Get started

Dxysignals

DXY seeking the 1D MA100 for SupportThis is an update to the core analysis I did on the U.S. Dollar Index (DXY) two weeks ago: The price remains neutral within the wider consolidation of the green Rectangle after the peak on the 2.618 Fibonacci extension. As mentioned previously, the previous such consolidation broke downwards in order to confirm the 1D MA100 (green trend-line) yet again as a Support, which is holding since June 16 2021. As long as this holds, expect the extension of the long-term uptrend on a new slow rise to the next 2.618 Fib extension (we will measure the exact value after/ if it makes the 1D MA100 bottom. A 1D candle closing below the 1D MA100 however, would risk lower level, more particularly the 1D MA200 (orange trend-line). Note how the 1D RSI posts a cyclical behavioral pattern. -------------------------------------------------------------------------------------------------------- ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** --------------------------------------------------------------------------------------------------------
TVC:DXY
by TradingShot
DXY LONGS 📉📉📉📉 Expecting bullish price action on DXY as we have a lot of liquidity that has been build above the trendline. We are in a bullish market strucutre from a higher timeframe perspective H4/D1 + fundamental context is strongly bullish on DXY because we will have rate hikes this year. Price found a support area somewhere around 98.400 and from there we should go for 100$ if we have enough volatility for this week. What do you think ? Comment below..
TVC:DXYLong
by AnonimFXRO
DXY Trading plan within and around the TriangleThe U.S. Dollar Index just got rejected on the current 4H candle on the Lower Highs trend-line that started on the March 07 High. As long as this holds, the price should drop towards the 97.730 Support, which has already held twice, thus creating a Triangle pattern. A break below the 4H MA200 (orange trend-line) justifies further selling towards the Lower Higher Lows trend-line (dashed), while a break above the Triangle's Lower Highs, is a break-out buy signal with a target the 2.0 Fibonacci extension (100.200). -------------------------------------------------------------------------------------------------------- ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** --------------------------------------------------------------------------------------------------------
TVC:DXY
by TradingShot
2
DXY topped, is consolidating and targeting the 1D MA100The U.S. Dollar Index (DXY) has been trading sideways since the March 07 High. This is no unfamiliar territory for the USD as it has last consolidated from November 24 to December 28 2021. The sequence that preceded that consolidation (green) both in price action and 1D RSI terms, is similar to the one that precedes the current consolidation. The former consolidation ended with a break downwards that dropped to a January 14 2022 low exactly on the 1D MA100 (green trend-line). The 1D MA100 has been unbroken since June 16 2021, forming arguably the strongest long-term Support level. At the moment the 1D MA100 is at 96.112 and rising. Depending on how long this consolidation will last, a contact can be made around 97.000. -------------------------------------------------------------------------------------------------------- Please like, subscribe and share your ideas and charts with the community! --------------------------------------------------------------------------------------------------------
TVC:DXY
by TradingShot
2
DXY HAS CREATED ITS GRAVE!DXY has been SKYROCKETING to the upside recently and im here to show you guys why thats a bad thing for DXY! In this chart, you can see that DXY has been in this downtrend channel since 2015. I know it looks like its breaking out of it but thats not the case since it also seemed like that in 2017 and 2020. Actually, this time its even quite possible to break the downtrend channel to the DOWNSIDE! DXY has created a BEARISH DIVERGANCE ON THE MONTHLY!! As you see the, the rsi is going above 2020 while DXY was higher in 2020 than now. That is called a bearish divergance. 2 scenarios can play out at this point: either DXY gets rejected by the downtrend channel or it goes up to 103 resistance like it did 2017 and 2020 and crash then. Crypto and stocks bullseason is on the verge!! If DXY breaks the downtrend channel to the downside, it will be a very huge bullmarket!
