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Dxyindex

DXY MY VIEW 60 MIN TIME FRAMEThe Structure looks good to us, waiting for this instrument to correct and then give us these opportunities as shown on this instrument (Price Chart). Note: Its my view only and its for educational purpose only. Only who has got knowledge about this strategy, will understand what to be done on this setup. its purely based on my technical analysis only (strategies). we don't focus on the short term moves, we look for only for Bullish or Bearish Impulsive moves on the setups after a good price action is formed as per the strategy. we never get into corrective moves. because it will test our patience and also it will be a bullish or a bearish trap. and try trade the big moves. we do not get into bullish or bearish traps. We anticipate and get into only big bullish or bearish moves (Impulsive Moves). Just ride the Bullish or Bearish Impulsive Move. Learn & Know the Complete Market Cycle. Buy Low and Sell High Concept. Buy at Cheaper Price and Sell at Expensive Price. Keep it simple, keep it Unique. please keep your comments useful & respectful. Thanks for your support.... Tradelikemee Academy
TVC:DXYShort
by Tradelikemee
Celebrating the Bright Future of the US Dollar! 🌞I bring you fantastic news that will surely make your day even brighter. The upcoming job report expect to have an impressive addition of 150,000 new jobs, coupled with a lower unemployment rate. This remarkable achievement will set the stage for an exciting journey ahead for the US dollar! The US economy continues to demonstrate its resilience and strength, and these latest figures are a testament to that fact. With each passing day, the US dollar is becoming an even more attractive investment opportunity. As traders, it is essential to recognize and seize the potential this brings to our portfolios. So, what does this mean for you? It's time to consider a long position on the US dollar! The positive job report signals a favorable market sentiment and reflects the growing confidence in the US economy. By taking advantage of this upward trend, we can position ourselves to reap the benefits of a strengthening US dollar. Here are a few compelling reasons why you should consider going long on the US dollar: 1. Economic Growth: The addition of 150,000 new jobs indicates a robust and expanding economy. This growth is likely to fuel increased consumer spending and business investments, further bolstering the value of the US dollar. 2. Lower Unemployment: The decrease in the unemployment rate signifies a healthier labor market, which translates into higher wages and increased consumer confidence. As disposable incomes rise, so does the demand for goods and services, ultimately benefiting the US dollar. 3. Global Safe Haven: In times of uncertainty, the US dollar has historically been a safe haven for investors. With its strong economic fundamentals and stable political environment, the US dollar is likely to attract capital flows, driving its value higher. Now is the time to act! As traders, we have the opportunity to capitalize on this positive news and optimize our investment strategies. By going long on the US dollar, we position ourselves to potentially unlock substantial gains in the future. Remember, successful trading requires staying informed and making well-informed decisions. Keep a close eye on market trends, economic indicators, and geopolitical events that may impact the US dollar's performance. Let's embark on this exciting journey together, riding the wave of optimism and prosperity that lies ahead. Long live the US dollar!
TVC:DXYLong
by bryandowningqln
DOLLAR INDEX DXY The dollar index extended gains to above 107, its most substantial level since November, and tracking Treasury yields higher, as hawkish comments from Fed officials continue to strengthen the expectation that interest rates will remain elevated for an extended period. Meanwhile, economic data continues to signal a resilient economy, with the ISM Manufacturing PMI indicating the most minor contraction in factory activity in nearly a year for September. Several labor market indicators, including the upcoming payroll report and further comments from Fed officials, will be closely watched in the coming days. The dollar strengthened against all major currencies, with the most pronounced buying activity against the Aussie, after the Reserve Bank of Australia held interest rates steady. The greenback also appreciated against the Japanese yen and the British pound. The United States Dollar Index or DXY measures the performance of the dollar against a basket of other currencies including EUR, JPY, GBP, CAD, CHF, and SEK. The EUR is, by far, the largest component of the index, making up 57.6% of the basket followed by JPY (13.6%), GBP (11.9%), CAD (9.1%), SEK (4.2%), and CHF (3.6%). If you like it, hit the like button and share your charts in the comments section. Thank you.
