Dxy Bullish is unstoppable. With last week's analysis, we estimate that the price will approach the QM area. Here we can observe first, even though the price will be in the QM area not necessarily a reversal immediately. There is a possibility that the price will be consolidated for some time.
Introduction: In recent times, the US dollar has faced increasing challenges as both Japan and China take measures to defend their respective currencies. This shift in global dynamics has raised concerns among traders and investors who heavily rely on the US dollar as their primary asset. However, this situation also presents an opportunity for us to reassess our...
Pair : DXY Index Description : It has completed the Impulsive Waves " 12345 " and Making its " A " Corrective Wave. We have Break of Structure with Retracement it can Reject from Fibonacci Level - 38.20% / 50.00%
DXY Daily forecast to predict the next probability setup. I hope you can trust my trade setup. Keep supporting for more ideas. Thanks
DXY: DXY has been a trending bullish market since the lows of Friday 14th July 2023. The rally to the upside has cleared numerous Buyside liquidity pools resting above Thursday's 6th of July highs and the relatively equal highs of 31st May 2023 highs. I believe the next target for the DXY is the Volume imbalance of 9th / 10th March and the volume imbalance...
After taken liqudity of the sellseide and fill the fvg of monthly and change of structure ( Market structure Shift ) and rejection of order block we will see increase of the price to fill FVG of donwn trend and take liqudity of the buyside we will look opportunities of the buy position in low time frame
Ever since the greenback (DXY) hit the year's (2023) low at 99.595 on 14th July 2023 the price has steadily rise from the base of the descending channel and attempted to breakout on 17th August and finally broke out last Friday, 1st September on the back of the NFP fundamentals. Last Thursday daily candle closed above the EMA-200 and also broke out of the...
it looks to me like the dollar is going for a bullish run the weekly candle closed as a big big bullish hammer on a key level that it is not the only thing the price broke but it also broke a bearish trendline. we may see a dollar dominated by buyers
There is a possibility that Dxy has experienced saturation and Wave 5 has been formed. At present the price is trying to try to reversal, there is a blue line limit where if the price drops more than the area there is a possibility of bearish.
The DXY has formed a doji on the Daily frame which shows indecision in the price, however the DXY has been able to consolidate above the 103,917 support with a strong rejection wick above it which gives me a bullish signal to the trendline resistance at 104.991 with a possibility of breaking above the ascending channel to the next required resistance of...
Pair : DXY Index Description : DXY Index is Following Bearish Channel in Short Term Frame and it has Breakout the Upper Trend Line it can Reject from the Previous Strong Resistance ( 104.578 / 104.668 ) And in Long Time Frame it is Following ELLIOT WAVES Theory , according to it will make its " 4th " Corrective Wave at Fibonacci Level " 61.80 / 78.20% )
TVC:DXY CAPITALCOM:DXY Hello traders, please check my previous ideas about the dollar index. If the price stabilizes above the 3-hour Bollinger Midline, the probability of a bullish scenario and a break of the pressure zone (the area between the two trend lines) increases. Otherwise, if the dollar index fails to maintain the support of the 3-hour...
DXY is under resistance and may goes down again. Market is waiting for Jackson Hole Symposium, but, its like US Dollar can weak again. Trade safe. Good luck.
Brace yourselves as I bring you an exhilarating update on the current state of the US dollar (DXY) and its encounter with the formidable BRICS nations. You may have seen recent headlines highlighting the growing influence of BRICS (Brazil, Russia, India, China, and South Africa) on the global economic landscape. These emerging economies have been making waves,...
Pair : DXY Index Description : Strong Resistance Level Bullish Channel as an Corrective Pattern in STF Completed " 12345 " and " A " Corrective Wave Impulse Correction RSI - Divergence
Although in the past month the dollar index looks bullish, I am still under analysis that it is likely that there will still be a bearish / maybe a deep correction for the near time.
Here is my analysis for DXY on H1 using Order Block. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Hi everyone👋. 💡The DXY Index is ready to break the resistance lines; one of the signs is Bullish Marubozu Candlestick Pattern . 🌊If we look at the DXY from the theory of Elliott waves , we will find that DXY is on the way to completing wave 5 (📚If DXY breaks the resistance lines, we can confirm the end of wave 4 📚). 🔔I expect DXY to break the...