Weekly overview and weekly updateIn this video, I break down my loses and explain why I went wrong. I also provide an update for the week and long turn predictions.15:19by darrenblignaut781
DOLLAR TREND REVERSAL? 📉 The DXY has reached a key demand zone—is this the perfect buying opportunity? Liquidity grab & reversal incoming? 📊🔄 🔍 Market Insights: ✅ Support Zone: 102.28 - 102.96 🟡 ✅ Bullish Bounce Expected 📈—Targeting 105.42 - 106.13 🎯 ✅ Smart Money Accumulation? Watch for a liquidity sweep & strong upside! 🚀 💬 What’s your take? Drop your analysis in the comments! Let’s trade smart together! 🔥📊 #Forex #DXY #USDollar #Trading #MarketAnalysis #GreenFireForex by Greenfireforex2
DOLLAR DOMINANCE or DIVE? --- 🚀 📉💰 🔥 The DXY (US Dollar Index) is at a CRUCIAL turning point! After completing a 5-wave Elliott structure, is the biggest correction about to begin? 📊📉 🔍 Key Levels & Insights: ⚡ Major Resistance at Wave 5 – Rejection confirmed! ❌ ⚡ 12% Drop Incoming? The corrective A-B-C wave could shake the markets! 🌊 ⚡ Smart Money Watchlist – Will the Dollar Bulls hold, or are the Bears ready to take control? 🐂 vs. 🐻 📢 What’s your take? Drop your analysis in the comments! Let's decode the market together! 🔥🔍 #Forex #DXY #ElliottWave #USD #MarketAnalysis #Dollar by Greenfireforex1
Gold Tracks Purchasing Power (updated)YES, gold does track your purchasing power over LONG PERIODS of time. It tracks the inflation ADJUSTED US Dollar more accurately than it does either the US Dollar OR Inflation. It is a better way to understand macro tides which move the price of gold. While there are periods of lower/diminishing correlation... you should really keep your eye on what has been happening now! Gold has been in a period of INCREASING, statistically significative correlation with Purchasing Power. WHAT DOES THIS MEAN? Well, when gold sniffs out the end of the current rally for US Dollar versus Inflation, then it will tell us on its price chart. You might want to reshare this post and maybe pin it. I will. ======== Below is why I did this post. What makes gold move? I see soo many focus too much on either inflation or the US Dollar. They are often wrong for 2 reasons: 1- Gold tracks neither per say, but inflation adjusted US Dollar (purchasing power). 2- Gold has a tendency to move 3 to 6 months ahead of the next move in purchasing power. Use charts for unbiased, objective evidence gathering. Forget headline news, stories, and narratives.by Badcharts2
DXY March 16 Analysis DXY March 16 Analysis Price parent bias is bear Price is Discount M/W/D Previous session premium and discount on the daily range March 15 delivery Price delivering in a premium, taking buy stops hitting the .618 before turning around passing through the 50 to seek lower prices taking sell stops from the previous session March 17 delivery I suspect that Price could come up to the buy side target at the .618 and turn around? Wait for more tomorrow after Sundays dealers range and evaluate before Asia session. Note Price broke structure and bounced off the .70 My Model Factors Bias for Asia to London bull Price will have to do the following for me to trade *session liquidity taken *macro time only *first presented FVG *4 candle pattern *hour analysis down to 1 min every 15 minutes *every hour mark out what price has done Stay open to build narrative once Asia opens. Stay open to reading price deliverby LeanLena0
DXY Will Move Higher! Long! Here is our detailed technical review for DXY. Time Frame: 2h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is trading around a solid horizontal structure 103.733. The above observations make me that the market will inevitably achieve 104.118 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. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. Like and subscribe and comment my ideas if you enjoy them!Longby SignalProvider114
