DXY Index Next MovePair : DXY Index
Description :
Break of Structure
Divergence
Bearish Channel in Long Time Frame as an Corrective Pattern
Completed " ABC " Corrective Wave
Impulse Correction
Rejecting from Resistance Level
Dxyforecast
DXY Index Next MovePair : DXY Index
Description :
Bearish Channel as an Corrective Pattern in Long Time Frame
Divergence
Completed " 1234 " Impulsive Wave
Break of Structure
Rejection from Fibonacci Level - 38.20%
DXY Index Next MovePair : Index DXY ( U.S Dollar )
Description :
Falling Wedge as an Corrective Pattern in Long Time Frame
Divergence
Completed " 1234 " Corrective Waves
Symmetrical Triangle in Short Time Frame
Break of Structure
Double Bottom Possible
Time comes for USD to dieWe completed wave two of wave c and now we are in wave 3 of c and it will Be hard movements so keep your eyes opining and see what will happens.
#DXY- BUY XXXUSD to catch Big Moves!!Dear Traders, following yesterday data on NFP we have now identified that USD pairs will be bullish for longer time as fear of recession has risen again, from negative NFP to increasing tax on Capital gains, everything indicating towards a negative DXY; we also have CPI next week which will be interesting and important for the investors and traders. It will be better to leave USD pairs alone on Monday where we will have a better understanding of the price action.
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DXYThe last bottom is really important to change or continue bearish trend. As you know we need DXY to analysis most of the charts so we should know DXY trend. If price break down the bottom it can continue and cause to break and change most of my analysis. if price turn before the last bottom, it can go up to around last top and all of my analysis is true, and you can use it. if price touch bottom line and turn to up, we should analysis DXY with next wave to change analysis DXY and other charts.
DXY Ready to pullback!Doller creates double bottom in the trend support line; a nice pullback is anticipated!
DXY 04 April Next MovePair : DXY Index
Description :
Rising Wedge as an Corrective Pattern in Long Time Frame as an Corrective Pattern with the Breakout of the Lower Trend Line
Selling Divergence
Completed " 1234 " Impulsive Wave
Break of Structure
Symmetrical Triangle in Short Time Frame and Breakout the LTL and Completed the Retracement
Impulse Correction
Rejection from Fibonacci Level - 38.20%
DXY Weekly CloseOnly a personal opinion - DXY Weekly
Seems positive for the USD today; look out two weeks, and it can still remain around the 102 level.
It will be sideways in the area 102-103 for the following week, now attempting to go to area 103.
If it break, the area 103 will continue to the area 104,448.
Perhaps the usd will receive some good news.
DXY Index New Week Possible MovePair : DXY Index
Description :
Bearish Channel as an Correction in Short Time Frame and Long Time Frame
Impulse Correction Impulse
Divergence
Completed " 12345 " Impulsive Wave and " ABC " Corrective Wave
Rejecting from the Fibonacci Level - 78.60%
Break of Structure
DXY SELL The beginning of the downward trend to the bottom of thDXY The beginning of the downward trend to the bottom of the channel
DXY Trading Plan - 30/mar/2023Hello Traders,
Hope you all are doing good!!
I expect DXY to go Up after finishing this correction.
Look for your BUY setups.
Please follow me and like if you agree or this idea helps you out in your trading plan.
Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management.
Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea.
DXY Index NEXT MovePair : DXY Index
Description :
Exp FIAT as an Corrective Pattern in LTF as an Correction
Break of Structure
Symmetrical Triangle with the Breakout of LTL in STF
Divergence
Completed " 1234 " Impulsive Wave
DXYThe price touched top line of big channel and came back to complete pullback on big triangle it was broken. The price had reaction when touched top line of triangle and break up and after that had correction. I think its time to bullish.
DXY Index Next Possible MovePair : DXY Index
Description :
Rising Wedge as an Corrective Pattern in Long Time Frame as an Correction with the Breakout of the Lower Trend Line and Retracement
Divergence
Break of Structure
Completed " 1234 " Impulsive Wave at Fibonacci level - 38.20%
Exp FIAT as an Correction in Short Time Frame and Rejection from the Lower Trend Line and Fibonacci Level - 78.60%
Impulse Correction Impulse
DXY one last leg down then continuation for new highsHi there,
DXY is setting up for one last drop to finish 4 wave before it resumes the uptrend, We have a rising wedge on 4h, after breakdown dxy will melt
Good luck with your trades
Dxy 1h outlookAm looking for this chart to give us a buy signal from the formed order block to complete a wxy correction. The correction will support a move to break the previous low for an impulsive buy.
DXY New Week Possible MovePair : DXY Index
Description :
Symmetrical Triangle as an Correction in Long Time Frame with the Breakout and Retracement
Impulse Correction
Breakout the S / R Level or Break of Structure
Divergence
Completed " ABC " Corrective Wave
Bullish Channel
views in dcb for DXYTVC:DXY made retracement of 61.8% successfully after made a significant downtrend and reversed from a strong resistance zone. now if it breaks 101.3-100.8 it will down till 99.8-99.4 to 97.7-96.9 and moreover 97.02 also a fibonacci forward zone of 127.2%. allover trend is downtrend.
Disclaimer - This chart analysis is only for educational purpose. Do proper research before trade/investment or consult with your financial advisor. This expressed opinion/view/analysis isn't a trade/investment advice/recommendation. SEBI unregistered independent trader/analyst.
Dollar Index Chart Analysis....
In this situation DXY chart create elliott wave Pattern. So,if breakout market
102:700 support Level Then market need long sell correction to nearest 102.200 and
101.100 Support level. If breakout 104.000 resistance level, then market will go up 105.
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.
📉DXY returns to the wedge pattern?📈TVC:DXY
INDEX:DXY
TVC:DXY
⚡These two scenarios are expected to occur in the dollar index. A break or resistance of the 102.598 level is very important to determine the continuation of the trend.
Please share ideas and leave a comment,
let me know what's your idea.
CrazyS✌
DXY road to 92, SHORT THE USDThe PetroYUAN is competing with the petroDOLLAR now and is causing concerns amongst the US economy. As BRICS gather forces and continues growing as oil rich countries are also joining forces with BRICS to fight against the petroDOLLAR.
Other economic factors why the DYX is looking weak are:
-Inflation: High inflation can erode the value of a currency, as it reduces the purchasing power of consumers and investors. If the US experiences sustained high inflation, it could weaken the US dollar even if interest rates are high.
-Economic growth: If the US economy is not growing as quickly as other economies, it could lead to a relative decline in the value of the US dollar. This could be exacerbated if other economies are experiencing strong growth and higher interest rates.
-Geopolitical risks: Political instability, trade tensions, and military conflicts can all increase risk and uncertainty, which can lead investors to sell US dollars and seek safer assets. If the US is perceived as a less stable or secure country, it could weaken the US dollar.
-Debt levels: High levels of debt can make a country more vulnerable to economic shocks and reduce its ability to stimulate the economy during downturns. If the US experiences a sharp increase in debt levels, it could weaken the US dollar.
-Market sentiment: Investor sentiment can be influenced by a wide range of factors, including news events, social media, and market psychology. If investors become pessimistic about the US economy or the prospects for the US dollar, it could lead to a decline in demand for US dollars and a weaker currency.
DXY Chart Analysis....
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.
