USD come back strongerI have 2 alternative movement for DXY. Looking for bullish an impulsive move upwards.Longby ewtradersbhUpdated 111
Its going up to the equal highs and higher HTF levelThe dollar had a reaction from the daily order block, confirmed by SMT. The whole week was ranging and I thought that we would, still go a bit lower, but now when the range is broken up above the IFVG. I think it's ready to go up. always follow these rules - Accumulation / Manipulation / Distribution - No liquidity raid = No trade - Never buy high and never sell low “Adapt what is useful, reject what is useless, and add what is specifically your own.” Dave FX Hunter ⚔Longby Dave-FX-HunterUpdated 3
LONG DXYI believe there's a high chance for DXY to rally until next major news event.Longby Nugget_Warrior2
Dxy is ready to dump!DXY is bearish. ●On HTF weekly FVG/BISI disrespected and now become an Invesion Fvg which should act as resistance. ●On Daily timeframe DXY got a rejection from The Daily +OB. ●In 4h Dcy created FVG which should bring Dxy down. ●Downside targets for DXY are 104.080 and 103.880 for now. ●Dxy should stay bearishso that other markets like stock, Crypto and Forex should see higher prices.Shortby Camouflage891
DXY hits major resistanceDXY: The USD index this week is touching the susceptible help area round 104.60, so withinside the brief term, the USD is anticipated to get better barely today. Most of the marketplace will now no longer have lots fluctuation because of the financial institution holiday. Ace can refer to shopping for with USDShortby Chart_MasterPro2
$DXY going higher!I expected TVC:DXY to dive to 97 before this because I didn't think the BOJ could hold on this long. I guess we need the dollar to go higher to make the BOJ to dump treasuries so the FED can cut rates and metals can hyperinflate. TVC:DXY is bull-flagging and TTM squeeze is ready on EVERY TM! That means a huge slam for gold is coming up...Longby EmptyEternityUpdated 2
DXY will go down BTC pump expected ALL trading ideas have entry point + stop loss + take profit + Risk level. hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below. DisclaimerShortby bullstraders71
check the trend It is expected that after some fluctuation, we will see the continuation of the upward trend. If the index creates a new bottom and crosses the 78.6% level, the continuation of the downward trend will be likelyLongby STPFOREX1
Two Scenarios for DXYUS dollar index is currently sitting on a major falling trend line and in my opinion there are two paths ahead: - The Blue Arrow : Bulls gain control and move the index to the red rectangle. - The Red Arrow : Bears breaks this trend line and price falls to the green rectangle. Good luck!by Palambir1
Strong Bounce Off SupportDXY is trading within an ascending channel. if DXY holds this level and heads to the top of the channel, then BTC will breakdown from the ascending channel it is trading in (you can see my post). There is no chance both of them will continue to rise toward the top of the channels. either btc will break down or dxy, and so far dxy has shown more strength. by SforShiraz1
DXY Will Go Down! Short! Please, check our technical outlook for DXY. Time Frame: 9h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a significant resistance area 104.719. Due to the fact that we see a positive bearish reaction from the underlined area, I strongly believe that sellers will manage to push the price all the way down to 104.038 level. P.S The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce. Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news. Like and subscribe and comment my ideas if you enjoy them!Shortby SignalProviderUpdated 112
DXY STRUCTUREUsing correlation analysis DXY has a negative correlation with EURUSD, this is the inverse of EURUSD and we will sit on our hands and wait for this to play out before we can commit to the market, allow the market to commit to you before you commit to the market.by Dr_Trade11
DOLLAR BULLISH???!!!!! Dollar retested from the Day Trendline1.According to my view dollar reached its Target and retested from Day Trendline Liquidity and the Support Zone. 2.If its broke the Resistance and upper Trendline then it'll reach the major resistance zone. 3.If Dollar broke the current support zone then it'll reach the next support around 103.000. 4.Day 200 EMA retested well. by Sha_The_IconUpdated 4
DXY bearish, has SHS patternDXY will bearish, has SHS pattern dan already retest. Lets See Happy Trading Disclaimer OnShortby EdyDragon2
