Update Dxy ideaTVC:DXY I have changed my idea.Here is the updated one.DXY TRY TO REACH RANGE HIGH.Longby H-A_TUpdated 2
DXY bullish idea I have been bullish on DXY for 3 weeks now. Going forward I want to see us retest this 8:30 AM IFVG. I marked out the zone I want to see a bounce from. I posted one of my entry ideas earlier today. When this position is active I will post an update Longby kamaricolmn110
DXY: US-Dollar Index: Short-Term Bounce Before Decline?The DXY could be working on a B-wave corrective bounce before wave C to the downside of a larger third wave within an ending diagonal pattern could send the DXY below the $100 mark. A break above standard resistance, i.e. a break above $105.94, could trigger the alternative scenario of a larger corrective rally that started in December 2023. However, this remains the alternative for now.by MCOGlobal3
DXY about to fly???2 weeks ago i wrote about DXY potentially fooling us. However it is yet to prove me right. I am still convinced it will rise however it seems my timing was wrong. After analysing DXY today, I can see that price breached the 104.000 level that price was respecting. Which tells me it was engineering liquidity which has now been taken. We have also broken above a down trend and on a lower timeframe grabbed more liquidity resting under relatively equal lows. These are all signs that tell me DXY is getting ready for a big push to the upside. This also coincides with the fact the DXY is bullish on daily chart since the start of the year. Once I see an energetic break up, I will then look for sells on GBPUSD and EURUSD.Longby MTK_FX117
$DXY bounce?#dxy #dollarindex has formed inverted shoulder head pattern in lower time frame. A hard bounce here will likely damage markets such as #spx #ndx #silver #crypto etc. Better to be cautious. Losing 104 is the invalidation of this minor movement scenario. by naphyse111
dxy uptrend is coming gu sell eu sell uj buy all 150 pips swing with senitiment increasing in relations to rate cut usd seems to have want to bounce back. with the heaad and shoulder formed in dxy. i sign of pce news been positiveLongby ShaunPowell4
DXY UPDATEThis is an update to the earlier DXY analysis. We can see that price failed to create new highs and has taken out the April and June lows. With information we can look for sells in pullbacks to inefficiencies/imbalance. Next target is the Yearly equilibrium zone. With buys on GU and EU.Shortby ThePatientTrader_Updated 112
DxyHello beautiful people hope you are well. Here is dxy idea which i shared with u guys you can see market direction in weekly and monthly wave market can retrace then go down so focus your trading pair it will help u.Shortby WiKiFX3
DxyHello beautiful people hope you are well. Here is dxy idea which i shared with u guys you can see market direction in weekly and monthly wave market can retrace then go down so focus your trading pair it will help u.Shortby WiKiFX1
BoC Rates Decision Analysis 24th July DXY: Currently consolidating, needs to stay above 104.20, for further upside potential to retest 104.80 resistance NZDUSD: Sell 0.5945 SL 20 TP 75 AUDUSD: Sell 0.6570 SL 20 TP 70 (Hesitation at 0.6540) USDJPY: Sell 154.45 SL 30 TP 65 GBPUSD: Sell 1.2850 SL 25 TP 70 EURUSD: Sell 1.08 SL 20 TP 45 USDCHF: Buy 0.8930 SL 20 TP 40 USDCAD: Buy 1.3810 SL 35 TP 80 Gold: Wait for retracement to complete, needs to break 2380 to trade down to 2350by JinDao_Tai6
DXY remains under pressure Technical Perspective: DXY broke out of its ascending trend line and formed lower swing points on the daily timeframe, with the price retracing towards the 105.00 resistance, which coincides with the breakout zone and Fibonacci confluence levels. If DXY reverses below 105.00, the index could extend its decline toward the 103.20 support. MACD is holding below the zero threshold, indicating further downside potential. Conversely, if DXY breaches above 105.00, the price could rise towards 106.00. Fundamental Perspective: Existing home sales in the US plummeted by 5.4% in Jun compared to the previous month, marking the steepest monthly decline since 2022 and the lowest sales volume since the beginning of the year. Meanwhile, unsold housing inventory rose by 3.1%, equivalent to a 4.1-month supply at the current sales pace. Longer and fewer transactions underscore a cooling US housing market and may prompt Fed easing, potentially weighing on the dollar. Shortby lixing_gan0
