Dxyshort!!!!!!!!!!!!!
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
Analysis DXY : 📅 09.30.2022DXY analysis:
Considering the lack of ability to climb and the weakness, it is expected to continue the upward trend in the one-hour time frame.
And the formation of a new downward trend at this time expected a downward movement to the specified targets.
If the range of 114,000 is broken, we can expect the price to rise again.
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Descending targets:
110,300
108.450
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👤 Alireza hajighasem : @alirezahajighasem
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📅 09.30.2022
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.
DXY Major Macro Top Reached as Projected I published a while ago that I expected the US dollar to top out in the 114 area. We've now hit that as expected, and we're quite possibly on the start of a reversal.
I expect all major indices to start a bullish reversal as well as many other Forex pairs like EUR and GBP which have already had a very strong downtrend which I believe to be over.
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
DXY top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.