I will be looking for pairs that correlate with the dollar. I will be looking for buy entries. DXY broke at least 2 BOS. Dollar formed a head and shoulders and now its ready to rock and roll down this hill.
As I've been saying, we really just need a breather after the huge runup in Bitcoin and the altcoins pre-halving and with 7 consequetive up months and Green candles. So it's no surprise April is selling off, and the halving was a 'sell the news' event. It's good news, because all markets need to rest and re-gain their strength to push higher. Watch the video...
Top-down analysis for Dollar Index. Price action after US PMI report. Important key levels. Potential scenarios. ❤️Please, support my work with like, thank you!❤️
Ahead of this week’s US GDP first estimate print and the PCE Price Index numbers, the US Dollar Index will likely be a watched market. Buyers remain firmly at the wheel. YTD, we are nearly +5.0%, with April on track to close higher for a fourth consecutive month, up +1.5% MTD. And from a technical standpoint, further outperformance is on the table.
Going over the days Price actions and expectations for tomorrow here we will take a quick look at: TVC:DXY CME_MINI:NQ1!
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...
The greenback is consolidating on weekly timeframe showing a strong build up for a bullish breakout.
Weaken Us economy will have affect on the dollar However the 140Bil $ Treasory Bond will be issued, that will drive the demand for US Dolar in the medium term .
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Been bullish for the past two week and on these week am looking for the price to head to the down side before we can push back to the upside.
DXY & XAU/USD DOLLAR: - Currently price broke above the weekly OB - created a new daily breaker block GOLD: - Price making new all time highs - Price rejected $2400 - Possible retracement before next up leg
Hi everyone! Im watching DXY ( Dollar Index ) as a running flat which is about to be completed and beacuse of that I will be watching for buy setups. I will not buy based on the analyisis and beacuse of that I will search for Lower Timeframe Confirmation before buying it. Good Luck !
My over view on the DXY looks bearish since price broke out of the bullish channel and retested the support levels on the channel..CPI is coming and am hoping that it will be the one pushing it to the downside. Remember NEWS create Volume not direction..
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Somehow, the dollar is looking neutral and waiting for something before making it's next move....
This is not a financial advise it's for educational purpose only. Like and follow me for more 🥰
Hello Traders! Price is still trading higher into this NFP week.
DXY: Another move up is possible The price is showing the possibility for another bullish wave inside the "Ascending Channel" Pattern. We may see DXY rising further up to 105.00 as a minimum. A move below the pattern can push it further. You may watch the video for further details Plan your trade, Trade your plan, and use proper risk management. We are not...