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

DXY EXPLAINED 📉📉📉🎯 DXY - USD Index USDINDEX - The U.S. Dollar Index (USDX, DXY, DX, or, informally, the "Dixie") is an index (or measure) of the value of the United States dollar relative to a basket of foreign currencies, often referred to as a basket of U.S. trade partners' currencies, this index helps us to understand if USD is bullish or bearish on a short term or long term perspective. 🎯 DXY has two correlations one of them is positive meaning the certain assets moves like DXY and negative corelation meaning certain assets move exactly vice-versa. ✅ DXY Positive Correlations DXY ⬆️ USDCAD ⬆️ USDJPY ⬆️ USDCHF ⬆️ USDRUB⬆️ USD XXX ⬆️ ✅ DXY Negative Corelations DXY ⬆️ EURUSD ⬇️ GBPUSD ⬇️ AUDUSD ⬇️ NZDUSD ⬇️ From a technical standpoint to have a better probability in your trades try to find entries when both DXY and for example USDCAD are in long poi (point of interest) this will increase your chance of having profits as you use inter-market correlations
BINANCE:BTCUSDEducation
by AnonimFXRO
DXY- Is this a double top?After reversing from the very strong confluence support at 94.50, DXY made a new high above 97. However, what should have led to continuation proved to be a false break and we have an Evening Start candle formation which marks strong resistance. Yesterday the index also has broken down under the ascending trend liner and now is facing support on what can very well be the neck-line of a double top. A break under this support would give us confirmation for the pattern and could lead to further losses towards 92 support.
CAPITALCOM:DXYShort
by Mihai_Iacob
7
DXY 95.31 - 0.7 % SHORT IDEA * CONTINUATION PTTNSHEY TO EVERYONE WHO SEE THIS HOPE EVERYONE IS DOING GOOD HAVING A GOOD SOME OPPORTUNITIES IN THE COMING WEEK. LOOKING AT THE DOLLAR INDEX * From the H&S the index has been on a down trend hitting LL & HL. * Due to the bearish momentum looking for possible continuation towards the next major support level. * The index already broke support level pushed up for a retest, rejection from this level will be the key for this set up. lets see how it goes IF THIS IDEA ASSISTS IN ANY OR IF YOU LIKE THIS ONE SMASH THAT LIKE BUTTON & LEAVE A COMMENT. ALWAYS APPRECIATED ____________________________________________________________________________________________________________________ * Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT. _____________________________________________________________________________________________________________________ | * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - SWING TRADE
TVC:DXYShort
by PULEMokhothu
2
DXY | The last target to climb📍Hello traders, Dollar Index ( DXY ) in daily timeframe , this analysis has been prepared in daily timeframe but has been published for a better view in 2 day timeframe. In the wave counting done in higher times, a leading trend is formed and from this trend, waves 4 and 5 remain. Wave 4 was originally intended as a flat, but wave c, which we identified in the count now, did not look like a leader, and we assumed it to be a triple zigzag. So the count has changed to triangle and from this triangle the waves a, b and c are complete and now we are inside the wave d. From wave d, wave a continues to form. Wave a forms its waves 1 and 2, but what is in doubt is wave 3. Wave 3 cannot be said to be over or still ongoing. However, according to the channel related to this wave and the latest resistance to the bottom of this channel, wave 3 will probably continue and by breaking the range, it is determined that the end of wave 3 is from wave 3 to form wave 5 and up to around 97000 to 98000 This upward trend will continue However, if the bottom of the orange canal is broken, I will consider the 4th wave to have started. 🙏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!❤️
TVC:DXYLong
by mahdisoltaninjad