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Dxyforecast

DXY (Dollar Index) | Small correction♻️Hello traders, DXY in 1-hour timeframe, this analysis was prepared in 1-hour timeframe but has been published for a better view in 2-hour timeframe. According to the previous analysis, wave 1 was probably completed from wave c and the second wave, as we said, started. Wave 2 is formed as a flat. For now, we prefer not to count this wave. From wave 2, wave a is probably over and now we are inside wave b . We think that wave b will start its ascent for wave c by hitting the bottom of the pink channel. Of course, wave b is such that it forms the state of the prescribed three waves and moves close to the bottom of the channel, and in case of complete failure of the purple upward trend line, it can be said that wave c has started. The target for wave c will be the minimum channel ceiling and the maximum up to Fibo 0.618 and finally Fibo 1.618 relative to wave a . If the bottom of the pink canal is broken, the hope of climbing will decrease. 🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏 ❤️Please, support this idea with a like and comment!❤️
TVC:DXYLong
by mahdisoltaninjad
DXY (Dollar Index) | Small correction♻️Hello traders, DXY in 1-hour timeframe, this analysis was prepared in 1-hour timeframe but has been published for a better view in 2-hour timeframe. We expected the dollar index to be a five-wave longer wave as a triangle leader. but it did not happen. And it ended in the same area. The scenario was that we are inside the fourth wave that wave b is forming and wave b is currently over in our view unless the scenario changes. Wave c started and this wave formed the first microwave, wave 1. Wave 1 in the form of five waves is progressively making its last wave, wave 5. It is expected that wave 5 of 1 will start the second wave for wave c after hitting the channel ceiling or finally Fibo 1.00. However, it should be noted that wave 5 can also be an extended wave. 🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏 ❤️Please, support this idea with a like and comment!❤️
TVC:DXYLong
by mahdisoltaninjad
2
GOLD (XAUUSD) | The best point to climb🚀Hello traders, DXY in 1-hour timeframe, this analysis was prepared in 1-hour timeframe but has been published for a better view in 2-hour timeframe. The dollar index completed the triangle of 4 wave c . The wave structure of the 4 was not that it could be considered a flint, in fact because of the swinging and unavailable moves, and each of these movements in the form of 3 waves, the structure is more like a triangle. In this wave triangle e , there is a very short movement down and indicates the dealers of the seller. Therefore, the wave is likely to form a longer time and perhaps as a leading diameter triangle. But in terms of precipitations, the Fibonio 2.618 for wave c will move in proportion of wave a, if most of this wave, this wave is. And it should be said that if the green line failure, the decline is likely to be confirmed. 🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏 ❤️Please, support this idea with a like and comment!❤️
TVC:DXYLong
by mahdisoltaninjad
2
DXY (Dollar Index) | Small correction♻️Hello traders, DXY in 1-hour timeframe, this analysis was prepared in 1-hour timeframe but has been published for a better view in 2-hour timeframe. The dollar index of wave b is within wave c of four hours in time, and this wave will be one of five waves. From wave c we think that waves 1, 2 and 3 are formed and wave 4 is being formed. According to the current structure, this wave is likely to be formed as a triangle and from this triangle the waves e and d remain, Wave d ends on the upper side of the triangle and wave e is likely to hit the lower side of the triangle and form the fifth wave of wave c in the middle of the path. The fifth wave can eventually reach Fibonacci 2.618 for wave c. Move relative to wave a so wave five is weak and short. If the blue trend line and the lower side of the triangle are broken, the descent will be confirmed. 🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏 ❤️Please, support this idea with a like and comment!❤️
TVC:DXYLong
by mahdisoltaninjad
DXY (Dollar Index) | The last point to fall 🔥Hello traders, Dollar Index in 4-Hour Timeframe This analysis is prepared in 4-hour timeframe but has been published for a better view in 8-hour timeframe. At this time, we still preferred that the wave count be arranged in the same way as the previous analysis scenario. In this scenario, the dollar index is inside its fourth wave at higher times and is forming from the fourth wave of wave b. Wave b has reacted exactly to Fibo 1.38 and is building a ceiling. Move towards this Fibonacci and will continue its decline for wave c to Fibonacci 1.27. But if wave b moves beyond Fibo 1.38, wave c cannot pass through the end of wave a . Also, the zigzag formed for wave b , wave c relative to wave a if it moves beyond 2.618 will be completely analyzed field. It should be said that we had other scenarios in mind, and if the black trend line is completely broken, the decline will be confirmed. 🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏 ❤️Please, support this idea with a like and comment!❤️
ICEUS:DXYShort
by mahdisoltaninjad
We can expect the dollar to get weaker due to negative NFP US dollar index is trading close to the September 2020 high. I expect price to extend towards this high at around 94.760 and fall to 93.500 and later to 92.000. This September 2020 high is very strong as price reacted there quite sometimes, acting as support and resistance in the past. I believe price will be held strongly there and bears will defend this area and push price down. With NFP data that came out negative on Friday, I expect the dollar to weaken the coming week. Please support this idea with likes. Do also share you thoughts on this in the comment section below.
