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Dollarstrength

4 bearish targets converge on DXYWe just recently reached the breakdown target for the ascending h&s pattern with the pink neckline when price fell to 109.2. Our next target is for the slightly bigger head and shoulders with the bluish green neckline at 106.9 which we are now very close to reaching. the next breakdown target after that is for both the largest h&s pattern with the yellow neckline at around 104.69. This also happens to be the exact breakdown target for the purple channel if it confirms its breakdown in this zone. We can see we just recently closed 1 daily candle below the purple channel, and our follow up candle has already so far as of now retested the bottom trendline of the purple channel as resistance..should this candle close below the purple channel as well that greatly increases the probability it will confirm the breakdown from the purple channel. The final breakdown target at 104.39 is for breaking down from the red descending channel. We can see that both the red breakdown target and the yellow/purple take us to a very crucial horizontal trendline which is currently being overlapped by the 200ma(in blue) If DXY cant get price action back above the purple trendline soon odds are good it will retest the 200ma and this horizontal line as well. *not financial advice*
TVC:DXYShort
by DrDovetail
DXY Parabolic Curve Pattern RetestThe parabolic curve pattern DXY has been forming for over 16 months was broken on October 21st. DXY bounced at the 109.53 level and now appears to be retesting the curve. I see the following support levels if DXY is rejected at the curve. 1) At the previous bounce level (109.53) 2) Near the 105 level. 3) Near the 101 level. Thoughts: 1) The hawkish FED continues to fuel the dollar. 2) Next weeks CPI numbers will be very important. If there isn't a significant drop, that will strengthen the FED's resolve to remain hawkish. 3) A strong labor market also emboldens the FED's hawkish stance. Until there is a significant sign of labor market weakness, the FED will remain hawkish. 4) With every FED meeting and rate hike, the likelihood of the FED overshooting increases. 5) Everything here is just my opinion and may be flawed.
TVC:DXY
by Bigsky_Crypto
USDCAD: Can dollar strength continue?USDCAD Intraday - We look to Buy at 1.3670 (stop at 1.3610) Previous support located at 1.3700. Previous resistance located at 1.3750. Indecisive price action has resulted in sideways congestion on the intraday chart. Risk/Reward would be poor to call a buy from current levels. A move through 1.3750 will confirm the bullish momentum. Our profit targets will be 1.3790 and 1.3800 Resistance: 1.3750 / 1.3790 / 1.3800 Support: 1.3700 / 1.3670 / 1.3625 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’) . Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
Long
by VantageMarkets
DXY getting closer & closer to double bottom target from AprilWe can see this pattern’s breakout has definitely been triggered at this point and the price is heading closer and closer to the target that we called back in April. I will attach the chart idea from April near the bottom of this one. Only question now is do we reach 100% of the target. We still need to over come around 121 for it to confirm a higher high on the macro chart. I personally anticipate a lower high but either possibility is probable at this point. If we were to not hit 100% of our target before the next next downtrend then that would definitely clue us in. *not financial advice*
TVC:DXYLong
by DrDovetail
EURUSD: Gains should be limited!EURUSD Intraday - We look to Sell at 0.9719 (stop at 0.9791) The primary trend remains bearish. We can see no technical reason for a change of trend. A firmer opening is expected to challenge bearish resolve. A Fibonacci confluence area is located at 0.9740. Preferred trade is to sell into rallies. Our profit targets will be 0.9553 and 0.9525 Resistance: 0.9750 / 1.0200 / 1.1100 Support: 0.9550 / 0.9500 / 0.9400 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
Short
by VantageMarkets
Complete Dollar (DXY) Top Down Analysis =Where Is It Headed Now?Traders and Investors, Dollar has been on a run again and it is moving towards our multi year target of 113 which we predicted nearly 2 years ago. Although it completed a W pattern and was inside an FCP zone, it did not have a substantial correction. On smaller time frames, it showed a little retaracement but that was not enough. The strength in dollar is taking it to our next multi year target of 113 zone. This zone again will have potential to push the price down or at least sow it a bit. After that we will have 116 as a new intermediate resistance followed by 127 zone. In this DXY (Dollar) technical analysis we will study few scenarios which can help in understanding what is about to come next few days/weeks. Please support this analysis by liking and sharing. 👍🙂 Rules: 1. Never trade too much 2. Never trade without a confirmation 3. Never rely on signals, do your own analysis and research too ✅ If you found this idea useful, hit the like button, subscribe and share it in other trading forums. ✅ Follow me for future ideas, trade set ups and the updates of this analysis ✅ Don't hesitate to share your ideas, comments, opinions and questions. Take care and trade well -Vik ____________________________________________________ 📌 DISCLAIMER The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of education only. Not a financial advice or signal. Please make your own independent investment decisions. ____________________________________________________
TVC:DXYShort
by vikinsa
USDCAD:Dollar too strong!USDCAD Intraday - We look to Buy at 1.3410 (stop at 1.3350) Previous support located at 1.3500. Previous resistance located at 1.3530. Further upside is expected. Risk/Reward would be poor to call a buy from current levels. Our profit targets will be 1.3530 and 1.3550 Resistance: 1.3530 / 1.3550 / 1.3600 Support: 1.3500 / 1.3450 / 1.3410 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
Long
by VantageMarkets
