Possibility of correction A downward trend is expected to form up to the specified support range. Then, according to the behavior of the index in the support range, the continuation of the movement process will proceed according to the specified pathsShortby STPFOREX2
DXY Is Going Up! Long! Please, check our technical outlook for DXY. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is testing a major horizontal structure 106.958. Taking into consideration the structure & trend analysis, I believe that the market will reach 109.013 level soon. 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 SignalProvider112
dxy drops to $88Gm. It has taken us a while to get to where we are today, and I’m excited to share an update on the DXY this fine morning as I sip the tastiest coffee in all the lands. Two years ago, around this time, I called the top on the DXY via: We have yet to surpass that high, and today I bring you an exciting update. The DXY has officially confirmed the drop that is to come by rejecting a target we've been eyeing for the last quarter of the year. While there’s always a chance it could go slightly higher, I’ve included one target above the recent rejection. If my primary theory plays out, the DXY will see a sharp decline below $90 by the end of 2025. This will also coincide with the creation of a "top" in the global liquidity index. by notoriousbidsUpdated 5518
Dxy to the 111-113See if we ant get the dxy to the 111-113 area where we’re several patterns completeLongby mrenigma2
DXY Bias 24/12/18Last week pretty much ended green, so base on my bias, this is what i'd expect this cool guy to do theseLongby ictconceptsvietnam1
DOLLAR INDEXdollar index must go bearish after sweeping the yearly liquidity, and targeting the GAP left open at lower levelsShortby Hassanberjawi5
Rising Global Liquidity: Deflationary Dollar & Rallying EquitiesWhile it's uncommon for the dollar ( TVC:DXY ) and equities (S&P 500) to rise simultaneously, historical instances illustrate that it can occur under specific economic conditions. I think those conditions may be upon us! Historical Examples: 1995: DXY Movement: Strengthening S&P 500 Movement: Rising Context: Strong economic growth and corporate earnings propelled equities higher. 2001-2002: DXY Movement: Strengthening S&P 500 Movement: Rising Context: Economic recovery following the tech bubble burst. 2011: DXY Movement: Strengthening S&P 500 Movement: Rising Context: Safe-haven buying of the dollar amid European debt concerns, while stocks benefited from robust corporate earnings. March 2020: DXY Movement: Strengthening S&P 500 Movement: Rising (post-COVID) Context: Initial flight to safety due to uncertainty, followed by stimulus-driven stock market recovery. Mid-Late 2025 - Crescendo: DXY Movement: Potential strength driven by deflationary AI Pressure cheapening productivity & labor cycles S&P 500 Movement: Rising markets as all assets rally as a result of increased liquidity from stimulus Context: it takes a few months for stimulus to reach assets- the next few *years* might have stimulus coming. Inflate the debt away while the dollar rises? These historical instances suggest that a strengthening dollar *can* coexist with rising equities, particularly in environments characterized by global liquidity increases. Given the chart, we have a convergence of two long term trend lines, first in the ascending channel on the ‘short term’ (1yr candles, in top photo ascending channel). Then for the longer term ‘cup’ trend going back decades (ref bottom RSI momentum dating back to 1980s), *that* might show that we truly are on the cusp of incredible amounts of stimulus. What do you think? Is it possible that the dollar goes higher while we receive trillions in stimulus? Is this the fuel for the ‘everything rally’? by httpzUpdated 7
The DXY is extremely important. **“In my opinion, the Dollar Index (DXY) has always been the key determinant of market sentiment and direction, and it still is. Today, with the distance created from China, everything is more tied to the DXY than ever before. I truly can’t tell you whether the drop will start from the 106-107 range, because my mind is intensely occupied with the 111-112 range. However, I can say with certainty that in 2025, the 103-104 range will be touched first, and then we’ll move toward two other specified levels. This aligns perfectly with an explosion in cryptocurrency and altcoins. You just need to stay on the field, as wrestlers say — eventually, you’ll strike a winning blow somewhere.”**by DPRTRADE1
forex compare forex compare. Why is only the dollar rising? Could there be a reversal with other countries' currencies now? Again 2007!by briller20
17.12.24 Morning ForecastPairs on Watch - FX:EURUSD FX:NZDJPY A short overview of the instruments I am looking at for today, multi-timeframe analysis down to what I will be looking at for an entry. Enjoy! 09:37by JordanWillson223
DXY closing the yearly candle with bullish intentWe await to see what the DXY wants to do. Will it respect the bearish array and seek to complete it's sellside rebalance? Or will it seek further buyside clearing of old inefficient range above from the yearly chart? I believe the new year candle will seek the high of the current candle closing. We will have some time to see this play out.by HollywooodTrades1
Dollar Index (DXY): One More Bullish Movement Yesterday, I predicted a nice pullback on Dollar Index. It looks like today, we have one more. The price testing a key intraday/daily horizontal support and formed a double bottom on that. Bullish violation of its neckline may push the market higher. Goal - 107.1 ❤️Please, support my work with like, thank you!❤️ Shortby VasilyTrader2218
