DXY Idea H1Here is my view for DXY on H1. The price could go up, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Dxyforecast
DXY SHORTS ACTIVE 📉📉📉Expecting bearish price action on DXY on a short-term perspective as price should fill the huge bullish imbalance that was formed on friday due fundamental reasons, there is also a possibility that price will take out weekly highs liquidity and then quickly reverse to the downside.
This perspective is only on a LTF basis, from a HTF perspective DXY is very bullish.
What do you think ? Comment below..
DXY US Dollar: Fractal UpdateToday I am charting the The US Dollar Index (DXY) on a monthly chart over a multi-year period.
I am showing a comparison of the DXY price from 1995-2002 with the Price and RSI resembling the current price and current RSI. I circled and highlighted the areas of comparisons. Furthermore, I overlaid the historical price over the current price to see where the top may be before a reversal. Shockingly that price range is very close to my DXY price on the February and January 2022 Idea in the related ideas below.
Currently, the DXY price may head back down to the Fibonacci Retracement level of 0.50 as shown in the chart. This is also near the 200 SMA. The price drop may give the crypto and equity markets a chance to move higher.
When zooming out, the US Dollar price looks very bullish in the long-term. This is a monthly chart so please be patient with price action.
What are your opinions on this? I love reading your comments below.
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
Roaring 20s is about to start as the dollar is at a 40 year peakThe monthly suggests a wyckoff distribution schematic 2: Phase C. It's about to get super wild for emerging economies and financial markets.
DXY SHORTS SHORT TERM📉📉📉📉 Expecting short-term shorts on the DXY from this area as price takes out liquidity above the 100$ institutional figure + weekly highs area. VIX should go down STOCKS should go up from a technial perspective meaning DXY has a high probabilty to go down, be mindfull that this in only SHORT-TERM ANALYSIS on the DXY as i am bullish on a mid-long term perspective
What do you think ? Comment below..
DXY Idea H1Here is my view for DXY on H1. The price should go up, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
DXY create ab=cd pattern. So BUY Now.....
N.B-In this situation DXY chart create ab=cd pattern.
So, Market needs seems to sell correction To Support Zone.
Then market fully bullish 100.400 AND 100.850 Resistance Zone.
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Traders, if you like this idea or have your own opinion about it,
write in the comments. I will be glad.
DXY SHORT-TERM SHORTS 📉📉📉 Expecting bearish price action on DXY after price made the breakout from the monthly range, right now we saw a draw on liquidity above 100$ level. From a mid-long term perspective DXY aka USD is very very bullish but from a sohrt term perspective we can catch a risk counter-trend trade from this area right into bearish POI's. 99.000 final targets
What do you think ? Comment below..
DXYThe weekly price chart below shows the U.S. Dollar Index rose strongly last week, in line with the long-term bullish trend, printing a bullish candlestick that closed in the top quarter of its range. This was the highest weekly close seen since May 2020. The low of the weekly candlestick was not far from the support level at 12293. Dollar bulls will be encouraged that the nearest support level, shown in blue at 12293 within the below price chart, has continued to hold, and the price has continued to advance to new highs. However, the price is not far from a key resistance level at 12470 which may impede further progress, at least over the short term.
It will probably be wise to take trades in favor of the US Dollar in the Forex market over the coming week.
DXY LONGS 100 📉📉📉Dxy touched 100$ as i told in the previous posts, we broke the monthly range area and i think new highs are expected on DXY. Strong USD after the FOMC meeting.
What do you think ? Comment below..
DXY - Longer term! $DXY Longer term view
Here's a longer term view technicals of DXY - Very important chart especially as we head into march with expected rate hikes and we do have FOMC today - as we anticipated the action forward ..Never forget the market is forward looking as yields head higher. The bullish momentum has occurred last yr Q4. Most of the % hikes is priced in but we could still have more bullish momentum to continue.
Bullish if we stay above 50/21 EMA.
Bearish if we go below 50/21 EMA.
KEY TIP: Higher time frame is always a good indication for short term time frame movement.
Trade Safe
Disclaimer: Not Financial Advice
DXY Prediction D1Here is my view for DXY on D1. The price should go up, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
US DOLLAR INDEX - FUTURE FORECAST?The USD is the strongest of the major currencies and in doing so, the dollar index (DXY) is also making a new high for the year. The index trades at the highest level since June 2020.
Price Action:
DXY has been in bullish trend and trading in bullish parallel channel (as shown in chart). This channel has been very reactive in the past. Currently price is standing at the top of the channel near psychological mark of 100.
It has printed bearish divergence on RSI and considers as strongest due to the current standing of price action.
While bears put 2 strong points on the table of divergence and channel top. Bulls counter with a breakout of month long consolidation.
We remain watchful of the price action and trade it with the price action.
What do you think? Who will win this battle?
DXY Bullish H1Here is my view for DXY on H1. The price should go up, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
DXY top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
EURUSD can drop 200pips from hereas we can see SMT is creating between both pair
EURUSD is taken out Pre Week high as well, where DXY is still failed to break, once i will got entry i will post in below comment
DXY Prediction H1Here is my view for DXY on H1. The price should go up, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
DXY LONGS 📉📉📉📉 Expecting bullish price action on DXY as we have a lot of liquidity that has been build above the trendline. We are in a bullish market strucutre from a higher timeframe perspective H4/D1 + fundamental context is strongly bullish on DXY because we will have rate hikes this year. Price found a support area somewhere around 98.400 and from there we should go for 100$ if we have enough volatility for this week.
What do you think ? Comment below..
DXY LONG TERM LONGS 📉📉📉📉 Expecting bullish price action on DXY based on a medium-long term analysis, we are clearly bullish from a technical standpoint if we take a look at the HTF D1/W1. From a fundamental perspective the FED ( USA CENTRAL BANK ) increased the interest rate and they announced that they will increase it more in the following year. For now the price is trapped in a RANGE area that should be taken out the next week
100 institutional figure is very very close for a next week target.
What do you think ? Comment below..
DXY INDEX TUTORIAL 📉📉📉🎯 DXY - USD Index
USDINDEX - The U.S. Dollar Index (USDX, DXY, DX, or, informally, the "Dixie") is an index (or measure) of the value of the United States dollar relative to a basket of foreign currencies, often referred to as a basket of U.S. trade partners' currencies, this index helps us to understand if USD is bullish or bearish on a short term or long term perspective.
🎯 DXY has two correlations one of them is positive meaning the certain assets moves like DXY and negative corelation meaning certain assets move exactly vice-versa.
✅ DXY Positive Correlations
DXY ⬆️
USDCAD ⬆️
USDJPY ⬆️
USDCHF ⬆️
USDRUB⬆️
USD XXX ⬆️
✅ DXY Negative Corelations
DXY ⬆️
EURUSD ⬇️
GBPUSD ⬇️
AUDUSD ⬇️
NZDUSD ⬇️
From a technical standpoint to have a better probability in your trades try to find entries when both DXY and for example USDCAD are in long poi (point of interest) this will increase your chance of having profits as you use inter-market correlations
DXY Prediction H1Here is my view for DXY on H1. The price should go up, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
