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US DOLLAR CURRENCY INDEXUS DOLLAR CURRENCY INDEXUS DOLLAR CURRENCY INDEX

US DOLLAR CURRENCY INDEX

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DXY trade ideas

DXY ELLIOTT WAVE ANALYSIS: 07 JAN, 2024 - BEARISH©Master of Elliott Wave: Hua (Shane) Cuong, CEWA-Master. Wave B-grey has just completed a corrective wave labeled ((a))((b))((c))-navy and wave ((c))-navy has completed a full five-waves in a Zigzag (5-3-5) pattern, so wave C-grey could be back to push lower. But it is too early to conclude such a major bearish trend. On the other hand, the shorter-term outlook suggests we may head down to the 105.420 area, while price must remain below 109.533 to maintain this view.
TVC:DXYShort
by ShaneHua
1
Levels discussed on 20th Jan 2025 Livestream20th January 2025 DXY: Currently below 109.40, break above, could trade up to 110 (previous swing high), beyond that, strong resistance at 111 NZDUSD: Sell 0.5575 SL 25 TP 60 AUDUSD: Sell 0.6170 SL 15 TP 40 GBPUSD: Sell 1.2150 SL 15 TP 40 EURUSD: Sell 1.0310 SL 30 TP 110 USDJPY: Buy 156.70 SL 40 TP 120 EURJPY: Sell 161.10 SL 40 TP 120 GBPJPY: Looking for reaction at 191.15 USDCHF: Choppy between 0.91 and 0.9150 USDCAD: Buy 1.4480 SL 30 TP 60 XAUUSD: Needs to stay above 2694 (trendline) to trade up to 2722 resistance
TVC:DXY
by JinDao_Tai
DXY Dive Incoming? Watch the Liquidity Zones!From the higher timeframe perspective, DXY is currently hovering within a key monthly Fair Value Gap (FVG), marked in red. This zone serves as a critical point of interest and could dictate the next directional bias for the dollar. Key Observations: Current FVG Zone: -Price is consolidating within the monthly FVG. A close below this zone would provide stronger confirmation of a bearish move targeting lower liquidity levels. Bearish Bias: -The recent price action indicates weakness as sellside liquidity (SSL) is beginning to show signs of attraction. -The presence of significant sellside liquidity targets below, including: -105.411 (Weekly SSL - Sweep) -103.370 (Weekly SSL - Next Zone) -100.215 (Major Daily SSL Zone) Messy Market Conditions: -Due to fluctuating macroeconomic factors, including USD news events, we may observe temporary rallies or retracements. However, these are likely to form lower highs before continuing the descent. Confirmation Levels: -Bearish Confirmation: A daily or weekly close below the monthly FVG would solidify the bearish case, signaling that sellside liquidity at 105.411 and lower levels are likely next. -Bullish Risk: If the current FVG holds as support and price pushes higher, we could see an attempt to retest higher zones (e.g., 109.535) before resuming downside momentum. Conclusion: The expectation is for DXY to drop towards sellside liquidity levels at 105.411, 103.370, and potentially as low as 100.215. However, traders should await a clean confirmation (such as a close below the monthly FVG) to validate the move. DYOR (Do Your Own Research) and trade safely amidst potential market volatility! Let me know if you'd like any refinements!
TVC:DXYShort
by INSIDER_INTEL
DXY Trading Journal DXY Trading Journal Jan 19 Price is delivering to a discount on the Previous weeks range in a consolidation pattern since Wednesday. Cool to see Price react at the event horizon level-marked in RED DOTTED LINE, as well as the NWOG reactions. By Friday Price broke the equal highs and poked above the 50%. For the week I suspect Price will seek higher prices. Target is the clean equal highs and the 15M FVG to rebalance for the week ahead delivery. Jan 20 ideas My analysis leads me to expect that Price is delivering to Premium from Fridays range and Price should seek lower prices in Asia and in London to take the equal lows/15M FVG before seeking higher Prices. Trump is going into office tomorrow be nimble because Price is on the 50% and Price could bull rally tomorrow to.
TVC:DXY
by LParnell
DXY Trading JournalDXY Trading Journal Jan19 Weekly Analysis Price is delivering to a premium on the M, W and daily. Price is rebalancing a Monthly SIBI and wicked up to the .70 HTF level. Price did seek lower prices last week rebalancing a daily FVG from Jan 8. and inefficient delivered price-volume imbalance from Jan 9. Friday Price bounced off the .618 and taking buy side liquidity, while creating clean equal lows. Trump takes to office Monday. WEF orange folder all week. Friday heavy news day.
TVC:DXY
by LParnell