THE US DOLLAR is still King?The US Dollar Index has found support near all that former resistance from the past decade. The polarity here in the US Dollar is very real.
DXY trade ideas
Caution With $DXY At SupportThe TVC:DXY is touching the 200 week moving average and also the median of the bear pitchfork. Double support usually provide a bounce, those who are bullish the 50 basis cut might be trapped and rekt.
😱 COLLAPSE OF THE DOLLAR 2022 - 2045 - END OF EMPIREHello ladies and gentlemen! I bring to your attention my very global view of the US dollar solely from the point of view of technical analysis, namely the Elliot wave theory.
The graph shows the projection of the missing waves in the impulse of the supercycle - I-II-III-IV-V, the impulse is fully completed and ended back in 1985.
In my opinion, from the point of view of technical analysis and the Elliot wave theory itself, a zigzag has been forming globally on the US dollar index in the corrective phase since 1985, with a triangle in wave-(b). The ultimate goal of this zigzag is a collapse of the dollar index by minus -80% from ATH.
Ultimately, the Fed will lose in the fight against inflation, after the triangle is fully formed, a descending impulse five will begin in wave-(c) of the zigzag, I believe around 2030 plus or minus the triangle will be broken down, this will be a distress signal and confirmation I'm right, from now on, save your savings, because after the dollar index finds a bottom in the region of 20-30 points, for 100 dollars you can only buy a roll of toilet paper. BRENT oil will be $300-400 per barrel, and gold $5,000-6,000 a troy ounce, and that's even better. Naturally, after this collapse, the dollar will lose its status as the world's main reserve currency, the economy will stagnate amid hyperinflation, it will be many times worse than the Great Depression, and the markets will remember this apocalypse for a long time.
After the collapse of the US dollar, a new world order will be established, there will be a new leader and a new major world reserve currency. I believe this will end the approximately 250 year dollar cycle and the US Dollar Index will never again update its ATH.
❌ This trade idea should be reconsidered if DXY exceeds the 121 level, which is unlikely in my opinion. In this case, it will definitely not be a triangle.
This is my purely personal author's opinion, whether you share it with me or not is your own business, always think with your own head - I wish you good luck!
DXYDxy overall is uptrend as we can see dxy is finishing making a pullback which means next week we may see USD to be strong and we countinue to buy usd/jpy,sell gbp/usd and so on.have a good day
Dxy could rally on Monday Obviously, we tapped into our h4 demand area. W reversal pattern has been formed, its only right to buy and not sell .
Depreciation of DXYGeopolitical conditions can help to increase the value of the currency to some extent, but eventually it will face a decrease in value. In this analysis, I compared different currency pairs such as EURUSD, GBPUSD, NZDUSD, AUDUSD with DXY, and the result is a decrease in the value of the dollar and a return to the previous value. Yes, we may see other short-term increases, but eventually the dollar will cause the growth of other currencies by reducing its price.
Sasha Charkhchian
DXY Approaching a critical zone. After breaking down from its 2023 trendline, the DXY has rallied back to a convergence point at 104. This level is now a major pivot; if we start to see weakness and a breakdown through this zone into November, it could provide a much-needed tailwind for risk assets. My target on the downside is around 95-97, a level that could align with the top of the current crypto bull run.
Keeping an eye on this level is essential, especially as we move toward the anticipated Q1-Q2 cycle top in crypto. Watching for any signs of reversal or further strength here to guide broader market positioning.
DXY Will Grow! Buy!
Hello,Traders!
DXY is trading in an
Uptrend and the index
Is already making a bullish
Rebound from the rising
Support line so we will
Be expecting a further
Bullish move up
Buy!
Like, comment and subscribe to help us grow!
Check out other forecasts below too!
Dxy is bullish (perfect trend)We have seen a positive reaction to the upside as we close the trading week📈⬆️.
Price had two trading zones that both meet the criteria for a probable setup☑️📝, and we have seen a reaction from zone 1 after sellside liquidity was taken. Price went on to break structure giving a bullish market structure shift and a new trading zone.
We might see price rise further to the upside until it reaches an unmitigated supply zone.
End of week review: DXY As we reach the week's closing, the dollar is expected to create another swing high here.
