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Dollar_index

Can The Dollar Push Higher? Hey traders, welcome back. The dollar is increasing heavily to the upside as I make this video. Now we don't know how price will close but it is important to watch how she closes today. If price continues this could affect the major currency pair market in a mighty way. All Base dollar pairs could continue to increase while Quote dollar pairs could continue to decrease. It's a patience game right now, but may be one to play if you have the right hand.
TVC:DXYLong
by ShaquanLopez
2
US Dollar Soaring with US Yield - Let's Long DXY!US dollar is currently on the rise, dancing in perfect harmony with the surging US yield! The US dollar has been flexing its muscles lately, gaining strength against several major currencies. This upward trajectory has been propelled by the impressive rise in US yields, which have been climbing to new heights. It's a fantastic opportunity for us to capitalize on this bullish trend and potentially reap some significant rewards. Now, you might be wondering how we can make the most of this incredible situation. Well, my dear traders, I would highly encourage you to consider going long on the US Dollar Index (DXY). By taking a long position on DXY, we can align ourselves with the current market sentiment and potentially maximize our profits. Here's why I believe this is a golden opportunity: 1. Strong US Economy: The US economy has been showing remarkable resilience, with positive economic indicators and robust recovery efforts. This strength is attracting investors, leading to increased demand for the US dollar. 2. Rising US Yield: The surge in US yields has been grabbing attention worldwide, making US bonds more attractive to investors seeking higher returns. This influx of capital further bolsters the US dollar's position. 3. Technical Indicators: By analyzing technical indicators, we can see a bullish pattern emerging in the US dollar. This pattern, combined with the positive fundamentals, reinforces our confidence in the potential success of a long position on DXY. So, my dear traders, let's seize this opportunity and ride the wave of the rising US dollar together! I urge you to carefully evaluate your trading strategies, assess the risks involved, and consider initiating a long position on DXY to potentially capitalize on this exciting market movement. Remember, success in trading often comes from recognizing opportunities and acting upon them swiftly. The US dollar's ascent, coupled with the soaring US yield, presents us with a chance to make profitable trades and elevate our trading portfolios.
TVC:DXYLong
by bryandowningqln
⚠️DXY will Go Down again⏰(15-Min)⏰⚠️DXY Index is running near the Uptrend line and 🟡 Price Reversal Zone(PRZ) 🟡. According to the theory of Elliott waves , the DXY index has succeeded in completing its 5 ascending waves near the 🟡 Price Reversal Zone(PRZ) 🟡. 💡Also, we can see Regular Divergence(RD-) between two consecutive peaks. 🔔I expect the DXY Index to trend lower in the coming hours and at least go down to the 🟢 Support zone($106.330_$106.160) 🟢. U.S.Dollar Currency Index ( DXYUSD ) Analyze, 15-minute time frame⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy; this is just my Idea, and I will be glad to see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
TVC:DXYShort
by pejman_zwin
11
💸DXY Index💸 will Go Up by Falling Wedge Pattern⏰(1-Hour)⏰✅The DXY Index has completed a Falling Wedge Pattern in the 🟢Heavy Support zone($105.80_$104.530)🟢 and 🟡 Price Reversal Zone(PRZ) 🟡. 💡Also, we can see Regular Divergence(RD+) between two consecutive valleys . 🔔I expect the DXY Index will go UP after breaking the upper line of the Falling Wedge Pattern to the 🔴 Resistance zone 🔴. U.S.Dollar Currency Index ( DXYUSD ) Analyze, 1-hour time frame⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy; this is just my Idea, and I will be glad to see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
TVC:DXYLong
by pejman_zwin
17
Potential for Continued Rise in US Dollar as Bond Yields SpikeBond yields have been on the rise lately, and this trend may continue in the near future. As a result, it is crucial to approach the situation with caution and consider the potential opportunities it presents. The correlation between bond yields and the US dollar is well-established. When bond yields increase, it often attracts foreign investors seeking higher returns, leading to an appreciation in the value of the US dollar. Given the recent spike in bond yields, it is reasonable to anticipate a continued rise in the US dollar's value. However, it is important to note that market dynamics can be unpredictable, and various factors can influence currency movements. Therefore, I encourage you to exercise prudence and conduct thorough analysis before making any trading decisions. Here are a few factors to consider: 1. Monitor Economic Data: Keep a close eye on economic indicators such as inflation rates, employment figures, and GDP growth. These data points can provide insights into the overall health of the US economy and its potential impact on the currency. 2. Central Bank Policies: Stay informed about any shifts in monetary policies by the Federal Reserve. Changes in interest rates or quantitative easing measures can significantly influence the US dollar's trajectory. 3. Global Events and Geopolitical Risks: Consider geopolitical developments and their potential impact on the US dollar. Factors such as trade tensions, political instability, or unexpected events can create volatility in the currency markets. Considering the potential for the US dollar to continue its rise, it may be prudent to explore long positions on the currency. However, I strongly urge you to conduct thorough research and consult with your financial advisors before making any investment decisions. Remember, trading involves inherent risks, and it is crucial to carefully assess your risk tolerance and financial goals. As always, it is essential to stay updated with the latest market news and trends. By staying informed and adopting a cautious approach, you can navigate the currency markets more effectively. Wishing you successful trading ahead!
