[DXY] Due for pullbackThis is TVC:DXY 4 hr chart. The price has been on rocket boost for 17 days now without any pullback....which is too hot, IMO. With price and MACD now making some divergent & the need to cool off some of the heat, we could see some pullback. Cherio...Shortby moressay0
Waiting for the DXY correction H4. 17.10.2024 Waiting for the DXY correction Ahead of the ECB meeting, the dollar index has reached a strong rotation level of 103.57 and the main question is whether there will be a reaction and correction downwards! There is also a spare resistance level at 104.20 and I do not rule out reaching it and then a serious correction to at least 102.28. There will definitely be volatility and it is important to watch the reaction through other currencies. TVC:DXY Shortby KovachTrader5
DXY : What to anticipateSome of you may have seen the 'free gift' yesterday before it was deleted - the lucky few. Anyway, let's talk about the DXY. It has been some time. Some traders quite like this method called Elliot Wave. It is truly useless simply because you do not know EXACTLY where the price might end up. Only after the fact can these followers fool themselves when they see their ABCDE123 pattern. Now I bet you they are quite clueless about the DXY. How about the simple 'D' - I am sure this is simpler. Whether it works, you should know by now. DXY had by now bounced at 100.0 By the look of it, it can go very high. I am anticipating 120/6 - this follows the pattern as can be seen in the chart. Good luck - may we make a lots of MONEY.Longby i_am_siew3
DXY-SELL strategy 6-hourlyI feel in coming sessions, the DXY will recover downwards. the stochastic and SMI, plus RSI are showing we overbought, and requires corrections short-term. Strategy SELL current @ 103.50-103.65 and take profit above 102.83. SL based on your personal risk parameters. Shortby peterbokma1
Always learning new things as I check for my mistakes!Had a stoploss a very nice one, don't worry I followed my plan and just lost 1% of my account no big deal. These past weeks, I have notice that every time that DXY is not aligned with EUR/USD price always goes contrary to manipulation. For example, in EU we can see that price manipulated a high, but DXY didn't meaning DXY is supported by an order block. Same happens when DXY manipulates a high or low and EU doesn't manipulate any high or low this means EU is supported by an order block. In Conclusion this is called divergence and every time we see divergence we go contrary to manipulation. Note: Here you are seeing the DXY chart inverted, this way you'll be able to find divergences easily.by RentCash6
DXYWe can see that the DXY broke the left leg nicely and am expecting the pullback to the neackline of the W pattern formation. before a nice continuation to the bearish side. some little push to the neckline.Longby Primus0725Updated 1
Is DXY ready to descend below 100?What I can see in chart; in Weekly timeframe DXY is in range however in Daily timeframe we are bearish. I expect to have range for days in this level and have manipulation to reverse and continue to descend to hit lower levels. Shortby POUX229
DXY: Market Is Looking Up! Buy! 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 upside. So we are locally bullish biased and the target for the long trade is 103.601 Wish you good luck in trading to you all!Longby XauusdGoldForexSignals113
Is on a weekly Ichimoku SSB, might go downThe indice is now on a weekly senkou span b line so I think it could go down.Shortby trader779740
DXY USDOLLAR Supply Demand Analysis-Price inside daily/weekly supply + trend = sideways. -Buyers still in control wait for selling confirmation of price breaking upward trend lines + removing opposing pivot demand zones. -We could see price break to the upside and then reverse (liquidity search/stop run).by MoneyballAustin2
Check the trend According to the behavior of the price in the current resistance range, possible scenarios have been identified. It is expected that a change in the trend will take place and we will see the beginning of the correction processby STPFOREX0
Why So Quite? Hey everyone, I hope and trust you're all doing well and enjoying these markets. I know I've been silent over the last few weeks and there is a very good reason for that. I am currently writing my annual assessments and it is quite extensive and the preparation is quite time consuming. For this reason I thought it best to take a short break from writing and recording content just until I finished up. To be honest I really miss interacting with you all and I look forward to getting back to these markets. Be safe, trade well and make money Regards Deanby DeanMuller1
Why So Quite? Hey everyone, I hope and trust you're all doing well and enjoying these markets. I know I've been silent over the last few weeks and there is a very good reason for that. I am currently writing my annual assessments and it is quite extensive and the preparation is quite time consuming. For this reason I thought it best to take a short break from writing and recording content just until I finished up. To be honest I really miss interacting with you all and I look forward to getting back to these markets. Be safe, trade well and make money Regards Deanby DeanMuller0
DXY: 15M ChartI’m anticipating a gap up into intraday resistance, followed by a relatively quick retracement to fill the gap. Once the gap is filled, I'm looking for bullish continuation as buyers regain control. This setup presents a solid opportunity to enter long positions during the pullback, with a focus on capturing the potential upward momentum after the initial retrace.Longby trader9224Updated 3
DXY Decision Time & Prediction of the marketsDXY is currently hit to weekly equilibrium. I believe we are about to see little retracement upcoming days. It would be good for stocks-risk assests. We may see strong rejection and starts another bearish daily trend. (red scenario) Or we may see contination of uptrend (blue scenario). This will be depend on mostly geopolitical risks and US elections on november. I am positioning myself for bearish DXY scenario.by UA_CAPITAL0
DXYDXY Huge Short! SELL! 🔥My dear friends, DXY looks set to make a good move and here are the details: The market is trading at the pivot level of 103,290. Bias - Bearish ——————————— 👉#DXY 💹Time frame: 1H (signal)Shortby SANDOVSKI6
DXY SELL ANALYSIS RISING WEDGE PATTERNHere on Dxy price has form a rising wedge pattern and now broken line 103.111 so there is a chance of falling so trader should go for SHORT with expected profit target of 102.740 and 102.291 . Use money managementShortby FrankFx146
DXY Possible Bullish Flag Resolution (Long)Hi Traders, Spotted a bullish flag here on DXY 4H. Let's see if this shoots up. On a Weekly the index has broken out of a bullish wedge having a great momentum so far. There's still some room to go higher. Good luck. TonyLongby AATONYUpdated 113
DXY Is Going Down! Short! Here is our detailed technical review for DXY. Time Frame: 10h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The price is testing a key resistance 103.181. Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 102.300 level. 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!Shortby SignalProvider113
DXY: Local Correction Ahead! 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 103.008 Wish you good luck in trading to you all!Shortby XauusdGoldForexSignals113
US DOLLAR pullback start? I think YESHi everyone, So I think this could be the pullback, I am in the sell since yesterday. TVC:DXY Shortby ChameleonInvestments1
DXY - Dollar Index 4H bearish setupThe TVC:DXY is showing potential for a bearish reversal after its recent rise. Technically, DXY has bounced back to a key resistance zone after a major fall, reaching the order block from the last leg down. The failure to break significantly higher from this resistance suggests the possibility of another downward move. Liquidity grabs above the resistance zone further support this bearish outlook. However, a small bounce within the resistance zone before another fall is still possible as liquidity is gathered from the upside. Fundamentally, several factors are influencing the bearish sentiment for the USD. The Federal Reserve’s ongoing easing cycle and the potential for further interest rate cuts weaken the dollar, especially as inflation pressures remain subdued. Other central banks, including the ECB, have cut rates, increasing the interest rate gap with the USD, which could further reduce demand for the dollarShortby Sober_Trading8
DeGRAM | DXY strong resistanceDXY is moving above the descending channel between the trend lines. The chart has broken the descending structure. The price has reached an important psychological resistance level. We expect a decline if the chart fails to consolidate above the current level. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!Shortby DeGRAM1110