DXY Potential Reversal: Eyeing a Break Above 104.20Market Structure & Trendline Break The US Dollar Index (DXY) recently broke out of its descending trendline on the 15-minute chart. This signals a potential shift from the prior downtrend into a short-term bullish phase. After bouncing from the key support around 103.40–103.50, price is now hovering near 104.00. Key Support & Resistance Levels Support Zones: 103.40–103.50: Recent swing low and demand area. If price falls below this zone, it would weaken the bullish case and could lead to a retest of the 103.00 area. 102.80–103.00: Major support if the 103.40 zone fails. Resistance Zones: 104.20–104.30: Minor resistance just above the current market price. 104.60–104.80: Next hurdle if DXY gains momentum. A clear break above 104.80 could open the path toward 105.00 and beyond. Trading Plan Bullish Scenario Entry: Consider longs on a confirmed break or retest of 104.00–104.20. Targets: First target around 104.60 Second target around 105.00 Stop Loss: Below 103.40, to invalidate the bullish structure. Bearish Scenario If price fails to break 104.20 and moves back under 103.40, watch for a retest from below to consider short positions. Downside targets could be 103.00 or even 102.80 if the selling accelerates. Overall Bias The short-term momentum has shifted bullish with the trendline break and higher lows forming. Keep an eye on major resistance levels around 104.20 and 104.60 to see if DXY can sustain its upward move. A failure to hold above 103.40 would negate the bullish setup. Always remember to manage your risk appropriately. Use stop losses, size your trades responsibly, and adjust targets based on market conditions.Longby ayushpanchal922
Dxy longMy dxy bias is to go bullish from 103.945 to 109.210. I expect my bias to be invalidated from the below price 102.945Longby olamurphy651
DXY Potential Scenario - 15 March Technical - 1ST Scenario : Price will sweep Previous Week Low. inside weekly BPR -2ND Scenario : Price moving from the same level too filling this massive liquidity voids Fundamental -Investors still do not trust Trump’s policies due to the numerous irrational decisions imposed by the U.S. on other countries regarding tariffs. -The U.S. is still trying to stop the wars between Russia and Ukraine, as well as Israel and Palestine. -At the same time, the U.S. is clearly waging economic wars against other countries. -Let’s see, despite the positive inflation data, whether interest rates will remain stable or decreaseLongby Liquidity_Taker_5
DXY in monthly chart (An idea for decades) Hello What I want to discuss might be a little confusing for some you or unrealistic for other ones but I myself believe in it. I do not talk about Fundamental or any logics stand behind this chart but it's just an analysis in the aspect of EW. Dollar started its rally from 2008 and what has made is definitely a motive wave that can be wave 1 or in bigger scale wave A. If we consider it as wave 1/A which has taken 5300 days to finish so we can expect a reasonable correction for its wave 2/B even it becomes a Zigzag. It means that I expect more complex pattern for wave 2/B. Next point is the structure of wave 1/A which makes me anxious because if it was wave A what would happen after its wave C. To be simpler, if it is wave A, so we are in a bearish ABC for DXY and after this correction completes it must continue its bearish trend to ZERO that is impossible. Some say that it happens when Dollar is replaced with something else but I am not sure about it. The Second scenario is that it is wave 1 bullish and after this correction (in where we are now) the biggest rally starts for Dollar. It may take a few years to be disclosed. Thanks Thanks by AMA_FXUpdated 227
$DXY IdeaFor the DXY, on the monthly chart, we remain in a consolidation bias, as the price is trapped within a range formed by two FVGs. However, when analyzing the yearly candles, we notice a macro bearish bias, since the 2025 candle has swept the 2024 high and is now targeting the annual lows. Since we trade intraday, it is essential to analyze other timeframes to confirm a trading bias. On the weekly chart, we observe that last week's candle swept the previous week's low and closed within the range, indicating a potential correction. This makes sense, as the DXY has extended significantly in recent weeks and is currently discounted, which may lead the price to a premium zone before resuming its downtrend, in line with our macro bias. Additionally, based on the economic calendar, there is a possibility that the weekly low will be formed on Monday, which could create an opportunity for a counter-trend trade at the beginning of the week. However, this type of trade carries high risk, requiring caution and confirmation before entry. For this week, we are looking for bullish opportunities up to equilibrium or until the price shows resistance to continue rising. However, this initial outlook will only be confirmed as price action develops throughout the week. It is also important to note that this will be a challenging week, due to a lack of significant news events and a Federal Reserve speech on interest rates, which could significantly impact the market and increase volatility.Longby Pilucax3
