Get started

Dxylong

DXY create bearish butterfly pattern. Short BUY, long SELL DOLLAR INDEX MY VIEW- N.B-In this situation DXY chart short tram create butterfly pattern. So, market seems bullish 102.220 AND 102.600 Resistance Zone. Then Sell SAVE. Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watch list and see if the rules of your strategy are satisfied. Dear Traders, If you like this idea, do not forget to support with a like and follow. PLZ! LIKE COMMAND AND SUBSCRIBE.
TVC:DXYLong
by AronnoFx
1
DXY US Dollar Index #DXY has grown and heading towards a minor trendline that has served as resistance for the bullish correctional pattern which It just broke out from within price range of 101.62 I want to belief that this would take price to a MAJOR demand zone around $100 before the rebound, but economic events might act a good catalyst for the Bullish movement of US Dollar Index also. My hope is that price would go back to test it recent high around $105.00 if this happens Thank you for staying with us, kindly share your views, comment and like.
TVC:DXYLong
by TTTAFX
XAUUSDHello Traders and Subscribers.... Thank you for taking your time out to check out my Precious Metal Idea out... General Sentiment= #DXY has grown and heading towards a minor trendline that has served as resistance for the bullish correctional pattern which It just broke out from within price range of 101.62 I want to belief that this would take price to a MAJOR demand zone around $100 before the rebound, but economic events might act a good catalyst for the Bullish movement of US Dollar Index also. My hope is that price would go back to test it recent high around $105.00 if this happens Technical Idea=== #XAUUSD broke out of a major falling trendline to the upside and seem to be trading towards a bearish structural pattern since price has just retested a major supply level, I am of the view that $I,852 is a very key level to watch as this might take price to the nearest resistance which could turn support around $1,822. A strong violation of that level might push price downward towards an horizontal resistance level which is the recent low $1,754.
FXOPEN:XAUUSDShort
by TTTAFX
DXY Dollar Index : Tighten your seatbelt, airplane in space 9.5Simple, practical, efficient. We are looking at the highest level since March 2020. A very smart trader once told me - Buy low, sell high. And looking at December 2016, March 2020 - Jackpot would have been hit both occasions with a short position, with 15% down for USD on average both times. Now let's connect that to today. What's similar? The level it self. 103.80-104.50 is the range both times the USD came down crashing, showing strong horizontal resistance in this 5 year window. What else? Extreme stretched MACD showing overbought condition only similar to March 2020 and December 2016. And? RSI 14 on weekly chart shows the most stretched overbought condition since 2015, when DXY came down from 100 to 91 within weeks. Now let's look at the other possibility , a clear breakout higher than the horizontal resistance. This would be a breakout of a very long-term consolidation , which would mean the beginning of a new up-trend that could take the USD to highs only seen before 22 years ago and before than the mid 80's. Is this probable considering the extreme overbought condition across big and short timeframes? Is this probable considering the highest national debt in history by far? Is this probable considering the tech bubble burst? Is this probable considering the worst inflation in 40 years? Is this probable considering the rate hike is already priced in? And the list goes on and on. Make an informed decision, don't buy expensive. ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Thank you so much for reading! If you found my idea useful please like and follow, it would mean a lot for me. My target is to help as many traders as possible, please comment and let me know what would help you most. I promise to respond to everyone with detail, thanks again :) -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ICEUS:DX1!Short
by Exactus
3
USD Index DXY Strengthening into 113 PTSince summer of 2021, DXY has gained strength and momentum as the broader global economy has begun to face tremendous uncertainty coupled with rampant inflation from unfettered stimulus and "quantitative easing" that began following the housing market collapse ~15 years ago. Articles were written that inflation is dead while the Federal Reserve propped up markets, printing money without thought. The QE environment appeared stable until the global pandemic surfaced and governments around the globe printed even more. At this point, the US Dollar is showing signs as the "best" of a bagful of bloated currencies with a rush towards risk-off safe havens. As it stands, inflation has driven every asset class to extreme levels and is barely showing signs of slowing... the general consensus is leaning to either a significant market correction or let inflation remain out of control. Given price instability, central banks are increasing rates and looking to trim bloated balance sheets which will result in major market pullbacks. Right now, DXY is looking to breach levels not seen since the dot.com bubble as a first leg up... with plenty of room to climb past that given $9 Trillion on the central bank balance sheets, money supply at extreme levels, & inflation at levels not realized in 40 years. Golden cross on weekly with 100 EMA crossing above the 200 EMA in late March. Expect some small pullback as the markets look for a relief rally and exit liquidity before DXY charges upwards. As it stands, "cash is king" and the US Dollar reigns supreme (for now & the near future).
TVC:DXYLong
by R0MM3LL