Dollar-index
DXY Swing Long! Buy!
Hello,Traders!
DXY has been going
Down for a while now
And the index looks
Oversold so after the
Retest of the horizontal
Support level of 99.074
I think we will see
A swing rebound
Buy!
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Dollar Weakens After FED AnnouncementsAs of now, the FED interest rate decision has been announced and the FED has kept the interest rate constant. In addition to keeping it steady, Powell still made harsh and hawkish statements. Personally, I have question marks in my mind about how full these explanations are. Because now the job is not just to reduce inflation and most business sectors have started to break. I don't think it can go on like this.
If we are talking about interest rates, the only factor we need to look at is the dollar index. The dollar index has technically formed a descending triangle. The level to be seen in a down break will be $ 98.
✅DXY SHORT FROM RESISTANCE🔥
✅DXY is set to retest a
Strong resistance level above at 103.6
After trading in a local uptrend for some time
Which makes a bearish pullback a likely scenario
With the target being a local support below at 103.2
SHORT🔥
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✅DXY BEARISH BIAS|SHORT🔥
✅DXY is trading in a rising
Channel which also happens
To be a bearish falg and the
Index is trading below the
Horizontal resistance level
Of 103.6 so IF we see
A bearish breakout from the
Flag then the price will
Go further down
SHORT🔥
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Dollar Index (DXY)dxy tested trend line and can't break trend line i think now rise to test supply zone and resistance if can't break resistance can drop to bottom of trend line and if can break we can get another drop to support zone drop after pullback to trendline or resistance
✅DXY BULLISH SETUP|LONG🚀
✅DXY broke the resistance
Cluster of the falling and
Horizontal resistance lines
At around 102.515 and went
Up so we are now bullish biased
On the index and after it retested
The demand area below I think
That we will see a move up
LONG🚀
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DXY: Local Long Signal!
Ladies and Gentelmen,
Here I present you
A long trade for DXY
Because the index
Has hit a demand level
While being overbought
So I am predicting growth
Here are the details:
Entry: 102.253
Stop Loss: 101.985
Target: 102.700
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✅DXY BUYING OPPORTUNITY|LONG🚀
✅DXY is already making
A bullish rebound after the
Index fell down sharply
And hit the horizontal
Support of 102.06
So I think we will see
A further bullish correction
LONG🚀
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DXY - Dollar Index AnalysisDXY - US Dollar Index Trade Analysis
According to chart pattern DXY is forming Cup and Handle Pattern and this point my be the trend reversal on shorter time frame.
Entry Point for Long: 103.0963
Target: 103.3263
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DXYDollar index in uptrend channel at 4H time frame and at daily in down trend if can break trendline can drop to support
and if can't break trendline can rise to resistance and can drop at resistance to suppot zone
✅DXY WILL KEEP GROWING|LONG🚀
✅DXY broke the key horizontal
Level of 103.58 which has
Become a support now and
As the index is in the uptrend
This further reinforces our
Bullish bias so we think
That DXY will keep growing
LONG🚀
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DXY falls moreFED powell has been made a serious impact to the dollar index which was overbought
because of the huge supply to the DXY.BUT dxy has not touched the valid area to sell .so we could see a simple upside move ment then it falls down ..
By the way DXy has been retraced about 38.2 in fibo levels and also the market had closed when it was retracing so that could be higher probability to come upside and hit tha valid zone move done
Overall trend may down f it breaks the trend line.
GOOD AND DOLLAR LUCK
DXY, The Wifey: Our 10-minute (up)DateI took DXY out on a date to see how she was doing because lately she's been too hype and hasn't let up — well actually that's all she's been doing is going up. smh
I just want her to relax, calm down (literally), and let me do the going up (in my bank account). LOLOLOLOLOL
✨ DXY Curve Analysis (3W) ✨RESISTANCE @ 116.82
— a break above this level would indicate an uptrend
SUPPORT RANGE 101.635 to 105.005
— now that Price Action (3W) has opened/closed below this range I'm anticipating a continuation of the downtrend
SUPPORT @ 90.80
— if Price opens/closes below 89.66, it should continue the downtrend; however, it's highly unlikely to break below.
DXY Local Short! Sell!
Hello,Traders!
DXY will soon hit a
Strong horizontal level
Of 102.03 so despite my
Bullish bias I think that
A local pullback is
To be expected
Sell!
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DXYDXY
Dollar index at support
..........
if can't break support will rise to
resisitance 102.093 - 102.174 - 102.288 - 102.397
...........
if can break support will drop to next support
101.746 - 101.643 - 101.492 - 101.307 - 101.087
DXYDXY tested support at 100.981 - 100.274
and can't break now getting to retest trendline or resistance at 102.664 - 103.262
if can't break resistance can drop to support at 100.981 - 100.274 if can break support can drop to 99.242 - 97.778
DXY Will Go Down! Sell!
Hello,Traders!
DXY is trading below the
Falling resistance line and
After another retest
We are seeing a bearish
Reaction so I am locally
Bearish biased and I think
That the price will go
Further down
Sell!
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DXY Will Fall Down! Sell!
Hello,Traders!
DXY is trading in an opening
Wedge and is consolidating
Below the falling resistance
From where I think the index
Will go down to retest the
Demand level of 101.4 below
Sell!
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✅DXY BUYING OPPORTUNITY|LONG🚀
✅DXY is going up currently
And the pair broke the falling resistance
Which is now a support, and after the pullback
And the retest, I think the price will go up
LONG🚀
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