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J-DXY

DXY Shorts from the daily supply at 104.200 back down.The dollar has broken significant structure to the downside, leaving a clean, unmitigated daily supply zone with an imbalance that adds validity to this point of interest. Once price reaches this level, I'll likely refine the zone and wait for a CHOCH on the lower timeframe. If price moves down first, I’ll watch for it to enter the newly created 3-hour demand zone, which swept previous higher-timeframe structure. This could propel the dollar up to the supply zone. Confluences for DXY Shorts: Strong bearish momentum on the higher timeframe, breaking previous structure. Significant liquidity to the downside. A solid daily supply zone caused this move, with an imbalance below. This pro-trend trade aligns with my other pairs. P.S. I expect Monday to start slow, with consolidation before either zone is mitigated. We'll make our move from there.
TVC:DXYShort
by Hassan_fx
DXY IdeaRegarding my BTC/USD and EUR/USD trades, we’re keeping a close eye on the Dollar Index (DXY). The recent price action has been confusing, but we are currently rejecting last Friday’s heavy selling area. This keeps us within a bearish range, and we’re anticipating a potential market shift to the downside. If this bearish scenario unfolds, we plan to let our EUR/USD trades run over the weekend. Let’s keep observing how this plays out. Stay focused, and let's see where the market takes us.
CAPITALCOM:DXYShort
by themarketknight
DXY Is Very Bullish! Long! Take a look at our analysis for DXY. Time Frame: 2h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is trading around a solid horizontal structure 103.137. The above observations make me that the market will inevitably achieve 103.549 level. P.S Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all. Like and subscribe and comment my ideas if you enjoy them!
TVC:DXYLong
by SignalProvider
1
GOLD → What is the problem with a SYMMETRICAL TRIANGLE ► ?FX:XAUUSD is still trading inside the flat 2420 - 2370 forming a symmetrical triangle. Traders continue to struggle for the area of 2400. News ahead... I understand that you don't like it when there is no clear direction on the chart, but there are nuances here and in some cases you need to have both bullish and bearish scenarios. Let's break it down... On D1 there is a rather encouraging situation indicating how the bulls continue to hold the support of the global trend. The issue of aggressive easing of the US Fed policy is still relevant. Likewise, speculators are closely watching developments around Iran's attack on Israel. If it happens, it is likely to give additional impetus to the growth of gold prices. Meanwhile, Initial Jobless Claims of the USA may provide short-term potential for the markets. Technically, gold is forming a symmetrical triangle on H1. The bearish pressure is still present in the market. Gold is not technical now, but depends on fundamental nuances. Resistance levels: 2400 Support levels: 2380 The problem with a symmetrical triangle is that no one knows where the price will go until the actual exit. Globally we have a bull market, locally there is pressure from the bears. There is a high probability of a breakout of the symmetrical triangle support and a decline to 2364-2351, but if the economic factor has a bullish effect on the market, gold may continue to test 2400 with the goal of a breakout and a rise to 2420. Rate, share your opinion and questions, let's discuss what's going on with ★GOLD ;) Regards R. Linda!
FX:XAUUSDLong
by RLinda
6
US dollar market trendYesterday, the deputy governor of the Bank of Japan said that "the market is unstable and there will be no interest rate hikes". This is a relatively "dovish" statement. In addition, the upcoming September interest rate cut conveys a good opportunity to enter the market. That is, the US dollar will still fall. Although the market is narrow today, the US dollar continued to rise at the end of the trading day, but it should not last long. Personal analysis: looking for high points and shorting
TVC:DXYShort
by David_strategy
GOLD SHORT TO $1,964 (12H UPDATE):Pinpoint, 100% accuracy with our Gold analysis!😍 Price action has been following my arrow just as I indicated, pushed up 1,000+ PIPS from the bottom & now rejected off our supply zone as I said would happen. Down 240 PIPS in profit, after rejecting our supply zone. If you missed this move despite me updating you all live every few days, because you were scared of taking the trade & losing money, the financial markets probably aren't the place for you to be🤷
PEPPERSTONE:XAUUSDShort
by BA_Investments
6
Levels discussed on livestream 7th August7th August DXY: Expecting further upside (to retest 104), could bounce off bullish trendline, needs to stay above 102.90. Below that, 102 key support level NZDUSD: Sell 0.6030 SL 20 TP 55 AUDUSD: Look for reaction at trendline, if broken Sell 0.6520 SL 30 TP 80 GBPUSD: Sell 1.2665 SL 20 TP 40 (then watch for reaction at support level) EURUSD: Buy 1.0945 SL 20 TP 50 or (H&S pattern) Sell 1.0880 SL 20 TP 80 USDJPY: Buy 147.50 SL 70 TP 200 USDCHF: Buy 0.8620 SL 30 TP 60 USDCAD: Sell 1.3750 SL 30 TP 70 Gold: Consolidating, if 2385 broken, could trade down to 2365
TVC:DXY
by JinDao_Tai
DXY Is Bearish! Short! Here is our detailed technical review for DXY. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a key horizontal level 103.249. Considering the today's price action, probabilities will be high to see a movement to 101.633. P.S Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all. Like and subscribe and comment my ideas if you enjoy them!
