✅The DXY index has succeeded in breaking the 🔴 Resistance zone($104.27-$103.80) 🔴. 📈From the point of view of Classical Technical Analysis , DXY seems to have succeeded in forming an Ascending Broadening Wedge Pattern . Of course, we must wait for the reaction to the upper line of this pattern . 🔔I expect the DXY index to rise to at least 🟡 Potential...
Hey there on 1htF the USOIL also Looking For Fly to The upside We can next support area see 86$ so now as we continue looking for upside the market has making pressure for every point to make some liquidity and then go upside
Hey there on 1htF the DXY has slipped over and will Go Downside If the next resistance support touch and continue rise then so we can see that can continue fly with Gold and upside rise
Waiting for the DXY to form an original consolidation and perform an MSS to signal the beginning of a Market Maker Buy Model, for now just observing this possible formation.
Recent Achievements: DXY has reached our previously set targets as mentioned in DXY Descent Alert: Path to 102.800 - 102.280 . Post-achievement, the focus was on determining the subsequent direction of DXY. Trend Line Breakthrough: Following its last ascent, DXY broke through the monthly trend line, a detail observable in our previous analyses, peaking...
Interest rates in the United States do not fall easily and are accepted by the Federal Reserve when inflation is in equilibrium. It is possible that with the reduction of international tensions, the global price of gold(xau/usd) will decrease, and if we go along with the reduction of interest rates, the increase in demand can be seen in the global price of...
The DXY's daily chart suggests a bullish continuation. A Fibonacci retracement could offer a favorable long entry point. Target potential profits at previous swing highs. (Disclaimer: For educational purposes only.)
After the previous detailed analysis on DXY, which we recognized the correction well, we have now reached an important order block in the 4-hour and daily time frame. If this important level is broken, the next level can bring the price back to the target.
The US Dollar Index (DXY) is currently hovering around a crucial support area ranging from 104.1 to 104.3. The significance of this support zone lies in its potential to dictate the future direction of the dollar. If the support holds and the price action confirms a bounce, it could signify strength in the dollar, potentially leading it towards the 105 level....
Pair : DXY Index Description : Exp FIAT as an Corrective Pattern in Short Time Frame RSI - Divergence Break of Structure Completed " 12345 " Impulsive Waves Demand Zone
💲DXY: Last week, DXY had a surge after the FOMC meeting and reached its highest level of the week around 104.2. Regarding technical analysis, we can see that DXY has broken through the Downtrend line and the key level 103.5 - 103.7. With this development as well as the strong increase in the last 2 days of the week, I will appreciate the upward trend for DXY for...
Monthly: The price has been showing strong resistance in M-BPR. So we could anticipate that the price has been started to fall down, If We get any Daily Bearish-MSS, After that we could go down. Monthly Bias: Consolidation Weekly: The price has been touched the W-FVG- There is a W-BSL resting in 105.00 level. So we could anticipate the price will take the...
Daily: The price hasn't been able to closed above the D-FVG-CE, there has been W-FVG- has been created, So we could anticipate that in the upcoming week we could test the W-FVG- then go towards to the downward direction. Daily Bias: Bearish.
Daily: The price has not respect the W-FVG & D-FVG, if we have daily closing above the W-FVG-103.606, then we can anticipate the price will go towards the D-BSL 104.292. Daily Bias: Bulish
DXY - 4h - NEW UPDATE Nothing bearish for now on 4h. Testing resistance zone now.
Based on the daily chart, I'm expecting a correction to 105 before bearish continuation. If 105 does not hold then we like will see dollar getting strong, so that leaves a question of whats gonna happen to pairs trading against the dollar?? but I am expecting 105 to hold, then from then bearish continuation to complete wave 5 since if 105 holds then our wave 4...
Hello, The dollar index TVC:DXY started an uptrend from 100.600. After reaching the liquidity zone around 104.900, it faced a correction due to profit-taking by buyers. The correction extended down to the demand zone at 102.300. The index has bounced back from the demand zone and is trading at 104.000. The EMA is moving between the candlesticks, indicating a...
It is now on an important support area. Also, the fear index has peaked in the market and this forms important return points and zones in most cases