DX1! - Weekly Market Update, 9/5US Dollar Index Futures remain strong after acquiring our recent target.
I've left our recent trade imaged on the char for your review...
Ideal entry, stop and target are all identified on the chart.
SDX1! trade ideas
DXY to find resistance on the first test through 110In this update we review the recent price action in the Dollar Index futures contract and identify the next high probability trading opportunity and price objectives to target
The dollar has weak support!By breaking the support with a daily candle, it is heading down at lightning speed
dollar index is in last lag of uptrenddollar index is in last lag of uptrend , it's zigzag that connect to that another zigzag with x wave ,
Fed vs Bitcoin- would be much to long to explain about global economy mechanics.
- everything is in chart.
- if you get those moves, u will understand that "everything is linked" ( or inversed )
- Check my previous Analysis about " brrrrrr " there :
Happy Tr4Ding !
US Dollar UptrendPEPPERSTONE:USDX
Daily Chart: Price hit recent support. Look for price to bounce and resume its uptrend.
***Price bounces higher every time price consolidates in the areas of the moving averages.***
U.S. DOLLAR INDEX FUTURESThe dollar has made a very strong rise and reached the top, from the start of the decline, and from the middle to get a very strong trend
Dollar will touches the trend from 1980The dollar will touch an important trend from 1980 until now. Expect the end of its rise wave and entry into a large wave of decline that will extend for years.. and the recovery of crypto markets.. I hope so.. It is not a recommendation to buy or sell
What to do when technical analysis does not appear to be workingI take a look at when the US dollar Index broke below its uptrend back in the middle of August - the break was not sustained. I talk about what I do next when it appears my analysis is not working.
The Society of Technical Analysts' next course starts in October. Those wishing to learn more about technical analysis can take a look at the Route to Diploma - Society of Technical Analysts, www.technicalanalysts.com
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Dollar Index double bottom patternDouble bottom pattern is very important for dollar index NOW!
Our technical research suggests that the candle has declined a double bottom pattern will act against the chart.
Fundamental Analysis - NONE
DX1! - Weekly Market Update, 8/22US Dollar Index comes alive with broader market weakness, this could be the catalyst to drive this trade to work out.
If we close this week with continued strength, we can consider raising the stop below that last placed low.
This trade has been supported by the 50 day SMA along with support structures.
US Dollar Ready For The Next Rally!The Dollar Index bounced off the support level from the May 13th high a second
time on August 10th at $105.
Since the start of the year, price has been making a consistent pattern of higher
highs and higher lows, and this most recent pullback appears to be following this
same pattern.
We need to see now that the buyers continue to push price skywards and towards
the recent high from July 14th at $109.
If there is a break and close above that high, it will confirm a continuation of the
current bull trend in play.
Trends should follow a bullish move with the dollar in certain forex pairs that are
influenced by the dollar. This should result in opportunities in this market.
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See below for more information on our trading techniques.
As always, keep it simple, keep it Sublime.
DX1! A bit bullish on this oneGreat bull flag on the Daily Chart.
Not a Financial Advise or Suggestion.
Let's see what happens.
Double cup and handle U.S dollar blow off?With more rate hikes coming in the future due to inflation still being too hot, this could be a reality. When commodities stop falling in the future with a dollar pushing higher (2023?), that should be a good time to really back up the truck with physical gold and silver #1. #2 Mining stocks in gold, silver, copper, uranium, steel, etc should also be on your radar for deals you never thought you'd get. Tech boom done, next is a Commodity Boom after an all out assault to smash inflation. Good luck everyone.
DX1! - Weekly Market Update, 8/15US Dollar Index showing relative strength weakness.
Price for the past several weeks is being propped up by the 50 day sma.
U.S. DOLLAR INDEX FUTURESVery sharp drop to the lowest points and now deliberately deliberate strong demand zone is considered support knowing that it has broken it strongly and is likely to retest and continue landing
DX1!A little more downside, decent chance of a turnaround in one of the zone below.
It should be taken into consideration that dollar might have even more downside, so shorts on the bounce should be taken into consideration.
DXY Trading The Double CorrectionIn this update we review the recent price action in the Dollar Index and identify the next high probability trading patterns and price objectives to target
Bites Of Trading Knowledge For New TOP Traders #14 (short read)Bites Of Trading Knowledge For New TOP Traders #14
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What defines a Bear Market? -
A bear market is when a market or even individual securities experiences extended price declines. The condition observed in the equity markets is where securities prices fall 20% or more from recent highs triggered by negative investor sentiment and/or overall pessimism in the markets.
What defines a Bull Market? -
A bull market is the condition seen in a financial market or individual security in which prices are rising and/or are expected to rise. Commonly the rise in price is observed over an extended period of time and can last months or years.
What is Inflation? -
Inflation is a rise in prices and is often expressed as a percentage change over a period of time. Inflation could also be interpreted as a decline of purchasing power over time, meaning that a unit of currency buys less than it did in prior periods.
RISKS AND OPPORTUNITIES FOR CORPORATES AND INDIVIDUAL INVESTORS -
Common application of financial market instruments for managing risk and opportunities.
Diversification: Portfolio Risk Using FX Futures
Individual investors taking a portfolio approach with managed futures and spot foreign exchange could be entering into emerging market currency positions including for example Hong Kong Dollar, Singapore Dollar or South Korean Won.
Depending on the view of each of the currencies in the portfolio, it could be constructed to eliminate exposure to the U.S. Dollar. However, there may be a time during which investors would like to introduce U.S. Dollar exposure and they could do so by using Mini US Dollar Index ® Futures with a contract value of $10,000. For example, the U.S. Dollar Index ® may be observed to be in a medium term uptrend and an investor may want to consider entering into a long position in the Mini US Dollar Index ® Futures based on their strategy of choice and exit the position when either their profit target is achieved or their loss limits are triggered.
TRADDICTIV · Research Team
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Disclaimer:
We do not provide investment advice, nor provide any personalized investment recommendations and/or advice in making a decision to trade. Before you start trading, please make sure you have considered your entire financial situation, including financial commitments and you understand that trading is highly speculative and that you could sustain significant losses.
DX1! - Weekly Market Update, 8/8/22US Dollar Index posts a BUY signal ... Ideal entry, stop and target imaged on the chart.
Support and Resistance structures have been adjusted accordingly for your reference.
Wishing you a blessed and profitable week ahead.
