Pair : DXY Index
Description :
Impulse Correction
RSI - Divergence
Symmetrical Triangle
Break of Structure
Bullish Channel as an Corrective Pattern in Short Time Frame
In this presentation, we conduct an in-depth examination of the technical aspects related to the DXY. Our evaluation uncovers a possible trading prospect. We conduct a detailed review of the prevailing price movements, examine the market's framework with precision, and take into account the forces at play in the market. Given the advantageous circumstances, we...
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...
Pair : DXY INDEX
Description :
Bullish Channel as an Corrective Pattern in Short Time Frame
Completed " 12345 " Impulsive Waves
Break of Structure
RSI - Divergence
Fibonacci Level - 78.60%
US Dollar flirts with a fresh six-month high as traders divide markets in weak and strong currencies
The US Dollar locks in gains for this Friday and this week, trading at the strongest level since early-November. Traders are pushing the Greenback higher while markets are diving the forex markets in two camps with weaker-for-longer and stronger-for-longer...
Pair : DXY INDEX
Description :
Head and Shoulder as an Correction in Short Time Frame
Break of Structure and Retracement
RSI - Divergence
Completed " 12345 " Impulsive Waves and " AB " Corrective Waves
USD Index (DXY) Caught Between a Rock and a Hard Place. Catalyst May be Needed for a Breakout.
The US Dollar Index (DXY) has struggled to maintain the upside momentum it gained over the last 2 days. This could in part be down to the Thanksgiving Holiday and we could get a continuation of the recent bounce heading into next week.
The US Dollar has struggled on...
I'm closely monitoring the DXY (US Dollar Index) for indications of the dollar's trajectory into the weekend and early next week. The US dollar's influence on global markets makes the DXY a critical reference point for traders.
Given the strong correlation between many currency pairs and the US dollar, the DXY's current position at a key resistance level...
Pair : DXY Index
Description :
Bullish Channel as an Corrective Pattern in Short Time Frame
Double Top
RSI - Divergence
Elliot Waves - Completed " 12345 " Impulsive Waves and " AB " Corrective Waves
Break of Structure
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.)
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...
➡️ Long-term #DXY analysis (March 11 - March 16)
We doubt US data will move the Dollar much today and instead, investors are waiting to see if Friday's February NFP jobs release does indeed correct lower from the strong gains in January and December. Consensus is around 200K and any lower would probably be good for risk assets in that it would allow the...
Price is forming an expanding structure into a HTF Liq.P.
Considering DXY is approaching a resistance area, indicating USD might be ready for an exhaustion.
If price breaks above the Liq.P , finishes the expanding and closes back in; I will wait for the 1st continuation flag on the LTF for an entry short.
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Glossary:
VA – Value Area
Liq.P –...
Pair : DXY Index
Description :
Bullish Channel as an Corrective Pattern in Short Time Frame
Consolidation Phase
Break of Structure
Completed " 12 " Impulsive Waves
S / R Level
The US Dollar locks in gains for this week after hotter-than-expected US CPI and PPI figures. Traders are pushing the initial Fed rate cut towards September. The US Dollar Index trades at a crucial pivotal level that could unlock 104.00.
The US Dollar Index, also known as DXY, is used by traders seeking a measure of the value of USD against a basket of currencies...