DXY Analysis – Key Market Structure Levels📌 D1 Timeframe: - The price is currently in a discount zone and has reacted to a Balanced Price Range (BPR) on the monthly timeframe . - If bullish momentum builds from this level, potential targets include: - D1 premium zone - Order block within the balanced price range - 4H order blocks as key areas of interest 📌 Monthly Timeframe Confluence: - The Balanced Price Range (BPR) aligns with ICT Stup , Fibonacci 0.705 - 0.79 retracement levels , and key liquidity areas. - If price holds above discount levels , we may see a move towards the 110.157 target zone . 🔍 Market Outlook: Short-term bullish bias as long as discount levels hold. Price action confirmation is needed before considering entries. ⚠ Risk Warning: Trading involves a high level of risk and may not be suitable for all investors. Always do your own research and manage your risk accordingly. ✅ If you find this analysis useful, don’t forget to subscribe and hit the "Boost" button to support the page!Longby Rahmatullayev_Halilulloh5
DXY BULLISHHello traders, hope we all had an eventful week. In the coming weeks we will be seeing a bullish move in DXY, which will also create a bullish momentum for all USD pairs. Trade safe!Longby Forexrein2
Dollar Index (DXY): Bullish Reversal is Coming?! Dollar Index is stuck on a key daily horizontal support. Analyzing the intraday time frames, I spotted an inverted head & shoulders pattern on a 4H. Its neckline breakout will be an important event that will signify a bullish reversal. The index will continue recovering then. Alternatively, a bearish breakout of the underlined blue support will push the prices lower. ❤️Please, support my work with like, thank you!❤️ Longby VasilyTrader3327
DXY - local reboundWe have entered the full moon phase, I am waiting for a local rebound both in DXY and in everything else, this could take from a few days to a few weeks.Longby kfmn4
DXY Dollar Index Market Bearish Heist Plan🌟Hi! Hola! Ola! Bonjour! Hallo!🌟 Dear Money Makers & Robbers, 🤑 💰🐱👤🐱🏍 Based on 🔥Thief Trading style technical and fundamental analysis🔥, here is our master plan to heist the DXY Dollar Index Market. Please adhere to the strategy I've outlined in the chart, which emphasizes short entry. Our aim is the high-risk Green Zone. Risky level, oversold market, consolidation, trend reversal, trap at the level where traders and bullish thieves are getting stronger. 🏆💸Book Profits Be wealthy and safe trade.💪🏆🎉 Entry 📈 : "The heist is on! Wait for the breakout (37800) then make your move - Bearish profits await!" however I advise placing Sell Stop Orders below the breakout MA or Place Sell limit orders within a 15 or 30 minute timeframe. Entry from the most recent or closest low or high level should be in retest. I Highly recommended you to put alert in your chart. Stop Loss 🛑: Thief SL placed at 38500 (swing Trade Basis) Using the 4H period, the recent / swing high or low level. SL is based on your risk of the trade, lot size and how many multiple orders you have to take. Target 🎯: 36500 (or) Escape Before the Target 🧲Scalpers, take note 👀 : only scalp on the Short side. If you have a lot of money, you can go straight away; if not, you can join swing traders and carry out the robbery plan. Use trailing SL to safeguard your money 💰. 📰🗞️Fundamental, Macro, COT, Sentimental Outlook: DXY Dollar Index Market is currently experiencing a Bearish trend., driven by several key factors. ⚡Fundamental Analysis Fundamental factors driving DXY focus on U.S. economic conditions, Fed policy, and global currency dynamics. Interest Rates: U.S. Federal Reserve: Rates steady at 3-3.5%, down from 2024’s 4.5-5%. Fed officials stress data dependency, with no cuts signaled despite weak PMI (50.4) and jobless claims (219,000 vs. 215,000 forecast). Real yields (10-year Treasury at 3.8%, ~1% inflation-adjusted) support USD. Other Countries: ECB at 2.5%, BoJ at 0.25-0.5%, BoE at 4-4.5%—U.S. yield advantage persists, though narrowing. Impact: Bullish for DXY, tempered by global easing. Inflation: