Forecast DXY⚠️ #FOREX #DXY
Removed limits on the index for long. According to the technique, the priority remains on the probability of growth towards the red corner: 118-120, where the growing trend of the dollar should reverse until 106-105
Dxylong
dxy where is the dollar going!so lets talk about dxy here
number 1 dxy is a a trendline also bearish order block also last time equal highs was made and this area has perviously been mitigated so i expect a bulish push here to my next oderblock aka liquidation b4 dxy tries to make any movedown so im looking for dxy to head to areound 112-113 area
Trend is your friend.Like they said " trend is your friend " so we'd rather going with trend.
Bullish on dxy unless grean area is broken on weekly chart.
if it does we will make lower lower which means it might reversal for dxy and end of bear season for Spx , BTC , Gold.
DXY Chart Analysis....
In this situation DXY chart Hopefully create bearish butterfly pattern.
So, market need to breakout 111.450 resistance level then market Buy to 112.700
and 114.420 resistance level.
EXTREMELY BULLISH $DXY.This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.
DIXIE getting a lot of pixie dust!DIXIE (US Dollar index) is also showing further upside to come which will lead to other currencies to weaken further... I think it's target at 119.00 is still highly possible, but if it breaks above there then most currencies are F$%ed. Sorry had to be said.
Bullish on DXY Im expecting the dollar to reach up towards the113.00 level. I'll watch for a retracement to the 108.800 level, but if that doesn't occur ill be looking for the dollar to shoot straight up towards that 113 level over the coming weeks. Watch how usdjpy reacts bullish as the dollar continues to be bullish. Once price hits that 113 level, there should be some retracements seeing as that was a 2001 prior low before the dollar began its plunge. it's been strengthening over the past 10 years, so as of now I'm not expecting it to do anything less than that. As always good luck traders and stay focused, follow the money!
Dollar Gonna Create Double Top!Fundamentally & Technically Dollar still on bullish room, I anticipate DXY will taste 109.6 point than create a double top, After dollar will continue bearish trend. One think, all anticipation will work on dollar future data.
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Mahfuz Azim
Dxy leading diagonal idea!Macro dxy has lots of bearish div on many timeframes!this pattern looks near to complete! This is the last retracement at the 1.618 same as on wave 3 retracement! There are upper extention levels up to the 120 area but anywhere betwen here and there looks as a double top on weekly chart is forming! Initial target for leading diagonal or accumulation cyllinder is anywhere from the bottom of 2 wave in elliot or the true 1-1 for a double bottom! This may be the end for some time of bearish scenerios in current markets! Dxy corrolated on dumps and pumps at certain times so I would use moving averages as a focal point moving forward such as bullish and bearish crossings of the 21/55 ema and the golden cross of the 55/233 as confirmations !
* Its truly possible we retace .50 or 50% and do one more 1-1 pump of its last move!Watch moving averages they dont lie!
dxy where is the dollar going!so where here at a very crucial area where we have to pay attention market a bit choppy from news a few hrs ago
now overall trend is up on the daily but dxy has been so bullish last few weeks so this pull back was much needed if these lows hold "110.400" we can see up move now if that low breaks down we can see dxy test 109 soon so all eyes on deck
DXY WILL THE DOLLAR PREVAIL OR NOT $$$Since the beginning of the year, DXY has been on an uptrend, establishing higher highs and lower highs. I have highlighted the significant support and resistance it has been bouncing off from for better understanding. Currently, DXY has touched the resistance and received rejection, causing it to decline; however, I believe this is the top and we will soon break the support and plummet; nevertheless, if it bounces off the support and continues to move forward, we will still be in a bullish trend and will go on to break the previous high.
Cpi goes up $dxy goes up everything else goes down.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.
Dixie pumpingwith fairy dust From the previous Analysis with the Dixie, if we do see the USD index break above 119, the next target will be to all time highs. You take the difference between the high and the low of the Enormous W formation and add it to the highs. This will not be good for other currencies. Something big is brewing in the pipeline and it's about to explode!
