DXY helping out the VIX Here this great Liquidity Sentiment Indicator, help us grab some festive season before the holiday break!
DXY trade ideas
Long dxyCurrently believed that dxy is or has started a wave 5 impulse to new highs.
I believe that this will cause corrections across stock and crypto markets, potentially for next two years.
Bitcoin may have toped, I, a, looking for a pull back to low 70 this next 12months being a A wave on a large scale corrections, with a push up before failure and settling around 40k regions before a few impulse out to 180k.
I will monitor for sideways accumulation around 45-40k.
This is my current bearish plan 21.12.2024
two buy positions on the DXY (U.S. DOLLAR INDEX)Here’s a structured plan for managing two buy positions on the DXY:
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1. Entry Plan
First Buy Position:
Entry: 107.000
Likely Reason: Anticipation of strong support at this level, possibly near a significant technical or psychological level.
Second Buy Position:
Entry: 107.830
Likely Reason: Market reversal or breakout confirmation at this higher level.
TVC:DXY
2. Risk Management
Stop-Loss Levels:
For the 107.000 position: Below 106.800 (to avoid a deeper pullback).
For the 107.830 position: Below 107.500 (to account for short-term fluctuations).
Position Sizing: Use smaller lot sizes for the second position if risk increases near resistance zones.
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3. Take-Profit Strategy
Conservative Targets:
For both positions, a short-term take-profit can be set at 108.200, which may align with minor resistance.
Aggressive Targets:
Extend profit-taking to 108.500 or 109.000, depending on momentum and fundamental triggers.
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4. Monitoring Key Levels
Support Zones:
Strong support at 107.000: Look for price consolidation here if it drops further.
Resistance Zones:
108.000–108.200: Watch for profit-taking or reversal at these levels.
109.000: A more aggressive upside target.
DXY Will Go Up From Support! Long!
Please, check our technical outlook for DXY.
Time Frame: 12h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is testing a major horizontal structure 106.945.
Taking into consideration the structure & trend analysis, I believe that the market will reach 108.251 level soon.
P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.
Like and subscribe and comment my ideas if you enjoy them!
DXY next upSame thing to DXY, it will either react to HTF POI then go up, or sweep liquidity below then go up. watch how price close after today. It will decide how price would be next week.
usdx at important level againPEPPERSTONE:USDX it is looking quite bullish as per price action but i feel the rising trendline will act as stiff resistance and in that case it will be good for precious metals and equity a scare and a panic has been created in my sense
DXY - Bullish Wave ContinuesWe analysed DXY / Dollar few days back and it was highlighting a potential break above. This hsa been confirmed and the price now targets above Fib levels.
Best approach is to go from level to level rather than aiming for a swing move as sentiments can switch anytime.
For entries, please wait for at least two candle reversals at the specified level and apply appropriate risk management.
If you found this analysis helpful, please consider boosting and following for more updates.
Disclaimer: This content is for educational purposes only and should not be considered financial advice.
DXY - 125 within reach if 112 is piercedChoosing to ditch some of my gold longs based on perceived $$$ strength in the coming quarters. The fibonacci fan has worked well to trade the medium-long moves in the DXY.
US Index Bullish after the FOMC Fed rate Cut off to 4.5US index bulish after the FOMC Fed rate cut.
Now the Price is still at 108.133 and the last resistance was break on the current level and wait for the confirmations
The next level will be 109.156 and 109.954.
The USD positive impact will have a negative impact on major pairs and gold; be careful when opening the trades.
*Note:
When the USD idex is strongly bullish and sentiments also show the data will impact after the gold bullish recovery.
DXY (THE DOLLAR INDEX)1. If the Dollar Breaks Out Above Resistance
This scenario indicates bullish momentum, meaning the dollar could strengthen further.
Implications:
Continuation of Uptrend: Breaking resistance often signals strong buying interest or positive sentiment.
Next Target: The price may move toward the next resistance level or a new high.
Market Sentiment: This could result from strong economic data, higher interest rate expectations, or geopolitical factors favoring the dollar.
Traders’ Actions:
Enter long (buy) positions after confirming the breakout.
Set stop-loss orders just below the breakout level to manage risk.
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2. If the Dollar Fails to Break Resistance
This scenario indicates a potential reversal or consolidation below the resistance level.
Implications:
Reversal to Downtrend: Failure to break resistance often signals profit-taking or bearish sentiment.
Support Retest: The price might fall to test lower support levels.
Market Sentiment: This could occur due to weak economic data, dovish central bank policies, or stronger foreign currencies.
Traders’ Actions:
Consider short (sell) positions if rejection at resistance is confirmed.
Monitor for bearish patterns (e.g., double top or bearish engulfing candles).
