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Dxysignals

DXY Huge H&S about to break downwards aggressivelyThe U.S. Dollar Index (DXY) has hit our first short-term target as presented on our most recent analysis: The major news however is that it failed to break above its 1W MA50 (blue trend-line) where in fact it got rejected last week. This validates the giant Head and Shoulders (H&S) idea we discussed in the past, which is now targeting the 1W MA200 (orange trend-line) and Support Zone 2 at 98.300. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
TVC:DXYShort
by TradingShot
6
Dollar Index Chart Analysis.... In this situation DXY Short time chart create Bearish BAT Pattern. So, market short term Buy UP to 104:930; and 105:100 resistance level. Then market need long sell correction to nearest Support 103.700 and 103.400 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.
TVC:DXYLong
by AronnoFx
DXY Excellent sell level, rejection confirmed.The U.S. Dollar Index got rejected on its January 06 High Resistance and even though it is on a short-term Channel Up, the Resistance rejection as well as mostly the September 29 Lower Highs trend-line, will soon start to weigh sell pressure on the price action. With the 1D RSI printing a Head and Shoulders formation similar to September - October 2022, we remain short, targeting 103.700 (1D MA50) on the short-term and if a candle closes below the 1D MA50 (blue trend-line), extend selling towards the Support Zone (Target 2 = 102.700). ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
TVC:DXYShort
by TradingShot
5
DXY Channel Up targets the January High. Sell if 4HMA100 breaks.The U.S. Dollar Index is headed towards critical crossroads as the 105.650 January 06 High is the most important Resistance with relation to the long-term trend. If broken the medium-term bullish trend transitions to the long-term. The February Channel Up is supported by the 4H MA100 (green trend-line). If broken, we will take a sell targeting the 4H MA200 at 103.700. If we close a 4H candle below it, we will re-sell and target just above the Support Zone at 102.700. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
TVC:DXYShort
by TradingShot
1
DXY Potential Double Top. Sell opportunity.The U.S. Dollar Index (DXY) came close o the 105.650 Resistance of the January 06 High and currently has been rejected. This was a level that failed to break above the 1D MA200 (orange trend-line), which is holding as Resistance since December and is also inside the Pivot Zone that formed three rejections and one rebound since May 13 2022. With the RSI almost breaching into the overbought zone (70.00) and getting rejected, it is very likely that the 105.650 Resistance will turn into a Double Top and reject the price lower. With the long-term pattern since the September top being so far a Channel Down, it is likely that the rejection will deliver Lower Lows for the Channel, initially to Support 2 (Target 99.500) and in extension Support 3 (Target 97.500), as it appears that the Higher Lows gaps of the uptrend are systematically targeted during this downtrend. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
TVC:DXYShort
by TradingShot
6