CAPITALCOM:DXY
by CryptoSanders9563
What about DXY and the effect on BTC?There are several factors that could contribute to a sharp increase in the value of the US dollar in the future: Strong economy: If the US economy is doing well compared to other economies, it can boost confidence in the US dollar and attract investors. Strong GDP growth, low unemployment, high investment and innovation may be factors contributing to increased demand for dollars. Higher interest rates: An increase in interest rates by the US central bank (Federal Reserve) may increase the attractiveness of the US dollar. Higher interest rates can attract capital from other countries and boost demand for dollars, which could lead to dollar growth. Geopolitical instability: In the event of political or geopolitical uncertainties, such as conflicts, trade disputes or global crises, the US dollar can be seen as a safe haven. In such situations, the demand for dollars could increase, which could result in an increase in its value. Dominance of the dollar in the international market: The US dollar is still the most used reserve currency in the world and the main currency for international trade. If this dominance continues, it may strengthen the dollar's position and contribute to its growth. A rise in the value of the dollar can affect the price of cryptocurrencies, including Bitcoin (BTC), in several ways: Inverse relationship: There is a tendency for the value of the dollar and the price of cryptocurrencies to have an inverse relationship. This means that if the value of the dollar increases, it can result in a decrease in the price of cryptocurrencies, including Bitcoin. This is because investors may turn to stronger traditional currencies such as the dollar and leave riskier assets such as cryptocurrencies. Currency Pairs: If the dollar strengthens against other currencies, it may affect trading between cryptocurrencies and those other fiat currencies. For example, if the value of the dollar increases against the euro, then the value of Bitcoin in the BTC/EUR exchange rate may decrease. Global Economic Factors: A rise in the value of the dollar may be a result of a strong US economy, which may signal the risk of lower volatility and less uncertainty. This may cause some investors to prefer traditional assets such as the dollar instead of cryptocurrencies, which are considered riskier. So what friends? are you still going to feed this money machine? Try my indicator for trading and generally keep an eye on things
TVC:DXYLong
by Bitcoinblockchainonline
DXY - 02/10/23TVC:DXY - 02/10/23 **Trade setup:** Still looks very bullish, but the X in green is telling me the trend is getting weaker! Coming into a SUPPLY zone made in DEC so were getting stopped here but looking to break out of it on the day chart! If we can get above here it will take out the two red imbalances from last NOV and try the high at $114, this is running with BTC atm so a pullback here will probably mean worse for BTC! I will be looking for the high to be broken to trade higher here and looking for a pullback! Now the targets are below: **Bullish target:** $109 then $111 to clear out imbalance if broken at $106 **Bearish target:** $103 if we fail to make a new high and break above $106 **Supply and Demand**: The nearest Demand to keep us up is $100. The next Supply is $114.
CAPITALCOM:DXY
by mikey_s_trades
🏆Holy Grail🏆 Shows the DXY Index will increase🚀🏃‍♂️The DXY index has been moving above the Uptrend line for more than 2 months . ✅ The DXY index managed to break the 🔴 Resistance zone($105.8-$104.5) 🔴 last week. ↘️ In the last week, we saw the DXY pull back to the 🔴 Resistance zone($105.8-$104.5) 🔴. 🏆Today, I analyzed the possible trend of the DXY Index for the coming week using the 🏆Holy Grail Strategy🏆 . 📚Getting to know the 🏆Holy Grail strategy🏆 Holy Grail is one of the strategies described by Linda Raschke and Laurence Connors in their book “Street Smarts”. The name of the strategy is mocking because it is super simple. It suits timeframes from M1 to MN and any instrument in Forex, futures, and stock markets. The desktop of the strategy consists of one simple Exponential Moving Average (20), applied to Close prices, and the ADX indicator with standard parameters and the marked level 30. The idea of the strategy is that ADX shows the strength of the trend on a certain period. Some traders think that a reversal of this indicator top-down signals a trend reversal but this is not always true, the correctness of this idea depends on whether we are trading in a flat or trend. We do not care about flats, so this is what the EMA (20) is necessary for: its slope shows the direction of the current trend. 📚A signal to buy A signal to buy by the Holy Grail forms when ADX rises above 30, following the growth of the price; after that, the price must pull back to the EMA (20) and touch it. When the candlestick that has touched the EMA closes, place a buying order above the high of the candlestick with the initial Stop Loss below its low. As for the Take Profit, place it slightly below the highest local high that formed after the price pulled back to the EMA (20). If the next candlestick does not trigger the buying order, and its high turns out below the preceding candlestick, place the order above this candlestick. And if its low renews the low of the previous candlestick, place the SL below the former. Of course, ADX will be falling alongside the price. However, for the signal to be valid, ADX must not fall below 30. 🔔According to the Holy Grail strategy and the Hammer Candlestick Pattern, which indicates the completion of the pullback to the broken 🔴 Resistance zone($105.8-$104.5) 🔴, I expect DXY to have an upward trend in the coming week and can increase to the 🔴 Resistance zone($109.3-$107.7) 🔴. U.S.Dollar Currency Index ( DXYUSD ) Analyze, Daily 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:DXYLong
by pejman_zwin
31
DXY TVC:DXY DXY Below white 🤍 line weekend candle close 🩸 dump 📍 Present Strong pump targeting 106.584 high level resistance 📌 Around orange 🧡 box ☑️ Expecting Strong rejection 👍 Above 108.836 weekend candle close new high 💰 6 month candle showing week to move upside 🧐 My target is 92 later bellow red weekend close it will complete downside orange 🧡 box ☑️ But takes 2-3yrs to reach Below 📍 101.297 is good for #BTC I don't much about #dxy ( just now btc dump it pump ) Max I use #usdtd Any one knows how to follow this tell me ( i know just basic ) Who have knowledge on this with Crypto how to follow just comment here I will learn I just analyse chart 📉📈
