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Dxyforecast

DXY - MARKET OVERVIEW DXY - MARKET OVERVIEW DXY moved parabolic for the most of this month and smashed yearly highs, this is being fuelled by the conflict in Europe but also the FED HIKE RATE event where they expect to print 50 bias points. This is bullish for the dollar and has been a driving factor but price has gone up so much which a correction it's becoming unstable. If the 50 bias points is printed I'd expect a big spike in DXY before a mid term bear cycle as price is already well and truly factored in, it's a waiting game from here and I am sticking to my bias. Make sure you use the link below to follow us more closely! ------------------------------------------------------------------------- Pip count this week 💰🏆+1035 pips WTI SHORT / 74 pips ✅ GBPUSD LONG / -26 pips ❌ WTI SHORT / 185 pips ✅ WTI SHORT / -10 pips ❌ GOLD BUY / 70 pips ✅ GOLD SELL / 170 pips ✅ WTI SHORT / 200 pips ✅ GOLD SELL / -30 pips ❌ GBPUSD SELL / 67 pips ✅ GOLD SELL / 30 pips ✅ WTI SHORT / 60 pips ✅ WTI SHORT / 130 pips ✅ GBPUSD SELL / -30 pips ❌ GBPUSD SELL / -15 pips ❌ WTI SELL / -70 pips ❌ WTI BUY / 100 pips ✅ GBPUSD SELL / 20 pips ✅ GOLD SELL / 110 pips ✅ 18 trades taken 12 wins ✅ 6 losses ❌ 66% win rate
TVC:DXY
by UnknownUnicorn33264805
Welcome to 2030, I own nothing have no privacy and it's too lateWorld Economic Forum Nov 12, 2016 5 min read by Ida Auken, Member of Parliament, Parliament of Denmark (Folketinget) Welcome to the year 2030. Welcome to my city — or should I say, “our city”. I don’t own anything. I don’t own a car. I don’t own a house. I don’t own any appliances or any clothes. It might seem odd to you, but it makes perfect sense for us in this city. Everything you considered a product, has now become a service. We have access to transportation, accommodation, food and all the things we need in our daily lives. One by one all these things became free, so it ended up not making sense for us to own much. First communication became digitized and free to everyone. Then, when clean energy became free, things started to move quickly. Transportation dropped dramatically in price. It made no sense for us to own cars anymore, because we could call a driverless vehicle or a flying car for longer journeys within minutes. We started transporting ourselves in a much more organized and coordinated way when public transport became easier, quicker and more convenient than the car. Now I can hardly believe that we accepted congestion and traffic jams, not to mention the air pollution from combustion engines. What were we thinking? Sometimes I use my bike when I go to see some of my friends. I enjoy the exercise and the ride. It kind of gets the soul to come along on the journey. Funny how some things seem never seem to lose their excitement: walking, biking, cooking, drawing and growing plants. It makes perfect sense and reminds us of how our culture emerged out of a close relationship with nature. “Environmental problems seem far away” In our city we don’t pay any rent, because someone else is using our free space whenever we do not need it. My living room is used for business meetings when I am not there. Once in awhile, I will choose to cook for myself. It is easy — the necessary kitchen equipment is delivered at my door within minutes. Since transport became free, we stopped having all those things stuffed into our home. Why keep a pasta-maker and a crepe cooker crammed into our cupboards? We can just order them when we need them. This also made the breakthrough of the circular economy easier. When products are turned into services, no one has an interest in things with a short life span. Everything is designed for durability, repairability and recyclability. The materials are flowing more quickly in our economy and can be transformed to new products pretty easily. Environmental problems seem far away, since we only use clean energy and clean production methods. The air is clean, the water is clean and nobody would dare to touch the protected areas of nature because they constitute such value to our well being. In the cities we have plenty of green space and plants and trees all over. I still do not understand why in the past we filled all free spots in the city with concrete. The death of shopping Shopping? I can’t really remember what that is. For most of us, it has been turned into choosing things to use. Sometimes I find this fun, and sometimes I just want the algorithm to do it for me. It knows my taste better than I do by now. When AI and robots took over so much of our work, we suddenly had time to eat well, sleep