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Usdollaranalysis

DXY create Head & Shoulder Pattern.So, SELL NOW.... DXY chart short term create heat and shoulder pattern. So market down to 93.920 & 93.600 zone. If the market break out 94.500 resistance level then this case is invalid. AronnoFX will not accept any liability for loss or damage as a result of reliance on the information contained within this channel including data, quotes, charts and buy/sell signals If you like this idea, do not forget to support with a like and follow. Traders, if you like this idea or have your own opinion about it, write in the comments. I will be glad.
TVC:DXYShort
by AronnoFx
US-DOLLAR possible RALLY!Hey tradomaniacs, So... the market was waiting for Powell and got the so called "Nothing Burger". Powells Key-Notes: 1️⃣ Clear progress towards foll employment. 2️⃣ Could be appropriate to begin with tapering this year. „My view is that the „substantial further progress“ test has been met for inflation. There has also been clear progress toward maximum employment. At the FOMC’s recent July meeting, I was of the view, as were most participants, that if the economy evolved broadly as anticipated, it could be appropriate to start reducing the pace of asset purchases this year.“ 3️⃣ Dovish: The timing and pace of the coming reduction in asset purchases will not be intended to carry a direct signal regarding the timing of interest rate liftoff. 4️⃣ Inflation has reached 2 percent and is on track to moderately exceed 2 percent for some time. So what did we get here? Well the market with a drastic sell-off of the US-Dollar and indicies rallied due to the hope that liquidity will still be provided, probably because the market has expected to see tapering until Q1 of 2022 and has priced that in. However, for me personally all this is not really a dovish, more like a mixed statement that has dissapointed US-Bulls as things are not progressing as fast as expected. If data from the U.S. are good this week we could see more US-DOLLAR bulls taking action to push price up. I will keep it slow this today as we get to see the Non-Farm-Payrolls, which will probably have a very strong impact in the market as market-players will evaluate the probabillity of more hawkish statements in the future. We have often see strong moves after these vacuous statements which then got reversed quickly within a few days, which is why I want to observe price-action first also because the dovish news have pushed many pairs into resistance-zones and so good spots to follow the current trends. Example: AUD/USD 👉https://www.tradingview.com/x/FqcCdCbO/ LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow me
TVC:DXY
by Trading2ez
2
USDOLLARIt appears the usd has some room to run still until it reaches a higher time frame resistance area. I expect a volatile week because of significant event risk. inflation and J Powell is on the docket. In my opinion. To start the week, I expect the dollar to continue to fall towards near term support. The usd is vulnerable under 11850.00,in my opinion, and may retest the main support lower down on a break down of said price level. In the event inflation comes in hotter than expected we may see a run up to test the " key price area" i have outlined. Then it all depends on Powell"s statement for the determination for a possible break out of the range or drop back down under 11850. Never the less, the upside seems limited, as there is, what appears to be strong resistance higher up.
DJ:USDOLLARLong
by Entrenched
2
USDCAD COUNTER TREND TRADE LONGUSDCAD has for the long term been on a bearish decline, however price has struggled more recently to break below an area of support, rejecting this area on two prior occasions. Based on the close of Fridays candle we can see that price seems to be rejecting this area for the third time. Having broke back above an intraday level of resistance on the 1 hour, I would now like price to retest this area and continue upwards to my area of major resistance, although there are some obstacles in the way for price to get through.
Long
by Too_Ray1
US DOLLAR - The Ending Diagonal Count - Wave iv In ProgressHere I apply the same ending diagonal count as the EURUSD, this market has slightly different waves but still the same thing. The main difference here is the distance left until it reaches the lower channel. No it becomes even more obvious that the US Dollar is very close to completing the Wave 2 correction since 2009. The reason for the channel is because I am expecting Wave E to be similar in length as Wave C. If it's not screamingly obvious what is happening here then you probably need to check out the related ideas below which are all related to the US Dollar so you can begin joining the dots. Please LIKE and FOLLOW to get notification of updates and future posts.
TVC:DXY
by AriasWave
DXY: do or die moment for US dollar? US dollar - Multi-year bear market or another dead cat bounce? DXY is testing the lows of a 9-year channel once again since Feb 2018. Considering FED QE Program, overall economical settlement, trade war with the world's new emerging power (China) and political situation in the US, dollar might be on a verge of a free fall and multi-year bear market. Personal thoughts: I do not expect it to give up that easy, and not that fast. RSI on 1D looks way oversold (but I do not use it as a primary indicator). Looks like we will get a bounce from here, but the question is for how long? If we'll loose channel bottom and make a clean close below it on 1W Chart - XAU, XAG and BTC might actually become a "safe haven" (Not financial advise) Do not hesitate to share your opinion in the comment section!
INDEX:DXY
by Integrita
1
DXY - SELL Update Trade update for a short sell recommendation on the DXY (U.S Dollar Index) The Dollar is structurally weaker across the markets based on the following fundamentals. 1.) Lower interest rates in the U.S no longer makes the U.S Dollar an attractive high yielding currency. 2.) Negative $1trillion current account balance. 3.) $2 Trillion Fiscal stimulus package in 2021 will put further downside weakness on the U.S dollar. We have a downside target of $88.00
TVC:DXYShort
by KayansMarkets
1