With the supply in place after reaching a take profit level, it may be expected to be a failure to reach a higher high.
We will see come next week what they decide on 🧐
Dollar Index - Election Years Comes With Volatile SwingsThe U.S. Dollar Index tracks the strength of the dollar against a basket of major currencies. DXY was originally developed by the U.S. Federal Reserve in 1973 to provide an external bilateral trade-weighted average value of the U.S. dollar against global currencies. U.S. Dollar Index goes up when the U.S. dollar gains "strength" (value), compared to other currencies. The following six currencies are used to calculate the index:
Euro (EUR) 57.6% weight
Japanese yen (JPY) 13.6% weight
Pound sterling (GBP) 11.9% weight
Canadian dollar (CAD) 9.1% weight
Swedish krona (SEK) 4.2% weight
Swiss franc (CHF) 3.6% weight
US Dollar Slips, Business Spending Rises: The dollar edges lower despite a 4-week winning streak, as positive economic data dampens rate cut expectations.
US business spending plans exceed expectations, while German business sentiment improves.
50/50 going into next week even though business has been conducted @ 104.450. There is still the potential for next weeks price action to attack the daily order block @ 104.801 whilst punishing buyers by continuing to sell-off to 103.444, a target previously mentioned last week.
Gold, DXY & USDJPY UpdateVery dull market conditions today. Not much price difference for the Dollar, Gold & USDJPY. Markets have been ranging for the past 2 days.
We should see price volatility pick up again from Monday.
Unmasking DXY's Bullish Potential with Volume ProfileH ello,
The unusually high market activity around the 100.5 level indicated strong bullish accumulation. The yellow ellipses highlight the volume and price levels. You can see that volume decreases both above and below this key level. This accumulation is evident because the price broke out of a bullish consolidation pattern, as shown in the left yellow circle, reaching a high of 103.9, indicated by the yellow line. This is the current level, where you may notice exceptionally high market activity. As the price remains above the green demand zone, the red supply zone may be tested, as suggested by the volume profile.
Regards,
Ely
US DOLLAR time to SHORT?Hi Everyone!
Excited to update a confirming possible longer higher time frame pullback on DXY, please refer back to my 2 education videos on TVC:DXY to see that what is happening now was indeed a possibility.
I have another CAPITALCOM:SILVER trade on, Im sorry I did not have time to immediately update it here. We have a mine structure break on M5, which I cannot post for some reason because the time frame is too small.
But its there, there is a confirmed structure break on Silver, Basically the important price level that must hold is right around 33.250. I Need to update a silver chart for you all. Because if price pullbacks in this zone, this will all of yalls opportunity to buy there again for a smaller Stop loss.
Dollar Holding Steady For The Fourth Consecutive Week, Now What?Hey there,
It's been a while since we saw the dollar run as smoothly as its running now, recovering more than 50% of its value since last quarter.
However, this growth doesn't come without a concerning question, how sustainable is this run?
With key payroll and inflation data due next week while also moving closer to the election we're likely to see a very active market in the coming weeks.
So, to get an idea of whats happening and what you should prepare for check out today's video and begin taking advantage.
DXY at support after hitting major trend lineIntraday Update: The US Dollar index is at channel support into the end of the week, so a decisive break of the 103.98 level could usher in some selling into week end. But bears should be cautious here at support.
DXY: Strong Bearish Bias! Sell!
Welcome to our daily DXY prediction!
We made our analysis today using SMC and ICT trading theories, which, combined with our trading experience all point to the downside. So we are locally bearish biased and the target for the short trade is 103.908
Wish you good luck in trading to you all!
