DXY Chart H1Here is my view for DXY on H1. The price should go up, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Dxysignals
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
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GREAT ATTENTION:
*This information is not a Financial Advice.
DXY Chart H1Here is my view for DXY on H1. The price should go up, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
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.
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DXY Chart H1Here is my view for DXY on H1. The price should go up, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
DXY Chart H1Here is my view for DXY on H1. The price should go up, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
DXY Chart W1Here is weekly Analysis for DXY on W1. The price should go up, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
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.
DXY Chart H1Here is my view for DXY on H1. The price could go down, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
DXY- Up we broke, 100 is in cardsIf you follow my ideas, you know that I'm bullish USD for quite some time, and the market didn't disappoint me so far.
Looking at DXY, we can see that after the drop from 2 weeks ago, USD has found strong bids exactly in the confluent support given by the trend line and the horizontal one, and a strong V shape recovery followed.
Now we also have an up break of the old resistance and consolidation and the index looks determined to reach 100 psychological figure.
The strategy for USD pairs should be to sell rallies for EurUsd, GbpUsd, AudUsd, and NzdUsd
DXY Pre rate hike pattern signals a top nearbyThe U.S. Dollar index is rising aggressively since yesterday's confirmation by Jerome Powell that on the March event the Fed will indeed start raising the interest rates again. In the most recent rate hike event on December 16 2015, the DXY also starting rising 7 weeks before the event itself. As you see the patterns are quite similar, as both started rising after the formation of a Triangle.
As a result, even though a final rally is possible, starting to build up sell positions would be the safer investment choice on the long-term.
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DXY Chart H1Here is my view for DXY on H1. The price should go up, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
USD INDEXHello traders. In the dollar index, I expect the price to drop to $ 94.5 in the first stage and $ 93.2 in the second stage after breaking the $ 95.4 level. Are you agree?
DXY
as I said on last weeks .. DXY still keeps the premises of forming a pattern that it has been following since May 2020!
... as I said in my last analysis ... I will look for SELL per DXY up to around 94,500 because as we show you towards the end of 2021 I noticed a pattern that has formed since June 2020!
THIS WEEK... as 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 95850 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
NOTE: Please, give a LIKE if you find this idea useful!
GREAT ATTENTION:
*This information is not a Financial Advice.
AUDUSD LongWe have strong reversals on both AU and DXY and we are bullish on most AUD pairs, stochastics are bullish, pair bounced right off on the 200EMA and the 4hr ascending channel is holding properly
DXY bouncing on the pivot and 1D MA100.DXY has formed a Channel Down since the December 15 Double Top, a projection made clearly on my previous Dollar Index analysis a month ago:
On Friday however, the price hit and bounced on the 94.600 Pivot which on October 12 2021 acted as a Resistance. This time seems to be a Support and this is further strengthened by the fact that it is exactly where the 1D MA100 (green trend-line) is, in fact the exact bounce was on the 1D MA100.
As a result, it is possible to see a rebound that will put the 1D MA50 (blue trend-line) up to test as a Resistance. Overall, with the 1W MACD forming a Bearish Cross, the bearish trend is favored long-term. In either case, a break below the Pivot, is am immediate bearish break-out signal with a target on the 0.5 Fib (93.245) and the 1D MA200 (orange trend-line).
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DXY- 95.50 is now resistanceAfter consolidating around 6 weeks in a 1.5 points range, last week DXY has fallen under support giving us a strong bearish signal.
This drop was stopped by the horizontal 94.50 support and how the index is searching for direction.
The incapacity to stay above 94.50 support will be very bad for USD confirming a false break and a lower high in place on the longer time view and also opening the door for losses towards 90 zone.
On the other hand, if bulls manage to drive the price back above 95.50 we will have the confirmation for a trend change for USD and we can expect continuation to 100.
A good strategy can be to trade the range for USD pairs till clarification.
DXY Hello traders,
starting this week I will start doing my weekly analyzes for the year 2022! I wish you a happy and fulfilling New Year
as I said on last weeks ..DXY still keeps the premises of forming a pattern that it has been following since May 2020!
Just like I told you, DXY is in a very difficult area and even if it can force you and reach the 97480 area ... I will look for SELL in the next period
THIS WEEK... as I said in my last analysis ... I will look for SELL per DXY up to around 94,500 because as we show you towards the end of 2021 I noticed a pattern that has formed since June 2020!
indeed, DXY went down to the mentioned area from where I will wait for a range and a descent to the Fibonacci 618 and then ... UP AGAIN!!
NOTE: Please, give a LIKE if you find this idea useful!
GREAT ATTENTION:
*This information is not a Financial Advice.
DXY Chart H1Here is my view for DXY on H1. The price should go down, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
USD- The REAL moment of truth!Since May's 2021 low, the Dollar Index was very bullish and the price has risen around 8%, but more importantly, has broken above 95 zone very important resistance.
After this important break, the price consolidated for one and a half months, but the price lacked continuation and, instead, has broken this consolidation to the downside.
At this moment we can't say out loud "reversal", but there are a lot of red flags coming with this development.
Technically the index is sitting on confluence support now and the trend remains up so far.
However, a clear break under this confluence support would be extremely bearish for USD with the confirmation of a false break and more importantly a lower high in place.
If this is the case, Dxy can drop and revisit the 90 zone if not even further
DXY Chart H1Here is my view for DXY Chart on H1. The price should go down, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
DXY Idea H1Here is my view for DXY on H1. The price should go up, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
