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.
Dxyforecast
$ RATE CUT IN THE AIR, WILL IT BOUNCE BEFORE THE DESCENT?The recent decline in the U.S. dollar can be attributed to several economic factors. Firstly, recent inflation data indicates that inflation in the United States is slowing down. The annual inflation rate for June 2024 was 3.0%, down from previous months. This slowdown has strengthened expectations of a less restrictive monetary policy from the Federal Reserve. Investors now anticipate a rate cut in September, possibly followed by another cut in November or December, which tends to weaken a country's currency.
Despite positive data from the Producer Price Index (PPI) for June 2024, the dollar continued to fall. The PPI showed a 0.1% year-over-year increase, with a 0.1% rise in goods and a 0.2% rise in services, both better than analysts' expectations.
The critical question now is whether the dollar will rebound before further declines. We are in a crucial zone, and a short-term rise might occur before any further drop, but much depends on Powell's speech scheduled for Monday. If the Federal Reserve Chair hints at a rate cut in September, the dollar could take another hit. Conversely, if Powell does not confirm this expectation, the dollar might benefit from the positive PPI data and rise temporarily.
Be careful!
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. 📊✅
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.
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 - 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
8.14 USD Trend AnalysisCPI is lower than expected, gold falls off a cliff, can the US dollar survive the desperate situation?
Today, the US seasonally adjusted CPI annual rate for the end of July was lower than expected. With gold and silver slightly bullish, gold price fell from a high of 2474 to 2050, a drop of 24 US dollars.
Everyone knows that if gold price falls, the US dollar will rise. Gold price currently lacks momentum. The war in the Middle East is still unclear. It may continue to fall. Will there be new entry opportunities for the US dollar?
What do you think of this view? Welcome to comment below
US dollar market trendYesterday, the deputy governor of the Bank of Japan said that "the market is unstable and there will be no interest rate hikes". This is a relatively "dovish" statement. In addition, the upcoming September interest rate cut conveys a good opportunity to enter the market.
That is, the US dollar will still fall. Although the market is narrow today, the US dollar continued to rise at the end of the trading day, but it should not last long.
Personal analysis: looking for high points and shorting
DXY New Week MovePair : DXY Index
Description :
DXY Index is following Symmetrical Triangle as an Corrective Pattern in Short Time Frame and It has breakout the Lower Trend Line. According to Elliot Waves theory it has Completed " 12345 " Impulsive Waves and " ABC " Corrective Waves. Rejecting from Strong Support Zone and Fibonacci Level - 61.80%
Will the dollar continue to fall?Market trends and analyst Ang Kar Yong, according to the CME Fed watch Tool, the market currently expects the Fed to cut interest rates in September with a probability of nearly 100%. Overall, the market expects the Fed to cut interest rates twice before the end of the year. If the July non-farm report is lower than market expectations, the unemployment rate rises and/or average income growth slows, the probability of the Fed cutting interest rates more than twice before the end of the year will increase.
This will undoubtedly bring additional bearish pressure to the US dollar index.
US Dollar Index Daily TF DXY
None Farm Payroll outcome from 13:30 today
U.S PRIVATE NONFARM PAYROLLS (JUL) ACTUAL: 97K VS 136K PREVIOUS; EST 148K
U.S PARTICIPATION RATE (JUL) ACTUAL: 62.7% VS 62.6% PREVIOUS
U.S MANUFACTURING PAYROLLS (JUL) ACTUAL: 1K VS -8K PREVIOUS; EST -1K
U.S AVERAGE WEEKLY HOURS (JUL) ACTUAL: 34.2 VS 34.3 PREVIOUS; EST 34.3
U.S GOVERNMENT PAYROLLS (JUL) ACTUAL: 17.0K VS 70.0K PREVIOUS
looks like it is going to close below 104.018
The DXY has dropped 100 pips following the non-farm payroll results and is expected to close below 104.024, indicating a bearish trend. Consequently, EUR/USD, GBP/USD, and GOLD are likely to swing bullish. My area of interest is around 102.959, where I anticipate a rejection due to the presence of a -0.27 Fibonacci level and an order block. This should lead to a pullback before resuming the bearish trend to create new lower lows.