ICEUS:DXY
by raj5_7_5
2
DXY (USD Index)DXY (USD Index) DXY is a measure of the value of the US dollar against a basket of 6 major world currencies. If the DXY goes up, it means that the dollar is getting stronger. Now DXY has broken the downtrend and is at the level of 104.17. This may indicate the growth of the US economy or a decrease in global risks. 📗Following targets are indicated on the chart with blue lines: 105.25 - 106.33 - 107.67 But how does this affect the crypto market? First, a strong dollar may reduce investment in risky assets such as cryptocurrencies, as investors may prefer safer assets. Secondly, with the growth of the dollar, the price of cryptocurrencies, expressed in dollars, may artificially decrease. But remember that the cryptocurrency market is subject to its own laws and can sometimes ignore the classic laws of the financial market. Stay connected and stay tuned! If you like the idea, don't forget to subscribe and rate like👍
TVC:DXY
by Andrey_Crypto
1
DXY, Ready to ShortThe last week DXY movement fulfilled my idea which I predicted price to hit the key level at 105.8 For the past 13 -14 weeks, the DXY has been on an ascending trend from 99.23 to 105.756. The current resistance has been a key level since 1st December 2022. Price is currently reacting on a resistance trendline of the main ascending channel since 26th September 2022. The resistance trendline coincides with the 105.834 key resistance which has historically driven the DXY down. The DXY could initiate a BEARISH WAVE first to 103.100 to retest the Daily EMA-200 & 50. The FED could consider a rate hike in the last quarter of 2023 in the midst of a possible DXY bearish waves.
TVC:DXYShort
by AbeikuGlobal_FX
1
Celebrating the Soaring US Dollar and Its Impact on Oil and the The US dollar has been on an impressive rise, leading to a remarkable domino effect on the oil market while simultaneously lowering the Euro. Let's dive into the details and explore the exciting opportunities this presents for all of us! First and foremost, let's celebrate the recent surge in the US dollar. This upward trajectory has been fueled by a combination of robust economic indicators, positive investor sentiment, and the Federal Reserve's commitment to maintaining a stable currency. As traders, we understand the significance of a strong US dollar, and it's time to capitalize on this favorable trend! The rising US dollar has an immediate impact on the oil market, as it becomes more expensive for countries with weaker currencies to purchase oil. This translates into increased demand for the US dollar in oil transactions, further driving up its value. So, let's keep an eye on the oil market and identify potential trading opportunities that can be leveraged to our advantage. Simultaneously, the Euro has experienced a decline against the US dollar. This can be attributed to various factors, including economic uncertainties, political developments, and the divergence in monetary policies between the European Central Bank and the Federal Reserve. As traders, we can seize this opportunity to capitalize on the Euro's weakness and further strengthen our positions in the US dollar. Now, let's move on to the call-to-action! I encourage each and every one of you to continue to long the US dollar, as it shows no signs of slowing down. By strategically aligning our trading decisions with this ongoing trend, we can maximize our profits and achieve extraordinary success in the currency markets. Remember, timing is crucial in the world of trading, and the current market conditions are ripe for us to make a significant impact. Stay informed, keep a close eye on the latest economic news, and utilize the tools at our disposal to make well-informed trading decisions. As always, I am here to support and guide you on this exciting journey. If you have any questions, need assistance, or simply want to share your success stories, please don't hesitate to comment. Let's make the most of this golden opportunity and continue to thrive in the world of trading! Wishing you fruitful trades and abundant profits!
TVC:DXYLong
by bryandowningqln
DXY looks tiredI've been bullish DXY since the end of July after we had the confirmation that the break down was a false one and indicated the 105.50 zone as the potential target in the medium term. The target was hit last week and now the index is consolidating and a correction could follow. However, the trend remains up and a new spike above the recent high is possible. Confirmation for a drop comes with a break under the rising wedge support in which case 104.50 could be bears' target.
TVC:DXY
by Mihai_Iacob
20
DXY, Huge Drop Incoming, H-S-Formation Completion!Hello, Welcome to this analysis about the DXY US-Dollar Currency Index and the 4-hour timeframe perspectives. In recent times the Index is forming important developments that should not be underestimated as inflation pressures on fiat and there is an inflation rate never seen since more than 35 years the DXY is setting up for a dump to the downside. Looking at my chart we can watch there how the Index is building this main head-shoulder-formation in the structure, with the left shoulder and the head completed and now in the right shoulder the Index is forming this bear-flag-formation-channel of which the right shoulder consists. In this case now when the Index finally breaks down below the neckline this will show the confirmational completion of this whole formation and the Index will set for further continuations as well as activate the target zone seen in my chart. Once the target zone has been reached it has to be elevated how the Index moves further and if there comes a potential reversal or just a devastating bearish continuation, it will be an important development ahead. In this manner, thank you for watching the analysis, it will be great when you support it with a like, follow and comment for more upcoming market analysis, all the best! "There are many roads to prosperity, but one must be taken." Information provided is only educational and should not be used to take action in the markets.
TVC:DXY
by VincePrince
5