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

Sharing some valuable information for those who are trading XAUUSD and playing the long-term game. Read carefully through all the information provided.

XAUUSD is still following our long-term analysis posted on November 27th.

Check here: Idea:XAUUSD

We are pretty much following the analysis spot on. We are ignoring the noise and sticking to our trading plan.

After XAUUSD made it’s way to 2714 we are extremely bearish on it.

As of now, we have made a pullback up to 2665 which is around our KL (Key Level). We will continue shorting gold at it’s pullbacks as the DXY is not showing any signs of exhaustion.

As said last month, DXY will continue to dominate in Q1 of 2025 resulting in more sells on XAUUSD. Long-term target is sitting at 2480.

Thank you for your amazing support.

FxPocket
Snapshot

DXY
📊 DXY Weekly Analysis Based on Main Key Levels

Current Market Price (DCMP)

The Current Market Price (DCMP) for DXY is 108.922.

Key Levels

Resistance (Above DCMP)

🛑 Resistance 1: 108.233
🛑 Resistance 2: 108.380
🛑 Resistance 3: 108.616

Support (Below DCMP)

✅ Support 1: 108.616
✅ Support 2: 107.614
✅ Support 3: 107.378

Swing Levels

📈 Swing High: 108.541
📉 Swing Low: 105.420

Summary of Analysis

The current market price of 108.922 indicates that the key resistance levels above this price are 108.233, 108.380, and 108.616, while the support levels below are 108.616, 107.614, and 107.378. The swing high stands at 108.541, and the swing low is at 105.420.

Suggested Trades

📈 Intraday Buy Trade

Entry Price: ✨ 108.616
Stop Loss: ❌ 107.614
Take Profit 1: 🎯 109.502
Take Profit 2: 🎯 110.285

Reason for Entry:

The price is approaching a key support level at 108.616, presenting a favorable buying opportunity based on technical analysis.

📉 Intraday Sell Trade

Entry Price: ✨ 109.502
Stop Loss: ❌ 108.616
Take Profit 1: 🎯 108.380
Take Profit 2: 🎯 108.233

Reason for Entry:

Resistance at 109.502 suggests a potential selling opportunity, with targets set below this level.

Conclusion
This analysis provides a concise overview of key levels and trade opportunities for DXY. By monitoring these levels, traders can make informed decisions in the current market environment. Happy trading! 🚀

DXY i shared dxy update , see it
Idea:DXY - ANALYSIS

DXY Forex is not about luck; it’s about learning, adapting, and winning.

EURUSD DXY market may be waiting on US house speaker vote. it's going to be close but if Johnson is not relected, then Trump will have a hard time pushing through policy. it's taking place right now.

USDX DXY Seems exhausted to me.
Nearing the 2022 highs. I imagine institutions will be loading up on shorts.
With the exception of anything new, I suspect the majority of the bad news is priced in.

DXY sir. Stop control. Positive data move up 🤦🤦🤦.

DXY
📊 DXY 3rd January 2025 Daily Analysis Based on Main Key Levels

Current Market Price (DCMP)

As of now, the Daily Current Market Price (DCMP) for DXY is 109.102.

📉 Key Levels

🛑 Resistance (Above DCMP)

Resistance 1: 109.502
Resistance 2: 108.380
Resistance 3: 108.616

✅ Support (Below DCMP)

Support 1: 108.616
Support 2: 107.761
Support 3: 107.378

📉 Swing Levels

Swing High: 110.285
Swing Low: 105.420

📋 Summary of Analysis

The current market price of 109.102 indicates that key resistance levels above this price include 109.502, 108.380, and 108.616. The support levels below this price are 108.616, 107.761, and 107.378. The swing high stands at 110.285, while the swing low is at 105.420.

💼 Suggested Trades

📈 Intraday Buy Trade

Entry Price: ✨ 108.616
Stop Loss: ❌ 107.378
Take Profit 1: 🎯 109.102
Take Profit 2: 🎯 109.502

📌 Reason for Entry

The price is approaching a key support level at 108.616, presenting a favorable buying opportunity based on technical analysis.

📉 Intraday Sell Trade

Entry Price: ✨ 109.502
Stop Loss: ❌ 109.802
Take Profit 1: 🎯 109.102
Take Profit 2: 🎯 108.380

📌 Reason for Entry

Resistance at 109.502 indicates a potential selling opportunity, with targets set below this level.

📝 Conclusion

This analysis provides a concise overview of key levels and trade opportunities for DXY. By monitoring these levels, traders can make informed decisions in the current market environment. Stay tuned for more insights and happy trading! 🚀

DXY TRUMP Is making a great pull on Dxy market yall check out my mind on dxy market ....Idea:Dxy market keeps maintaining t… follow for more insight , comment and boost idea

DXY

1H Forecast.
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