Welcome to our daily DXY prediction! We made our analysis today using SMC and ICT trading theories, which, combined with our trading experience all point to the downside. So we are locally bearish biased and the target for the short trade is 101.022 Wish you good luck in trading to you all!
5th September DXY: Currently at 101.25, needs to break 50% retracement level, to trade down to 100.90 (ADP Pending) NZDUSD: Sell 0.6165 SL 20 TP 60 (if DXY recovery) AUDUSD: Sell 0.6685 SL 20 TP 45 (if DXY recovery) GBPUSD: Sell 1.3080 SL 25 TP 100 EURUSD: Buy 1.1105 SL 20 TP 55 USDJPY: Sell 143.20 SL 40 TP 120 USDCHF: Sell 0.8450 SL 20 TP 40 USDCAD:...
DXY ~ NSE:DOLLAR ~ 1W #DXY Movement is always in the opposite direction of #Bitcoin. Looking at this Chart, #DXY Loss of Momentum and breakdown of this support line. Send Bitcoin price $100,000+ in 2025 Q1
🔍 DXY (U.S. Dollar Index) Analysis: 4-Hour Timeframe 📉 The DXY chart on a 4-hour timeframe highlights significant upcoming times where price movements may present trading opportunities. It’s essential to analyze these signals in conjunction with higher timeframes for a comprehensive market view. • BUY DATE - September 12, 2024, 04:00 - Green Line: This time...
The chart posted is the cash US $ based on the fib relationships we should see one last drop below 100.60 target and drop into a 98.14 to 99.60 focus on 98.88 . This should also see the PEAK in GOLD the SP 500 as Most markets around the world . The cycle of deflationary forces should VERY CLEAR come mid oct and be in force for the next 18.8 months to as...
4H Corrective approach towards entry zone. -27 Fibonacci completion aligning with entry zone. Ascending trend line holding up the price. = Buy limit. Bullish M pattern also there as extra evidence. 0.3% risk.
Will we see such move on #Dxy and price to drop down to 97.5? or we will see the drop to that area (97.5) straight away without prior move to the upside?
The DXY (US Dollar Index) is showing strong signs of entering a downward trend. The attached chart reinforces this view, highlighting the development of Wave 4, which is likely nearing completion. A continuation of the decline in Wave 5 is expected, in line with technical analysis and external factors. Wave Structure: The chart clearly shows the DXY in a...
Please, check our technical outlook for DXY. Time Frame: 4h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is on a crucial zone of demand 101.675. The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 102.148 level. P.S Please, note that an...
Welcome to our daily DXY prediction! We made our analysis today using SMC and ICT trading theories, which, combined with our trading experience all point to the upside. So we are locally bullish biased and the target for the long trade is 101.769 Wish you good luck in trading to you all!
4H Corrective approach towards entry zone. Market moving in Bull Flag formation. -68 Fibonacci completion aligning with entry zone. = Instant market execution Buy. Aiming to take full profit at Daily TP.
I'm looking for this scalp due to a few reasons, dxy has formed a gap which we will continue to fill in my opinion. Although this is only a short term short since we are witnessing a beginning of a structure shift
4th September DXY: Still in consolidation. Looking for downside, needs to break 101.50 (23.6%), could trade down to 101.15 NZDUSD: Sell 0.6165 SL 20 TP 60 AUDUSD: Buy 0.6750 SL 20 TP 70 GBPUSD: Buy 1.3160 SL 30 TP 60 EURUSD: Buy 1.1080 SL 25 TP 65 USDJPY: Sell 144.70 SL 40 TP 110 USDCHF: Sell 0.8450 SL 20 TP 40 USDCAD: Sell 1.3580 SL 30 TP 60 Gold:...
The US Dollar Index (DXY) is falling towards the pivot which has been identified as a pullback support and could reverse to the pullback resistance. Pivot: 101.52 1st Support: 101.04 1st Resistance: 102.14 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex...
Hey Traders, in today's trading session we are monitoring DXY for a buying opportunity around 101.500 zone, DXY was trading in a downtrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 101.500 support and resistance area. Trade safe, Joe.
FX:XAUUSD is breaking the structure of the ascending channel amid the counter-trend correction of the dollar (fundamental reasons). Price closes in the range of 2526 - 2477, what could this mean? On D1, the market is bullish both locally and globally. But, fundamentally and geopolitically the situation is slightly changing, which favorably affects the dollar...
DXY is currently testing previous local resistance as support around 101.25. Losing support could mean a test of 4HR 50MA or 100.5 area. Holding support and clearing 101.5 could mean an attempt at 101.85.
By analyzing the #Gold chart on the 4-hour timeframe, we see that the price has returned to the supply zone of $2524 to $2529, and I expect further correction from this area. Note that the primary scenario is bearish, and if the price breaks above $2532, this scenario will be invalidated. If the decline starts from this zone, the potential targets are $2518,...