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

SELL On DXY Dollar Index Just Triggered! Has Correction Begun?Just a quick update on the idea I posted on the DXY Dollar index yesterday were I said I suspect there would be a correction after taking out the 2002 September high which was located at a Monthly SUPPLY/SELL zone, correcting down towards the 103 area before then moving higher towards 117. I wrote yesterday that I wanted to see a Daily close back down under 110 and for my custom price action indicator to give me a SELL signal either on the daily or weekly charts. The indicator has just give me a nice SELL signal the accuracy of these signals depends on were it happens i.e. inside higher timeframe SUPPLY/DEMAND or at support and resistance levels. When the signal is in line with these levels it is normally very accurate so I have shorted the DXY with a target area just below 105 (will watch to go lower) stop is above 111.5. Markets are fundamentally driven at present so technicals will not work as well especially on lower timeframes it's my belief in markets like this paying attention to the higher timeframe charts Weekly and Monthly will provide evidence of where the markets are heading and by simply using lower timeframes to find evidence of slowing of momentum and entry signals. You can do very well
TVC:DXYShort
by TheFxAce
How High Can The DXY Go Without A Correction?? SHORT then LONG?The Dollar is surging and nothing seems to be stopping it the DXY has been rallying for nearly 16 months straight without a correction. We have just taken out the 2002 September high this also being at a SUPPLY/SELL zone from 2002. I suspect we may get a short term correction soon down towards the newly created DEMAND/BUY zone between 103.5 -100 this would be a nice area for buyers to come back in. If the correction does happen the long term target could well be above the 117 level which is also a SUPPLY/SELL zone which sits bang on the 50% level of the overall range taken from the overall highest to lowest points you would expect strong selling here. Giving the current moves on the dollar it could literally run straight up to the 117 area without stopping though i suspect a correction to 103 will happen I will wait for a weekly or daily close back inside 110 area and a SELL signal on my indicator to occur to confirm the correction. If it does correct to the 103 area i will again wait for confirmation BUY signal and price action to reconfirm the move up.
TVC:DXYShort
by TheFxAce
DXY (USD INDEX) MONTHLY SHORTI think we have finished ABC correction and are now in the last part of the X wave. after this X wave, I predict that the USD index will fall to the areas shown. furthermore, we are in the upper area of channel down. Also, I have provided Fibonacci retracement of the ABC wave and now we are in the middle of that wave (50%). In addition, Fibonacci projections of X wave have made a resistance area shown in red! conclusion: I believe USD have very bad days in front of its currency and we may hear bad news about the united states in the months coming. wish the best for all people of the world. God bless us
TVC:DXY
by FardinT
DXY create bearish Harmonic pattern. So, Short sell, long buy In this situation DXY chart Bearish Harmonic pattern . So, market need to seems SELL correction at 109.327 or 108.500 support level. Then Market fully BUY to 109.900 ; 110.240 & 110.500 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
DXY monthly forecast ahead of NFP At August’s close, the USD can be said to have performed exceedingly well against its trading partners. The DXY climbed 3.2% over the month. Now it heads into a very important Non Farm Payrolls result, and investors will be looking for clues as to the USD’s next move. The Non Farm Payroll data for August is released on September 2, 2022, and is perhaps more eagerly anticipated than normal. The reasons for this are detailed in Monday's market review Pound and gold head lower before NFP data. The worst performing USD pair over the past month has been the Pakistani rupee (USD/PKR), which fell by more than 8.0%. But this movement against the USD was far from the norm. The movements of other currencies include: GBP/USD, fell by 5.2% NZD/USD, fell by 2.9% EUR/USD, fell by 2.1% AUD/USD, fell by 1.9% USD/INR, rose by 1.4% USD/RUB, rose by 1.7% USD/CAD, rose by 2.1% USD/CHF, rose by 2.5% USD/JPY, rose by 5.3% We can look at the DXY chart on the monthly timeframe to try to ascertain whether the USD can sustain this upside momentum. Thus far, technical analysis is maybe suggesting that the US dollar still has plenty of space to move toward the upside. The monthly candle’s 107.500 resistance area, which is now broken, opens traders to scope out higher levels of resistance including 110.00 and 116.500. The former of which the Dollar index is currently butting up against. Further afield, traders may want to keep the 2-decade high of 120.000 in the back of their mind. Such a lofty prediction is seemingly backed-up by an upcoming US Federal Reserve interest rate decision. On the other hand, traders should be wary as well. The price could also create a monthly pullback as the Williams %R indicator is currently planted in the extreme upper range above 20%, which indicates that the price might be in overbought territory.
TVC:DXY
by BlackBull_Markets
Dollar complete W pattern ready to SELLDollar index ready to short from 109.4 to 106.4. Technically, Dollar create strong bearish divergence in weekly time frame. Big Picture! Dollar now on solid bullish trend or up trend and still dominates the higher price. DISCLAIMER Remember, there is no place for luck in trading - only strategy! This analysis can change at anytime without any update and it is only for the purpose of assisting traders to make independent investments decisions. We are the only one person who is responsible for our physical, mental health, relationships, success, and money in our lives. So taking a trading or investment risk on the markets based on this idea. You deserve the profit and you are responsible for your potential loss. Any opinions, news, research, analyses, prices, or other information discussed in this idea. Here i anticipated by price action, please do not consider investment advice, Because i'm not your official financial advisor. The author of this analysis does not accept liability for any loss or damage.
TVC:DXYShort
by mahfuzazim_TA