US $ DXY & BRICKS 2025 Q1HELLO TRADERS
As I can see DXY tested a resistance zone and a down trend line on 3rd test technically high chances to drop DXY incoming days fib retracement is also another indication technically on daily charts next rate cuts coming soon US Elections a week ahead world geopolitical wars remember wars not a single war only escalating day by day Putin War in Ukraine and north Korea officially Involvement & Bricks with US 35 Trillion Debt all these things are behind the charts too noting hidden DE-DOLLARIZEING so it's a great opportunity to join the rally and bull Rally to Crypto markets ^ energy with commodities more new ATH Coming banks and Institutions are accumulating shiny metal. Technically + fundamentally with a low risk and looking for bigger rewards its a great trade idea in my view what's Ur friends we love your support don't forget to boost if you really love our given analysis its always be appreciate Ur comments and share which gave us more energy to bring u incoming great markets updates technically and fundamentally
Make a proper search before any trade
Stay Tuned
End of the week market analysis25th October
DXY: Consolidating along 104 round number (50% fib retracement) could trade down to 103.85 price level
NZDUSD: Sell 0.5970 SL 20 TP 55
AUDUSD: Sell 0.6610 SL 20 TP 40
GBPUSD: Sell 1.30 SL 25 TP 90
EURUSD: Looking for reaction around 1.0840
USDJPY: Buy 152.20 SL 40 TP 100
USDCHF: Do Nothing
USDCAD: Looking for bounce, retail sales data pending Buy 1.3825 SL 15 TP 40
Gold: Likely to fluctuate between 2700 and 2740 while directional bias develops
USD Ready to Surge? Technical Setup Shows Big Potential for DXYTrend Overview:
The DXY (US Dollar Index) is currently trading at 103.706, showing a clear potential for a bullish breakout. Based on the chart:
The downtrend has been respected with a descending trendline starting from the highs around 115.000, but it is currently testing the trendline resistance. If the price can break above this descending trendline, it signals a reversal of the long-term bearish momentum.
There is a possible inverse head and shoulders pattern, which is a strong reversal pattern in technical analysis, further indicating a potential bullish move.
Key Levels:
Buy Level:
Suggested entry for a long position is around 103.500, as the price has breached a significant resistance zone and the volume profile shows increased activity around this price level.
Stop Loss:
To manage risk, the recommended stop loss is at 102.500, positioned below recent support zones, ensuring a safe distance from potential pullbacks.
Take Profit Zone:
The next major resistance zone lies around 106.000 and higher towards 108.000, which offers a good reward-to-risk ratio for this trade.
Volume Profile:
The volume profile shows that a significant amount of trading volume has taken place around the current price levels, suggesting strong institutional participation. If the price breaks above the trendline with higher volume, it may accelerate upward movement.
Market Sentiment:
Given the potential breakout from the inverse head and shoulders, and the fact that the DXY has held support around 103.000, this suggests growing bullish sentiment.
The chart structure and volume activity indicate this is a favorable setup to enter a buy position.
Disclaimer:
The information provided is for educational purposes only and does not constitute financial advice. Always perform your own analysis and consult with a financial advisor before making investment decisions. The content creator is not liable for any losses incurred from trading based on this information. Illegal financial activities will be prosecuted in this world and carry spiritual consequences in the afterlife.
Bullish bounce?US Dollar Index (DXY) is falling towards the pivot which has been identified as an overlap support and could bounce to the 1st resistance.
Pivot: 103.83
1st Support: 103.38
1st Resistance: 104.42
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DXY Gap Up Trade Plan (Sell the Gap)The plan anticipates a gap up in the DXY at the market open, where bullish momentum from recent economic data might drive initial upward movement. However, given the overextension of the index in recent sessions, the strategy is to sell into this gap, expecting the market to retrace to fill it, and possibly continue lower.
A deep analysis on the U.S. DollarThe dollar has been strong in recent weeks, considering that the two indicators I find very impactful for the dollar, the ADP Non-Farm Employment Change and the Non-Farm Employment Change, came in much higher than expected, leading the dollar to recover about 80% of the previous drop.
Note: These two indicators will be published next week, with the ADP Non-Farm Employment Change on Wednesday and the Non-Farm Employment Change on Friday, and the forecast for both is negative.
POV: According to the weekly DXY chart, the dollar is recovering from the previous drop, and as you can see, it has found a very strong resistance zone at 104.108, which could be a lower high compared to the previous one.
If employment data comes in below expectations, the dollar will experience a sharp drop, considering there is a large gap at 102.100.
If the data comes in higher than expected, the market may continue to decline to fill the gap at 102.100 and then resume its upward movement.
Finally, I still believe in the long-term decline of the dollar.
