Bullish Dollar index.Dollar index for buys, after breakout and retest of higher timeframe trendline and resistance turned support zone.
USXUSD trade ideas
US $ DXY & BRICKS 2025 Q1HELLO TRADERS
As I can see DXY tested a resistance zone and a down trend line on 3rd test technically high chances to drop DXY incoming days fib retracement is also another indication technically on daily charts next rate cuts coming soon US Elections a week ahead world geopolitical wars remember wars not a single war only escalating day by day Putin War in Ukraine and north Korea officially Involvement & Bricks with US 35 Trillion Debt all these things are behind the charts too noting hidden DE-DOLLARIZEING so it's a great opportunity to join the rally and bull Rally to Crypto markets ^ energy with commodities more new ATH Coming banks and Institutions are accumulating shiny metal. Technically + fundamentally with a low risk and looking for bigger rewards its a great trade idea in my view what's Ur friends we love your support don't forget to boost if you really love our given analysis its always be appreciate Ur comments and share which gave us more energy to bring u incoming great markets updates technically and fundamentally
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DXY Approaching a critical zone. After breaking down from its 2023 trendline, the DXY has rallied back to a convergence point at 104. This level is now a major pivot; if we start to see weakness and a breakdown through this zone into November, it could provide a much-needed tailwind for risk assets. My target on the downside is around 95-97, a level that could align with the top of the current crypto bull run.
Keeping an eye on this level is essential, especially as we move toward the anticipated Q1-Q2 cycle top in crypto. Watching for any signs of reversal or further strength here to guide broader market positioning.
DeGRAM | DXY growth in the channelDXY is moving in a descending channel between trend lines.
Having reached the lower boundary of the channel, the chart has formed a reversal harmonic pattern.
The price has reached the 62% retracement level.
We expect the growth to continue after retesting and consolidating above the current resistance.
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DXY weekly direction for this weekLooking at the weekly in DXY ,looking for uptrend.
The PL might work as the rejection, the H1 line which you can will act as a support/resistance when market approaching that level.
If the market broke below the PL and H1 near PL. The market have shifted the direction to SELL.
Remember US election just around the corner.
Market will react to the economics events instantly.
So if any spike during this week and next week or rally towards to the upside or downside its normal during US Election season.
Beware with the trade SL when entering the trade. Always manage your RISK %.
THE US DOLLAR is still King?The US Dollar Index has found support near all that former resistance from the past decade. The polarity here in the US Dollar is very real.
Bullish bounce?US Dollar Index (DXY) is falling towards the pivot which has been identified as an overlap support and could bounce to the 1st resistance.
Pivot: 103.83
1st Support: 103.38
1st Resistance: 104.42
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DXY SELL OFF INBOUNDThe last twice DXY pushed through closed above and failed to stay above the downwards trend.
Dxy is now at the Downwards trend again.
Forecasting The same as the last two attempts with a major DXY sell off
DXY Gap Up Trade Plan (Sell the Gap)The plan anticipates a gap up in the DXY at the market open, where bullish momentum from recent economic data might drive initial upward movement. However, given the overextension of the index in recent sessions, the strategy is to sell into this gap, expecting the market to retrace to fill it, and possibly continue lower.
US DOLLAR time to SHORT?Hi Everyone!
Excited to update a confirming possible longer higher time frame pullback on DXY, please refer back to my 2 education videos on TVC:DXY to see that what is happening now was indeed a possibility.
I have another CAPITALCOM:SILVER trade on, Im sorry I did not have time to immediately update it here. We have a mine structure break on M5, which I cannot post for some reason because the time frame is too small.
But its there, there is a confirmed structure break on Silver, Basically the important price level that must hold is right around 33.250. I Need to update a silver chart for you all. Because if price pullbacks in this zone, this will all of yalls opportunity to buy there again for a smaller Stop loss.
DXY at support after hitting major trend lineIntraday Update: The US Dollar index is at channel support into the end of the week, so a decisive break of the 103.98 level could usher in some selling into week end. But bears should be cautious here at support.
"US Dollar Breakout! Is DXY Ready to Surge to New Highs?"Based on the chart provided, here is a technical analysis for a potential buy on DXY (US Dollar Index):
1. Trendline Breakout: The chart shows that DXY is approaching a critical resistance area marked by a downward trendline. The price has tested this trendline and is starting to break through it. A successful breakout would suggest a bullish momentum, supporting a potential buy setup.
2. Volume Profile Support: There is a visible volume cluster around the 104.0 area, which might serve as strong support for any upward movement. The price has bounced off this region, indicating buying interest around this level.
3. Potential Upside Target: The white dashed arrow illustrates a possible price target after the breakout. If the upward momentum continues, the next resistance could be near 105.500 - 106.000 levels. This would be a reasonable target for a bullish trade.
Conclusion: If DXY successfully breaks and closes above the trendline, this would confirm a buy signal. Traders should monitor for any consolidation above the breakout level to confirm further upward movement towards the next resistance zone around 105.5 to 106.
DXY: Strong Bearish Bias! Sell!
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 103.908
Wish you good luck in trading to you all!