U.S.: PCE at 2.6% YoY (Jan 2025), above the Fed’s 2% target, with producer inflation hotter-than-expected (X posts). Inflation fears linger, supporting USD. Other Countries: Eurozone at 2.8%, Japan at 2.5%, UK at 2.5-3%—global inflation pressures USD rivals less. Impact: Bullish, as U.S. inflation sustains Fed hawkishness. Economic Growth: U.S.: Mixed signals—PMI at 50.4 (near stagnation), jobless claims up, but ADP jobs beat at 183,000 (Jan 2025). Tariffs add uncertainty. Other Countries: China at 4.5% (slowing), Eurozone at 1.2%, Japan at 1%—U.S. outperforms peers. Impact: Mildly bullish, U.S. resilience aids USD. Safe-Haven Flows: USD competes with JPY and CHF amid tariff risks and geopolitical flare-ups (Russia-Ukraine, Middle East). Recent yen strength (X posts) pressures DXY. Impact: Mildly bearish, global risk-off challenges USD dominance. Trade Balance: U.S. deficit persists, but Trump’s tariffs (25% Mexico/Canada, 10% China) aim to bolster USD via trade shifts. Impact: Bullish long-term, short-term neutral. ⚡Macroeconomic Factors U.S.-focused with global context: U.S. Policy: Fed’s tighter stance vs. global easing (ECB, BoJ) favors USD. Trump’s tariff threats add volatility, potentially strengthening USD via trade protectionism. Global Growth: 3% (Morgan Stanley), with China slowing and Eurozone stagnant (PMI 46.2). U.S. relative strength supports DXY. Commodity Prices: Oil at $70.44 pressures import-heavy peers (Japan), mildly weakening JPY vs. USD. Currency Dynamics: Yen strength and EUR softness (EUR/USD below 1.0500) drag DXY lower recently, ⚡Commitments of Traders (COT) Data Hypothetical COT (mid-Feb 2025, CME): Large Speculators: Net long USD ~70,000 contracts (down from 80,000 post-110 peak), cooling after profit-taking. Commercial Hedgers: Net short USD ~80,000, hedging export exposure as tariffs loom. Open Interest: ~150,000 contracts, stable, reflecting U.S. trader engagement. Key Insight: Speculative longs suggest bullish bias, but moderation hints at consolidation. ⚡Market Sentiment Analysis Includes retail, institutional, and corporate traders: Retail Sentiment: U.S. retail traders likely 60% short DXY at 106.000 (hypothetical broker data), betting on yen/CHF gains. Contrarian upside risk if shorts unwind. Institutional Traders: U.S. funds (e.g., Citi, HSBC) mixed—bearish short-term (DXY to 96.87, Citi Hong Kong), bullish long-term (WalletInvestor to 119.193). Sentiment leans cautious. Corporate Traders: U.S. exporters hedge at 106.50-107.00, neutral as tariffs loom; European firms favor EUR weakness. Social Media (X): notes yen-driven DXY weakness, sees bearish momentum to 106.15—trending bearish. Broker Data: U.S. IG sentiment ~55% long—balanced positioning. ⚡Quantitative Analysis Moving Averages: 50-day SMA (106.30), 200-day SMA (105.50)—price below 50-day, above 200-day, neutral signal. RSI: 45 (daily), bearish momentum fading, room for reversal. Bollinger Bands: 105.80-106.80 range, 106.000 at midpoint—consolidation likely. Fibonacci: 38.2% retracement from 110.00-102.50 at 105.62—key support holds. Volatility Model: Implied volatility (1-month) at 7%, suggesting 0.75-point monthly range (±0.7%). ⚡Intermarket Analysis USD/JPY: At 150.00, yen strength pressures DXY; drop to 145 could accelerate declines. EUR/USD: Below 1.0500, EUR weakness supports DXY mildly. Gold: XAU/USD at 2940 (risk-off proxy) inversely pressures USD. Equities: S&P 500 range-bound (5960-6120) reflects stability, neutral for DXY. Bonds: U.S. 10-year yield at 3.8% vs. JGB at 0.9%—yield gap aids USD. ⚡News and Events Analysis Recent: Trump’s tariff threats (25% Mexico/Canada, 10% China, Feb 23-25) fuel risk-off, pressuring DXY via yen strength (X posts). Weak U.S. PMI and jobless claims offset by PCE at 2.6% (Jan 2025). Upcoming: U.S. PCE data (Feb 28) critical—hotter data could lift DXY, softer data bearish. Fed rhetoric pending. Impact: Bearish near-term from risk-off, bullish potential from Fed stance. ⚡Overall Summary Outlook DXY at 106.000 balances U.S. resilience (Fed policy, inflation) against global risk-off pressures (tariffs, yen strength). Fundamentals favor USD long-term, but macro risks and sentiment (retail shorts, X bearishness) suggest near-term softness. COT shows cautious longs, quant signals consolidation, and intermarket flows (gold rise, yen strength) lean bearish. Short-term dip to 105.50-105.91 likely, medium-term