. These factors, combined with the broader market sentiment, can play a pivotal role in shaping the outcome of your long-trade scenario. 🚧 Ready for Contingencies: In the unpredictable realm of trading, having a contingency plan is a must. Should the DXY falter and dip beneath the 102.4 support, being prepared to reassess and recalibrate your trading approach is crucial. 📖 Unending Learning Journey: Remember, the path of a trader is one of perpetual learning and adaptation. Take advantage of this opportunity to refine your technical analysis skills and deepen your grasp of market intricacies. Disclaimer: This post is intended for educational purposes only and should not be construed as financial advice. Always conduct thorough research and seek guidance from financial professionals before executing any trading decisions. Wishing you all success on your trading endeavors! 🚀📈📊
TVC:DXYLong
by Soldi75