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Dxyidea

⚠️DXY will go DOWN(Short term)⚠️As I expected in the previous post, DXY reached the resistance lines.✅👇 💡If you look closely at the chart, you will notice that DXY is moving in an Ascending Channel . 💡It seems that DXY failed to break the resistance lines. 💡Also, we can see Regular Divergence(RD-) between consecutive peaks. 🔔I expect the DXY will go DOWN at least to the lower line of Ascending Channel. U.S.Dollar Currency Index ( DXYUSD ) Analyze, 4-hour time frame⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
TVC:DXYShort
by pejman_zwin
33
DXY ShortThe DXY US Dollar Index, which measures the value of the US Dollar against a basket of major currencies, has recently experienced a bearish move, declining from the level of 102.500 to 102.750. This analysis will explore the factors contributing to the bearish sentiment and the potential reasons for the index's downward movement in the specified price range. Dovish Federal Reserve and Interest Rate Expectations: The US Federal Reserve's monetary policy stance plays a significant role in influencing the US Dollar Index. If the Federal Reserve signals a dovish approach, with potential hints at keeping interest rates lower for an extended period, it could reduce the attractiveness of the US Dollar to investors seeking higher returns. This could result in downward pressure on the DXY Index as market participants seek alternative investments with higher yields. Global Economic Recovery and Risk Appetite: As the global economy recovers from the impacts of the COVID-19 pandemic, risk appetite among investors tends to increase. During such times, market participants may shift towards riskier assets and higher-yielding currencies, leading to a sell-off in safe-haven assets like the US Dollar. The improvement in economic indicators worldwide could further dampen demand for the US Dollar, causing the DXY Index to move lower. Trade Balance Concerns and Geopolitical Risks: A significant factor affecting the US Dollar Index is the US trade balance. If the US trade deficit widens or there are concerns about escalating trade tensions with other countries, it could weigh on the US Dollar's value. Additionally, geopolitical risks or uncertainties could lead investors to seek safe-haven currencies other than the US Dollar, leading to a bearish move in the DXY Index. Technical Resistance Levels: Technical analysis of the DXY Index may reveal the presence of resistance levels around 102.500---102.750. If the index encounters selling pressure at this level due to technical factors or the convergence of key moving averages, it could trigger a bearish reversal, leading to a decline in the index's value. Inflation Concerns and Fed Policy Response: Persistently high inflation could lead to concerns about the purchasing power of the US Dollar, prompting market participants to anticipate a more aggressive response from the Federal Reserve, such as raising interest rates. In such a scenario, the US Dollar could face headwinds, resulting in a bearish move in the DXY Index. Conclusion: Considering the dovish Federal Reserve stance, improved global economic conditions, trade balance concerns, technical resistance levels, and potential inflation-related uncertainties, the DXY US Dollar Index is likely to continue its bearish move from the 102.500 to 102.750 levels. Traders and investors should closely monitor relevant economic data, central bank announcements, and geopolitical developments to gauge the strength of the bearish trend and make informed trading decisions.
TVC:DXYShort
by realtrademaster
1
DXY Elliott Waves AnalysisHello 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. Main target zone: 96 - 94 Stop: ~103.7 (depending of ur risk). ALWAYS follow ur RM . RR: 1 to 3 risk is justified 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
2
DXY index Road Map🗺️!!!(4-hour time frame⏰)DXY index managed to break the 🟢 support zone($102.24-$101.91) 🟢 and support line during the last day. Based on the theory of Elliott waves, the DXY indicator is completing a corrective Zigzag structure(ABC/5-3-5) . 🔔I expect the main wave C to finish at the 🟢 heavy support zone($101.30-$100.82) 🟢. U.S.Dollar Currency Index ( DXYUSD ) Analyze, 4-hour time frame⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
TVC:DXYShort
by pejman_zwin
17
Mind-Blowing Surge: US Dollar Skyrockets 5000% against Argentina I come bearing astonishing news that will undoubtedly leave you stunned and intrigued. Brace yourselves for a mind-blowing revelation: the US dollar has soared an unprecedented 5000% against the Argentina peso! Yes, you read that correctly! The US dollar's monumental surge against the Argentina peso has sent shockwaves through the forex market. This staggering increase has left many traders astounded, and rightfully so. It is a testament to the volatile nature of currency fluctuations and the potential opportunities that arise from such dramatic shifts. As we witness this extraordinary event unfold, it is crucial to consider the implications and potential ramifications. Countries like Argentina, grappling with economic uncertainties, are now contemplating the adoption of the US dollar as a viable alternative. This development has sparked a flurry of discussions among economists and policymakers, drawing attention to the stability and strength of the US dollar in tumultuous times. In light of this monumental shift, I urge you to carefully evaluate the potential benefits of including the US dollar in your forex strategies. One effective way to gauge the US dollar's performance against a basket of other major currencies is by monitoring the Dollar Index (DXY). This index, which measures the dollar's value against a weighted average of six major currencies, can provide valuable insights and assist in making informed trading decisions. Considering the recent surge of the US dollar against the Argentina peso, keeping a close eye on the DXY becomes increasingly pertinent. By doing so, you can stay ahead of the curve and capitalize on potential opportunities that arise from countries considering the adoption of the US dollar. So, fellow traders, let us seize this moment of surprise and possibility. Explore the potential of the US dollar, leverage the power of the DXY, and stay one step ahead in the ever-evolving forex market.
TVC:DXY
by bryandowningqln
DXY 23June2023DXY's journey since the last analysis is still in accordance with the roadmap, now there is a change in the character of the trend. there is a possibility of reversal. the price has broken the trendline resistance and formed a new high. Currently the price is moving close to SnD and is still held by the trendline, there is a possibility of a retrace. when the price drops but does not fall deeper than the invalid area, then the possibility is positive for bullish.
TVC:DXY
by Hokusai_FX