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

DXY - Dollar under pressureWith the anticipation of the inflation data that will be released on Thursday, the dollar is still under many selling pressures, but now it has reached pivotal areas, breaking it may lead it to lower levels, but if the data comes in its favour, it may regain its strength again. Now the price is near a daily bullish trend and near buying areas (demand), as well as it is on the edge of the lowest descending channel on the 4 hour frame. Everything will be revealed on Thursday, so please be careful in your trading until Thursday. 🔥💥 Like, Shared and subscription 💥🔥 Note: If you are a beginner trader, you should be aware of these rules: 1: Do not covet 2: Don't trade too much 3: Secure your positions after entering the profit 4: Enter contracts that fit your portfolio 5: Adhere to all recommendations
TVC:DXY
by zaidhatem
updateWould the dollar fall short from that support area? Looking at the dollar from a technical view we are currently in & uptrend, we can see price is currently holding @ a major support area around $(109.69) area if we see our H4 bar close below that support area we can potentially see price move back short into our 200 EMA. if we keep hold of our support area we may potentially continue to go bullish however we can see sellers are strong in the market also we had some negative fundamentals against the dollar wish is why we saw that short move. at this point we need to have some patience with the DXY and lets see whats the next move for price.
TVC:DXYShort
by AFFINITY_MARKETS
20 REASSON FOR SHORT DXY 🤑TOP DOWN ANALYSIS OVERVIEW🤑 🧐Eagle eye: structural Down Monthly : structure bullish but there are lot of weakness in monthly candle patterns last month is inside bar 😲insidebar😲 current forming 👎doji😲 weekly : a big Imbalance after it prices are going down and down 🥺 so the bigger picture is not clear and in bear favor 1 Structure analysis time frame :DAILY bear 2 target time frame :DAILY 3 Current Move :IMPULSE 4 Entry Time Frame : H4 4.1 Entry TF Structure: BEAR 4.2 entry move : IMPULSE 5 Support resistance base :H4 BEAR ORDER BLOCK 6 FIB: TRIGGER EVENT 7 candle Pattern: DARK CLOUDS 8 Chart Pattern: DOUBLE TOP 9 Volume : EXTREAMLY HIGH 10 Momentum UNCONVENTIONAL Rsi: SUPER BARISH WITH LOUD MOVES 11 Volatility measure Bollinger bands: HEADFAKE BEARISH 12 strength ADX: WICKSAS BEAR 13 Sentiment ROC: BULLISH 14 final comment : SHORT AT RETRACEMENT 15 : decision : SELL 16 Entry: 111.790 17 Stop losel: 112.8 18 Take profit: 107.170 19 Risk to reward Ratio: 1:5 Excepted Duration : 10
ICEUS:DX1!Short
by Optimum369
1
Dollar Index Chart Analysis.... In this situation DXY chart Long tarm create bullish rectangle pattern.So, market first buy correction @ 111:315 and 111:950 resistance level. Then sell to 109.400 support zone. If breakout 113.080 resistance level, then market Buy UP to 115.250 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
The aftermath of the feds fourth 75bps hike; DXY and DOW JONESIt's now official; the US Federal Reserve has enacted its fourth consecutive 75-basis-points rate hike, bringing its benchmark rate to the 3.75% - 4.00% range, which is the highest it has been since January of 2008. The markets reacted quite mildly to the rate hike at first, due to it aligning with exactly what the market was expecting for the past few weeks. Expectations strengthened for another 75-basis-points (typically an outsized hike) after September's hotter-than-expected inflation reading that arrived in October. The mild reaction soon gave way to volatility, as US Federal Reserve Chairman Jerome Powell began to deliver his address that customarily follows an interest rate decision. Investors were intensely curious about this address as it is an opportunity to glean information about why the decision was made and how the bank is thinking about future hikes. What they were specifically looking out for included statements concerning the intensity and pace of rate hikes moving forward, concerns held for the state of the US economy, and responses to recent data drops. What we learned from Powell’s address Stocks actually spiked at the onset of Powell’s address, buts quickly gave up gains when it became apparent that Powell is not seriously considering a slowdown in the pace of its rate hikes just yet, like that which has been seen in Canada and Australia. It will be interesting to see where US stocks head in November after recording huge bumps in October, which in part has been attributed to an expectation that the Fed might slow its pace. For one, The Dow Jones Industrial Average recorded its best month since 1976, climbing more than 13%. Powell noted that he expects to start talking about slowing the pace with his colleges within the next two meetings. The special note that it could be within the next ‘two’ meetings is what lent it a veil of non-urgency. Perhaps the most important note of the address, Powell confirmed that the bank has revised up its expectation for peak interest rates from 4.6% to 5.0% after digesting the data that had been released in October. This note has helped put the US dollar index (DXY) back on track to its 20-year high of 114.00 recorded in September. Much like stocks, the DXY’s reaction reversed its direction drastically after the market caught wind of the Feds revised terminal rate. Before the reversal, the DXY was on its way down to 110.00, before spiking to almost 112.00.
BLACKBULL:DX.F
by BlackBull_Markets
20 REASON FOR SHORT DOLLER INDEX1 Structure analysis time frame DAILY 2 target time frame :DAILY 3 Current Move : IMPULSE 4 Entry Time Frame : H4 4.1 Entry TF Structure: BEARISH 4.2 entry move : RETRACEMENT 5 Suppot resistence base : H1 ORDER BLOCK BLOCK 6 FIB: DISCOUNTES AREA 7 candle Pattern: MOMENTUM ENGULFING 8 Chart Pattern: RISING WEDGE BREAKOUT 9 Volume : DRIED 10 Momentum UNCONVENTIONAL Rsi: SIDEWAYS 11 Volatility measure bollinger bands: POSSIABLE DIVERGENCE MOVE 12 strength ADX: BEARISH 13 Sentiment ROC: STRONG BUT ITS A DAILY CORRECTION 14 final comment : GOING DOWN FOR A FINAL TARGET 15 : decision SELL 16 Entry: 110.540 17 Stop losel: 111.090 18 Take profit: 108.260 19 Risk to reward Ratio: 1:4 Excepted Duration : 4 DAYS
ICEUS:DX1!Short
by Optimum369