Here is my view for DXY on H4. The price should go up, you can put a pending order on the Order block or find an entry on LTF within OB Zone, but be careful as DXY also might still be affected by the Ukraine war. Trade Safe!
- DXY is currently forming a BAT PATTERN. - If you BREAK the DXY DOWNSIDE CHANNEL TREND LINE you can definitely COMPLETE the BAT PATTERN. - If the DXY price falls below 95.00 LEVELS the BAT PATTERN will be INVALID and it will change to the SHARK PATTERN. If so we will UPDATE - DXY BREAKOUT is very important for USD CROSS PAIRS. - Up to DXY 97.27 can be UP if...
Dollar index seems to sell 96.767 level. When create reversal candle on this zone then market fully Buy. Up to 98.500 level. Then second target is 99.00 AronnoFX will not accept any liability for loss or damage as a result of reliance on the information contained within this channel including data, quotes, charts and buy/sell signals If you like this idea, do...
Hello traders. In the dollar index, I expect the price to drop to $ 94.5 in the first stage and $ 93.2 in the second stage after breaking the $ 95.4 level. Are you agree?
In this update we review the recent price action in the Dollar Index and identify some high probability trading scenarios to take advantage of
Since May's 2021 low, the Dollar Index was very bullish and the price has risen around 8%, but more importantly, has broken above 95 zone very important resistance. After this important break, the price consolidated for one and a half months, but the price lacked continuation and, instead, has broken this consolidation to the downside. At this moment we can't say...
i was bored so here's what i came up with. right now price is at support trendline on the daily and i believe it just completed the motive wave pattern 12345 and the first wave of the abcde corrective wave. Notice the divergence. so we're going to trade the retrace as a long position until which ever fib level it reverses to then after that we'll be looking to...
In this update we review the recent price action in the DXY and identify the next high probability trading opportunties
Hello. I expect the behavior of the third branch of the dollar index correction to be like this
Expect to continue the correction up to 50% move before the point of contact with the uptrend line
Hello. I predict the dollar index will rise again after the correction
My DXY Chart analysis overview on H1, based on Order Block.
Since 10th November, DXY has become strongly bullish with the index breaking above VERY IMPORTANT 94.60 resistance. If we look at a longer daily chart we can easily see that at this moment we have a major shift of trend and DXY has a lot of bullish confirmations, starting with this break, but also with a double bottom in 90 zone and, after the second bottom in...
Dear traders, as I said on last weeks ... DXY closed over the strong resistance at 94300 and climbed into an extremely heavy area! even if maybe ... I expect it to go up a bit to 96300 ... I won't enter the trade unless it closes below 95100 this week THIS WEEK... as I told you last week, DXY reached area 96300 from where it easily rejected! in the next period I...
IN this update we review the price action and momentum in the DXY and identify some high probability trade locations
DOLLAR INDEX MY VIEW- N.B-DXY chart hopefully create bearish butterfly pattern. So market seems down to 94.757 & 94.611 support zone. Then the market fully buy to 95.777 resistance level.
TVC:DXY As we can see , price just touched a very key zone and I think it can't go higher than this for now , this key zone (purple) has been touched 4 times and it's strong resistance level now also we have a bearish harmonic pattern . what do you think guys ?
She's going down guys. We can see that DXY has hit the 0.5 level of the fib retracement and bounced off ( or In the process of doing so) and we can see that Gold has come to retest the support of my upward channel that it broke down from last week and that's all I need as far as confirmation to short the gold. But when DXY reaches the top of it's downward channel...