DXY Head and Shoulder Pattern 4H Possible formation of a head and shoulders pattern on the 4H timeframe. Pattern is a reversal pattern, could possibly break the 4H trendline to continue the daily timeframe downtrend. Would be looking for shorts from the 50% to 61.8% Fib levels. Further confluence is the RSI showing now entering overbought levels on the 4H...
Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX If you like the idea, do not forget to support with a like and follow. DXY QUICK UPDATE 📚 👉As we can see price is still overall bullish from a medium-term perspective trading inside this channel making clean higher highs and higher lows as well. 📚 👉Meanwhile, for the bulls to remain in...
Despite the shenanigans of the dollar index at the level of 103.50, we still expect an increase in the price of the greenback. Our prediction is that the price of the dollar index will cross the level of 105. Serious demands are placed in the range of 102.70 to 103.00. In our opinion, this level can be the lowest price of the dollar index. Currently, the dollar...
We are still expecting DXY to continue Bullish on HTF. Internally expecting a bearish drop before a continuation rally up.
# DXY seen to have momentum in bullish side ., the markert current market price moving from the bullish flag , to a supply wherethe markert may makedecision for either further bullish or bearish
I noticed a strong bullish reversal signal on 📈DXY. The pair successfully broke through a resistance line in a descending channel after testing a significant horizontal support level. This breakout indicates the possibility of an upward trend, with potential targets at 104.20 and 104.41.
Today's focus: USDX Pattern – Continuation (Bullish) Support – 103.65 Resistance – 103.96 Hi, traders; thanks for tuning in for today's update. Today, we are looking at USDX on the daily chart. Today, we are asking if the USDX will set off on a new continuation higher after posting further bullish price action. The worry is if we don't see a close above...
Asian markets approached Wednesday cautiously in anticipation of a forthcoming U.S. inflation report, which holds potential to influence the Federal Reserve's timeline for implementing monetary easing. Concurrently, the New Zealand dollar experienced a significant decline following the central bank's softened stance on interest rates. New Zealand's central bank...
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Hey my fellow traders, As you can see on the lower time frame there has been a change of structure and starting to create Higher highs. This is after a recent retracement for the dollar after its bullish move. Shorting Eur/Usd. Feel free to ask any questions below!
The chart doesn't make lower highs and lower lows since July 23, the stock market doesn't make the inverse since Oct 22, but I think we could reach 111 level.... I think that we are in ABC pattern and from here is a C wave, this count is traced with a uptrend channel. If my view is correct this can begin sooner than I expect.
DXY is showing some possible bullish signs. This is an addition to my earlier DXY post. - Work of pure fiction and magic This is no financial advice.
Trand in trend setup.. dollar to gain strength to 105 /break Below trendline and go for 102.
Hi, folks It's my opinion on DXY, after sweep the liquidity price can go through buystops.
The DXY has displayed a contraction pattern, signaling uncertainty. Today's anticipated Consumer Confidence and Durable Goods Orders reports could inject volatility. Technical analysis: The DXY is navigating within a descending channel, hinting at a bearish sentiment. After it broke out of a bullish flag pattern, it pushed up to the major resistance of 105.00,...
Multiple time frame analysis for Dollar Index. Daily/4h time frames analysis. Price action. Key levels. Potential scenarios. ❤️Please, support this video with like and comment!❤️
1D Frame Analysis Update: Following the detailed insights from our " DXY 1D: A Close Look at the Ongoing Correction Wave " the index has hit the anticipated marks quicker and more profoundly, indicating a stronger than expected momentum. Immediate Outlook: We are now eyeing a significant rebound towards the 104-105 area to complete the ongoing correction's...