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Confirmation is Key
Volume Analysis: A breakout with high volume is more reliable, while rejection with high selling volume confirms resistance.
Economic Data Events: Major announcements like interest rate decisions or employment data can influence the direction.
Would you like help with specific dollar pairs or technical analysis?
DXY STRUCTURE Hi Guys its Dr Trade again, your number one multi-dimensional analyst, from my DXY previous post when I stated that I will be waiting for the market to show me its hand before I commit to the market, well I have seen the hand of the market, the target high is taken out which has turned into a BOS now i will look for pull backs to trade higher, I will keep you guys fully updated, stay tuned fore more updates, do well to like share and follow.
DXY Weekly - Dollar IndexSimple Trading - Wyckoff Event
If the event has started then the dollar index will have one heck of a year coming into Q1 and Q2.
Watch for volume change on the intraday day time frame and expect the trend to continue bullish.
Long story short the DXY is growing strong with the rise of BTC and Donald Trump being elected President.
Targets:
109.40 - previous support
111.50 - .616 Fibb level
113.80 - .50 Fibb level
US Dollar pushing resistance ahead of the FOMCIntraday Update: The DXY pushed to recent highs at 107.20 and bias chart resistance ahead of the FOMC. Today, this will be a key breakout point for the US Dollar post FOMC.
DXY Bias 24/12/18Last week pretty much ended green, so base on my bias, this is what i'd expect this cool guy to do these
Rising Global Liquidity: Deflationary Dollar & Rallying EquitiesWhile it's uncommon for the dollar ( TVC:DXY ) and equities (S&P 500) to rise simultaneously, historical instances illustrate that it can occur under specific economic conditions.
I think those conditions may be upon us!
Historical Examples:
1995:
DXY Movement: Strengthening
S&P 500 Movement: Rising
Context: Strong economic growth and corporate earnings propelled equities higher.
2001-2002:
DXY Movement: Strengthening
S&P 500 Movement: Rising
Context: Economic recovery following the tech bubble burst.
2011:
DXY Movement: Strengthening
S&P 500 Movement: Rising
Context: Safe-haven buying of the dollar amid European debt concerns, while stocks benefited from robust corporate earnings.
March 2020:
DXY Movement: Strengthening
S&P 500 Movement: Rising (post-COVID)
Context: Initial flight to safety due to uncertainty, followed by stimulus-driven stock market recovery.
Mid-Late 2025 - Crescendo:
DXY Movement: Potential strength driven by deflationary AI Pressure cheapening productivity & labor cycles
S&P 500 Movement: Rising markets as all assets rally as a result of increased liquidity from stimulus
Context: it takes a few months for stimulus to reach assets- the next few *years* might have stimulus coming. Inflate the debt away while the dollar rises?
These historical instances suggest that a strengthening dollar *can* coexist with rising equities, particularly in environments characterized by global liquidity increases.
Given the chart, we have a convergence of two long term trend lines, first in the ascending channel on the ‘short term’ (1yr candles, in top photo ascending channel).
Then for the longer term ‘cup’ trend going back decades (ref bottom RSI momentum dating back to 1980s), *that* might show that we truly are on the cusp of incredible amounts of stimulus.
What do you think? Is it possible that the dollar goes higher while we receive trillions in stimulus? Is this the fuel for the ‘everything rally’?
forex compare forex compare.
Why is only the dollar rising?
Could there be a reversal with other countries' currencies now?
Again 2007!
Dollar Dominates: FED Rate Decision AheadThe US dollar is getting strong again, driven by a resilient US economy and expectations of a "hawkish cut" from the Federal Reserve. Despite talk of a rate cut, the US economy remains strong, with solid consumer spending and a tight labor market. This raises concerns about persistent inflation, suggesting the Fed may be cautious about further easing. Technically, the dollar index (DXY) is staging a convincing rebound, breaking above key resistance and eyeing new highs for 2024. This bullish momentum is likely to continue if the Fed delivers a "hawkish cut" – lowering rates while signaling a cautious stance on future easing.
EUR: Grappling with Economic Headwinds
The eurozone faces a challenging economic outlook. Slowing growth and persistent inflation create a stagflationary environment that weighs on the euro. The European Central Bank is caught between a rock and a hard place, needing to support the economy while also taming inflation. The EUR/USD pair remains trapped within the 1.0460 – 1.0600 range. A decisive break below this zone, particularly with a close below 1.0400, could signal a significant shift in momentum and the continuation of a downtrend in the medium term.
GBP: Battling Stagflation
The pound is under pressure due to a confluence of factors. Recent data shows the UK economy contracting, raising fears of a recession. Inflation remains high, adding to the stagflationary pressures. The Bank of England faces a difficult balancing act, needing to support the economy while also keeping inflation in check. GBP/USD is looking vulnerable, with a break below key support at 1.2600 potentially opening the door for further declines.