TVC:DXYShort
by blz_legend
DXY- On its way to 102? (weekly outlook)Since 2008 low from 72, DXY has traded upwards, and after 2015 break of 90 resistance, this zone has become a strong support, with the price reversing from here in 2018 and twice in 2021. Recently the price also has broken above 95 interim resistance and seems determined to challenge 102 resistance. Looking at the "power" of USD this 4% rise is very probable to happen by summer and swing traders can look to sell USD pairs like EurUsd, GbpUsd, NzdUsd, and AudUsd. P.S: This is a clear example of Gold positively correlated with USD. So, don't trade the correlation (or what you think it is), trade the asset!
TVC:DXYLong
by Mihai_Iacob
4
DXY inside a Channel Up. Action plan depending on break-outs.The U.S. Dollar Index (DXY) has been on Higher Highs and Higher Lows for the whole part of the year so far. Today the price hit and has so far been rejected on the Higher Highs trend-line again. As long as the price closes below on the 1D time-frame, it is more likely to see a pull-back towards the Internal Higher Lows (dashed line) and the 1D MA50 (blue trend-line). In my opinion the key is the 1D MA100 (green trend-line). This is a Support level which DXY hasn't closed a 1D candle below since June 16 2021. This appears to be the pivot between bullish and bearish long-term. A break below that level should quickly test the 1D MA200 (orange trend-line). However if the price breaks above the Higher Highs trend-line, which under the current unstable geopolitical climate is very probable, expect a rally near the 2.0 Fibonacci extension, which is around 100.00. Notice how the 1D RSI has been on Lower Highs while the price was on Higher Highs, indicating here a Bearish Divergence. -------------------------------------------------------------------------------------------------------- ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** --------------------------------------------------------------------------------------------------------
TVC:DXY
by TradingShot
5
DXYas I said on last weeks .. DXY still keeps the premises of forming a pattern that it has been following since May 2020! ... I said in my last analysis DXY reached the 94500 area from where it strongly rejected! in this area I will wait to see a trend for at least 1 day before entering the trade ... so, - in case of a closure even for 1 day above level 95150 I will look for BUY towards 96400-97.900, otherwise I will look for SELL towards Fibonacci 618 from where UP again towards 97900-98300 THIS WEEK... as I analyzed ... DXY rejected from the 94500 area and closed over 95150 from where it climbed to the target proposed by me ... 96400! I will continue to look for this target and from there I will redo the entire technical analysis! However, I recommend that you wait for the evolution of the news about the conflict in Ukraine before making a big move on the DXY NOTE: Please, give a LIKE if you find this idea useful! GREAT ATTENTION: *This information is not a Financial Advice.
TVC:DXY
by BloomFX_SIGNALS
2
DXY between the 1D MA50 and 1D MA100The U.S. Dollar Index (DXY) is at the moment on a short-term rebound, following the higher than expected U.S. CPI, which is a indicator of inflation, critical to the Fed's Rate policy. Technically the price is pressured by the 1D MA50 (blue trend-line) as a short-term Resistance and at the same time supported by the 1D MA100 (green trend-line). Short-term traders should trade the break-out that prevails and closes the day: i.e. above the 1D MA50 = bullish targeting the 97.450 Resistance, below the 1D MA100 = bearish targeting the 1D MA200 (orange trend-line). On the more medium-term, we can see two Channel patterns. The dominant one, the green Channel Up, which is leading the price since late September but if the 1D MA100 breaks, a Channel Down may emerge. That will have the 1D MA200 on its Lower Lows trend-line close to the end of the month. The strongest case for the Channel Down prevailing is made by the 1W MACD which has formed already two Bearish Crosses. -------------------------------------------------------------------------------------------------------- Please like, subscribe and share your ideas and charts with the community! --------------------------------------------------------------------------------------------------------
TVC:DXY
by TradingShot
2
DXY- Is this a double top?After reversing from the very strong confluence support at 94.50, DXY made a new high above 97. However, what should have led to continuation proved to be a false break and we have an Evening Start candle formation which marks strong resistance. Yesterday the index also has broken down under the ascending trend liner and now is facing support on what can very well be the neck-line of a double top. A break under this support would give us confirmation for the pattern and could lead to further losses towards 92 support.
CAPITALCOM:DXYShort
by Mihai_Iacob
7