TVC:DXYLong
by bryandowningqln
2
Celebrating the Bright Future of the US Dollar! 🌞I bring you fantastic news that will surely make your day even brighter. The upcoming job report expect to have an impressive addition of 150,000 new jobs, coupled with a lower unemployment rate. This remarkable achievement will set the stage for an exciting journey ahead for the US dollar! The US economy continues to demonstrate its resilience and strength, and these latest figures are a testament to that fact. With each passing day, the US dollar is becoming an even more attractive investment opportunity. As traders, it is essential to recognize and seize the potential this brings to our portfolios. So, what does this mean for you? It's time to consider a long position on the US dollar! The positive job report signals a favorable market sentiment and reflects the growing confidence in the US economy. By taking advantage of this upward trend, we can position ourselves to reap the benefits of a strengthening US dollar. Here are a few compelling reasons why you should consider going long on the US dollar: 1. Economic Growth: The addition of 150,000 new jobs indicates a robust and expanding economy. This growth is likely to fuel increased consumer spending and business investments, further bolstering the value of the US dollar. 2. Lower Unemployment: The decrease in the unemployment rate signifies a healthier labor market, which translates into higher wages and increased consumer confidence. As disposable incomes rise, so does the demand for goods and services, ultimately benefiting the US dollar. 3. Global Safe Haven: In times of uncertainty, the US dollar has historically been a safe haven for investors. With its strong economic fundamentals and stable political environment, the US dollar is likely to attract capital flows, driving its value higher. Now is the time to act! As traders, we have the opportunity to capitalize on this positive news and optimize our investment strategies. By going long on the US dollar, we position ourselves to potentially unlock substantial gains in the future. Remember, successful trading requires staying informed and making well-informed decisions. Keep a close eye on market trends, economic indicators, and geopolitical events that may impact the US dollar's performance. Let's embark on this exciting journey together, riding the wave of optimism and prosperity that lies ahead. Long live the US dollar!
TVC:DXYLong
by bryandowningqln
Dollar index long viewThe dollar index: an interesting comparison of previous pullbacks. In the period from 2003-2008, the dollar index lost 41% of its value. A historical low was formed at the 70,698 level, and the dollar is starting a bullish trend, breaking through the EMA200 daily and forming a higher low. Since that moment, we have been in a bullish trend and are monitoring each pullback's strength. From 2008 to date, we have seen five pullbacks, with the dollar falling 13%-18% in that period. Soon, the dollar could find new support and start a longer-term bullish trend. This week was positive for the dollar index and could trigger a significant increase in the dollar in the coming period.
