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USD Dollar Basket Index DXZ4 Exp 11/12/2024 23:59USD Dollar Basket Index DXZ4 Exp 11/12/2024 23:59USD Dollar Basket Index DXZ4 Exp 11/12/2024 23:59

USD Dollar Basket Index DXZ4 Exp 11/12/2024 23:59

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USDX trade ideas

Usd rebounced off key S,101.80 is key to clearHello fellow traders , my regular and new friends! Welcome and thanks for dropping by my post. USd could be now technically in a range of 100.6 to 101.6.though i am bearish more on usd. But could be just watching to play within the h4 range. Do check out my recorded video (in trading ideas) for the week to have more explanation in place. Do Like and Boost if you have learnt something and enjoyed the content, thank you! -- Get the right tools and an experienced Guide, you WILL navigate your way out of this "Dangerous Jungle"! -- ********************************************************************* Disclaimers: 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. *********************************************************************
TVC:DXY
by Shadowing_The_Big_Boys
DeGRAM | DXY reached the retracement levelDXY is moving in a descending channel between trend lines. The descending structure is preserved. The price has reached the resistance level coinciding with the 38.2% retracement level. The chart has reached the dynamic resistance and the upper boundary of the channel. We expect a pullback after consolidation under the resistance level. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
TVC:DXYShort
by DeGRAM
7
DXY Finds Support, 105 Next | The Last Signal (Not Subtle)A 570 days long support level has been activated and a reversal is now taking place on the U.D. Dollar Index (DXY). This means that the DXY is now turning bullish for the first time since June 2024. The support level in question, marked on the chart with an orange line, marked the end of a major decline in late 2023 (December). As soon as this level was hit, around 100.617, the DXY entered a four months long bullish wave. This same long-term support level supported the DXY back in April and February 2023. The next rise is set to put this index around 105. Can be a bit lower or a bit higher, this would be the initial move. This rise can last between 2-3 months, initial. If the bullish move will be continued we can only ascertain after the first leg-up is in. Knowing the significance of this index, how it relates inversely to Cryptocurrency and the Stock market, as well as to sociopolitical stability, we can assume that things are about to get rough. In short, war is about to intensify and everything is set to experience a major leg-down; a global-wide (instead of marketwide) correction; a major financial flush. The Global Reset 2.0. This is the final signal. It confirms everything we've been seeing in the past month. It confirms a bearish bias on the stock indexes. It supports the intensification of Bitcoin's correction in the ensuing months. Panic will set in, but it will not be the end of the world. After the major market flush is over, it will feel like when a hurricane passes through your town... Everything is down to pieces, but the air is clean and it feels really peaceful and calm. There is no time to cry. We all stand up and start to rebuild. In time, the disaster will be a memory and we will use the experience for growth. Namaste.
TVC:DXYShort
by AlanSantana
2
DXY Will Go Lower! Sell! Here is our detailed technical review for DXY. Time Frame: 10h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a key horizontal level 100.721. Considering the today's price action, probabilities will be high to see a movement to 99.278. 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
Dollar Index (DXY), DailyFundamental The dollar had a volatile day due to weak labor market data but better PMIs. The Aug ADP Employment Change fell to 99k (cons. 145k, prev. revised to 111k from 122k). The final Unit Labor Costs for 2Q were revised to 0.4% from 0.9% QoQ SAAR, showing a wage inflation slowdown. However, the dollar rebounded briefly with upward revisions of Aug Services and Composite PMIs. Technical DXY extended its downturn and tested the 101.00 level. The trendline failed to hold the index, and the diverging bearish EMAs sent bearish signals. If DXY fails to climb above the trendline, the index may extend its downtrend to 100.50. Conversely, if DXY closes above the trendline and both EMAs, the index could gain upward momentum toward 101.80.
TVC:DXY
by Exness_Official
Pre Non Farm Market Analysis6th September DXY: Currently just below 100.90, could consolidate/retrace briefly, looking downside to 100.55 support level (NFP Pending), could bounce from support NZDUSD: Buy 0.6245 SL 20 TP 50 (DXY Weakness) AUDUSD: Buy 0.6755 SL 25 TP 65 (DXY Weakness) GBPUSD: Sell 1.3170 SL 30 TP 80 (DXY Strength) EURUSD: Buy 1.1145 SL 20 TP 60 (DXY Weakness) USDJPY: Watch out between 142 and 141 support area, possible bounce! USDCHF: Look for reaction at 0.8345 key support level. USDCAD: Stay out (CAD Employment pending) Gold: Retracing, look for reaction at 2506, possible bounce, if broken, could trade down to 2480
TVC:DXY
by JinDao_Tai
DXY- Dive under 100?In my previous DXY analysis I said that, although the index reversed from the beginning of the year support, bulls should not get too excited as long as the index is under 102.30 zone. In the next days, the index resumed its fall and now is trading back towards recent lows. Today's NFP data could bring clarification and if the index falls below the recent lows, 99.50 is exposed. For a bullish scenario, we need a reversal from this zone which could also be the beginning of a double-bottom pattern.
TVC:DXY
by Mihai_Iacob