JPY: Waiting for Policy Clarity
The Japanese yen remains volatile as markets try to anticipate the Bank of Japan's next move. Will they maintain their ultra-loose monetary policy or finally raise interest rates? The uncertainty is fueling volatility in JPY crosses. USD/JPY has been on a tear, breaking above key resistance levels. A "hawkish hold" from the BoJ, where rates are kept unchanged but the door is left open for future hikes, could fuel further yen weakness.
CAD: Exposed After Rate Cut
The Canadian dollar is vulnerable after the Bank of Canada's recent rate cut. The move surprised markets and raised concerns about the health of the Canadian economy. USD/CAD has been trending higher, fueled by the divergence in monetary policy between the US and Canada. A break above the 1.4350 resistance level could pave the way for further gains in USD/CAD.
*This is a market analysis, not trading advice. Trade responsibly and do your own research.
DXY next possible move🔮🦁🦁🦁 **Patience: The Most Difficult Skill to Master in Trading**
💡 **Want to succeed? Then, learn to wait.**
⏳ Patience is not just a virtue in trading; it’s a powerful weapon. But let’s be honest: it’s also one of the hardest skills to develop.
👉 Yet, once you master it, you’ll already be halfway to success. 🎯
📈 Trading rewards those who know how to wait for the right moment.
❌ Not those who rush.
✔️ But those who remain calm and methodical.
So, make patience your ally and see the difference. 🌟
DXY Masterclass: Expert Price Action Strategies UnveiledTVC:DXY AlexGoldHunter Technical Analysis Using Price Action Technique
Key Levels and Patterns
Resistance Levels:
Top Resistance Band (RB): Around 107.500
Lower Resistance Band (RB): Around 106.000
Support Levels:
Target Support: Around 105.500
Another Support Target: Around 104.000
Fibonacci Retracement Levels:
0.382: 106.835
0.5: 106.662
0.618: 106.489
0.786: 106.270
Break of Structure (BOS):
Multiple BOS points indicating significant changes in price direction.
Market Structure Shift (MSS):
Points where the market trend changes direction.
Equal Highs:
Level where the price has reached the same high multiple times near 107.500.
Indicators
RSI (Relative Strength Index):
Levels around 63.82, 57.11, and 40.00 indicating overbought and oversold conditions.
MACD (Moving Average Convergence Divergence):
Signal lines and histogram showing bullish or bearish momentum.
Buy Strategy
Entry Point:
Look for a bullish reversal pattern near the Fibonacci retracement levels (0.5 or 0.618) around 106.662 or 106.489.
Confirmation of a higher low or a bullish candlestick pattern (e.g., hammer, engulfing) near these levels.
Stop Loss:
Place a stop loss below the recent swing low or below the 0.786 Fibonacci level (106.270).
Take Profit:
Initial target at the resistance level around 107.500.
Further targets can be set at the higher resistance bands around 108.000.
Sell Strategy
Entry Point:
Look for a bearish reversal pattern near the resistance level around 107.500.
Confirmation of a lower high or a bearish candlestick pattern (e.g., shooting star, bearish engulfing) near these levels.
Stop Loss:
Place a stop loss above the recent swing high or above the resistance band around 107.800.
Take Profit:
Initial target at the support level around 106.000.
Further targets can be set at the lower support levels around 105.500 or 104.000.
By using these price action techniques, you can identify potential buy and sell opportunities based on key support and resistance levels, trend analysis, and indicator confirmation. Remember to practice good risk management and stay updated with market conditions. Happy trading! 📈📉
Follow @Alexgoldhunter for more strategic ideas and minds
US INDEX BULLISH PROJECTION The US INDEX has closed last weeks weekly candle very bullish after retesting the weekly Trendline break and rebounding from it. With that in mind I’m seeing this weeks weekly candle as a possible bullish candle for end of week, for that scenario to play out we would have to hold 1-4 hr support @ 106.200-106.400. Target for the week 107.300-107.500.. let’s get through this week and see if the bulls keep control going into 2025.
THE US DOLLAR (DXY) // primary long expansionThe last impulse, that is visible even on the weekly chart, broke the weekly structure.
The emerging countertrend only came back to 23.6, but tested the weekly (and H4) breakout, and turned up in the direction of the primary trend.
This is the expansion phase with a target of 109.00, and it is valid until the structure breaks on H4.
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We may not know what will happen, but we can prepare ourselves to respond effectively to whatever unfolds.
Stay grounded, stay present. 🏄🏼♂️
Your comments and support are appreciated! 👊🏼
