dxyThis is my opinion with technical analysis
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USDX trade ideas
DXY: Market Is Looking Up! Buy!
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 105.758
Wish you good luck in trading to you all!
DXY IndexDXY Index
Completed " 12345 " Impulsive Waves and " ABC " Corrective Waves at Extreme Point of Interest ( POI ). Bullish Channel as an Corrective pattern in Short Time Frame and Rejection from Resistance Level with a Strong Divergence
Levels discussed on 11th November Livestream11th November
DXY: Consolidating along 105, look for break out above 105.15 to reach high of 105.45
NZDUSD: Sell 0.5955 SL 20 TP 40
AUDUSD: Sell 0.6565 SL 25 TP 50
GBPUSD: Sell 1.2830 SL 30 TP 80
EURUSD: Sell 1.0660 SL 25 TP 50
USDJPY: Buy 153.80 SL 40 TP 80
USDCHF: Buy 0.8790 SL 25 TP 80
USDCAD: Do Nothing
Gold: Could range between 2660 and 2644
DXY giving strong hints of bearish phaseLooking at the chart it happens two times that DXY formed a double top and then fell sharply and now it is for the third time a single top has already been formed and there is also a bearish divergence. These couple of confluences indicate a bearish phase of DXY
DXY LONG VIEW
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$dxy- retrace time?Hola,
still waiting on this to deviate back down
still got time to position yourselves in
Lower high for now unless we flip 106.1 which i really doubt the fun begins in a few days
Bullish rise?US Dollar Index (DXY) has reacted off the pivot which has been identified as a pullback support and could rise to the 1st resistance which acts as a pullback resistance.
Pivot: 104.42
1st Support: 103.45
1st Resistance: 106.04
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DXY: Intraday Bearish Trade IdeaThe intraday charts for DXY suggest a potential pullback as the index struggles to maintain its recent highs following the Federal Reserve’s 0.25% rate cut. With mixed U.S. economic data and profit-taking likely, short-term bearish momentum could dominate.
Dollar Index - What Liquidity Pool Is Up For Grabs?Playing Russian roulette with 1 bullet in the chamber and I'd choose sellside @ 104 but going into next week without seeing how Sunday opens is 50/50.
I don't settle for 50/50...
IDEA FOR NEXT WEEK.The U.S. Dollar Index (DXY) closed the week up 0.61% at 104.951 after reaching a high of 105.441 and a low of 103.373, marking a strong finish amid fresh speculation around Trump’s economic policies and the Federal Reserve’s rate cut. With markets anticipating Trump’s potential pro-growth and inflationary policies—such as increased tariffs and deregulation—the dollar surged as traders recalibrated their inflation outlooks. The dollar’s gains reflect traders’ positioning for inflationary pressures that could affect the Fed’s future rate path.
DXY TRADE SETUP THIS WEEKINDEX : DXY
✔ Classic BULLISH formation
DXY is holding continuous UP Trend so after market retracement I can take BUY entry . If your analysis matches it take a trade otherwise skip the trade.
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Dollar long to short (A controversial idea)It is no surprise that we have seen an influx of buyers in the dollar market since september when the news about Trump running for the election for a second time built alot of trust in the dollar. However, I don't believe this will last for very long.
Market open we will see either one of two scenarios play out...
scenario A: price will push up slightly causing a further BOS to the upside and taking ASH liquidity before then retracing into the 2H demand in order to mitigate the weekly supply deeper.
Scenario B: Price will drop taking out the buyers from the 2H demand as this area is not yet validated by a structural break, price will then fill the 8H IMB and continue its push upwards into the weekly supply which is further validated against my XAU/USD breakdown.
In conclusion, if not this week then within the next coming weeks we will see price react from this weekly supply or the weekly IMB above in order to continue in its overall downtrend.
REMEMBER all it takes for the DXY to continue dropping is a major news event
Dollar index bearish viewThe dollar index continues its struggle in the 105.00 zone. On the upside, we have a resistance line and expect to hold below. New President Trump needs a weaker dollar index to boost exports. We will see new data on US inflation on Wednesday. Forecasts are that inflation could remain at the same level as last month. If this happens or the data is weaker than the forecast, the dollar index will retreat deeper.
GET READY XXXUSDHey traders,
Now we need to see a break of previous high but before then we need to see a push up a little to take out the high.
Note for all XXXUSD: we need to see a rally up after we get a break of Dxy previous high
‼️ IF YOU WANT TO SEE MY ANALYSIS ON XXXUSD COMMENT BELOW
Thanks for reading
Stay safe and peace out ✅
Dollar Index - Believe In The Bulls!For close to 2 weeks price has been stagnating but when you take the overall medium term trend into consideration, you have to ask yourself this; does this minor relief rally have the possibility of causing a major market structure shift before reaching a major buyside liquidity pool above 104.636?
R2F Weekly Analysis - 10th November 2024 (ICT Concepts)Welcome to another R2F Weekly Market Analysis using ICT Concepts along with my own discoveries. I'm going to go through various assets/markets, and give a real-time view of how I perform my analysis on the weekends. I'll give my take on what has been happening, and what I'm expecting in either the coming days, weeks, or months. Without further ado, let's get into it!
This video will be a special "The Leap" edition.
- R2F
DXY DirectionAs long as I see clear Bullish STR on the 4H and the buyers still in control, I would like to keep selling the other symbols against the Dollar (GBPUSD/EURUSD etc'...).
As I see it, we were in a range between supply and demand (marked as trendlines) and now we are pushing into supply zone (?Let's see if it hold?).
From this point there are two scenarios for me:
1. Supply is holding and DXY will drop towards 101-102
2. Buyers will go over the sellers and keep pushing higher, to 110 zone.
*That's only my personal opinion and not any advice to take action.
And as we all know... we can't predict anything and things can change// Trade safe.
DXY weekly forecastLooking for a bullish week
Daily: institutional order flow is bullish, anticipating OLHC
4h: Internal range liquidity to external range liquidity
DXY has broken downtrendline with upward momentumDXY has broken downtrendline with upward momentum. It may retrace and then continue its bullish movement
The Breakout (The Easiest Chart To Ever UnderstandMy other Idea has a video explanation if anyone is interested
The Breakout! With The Easiest Chart Thank you for taking your time to watch this video and if you enjoyed it, Please feel free to ask any question in the comments and leave a like!
DXY WIL KEEP GROWING|LONG|
✅DXY is making a rebound
From the horizontal support
Level of 104.500 while trading
In an uptrend so we are bullish
Biased and we will be expecting
A further bullish move up
LONG🚀
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