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Dxyforecast

DXY Daily TA Neutral BullishDXYUSD daily guidance is neutral with a bullish bias. Recommended ratio: 60% DXY, 40% Cash. * US September PCE price index increased 0.3% from August, and Core PCE increased by 0.6% . DXY, US Treasuries, Gold, Agriculture, GBPUSD and Cryptos are up while VIX, Equities, Equity Futures, EURUSD and Energy are down. In Vladimir Putin's speech today he announced the 'formal' annexation of four regions in Ukraine , many believe this is to allow Russia to use chemical or nuclear weapons as part of Putin's promise to "... defend our land with all the powers and means at our disposal”. Putin also continued painting the narrative of the West as Satanic dictators in hopes of bolstering that perspective amongst Russia's people and allies; he also placed direct blame on the West for sabotaging the Nordstream Pipeline earlier this week. In Putin's words about the liberties and freedoms people have in the West, one can hear the Russian Orthodox directorship of Moscow's Patriarch Kirill who recently claimed that the Russian war dead have had their sins forgiven. One thing that Putin mentioned that is agreeable is that the USA is the only country to have used nuclear weapons on another country, whether Putin's Russia is the second, only time will tell. Short story long, Putin appears to be building up the necessary ingredients to officially start World War 3. Key Upcoming Dates: S&P US September Manufacturing PMI at 945am EST 10/03; September Employment Situation at 830am EST 10/07.* Price is currently trending down at ~$112 after being rejected by $114.63 resistance, the next support (minor) is at $110.02. Parabolic SAR flips bearish at $111.40, this margin is bearish. RSI is currently trending up at 60.51 after bouncing off of 59.17 support; the next resistance (minor) is at 70.28. Stochastic remains bearish and is currently trending down at 29 as it approaches a test of 24.14 support with no signs of trough formation. MACD remains bullish and is currently trending down at 1.19 as it's still technically testing 1.24 resistance, the next support is at 0.64. ADX is currently trending down slightly at 36 as Price is seeing a downward correction, this is neutral at the moment. If Price is able to bounce here then it will likely retest the upper trendline of the channel from October 2008 at ~$114 as resistance which will likely coincide with a retest of $114.63 resistance as well. However, if Price continues to break down here, it will likely test $110 minor support . Mental Stop Loss: (one close below) $111.50.
TVC:DXY
by dailytaguy
dxy where is the dollar going!we are at a very very key area right at this bullish order block on the 4hr dxy needed to pull back to in order for it to be the next leg up only if it holds of course but this is a area you want to watch if your trading and dxy pairs could be giving entries on a lot of pairs for a medium to long term swing a break below this level can show bullish ness in dxy pairs but once again the trend is up so it has to show us bears are in control by break that green area which i dont see after a major pull back that size with no news i would love to see the bulls take control soon but this is the 4hr so we have to wait for some more closes showing rejections at this level
TVC:DXYLong
by wolf_pack
[DXY] WHAT IS THE MARKETS SHOWING USdisplaying how dxy is controlling the markets at the moment anything that has to do with the dollar is at a key level just like the dollar so lets let the dollar show us the next move ..... trend continuation or a retrace we just be patient and wait for it to talk to us but be ready for the call follow like subscribe all of that any question dont hesitate to hmu on here #dxy #dxyanalysis #dxyforecast #dxyanalysistoday #dxyexplained #dxymtp #dxymashup #dxyewanalysis #dxyprediction #dxyindex#xauusd #xauusdforecast #xauusdanalysis #xauusdlive #xauusdstrategy #xauusdpredictiontoday #xauusdanalysisthisweek #xauusdanalysistoday#nas100 #nas100tradingstrategy #nas100strategy #nas100scalpingstrategy #nas100scalping #us100 #nas100analysistoday #nas100forecast ##nas100
TVC:DXYLong
by wolf_pack
Is DXY making a cup an handle pattern?So as for now we can see DXY is probably making cup and handle pattern but its inside strong support/resistances which can indicates if yes or not. We can also see that is looking for his supply which can be another clue about bullish trend in monthly chart. Also can explain my other post about USDMXN which is about to pullback in H-C-H pattern. Even above behavior already explained I saw in CRSI that for now overbought which makes me doubt a little bit, so I hope it is just a 4th Elliott's wave in lower timeframe.
