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Dollar_index

20 REASSON FOR SHORT DXY 🤑TOP DOWN ANALYSIS OVERVIEW🤑 🧐Eagle eye: structural Down Monthly : structure bullish but there are lot of weakness in monthly candle patterns last month is inside bar 😲insidebar😲 current forming 👎doji😲 weekly : a big Imbalance after it prices are going down and down 🥺 so the bigger picture is not clear and in bear favor 1 Structure analysis time frame :DAILY bear 2 target time frame :DAILY 3 Current Move :IMPULSE 4 Entry Time Frame : H4 4.1 Entry TF Structure: BEAR 4.2 entry move : IMPULSE 5 Support resistance base :H4 BEAR ORDER BLOCK 6 FIB: TRIGGER EVENT 7 candle Pattern: DARK CLOUDS 8 Chart Pattern: DOUBLE TOP 9 Volume : EXTREAMLY HIGH 10 Momentum UNCONVENTIONAL Rsi: SUPER BARISH WITH LOUD MOVES 11 Volatility measure Bollinger bands: HEADFAKE BEARISH 12 strength ADX: WICKSAS BEAR 13 Sentiment ROC: BULLISH 14 final comment : SHORT AT RETRACEMENT 15 : decision : SELL 16 Entry: 111.790 17 Stop losel: 112.8 18 Take profit: 107.170 19 Risk to reward Ratio: 1:5 Excepted Duration : 10
ICEUS:DX1!Short
by Optimum369
1
Dollar Index Chart Analysis.... In this situation DXY chart Long tarm create bullish rectangle pattern.So, market first buy correction @ 111:315 and 111:950 resistance level. Then sell to 109.400 support zone. If breakout 113.080 resistance level, then market Buy UP to 115.250 resistance level. AronnoFX will not accept any liability for loss or damage as a result of reliance on the information contained within this channel including data, quotes, charts and buy/sell signals. If you like this idea, do not forget to support with a like and follow. Traders, if you like this idea or have your own opinion about it, write in the comments. I will be glad.
TVC:DXYShort
by AronnoFx
US dollar index (DXY): Rising Treasury yields boost the dollarThe federal funds rate was increased by 75 basis points at the FOMC meeting in November to a range of 3.75 and 4%, as widely expected. The press conference of Chairman Jerome Powell was more hawkish than imagined. The Fed Chair remarked that there is still work to be done in terms of rate hikes and that the peak of interest rates would be higher than previously thought, probably referring to the median FOMC predictions made in September (4.6%). The statement also indicated that monetary policy will remain restrictive for some time, and Powell stated that stopping rate hikes is too far away at this point. In addition, the Chair reaffirmed that the cost of undertightening is higher than that of overtightening. This is due to the fact that the Fed still does not see any meaningful progress on inflation, while the labour market continues to be exceptionally tight. As a result of Powell's comments, the market has revised its forecast for Fed rate hikes for next year higher, to an expected 5.1%. US 2-year yields spiked to 4.7%, updating fresh highs and reaching July 2007 levels. Throughout the year, the US dollar DXY index has been increasingly associated with US short-term yields (2-year), with the 90-day rolling correlation coefficient standing at a very high level of 0.91. US 2-year rates may increase further after the November FOMC meeting to reflect elevated market expectations for the Fed's terminal interest rate. This keeps the dollar on a bullish trend for longer. A rise in 2-year yields up to the 5% mark, would likely imply a rally in the DXY index up to 115 levels. The speed of the move will hinge on Friday's US non-farm payrolls data and next week's US CPI data. Higher-than-anticipated numbers for the US employment report and inflation will solidify the Fed's hawkish stance and accelerate the dollar's advance.
CAPITALCOM:DXY
by Capitalcom
DXY Chart Analysis.... In this situation DXY chart long term create bullish bat pattern and short term create Elliotte wave pattern. So, market need to seem buy correction @ 111.300 and 111.460 resistance level. If breakout @ 110.222 support zone, then market sell up to 109.700 support. AronnoFX will not accept any liability for loss or damage as a result of reliance on the information contained within this channel including data, quotes, charts and buy/sell signals. If you like this idea, do not forget to support with a like and follow. Traders, if you like this idea or have your own opinion about it, write in the comments. I will be glad.
TVC:DXYLong
by AronnoFx
Dollar Index managed to stay within consolidationThe bearish movement of the United States Dollar Index was extended last week and was poised for a reversal. Supported by the 110.0 level key support region, the Dollar retraced some of its loss but was unable to push higher from the minor resistance at 110.885 region. If price managed to push pass 110.885, we are likely to see the Dollar push towards 111.665 region while if price breakout of the 110.0 support region, we could have a potential reversal (bearish confirmation) of the Dollar.
ICEUS:DXZ2022
by TrainingTrader