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 D1 We've successfully breached the lower boundary of the previously anticipated support zone, as forecasted last week. There's potential for a retracement to retest the indicated price level before a further decline, aligning with the bearish sentiment on the USD, really looking to see some more dollar weakness unfold this week.
DXY D1 Today, or at least this morning is all about waiting for these corrections to unfold and settle. The DXY is being used to compare against FX pairs, and we are just waiting to see whether this resistance price holds, or breaks. Like I say, we aren't looking to trade just yet, merely try and get some consensus of direction early on in the week, we can...
CAPITALCOM:DXY good dayAccording to the chart of the financial markets, the dollar index has the potential to grow up to the range of 104 At the same time, all stocks will fallWatch the news According to what I said, my prediction is the increase of interest rates and the strength of the dollar in the above time frame.
US30 H8 We indicated the 34000 sell zone yesterday, and we have since seen a tame 1.5R from this area. Speaking with a few followers, this is something they've capitalised on. That being said, the concern for DXY downside throws a spanner in the works, and the chances of US30 pushing towards 35000 is becoming more and more. 35000 is certainly a preferred sell...
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!
hello guys... if you check dxy you can see the dxy touched the top line of the channel so we can expect every pair against the USD to go up!
Hello, Welcome to this analysis about the US-Dollar Currency Index, we are looking at the 4-hour timeframe perspectives. As I detected recently the index is forming an important formation that has a high possibility to be the origin of a bearish reversal to the downside that should not be underestimated. As when looking at my chart now we can watch there that...
✅DXY is going up and the Price broke the key horizontal Level of 104.310 went up then Made a pullback and a rebound So we are bullish biased mid-term And we will be expecting Bullish continuation LONG🚀 ✅Like and subscribe to never miss a new idea!✅
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.
Hello,Traders! DXY will fall after it Hits the horizontal Resistance level of 104.62 Because the index will be Locally overbought at this point Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
✅DXY broke the rising Support which is now a resistance And is headed up to retest it So I will be expecting a local Bearish pullback SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
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!✅
Hello,Traders! DXY will soon retest The horizontal resistance of 104.560 From where I think we will See a local correction Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
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.
The price is close to saturation and is in a corrective triangle, and when it cannot reject the previous price floor, the trend is expected to continue buying. . Dollar index......