DXY update#DXY still the same idea... Eyes on 4h FVG's...
Looks like US dollar index is accumulating to eliminate the upper FVG first...
Parallel with that, #Forex #CFD #Crypto will do the opposite...
#NFA #DYOR
Dxyindex
DXY IDEASInce the rally continues, we have seen a divergence as expected a drop we gain control on BTC for bullish.. for further Bull rally DXY need to corrected and fall more down, AS we can see that cross over happened days ago.. over all Crypto is Bullish for now.
Dollar Index Chart Analysis....
In this situation DXY Short time chart create Bearish BAT Pattern. So, market
short term Buy UP to 104:930; and 105:100 resistance level. Then market need long
sell correction to nearest Support 103.700 and 103.400 level.
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DXY brief gain to the resistance area 📖🚀Hello 🐋
Based on the chart, the price is close to the support area and channel support and even made new ascending channel that we mentioned in our next analysis too ✔️
if
the price doesn't break the support zone to the downside, we can see more gain 💣🚀
otherwise
we can see more correction ❌🧨
👌 Notice: pay attention to the price on shortcut chart (located above the main chart with black colour) 📖💡
Please, feel free to share your point of view, write it in the comments below, thanks 🐋
DXY Index New Week Move Pair : DXY Index
Description :
Rising Wedge as an Corrective Pattern in Short Time Frame and Breakout the Lower Trend Line
Divergence
Rejecting from the Daily Demand Zone
Break of Structure
Completed " 1234 " Impulsive Wave at Fibonacci Level - 38.20%
💵Euro/U.S.Dollar💵Analyze (Short Term, 03/08/2023)!!!Euro/U.S.Dollar is running near the lower line of descending channel, support zone, and SMA100(Daily TF).
Also, Euro/U.S.Dollar was able to make a 🌅morning star candlestick pattern🌅.
I expect Euro/U.S.Dollar will go up at least until the middle line of descending channel
🔅Euro/U.S.Dollar Analyze ( EURUSD ), 2-hour Time frame ⏰.
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Please follow your strategy, this is just my idea, and I will gladly see your ideas in this post.
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💵U.S.Dollar Currency💵 Index Analyze (DXY,02/23/2023)!!!It seems that The DXY index is making a leading diagonal.
The end of wave 5 can end at TRZ(Time Reversal Zone) & PRZ(Price Reversal Zone).
I expect that the DXY index has started the first impulsive wave.
U.S.Dollar Currency Index ( DXY ) Analyze, 4h-Time frame (Log Scale)⏰.
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 gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
💵U.S.Dollar Currency💵 Index Analyze (DXY,03/10/2023)!!!After the completion of the leading diagonal, DXY Index started to build an Expanding Flat(3-3-5) corrective structure.
I expect the DXY Index to start growing in the coming days and reach the next 🔴resistance zone($109.32-$107.74)🔴.
U.S.Dollar Currency Index ( DXY ) Analyze, 4h-Time frame (Log Scale)⏰.
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 gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
dxy nfp setupseems like this news is setting dxy for a nice pull back after that last explosive move if 104.200 holds we can see another leg up for a move up since dxy made a higher high im still bullish biased over all this pull back most def was needed
now if the next push up doesnt break that last dxy high we could see seelers start to step in
DOLLAR dxyLETS start to buy dollar by today.
reasons:
1.Fed testifies that unemployment rate gonna increase.
2.Fed is gonna continuing increase the interest rate.
3.Inflation still high and way far from Fed's target 2.
4.NFT came last month high rate 517K and its highest data until last year June.
5.Today we have NFP data and might be bullish dollar again and even if not I am still bullish pn dollar and
i will look some other support levels to buy.
#DXY LTF update...#DXY LTF update...
Deviating January high didn't convince me. I expect #DXY to wipe out the monthly FVG...
If it wipe out the monthly FVG first before liquidating the previous low, I expect a good correction of USD. Parallel with that #BTC will make hh's again…
DXY Dollar Index Next Move ?Pair : DXY Index
Description :
Divergence
Break of Structure
Rising Wedge as an Correction Pattern it will Reject from the Upper Trend Line
Completed " 12345 " Impulsive Wave
Bearish Channel with the Breakout of the UTL and Retracement
DXY OUTLOOKDXY has shown strength with yesterdays speech. We are looking for a pullback to put the trend up to an end. The retrace will be to trap longs on XXXUSD then push up before the real move on NFP.
Dxy get bullish, strong news impact.The doller index continues to growth after strong news release. The resistance above will tp for me the price will continue to 107 and 109 levels
DXY 4 hour - while we wait on PowellDXY 4 hour
PA coming into an area where it is getting squeezed, Currently may reach 104.7 before it faces rejection or needs to push through long term resistance
today / Tomorrow Mr Powell ( Fed, DXY support agency) will talk and either upset or support markets with news of the FED opinion on rate rises. Expectation is that 25 points is incoming but some talk of 50, depending on Figures ........ coughs........
This is what Crypto is waiting on
PA above 50, 100 & 200 EMA but lower time frames show that PA is approaching overbought, RSI on daily is above neutral
Over all, DXY PA is due to retrace once again soon. just do not know when exactly but Strong Fundimentals could postpone that
DXY Looking to Buy London Sell New YorkMonitoring for the possibility to buy during the London session today (7 Mar) and to sell during New York at the FVG shaded in grey. Buy to Sell.
DXY SHORT TERM OUTLOOKMajor rejection zone which i am expecting a reaction here. Upon a break lower we may retest 103.766 key price point of interest before heading higher.
Intraday USD shorts on the cards?I am looking to potentially Trade some USD shorts before flipping my bias for the bigger move. Pullbacks were to be expected once we reached a level of Supply and Price Action into the area only added further confluence.
Good luck to all Traders. Lets make March a good and profitable month!
DXY waking up soon - And ?For the last 6 weeks, DXY has been held back by te 768 fib line and yet it kept trying, and so, now, we see PA approaching OverBought
The StochRSI is getting near OverSold, so we may see PA push towards some support as this climbs but PA is approaching another Fib circle in the next few weeks and historically, as shown in previous charts, DXY doe snot react well to them
A Further Drop is incoming for DXY at some point soon. The question really is when and how far. For me, I can see DXY gong to 98 - 99 before it really begins to recover
OR, will the incoming 25 point, maybe 50 point rises Boost the $ against a load of real world hurdles it is currently facing.
Only Time will tell
dxy pull back much needed pull back here from the dollar and a retest of 104.6-104.9 would be nice for a continuation to the downside
now if thats broke we could see bulls back in play but as of now its still bearish