Target 2 - 166
Dixie got fairy dust In the medium term, the Dixie (US Dollar Index) broke out of its long term downtrend in 2014. Since, it's consolidated between a range forming a large Double Bottom. And now that the price has broken out means we can see a strong move to 120.00. What this means is we can continue to see weaker currencies such as the pound, euro, rand and yen. This can spark a lot of unrest and crises for the economies of the world.
This DXY Pattern Has Been Repeating Since January 2022I like to look for patterns in trading and have been tracking this repeating daily pattern on the DXY since January 2022. The pattern runs approximately 66 days (beginning December 28th, 2021 - March 4th, 2022). I simply drew a rough line over the first itineration of the pattern and copied and pasted it 6 times.
Although on the daily or weekly time frame, it has been remarkably accurate in giving the general idea of where the DXY is heading in the future. Please note that value did not hit the support line (as the pattern predicted) and the 55 EMA has held as strong support.
Pattern predictions:
DXY hits 115 around 11/20/2022 - 11/23/2022
DXY hits 120 around 01/27/2023 - 02/01/2023
DXY hits 125 around 04/04/2023 - 04/07/2023
I do not know if this pattern will continue, but it has not deviated IN 9 MONTHS so I will continue to follow it until there is a significant break.
Not Financial Advice. Please feel free to share your thoughts and suggestions in the comments below.
dxy gapthis area where this gap is we need to keep a eye on when dxy fills it around 102.6 and see if dxy finds that area as support or will we see further downside
The dollar can be thought of as purchasing territories. DXYİf you like my ideas or have your own ideas to share on this market, comment below so that we can discuss.
The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of education only.
Not a financial advice or signal.
Please make your own independent investment decisions.
Fikirlerimi beğendiyseniz veya bu pazarda paylaşacak kendi fikirleriniz varsa, tartışabilmemiz için aşağıya yorum yapın.
Bu analizin içeriği herhangi bir zamanda önceden haber verilmeksizin değiştirilebilir ve yalnızca eğitim amacıyla sağlanmıştır.
Finansal bir tavsiye veya işaret değil.
Lütfen kendi bağımsız yatırım kararlarınızı verin.
We can say that the silver uptrend is overİf you like my ideas or have your own ideas to share on this market, comment below so that we can discuss.
The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of education only. Not a financial advice or signal. Please make your own independent investment decisions.
Fikirlerimi beğenirseniz veya bu pazarda paylaşmak için kendi fikirleriniz varsa, tartışabilmemiz için aşağıya yorum yapın.
Bu analizin içeriği herhangi bir zamanda önceden bildirilmeksizin değiştirilebilir ve yalnızca eğitim amacıyla sağlanmıştır. Finansal tavsiye veya işaret değil. Lütfen kendi bağımsız yatırım kararlarınızı verin.
DXY Dollar Next Possible MoveTechnical Analysis Chart Update
DXY - Dollar
Time Frame - H1
According to the Elliot Wave it has completed the " 4th " impulsive wave and it will follow Buy Trend to complete its Impulsive waves " 12345 "
BULLISH CHANNEL in Short Time Frame #STF - H2
If it Rejects then XAUUSD , ABCUSD will Sell
If it Breaks then XAUUSD , ABCUSD will Buy
DXY - BULLS ARE BACK?DXY possible trend reversal after bearish XABCD. My biased is shorting BTC considering DXY
bounced from support & has inverse effect.
dxy where is the dollar going!we are at a very very key area right at this bullish order block on the 4hr dxy needed to pull back to in order for it to be the next leg up only if it holds of course but this is a area you want to watch if your trading and dxy pairs could be giving entries on a lot of pairs for a medium to long term swing
a break below this level can show bullish ness in dxy pairs but once again the trend is up so it has to show us bears are in control by break that green area which i dont see after a major pull back that size with no news
i would love to see the bulls take control soon but this is the 4hr so we have to wait for some more closes showing rejections at this level
