Dxyshort!!!!!!!!!!!!!
2023 tradingdesk for the dollarHi Traders.
From now i will have one main idea, and all the ideas as we reach cycle targets for the year will be updated in the thread.
Fallow, like so you dont miss the updates.
I dont trade short term, keep in mind my ideas are longer term, and its boring.
We wait for the cycles to bottom and we wait once in the trade for the trade to mature.
DXY AT IMPORTANT RANGEHello friends, today Jerome Powell indicated that they should increase interest rates further more, they said same thing last month but it didn't give much strength enough to DXY enough, so I expect such a move which I have indicated in the chart... and J Powell speech indicates that there's loads of supply of US dollar in the market, and to make US Dollar strong, they should lower down the dollar note printing... and they have to lower the supply of US Dollar.... this indicates that US dollar supply is high, which means collapse of DXY... and I expect US dollar crash anytime soon, and I predict that it may happen after NFP report on 10 March...
Hope y'all wellness....
DXY NEW WEEKLY OUTLOOKOn the 4th of April, price made a significant move on dollar, price broke to the downside sharply cause XAUUSD to fly over 500 pips.. since then we have been on a pullback, this does not mean price is now bullish, it is just a retest and i am still selling dollar... next week will be fire the way i am seeing it, watch out for price action.. I will be selling dollar and Buying GOLD, target should be around 2050.. be prepared.. its good friday today, enjoy your Easter, see y'all next week.
DXY : Short Trade , 1hHello traders, we want to check the DXY chart in the 1-hour time frame. The price is moving in a downward channel and after breaking the key level of 101.900, it has pulled back to this level. We expect this level to act as a resistance level for us. Play and maintain the downward trend of the price and drop to the next key level around the price of 100,900. Good luck.
#DXY- BUY XXXUSD to catch Big Moves!!Dear Traders, following yesterday data on NFP we have now identified that USD pairs will be bullish for longer time as fear of recession has risen again, from negative NFP to increasing tax on Capital gains, everything indicating towards a negative DXY; we also have CPI next week which will be interesting and important for the investors and traders. It will be better to leave USD pairs alone on Monday where we will have a better understanding of the price action.
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DXY FALL INCOMING! xxxUSD to SPACEDXY us currently BEARISH and we are only look for SHORTS here.
How does this help us trade the market?
RULE - DXY goes DOWN, xxxUSD go UP
CHEATSHEET - Your xxxUSD trades will not move if DXY isn't ready for that big impulse legs
I make sure when I take SUD trades that day is in full support of the direction am taking.
I won't get in on any new xxUSD LONG if DXY hasn't reached the UB (Upper Band ) on the H4.
We already have the EMA CLOUD, so every UB will be a badass impulse trigger (Learn the HOOD SUITE SYSTEM)
I will be on full throttle LONG on xxxUSD (check for NOTIFICATIONS to see which of the USD pairs we will be attacking) when DXY reaches the UB on H4 as the next impulse leg should kick in from there.
INVALIDATION - IF we get a close on the PREV HIGH level then we will chart a course for the next move when that happens.
P.S I will post money making trades like this everyday and everything you see on my chart is
from the HOOD SUITE INDICATORS, everything you need is right in front on you inside the indicator.
(The key zones, Levels for manipulation, visible SL for invalidation, Alert when trade setup is ready).
No trend lines or complicated analysis, all you have to do is FOLLOW!
Is DXY tracing out a H&S top?Looking at a chart of the DXY it appears to be working on forming a head and shoulders top. Pattern is not complete until it breaks through the neckline, but the formation can clearly be seen and is currently working on the right shoulder. Should the pattern complete it targets a measured move to 87.75. I'll leave you to make your own conclusions as to what this means for risk assets.
DXY WEAKNESS! xxxUSD LONG Rally coming!// THE DIRECTION //
DXY is currently looking weak here. (Reason - PA, EMA Cloud, SUITE B, BL, Below PW.5 and anticipating a retest for the next fall )
The best way to trade xxxUSD is to understand what DXY is doing.
IF DXY falls, xxxUSD rally up and right now we are about to have just that and we expect this to drop all the way down to PML (Previous Monthly Low)
// INVALIDATION //
Invalidation here would be DXY breaking the previous high @ 103.350.
Brace yourselves, the rally will happen.
Keep your eye out for my xxxUSD idea next.
P.S I will post money making trades like this everyday and everything you see on my chart is
from the HOOD SUITE INDICATORS, everything you need is right in front on you inside the indicator.
(The key zones, Levels for manipulation, visible SL for invalidation, Alert when trade setup is ready).
No trend lines or complicated analysis, all you have to do is FOLLOW!
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.
DXY Chart Analysis....
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