DXY ANALYSISexacatly accurate on my previous analysis , Gold pull back , waiting for rejection . Shortby BKGTrader350
Expecting impulse move to the Upside "Bullish"DXY started its Monday with all the Bulls taking the lead. Tuesday the price broker above the Monday High as well as the Friday high. Traders should look for a bullish candlestick on the 4H timeframe during the day of Tuesday and execute their buy position with Stop loss below the candlestick.Longby SonOfK1223
DXY showing short term relief, hinting at a mid term correctionTaking a Quick Look at the 12H DXY, we can see that we are printing hidden bearish divergence, along with that we are making our way to a supply zone sitting at 105.3 , both of these factors being considered, we could see a rejection at the supply zone and a continuation to the demand zone at 104.4. Overall, I’m expecting some upside for DXY followed by some perhaps violent downside movement, let’s see how the cards play out.Shortby Jidaye1
DXY SWING LONG| ✅DXY made a retest Of the rising support And we are already seeing A bullish rebound so we Are locally bullish biased And we will be expecting A further move up LONG🚀 ✅Like and subscribe to never miss a new idea!✅Longby ProSignalsFx111
Watch USD Moves Today!!🚨 USD HIGH PROBABILITY BUY SETUP SOON 🚨 * Here We Can See Clearly The Next Potential Move For US Dollar Today. * We Have Fed Chair Powell Testifies Today. * Keep Your Eyes Close On Your Trading Positions. * Happy PIP Hunting Traders. * FXKILLA * Longby FX-PIPHUNTER2
Watch USD Moves Today!!! 🚨 USD HIGH PROBABILITY BUY SETUP SOON 🚨 * Here We Can See Clearly The Next Potential Move For US Dollar Today. * We Have Fed Chair Powell Testifies Today. * Keep Your Eyes Close On Your Trading Positions. * Happy PIP Hunting Traders. * FXKILLA *Longby FX-PIPHUNTER4
DXY Is Bullish! Buy! Take a look at our analysis for DXY. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a key horizontal level 104.914. Considering the today's price action, probabilities will be high to see a movement to 106.580. 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!Longby SignalProviderUpdated 227
Levels discussed on 9th July Livestream9th July DXY: Consolidating on 105 support (61,8%). Watch 105.10 for upside potential or break of 104.80 for downside (downside more likely) NZDUSD: Buy 0.6120 SL 15 TP 35 (RBNZ decision tomorrow) AUDUSD: Buy 0.6760 SL 20 TP 110 (Hesitation at 0.68) USDJPY: Buy 161.40 SL 20 TP 60 GBPUSD: Sell 1.2790 SL 20 TP 50 (Head & shoulder pattern) EURUSD: Do nothing for now USDCHF: Sell 0.9005 SL 20 TP 60 USDCAD: Consolidating between 1.36 and 1.3650, do nothing for now Gold: Break above 2350 could trade down to 2320by JinDao_Tai12
DXY - testing the bottom, rebounding on news daysDXY: Yesterday's USD index re-tested the bottom area then rebounded. On the H4 frame, a set of reversal candles appeared, but this morning's session has a decreasing GAP, so in the short term, it is expected that DXY will test this support zone again and then may increase again. Ace can consider buying with USD todayLongby Chart_MasterPro2
$DXY OTE INducement LevelsDXY is currently setting up some traps, and setting us up for some mayhem lol by InvrsROBINHOOD1
DXY H8 - Bullish Signal DXY H8 Not a huge amount of movement during the trading sessions yesterday to start the week. We have seen some big, big moves across the likes of XAUUSD and US30, but not much in the FX space. Really hoping to see something pick up off this 105.000 support region. We have drawn this horizontal black line to highlight this 105.000 handle, and what we would like to see to warrant bullish continuations. The bearish play was instigated last week from the US cluster data, I think this week we shake it off and continue upside towards that 106.500 price.Longby Trade_Simple_FX0
Outlook on DXYTechnical Perspective: DXY remains within an ascending channel as the price approaches the 104.50 support zone, which coincides with the lower bound of the ascending channel and 78.6% Fibonacci retracement. If DXY rebounds above this level and regains its bullish momentum, a further rise toward the 106.00 resistance and 61.8% Fibonacci extension might occur. Conversely, a bearish breakout of the ascending channel could prompt a further decline towards the next potential support at 103.50. Fundamental Perspective: Recent US economic data, marked by sharp downward revisions to April and May jobs data and modest June NFP data, may set the stage for a Fed rate cut in September. NY Fed consumer inflation expectations for the upcoming year eased to 3% in June from 3.2% in May. Meanwhile, five-year inflation expectations declined to 2.8% per year. Markets now await more insights from the CPI data on Thursday, where easing price pressures could limit the dollar's upside.Longby lixing_gan1
Bearish drop?US Dollar Index (DXY) is rising towards the pivot which acts as a pullback resistance and could reverse to the overlap support. Pivot: 105.154 1st Support: 104.412 1st Resistance: 105.429 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.Shortby ICmarkets10
#dxy #dollar #dolar #usdIf there is a reaction from the dollar resistance level, it would be an ideal setup to open a short position.Shortby foxforex36
Upcoming CPI and Unemployment Claims 11 July sees the release of the Consumer Price Index data and Unemployment Claims There are 3 types of CPI: Core CPI m/m (goods and services purchased by consumers, excluding food and energy) CPI m/m (goods and services purchased by consumers) CPI y/y This week's forecasts by analysts: Core CPI m/m: 0.2% CPI m/m: 0.1% CPI y/y: 3.1% For DXY to move higher we need to see the actual data beat the forecasts. If the actual data meets or is below the forecasts, we can expect DXY to move lower. Unemployment claims forecast is 236k. The actual less than forecast is good for the DXY and will move higher. Always wait until after the actual data is released before going long or short on USD pairs. If actual data is positive for DXY: Go short on EURUSD or NZDUSD Go long on USDJPY If actual data is negative for DXY: Go short USDCAD or USDCHF Go long GBPUSD or AUDUSD by TheForexMessiah0
How i break down Dollar indexAm showing the simple way to break down dxy and be on the right side of the market avoiding early entries .Every analysis must be started from bigger timeframe and as you go each timeframe must unlock the other .Short19:13by ASHNALLY1