libyan dinar forcast libyan dinar is the next victim after EGP and turkish currceny :)
target around 5.2$
Dxylong
dxy forcast for next days !! DXY Continue to fail temporary ,,
the 4 waves could end near 102.7 and than we could see new higher close from 105 pip
DXY aka USdollar aka dollar indexdxy is still bullish at the moment i want to see price action once it pushes up towards 104.4-104.5 area if we get some bearishness there we can see a nice push down if not it will head to that 105 area but this area ia attractive for the fact it created a flip zone here retest and made a move down leaving the orderblock we are testing now
DXY Chart H1Here is my view for DXY on H1. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
DXY brief gain to the resistance area 📖🚀Hello 🐋
Based on the chart, the price is close to the support area and channel support ✔️
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 Analyze (Road Map, 05/31/2023)!!!🗺️Hi, everyone👋.
To better understand the DXY Index roadmap🗺️, it is better to first look at the DXY weekly time frame:👇(Running well, as I expected ✅)
As you can see, the upward trend of DXY will continue.
Now, I tried to show you the DXY roadmap in the 4-hour time frame using the Elliott wave theory .
It seems that DXY is nearing the end of wave 3, and this wave can end at 🟡 Price Reversal Zone(PRZ) 🟡.
I expect the DXY to return to the first 🟢 support zone($ 103.60-$ 103.36) 🟢 after the end of wave 3 is confirmed and rise again to the top of the 🔴 heavy resistance zone($ 105.80-$ 104.53) 🔴.
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.
DXYIt's not financial advice.
It's just my prediction about the future of the DXY index
Just see and Think about it.
I think it's so interesting analysis to imagine the future of DXY.
So Let's go
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In the first level let me tell you more about the relationship between DXY and the cryptocurrency market.
It is a known fact that the crypto price movements are deeply correlated with the DXY Index since its inception. While the DXY index gets stranger, Bitcoin, Ethereum, and many other assets tend to fall. Besides, if the cryptos manifest their strength, then the dollar’s strength tends to fall
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Hello Guys.
How are you doing? I hope you feel great and always be happy and successful.
Today, I want to show you something strange that will happen in the market.
as you see in this chart, we are in Parallel Channel and whenever the index touches the top of the channel, we expect to react. it's the third time I expect the DXY index to go up from here.
But it takes time. maybe more than 4 Months.
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by the way, I should say that at the first level, we should go up to the 106 Level and stay there.
after that, we will expect to go up level by level.
the next levels are: 110-117-125 and maybe 132
who knows !!! maybe 132 is closer to us than we think.
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Please be patient and think about that.
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Please SHARE this analysis with your friends and also, FOLLOW me.
It can help you to be the first one that sees the analysis after publishing.
wish you health and wealth
Sincerely Yours
$dxy #dxy #elliottwave long setup.This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.
💡DXY Index Growth Signs💡Hi, everyone👋.
🔹As you know, it is better to start with higher time frames for chart analysis; one of the most important analytical time frames is the weekly time frame.
🔸In order to have a better view of the next week's trend of the DXY index, it is better to analyze the DXY Index chart in the weekly time frame.
🔹One of the analysis methods that can help us is candlestick patterns (Candlestick patterns are more valid in higher time frames).
🔸As I have specified in the chart, we can see the Tweezer Bottom and Bullish Engulfing reversal patterns at the same time in the support zone, and even last week's candlestick can be considered a confirmation candle of these patterns.
🔹In addition, In addition, if the growing movement of the DXY index toward the resistance zone is high, there is a possibility of forming a valid Double Bottom pattern in the weekly time frame for DXY.
🔔I expect the DXY index to have an upward or at least neutral trend in the next two to three weeks. (I have outlined the scenarios that may happen to DXY in the chart).
U.S.Dollar Currency Index ( DXYUSD ) Analyze, Weekly 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.
Extreme Overbought Dollar a Breather for XAGUSD TemporarilyAs dollar is in Extreme overbought condition there would be a room for metals to make small run to the top. However as silver and gold both has broken its daily chart support. This run to the top should be short live and a weekly close to :XAGUSD 21. level is expected
Bullish dollar for this weekI expect the strong bullish trend that started last week to continue! After hitting the midterm target for dollar at around 106, I expect a massive selloff! And then stocks and equities will truly fly! But let's not get ahead of ourselves yet! :)
I will update this through the week!
If you are interested also take a look at my euro and pound analysis for the week!
dxylong term dxy analysis suggests we are finished with the Cycle W3 and now inside of cycle wave 4 with a target of $94 in 2024. Inside W4 we are currently within wave A . Wave a is a zig zag which means 5 waves sub wave 123complete. Now almost finished with sub W4 of the A and the sub waves are inside of an ending diagonal which targets the 618% of the 2021 highs around $98. At that mentioned level $98 we should bounce up into wave B of the cycle wave 4.
DXY-IT IS TIME TO SELL XXXUSD PAIRS!Dear traders, hope everyone having a great week, DXY we had a massive sell off due to mostly by economic events came out negative for USDOLLAR. What we are expecting on DXY is to reverse from the current price. Though we have NFP which will be crucial
Dollar explosionWait for the upward movement of the dollar to the 110.0 area
history repeats itself .......
The dollar trenches will be withdrawn again
DXY BULLISH PRICE ACTION- CHASE SHORTS AGAINST USDDaily chart of the queen Dollar is forming a beautiful DB. This is a good chance to short USD pairs such as GBP/USD, EUR?USD, AUD/USD and CHF/USD.
wait for a good enter position and hold shorts.
DXY start of gain to the upside 🚀Hello 🐋
Based on the chart, the price is close to the support area and channel support ✔️
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 🐋
2 for 1 special on $DXY - 1.75 short and 3.59 long not a financial advice, only my view based on my analysis and bias.
DXY is ready to take back the effects of CPI🔄The DXY index experienced a noticeable fall after the announcement of the CPI index.
Currently, the DXY indicator is moving in the 🟢support zone($ 101.3-$ 100.82)🟢 and near the lower line of the descending channel.
The Regular Divergence(RD+) between the price and the MACD indicator is clearly visible in the ⏰4-hour time frame⏰.👇
According to the theory of Elliott waves, the end of the main wave 5 can finish in the support zone, and I expect the DXY Index to at least touch the upper line of the descending channel or the middle line of the descending channel.
U.S.Dollar Currency Index ( DXYUSD ) Analyze, 2h-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.
DXY growth with the help of Double Bottom pattern🚀DXY index managed to form a Double Bottom pattern near the🟢 support zone($ 101.3-$ 100.82) 🟢 so that Regular Divergence(RD+) can be seen between the first and second bottoms.
DXY has already completed the pullback to the neckline and is breaking the upper line of the descending channel.
I expect DXY to grow to at least the downtrend line after breaking the upper line of the descending channel.
U.S.Dollar Currency Index ( DXYUSD ) Analyze, 2h-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.