TVC:DXYShort
by Forexintelligence_NA
DXY (Dollar Index) | Probability of the last climb🔥Hello traders, Dollar Index in Daily Timeframe , In daily time we are still inside wave b and wave b has been flat, with waves a and b formed and the last wave (wave c) remaining. Microwave, wave c will be counted in four hours, but in this time we generally considered two possibilities. In the first probability, after the break of the Fibonacci 0.38, wave b continues to climb to the Fibonacci 0.50 relative to a , and in this Fibonacci trend, the trend should continue to be ascending or descending. And in the next possibility, a decline will form and continue to the middle line of the channel, and then there will be an ascent again. 🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏 ❤️Please, support this idea with a like and comment!❤️
TVC:DXYShort
by mahdisoltaninjad
1
DXY (Dollar Index) | Small correction♻️Hello traders, DXY in 1-hour timeframe, this analysis was prepared in 1-hour timeframe but has been published for a better view in 2-hour timeframe. According to the time of the four-hour ascent, we considered the fifth wave from the 5th wave of c . Wave 5 of Wave 5 has completed waves 1 and 2 and the third wave is forming its own microwaves. We assume that first a descent will take place around the area we have specified, and then the ascent and completion of wave 3 and the formation of wave 4 from 5 to 5 will take place. In general, it should be said that the decline that we thought was possible requires a strong roof to start, and this movement process that we have identified is the best roof. And if Fibo 2.618 is broken, this analysis will be fielded. 🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏 ❤️Please, support this idea with a like and comment!❤️
TVC:DXYLong
by mahdisoltaninjad
1
DXY (Dollar Index) | The best area to fall🔥Hello traders, Dollar Index in 4-Hour Timeframe This analysis is prepared in 4-hour timeframe but has been published for a better view in 8-hour timeframe. Both of the previous analyzes we published in the four-hour time, one of these probabilities was that wave c of wave b of wave 4 did not end at higher times and wave c would be forming its fourth wave. And then climb up to form wave 5. And the next possibility was that wave b of the four is completed and wave 1 of wave c is forming and we will have an ascent correction in the form of wave 2 for wave 1. This climb happened but it has become very deep in terms of price. For this reason, considering the wave 1 that we had in mind and its three-wave mode, we doubted the nature of this scenario and assumed that it would be wave 4. And we considered the first scenario. This climb will probably continue and will happen to form a strong roof and prepare for the descent, but if it can not break the previous ceiling, the second scenario will not lose its validity and also a fast and strong descent Arises. 🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏 ❤️Please, support this idea with a like and comment!❤️
ICEUS:DXYShort
by mahdisoltaninjad
1
DXY (dollar index) analysisI believe the US dollar is still very bullish. This drop it has been experiencing, I believe is a retracement. I Expect price to drop as far as the support and I will be looking for opportunities to go long in the golden zone of the Fibonacci tool. This outlook on the DXY matches very well with my analysis of the EURUSD. I believe EU is still very bearish, and a bullish retracement is expected. *Disclaimer* This is not financial advice. Trade at your own risk.
INDEX:DXYLong
by Magnatrio
DXY (Dollar Index) | Small correction♻️Hello traders, DXY in 1-hour timeframe, this analysis was prepared in 1-hour timeframe but has been published for a better view in 2-hour timeframe. The situation with the dollar index is still unclear. But we assume that the fifth wave is from wave c and with these waves, wave b is completed and the downward trend for wave c is formed in the form of five waves. Of these five waves, wave 1 is being formed. Micro-waves 1 and 2 of 1 are certainly over, and now we think that wave 2 will hit the ceiling of the blue channel, we will have a climb to the floor in the form of wave 4, and then re-descend for wave 5. It should be said that If the ceiling of the descending channel is broken, the price will rise to around 94,200, which is probably related to wave 2, but it could be the fifth wave of wave b, which we will examine along with the trend. 🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏 ❤️Please, support this idea with a like and comment!❤️
TVC:DXYLong
by mahdisoltaninjad
DXY (Dollar Index) | The best area to fall🔥Hello traders, Dollar Index in 4-Hour Timeframe This analysis is prepared in 4-hour timeframe but has been published for a better view in 8-hour timeframe. The dollar index continued to fluctuate around wave a around the Fibonacci zone 1.27. We still consider the first probability for the index to be the formation of wave 4, and we will consider this probability until the Fibonacci wave breaks 2.618 wave c from wave b to wave -a- in one hour. In this probability, wave b is almost over and wave c of wave 4 will be formed into five waves, and this wave will probably drop to 1.27 in proportion to wave b. It should be said that if the previous roof is completely broken and also the roof of the pink dot channel is broken, we should consider the next scenario. 🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏 ❤️Please, support this idea with a like and comment!❤️
ICEUS:DXYShort
by mahdisoltaninjad
1
