DXY ( USD Index ) Weekly Outlook.... BEARISHMay profits be upon you.
DXY is now consolidating in between a bullish FVG and an bearish FVG.
But it has been bearish, with downward momentum.
I suspect it will continue this way, as price has found INTERNAL LQ in the bearish FVG, and is now seeking the EXTERNAL LQ at the lows.
I believe the low at 100.320 is the DOL (Draw On Liquidity).
Leave a comment, as I like to receive feedback from viewers!
Thank you.
May profits be upon you.
Usdindex
DXY 102.367 +0.02 AHEAD OF CPI THIS AFTERNOON 🐻🐻🐻HELLO TRADERS
Hope everyone is doing great a look at the calm before some Volatility in the form of some 🛑 folders from today
DXY 1H CHART
* The DXY has been range bound since the beginning of the week ahead of CPI & GDP among other releases.
* Typical price action ahead of Big news realeases.
* The US CPI might just provide that needed catalyst for some big moves as the year continues
* The DXY has been trading / ranging around 61.8% fib but other wise very neutral as we see on the 1H since Monday.
* The same can be said with the
EUR/USD 1H
AS WELL AS
GBP/USD 1H
AND THE
AUD/USD 1H
SEE ATTACHED IDEAS ON THE ABOVE PAIRS.
As the sentiment stays the same.
*** TRADING HIGH IMPACT NEWS IS HIGHLY RISK AS THE VOLITILITY IS CRAZY THIS IS NOT ADVISE TO EXCECUTE DURING THIS HIGH IMPACT NEWS***
HOPE YOU ENJOYED THIS OUT LOOK, SHARE YOURS BELOW🛑
lets see how it goes.
IF THIS IDEA ASSISTS IN ANY OR IF YOU LIKE THIS ONE
SMASH THAT LIKE BUTTON & LEAVE A COMMENT.
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LOVELY TRADING WEEK TO YOU!
Start C wave of 2nd wave of GoldHi guys,
After the break ascending H1 channel today (close below 2056) on #XAUUSD, we could with a better confidence say C wave was started. But we have this week 1st #Nonfarm news and based on astrogical cycles, we predict that gold could rise from 5th January (Friday) until 10-11 January.
So if the news will bad for dollar that time we would buy it until next week.
Buying level is 2005-2015 and target is 2035-2045.
Comment your opinion below,
Be successful
[Updates] USD upcoming movesHello fellow traders , my regular and new friends!
Welcome and thanks for dropping by my post.
On a yearly basis USD has been in a wide range as you can see highlighted in daily chart. Right now either this is a correction to head down to 101, OR push back up to 106.
Slightly bias for it to head down though
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DXY BUY ON DIPS !!!HELLO TRADERS!!!
As we can see DXY has reached @ strong support zone and we are looking for retrace for testing last broken resistance area so i am expecting this support will create a short term buying opportunity so we will see these following TPs will hit our targets its just an a trade idea kindly share ur views and analysis it will help alote of new traders we appreciate your love and support
stay tuned for more updates
USD Should be seeing further downside.Hello fellow traders , my regular and new friends!
Welcome and thanks for dropping by my post.
The USD as we can see breached the recent Support and pullback on thurs.
Technically still on a downside rejecting the down channel. Unless it broke up, if not more downside for USD in coming days.
Do Like and Boost if you have learnt something and enjoyed the content, thank you!
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The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes.
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DXY AnalysisBased on Simple Technical Analysis ( Trendline + Support & Resistance )
Risk Disclaimer:
Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are for educational purposes only. Any action you take on the information in these analysis is strictly at your own risk. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Good luck :-)
Super Bullish USD - Long TermI Believe will we see a new era of economic Collapse in up coming Years. I don't know what will happen geopolitically, But you can see it has already started and happening all around the world.
The Chart tells me USD Willing to go see the last 2 decades High. if you check COT Data, The commercials already accepted that this is a solid Low for USD Index.
it's a Long-term forecast of USD index, and I know it may be nonsense. But if I want to make a decision just with Charts, I would Stay Liquid on USD for a while, I Forecast a Big crash in US Stock Markets and Indices. I Can See USD Index at 127!
Probable WW3 ? Chaos is Coming , Stay Sharp!
Disclaimer : This is just an analysis and not Financial Information. Do not Take action on this Information and Do Your Own Research.
Sincerely,
Sobhan JTN
TVC:DXY
USD Index: Breakdown before the FOMCToday's focus: USD Index
Pattern – Nill
Support – 105.00 - 104.45
Resistance – 105.10 - 105.55
Thanks for checking out today's update. Today, we have run over the USD Index, breaking down the overall price picture, levels, and patterns and incorporating moving average and RSI into the analysis.