range-bound with a bullish tilt if Fed holds firm. ⚡Future Prediction Bullish Case: DXY to 108.00-110.00 by Q2 2025 if PCE/Fed bolster USD, tariffs lift trade flows, and risk-on resumes. Bearish Case: Drop to 103.50-105.00 if yen/CHF surge, tariffs falter, or Fed dovishness emerges. Prediction: Mildly bearish short-term to 105.50, then bullish to 108.00 by mid-2025, driven by Fed policy divergence. ⚠️Trading Alert : News Releases and Position Management 📰 🗞️ 🚫🚏 As a reminder, news releases can have a significant impact on market prices and volatility. To minimize potential losses and protect your running positions, we recommend the following: Avoid taking new trades during news releases Use trailing stop-loss orders to protect your running positions and lock in profits 💖Supporting our robbery plan will enable us to effortlessly make and steal money 💰💵 Tell your friends, Colleagues and family to follow, like, and share. Boost the strength of our robbery team. Every day in this market make money with ease by using the Thief Trading Style.🏆💪🤝❤️🎉🚀 I'll see you soon with another heist plan, so stay tuned 🤑🐱👤🤗🤩Shortby Thief_TraderUpdated 5
DXY SINGLING DANGER!Any Time The Dollar Gets In This Range Bad Things Happen! With the exception of the 2008 GFC which confirmed we have entered Debt Deflation (Meaning the Gov will need to borrow more and more, faster and faster without any benefit to the real economy). A strong dollar is signaling something very bad is coming. Gun to head I would guess something like an Asian Currency Crisis. Russian ruble & economic collapse is now a certainty! Russia has lost the war no matter what they are trying to do on the battlefield it is irrelevant as the economy is now suffering from Dutch Disease. (So Much for the BRICS fantasy!) Most Americans believe a strong dollar is good. They are wrong. Here are a few things to know about a strong US Dollar. 1. A strong dollar weakens exports, costing American jobs as everything America made becomes more expensive to the rest of the world. 2. US Imports increase as everything internationally made becomes cheaper. 3. Acquiring USD as foreign reserves becomes much more difficult and expensive. As exporters to the US have to produce more for less $s. 4. US investment in international currency collapses, forcing inflation, rates higher making borrowing/investment in foreign economies weaker. Leading to a snowball effect. 5. Commodities are traded in USD. As such energy/food to many poor nations will become a problem as they are net importers with already limited access to NYSE:S it will be magnified. 6. Finally (I could go on but I won't you get the point) when everyone leans on one side of the boat it capsizes. Meaning when everyone is running to invest in the US & the dollar. Techanically how high can the USD go? -120 is likely. (hopefully not much more) -Longer term if things get bad enough it can break all-time highs of 165 as we have this massive bottoming inverse HEAD & SHOULDERS in place. CARNAGE! - What I hope will happen is that it hits previous recent highs of 115 and that will be it for the upside. HOWEVER! We do have a rising structure that needs to be corrected. As such when it does correct there is a good possibility it tests previous lows. For now, if you live in the US. enjoy dollar strength and think about how much worse inflation would have been if the $ was weakening. ))Longby RealMacroUpdated 2216
$DXY: Dollar Strength or Dollar Dip?(1/9) Good afternoon, everyone! 🌞 DXY: Dollar Strength or Dollar Dip? With the DXY at 103.732, is the dollar flexing its muscles or ready to stumble? Let’s break it down! 🔍 (2/9) – PRICE PERFORMANCE 📊 • Current Price: 103.732 as of Mar 14, 2025 💰 • Recent Move: Near recent levels, down from 110.18 peak (web data) 📏 • Sector Trend: Forex markets volatile, with trade and policy shifts 🌟 It’s a wild ride—dollar’s dancing on the edge! ⚙️ (3/9) – MARKET POSITION 📈 • Role: Measures USD vs. euro, yen, pound, and more 🏆 • Influence: Drives forex and commodity prices globally ⏰ • Trend: Balancing U.S. policy and global demand, per data 🎯 King of currencies, but not without challengers! 🚀 (4/9) – KEY DEVELOPMENTS 🔑 • Trade Tensions: U.S.-China tariff talks ongoing, per data 🌍 • Rate Cut Bets: Markets eyeing Fed moves, per posts on X 📋 • Market Reaction: Holding steady at 103.732 amid mixed signals 💡 Navigating a storm of global pressures! 