Dxy enter the IFVG last which overlaps with the -71% on the fib. This is a strong zone and i will be looking for dxy to go north. Let me know what you think by leaving a comments.
Hi everyone, Here we are at another Sunday. Time for some analysis. Everything I had to say is covered in the video, but for a TLDR; I am still bullish on the Dollar. Although, I'm not convinced we have reached an intermediate bottom yet. I'm still waiting for more confirmation in order to have the highest probability of being on-side. Comparing with other...
6th May DXY: Currently consolidating slightly above 105, needs to break 105 support to head down to 104.60. NZDUSD: Buy 0.6025 SL 25 TP 50 AUDUSD: Buy 0.6670 SL 20 TP 55 USDJPY: Test and reject, Sell 154 SL 30 TP 200 GBPUSD: Buy 1.2643 SL 20 TP 60 EURUSD: Buy 1.0805 SL 25 TP 65 USDCHF: Buy 0.9025 SL 30 TP 115 (confirmation for big upside is above...
The dollar has made a big bullish reaction during the NFP. The whole week it was trading up now we are getting the first pullback, I think it can dip just to the discount and continue up as stated on this idea below. Always follow these rules - Accumulation / Manipulation / Distribution - No liquidity raid = No trade - Never buy high and never sell...
Here's what I see for DXY, along with potential mid-term target. I think we are in the middle of a three drive up pattern. We should have retraced down to 104 to hit the 61.8 fib, as we did in the first drive. However we only made it to the 50% of second drive before bouncing back up, likely because of renewed yen weakness after intervention. Yet the 1.618...
9th May DXY:Look to break out of consolidation, push up higher to 105.80 (61.8%), could retest trendline, rise to 106.10 NZDUSD: Sell 0.5975 SL 20 TP 40 AUDUSD: Buy 0.6595 SL 30 TP 60 (dxy weakens) USDJPY: Buy 156.25 SL 30 TP 70 GBPUSD: Buy 1.2475 SL 20 TP 60 EURUSD: Sell 1.0720 SL 20 TP 40 USDCHF: Buy 0.91 SL 20 TP 40 (break out of consolidation) USDCAD:...
8th May DXY: At 105.50 and push up higher to 105.80 (61.8%), beyond that, 106.10 NZDUSD: Sell 0.5975 SL 15 TP 35 AUDUSD: Sell 0.6565 SL 20 TP 40 USDJPY: Looking for a reaction at 156 sound number resistance GBPUSD: Buy 1.2475 SL 20 TP 60 EURUSD: Sell 1.0720 SL 20 TP 40 USDCHF: Test and reject resistance, Sell 0.9135 SL 20 TP 40 USDCAD: Sell 1.3770 SL 20...
Pair : DXY Index Description : Completed " 12345 " Impulsive Waves and " AB " Corrective Waves Break of Structure Bullish Channel as an Corrective Pattern in Short Time Frame RSI - Divergence Resistance Level and Rejection
Hi Traders ! On The Daily Time Frame: The Dollar Index Formed a Double TOP Pattern. The Neckline is Broken ! So, I Expect a Bearish Move 📉. __________ TARGET: 105.000🎯
Today's US fundamentals are very bearish for Dollar Index. After a test of a key daily horizontal resistance, the price formed a strong bearish imbalance and violated a support line of a rising wedge pattern on a 4H time frame. I think that the fall may continue. Next support - 104.9 ❤️Please, support my work with like, thank you!❤️
Hs its time to down I no longer buy dollars This is not a financial advice dyorr Enjoyy
As of the time of writing, the DXY index extended its recovery for the fourth consecutive session, trading around 105.50 and at the same time putting pressure on major currency pairs. In the early morning of May 9, the State Bank announced that the central exchange rate USD/VND increased by 6 VND, currently at 24,249 VND. The reference exchange rate at the State...
Currently, the dollar trend indicates a bearish direction, suggesting that pairs I typically trade, such as GU, EU, and gold, may rise. Presently, I anticipate a retracement to occur towards an 8-hour supply zone I've identified, facilitating the continuation of the bearish trajectory. This ideally aligns with my strategy until the price drops to around the 104...
Hello everyone as you all of us and our markets are dependent to US Dollar and it is true, if you like it or not. For this reason we should consider its chart as a confirmatory study (but not always). If this counting and prediction is correct, so we will see a sharp drop in DXY that can justify our expected rally in Crypto market (and other high risk markets). Thanks
Hey team Hope you are Enjoying our ideas and Analysis. Today we are Monitoring DXY Hope you will Take Profit From our Chart Analyse.. Dollars have retested a demand or Trend line of 103.900 From where willbe Expecting a local Pullback And a Move Up.....🔥 Good Luck Guys 🤞
TVC:DXY "Excellence is not a singular act but a habit. You are what you do repeatedly." -Shaquille O'Neal Yoo Family I hope all is well!! Paying close attention to the US Dollar is very important when it comes to my trading especially since I trade GOLD...Hopefully this breakdown can help you as well... I constructed this narrative simply off the Weekly,...
"After the sharp decline in the US dollar index due to the recent employment data and unemployment rate, we are facing an important event, which is the inflation data. If the data comes in high, this will be a shock and surprise to the market, and the index will rise again above 106. The second scenario is a decrease in inflation, which is possible at the...
We are in first week of April , We have to wait for bias ow decide move. just one thing is interest for me, The external liquidity is ready for purge and we are at internal liquidity .