DXY Seasonality shows Dxy "Dollar" is bearish in December! So i want to trade on sell side only on December! EU is looks fine with bullish setup Shortby uzscool115
DXY: Bullish reaching 110 levels- Expecting Dollar index to be bullish to the end of the year , - On a short-term basis you can see price retested to the demand zone last week and swept the liquidity from the last minor low at 105.600 and closed above with a strong bullish daily candle. - Next minor high at 106.700 could be a great confirmation for the move so consider closing above that price your final signal.Longby Sphinx_TradingUpdated 6
Dollar Dominates: FED Rate Decision AheadThe US dollar is getting strong again, driven by a resilient US economy and expectations of a "hawkish cut" from the Federal Reserve. Despite talk of a rate cut, the US economy remains strong, with solid consumer spending and a tight labor market. This raises concerns about persistent inflation, suggesting the Fed may be cautious about further easing. Technically, the dollar index (DXY) is staging a convincing rebound, breaking above key resistance and eyeing new highs for 2024. This bullish momentum is likely to continue if the Fed delivers a "hawkish cut" – lowering rates while signaling a cautious stance on future easing. EUR: Grappling with Economic Headwinds The eurozone faces a challenging economic outlook. Slowing growth and persistent inflation create a stagflationary environment that weighs on the euro. The European Central Bank is caught between a rock and a hard place, needing to support the economy while also taming inflation. The EUR/USD pair remains trapped within the 1.0460 – 1.0600 range. A decisive break below this zone, particularly with a close below 1.0400, could signal a significant shift in momentum and the continuation of a downtrend in the medium term. GBP: Battling Stagflation The pound is under pressure due to a confluence of factors. Recent data shows the UK economy contracting, raising fears of a recession. Inflation remains high, adding to the stagflationary pressures. The Bank of England faces a difficult balancing act, needing to support the economy while also keeping inflation in check. GBP/USD is looking vulnerable, with a break below key support at 1.2600 potentially opening the door for further declines. JPY: Waiting for Policy Clarity The Japanese yen remains volatile as markets try to anticipate the Bank of Japan's next move. Will they maintain their ultra-loose monetary policy or finally raise interest rates? The uncertainty is fueling volatility in JPY crosses. USD/JPY has been on a tear, breaking above key resistance levels. A "hawkish hold" from the BoJ, where rates are kept unchanged but the door is left open for future hikes, could fuel further yen weakness. CAD: Exposed After Rate Cut The Canadian dollar is vulnerable after the Bank of Canada's recent rate cut. The move surprised markets and raised concerns about the health of the Canadian economy. USD/CAD has been trending higher, fueled by the divergence in monetary policy between the US and Canada. A break above the 1.4350 resistance level could pave the way for further gains in USD/CAD. *This is a market analysis, not trading advice. Trade responsibly and do your own research.by E8Markets0
DXY next possible move🔮🦁🦁🦁 **Patience: The Most Difficult Skill to Master in Trading** 💡 **Want to succeed? Then, learn to wait.** ⏳ Patience is not just a virtue in trading; it’s a powerful weapon. But let’s be honest: it’s also one of the hardest skills to develop. 👉 Yet, once you master it, you’ll already be halfway to success. 🎯 📈 Trading rewards those who know how to wait for the right moment. ❌ Not those who rush. ✔️ But those who remain calm and methodical. So, make patience your ally and see the difference. 🌟Longby eLs-Trading1
DXY IndexDXY - U.S Dollar Index Completed " 12345 " Impulsive Waves and " A " Corrective Waves Break of Structure RSI - Divergence Rising Wedge as an Corrective Pattern in Short Time Frame Demand Zoneby ForexDetective226
Possibility of uptrend It is expected that after some fluctuation and correction to support levels, a trend change will take place and we will witness the beginning of an upward trend.Longby STPFOREX2
Dollar Index (DXY): Clear Strength?! Looks like Dollar Index is ready for more growth. I see 2 strong bullish confirmations after a retest of a recently broken horizontal resistance: the price violated a resistance line of a symmetrical triangle and a neckline of a horizontal range. A strong bullish imbalance indicates a high momentum. We can anticipate more growth. Goal - 107.13 ❤️Please, support my work with like, thank you!❤️ Longby VasilyTrader1110
#DXY 1DAYDXY Daily Analysis The DXY (US Dollar Index) is trading near a trendline resistance on the daily chart. This resistance is a critical level where selling pressure may dominate. A breakdown below the nearby support line would confirm bearish momentum, offering a strong sell opportunity for further downside. Technical Outlook: Pattern: Trendline Resistance Forecast: SELL (Sell Opportunity upon Support Breakdown) Entry Strategy: Enter a sell position once the price breaks below the support line and confirms the breakdown with bearish price action, such as a strong close below the support or a retest of the broken level as resistance. Traders should watch indicators like RSI for overbought conditions or MACD for a bearish crossover. Use proper risk management by placing stop-loss orders above the trendline and setting profit targets at subsequent key support zones.Shortby PIPSFIGHTER2210
DXY bearish looking. potential head and shoulders and lower timeframe upchannel as bearish pattern, important key rejection levelShortby usukhbayar_batsumya115