TVC:DXYLong
by Aleksin_Aleksandar
6
Mighty Dollar Soars as Competing Currencies Succumb to InflationGet ready to witness an exhilarating opportunity in the world of currency trading! The global economic landscape is undergoing a seismic shift as major currencies face mounting inflationary pressures. Amidst this chaos, the mighty US dollar emerges as the frontrunner, poised to dominate the market. Brace yourselves for an exciting ride as we delve into the reasons behind the dollar's rise and present a compelling call to action for you to long the dollar! 1. Inflationary Headwinds 2. The Dollar's Unyielding Strength 3. Long the Dollar - A Lucrative Opportunity Call-to-Action: Are you ready to ride the wave of the dollar's ascent? Here's your call to action: 1. Educate Yourself: Dive deep into the currency market dynamics, understand the factors influencing the dollar's rise, and equip yourself with the knowledge to make informed trading decisions. 2. Analyze Market Trends: Keep a close eye on economic indicators, central bank policies, and geopolitical developments that impact currency values. Stay ahead of the curve and identify potential entry points for prolonged positions on the dollar. 3. Seek Expert Advice: Consult with experienced forex traders or financial advisors who can provide valuable insights and guidance on maximizing your dollar trading strategy. 4. Execute Your Trades: Utilize reputable trading platforms that offer access to a wide range of currency pairs, allowing you to capitalize on the dollar's rise against weaker currencies. Conclusion: Traders, the stage is set for an exhilarating journey into the world of currency trading. As major currencies face higher inflation pressure, the dollar emerges as the undisputed champion, ready to conquer the market. Seize this momentous opportunity, long the dollar, and embark on a path to potential profits. The time to act is now! Disclaimer: Trading involves risks, and conducting thorough research and seeking professional advice is crucial before making any financial decisions.
TVC:DXY
by bryandowningqln
DXY Rangebound Since Dec Don't Miss the Opportunity to Long It's time to dive into the world of currency markets and explore what's been happening with the DXY (US Dollar Index) since December. Despite the buzz surrounding Jerome Powell's Jackson Hole speech, the DXY has been in a range. However, fear not, as this article aims to illuminate this situation and present a compelling case for why now might be the perfect time to long the dollar. So, let's get started! Understanding the DXY Rangebound Situation: Since December, the DXY has displayed remarkable rangebound behavior, seemingly unaffected by various market events and economic indicators. This range has left many traders wondering about the potential opportunities. Even Jerome Powell's highly anticipated speech at Jackson Hole failed to break the DXY free from its confines. The Call-to-Action: Long the Dollar! While the DXY's rangebound behavior may seem discouraging initially, it's important to remember that within every challenge lies an opportunity. Now is the time to consider going long on the dollar, and here's why: 1. Economic Resilience: The US economy has demonstrated remarkable resilience amidst global uncertainties, thanks to solid consumer spending, robust corporate earnings, and a proactive fiscal stimulus. These factors position the dollar favorably for potential gains shortly. 2. Interest Rate Divergence: The Federal Reserve's commitment to maintaining accommodative monetary policies while other major central banks contemplate tightening provides a unique advantage for the dollar. This divergence in interest rates can attract investors seeking higher yields, further boosting the dollar's strength. 3. Safe-Haven Appeal: In times of uncertainty, the US dollar has historically served as a safe-haven currency. With geopolitical tensions, ongoing trade disputes, and the potential for market volatility, the dollar's safe-haven appeal will likely remain intact, potentially driving its value higher. 4. Technical Indicators: Despite the rangebound behavior, technical indicators suggest that the DXY is nearing essential support levels, indicating a potential upward breakout. This presents an excellent opportunity for traders to capitalize on a likely rally in the dollar. Conclusion: As traders, it's essential to stay optimistic and seize opportunities even in challenging market conditions. While the DXY has remained rangebound since December, it's crucial to recognize the potential for a breakout shortly. Considering the abovementioned factors and analyzing technical indicators, going long on the dollar can be rewarding. So, fellow traders, don't miss the chance to ride the potential dollar rally! Stay informed, closely monitor market developments, and make well-informed trading decisions. Remember, every rangebound situation eventually breaks, and when it does, you'll want to be in a position to benefit.
