DXYI think DXY needs short rest and after that goes up. it seems its raising trend. DXY is in the big channel and i think its wave D or started big wave 5. you can see that in weekly and monthly timeframe.
Dxyshort!!!!!!!!!!!!!
DXYWeek after week I forecast weakness in DXY and it continually moves higher proving me wrong again and again. This week is no different, I think there are risks with regards to covid and more lockdowns in the northern hemisphere that could provide more upside for DXY, however even if it does move higher, I still remain bearish. Very short term it looks like it will push slightly higher and most probably test YPH at 96.7 early this week. Should prove to be a good sport to short it.
Shorting Idea DXY/USDXXX/DJI.See the charts not a trading advice this is the final wave of this uptrend I'm expecting a reversal anytime.
U.S Dollar Currency Index Looks Bearish 1D1. The index looks to retest 1D supply zone
2. After the supply zone has been retested, we anticipate the index to bearish
DXY ELLIOTT WAVE ANALYSISthis correction took about 315 days, i`ve shared this analysis before, price looks like it has completed wave b correction. am expecting wave b to subdivide into 5 impulse wave to the downside.i see alot of weakness in dollar. possible drop.
DXY May Fall Down From Here.As per my analysis kindly do your own ta not a trading or financial advice I'm counting it as wxy correction in weekly tf w as abc and x as triangle correction and currently we are witnessing y which should take it below to the marked level and has confirmed it as you can see the trendline has been broken and is being retested for more downside. Trade with care. Good Luck.
DXY Sell Scenario.As per the charts and my opinion i see a downward impulsive move and a nice retracement to 50% of the impulse and a=b looking for downward move. Not a trading advice do your own ta thanks.
DXY is about to revisit the breaker hi,
If you're holding bitcoin, gold, silver, stock anything then this your chart you must look into.
DXY is about to visit the breaker which can resist the rally and timing is perfect.
Don't let it go.
Stay focus.
DXYHey Traders, hope you had a great Weekend.
it's time now to start a fresh week, i would love to recommend you to take in consideration the USD INDEX analysis in the beginning of every week at least if not everyday. That will help you to trade USD pairs more professional and will help you to spot the direction of USD pairs too.
in this week we will be focusing on the selling opportunity of USDX around the weekly supply zone at 95.3, once we will receive any bearish confirmation the trade will be executed.
Happy Monday, Joe!
EURUSD Setting up for a reversal ?Hi Guys, EURUSD looks like it is setting up for a reversal. We have to wait for a clear buy setup confirmation before taking any buys, stay patient and watch it closely.
Thank you for your support.
Next Week's Move DXY.Waiting for a nice correction as it has soared a lot because of FED tightening it's policy and tappering. I'll be looking to buy gold and EURUSD for next week. Not a trading advice do your own ta thanks. BTC may also be bullish because equity would be decreasing and safe heaven assets /currencies are btc gold jpy nzd cny aud gbp chf best push I'm expecting would be for shiba. Tc. Have a lovely weekend. Dow setup buy also invalidated.
DXY- Entering very strong resistance and sell zoneLast week I was wondering if we will have a break above 94.50 resistance, and indeed, we had it.
After this break, the index has accelerated its gains and now is trading near a very strong resistance and sell zone
I expect at least a correction from this zone and a drop to 93.50 support
Traders should look for buying opportunities in EurUsd, GbpUsd and NzdUsd
DXY Corrections Ahead ?DXY is in a nice up trending move and its trading above Sep 2020 Highs at 94.742 ( former resistance turned into support now) .But be cautious topside trend line resistance ahead at 95.35-95.40, watch price action rejection on Lower time frames to open shorts. Stay tune will update you.
DXY two Way Trading OpportunitiesIn this update we review the Pitchfork play in the DXY and identify a couple of high probability trade locations to trade both the long and the short side
DXYDue to the negative divergence in the one-hour time frame, I predict that the price will decrease after the set level so that the uptrend trend line and the set level will decrease.
DXY create ab=cd pattern. So Short Sell Now.....
DXY chart hopefully create ab=cd pattern. So market seems down to
94.000 & 93.600 support zone. If the market break out
94.800 resistance level then this case is invalid.
AUDUSD Sell then buyNot too sure about the short but if does go down to that resistance turned support I will for sure be buying. Let me know what you think in the comments please
dollar index in daily TVC:DXY
As we can see , price just touched a very key zone and I think it can't go higher than this for now , this key zone (purple) has been touched 4 times and it's strong resistance level now
also we have a bearish harmonic pattern .
what do you think guys ?
DXY (Dollar Index) | The best targets to fall🔥Hello traders, Dollar Index in 4-Hour Timeframe This analysis is prepared in 4-hour timeframe but has been published for a better view in 8-hour timeframe.
Dollar Index According to the previous analysis, we expected a further decline and we expected the decline to begin before the previous ceiling was broken.
According to the current analysis and according to the scenario:
We detected that in wave 4, wave b has not yet been completed, and from wave b , wave c has not yet been completed. Do not move beyond, so if the analysis is correct, wave c will be formed as a leading triangle.
If the upward movement is more, these waves are probably related to wave 5 and the scenario will change.
🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏
❤️Please, support this idea with a like and comment!❤️
Gold buy ideaGold is at the resistance line of the descending channel in black on the daily chart. I expect it to breakout and go up to the daily resistance line in red and then come retest the the level where it's at right now the shoot back up. My reason is that DXY recently hit the resistance line in red and is on it's way back down already let's just hope it tears through that descending channel with no problem
Expecting USd to drop for a while - Targetting near 90USD has spiked up a lot since we had teh fed meeting and teh core CPI data. I'm not sure its ready to head off yet... i think we will see a pull back close to 90 after this little push up happening today.
Short DXY.
Target = 90 (near abouts)