Gold 4hr TF
Gold is moving higher as a result of the non-farm payroll outcome. I expect this upward trend to continue until it hits my area of interest at 2,482, where I anticipate a rejection. After this pullback, I foresee gold resuming its upward movement to achieve a new all-time high (ATH).https://www.tradingview.com/x/tuk0BSO7/
Can the dollar's dominance be maintained?I believe everyone knows that when the dollar rises, gold falls. But this year, an abnormal thing happened. Both the dollar and gold rose. Many people thought it was due to inflation, war, and geopolitical influences. In fact, everyone overlooked an important detail, which is "U.S. debt". In 2017, the U.S. national debt was about 20 trillion U.S. dollars. By the end of 2023, the U.S. national debt was as high as 34 trillion U.S. dollars. In fact, you can calculate how much debt the United States has issued in 6 years according to the speed of the expansion of the U.S. debt? The answer is "70%". All the money in the world will depreciate if it is printed too much, but will the U.S. dollar be immune? The answer is definitely "no". The reason why everyone is seeing the rise of the US dollar now is because not only the United States but other countries are also printing a large amount of currency. At the same time, the US dollar is a leading currency. When it continues to tighten liquidity, The U.S. dollar seems to be scarce, but it is reflected in real assets: For example, in , when we go back and compare the values of the two, it is not difficult to find that the U.S. dollar is actually depreciating? Why do we say that when the price of gold rose in April and May this year, the United States immediately The very strong non-farm payroll data came out and immediately pushed the price of gold back. However, in In July, the previous non-farm payroll data was significantly revised downwards. This wave of expectation management can be said to have made everyone stupid. In fact, the United States is Want to maintain the dominance of the US dollar. But now the global wave of de-dollarization and the Federal Reserve's interest rate cut are about to depreciate the US dollar, which is already unstoppable.
DXY Q3 bearish bias confirmed. Quarterly: Based on the Quarterly theory this is Q3 of this year 24, & Q2 was the manipulation of this year, which has been formed upside, So the Q3-Destribution the price will go down whole August-September 2024,
Draw on Liquidity: If I draw a FIB from the last year low to this year high the OTE Level is around 102-389 to 101.917. levels. So we will check any monthly PDA in this levels for the DOL, for the price.
Weekly: As there was 2 W-FVG- 's bellow the PQM level's so POI of price revarsal was that 2 W-FVG- 's for revarsal.
Now before the NFP Day, there are a possible W-SMT has been forming, So this confirmed me that the price is giving us a sign of revarsal. We need h4 confirmation for that to be more clear.
H4: In this H4 the price has formed a bearish H4-Breaker/Unicorn formation, which is a strong sign of revarsal, in a W level of POI, which gives me farther confirmation that in the up coming week the price will move lower.
So when all this 4 analogy
1. Quarterly Q3, Bearish analogy,
2. W-FVG- as a resistance,
3. H4-Bearish Breaker,
4. W-SMT in W-FVG-
When placed all to-gather in the chart, it gave me a confirmation that the DXY is going down up coming 2 months.
US economic recovery, good news for the global economyDXY: The USD index last week maintained an accumulation status around the 104.10-104.50 range and has not broken out yet. It is likely that the market will need information from this week's FOMC to have clearer trends. In the short term, it is expected that today, DXY will continue to accumulate around this price range, so you can consider buying USD when DXY retests 104.10.
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On July 25, the US Department of Commerce released a report showing that the world's largest economy grew by 2.8% in the period from April to June 2024 (twice as high as the previous quarter).
This growth is considered solid, as the US Federal Reserve's (Fed) inflation control measures seem to be effective.
Inflation, one of the key factors influencing the Fed’s monetary policy, is showing signs of cooling. The annual inflation rate fell to 3.2% in June, down from a peak of 9.1% last year. This development is believed to be the result of the Fed’s continuous interest rate hikes over the past year.