End of the week market analysis25th October
DXY: Consolidating along 104 round number (50% fib retracement) could trade down to 103.85 price level
NZDUSD: Sell 0.5970 SL 20 TP 55
AUDUSD: Sell 0.6610 SL 20 TP 40
GBPUSD: Sell 1.30 SL 25 TP 90
EURUSD: Looking for reaction around 1.0840
USDJPY: Buy 152.20 SL 40 TP 100
USDCHF: Do Nothing
USDCAD: Looking for bounce, retail sales data pending Buy 1.3825 SL 15 TP 40
Gold: Likely to fluctuate between 2700 and 2740 while directional bias develops
USD Ready to Surge? Technical Setup Shows Big Potential for DXYTrend Overview:
The DXY (US Dollar Index) is currently trading at 103.706, showing a clear potential for a bullish breakout. Based on the chart:
The downtrend has been respected with a descending trendline starting from the highs around 115.000, but it is currently testing the trendline resistance. If the price can break above this descending trendline, it signals a reversal of the long-term bearish momentum.
There is a possible inverse head and shoulders pattern, which is a strong reversal pattern in technical analysis, further indicating a potential bullish move.
Key Levels:
Buy Level:
Suggested entry for a long position is around 103.500, as the price has breached a significant resistance zone and the volume profile shows increased activity around this price level.
Stop Loss:
To manage risk, the recommended stop loss is at 102.500, positioned below recent support zones, ensuring a safe distance from potential pullbacks.
Take Profit Zone:
The next major resistance zone lies around 106.000 and higher towards 108.000, which offers a good reward-to-risk ratio for this trade.
Volume Profile:
The volume profile shows that a significant amount of trading volume has taken place around the current price levels, suggesting strong institutional participation. If the price breaks above the trendline with higher volume, it may accelerate upward movement.
Market Sentiment:
Given the potential breakout from the inverse head and shoulders, and the fact that the DXY has held support around 103.000, this suggests growing bullish sentiment.
The chart structure and volume activity indicate this is a favorable setup to enter a buy position.
Disclaimer:
The information provided is for educational purposes only and does not constitute financial advice. Always perform your own analysis and consult with a financial advisor before making investment decisions. The content creator is not liable for any losses incurred from trading based on this information. Illegal financial activities will be prosecuted in this world and carry spiritual consequences in the afterlife.
Key Levels to Watch in the DXY: Preparing for Potential ReversalWaiting on a reaction a tad higher. TVC:DXY
Looking at the levels 103.5 > 102.2. From there, I'll see how it behaves.
If it moves above 103.6, I’ll cut the short, as 105.4 will come into play.
Just playing out two scenarios with the same premise: down before more up...
what structures are saying for the dollarplease Traders speak your mind and tell me how you see it.
As a wave trader what the structure is showing me is that it has a full 5 wave corrective upwards and even there are signs of change of trend and clear 1-2 waves which I expect to be 5 wave structure before bigger correction, and for example are the ghosts candle patterns which are copies of the white line structures. It doesn't necessarily need to look alike but clearly change in trends are on the way. And as this is weekly chart so this might take time.
A deep analysis on the U.S. DollarThe dollar has been strong in recent weeks, considering that the two indicators I find very impactful for the dollar, the ADP Non-Farm Employment Change and the Non-Farm Employment Change, came in much higher than expected, leading the dollar to recover about 80% of the previous drop.
Note: These two indicators will be published next week, with the ADP Non-Farm Employment Change on Wednesday and the Non-Farm Employment Change on Friday, and the forecast for both is negative.
POV: According to the weekly DXY chart, the dollar is recovering from the previous drop, and as you can see, it has found a very strong resistance zone at 104.108, which could be a lower high compared to the previous one.
If employment data comes in below expectations, the dollar will experience a sharp drop, considering there is a large gap at 102.100.
If the data comes in higher than expected, the market may continue to decline to fill the gap at 102.100 and then resume its upward movement.
Finally, I still believe in the long-term decline of the dollar.
DXY Bullish Moment Aiming Higher.Hi there,
DXY has the potential to move up to 104.614. It is not clear if it will continue higher from that level. If a drop occurs from there, it could potentially reach 102.074.
Happy Trading and have a great weekend,
K.
DXY sell as from my EDUcational video Hi Everyone!
Lets try to sell again over here! as it has gone up so so much. I can imagine at least a short pullback here.
SELL DXYWe are monitoring DXY for selling opportunity. We expect price to drop from this high of 104.400 to as low as 102.20 and even below 100 level within the next few days and weeks. Our stop is above 105 level. Use proper risk management.
TOP DOWN ANALYSIS OF US DOLLAR - Watch n´Learn Hi everyone!
So If you were to look back at my previous education video on the DXY you would have seen that we have continued to go higher.
And right we are in the third zone without a pullback. What does it mean?
Well for me, it means its definitely time for a serious pullback, where I would make back all my sell losses.
This a little bit too manipulatory for me, and it does not make much sense, but gotta keep going and make that living.
Thanks for watching!
DXY POTENTIAL SHORT|
✅DXY went up just as
We predicted but now
The index is about to hit
A horizontal resistance
Of 104.761 from where
We will be expecting
A local bearish correction
SHORT🔥
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