DXY will dump soon - crypto explosion reasonHello, everyone!
DXY is the leading indicator for all risky assets, like crypto. That's why it's so important to analyze it.
Let's take a look at the chart. It looks like the price is printing the 5 waves Elliott cycle. Awesome oscillator crossed zero line. It means wave 4 is about to end. Moreover it has almost reached the 0.38 Fibonacci level - the natural correction target. After that I expect new dump in wave 5 below the previous low. At the same time crypto markets is gonna show the bounce, or even new higher high🤑.
Best regards, Ivan
Dollar_index
DOLLAR INDEX under resistance zone. DXY 📉💲Hello guys, This is an update of previous analysis (blow link). Everything is marked on the chart like always. The market has moved as we expected, moved up and rejected from the resistance zone . For now I expect that maybe price get stuck in trading range under resistance base band and waiting to break one side, up or down. We can consider it and entering safe in the Gold , Euro , Pound and etc. So monitor the price's action in the circles to see what will happen.
Good luck.
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DOLLAR INDEX under resistance zone. DXY 📉💲Hello guys, This is an update of previous analysis (blow link). Everything is marked on the chart like always. The market has moved as we expected, moved up and rejected from the resistance zone. For now I expect another try to break and rejection again. The resistance zone is 105-105.600 and there we can entering safe in the Gold , Euro , Pound and etc. So monitor the price's action in the circles to see what will happen.
Good luck.
If its useful please like it as a support and follow me to next analysis :)
dollar index update!I am super bullish with dollar index.
Wallstreet corporation banks are fighting with FED despite that Powell's pessimistic speech afterward.
Fear and Greed index became GrEEEEEEED now :)
Extreme greed will appear soon.
then
Extreme fear will begin.
USA CPI data was low as expected. but we have to watch oil price and China's re-opening.
Inflation is a beast that we can't kill at once.
DOLLAR INDEX uptrend to resistance zone. DXY 📈💲Hello guys, This is an update of previous analysis (blow link). Everything is marked on the chart like always. The market has moved as we expected and broke the resistance and retested it and is moving towards its target. For now I expect some reaction to the resistance zone 105-105.300 and there we can entering safe in the Gold , Euro , Pound and etc. So monitor the price's action in the circles.
Good luck.
If its useful please like it as a support and follow me to next analysis :)
DXY - Dollar In the middle of October I suggested to short the dollar in this post:
Unfortunatley didn't have time for an idea to post. A few days ago I closed the short positions , and now I think it's very possible the dollar will print a rally in the following days.
The FED's rate hiking cycle pushed the dollar above 114 in the summer, but in October the market started to price the end of the aggressive rate hiking cycle...
The dollar collapsed in a few weeks breaking every level almost without stops.
At 101 finally we found a support.
101 was the bottom of the 2022.05.30.correction :
and this is also the 50% FIB retracement of this 2-year-rally.
The chart is not giving too much sign of a reversal yet, only MACD is showing divergence,
and trying to cross over. Ahead of the next week FED meeting I think we a have good chance for a dollar rally.
DXY Chart Analysis....
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DOLLAR INDEX in Diamond pattern. DXY 📈💎💲UpdateHello guys, This is an update of previous analysis (blow link). Everything is marked on the chart like always. The market has completed its diamond reversal pattern and I expect the temporary end of the correction and break the resistance and retest in the circle for entering safe in the Gold , Euro , Pound and etc. So I'm waiting for the breakout from there and close 4H candle above 102.550. Monitor the price's action in the circles.
Good luck.
If its useful please like it as a support and follow me to next analysis :)
Dollar Index Chart Analysis....
DOLLAR INDEX MY VIEW-
N.B- In this situation DXY chart shorttime chart create higher high move.So, market need
seems buy correction @ 102.555 and 103:135 risistance level.If breakout this
resistance level, then market Buy UP to 104:000 resistance level.
Hello Traders, here is the full analysis for this pair,
let me know in the comment section below if you have any questions,
the entry will be taken only if all rules of the strategies will be
satisfied. I suggest you keep this pair on your watch list and see if
the rules of your strategy are satisfied.
Dear Traders,
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Dollar Multi-Timeframe and TMP AnalysisThe dollar has been ranging for well over a week. This could be price bottoming out, but before we make that assumption, there are steps in between before knowing for sure where the dollar wants to go next.
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DXY (Dollar index) Daily: 21/01/2023: Bull or Bear?
Well, as you can see now I believe in a bear market.
Bear scenario: Now we have a market consolidation that results in the accumulation of liquidity on both sides of this area. in addition, we have daily resistance that you can see on the chart that can push the price down.
Bull scenario: The primary basis of this idea is that the weekly Demand zone can play a crucial role in changing the market way and the price move higher for collecting the liquidity above equal high and filling the fair value gap.
💡Wait for the update!
🗓️21/01/2023
🔎 DYOR
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#DXY next move
As previous prediction; The US Dollar Index hit the zone which we waited for with little different in its way.
Now the main question is "What is the next target of DXY?"
The answer and all you need is in the Chart. Take an screenshot of my analyze and observe US Dollar Index everyday!
Knowing future of DXY is the main key to open the mystery box. All pairs in Forex, Cryprocurrencies, Oil, Gold, Silver and others others depends on DXY.
Dollar Index (DXY): Time to Grow 💲
On a yesterday's live stream, we discussed Dollar Index.
The market reached a major rising trend line on a daily.
Approaching that, the price formed an inverted head & shoulders pattern on 4H.
Its neckline is broken now.
A correctional movement is expected to 102.95 / 103.33
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