USD INDEX (DXY) Weekly Forex Forecast... BEARISH!Bias is Bearish. Looking for price to close below 104.00, forming -FVGs along the way.Short07:27by RT_Money2
DXY Index is Ready to Pump by 🌄Morning Candlestick Pattern🌄🏃♂️DXY Index is moving near the 🟢 Support zone($104.27-$103.90) 🟢, and 200_SMA(Daily) and 100_SMA(Daily) , and the lower line of the ascending channel . 💡Also, the Morning Candlestick Pattern is clearly visible. 🌊According to the theory of Elliott waves , it seems that the DXY Index has completed the Double Three Correction(WXY) in the support zone . 🔔I expect the DXY Index to rise to at least the Resistance line . U.S.Dollar Currency Index ( DXYUSD ) Analyze, 4-hour time frame⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.Longby pejman_zwinUpdated 5547
LONG DXYI believe there's a high chance for DXY to rally until next major news event.Longby Nugget_Warrior2
Dxy is ready to dump!DXY is bearish. ●On HTF weekly FVG/BISI disrespected and now become an Invesion Fvg which should act as resistance. ●On Daily timeframe DXY got a rejection from The Daily +OB. ●In 4h Dcy created FVG which should bring Dxy down. ●Downside targets for DXY are 104.080 and 103.880 for now. ●Dxy should stay bearishso that other markets like stock, Crypto and Forex should see higher prices.Shortby Camouflage891
$DXY going higher!I expected TVC:DXY to dive to 97 before this because I didn't think the BOJ could hold on this long. I guess we need the dollar to go higher to make the BOJ to dump treasuries so the FED can cut rates and metals can hyperinflate. TVC:DXY is bull-flagging and TTM squeeze is ready on EVERY TM! That means a huge slam for gold is coming up...Longby EmptyEternityUpdated 2
DXY will go down BTC pump expected 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 satisfied. Please also refer to the Important Risk Notice linked below. DisclaimerShortby bullstraders71
DXY POTENTIAL REVERSAL WITH A BREAKOUTDXY is currently trading within an expanding channel. A potential reversal could occur if the price manages to break out bullishly from this structure and surpass the identified consolidation zone. However, if this breakout does not happen as anticipated, we might see a further decline or an extended period of consolidation.Longby traderchamp_2
check the trend It is expected that after some fluctuation, we will see the continuation of the upward trend. If the index creates a new bottom and crosses the 78.6% level, the continuation of the downward trend will be likelyLongby STPFOREX1
Two Scenarios for DXYUS dollar index is currently sitting on a major falling trend line and in my opinion there are two paths ahead: - The Blue Arrow : Bulls gain control and move the index to the red rectangle. - The Red Arrow : Bears breaks this trend line and price falls to the green rectangle. Good luck!by Palambir1
Strong Bounce Off SupportDXY is trading within an ascending channel. if DXY holds this level and heads to the top of the channel, then BTC will breakdown from the ascending channel it is trading in (you can see my post). There is no chance both of them will continue to rise toward the top of the channels. either btc will break down or dxy, and so far dxy has shown more strength. by SforShiraz1
DXY STRUCTUREUsing correlation analysis DXY has a negative correlation with EURUSD, this is the inverse of EURUSD and we will sit on our hands and wait for this to play out before we can commit to the market, allow the market to commit to you before you commit to the market.by Dr_Trade11
DOLLAR BULLISH???!!!!! Dollar retested from the Day Trendline1.According to my view dollar reached its Target and retested from Day Trendline Liquidity and the Support Zone. 2.If its broke the Resistance and upper Trendline then it'll reach the major resistance zone. 3.If Dollar broke the current support zone then it'll reach the next support around 103.000. 4.Day 200 EMA retested well. by Sha_The_IconUpdated 4
DOLLAR INDEXHello Traders! The direction of our prediction of the movement of the dollar index Touch target is 107 dollars and then correction to 98 dollars according to the image aheadby drneowave1
DXY to call ECB's bluffThe broad based dollar index has held up well and the 200-day MA support level at 104.43 is keeping the dollar from further depreciation. The DXY is looking set to make another leg higher if the ECB serve markets with a rate cut this week. The ECB, along with the Bank of England, has been very outspoken recently that they plan to diverge from the Fed’s monetary policy path and that their economies are almost at a point in which they can start cutting rates. This week provides the opportune time for the ECB to put their euros where their mouth is, but we can expect another strong dollar rally if they actually do…Longby Goose961
DXY bearish, has SHS patternDXY will bearish, has SHS pattern dan already retest. Lets See Happy Trading Disclaimer OnShortby EdyDragon2
FOREX WEEKLY FORECASTWEEKLY FOREX FORECAST NEWS UPDATE Introduction: Welcome back to our Weekly Forex Forecast, where we delve into the intricacies of the currency markets to provide you with valuable insights and predictions for the week ahead. In this edition, we'll be closely examining the Dollar Index, GBPUSD, EURUSD, and USDJPY pairs, analyzing key technical and fundamental factors to help you navigate the turbulent waters of the forex market. Dollar Index (DXY):The Dollar Index, which measures the value of the US dollar against a basket of major currencies, has been experiencing some fluctuations in recent weeks. The index's performance is influenced by various factors, including economic data, monetary policy decisions, and geopolitical events. As we head into the new week, investors will be closely watching for any developments on the inflation front, as well as any signals from the Federal Reserve regarding interest rate hikes. Although we have been constantly Bullish on this since the beginning of this year, on the Daily Time frame, the market has left us a chart pattern reversal, which is the inversted Head & Shoulders, which also do mean that we have once again, been convinced that the Bulls should keep this market going higher admidst the ups and downs in the market today.Longby eddychuksuniversity1
%%%%% DXY UNIQUE IDEA %%%% #DXY UPDATE Hey team hope you all are enjoying our ideas and analysis. Now we are here to discuss About DXY. DXY is breaking the main bearish flag pattern. After this drop we can price around 104 soon. This will effect whole forex market. Keep in touch we will update further soon.Longby Williamforex3
DXY IndexPair : DXY Index Description : Completed " 12345 " Impulsive Waves and " ABC " Corrective Waves Break of Structure Bullish Channel as an Corrective Pattern in Short Time Frame RSI - Divergence Demand Zoneby ForexDetective4
DXY for the next few days.. Hello, Mates hope you all are doing well and enjoying the weekend. This is my thoughts about DXY for the next few days. NOTE: This is only based on technical analysis fundamental or geopolitical situations may change the direction to any side. Shortby thebullsquad5
DXY LONG SETUPpossible recovery for us dollar. possible target : 108+ good luck. Longby VulcanoRossoUpdated 16
My expectations for the #US dollar in the short and medium term.Here are my thoughts: Good luck, mates. The targets shown on the chart.by Lawrence-Sherif4
dxy is getting beairsh again 💀 boost and follow for more❤️🔥 a recent fake out breakout past resistance zone, now sitting at a trend support.. I wont be surprised to see it slice through trend support and head down to 97-100 targets in the next few weeks or so 🎯Shortby Vibranium_CapitalUpdated 2218