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Dxyshort!!!!!!!!!!!!!

Dollar Index Chart Analysis.... In this situation, DXY chart creates ab=cd Pattern. So,if a breakout market 101:000 support level is then market sell to the nearest 100.800 and 100.230 support levels. If breakout 101.700 resistance level is, then the market will go up 102 resistance level. AronnoFX will not accept any liability for loss or damage as a result of reliance on the information contained within this channel including data, quotes, charts and buy/sell signals. If you like this idea, do not forget to support with a like and follow. Traders, if you like this idea or have your own opinion about it, write in the comments. I will be glad.
TVC:DXYShort
by AronnoFx
When can the DXY index break the Descending Channel❗️❓The DXY index has been moving in the descending channel for more than 1 month.📆 DXY seems to have formed the Double Three Correction structure(WXY) in the middle of the descending channel during the last two weeks. I expect the end of wave Y to finish near the middle line of the descending channel and the🟢 support zone($ 101.3-$ 100.82) 🟢, and again DXY will attack the upper line of the descending channel for the 5️⃣fifth time5️⃣ and break the descending channel. U.S.Dollar Currency Index ( DXYUSD ) Analyze, 2-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.
TVC:DXY
by pejman_zwin
30
Has The U.S. Dollar DXY Peaked In 2023?After steadily climbing throughout 2021, the DXY saw a solid start to 2022. The US Dollar Index rallied from a low point of 94.63 in mid-January to a 20-year high of just over 114 in late September. DXY has experienced a significant drop since the publication of cooler-than-expected inflation data. Expectations of slower rate hikes from the Fed, and a lower potential terminal rate for US interest rates, have resulted in a repositioned dollar. I believe the USD will weaken further in 2023, as its significant overvaluation (based on the real effective exchange rate (REER)) can no longer be supported, once the Fed stops hiking, global growth shows signs of toughing and market volatility comes down. Technically, the dollar index DXY on the monthly timeframe closed below the 21-EMA for the first time since Aug. 2021, below the critical resistance represented in 102.80 level. Next downside target: 99.35 support level. (on the medium-to-long term)
TVC:DXYShort
by AlyaAkram
New opportunity to add in my dollar positionAfter breaking through the support zone, a retest occurred, accompanied by a 61% Fibonacci retracement. Thursday's GDP data will be the deciding factor for market movement, We can anticipate two potential outcomes: 1. If the GDP exceeds expectations, investors may feel more secure, and as a result, dollar prices may not increase significantly. 2. A worse-than-expected GDP could trigger fears of a potential recession, leading to a surge in demand for safe-haven assets like gold. This increase in demand could drive up the price of gold and weaken the dollar significantly.
TVC:DXYShort
by keechi
17
DXY: Event influence!Hello traders, I have some USD related information to share with you ♥ US Dollar's position as the primary global reserve currency is being challenged The US Dollar's share of the global market has decreased from 71 percent to 59 percent over the last two decades and could shrink even further in the future. The primary victim in this scenario is the United States, as currency usage in global trade is a zero-sum game. Each time a Yuan, real, or Rupee is exchanged on the global market, a Dollar is not. If credible alternatives gain steam, the dominance of America in the global market will be compromised.
TVC:DXYShort
by Sphyn-Trader
2
The inevitable collapseDXY looks to be at a reversal point, or is it? This is why I love looking at a ticker in relation to another by using the / symbol. The way it works is ( ticker youre interested in )/( in relation to another ticker ) . For this instance we will look at both DXY/SPY and SPY/DXY. Typically SPY and DXY do not move in correlation, in fact they move in the opposite directions. When the dollar is strong, stocks fall as more people invest in the dollar as opposed to stocks. In the contrary when more people are investing in stocks, there is less money being put into the dollar. First lets look at only the DXY chart. Here we are looking at the weekly chart of the dollar. Although we are still in a downtrend, with the 9,21 and 50 ema stacking to the downside, there seems to be the possibility of a double bottom occurring at a previous support level of 101. By looking just at this chart, the dollar looks primed for a reversal. The question is how strong of a reversal will it be? Next lets look at the DXY/SPY chart. This chart is a much different story and shows tremendous weakness in the dollar in comparison to stocks. We have a head and shoulders with the last reject off of the 200ma. The candles are following the downwards momentum along the ema with the continuing lows of the MACD and RSI. Last, lets look at SPY/DXY As SPY and the dollar are inversely correlated its no wonder that this chart is showing significant strength in SPY. We have an inverse head and shoulders with the 9,21, and 50 ema going upwards also followed with the upwards trajectory of MACD and RSI. If there is a break of the resistance line, I am even more than certain we are on our way to another bull run. I know the thought of a bull run sounds insane with so much talk about a recession but do you think the market wont be prepared for a massive short squeeze as everyone and their mothers have gone short in anticipation of a killer recession? Remember, the market never does what the masses want it to do. TLDR: DXY looks poised for a reversal but comparing DXY to SPY by looking at DXY/SPY and SPY/DXY shows significant weakness in the dollar in comparison to stocks. DXY and SPY are inversely correlated. All charts combined shows we may have a slight bounce in the dollar, but there is more downside still to come.
TVC:DXYShort
by MoRafi
DXY - Long term | Market outlookInvestors focus on further actions of the US Federal Reserve in the field of monetary policy. Most experts believe that in May, the regulator will raise the interest rate above 5.0%, after which it will keep it at this level, and by the end of the year, it may begin to reduce the cost of borrowing again. Under the conditions, the comments of American officials are of particular interest. Thus, the President of the Federal Reserve Bank (FRB) of Atlanta, Rafael Bostic, noted that it is necessary to increase the rate again, after which it is worth stopping and assessing how quickly inflation returns to the target levels. The official added that the US economy remains strong, price increases are high, and there is a lot of work to be done in the fight against it. St. Louis Fed President, James Bullard, in an interview with Reuters, confirmed that monetary policy tightening could continue amid the release of recent economic data, as inflation is not declining and economic recovery is slow.
TVC:DXYShort
by DynamicCapital-FX