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Dxyshort

DXY Index will Go Down to 🟢Heavy Support zone🟢(1-Hour)⏰✅The DXY index managed to break the Uptrend line and 🟢 Support zone 🟢. 💫Currently, DXY reacted well to the Resistance line and formed a 💫Shooting Star Candlestick Pattern💫 near this line in the 1-hour time frame ⏰. 🔔I expect the DXY to trend lower in the coming hours , enter the 🟢 Heavy Support zone 🟢, and fall to at least the 🟡 Price Reversal Zone(PRZ) 🟡. U.S.Dollar Currency Index ( DXYUSD ) Analyze, 1-hour time frame⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy; this is just my Idea, and I will be glad to see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
TVC:DXYShort
by pejman_zwin
27
DXY : Here's what you need to know to start your week.DXY New forecast The US dollar index faces the risk of ending its 12-week upward streak, with a possible decline to 104.19. Factors contributing to the dollar's strength include Fed hawkishness, recession fears in the Eurozone, and weak data from Asia US inflation data could provide more clarity on the future path of interest rates following Friday's strong jobs report, while minutes from the Federal Reserve's latest meeting on Wednesday will also be looked at closely. Meanwhile, the third quarter earnings season begins and energy prices remain in focus. Here's what you need to know to start your week. Inflation data The US will release what markets have been waiting for September CPI data this week as investors continue to evaluate the Fed's rate hikes for "a longer period". The August CPI report showed the fastest increase in 14 months as the cost of gasoline rose, although core inflation, which excludes food and fuel costs, rose at its slowest pace in nearly two years. Jobs data on Friday showed a larger-than-expected rise in non-farm payrolls last month as wage growth slowed, suggesting that monetary policy may remain tight for some time. Federal Reserve meeting minutes The US central bank is set to publish minutes from its September meeting on Wednesday as market watchers look for clues on whether policymakers are leaning toward another interest rate hike before the end of the year. Beginning of third quarter earnings The third-quarter earnings season begins with reports from several major banks as Wall Street investors look for a catalyst to revive stocks in the face of rising bond yields. ⭕️This week’s data ⭕️Monday and Tuesday no data ⭕️Important data on Wednesday: American inflation for consumers and producers Technical abstract : The index of Dollar witnessed negative performance in trading before the closing of the last sessions of the week, on the 4H time frame The price trade in the bullish channel for a long time and now trade at the bottom of channel and above the support zone 105.22 - 105.61,so we have to wait until get out of the channel and breach the support zone then we will sell . therefore the downward trend scenario will be remain valid and effective when the price breach that level we mentioned above and will try to reach 104.01 as a next negative target ,taking into account that as long as price trade above 105.61 the price will try to be continue at the bullish trend . On the weekly time frame As we see the price closed weekly bearish candle and that is first bearish candle since 3 month , the price pullback from that zone strongly so we expect the bearish tendency will be on control during the next week . support line : 105.61 , 105.22 resistance line : 106.55 , 107.51 Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
CAPITALCOM:DXY
by Arazmajeed
6
DXY will Fall by Head and Shoulders Pattern⏰(1-Hour)⏰✅The DXY Index has managed to form a Head and Shoulders Pattern in the 🔴Resistance zone🔴. 🔨DXY broke the 🟢 Support zone 🟢 and Neckline hours ago. 🔔I expect DXY to start falling again to 🟡 Price Reversal Zone(PRZ) 🟡and Uptrend line after completing the pullback to Neckline . U.S.Dollar Currency Index ( DXYUSD ) Analyze, 1-hour time frame⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy; this is just my Idea, and I will be glad to see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
TVC:DXYShort
by pejman_zwin
36
DXY index bottom and BTC topINDEX:DXY Possible Targets and explanation idea ➡️weekly (even yearly) FIB top for DXY now we are in a downtrend ➡️last move on DXY will be around 107-109 than down till 2025-2026 ➡️Bottom for DXY will be around 92 ➡️The same time historically its will be the new high (not for sure ATH) for BTC ➡️After that we will start new bear market in crypto Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch! ✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes. --- • Look at my ideas about interesting altcoins in the related section down below ↓ • For more ideas please hit "Like" and "Follow"!
INDEX:DXYShort
by Crypto4light
DXY - Elliott Wave CountDXY - Elliott Wave Count DXY - On the Daily charts, DXY displays a clear ABC Wave formation, indicating that the market is likely to undergo a significant correction with Wave C toward the 100 to 95 range. this down move will boost metals & indexes upwards. It is advisable to exercise caution when considering long positions in dxy. However, if the market breaks above 108, this view would be deemed invalid. Please note that this information is for educational purposes only, and it is crucial to trade with caution. TVC:DXY CAPITALCOM:DXY INDEX:DXY
TVC:DXYShort
by Treda_pro
DXY MY VIEW 60 MIN TIME FRAMEThe Structure looks good to us, waiting for this instrument to correct and then give us these opportunities as shown on this instrument (Price Chart). Note: Its my view only and its for educational purpose only. Only who has got knowledge about this strategy, will understand what to be done on this setup. its purely based on my technical analysis only (strategies). we don't focus on the short term moves, we look for only for Bullish or Bearish Impulsive moves on the setups after a good price action is formed as per the strategy. we never get into corrective moves. because it will test our patience and also it will be a bullish or a bearish trap. and try trade the big moves. we do not get into bullish or bearish traps. We anticipate and get into only big bullish or bearish moves (Impulsive Moves). Just ride the Bullish or Bearish Impulsive Move. Learn & Know the Complete Market Cycle. Buy Low and Sell High Concept. Buy at Cheaper Price and Sell at Expensive Price. Keep it simple, keep it Unique. please keep your comments useful & respectful. Thanks for your support.... Tradelikemee Academy
TVC:DXYShort
by Tradelikemee
DOLLAR INDEX DXY The dollar index extended gains to above 107, its most substantial level since November, and tracking Treasury yields higher, as hawkish comments from Fed officials continue to strengthen the expectation that interest rates will remain elevated for an extended period. Meanwhile, economic data continues to signal a resilient economy, with the ISM Manufacturing PMI indicating the most minor contraction in factory activity in nearly a year for September. Several labor market indicators, including the upcoming payroll report and further comments from Fed officials, will be closely watched in the coming days. The dollar strengthened against all major currencies, with the most pronounced buying activity against the Aussie, after the Reserve Bank of Australia held interest rates steady. The greenback also appreciated against the Japanese yen and the British pound. The United States Dollar Index or DXY measures the performance of the dollar against a basket of other currencies including EUR, JPY, GBP, CAD, CHF, and SEK. The EUR is, by far, the largest component of the index, making up 57.6% of the basket followed by JPY (13.6%), GBP (11.9%), CAD (9.1%), SEK (4.2%), and CHF (3.6%). If you like it, hit the like button and share your charts in the comments section. Thank you.
CAPITALCOM:DXY
by CryptoSanders9563
DXY| Q4 FORECAST 01-OCT-2023Dollar Index is approaching 108.00 inflection point where I think it would fill before we sell of all the way to the lows at 100.00 price level which is the completion of the expanding bearish pattern. But there is many scenarios we should expect before the market finds the bearish tune itself, first could be a bearish pullback to 104.00 area to test prev structure and then comeback to fill the gap at 108.00 or we now fill it and sell off as I draw. Keep in mind that the market can reverse right now as we have taken out the liquidity area at 106.00 key levels. Let me know what you think in comment section, Like and Share. Much appreciated.
TVC:DXYShort
by Trader_Rasin