Dxylong
DXY LONG DXY will be wil trend higher.. look like need some push to higher.. there so maney factors are running economically , so no body cant control whats gonna happan..looks like major volume building up..if it reject higher price we short.. or we continue long dxy. once reach ITL level its easy to price go through it as trade location...
dxy weekUS DOLLAR INDEX
last GDP data was strong as compared to its prvevois but down trendline act as a resistance and push the price down again.If price goes up chance to get resist again from thats trendline which push the price to the support
F.O.M.C data Here give a clear direction of Dxy. For trade first find proper price action
DXY will continue to rebound in shocks, 18/1000, 29/1/2023
The 104.7 price of DXY is the key price pressure, short-term rebound can be considered to take profit at this price, marked as the g line
What is synchronous is that after the rebound, the trend of SPX is just below the pressure level P line, and it starts to fluctuate and fall, which is synchronized with the rise and rebound of DXY prices
Looking at a specific stock TSLA, it is confirmed that the short position of TSLA breaking through the support level will continue. 181, the already established pressure level, can form an effective suppression with the rebound of the dollar, and the opportunity for short positions to increase will be generated simultaneously.
Turnaround time? DXY at 50% Fib of 2021 Rally.Interesting moment for the buck.
Technicals - the leg down from 14-year highs has been fast-moving and now looks oversold. We've just nabbed the 50% Fibonacci retracement. A move back over the twin peaks could confirm a lot more upside
Fundamentals - Expectations for a Fed pivot combined with a 'soft landing' in the economy have sent the dollar tumbling alongside bond yields. But what if the Fed isn't done? or it's a hard landing?
DXY Possible ReversalHello Traders
DXY has retraced 50% of its previous upward move.
So maybe it will do a reversal here.
Be careful of Liquidity Sweep in every USD pairs.
Our technical view has been shown in the chart.
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Thanks For Reading
Team Fortuna
-RC
(Disclaimer: Published ideas and other Contents on this page are for educational purposes and do not include a financial recommendation. Trading is Risky, so before any action do your research.)
DXY WEEKLYThis Ideas base on rally base rally with big demand zone and the previous resistance that makes support.
I think dollar would come back to 109.
As a Trader better lookout on GOLD, Once dollar high Gold will be DOwn too.
Trade base on your own decissions.
For more check me out, I post daily analysis. Thank you all
#DXY Heavy Bull DIvergence Daily - DPO AnalysisThe dollar is at a major horizontal support level.
The detrended price oscillator is showing major bull divergence building on the daily.
Can the bulls hold another round of the uptrend channel? or is this the end of the dollar bull market!
Use alerts on trend lines to help you stay on top of the technical analysis
Good luck!