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Dollar_index

DXY - Longer term! $DXY Longer term view Here's a longer term view technicals of DXY - Very important chart especially as we head into march with expected rate hikes and we do have FOMC today - as we anticipated the action forward ..Never forget the market is forward looking as yields head higher. The bullish momentum has occurred last yr Q4. Most of the % hikes is priced in but we could still have more bullish momentum to continue. Bullish if we stay above 50/21 EMA. Bearish if we go below 50/21 EMA. KEY TIP: Higher time frame is always a good indication for short term time frame movement. Trade Safe Disclaimer: Not Financial Advice
TVC:DXY
by Trade_Journal
GOLD at the point of no return. Dollar to beat gold, hands down!Gold needs to break the previous high. This chart has been uniquely made to remove the minor turbulences between Dollar and Gold. As you may notice, gold has been failing to reach previous high. And a triple bottom has formed. That red line at the bottom also shows that over a long period, gold has reached its significant top and for gold to go for the moon, it needs to break the bottom red line decisively with a backtest. Needless to say, it is noticed that gold's weekly SMA have different stories to tell. Dollars weekly SMA in comparison to gold favors DXY as the golden cross has just happened (or is happening as I write).
TVC:DXYLong
by indian_ceaser
Bullish during the War Weekly Timeframe Awesome Oscillator is still having its Bearish Retracement. We are looking for green volume next week to see more upside candles. Ichimoku-Cloud is still holding on, we are still inside the cloud which is fairly bullish. EMA Ribbon is still bullish it hasn't changed really from being bullish since 2011. We are currently experiencing two spring up. if we close with green candle we can expect more to the upside. 1D Timeframe This is Double Bottom that has huge potential to the upside. We already broke the cloud and the next rejection area is $42,221. We just need to hold on to this line of support and wait for the push up after consolidation; and if we don't, then we can see a movement to the downside. Our retracement in daily time-frame has shown green volume already in AO, it means this is the beginning of more volume and candle to the upside. The bottom are reached in the Retracement. RSI is also about to cross its Moving Average which means we are crossing a bullish zone for RSI. 4H Timeframe 200 Moving Average in 4h timeframe becomes weak and easy to break. We have broken the resistance in the second retest, so we can expect more to the upside. We need to break $39,904 and hold it as our support area then break $40,646 to continue the bull run. AO is already bullish and no sign of retracement yet. We will discuss more on the possibility on our Live. Stay tune and check with us! Want more insights before US market open? Hit Like, Share, and Subscribe for more daily trading tutorial & cryptocurrency news TradeScholar, the best cryptocurrency educational community online! Find the content above difficult to understand? Feeling lost about how to trade? Want to learn how to do your Own Price Prediction? We endeavour to share you our investment knowledge & experience in order to help you starting your path to financial freedom. Follow, Subscribe & Join our Community to trade together! Disclaimer: Above technical analysis is pure educational information, not Investment Advice. The information provided on this post does not constitute investment advice, financial advice, trading advice, or any other sort of advice and you should not treat any of the website's content as such. Do conduct your own due diligence and consult your financial advisor before making any investment decisions.
BITSTAMP:BTCUSDLong
by Trade_Scholar
What Does DXY Want To Do Next?!As we all know the chaos between Russia and Ukraine has escalated into an all-out war! Where does that leave the dollar index? How does it affect the movement? Will we see drastic moves or will it continue to move according to market structure? Personally, I cannot say what the DXY will do, but… I can give my best analysis on it! We seen from the previous week then dollar was bearish and mid-week, she made a hard dip and then a quick move up! Few of the assets paired with the dollar (UCAD, UJ, EU, GU, etc.) were showing signs of uncertainty. Selling off dramatically, buying up frantically, no one seemed to know what was going on. This coming week I will anticipate the dollar index to become bullish. As of late, oil prices have been surging and somehow the dollar looks to (somewhat) still be in tact. Also the US is reportedly mustering up a nuclear deal with Iran. If the deal goes through we could see oil prices coming down, which would mean a rise in the almighty dollar! On my chart at the most recent level of price action you can see DXY stopped going lower than a certain level and has found small support after shorting on the 15th & 17th. Markets have been very active lately so it would be wise to follow up on any news events and correlate them with your analysis! As for me? I’ll be paying close attention to the issues with Russia and Ukraine, how dxy, gold, and oil prices react, and what new information is being released to directly affect the markets. Overall this coming week on DXY: BULLISH
TVC:DXY
by BigPippn
2
DXY dollar will be bullishDXY dollar will be bullish Dollar created a bullish pattern. Be carefull, patient and discipline. This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading. Good trades to All.
TVC:DXYLong
by miketiger
DXY 96.03 - 0.07% SHORT IDEA * PRICE ACTION & REVERSAL PTTNS HELLO EVERYONE HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE. NEW WEEK, NEW OPPORTUNITIES. LOOKING AT THE DOLLAR INDEX * The INDEX is currently trading in a RISING WEDGE , tested the ROOF of this structure. - looking at a possible H&S FORMATION the 4H AND LOWER. - Short term the pair has currently entered an uptrend on the 4h chart this. - Strong bullish momentum towards resistance will invalidate the whole set up. - Looking for SHORT entries on the INDEX this week should all the rules of the formation be met. lets see how it goes IF THIS IDEA ASSISTS IN ANY OR IF YOU LIKE THIS ONE SMASH THAT LIKE BUTTON & LEAVE A COMMENT. ALWAYS APPRECIATED ____________________________________________________________________________________________________________________ * Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT. _____________________________________________________________________________________________________________________ | * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - SWING TRADE
TVC:DXYShort
by PULEMokhothu