Bearish on DXYI am targeting those three lines . Only entering short when i see strong bearish reaction at the top
Dxyshort
US DOLLER (DXY)Setup If Broke a 103.258 area continue the crashi
US DOLLER (DXY)Setup
US Dollar Index comes under pressure south of 104.00 ahead of key CPI
BY BULLSFX TEAM
DXY showing weakness and a reversal may be in the its futureDXY losing the 200 hma on the 1h chart and failing to get above it multiple times.
So far the PA ranging and starting to lose support indicating it might be time to reverse.
Interesting, as the CPI report gets released today and the SPX and Crypto dangling at low support levels.
Let's see what happens today.
USD INDEX(DXY)USD index likely bto fall to the zone around 102.603 or a little below it with respect to the fibonacci pattern 50>>70% which aligns perfectly with the zones and chart as seen respected 50% and so our next target is 70% whichb is a zonne and also has liquidity to be taken out
DXY: TIME for USD PULLBACKS?Hey traders, in this week we are monitoring DXY for a selling opportunity around 104 zone, once we will receive any bearish confirmation the trade will be executed.u
we highly recommend to take a look at DXY at the beginning of every trading week if not everyday, that will help you to trade USD pairs more professionally and spot their direction!
Trade safe, Joe.
2023 WORLD ECONOMY CRASHESIn 2023, we will face a major economic crash and the value of the dollar will fall sharply against other world currencies. This economic crisis may exist until 2025, but after that we will enter the era of economic prosperity in the United States.
DXY Weekly Analysis ⁉️Here I expect bearish price action as we could see SH+BOS+RTO Pattern, after the price took out liquidity above equal highs and rejected from institutional figure 104.000, broke the structure and returned to bearish orderblock.
DXY fallHello Traders, I think it is time for the indicators to recover and the dollar to fall from it strongest area, even if it will continue to rise. I expect to visit 100$ before rise , the scenario is different in case it rises above 105 and remains stable above.
If you like this idea, do not forget to support with a like and follow
DXY - BREAKOUT STORYDOLLAR INDEX has once again giving a breakout from its recent high of 103.600. Recently as highlighted on the charts the breakouts remain successfuly specially after FED Hawkish View.
Will this breakout succeed ?
Jamie Trade Idea- Sell DXYTrade Idea: Selling DXY
Reasoning: Posted double top formation - looking for a move lower.
Entry Level: 102.90
Take Profit Level: 101.95
Stop Loss: 103.17
Risk/Reward: 3.52 R
Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis , as would also your use of all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
DXY Parabolic Rise DXY showing a parabolic rise with 4 bases formed. Currently hitting resistance of two previous highs forming a triple top. Could descend from here or make one more advance to the 106-108 area before declining into the low 90s. May depend on euro interest rates before seeing a significant decline I think.
5 MIN MMBM SETUP GBPUSDMMBM formed inside yesterday session and midnight - asia session seeing SR and BOS to the upside giving us indication GBP/USD is bullish, this ties hand in hand with what we see on DXY.
Highlighted is the OB+FVG well be looking to get in sync with the market , while keeping our eye on DXY as we have alot of BSL above so again MANIPULATION could occur before we see continuation
dxy market maker sell modelLooking at dxy 5m we have a MMSM will wait again for london but will look to target the sell side liquidity going into London if dxy opens bearish.
london newyork will provide the setup once again , friday is NFP so we want to be in the trade by newyork tomorrow or we sit on our hands , weve seen the manipulation we face during the trading week , NFP can be wild and not worth the stress
DXY skyrocket soon 120!!!This is not financial advice. This is for only my private trade plan. If you have follow at your own risk.
DXY(USD INDEX) SHORTS SHORT TERM 📉📉📉Expecting bearish price action on DXY on a short-term basis as pprice rejected a bearish orderblock on the H1, and shifted the market strucutre on the H1 from bullish into bearish.
From a medium-long term perspective i am still bullish on the DXY.
What do you think ? Comment below.
DXY - MARKET OVERVIEW DXY - MARKET OVERVIEW
DXY moved parabolic for the most of this month and smashed yearly highs, this is being fuelled by the conflict in Europe but also the FED HIKE RATE event where they expect to print 50 bias points. This is bullish for the dollar and has been a driving factor but price has gone up so much which a correction it's becoming unstable. If the 50 bias points is printed I'd expect a big spike in DXY before a mid term bear cycle as price is already well and truly factored in, it's a waiting game from here and I am sticking to my bias.
