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Dxyidea

Dollar Index (DXY) still in uptrendsAccording to the DXY market chart, the uptrend continues, as it has since 1981. According to the GDP growth data of 1980 to 1982. GDP was negative for six of the 12 quarters. The worst was Q2 1980 at -8.0%.24 Unemployment rose to 10.8% in November and December 1982. It was above 10% for 10 months. From 2020 to 2022, the GDP was negative for four of the eleven quarters. Q4 of 2022 is pending, but the overall GDP situation is the same; the rate hikes are higher to combat inflation. In 2020, unemployment during the COVID period was 14%, but overall after COVID, it was around 3.7%. The market structure of DXY says the recent decline of DXY is a market uptrend signal. The support level is from December 1981 and the resistance is the same as in August 1981.
TVC:DXY
by humairqureshi
2
Investigating the dollar index in the 4H time frame using ElliotIn my opinion, the dollar index has completed a complete 5-wave in the daily time frame. We are currently in the ABC correction. Wave A is complete. Wave B ended with 3 moves. Wave C consists of 5 waves. In my opinion, now wave 3 out of 5 is completed and we have to wait for the beginning of wave 4 out of 5. Wave 4 consists of 3 big movements. In my opinion, Wave 4 can behave as shown, and if there is a change in my opinion, I will definitely update this analysis.
TVC:DXYLong
by AllMarketAnalysis_Am
DXY AFTER CPI AND PPI US RELEASEHELLO DEAR TRADERS I think we have currently created a short-term bottom on DXY and we need to go retest the zone of interest US PPI release yesterday was lower than expected and these numbers did not help us at all. Dollar takes another hit. We will see how the FED reacts in mid-December to the positive feedback from the economy due to the increase in interest rates The current one-time declaration of inflation numbers smaller than expected does not seem to me to be enough for the dollar to change its current trend. I haven't seen a single statement from the FED that they currently plan to ease the monetary policy of aggressively raising rates. If this opinion is still in their statements in December, despite the current numbers, I think we will go lower again on the equity markets. Do not forget that November and December may once again be the months when inflation shows that it is not yet at its peak. People spend a lot on Christmas
TVC:DXYLong
by Crypto-Frantisek
3
DXY Global Vision (Elliott Waves Analysis) TIME TO FALL Hello friends. Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you! Everything on the chart. The dollar index seems to have gone to work out the divers on the weekly TF and form a long-term correction. Within wave (A), the decline in the index perfectly harmonizes with the market "seasonality" and there is a potential for the index to decline, which means that the markets will grow ~ until spring 2023. A decrease in the $ index means that the value of $ is declining and investors will try to find a safer place for their capital, that is, shift the currency into any other assets, whether it be gold, stocks or bitcoin. Of course, the true extremum points can only be clearly identified after the fact, so I would not flatter myself with the rapid vertical growth of markets from the current ones, but the general trend and action plan from my point of view looks exactly like this. Good luck everyone! Follow me on TRADINGView, if you don't want to miss my next analysis or signals. It's not financial advice. Dont Forget, always make your own research before to trade my ideas! Open to any questions and suggestions.
TVC:DXYShort
by trytofeelpositive
7
Dollar Index Chart Analysis.... In this situation DXY chart Breakout symetric triangle pattern.So, market need seems buy correction @ 107:830 and 110:150 resistance level. Then sell to 103.730 support zone. If breakout 113.500 resistance level, then market Buy UP to 115.250 resistance level. 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
DXY: A MOVE WE ALL WISH FOR.Hello guys, here's an update on DXY in 2 days timeframe. The US dollar index is currently holding long-term support ever since early 2022. In this span of 10 months, we have seen the DXY bounce back making a higher high. This allowed DXY to form a nice rising wedge pattern and now once again we come to the point where DXY will either bounce back or break down. I wish DXY could play out according to the chart because this will mean a good green rally incoming in the crypto market. A bounce, on the other hand, will show some more bearish moves and will lead the market to drop further low. I am anxiously waiting for a breakdown. Will it happen now or after one last bounce? To know the answer, we will have to wait for the next weekly candle to close. I hope this update is helpful for you all. Trade safely.
TVC:DXYShort
by Dexter_The_Trader
5
20 REASON FOR SHORT DOLLER INDEX1 Structure analysis time frame DAILY 2 target time frame :DAILY 3 Current Move : IMPULSE 4 Entry Time Frame : H4 4.1 Entry TF Structure: BEARISH 4.2 entry move : RETRACEMENT 5 Suppot resistence base : H1 ORDER BLOCK BLOCK 6 FIB: DISCOUNTES AREA 7 candle Pattern: MOMENTUM ENGULFING 8 Chart Pattern: RISING WEDGE BREAKOUT 9 Volume : DRIED 10 Momentum UNCONVENTIONAL Rsi: SIDEWAYS 11 Volatility measure bollinger bands: POSSIABLE DIVERGENCE MOVE 12 strength ADX: BEARISH 13 Sentiment ROC: STRONG BUT ITS A DAILY CORRECTION 14 final comment : GOING DOWN FOR A FINAL TARGET 15 : decision SELL 16 Entry: 110.540 17 Stop losel: 111.090 18 Take profit: 108.260 19 Risk to reward Ratio: 1:4 Excepted Duration : 4 DAYS
ICEUS:DX1!Short
by Optimum369
The Fall of Dollar is Around the Corner ... Bearish Dollar?DXY is close to a premium array (-OB) Dollar Price is Bearish Long Term. The Open of the OB (116.457) would be ideal to expect the sell come in... Confirmation is vital in my trading so won't just enter straight away. I will post another idea for the sell entry. This is just to call y'all attention to what I see on DXY. If the sell does come in then the First Target on Monthly TF would be 88.493. Follow for more quality trade Ideas...Trade Safe ;)
TVC:DXYShort
by giwa_xx
Bullish on DXY Im expecting the dollar to reach up towards the113.00 level. I'll watch for a retracement to the 108.800 level, but if that doesn't occur ill be looking for the dollar to shoot straight up towards that 113 level over the coming weeks. Watch how usdjpy reacts bullish as the dollar continues to be bullish. Once price hits that 113 level, there should be some retracements seeing as that was a 2001 prior low before the dollar began its plunge. it's been strengthening over the past 10 years, so as of now I'm not expecting it to do anything less than that. As always good luck traders and stay focused, follow the money!
TVC:DXYLong
by CollectCap