TVC:DXYLong
by bryandowningqln
US Dollar Index (Yearly Chart)- $DXYUS Dollar Index (Yearly Chart)- TVC:DXY The chart reveals a clear historic time pattern of c.6 years of bear price action followed by 10 to 12 years of bullish price action for the Dollar. The Chart o Each bear cycle ends with a double bottom which forms over a 4 to 6 month period. The double bottoms are marked 1 and 2 in blue on the chart. o If we assume the top is in for 2022, each top has taken 10 – 14 years to reach and need to hit or exceed the upper resistance line. o Price can oscillate near or above the upper boundary of the resistance line for a period of 3 years. At present we hit this resistance line in 2022 and thus arguably could remain elevated here for a further 1.5 years. Whilst this is a potential outcome, I do not see it as likely for reasons outlined below. Why I’m Bearish on the dollar: o We are presently in year 14 of positive price action. Based on historic price action this is an over extended bullish time period thus leading me to believe it is near its end or at its end. o Price hit the upper resistance line and was definitively rejected from it in 2022. o The price candle in 2023 is showing a spinning Doji candle which typically means indecision or a turning point (unlike the candle post the “oval area” marked in 2000 which was followed by a large green candle). This could change by the end of the year though and keeping an eye on this would help us confirm if the dollar is into a long term down trend. o If we open 2024 and the 3 year moving average(Blue Line) has started to turn down I think this would be the nail in the coffin that the dollar has at least 3 years of continued downward price action thereafter. o As you can see from the last two bearish periods the DXY declined 52% between 1985 – 1992 and then declined 42% between 2002 – 2008. Based on this reductive pattern I have in an continued the pattern projecting a 32% decline for the 2022 – 2028 period of which we have already declined 10% with a potential 22% to go down to $78.25. Whilst I have included a projection here and in the chart, it is not a prediction. I am just using past price action as a guide and we only have two data windows as reference points so this is more guess than anything. At any stage the chart can either confirm or cancel this perspective. That’s the beauty of charting, we lean on what is more probable based on what the chart has done in the past and what it currently doing, continually challenging and updating our thesis, and letting price (or the market no matter how irrational) be the dictator of our trades. It’s vital to recognise that we can revisit the top resistance line. It is possible, however the 6 month chart and the weekly chart seem to lean more bearish now and thus on a shorter timeframe I believe we will likely head lower. This can all change though as we are still 1.5 years into the 3 year topping window period. Technically, we could have a recession and the DXY could spike and then still head down and form a its 6 year low after. As more time passes everything will become more clear. I will be following up this post with Monthly and Weekly charts so that we can monitor price and time action more closely. I have already completed a basic version of these which I will add in the comments below. PUKA
TVC:DXY
by PukaCharts
DXY possible upside moveTVC:DXY Hey, gettin back after long time but with different strategy I trust more So DXY, when we look into XAUUSD we see bearish trend so thats this idea of DXY upside move one thing goin against is last high is not higher then previous When is entry valid: Fisrt at all I wanna see some 1H low to be formed, low cant go lower than 102.138. If yes trade is invalid. Then i want to see break of highs at 102.400 with candle close above this price. 1H candle would be best but we can go even with 30min If everything go well we enter, SL we can set under 1H low or more risky one, under last 15 min low before break of 102.400 zone. TP is set at last high 102.743. There i would close 80% of positions and if we break that high then we looking for TP2 at 103.482 I will keep u updated about this trade. Have a great week.
TVC:DXYLong
by DaVojto
Dollar Index (DXY): Important Things to Watch 💵 Here is my top-down analysis for Dollar Index. Ahead of NFP, the main focus are 2 structures: intraday support and a daily resistance. If the price breaks and closes above 102.73 - 102.92 area on a daily, a bullish movement will be expected to 103.33 Alternatively, a bearish breakout of 102.3 - 102.44 area and 4h candle close below that will be a strong bearish signal. The index will drop at least to 101.96 then. Let's see what will happen. ❤️Please, support my work with like, thank you!❤️
TVC:DXYShort
by VasilyTrader
4
DXY DOLLAR INDEXHey, fellow surfers of the financial waves! Mondays can be a wild ride, no doubt, but let's not let them mess with our stoke. The Dollar index is making its move back to the range midpoint, and EURUSD is just catching its breath, chilling out in consolidation mode. But you know what, this is where the magic happens for us at Global Chart Surfers! We're the masters of our own destiny, catching those scalps like pros, riding the charts like waves, and making those calculated moves with finesse. We know how to navigate these waters, and we won't let Monday's tricks throw us off balance. So let's keep our cool, stay on top of those setups, and lock in those sweet profits. And hey, tomorrow is a new day, with fresh opportunities waiting to be conquered. Until then, keep the good vibes flowing, and remember, we got this! Peace out, and see you on the charts tomorrow, ready to conquer once again! 🤙🌊
TVC:DXYShort
by themarketknight