USDCAD: Dollar prevails above all!USDCAD Intraday - We look to Buy at 1.3100 (stop at 1.3040) Previous resistance located at 1.3180. Further upside is expected although we prefer to set longs at our bespoke support levels at 1.3100, resulting in improved risk/reward. A move through 1.3180 will confirm the bullish momentum. Our profit targets will be 1.3220 and 1.3225 Resistance: 1.3180 / 1.3200 / 1.3225 Support: 1.3150 / 1.3100 / 1.3050 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
Long
by VantageMarkets
1
USDJPY: Dollar remains King!!USDJPY Intraday - We look to Buy at 137.55 (stop at 136.67) The primary trend remains bullish. We look for a temporary move lower. Support is located at 137.50 and should stem dips to this area. Further upside is expected although we prefer to set longs at our bespoke support levels at 137.50, resulting in improved risk/reward. Our profit targets will be 139.49 and 140.00 Resistance: 139.50 / 142.00 / 145.00 Support: 137.50 / 132.00 / 126.00 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a th ird-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
Long
by VantageMarkets
GBPUSD: Dollar will always triumph!GBPUSD Intraday - We look to Sell at 1.1898 (stop at 1.1951) The medium term bias remains bearish. Previous support level of 1.2003 broken. There is scope for mild upward pressure at the open but we look for selling interest to resist gains. Preferred trade is to sell into rallies. Our profit targets will be 1.1744 and 1.1700 Resistance: 1.1900 / 1.2003 / 1.2145 Support: 1.1700 / 1.1600 / 1.1500 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
Short
by VantageMarkets
GBPUSD SWING SHORTGBP USD has been in a persistent downtrend for much of the year as the DXY has been strong. On the weekly chart, the price in the past week did a "buy Pop" up crossing the EMA8 and EMA13 lines, The relative strength topped up and downturned while on the MACD, the lines have been long below the histogram but in the mast week a K and D lines crossover occurred. I see these as reasons to add to GBPUSD swing short with little risk as compared with intermediate-term profit reward expectation.
Short
by AwesomeAvani
$DXY update, $UUP-RSI inverse H&S formation, looks to be gaining strength and passing test at 50 RSI -Downward trend (orange trendlines) was broken. Now DXY is trading in a parallel channel (white borderlines, gray centerline) and has been bouncing off the bottom like a pinball and then hanging around the midway point of the channel consistently. -MACD is curling up and crossing. -US economy is stronger than ever. Tapering and rate hikes are typically bullish for the dollar and tend to make it more appealing, hence stronger -Targeting 97 or so for a medium-term target, back towards a 100 in the long-run -This of course could be a headwind for emerging markets if it plays out One way to play this if you don't have a forex trading account is to use the ETF UUP. Full disclosure, I am in UUP calls but you can also just buy the ETF outright if you prefer that.
TVC:DXYLong
by EBITDAtiger
USDCHF:Battle of the safe-heavens?!!USDCHF Intraday - We look to Buy at 0.9941 (stop at 0.9919) Trading close to the psychological 1.000 level. 20 4hour EMA is at 0.9931. There is no clear indication that the upward move is coming to an end. A lower correction is expected. Our profit targets will be 0.9997 and 1.0007 Resistance: 1.0020 / 1.0040 / 1.0060 Support: 0.9990 / 0.9970 / 0.9940 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’) . Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
Long
by VantageMarkets
USDJPY: Yen Decimation continues!!USDJPY Intraday - We look to Buy at 133.29 (stop at 132.49) The primary trend remains bullish. The continuation higher in prices through resistance has been impressive with strong momentum and shows no signs of slowing. We can see no technical reason for a change of trend. Further upside is expected although we prefer to buy into dips close to the 133.00 level. Our profit targets will be 134.99 and 135.50 Resistance: 135.00 / 137.00 / 140.00 Support: 133.00 / 130.00 / 126.80 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’) . Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
Long
by VantageMarkets
Thoughts on the USDThe DXY is approaching a ket level of resistance. The Fed is clearly a dove in a hawks disguise right now. They cannot crater the equity markets by rapidly increasing interest rates so they are choosing their words carefully. The Fed will likely increase rates 4 times this year, but they do it slow and steadily. I believe the DXY is overvalued and could be due for a crash when tapering takes place. The dollar is weak. Bitcoin is ready to replace. - T-1 seems likely after CPI news tomorrow - Expecting 7% or more - T-2 seems if T-1 is hit - Confidence will swoon in the dollar, triggering further sell-off - T-3 is likely during March (if interest rates increase) Good Luck, - Mr. Bitcoin Baron
TVC:DXYShort
by TheJonesPortfolio-100T
#USDCHF #long after #professionalbuying and a test #VSALite USDCHF long after professional buying and a test VSALite Trade strategy using the Tradeguider VSA Lite software. Papertrade on Tradingview, placing the trade with real money on Activtrades (FX Markets). Checklist: • Signal of professional buying at 09:30 19/11/2021 • Successful test at 20:30 19/11/2021 • Stop placed at 0.9240 • 4 consecutive short term indicator green bars • Entry on a bar that closed on it’s high • No previous price action at this level for a few days • A background of strength Management of the trade in accordance with my trading plan on 15 mins
Long
by VSA_Alex_
DXY #Dollarindex Monthly ViewDXY (Dollar Index) on a monthly chart. We are at the long term line of S/R (Support and Resistance) and depending on which way it moves it will definitely show what will happen to the different market (stocks, crypto, housing, etc). It's interesting to see the parallel channel formation and the trend line it is walking on since 2008. What are your thoughts? Comment below and hit the like please. Thank you! Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk #bitcoin #altcoins
TVC:DXY
by MillionaireEconomics