NFP SPECULATIONI'm overall bullish on dollar index. A small manipulation to the downside and then sudden pump up. Educational purposes only. trading consists of huge losses so trade with stop loss.
DX1! trade ideas
Weekly Rising Wedge On DXYThis looks to be bearish structure. Wanted to check against the community to ask for other opinions. Trend lines are valid.
Little more pump before the DXY drops off into the Low 80s?
Rsi indicated another pump to the top of the wedge, but I could see it falling through after that.
Comment!
Not financial Advice. I am a hobbyist.
DXY BULLISH FOR THE NEXT 2 MONTHS DXY looks bullish taking in consideration the commitment of traders and also the seasonal tendencies
For mor in deppth analysis i am expecting two major equal higs to be taken out and then we can discuss for dxy moving down. The cut rates at the end of the month January doenst at all influence my analysis since the cut rates are already priced in and at the last Fed Speech they said that there is no need to rush for the 2024 cut rates.
ECB Interest Rate Decision and Its Impact on the DXYThe dollar index was weak in the run-up to the European Central Bank's interest rate decision. A massive fair value gap is blocking any further upward movement. In view of the bearish chart situation ahead of the interest rate decision, we expect the DXY to lose further value and reach the 102.00 area.
The USD index look set to trade to and through 104We have remained bullish the US dollar the past few weeks, and continue to suspect there are plenty of shorts to be covered as markets finally concede that fewer Fed cuts are coming this year and already priced in.
The dollar has posted a strong rally YTD, and after a brief consolidation momentum is trying to turn higher with a bullish outside candle. It's not major surprise to see it is holding beneath the 200-day EMA, but it did close above the 200-day MA. And if the US delivers a strong set of flash PMI figures or PCE inflation data, we suspect the US dollar can travel to and through 105 on its way to 105.
DXDX will be in an uptrend, entry point is 104,000, stop loss is 103,000, and take profit is 106,000.
DXY long CRYPTO short ? if #dxy go up , i think we will se dump in crypto market ..... and stocks market too
USD Index (DXY, DX1!, ) Weekly Update.... BEARISHYes, I did call for bearishness in the Weekly Outlook. And yes, the USD has moved bullishly since Tuesday. However, I did state that price would move up into the fair value gap, and from there, the bears would take over.
Remember, I described an External to an Internal RUn on LQ. Price has moved from Discount to Premium prices. Currently, price is positioned to make the downward move!
I do believe price has finally started to turn over, as the FVG has been filled ... to the pip!
We should be looking to see the bearish FVG will hold, and watch for valid sell setups.
I do not trade DXY, but use it as an indicator, as I mentioned in the Outlook video. I would be looking for buys in xxxUSD pairs, and sells in USDxxx pairs. Also, Gold should continue upwards, as well as S&P, NAS, and DJ.
May profits be upon you.
U.S. Dollar Index completes arguable inverted H&S bottomRemember, daily patterns are not as reliable as weekly patterns. But this H&S bottom is supported by COT data and could represent the start of a strong trend for the USD in the months ahead.
DXY ( USD Index ) Weekly Outlook.... BEARISHMay profits be upon you.
DXY is now consolidating in between a bullish FVG and an bearish FVG.
But it has been bearish, with downward momentum.
I suspect it will continue this way, as price has found INTERNAL LQ in the bearish FVG, and is now seeking the EXTERNAL LQ at the lows.
I believe the low at 100.320 is the DOL (Draw On Liquidity).
Leave a comment, as I like to receive feedback from viewers!
Thank you.
May profits be upon you.
USD Index Weekly Outlook... BEARISHWith CPI Data coming Thursday, price may consolidated within the range of Friday's candle and the FVG, before coming down.
IRL > ERL
I am looking for price to go from an interior raid on LQ to an external raid on LQ.
I'm also looking for bearish PD Arrays to be respected... like the -FVG price is currently in.
But who knows what the news will bring.
DXY LongDXY Long.
Dxy is action to the resistance so maybe we retrace before starting the long
trend line.
DXY/USD Next week expect DXY 4H Support level 100.40 - 100.69
Resistance level 106.53 - 107.6
USD currently near support level. But didnt broke. it means
100.40 - 100.69 Still Valid as a support.
Still have Buy possibility USD pairs.
Us Dollar Weakness - Will Price Drop To $100 Again?The US dollar experienced a notable 1.3% drop at the end of last week, following a 0.49% gap down on Thursday. In contrast, the S&P 500 gained 0.3% on Thursday and 2.49% over the week.
Since September 2022, the dollar has been volatile, falling 13% from a high of $114, briefly dipping below $100, then recovering 7%, and falling again by 4.8%. This erratic behavior makes it hard to predict the dollar's future movements.
The dollar's latest decline suggests it might retest the $100 level, a crucial support zone. If the dollar starts to rise, surpassing the October high of $107 will be critical, as it could signal a shift from the current downward trend to a potential upward trend.
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DXY Dollar index LongDXY Dollar index Long:
i think if it brake the last downtrend line it could see the value 110.
so : all the crypto market is going down.
the USD will be strong in forex market.
U.S Dollar Index LongU.S Dollar Index Long:
after brake the trend line and see the purple rectangle is as resistance.
Confirming the buying Signal on the US Dollar Index Futures Hello enveryone,
I would like to revisit my previous idea and confirm a long signal for the same reason.
As mentioned in the chart, we observe the second pullback close to the trendline with significant volume. This indicates a buying opportunity with a risk-reward ratio of 3.
In this trade, we have a high probability and a favorable risk-reward ratio, encouraging most traders to invest in this index. The target is set at $104,830 for a couple of days (Swing trade).
Ibrouri
US Dollar 4-HOUR VIEWHello everyone,
I would like to share a significant analysis of an important index for all markets—the US Dollar Index Futures.
Firstly, in terms of technical analysis, we observe a clear breakout of the yellow trend followed by a pullback with significant volume. This indicates a long potential to the 1.618 Fibonacci level, which is $104,830 as a target.
What makes this index particularly crucial is its correlation with all other markets. Therefore, in the next few days, we can expect a decline in most stock markets, CFDs, and indices (S&P, NQ, YM), but an upside for the US Dollar Index.
Ibrouri
DXY in Phase C with spring?The DXY looks to be in a 9 year accumulation/distribution structure. We are currently in a retest phase for the last 2 years with the last year being a trading range that looks to be in phase C with a spring. Everyone is bearish the $$$, the BRICS are gonna start their own currency, printing $$$ like crazy and we are all gonna die. Maybe not.
Gold Has Broken and Is Staying Above US$2,000Why has gold broken above the $2,000 level? And why is it likely to stay this way for a long time?
This is because the USD has been weakening since October, and we can observe an inverse relationship between them during this period, as well as in previous periods.
Micro Gold Futures & Its Minimum Fluctuation
0.10 per troy ounce = $1.00
Code: MGC
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US Dollar Index (DXY)Don't forget that everything is linked.
" BTC down.
World Economy Down.
strengthening Dollar index to rebuy lower stocks. "
Happy Tr4Ding !
