Dxy did a range more than a year.Some pattern occured for midterm trade.If gold and silver rise additionaly Dxy rise is bad sign.These instruments most of the time negative correlated.Only war and blackswan -ish situations change this.2025 first half looks like dangerous.
📈💼 DXY Update! 💼📉 Hey there, traders! 🌟 The dollar index, DXY, is in the spotlight once again! 🚀 Currently, it's cozying up to a crucial support trendline after some recent rollercoaster rides. 🎢 This area has become a hot topic, especially after a quick dip and an even quicker recovery. 🔄 But hold your horses, we're not out of the woods yet! 🌳 The upper...
. . . too weak a word for the way I think. Explanation on chart. *Truncation
Hey Traders, in today's trading session we are monitoring DXY for a selling opportunity around 105.100 zone, DXY is trading in a downtrend and currently is in a correction phase in which it approaching the trend at 105.100 support and resistance area. Fundamentally the recent CPI data was quiet soft and didn't exceed 0.3. Trade safe, Joe.
this is very tricky and I'm not sure but it seems like FED and HedgeFunds are playing big trap game.
🏃♂️DXY Index is moving near the 🟢 Support zone($104.27-$103.90) 🟢, and 200_SMA(Daily) and 100_SMA(Daily) , and the lower line of the ascending channel . 💡Also, the Morning Candlestick Pattern is clearly visible. 🌊According to the theory of Elliott waves , it seems that the DXY Index has completed the Double Three Correction(WXY) in the support zone...
Updating my TVC:DXY predictions: 1. Everything hinges on carry trade with Japan 2. Japan is raising rates until they resubmit to negative interest rates this summer 3. The USDJPY will plummet until summer, this will cause the dollar to go down which increases inflation in the USA and deflation everywhere else due to the dollar being a reserve currency. 4. I...
It is important that we utilize the higher time frames for direction bias and target the highs or lows where liquidity is found. ALWAYS trade in the direction of the HTF. LTF are used to refine your entries. 1. Identify market direction - Daily/4hr chart. 2. Identify your current trading range. -Daily/4hr chart. 3. Get your Fibs retracement tool and draw from the...
I still focus for bullish momentum for USD . Dollar still strong. Trade with own risk.
hi, this is a DXY trade with a high probability because price hit a very importan area, using MARKET STRUCTURE
Here is our detailed technical review for DXY. Time Frame: 12h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is testing a major horizontal structure 104.752. Taking into consideration the structure & trend analysis, I believe that the market will reach 104.081 level soon. P.S Overbought describes a period of...
1.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.
The U.S. Dollar Index (DXY) hit both Targets that we set on our January 24 analysis (see chart below): Yet again, a new buy opportunity is emerging as the price not only hit the 1D MA50 (blue trend-line) - 1D MA200 (orange trend-line) Support Zone but also the bottom of the (dotted) Channel Up, which is essentially the Bullish Leg of the 1-year Channel...
Dollar Index may keep falling from a key daily horizontal resistance. I see a bearish confirmation on an hourly time frame - a bearish breakout of a minor rising trend line. Goal - 104.015 ❤️Please, support my work with like, thank you!❤️
17th May DXY: May be done with retracement, needs to break 104.40 to confirm. Below 104.40 could trade down to 104 round number support NZDUSD: Buy 0.6145 SL 20 TP 70 ("might close" at 0.6180) AUDUSD: Could range between 0.6655 and 0.6685, Buy 0.6690 SL 15 TP 35 USDJPY: Buy 156.15 SL 30 TP 80 GBPUSD: Sell 1.2640 SL 15 TP 65 EURUSD: Sell 1.0850 SL 25 TP 50...
The index is expected to fluctuate in the current resistance range. Then it is expected that the change of trend will be formed and we will witness the beginning of the downward trend
Weekly: Bearish Daily: Bearish 4H: Lets see if FVG is respected or not