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Dxylong

DXY road to 92, SHORT THE USDThe PetroYUAN is competing with the petroDOLLAR now and is causing concerns amongst the US economy. As BRICS gather forces and continues growing as oil rich countries are also joining forces with BRICS to fight against the petroDOLLAR. Other economic factors why the DYX is looking weak are: -Inflation: High inflation can erode the value of a currency, as it reduces the purchasing power of consumers and investors. If the US experiences sustained high inflation, it could weaken the US dollar even if interest rates are high. -Economic growth: If the US economy is not growing as quickly as other economies, it could lead to a relative decline in the value of the US dollar. This could be exacerbated if other economies are experiencing strong growth and higher interest rates. -Geopolitical risks: Political instability, trade tensions, and military conflicts can all increase risk and uncertainty, which can lead investors to sell US dollars and seek safer assets. If the US is perceived as a less stable or secure country, it could weaken the US dollar. -Debt levels: High levels of debt can make a country more vulnerable to economic shocks and reduce its ability to stimulate the economy during downturns. If the US experiences a sharp increase in debt levels, it could weaken the US dollar. -Market sentiment: Investor sentiment can be influenced by a wide range of factors, including news events, social media, and market psychology. If investors become pessimistic about the US economy or the prospects for the US dollar, it could lead to a decline in demand for US dollars and a weaker currency.
TVC:DXYShort
by CryptoGao1
4
FOMC - MARCH 22, 2023 -US30 DOW JONES INDUSTRIAL AVERAGE Hello Traders, As we approach FOMC and rate decision today, 2pm March 22, 2023 there's a possibility of continued rate hike to curb inflation and that could send Stock Markets down. Key Points: VIX - Volatility Index is bullish for the week Commodities - Bearish for the week A rate increase is favourable for USD from an Investor's perspective. Overall economic outlook is bearish considering global world issues i.e: Russia/Ukraine, recession, inflation, etc. Chart analysis shows clear picture based on trend lines, BOC, CHOC, and imbalance areas from prior week. Anyways, always trade what you are comfortable with losing. Until next time! The Trading Regime.
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by EvaultFinancialGroup
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 🐋
TVC:DXYLong
by MadWhale
4
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 💣🚀 👌 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 🐋
TVC:DXYLong
by MadWhale
8
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 🐋
TVC:DXYLong
by MadWhale
3
💵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.
TVC:DXYLong
by pejman_zwin
2
DXY Looking Bullish Before Month EndThe US dollar remains bullish in my eyes on the daily timeframe. Resistances are being overcome while support is holding. The strategy involves a continued move higher after staying in a tight 5 day trading range from Feb 16-22. I am anticipating an energetic move higher to 105.63 price level as an upside objective before the end of the month. To invalidate the trade, price would need to trade below 102.6 lows before heading to 105.63. -Bias: Bullish -Why: FVG at 105.7 is a draw on liquidity and I expect price to move higher especially if interest rate hikes will continue. -Targets: 105.6 Consequence of a rising dollar is that equities and gold will feel a pressure to the downside.
TVC:DXYLong
by DenisRisticFX
4
DOLLAR INDEX: Bullish context in short-medium term?Hi everyone! There would be a lot to write about the fundamentals of the US dollar, but time is very precious so I'll just try to translate fundamental analysis into technical analysis with this hourly chart. I hope it can be useful to someone anyway... ...trade with care! 👍 If you think that my analysis is useful, please... "Like, Share and Comment" ...thank you! 💖 Cheers! PS: I would also like to know your opinion about dollar index, what do you think? Post your opinion in the comments.... A.B.
TVC:DXYLong
by TheAnonymousBanker
29