USD (DXY) Weaker than Bambi !!!! DXY has been crawling up and up and Finally on the H4 time, its giving crazy sell signals. A very bad drop will be coming any USD/XXX will see some lows.
Dxyshort
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 Turning Down For W4 Monthly EW. $BTC #XAUUSDThis count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.
DXYThe dollar index appears to have reached new highs. Any further bullish move will be met with a retracement first.
DXY Harmonic EW Macro Top Reached as ProjectedIt's been a while since I projected this move, and I think it's time for the US Dollar to take a break. At the same time I expect a major a recovery in most markets of the world, including the GBP and EUR.
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.
$DXY Has Topped?This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.
DXY - Dollar Next MoveTechnical Analysis Chart Update
DXY - Dollar
Time Frame - H1
ELLIOT WAVES - " 123 " wave completed and making correction for 4th Wave
BULLISH CHANNEL in Long Time Frame #LTF
Symmetrical Triangle in Short Time Frame #STF
Dolla Dolla Bill Y'allI think a pullback in the dollar is imminent. It has been a perfect storm in the geopolitical world with inflation, talks of war, tough financial decisions by countries that will likely have a long-lasting effect on their financial futures. Now unless the world really goes to crap and financial systems collapse in the next week, I am unsure how much higher the dollar can go for now. As you can see UUP the Dollar Index has aggressively broken out of its channel with multiple gaps up on the daily. The repeating pattern I see is big up then a smooth woosh down into accumulation. I'm not much of an RSI guy but the pattern is once it gets overbought you can see what happens. Now I don't think the dollar will collapse yet but definitely positioning for a pullback in the near term. This obviously would-be short term bullish for stocks and risk on assets. I definitely don't think this is the highest we will see on the dollar the worst is yet to come imo but nothing goes straight up without some pullbacks. All just my opinion not financial advice my friends.
DXY, IS IT DUE FOR A PULLBACK?After a large over extension the DXY seems to slowly be rolling over after a great run up caused by many fiscal and monetary policies taken by the FED as well as global Macro S/D issues, inflation and war.
Dxy short on 4h TF Took this trade as per Dow theory HH HL
Expectations is around 110.262
Possible rejection picked through
Fib channel rejection point
Level 1.61
Level 1
Level 0.78 possible a huge rejection
One more thing collected on rsi 1h tf
Double top ,as mentioned on chart
DXY just hit a trendline that includes 2009 (bottom) 2015 & 2017Can't believe I missed this trendline, beautiful resistance line, DXY needs to cool off to get the bull run going again and I think it will here soon. Might have an over throw, but there is a ton of confluence here.
dxy dxy has completed a bearish deep crab pattern on monthly time frame .its maximum target is 1.91 according to scott carney .117 to 118 is the possible reversal zone .also we have ob and fvg in this region
NFA DYOR
Why aren't we talking about this?The US dollar index continues to batter emerging markets and their economies whilst making all time highs. Why can't we all just accept BTC as a legal tender to trade and screw the dollar? Wake up peeps
Dollar index ready to fall are you readyDollar index ready to fall are you ready market break in the two demand zone we expect a market bearish move to start valid till invalidation level if break then continue uptrend start
Good Bye $Dxy Welcome $BTC $Gold $Eur.This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.
