Dollar Index Chart Analysis....
In this situation, DXY chart creates ab=cd Pattern. So,if a breakout market 101:000 support level is then market sell to the nearest 100.800 and 100.230 support levels. If breakout 101.700 resistance level is, then the market will go up 102 resistance level.
AronnoFX will not accept any liability for loss or damage as a result of
reliance on the information contained within this channel including
data, quotes, charts and buy/sell signals.
If you like this idea, do not forget to support with a like and follow.
Traders, if you like this idea or have your own opinion about it,
write in the comments. I will be glad.
Dxysignals
DXYDXY is ready to BUY. there is important price for it and i think 102.00 is very important. if tonight the price will close upper than 102.00, monthly and weekly candles shape show us good signal, in daily and 4H first top line will break, and all the reasons show us powerful signal to BUY. It can change all of markets.
DXY may have reversed!!Currency Pair : DXY
Possible direction : Bullish
Technical Analysis : Price just has opened with gap and slowly turning into a bullish market after forming a middle man in the previous session. From monthly price has just bounced from the monthly support zone.
Fundamental : Positive ADP Non-Farm Employment change data has given a strong boost on USD
Possible trade recommendation : Bearish as per chart sketch
Press like button if you enjoy.
Risk Disclaimer: Trading foreign exchange on margin carries a high level of risk, and is not suitable for all investors. Past performance is not indicative of future results. The high degree of leverage is dangerous and can work against you as well as for you. Before deciding to invest in foreign exchange or any market you should carefully consider your investment goals, level of experience, and risk tolerance. It is EXTREMELY LIKELY that you will sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. No representation is being made that any account will or is likely to achieve profits or losses. Past performance is not indicative of future results. Individual results vary and no representation is made that clients will or are likely to achieve profits or incur losses comparable to those that may be shown. You acknowledge and agree that no promise or guarantee of success or profitability has been made between you, and Forex Trading Wizard. Do your own research and talk to a professional financial planner in order to be aware of all the risks associated with foreign exchange trading and investing and seek advice from an independent financial advisor before risking any capital.
DXY Index Next Possible MovePair : DXY Index
Description :
Divergence
EXP Fiat as an Corrective Pattern in Long Time Frame
Completed " 1234 " Impulsive Wave
Break of Structure
Symmetrical Triangle
Completed " ABC " Correction in Short Time Frame
Bullish Channel as Correction in STF
Rejection from Upper Trendline or Fibonacci Level ( 78.60% - 100% )
DXY could be starting a bullish reversal.The U.S. Dollar Index (DXY) is rebounding aggressively today after holding the 100.815 Support (February 02 Low), on the strongest 4H candle so far in a month. It remains below both the 4H MA50 (blue trend-line) and 4H MA100 (green trend-line), trading inside both a core Channel Down (blue) and a Diverging Channel Down (dotted).
The very same pattern was seen prior to the February 02 Low. The Ichimoku Clouds are identical as well as the RSIs, which after Lower Lows formed a Double Bottom and rebounded. If the price breaks above the top of the Diverging Channel Down, then we will most likely see a rally extension to the 0.618 Fibonacci at 103.950. If rejected, we will resume selling and target 100.450.
-------------------------------------------------------------------------------
** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! **
-------------------------------------------------------------------------------
💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇
USDX(Dollar) Must Continue To Extend LowerTechnical Analysis:
- As you can see the above daily chart, USDX is still doing a ABC correction in blue
- We present two possible paths - Black and Blue ( With actual data each path has 50% probability )
- The decision of both paths (Black and Blue) will be taken when USDX will arrive to the orange circle area
- Short term structure is bearish
- H1 Right Side is down
- H4 Right Side is turning down
Technical Information:
- Don't buy USDX (Dollar) now in short term
- We like to buy when wave C in blue and wave 4 in black are completed
DXY 04 April Next MovePair : DXY Index
Description :
Rising Wedge as an Corrective Pattern in Long Time Frame as an Corrective Pattern with the Breakout of the Lower Trend Line
Selling Divergence
Completed " 1234 " Impulsive Wave
Break of Structure
Symmetrical Triangle in Short Time Frame and Breakout the LTL and Completed the Retracement
Impulse Correction
Rejection from Fibonacci Level - 38.20%
DXY Index Next Possible MovePair : DXY Index
Description :
Rising Wedge as an Corrective Pattern in Long Time Frame as an Correction with the Breakout of the Lower Trend Line and Retracement
Divergence
Break of Structure
Completed " 1234 " Impulsive Wave at Fibonacci level - 38.20%
Exp FIAT as an Correction in Short Time Frame and Rejection from the Lower Trend Line and Fibonacci Level - 78.60%
Impulse Correction Impulse
DXY Chart Analysis....
AronnoFX will not accept any liability for loss or damage as a result of
reliance on the information contained within this channel including
data, quotes, charts and buy/sell signals.
If you like this idea, do not forget to support with a like and follow.
Traders, if you like this idea or have your own opinion about it,
write in the comments. I will be glad.