🛳️ (5/9) – RISKS IN FOCUS ⚡ • Rate Cuts: Could weaken dollar if Fed acts, per X sentiment 🔍 • Trade Wars: Tariffs disrupting supply chains, per data 📉 • Global Growth: Slowdowns hitting demand for USD ❄️ It’s a tightrope—risks aplenty! 🛑 (6/9) – SWOT: STRENGTHS 💪 • Reserve Status: USD’s global dominance holds firm 🥇 • U.S. Economy: Still a powerhouse, supporting dollar value 📊 • Safe Haven: Attracts flows in uncertain times, per trends 🔧 Got muscle to flex when it counts! 🏦 (7/9) – SWOT: WEAKNESSES & OPPORTUNITIES ⚖️ • Weaknesses: Vulnerable to rate cuts, trade spats 📉 • Opportunities: Strong U.S. data could lift it higher, per outlook 📈 Can it hold the line or break out? 🤔 (8/9) – POLL TIME! 📢 DXY at 103.732—your take? 🗳️ • Bullish: 105+ soon, dollar rallies 🐂 • Neutral: Steady, risks balance out ⚖️ • Bearish: 100 looms, dollar dips 🐻 Chime in below! 👇 (9/9) – FINAL TAKEAWAY 🎯 The DXY’s 103.732 shows it’s steady but tested 📈. Trade wars and Fed moves could swing it either way—dips are our DCA gold 💰. Buy low, ride high—time’s the key! Gem or bust? by DCAChampion5
uptrendIt is expected that in the current support range, the trend change is expected to see the rise. It can then advance to the specified resistance range.by STPFOREX3
DXY DOLLARImpact of Prelim UoM Consumer Sentiment and Inflation Expectations on DXY Directional Bias tomorrow The Department Responsible: The University of Michigan’s Survey Research Center releases both the Prelim UoM Consumer Sentiment and Inflation Expectations data. Key Data Points (March 13, 2025) Metric Forecast Previous Prelim UoM Consumer Sentiment 63.1 64.7 Prelim UoM Inflation Expectations 4.3% 4.3% Impact on DXY Directional Bias Consumer Sentiment Below Forecast DXY: Bearish. Lower consumer sentiment suggests weaker economic growth, potentially reducing demand for the USD. Technical Impact: DXY could drop toward 102 level or more if support fails to hold Fundamental Driver: Reduced consumer spending can slow economic growth, leading to a weaker USD. Inflation Expectations Remain High DXY: Mixed. High inflation expectations might signal future price pressures, potentially supporting a hawkish Fed stance. However, if inflation fears are already priced in, the impact might be muted. Technical Impact: DXY may consolidate or buy based on the current demand floor .11:34by Shavyfxhub3
Dollar index and Inflation There has been a positive relationship between Dollar Index and Inflation over last so many years. Increase in inflation leads to appreciation in Dollar and vice versa.by UnisKhan071
DXY: Sell the RipThe latest Producer Price Index (PPI) for the U.S. came in at 0.0% MoM, missing expectations of 0.3%. This suggests that inflation pressures at the wholesale level are cooling, which could signal a shift in the Fed's stance towards less aggressive monetary tightening. A softening in inflation reduces the likelihood of further interest rate hikes or extended hawkish policy from the Federal Reserve. This dovish shift typically puts downward pressure on the U.S. Dollar as investors adjust expectations for future yields. The DXY (U.S. Dollar Index) has already shown signs of weakening in recent sessions, and this miss on PPI may add further fuel to the bearish trend.Shortby trader92240
U.S. Dollar Index Hello and greetings to dear traders, I have identified important areas on the DXY chart. As the price approaches these areas and we receive the appropriate confirmations, we can execute effective trades. Key Areas: Strong Area for Selling: Secret Order Block (4H): 103.979 and 104.064 Liquidity (4H): 104.064 Effective Imbalance on the Chart: Market targets to reach this imbalance are at: 104.558 and 104.850 Considering this scenario, we can look for effective selling opportunities in the currency pairs of Euro, Pound, Australian Dollar, and New Zealand Dollar. I will send you updates with these charts for more information. Thank you for your support. A very simple and clear chart has been drawn for your use. Wishing you all success! Fereydoon Bahrami A retail trader in the Wall Street Trading Center (Forex) Risk Disclosure: Trading in the Forex market is risky due to high price volatility. This analysis is solely my personal opinion and should not be considered financial advice. Please do your own research. You are responsible for any profits or losses resulting from this analysis.Longby fereydoon11996