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Dxysignal

Long $DXY Analysis Hello Sophisticated Trader, The $DXY has finally broken above the 97.00 resistance and the 100 MA on the 4hr, this is indicating a possible move up for the bull for another test of 98.00 and possible 99.00. This is extremely helpful when trading, as the dollar index has become the main market driver. In addition, the renewed coronavirus fear most likely have an impact and support the DXY over the coming week. Like, Comment, and Follow. Let's Make Money Together! Happy Trading! Dr. Lydia Smith Where we teach you what you need to know about trading.
TVC:DXYLong
by DrLydia
US DOLLAR CURRENCY INDEX (DXY) Monthly, Weekly, DailyDates in the future with the greatest probability for a price high or price low. The Djinn Predictive Indicators are simple mathematical equations. Once an equation is given to Siri the algorithm provides the future price swing date. Djinn Indicators work on all charts, for any asset category and in all time frames. Occasionally a Djinn Predictive Indicator will miss its prediction date by one candlestick. If multiple Djinn prediction dates are missed and are plowed through by same color Henikin Ashi candles the asset is being "reset". The "reset" is complete when Henikin Ashi candles are back in sync with Djinn price high or low prediction dates. One way the Djinn Indicator is used to enter and exit trades: For best results trade in the direction of the trend. The Linear Regression channel is used to determine trend direction. The Linear Regression is set at 2 -2 30. When a green Henikin Ashi candle intersects with the linear regression upper deviation line (green line) and both indicators intersect with a Djinn prediction date a sell is triggered. When a red Henikin Ashi candle intersects with the linear regression lower deviation line (red line) and both indicators intersect with a Djinn prediction date a buy is triggered. This trading strategy works on daily, weekly and Monthly Djinn Predictive charts. Trades made when the monthly, weekly and daily arrows are pointing in the same direction are the most profitable. This is not trading advice. Trade at your own risk.
INDEX:DXY
by Dinjin
Potential DXY Short 50 Pips Good Afternoon Traders, ForexFargo checking back in! Today our analysis is on the DXY index. The overall trend for this pair is seems to be Bullish, however with that being said, seems that the Dollar could run into some exhaustion this upcoming week. Right now, we can see price playing ping-pong between Monthly & Weekly- Support & Resistance Levels. Price is currently in Bullish Momentum approaching on Weekly Resistance Level of 96.700. If Weekly Resistance is broken, we could see a potential push toward our Monthly Resistance Level of 96.930. If price holds at our Weekly Resistance Level, then we can potentially expect price to decline throughout the week. Price would potentially decline toward our previous Weekly Support Level of 95.600. If Weekly Support is broken, we could see a potential push toward our Monthly Support Level of 95.050. Either way, I am waiting for the next 2 daily candles to form in order to get a good sense of where the market could potentially go. If price gives strong confirmation, then I will look to enter the trade as follows: Entry @ 96.600 Stop Loss @ 96.750 Take Profit @ 96.050 GOOD TRADING! If this price in DXY declines, expect a rise in Gold (XAUUSD).
INDEX:DXYShort
by BearishBull617