TVC:DXYLong
by Edwinox92
DXY Daily TA Cautiously BullishDXY daily guidance is cautiously bullish. Recommended ratio: 90% DXY, 10% Cash. *Equity Futures, Agriculture, Metals and EURUSD are down to start the week while DXY, US Treasuries, Energy and Crypto are up. As long as the Federal Reserve's federal funds rate keeps going up and Russia keeps escalating the war in Ukraine, DXY will likely keep going up. Key Upcoming Dates: September US Consumer Confidence Index at 10am EST 09/27; August US New-Home Sales at 10am EST 09/27; Final US Q2 GDP revision at 830am EST 09/29; August US PCE price index at 830am EST 09/30.* Price is currently trending up at ~$113.78 after briefly testing $114.62 resistance earlier in today's session. Parabolic SAR flips bearish at $108.84, this margin is mildly bearish at the moment. RSI is currently trending up at 77.21 and is beginning to form a soft peak as it approaches 81.84 resistance. Stochastic remains bullish and is currently trending up at 96 and is beginning to form a soft peak as it still technically tests 88.40 resistance. MACD remains bullish and is currently trending up at 1.16 as it approaches 1.24 resistance with no signs of peak formation. ADX is currently trending up at 35 as Price continues going higher, this is bullish. If Price is able to break above $114.62 resistance then the next likely target is a retest of $119.88 resistance for the first time since January 2002. However, if Price is rejected here at $114.62 resistance, it will likely retest $110 minor support . Mental Stop Loss: (two consecutive closes below) $107.91.
TVC:DXY
by dailytaguy
DXY Monthly Chart (Predicted in Nov 2021)The DXY (Dollar Index) is shown on a monthly chart. DXY has broken out of a very long term line of S/R (Support and Resistance). It may come back down to re-test the S/R line before heading higher. It's interesting to see the parallel channel formation and the trend line it is walking on since 2008. I have been calling for the DXY to start moving higher since November 2021. What are your thoughts? Comment below and hit the like please. Thank you! Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #cryptopickk #bitcoin #altcoins
TVC:DXYLong
by MillionaireEconomics
7
Dxy- Stalling near hightsAfter the strong reversal from near the ascending trend line, DXY managed to get back above resistance, but the index is lacking conviction and is unable to continue. Instead, DXY is stalling and is putting in Pin Bars on our daily chart. This can be an indication that a correction could follow and a break back under resistance, now support would bring confirmation. I've become slightly bearish on USD for now. Wait and see is my approach on Usd pairs
CAPITALCOM:DXYShort
by Mihai_Iacob
16
20 Reason for Long DXYUpdate 07/09/2022 1 Structure 1/2: Bear 2 imbalances : Correction target marked 3 Current Move1/2 : Corrective 4 Entry TF : D1 4.1 ETF Structure: Bull 4.2 move : impulse 5 Support Resistance: Pull Back support waiting 6 FIB: waiting according to drawing for buy entry 7 candle Pattern: shrinking candles 8 Chart Pattern: 9 Volume : decrease correction now 10 Momentum: Bullish 11 Volatility : Divergence 12 strength: full favor of bulls 13 Sentiment : No1 14 Final Summary: go with Bull buys all signs are favor of buyer 15Buy /Sell/Wait : wait for buy 16 Entry:108.222 17 Sl: 107.555 18 Tp: 114.555 19 Risk to reward Ratio: 1:13 20 Excepted Duration : 45
ICEUS:DX1!Long
by Optimum369
1