DXY (Dollar Index) | The best areas for correction🔥Hello traders, Dollar Index in Daily Timeframe , The dollar index has been and is very vague in terms of wave count. As we said, we are in wave b at weekly time. Wave b is formed as a flat with only wave c remaining. Wave c We can not comment on this at this time due to the current situation, but we have two possibilities: In the first case, we will have a descent from the same area, which has two forms. In the first case, the formation of this descent is in the form of wave 4, and in the second case, this descent can be in the form of wave c , which we have shown in the weekly time. The second possibility that I think is likely to happen is that we will climb in the form of wave 5 and continue wave c of wave b provided that the price of 94,500 is broken. 🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏 ❤️Please, support this idea with a like and comment!❤️
TVC:DXYShort
by mahdisoltaninjad
DXY (Dollar Index) | The best point to start the uptrend🏹Hello traders, The dollar index in the weekly time frame, This analysis is prepared in weekly timeframe but is displayed for a better view in 2 week timeframe. The range we have examined has an impulse state in which we are inside the fourth wave, and this second wave impulse forms itself as a relatively normal flat, and accordingly the fourth wave can be more complex than the second wave, which is probably the case. Inside the wave, the four waves w and x are completed and now we are inside the wave y , the wave y completes its wave a and the wave b is in the range that can be declared the end of it. It is also possible to climb to 96,000. We will examine the issue more in the daily time. In general, we expect another downtrend, which is confirmed by the failure of the channel floor. Another point is that wave 4 is likely to penetrate the range of wave 1. 🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏 ❤️Please, support this idea with a like and comment!❤️
INDEX:DXYShort
by mahdisoltaninjad
Dollar Strength-Mid September OutlookHello Traders, As of right now, this is my outlook and potential targets on the Dollar Index. The equity market beginning to weaken during August/September and dollar gaining strength is cyclical to the transition from q3 to q4. Which beginning in October, DXY typically will lose strength, while the equity market regains strength from September weakness. I expect TVC:DXY to continue to rise until the end of the month and possibly consolidate for a few days at the highs before we start seeing bearish movement. COT Analysis: Commercials have added even more short positions and are still overall net SHORT. However, long positions have been added by leveraged funds and the commercials, which makes sense that they're in a sell program even with temporary dollar strength. Technical Analysis: August is currently sitting as the nearest intermediate high where we can either go to retest the OB then fall down, or we can completely take out August's high, tap into the monthly OB which is at 93.800 then fall. If 93.800 is broken, then reanalysis will be given. Why is the dollar gaining strength? Seasonal tendency & It failed to take out its nearest intermediate lows. Before shifting to a bearish market structure, liquidity will have to be accumulated as short positions are added by commercials during the temporary strength. 93.600s line up with 85-93% retracement levels, as well as a 70% extension from the intraday current high and low. Bullish Fundamental Catalyst: 1. Fed: Rumors of easing asset purchases, rate hikes, tapering talks, powell does not get reappointed 2. Economic Recovery: lower inflation figures, GDP growth, healthy labor market, strong demand for treasury, consumer spending. ( higher cpi figures) 3. Monetary Policy: cash shortage if ceiling is not raised, US default, deflationary shock, increased capital earning taxes, global supply chain disruptions with companies not being able to have enough supply to meet customer demand. Bearish Fundamental Catalyst: 1. Fed: halting tapering process to wait for more data on economic recovery, powell gets reappointment next year, increased stimulus/asset purchasing, fed increasing inflation targets to 3-3.5%. 2. Slow down of economic recovery (lower cpi figures), decline in fixed income with a rise in equity market, and increased inflation figures. 3. Monetary Policy: increase to debt ceiling, 3.5 trillion spending package gets approved, any other government spending increases. 4. Delta variant cases begin to grow, travel restrictions and lockdown increases. GLGT :)
TVC:DXYLong
by stimichele
2
DXY (Dollar Index) | The best area to fly🚀Hello traders, DXY in 1-hour timeframe, this analysis was prepared in 1-hour timeframe but has been published for a better view in 2-hour timeframe. Well, we still have the same mindset of correcting all this sideways trend for Wave 4 at higher times In this process, the side of wave b of the plate is probably irregular or it can be said that wave 4 triangle is forming. Wave b which is formed in a zigzag pattern is inside its wave c and wave c will be forming its fifth wave. Inside wave 5, waves 1, 2, and 3 are probably fully formed, and now we expect wave 4 to form. In the previous analysis, we assumed that wave 4 would form a suffering condition in this range, and this side structure also took place, and the probability that we are considering for today is another ascent to Fibo 2.618 for wave c relative to wave a will have. Of course, a certain red trend will also occur, a decline and then a rise and if the intersection that we marked the circle is broken, the descent process will start in the same area. If Fibo 2.618 is broken, this scenario will be fielded. 🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏 ❤️Please, support this idea with a like and comment!❤️
TVC:DXYLong
by mahdisoltaninjad
1