well and spend time with other people. The concept of rush hour makes no sense anymore, since the work that we do can be done at any time. I don’t really know if I would call it work anymore. It is more like thinking-time, creation-time and development-time. “They live different kinds of lives outside of the city” For a while, everything was turned into entertainment and people did not want to bother themselves with difficult issues. It was only at the last minute that we found out how to use all these new technologies for better purposes than just killing time. My biggest concern is all the people who do not live in our city. Those we lost on the way. Those who decided that it became too much, all this technology. Those who felt obsolete and useless when robots and AI took over big parts of our jobs. Those who got upset with the political system and turned against it. They live different kind of lives outside of the city. Some have formed little self-supplying communities. Others just stayed in the empty and abandoned houses in small 19th century villages. Once in awhile I get annoyed about the fact that I have no real privacy. No where I can go and not be registered. I know that, somewhere, everything I do, think and dream of is recorded. I just hope that nobody will use it against me. All in all, it is a good life. Much better than the path we were on, where it became so clear that we could not continue with the same model of growth. We had all these terrible things happening: lifestyle diseases, climate change, the refugee crisis, environmental degradation, completely congested cities, water pollution, air pollution, social unrest and unemployment. We lost way too many people before we realised that we could do things differently.
TVC:DXYShort
by axelrodd
5
DXY - start of the Roaring 20sHi there, DXY charts are preparing a massive fall on the Monthly timeframe, we will see new lows for DXY, Currently we are sitting at the top of the Falling wedge, in the last wave (5) at the weekly chart as well, preparing a topping process for a massive fall which will follow for DXY Fundamental reasons for DXY fall- Dollar loosing his "World reserve Currency " as we see examples from Russia, Demanding payments of Gas and Oil in Rubble, this is Showing a change of regime for the Dollar Dollar has been so strong last week, Why? In a last wave and a topping process, market makes sure to Change everyone sentiment , and bias , to that particular currency, in this case the Dollar, a massive move on the upside is turning everyone into Bullish on the Dollar, as it prepares a massive Fall, and when the fall Starts, Nobody will be expecting it, as we saw a massive rally last weeks. Currencies to Long vs the Dollar Mainly , AUD, GBP, EURO, NZD Which Currency will be the next "World Reserve Currency"? From the charts, JPY is suggesting that it will be the next strongest Safe Haven in the incomming Months, So, Prepare to Short USDJPY as well, on this Dollar crash Good Luck!
TVC:DXYShort
by fernandoc17
6
#DXY is giving us a hint for the upcoming move in the market.I'll keep it short and simple. Overextended rally in DXY adding up to bearish divergence in RSI and similar fractals are indicating a rejection at the current level. Rising wedge channels are normally bearish in nature. A reversal candle will trigger the move and eventually, the traditional market will move along with Crypto Market. The index must close below the red MA for the final confirmation. Although we are at a decisive point, the patterns are indicating a potential bearish move. Invalidation:- Break and close above the upper resistance trendline will invalidate the chart. Let me know what you think. Do consider hitting the like button if you like my content, Thank you. #PEACE
TVC:DXYShort
by Cryptorphic
6
Dollar Index Trend AnalysisBoth RSI & Stochastic are showing hidden bearish divergence in monthly timeframe. Stochastic maxed out in monthly and weekly is approaching max level. RSI is strong in both monthly and weekly. Important level to watch out for is 102.250 This level is likely to be the top as per the symmetrical wedge pattern. Another important level which is more likely to hit is 105.410 You can see the dashed orange line proved to be an important key level in the past. It is at the top of the parallel channel and also near 70% retracement level to add more confluence.
TVC:DXY
by Swastik24
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
TVC:DXY
by MillionaireEconomics
5
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. 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.
TVC:DXYLong
by AronnoFx