FOREX WEEKLY FORECASTWEEKLY FOREX FORECAST NEWS UPDATE Introduction: Welcome back to our Weekly Forex Forecast, where we delve into the intricacies of the currency markets to provide you with valuable insights and predictions for the week ahead. In this edition, we'll be closely examining the Dollar Index, GBPUSD, EURUSD, and USDJPY pairs, analyzing key technical and fundamental factors to help you navigate the turbulent waters of the forex market. Dollar Index (DXY):The Dollar Index, which measures the value of the US dollar against a basket of major currencies, has been experiencing some fluctuations in recent weeks. The index's performance is influenced by various factors, including economic data, monetary policy decisions, and geopolitical events. As we head into the new week, investors will be closely watching for any developments on the inflation front, as well as any signals from the Federal Reserve regarding interest rate hikes. Although we have been constantly Bullish on this since the beginning of this year, on the Daily Time frame, the market has left us a chart pattern reversal, which is the inversted Head & Shoulders, which also do mean that we have once again, been convinced that the Bulls should keep this market going higher admidst the ups and downs in the market today.Longby eddychuksuniversity1
DXY Will Go Down! Sell! Please, check our technical outlook for DXY. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is trading around a solid horizontal structure 104.533. The above observations make me that the market will inevitably achieve 102.945 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!Shortby SignalProviderUpdated 115
DXY Expected moveThis is the move we expect to happen today and maybe continue even tomorrow on the DXYLongby GoldenB551
My expectations for the #US dollar in the short and medium term.Here are my thoughts: Good luck, mates. The targets shown on the chart.by Lawrence-Sherif4
Levels discussed on 24th May livestream 24th May DXY: Consolidating around 105, break 105.10 to trade up to 105.50 (needs to stay above 104.80 to remain bullish) NZDUSD: Sell 0.6070 SL 20 TP 75 AUDUSD: Sell 0.6610 SL 20 TP 50 USDJPY: Buy 156.95 SL 25 TP 70-100 GBPUSD: Sell 1.2685 SL 30 TP 40 EURUSD: Buy 1.0830 SL 30 TP 60 USDCHF: Sell 0.9125 SL 30 TP 50 USDCAD: Wait for now Gold: Wait for retracement to complete, Below 2325 could trade down to 2300 by JinDao_Tai5
dxy is getting beairsh again 💀 boost and follow for more❤️🔥 a recent fake out breakout past resistance zone, now sitting at a trend support.. I wont be surprised to see it slice through trend support and head down to 97-100 targets in the next few weeks or so 🎯Shortby Vibranium_CapitalUpdated 2218
Probability of triangle-type sideways pattern, analysis ideaDear analysts and traders, I trust this message finds you in good health and high spirits as you prepare to approach the upcoming week with renewed vigor. I extend my best wishes for continued success in all your business pursuits. It is essential to emphasize that sustained success in business hinges significantly on the consistent establishment and adherence to your principles. As an advocate of the Elliott Wave principle, I regard this methodology as a valuable instrument for market analysis. Over the past three years, I have honed my approach by amalgamating this principle with a meticulous evaluation of diverse market scenarios. I strive to mitigate market uncertainties by upholding a broad spectrum of market perspectives, enabling me to discern market structures with utmost precision. I am pleased to share my analysis with you, with the disclaimer that I do not offer buy or sell recommendations. My perspective on analytical ideas remains entirely impartial, and if my analysis aligns with your standards, it can serve as a compass for informed decision-making. I have enclosed my prior analysis of the same market for your perusal and comparison. All aspects of my analysis are clearly delineated for clarity. Nevertheless, familiarity with the Elliott Wave principle theory facilitates comprehension of the analytical concept. I apologize for the repetitive nature of the text, as my week is occupied with formulating analytical and educational ideas, as well as engaging in trading activities and managing my social networks. Due to time constraints, I am unable to provide textual explanations for every idea, hence the inclusion of a separate text alongside the labeling. Should the text be unclear, I am available to elucidate the key points. My rigorous study of the Elliott Wave Principle spanned nearly three years, during which my grasp and utilization of this invaluable tool evolved. My progress thus far stands as a tribute to the legacy of Ralph Nelson Elliott, whose brilliance underpins my accomplishments. May he rest in peace. I am grateful for your unwavering support and benevolence, and I eagerly anticipate your feedback and constructive criticism. May my analysis serve as a valuable asset in your business endeavors, and I remain yours sincerely, Mr. Nobody Previous analytical ideas The classic zigzag pattern (Diagonal Wave C) Bearish market scenario (Bigger Flat) Shortby mehdi47abbasi797
DXY HEDGES ABOVE Dxy hedges above to make intrinsic move above ,,, and make an alignment to short gold follow for more insights , boost and comment DLongby Ak_capitalist1