The USD index sits in an interesting spot with the FOMC to come. Price still sits in its uptrend, and we saw a nice fightback yesterday from buyers after sellers were once again rejected below 105. price also looks to be losing some upward momentum, and the RSI is also warning us of this, with divergence forming on the RSI.
A lot could come down to the FOMC. If we see a hawkish tone, could we see a new move by buyers to test the 105.55 resistance? On the other hand, if it is more to the doveish side, the momentum warnings could come true, and we may see a new test lower by sellers.
Sorry that today's update is a touch this way or that way, but it looks like the market is waiting for some direction in the short term.
The fund's rate, projections and statement are due at 4:00 a.m. AEST Thursday morning.
Have a great day and good trading.
DXY Analysis 14Sep2023Dxy Bullish is unstoppable. With last week's analysis, we estimate that the price will approach the QM area. Here we can observe first, even though the price will be in the QM area not necessarily a reversal immediately. There is a possibility that the price will be consolidated for some time.
DXY Analysis 9Sep2023Seeing Dxy's unstoppable movement, the possibility to continue bullish next week is still quite large. Where last week was still formed New High even though in its movement the price was seen that there was fatigue marked by a fairly small candle every time bullish. There is a possibility that the price will try to bullish to the QM area.
DX1! - Dollar Index at equilibriumSo, here we have the USD Index at the Centerline at a balanced level.
What if the US$ starts go north?
I would say, markets, which are btw. also totally overbought, are tanking.
This scenario is on point with the CPI today.
Obvious or a fluke?
As always, anything can happen, even a new spike in the Indexes.
Time to Buy USD
The image above is my earlier anaylsis on DXY.
I was waiting for Price to tap into the demand/support zone which it has done and gotten a rejection, so I am expecting price to push towards 104.45.
RIsk Management is advised and put your SL below the demand/support zone
I would love to hear your thoughts 🤔 on this, so feel free to leave a comment ✍.
Please like 👍❤ this idea 💡 if you agree, and follow me for more updates ❕❕❕
DXY is eyeing 105.50In my 24th of August DXY analysis, I explained why I'm bullish USD Index and suggested buy dips around 103 support.
It worked like a charm and after a short dive to support, bulls returned with vengeance and drove the price back up to resistance.
At this moment I expect also a break above this resistance in which instance traders could expect continuation towards the next one at 104.50.
I'm looking to sell rallies for EurUsd, AudUsd, GbpUsd, and NzdUsd.
My 24th August analysis:
Usd ding dong within large band,bias should be upDirection hasnt been that clear for USD, i could breakup from the recent high or continue this wide band range. Act accordingly as things pans out. But i do have slight bias for long..
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The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes.
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DXY pullback to 103.4USD Index has shown a sell signal on the daily, it has shown a shift in market structure to the bearish on 1hr, and also performed a Break of Structure.
Currently, Price has shown a sharp rejection with a strong bullish candle which makes be believe Price is heading for the supply/resistance zone at 103.44 before the downtrend resumes.
I would advise looking out for buying opportunities up to 103.4 where I believe a rejection would kick in and Price would resume downtrend.
I would love to hear your thoughts 🤔, so feel free to leave a comment ✍. Please like 👍❤ this idea 💡 if you agree, and follow me for more updates ❕❕❕
DXY - Be Prepared ❗️Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
DXY has been overall bearish trading inside the falling channel in red, however it is currently approaching around the upper trendline.
Moreover, the zone 103.5 is a strong supply.
🏹 So the highlighted red circle is a strong area to look for sell setups as it is the intersection of the blue supply and upper red trendline.
As per my trading style:
As DXY approaches the red circle zone, I will be looking for bearish reversal setups (like a double top pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
USD Index road map with US CPI to come.Today's focus: USD Index
Pattern – Ascending Triangle
Support – 95.68
Resistance – 96.32
Today, we look at the USD index as price continues to trade rangebound after fighting back from a two-day decline. Could today’s CPI data break the deadlock and give the market some direction?
Traders will be watching to see what today’s data could do for rate rise expectations. Could a move above expectations lift price above resistance and get the current trend back on track? Or could a miss to the downside confirm an LH and break the trend, setting off fresh selling? If we see the data come in flat, this could maintain the current price range that we are seeing at the moment.
Keep an eye on today’s data when it’s released at 8:30 am EST, as it could produce some volatility if the figure comes out outside of market expectations.
Have a great day and good trading.
USD Index IdeaBased on Simple Technical Analysis ( Trendline + Support & Resistance )
Risk Disclaimer:
Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are for educational purposes only. Any action you take on the information in these analysis is strictly at your own risk. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Good luck :-)
USD Index IdeaBased on Simple Technical Analysis ( Trendline + Support & Resistance )
Risk Disclaimer:
Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are for educational purposes only. Any action you take on the information in these analysis is strictly at your own risk. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Good luck :-)