Make sure you use the link below to follow us more closely!
-------------------------------------------------------------------------
Pip count this week 💰🏆+1035 pips
WTI SHORT / 74 pips ✅
GBPUSD LONG / -26 pips ❌
WTI SHORT / 185 pips ✅
WTI SHORT / -10 pips ❌
GOLD BUY / 70 pips ✅
GOLD SELL / 170 pips ✅
WTI SHORT / 200 pips ✅
GOLD SELL / -30 pips ❌
GBPUSD SELL / 67 pips ✅
GOLD SELL / 30 pips ✅
WTI SHORT / 60 pips ✅
WTI SHORT / 130 pips ✅
GBPUSD SELL / -30 pips ❌
GBPUSD SELL / -15 pips ❌
WTI SELL / -70 pips ❌
WTI BUY / 100 pips ✅
GBPUSD SELL / 20 pips ✅
GOLD SELL / 110 pips ✅
18 trades taken
12 wins ✅
6 losses ❌
66% win rate
⁉️ DXY Weekly Analysis Here I expect a retracement due to the fact that price left behind a lot of imbalances that have to be filled, as well we can see the price rejected from institutional figure 104.000 and closed bearish on Friday. I expect the price could go for the previous weekly low liquidity and reject from bullish orderblock + institutional figure 101.000.
DXY longterm prediction As DXY took the weekly buyside liquidity I am looking for it to go down on the next months. This means I am looking for longs on XUSD pairs and shorts on USDX pairs.
DXY & Bitcoin Correlation ( $300 Target In 2025 )DXY V/s Bitcoin Correlation :-
TF:- 2W
✨DXY is currently at $103 Level.
✨Multiple Price Rejections are seen from Support & Resistance zones.
✨RSI bearish Divergence is also seen, While RSI is in OverBought levels.
✨Bearishness is expected in DXY by looking at Current Price Action.
✨We need to wait till the confirmation of Price Rejection from the Resistance zone .
✨ If the Price reject then it can go to the levels of $95 , $93 or $90
✨ For Bullishness in DXY = Price needs to give a Breakout of $103 level with Strong Bullish Green Candle and should give closing above it.
✨If DXY gives a Breakout, Then the Price can go up to levels of $115 - $120 or higher.
Conclusion =
= If DXY Breakout Above $103 Mean Bitcoin Super Bearish and Target would be $25000-$30000 Again.
= If Rejection as per the chart then we can see Bullish Mode Continues And Target would be $52800/$100k
Folmula = Y = 1/X
Where Y = DXY
and X = Bitcoin
Thank you for Reading.
Don't forget to Like and Share.
Show Some love in the Comments.
DXY - start of the Roaring 20sHi there,
DXY charts are preparing a massive fall on the Monthly timeframe, we will see new lows for DXY, Currently we are sitting at the top of the Falling wedge, in the last wave (5) at the weekly chart as well, preparing a topping process for a massive fall which will follow for DXY
Fundamental reasons for DXY fall- Dollar loosing his "World reserve Currency " as we see examples from Russia, Demanding payments of Gas and Oil in Rubble, this is Showing a change of regime for the Dollar
Dollar has been so strong last week, Why? In a last wave and a topping process, market makes sure to Change everyone sentiment , and bias , to that particular currency, in this case the Dollar, a massive move on the upside is turning everyone into Bullish on the Dollar, as it prepares a massive Fall, and when the fall Starts, Nobody will be expecting it, as we saw a massive rally last weeks.
Currencies to Long vs the Dollar
Mainly , AUD, GBP, EURO, NZD
Which Currency will be the next "World Reserve Currency"? From the charts, JPY is suggesting that it will be the next strongest Safe Haven in the incomming Months, So, Prepare to Short USDJPY as well, on this Dollar crash
Good Luck!
DXY- Correction round the corner?I'm bullish USD for quite some time and my 103-104 zone target was just hit.
Although I will remain bullish in the long term, at this moment I believe a correction will follow.
Looking at the monthly posted chart we can see that DXY is trading in a very strong resistance zone, market by 2017 and 2020 highs.
That being said, a drop to 100 is very probable for the index.
DXYAre we finally approaching the top of this move? Or is everything going into a bear market and DXY is just getting warmed up. Let me know what you guys think & thanks for following me and watching my videos. :)