DXY make a poor highCAPITALCOM:DXY make a poor high, and have potential to break it. i still don't see any aggressive movement on forex right now. but the break or fail to break will be something interesting to be traded.. let's see. noted we have COMEX:GC1! already broke high of 2 days balance.. that will be something to add with .. by ruby_kinetix0
Correction It is expected that the upward trend will change in the current resistance range and we will see the beginning of the downward trend Then, according to the behavior of the price in the support range, the continuation of the movement process will proceed according to the specified paths by STPFOREX1
DXY Trading JournalDXY Trading Journal July 23 Ideas I suspected that Price would rally to my noted range of buy stops at 104.546 and the actual today was 104.535. Price is delivering to a Premium on the hourly chart.I suspect that Price will reach for the 50% level at 104.373 and rebalance the FVG. I anticipate that Price will take the buy stops at 104.546 and seek to rebalance the Daily SIBI for the weeks high target. Shortby LParnell0
DXY price analysisThe black line on the chart signifies a 4hr orderblock. As of right now that looks to be bullish support. In previous posts I outlined that I am looking for bullish price action on the DXY chart. Right now I am targeting the lower purple line for price to hit. It sits above a consolidation zone that started to form on the 11th of July. Once this price is reached I will release another chart for further bullish expectations. Longby kamaricolmn1
biden out trump in ?i really have no interest in politics only economics but the dollar will try to have a hawkish stance on despite the bad unemployement to boost dollar. whats your thoughts?Long02:01by bossmadep881
Looking forward to a positive dollar, 4hrThe DXY has a reached a strong support zone at 104,000 and we looking for a strong rejection to the upside and a very bullish week. Recent economic data shows some very positive outcome for the US economy. Inflation has finally began to cool down, with May and June CPI prints showing a downward trend. UBS analysts show a soft landing for the US economy, with inflation on a downtrend and the Feds to yield on rates The market trend of DXY show a strong market trend reversal of a Head & Shoulder which might be the beginning of bullish trend Longby AnalysisExpert9
Possible false break aboveWe are noe all looking at an accelerated drop in price given at most retailer traders are looking after the break above our range this sell will be accelerated by all the orders going into the market in expectation for price to rally when in actual it will drop as the US indices opened strong bullish this morning and a rally is expected to take place in regards to Gold as planned earlier on.by cpointfx12
Correction phase DXYDear TRADER,, i expect DXY will be start correction from 103.800 to 105.000 Area ! dont forget like&Comment please ! Regards, Alireza!Longby alirezakUpdated 6
DXY Will Grow! Buy! Please, check our technical outlook for DXY. Time Frame: 12h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is trading around a solid horizontal structure 104.330. The above observations make me that the market will inevitably achieve 104.818 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!Longby SignalProviderUpdated 115
Levels discussed during Livestream 23rd July23rd July DXY: Ranging between 104.20 and 104.40, if price breaks 104.50, Inverted Head and Shoulder, could retest 104.80 NZDUSD: Sell 0.5970 SL 20 TP 50 AUDUSD: Sell 0.6615 SL 15 TP 35 USDJPY: Sell 156.10 SL 30 TP 60 GBPUSD: Bearish Flag: Sell 1.2890 SL 25 TP 110 (Hesitation at 1.2860) EURUSD: Sell 1.0865 SL 20 TP 55 USDCHF: Buy 0.8925 SL 25 TP 75 USDCAD: Buy 1.3790 SL 20 TP 50 Gold: Could retrace higher to 2410, wait for retracement to complete, needs to break 2380 to trade down to 2350by JinDao_Tai12