TVC:DXYShort
by SignalProvider
1
Black Monday 2024? Discussing Current Markets and PositionsDuring Monday's open, I said this is going to be a day for the history books. Volatility expanded nearly 200% on the day (over 300% in a 3 day period), the Nikkei 225 crashed over 12% in a single day and had the largest 2 day decline ever. It leaked into the US markets with a nasty bearish futures run and massive gaps lower. Fortunately Monday's trading didn't make things much worse, but the damage was already done for many with that dramatic vol expansion. As the dust settles a bit more into Tuesday's trading, I wanted to review everything. Enjoy!!!
NASDAQ:NDX
by ChrisPulver
Sell GBP/USD Triangle BreakoutThe GBP/USD pair on the M30 timeframe presents a Potential Selling Opportunity due to a recent breakout from a Triangle Pattern. This suggests a shift in momentum towards the downside in the coming hours. Possible Short Trade: Entry: Consider Entering A Short Position Below the Broken Trendline Of The Triangle After Confirmation. Ideally, This Would Be Around 1.2760 Target Levels: 1st Support – 1.2680 2nd Support – 1.2637 Stop-Loss: To manage risk, place a stop-loss order above 1.2834. This helps limit potential losses if the price falls back unexpectedly. Your likes and comments are incredibly motivating and will encourage me to share more analysis with you. Best Regards, KABHI FOREX TRADING Thank you.
Short
by KABHI_FOREX_TRADING
53
Alikze »» XAUUSD| Reverse pattern🔍 Technical analysis: Reverse pattern - It was mentioned in the 1H time frame according to the analysis presented before . that wave C can extend as a three-wave or five-wave to the green box range target. - As you can see, wave C has corrected in three waves and accelerated to the green box. - Currently, there has been a return wave after creating demand in the green box. - Considering that it has had a three-wave correction up to the golden zone, it can be expected to have a movement cycle up to the 0.78 Fibo range. 💎 In addition, in case of failure of Fibo 0.78, it can advance to the specified supply area. »»»«««»»»«««»»»««« Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support. Best Regards,❤️ Alikze. »»»«««»»»«««»»»««« OANDA:XAUUSD
OANDA:XAUUSDLong
by alikze
DXY Will Go Lower From Resistance! Short! Please, check our technical outlook for DXY. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is trading around a solid horizontal structure 104.136. The above observations make me that the market will inevitably achieve 103.427 level. P.S We determine oversold/overbought condition with RSI indicator. When it drops below 30 - the market is considered to be oversold. When it bounces above 70 - the market is considered to be overbought. Like and subscribe and comment my ideas if you enjoy them!
TVC:DXYShort
by SignalProvider
1
GOLD → A retest of trend support. ISM PMI ahead...FX:XAUUSD is moving into the correction phase amid unstable fundamental environment. The price of the metal is declining towards the rather important zone of 2420, which has shown itself more than once. Fundamentally, the market is in fear because of possible recession, which may become a motivation for the Fed to take hasty actions and more aggressive easing of monetary policy Rumors are emerging about a possible emergency FED meeting in the near future. Not to forget gold as a hedge asset, which continues to feel supported in volatile times. Speculators are cautious and refrain from premature actions ahead of the ISM services PMI data and the tense situation in the Middle East. Support levels: 2419,6, 2403, 2382 Resistance levels: 2451, 2474 Technically, gold is at a strong support at 2419 and judging by the reaction of the price to the level, the buyers are acting quite aggressively, trying to hold the market. Against this background, the price may strengthen to the nearest resistance 2430, 2445, 2450, but if the price starts to return to 2419, forming a quick retest, it will increase the chances of a possible breakdown of the bullish channel and further decline to the zone of interest and liquidity. Rate, share your opinion and questions, let's discuss what's going on with ★GOLD ;) Regards R. Linda!
FX:XAUUSD
by RLinda
17
GBPUSD → Support retest amid falling dollarFX:GBPUSD is testing trend support for a breakout, but the situation is complicated by the difficult economic state of the Dollar... GBPUSD is going flat. Technically, GBPUSD could have a chic bullish outlook, provided buyers hold 1.27 support. Fundamentally, things are quite complicated, but more positive for the currency pair's growth: there is a high chance of recession in the US due to last week's unexpected data, indicating a very rapid slowdown in the economy. Rumors of the possibility of an emergency interest rate cut by the US Fed are forming. Also, in UK: Composite PMI +0.5%, Services PMI +0.4%). Technically: it is worth paying attention to the flat 1.28000 - 1.27000. If the bulls hold the lower boundary and bring prices back beyond 1.28 with further consolidation, we should expect a positive outcome and a northward course. Resistance levels: 1.2818, 1.2894 Support levels: 1.2707, 1.2615 Emphasis on this range, the flat boundaries play a key role for the medium-term perspective Rate, share your opinion and questions, let's discuss what's going on with ★GBPUSD ;) Regards R. Linda!
Long
by RLinda
7