Before anything , I have spent 8 years navigating the financial markets, with Level 3 CFA and a Master's in Finance under my belt, I've seen my fair share of trends. The value of the US Dollar Index is influenced by several factors, including decisions by the Federal Reserve (Fed), US government actions, and the overall health of the US economy. The Fed's...
✅DXY is making a pullback From the horizontal resistance of 103.041 And the index is trading in a Downtrend so we remain Bearish biased and therefore We will be expecting A bearish continuation SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
#DXY #USD #Dollar #Index #Eddy (( If he breaks the areas and swaps them with this kind of movement, I expect the supply range to grow! )) Then!... In My Opinion... The US Dollar is the most Valuable & Safest Asset! What do you think?
NASDAQ we have FVG area 17350 price will take fvg area and continue to making new higher highs
Hello,Traders! DXY is trading below The horizontal resistance Level of 102.916 and The index failed to break It so I will be expecting A local move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Hello,Traders! DXY was falling down Sharply but then hit A horizontal support level Of 100.57 from where We are already seeing A bullish reaction and I think that we will see A further move up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
XAUUSD D1 Last night, XAUUSD experienced a remarkable surge of +720 points as the markets unfolded, driven by a confluence of factors, previously mentioned above. Notably, the XAUUSD markets are steadily advancing toward historic highs, and the market opening triggered a substantial influx of buying pressure, low volume causing such aggressive spikes, since we...
The bias for the dollar this week remains bearish, leading me to anticipate further downward trends. Near the current price, there is a supply zone on the 3-hour chart where we'll wait for price redistribution. Following that, we'll await confirmation on a lower timeframe to execute the sell trade. Additionally, I anticipate a minor reaction from the 13-hour...
The dollar index has experienced a rebound, surpassing the 103.00 threshold. When examining currency pairs such as GBPUSD, AUDUSD, and EURUSD, it becomes evident that there is further potential for movement within the frameworks we are monitoring. This suggests the likelihood of DXY breaching the 103.000 support level, setting the stage for extended targets in the...
DXY D1 The dollar index has displayed robust corrective movements in recent weeks, buoyed by a diverse set of supporting data points. The 103.000 handle emerges as a pivotal support zone, potentially paving the way for a substantial rebound in the USD. It remains to be seen how events will unfold. Examining the market from its swing low to swing high, a...
✅DXY is trading in a strong Downtrend and the index Broke the key horizontal level Of 104.500 then made a Pullback and retest and is Now going down again So I believe that we will See a further move down SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Hello,Traders! DXY has reached a Horizontal resistance level Of 106.000 from where We are already seeing a A bearish reaction so I think that a further Move down will follow Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Hello,Traders! DXY is trading in an Uptrend and broke the Key horizontal level of 105.592 And is now going down to Retest the new support From where a further Move up is to be expected Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Monday, September 10, 2023 In the weekly chart of the US #Dollar Index, the market structure appears #bullish. Recently, the market found support around the 104 level, and the Dollar #Index has reached the 38.2% Fibonacci retracement level as part of a corrective move. In this week's trading, if the current #uptrend continues, and the 38.2% resistance level at...
DXY H4 So far the dollar playing out like poetry to start the week, we have seen the breakout following a smaller than expected correction yesterday, bullish bias confirmed nice and early in the week. Not much US related data today, so let's see what unfolds as the overlap comes into play. Possible correction to retest the latest broken zone before taking off again.
DXY D1 Amended the order details on the long measure a little bit here for the dollar index, we are now looking to get off the ground following the retest. That being said, this fell on the basis of softer figures yesterday, we have a cluster of data to follow today to be cautious of. News events and risk events move markets on swing timeframes when it's with...
✅DXY is making a pullback While trading in an uptrend so As the index is about to retest The horizontal support of 103.400 From where I will be expecting A bullish rebound LONG🚀 ✅Like and subscribe to never miss a new idea!✅
DXY failed to take liquidity at 101.748 and gave a structural shift to the upside with 4H bullish momentum candles indicating a potential long, i expect a reach to a target above 103.372 in to the supply zone. DXY might take liquidity at 102.432 or tap into the demand zone(buy zone) below 102.311 before hitting the supply zone 103.372.