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Dxyanalysis

Dollar Weakens After FED AnnouncementsAs of now, the FED interest rate decision has been announced and the FED has kept the interest rate constant. In addition to keeping it steady, Powell still made harsh and hawkish statements. Personally, I have question marks in my mind about how full these explanations are. Because now the job is not just to reduce inflation and most business sectors have started to break. I don't think it can go on like this. If we are talking about interest rates, the only factor we need to look at is the dollar index. The dollar index has technically formed a descending triangle. The level to be seen in a down break will be $ 98.
TVC:DXY
by YavuzAkbay
2
DXY index Road Map🗺️!!!(4-hour time frame⏰)DXY index managed to break the 🟢 support zone($102.24-$101.91) 🟢 and support line during the last day. Based on the theory of Elliott waves, the DXY indicator is completing a corrective Zigzag structure(ABC/5-3-5) . 🔔I expect the main wave C to finish at the 🟢 heavy support zone($101.30-$100.82) 🟢. U.S.Dollar Currency Index ( DXYUSD ) Analyze, 4-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:DXYShort
by pejman_zwin
17
$dxy #dxyIf you go back to the old charts, I gave you months prior, you'll see that by zooming out I ALREADY HAVE my next idea mapped out. The next target was ALREADY THERE. As stated before I will make changes to the T/A once it is needed. However, we are STILL playing Stop and Go with lines above and below that I gave you months prior. We will keep using what works until it doesn't. Don't let others like the news etc. make you get overly emotional and lose sight of simplicity in the charts and their behavior. You can go back and use the TVC:DXY CRYPTOCAP:BTC #bitcoin and SP:SPX #spy NASDAQ:SP charts that i gave Months ago and see that when the times came of greatest DUD/DRAMA and the news was CRAZY and everyone freaking out. These events and emotions only lead to how and when we got to these levels already mapped out and given prior.
TVC:DXY
by rarebreed29
Mind-Blowing Surge: US Dollar Skyrockets 5000% against Argentina I come bearing astonishing news that will undoubtedly leave you stunned and intrigued. Brace yourselves for a mind-blowing revelation: the US dollar has soared an unprecedented 5000% against the Argentina peso! Yes, you read that correctly! The US dollar's monumental surge against the Argentina peso has sent shockwaves through the forex market. This staggering increase has left many traders astounded, and rightfully so. It is a testament to the volatile nature of currency fluctuations and the potential opportunities that arise from such dramatic shifts. As we witness this extraordinary event unfold, it is crucial to consider the implications and potential ramifications. Countries like Argentina, grappling with economic uncertainties, are now contemplating the adoption of the US dollar as a viable alternative. This development has sparked a flurry of discussions among economists and policymakers, drawing attention to the stability and strength of the US dollar in tumultuous times. In light of this monumental shift, I urge you to carefully evaluate the potential benefits of including the US dollar in your forex strategies. One effective way to gauge the US dollar's performance against a basket of other major currencies is by monitoring the Dollar Index (DXY). This index, which measures the dollar's value against a weighted average of six major currencies, can provide valuable insights and assist in making informed trading decisions. Considering the recent surge of the US dollar against the Argentina peso, keeping a close eye on the DXY becomes increasingly pertinent. By doing so, you can stay ahead of the curve and capitalize on potential opportunities that arise from countries considering the adoption of the US dollar. So, fellow traders, let us seize this moment of surprise and possibility. Explore the potential of the US dollar, leverage the power of the DXY, and stay one step ahead in the ever-evolving forex market.
TVC:DXY
by bryandowningqln
Technical Analysis of the US Dollar IndexA bearish cross was made between the 20-day Simple Moving Average (SMA) and the 50-day SMA on Friday, as the US Dollar Index (DXY) closed below the 100-day Simple Moving Average (SMA). After moving sideways near 50 in the past couple of weeks, the Relative Strength Index (RSI) dropped below 50. As a key support, psychological level 102.00 (static level) aligns on the downside. As long as that level is closed below on a daily basis, there is a possibility that sellers will be attracted to the price and it may slide towards 101.50 (static level) and 101.00 (static level, psychological level) for an extended period of time. There appears to be strong resistance at 103.00 (100-day SMA, 50-day SMA, Fibonacci 38.2% retracement of the June-May uptrend). A break above that level could lead the DXY to target 103.50 (Fibonacci 23.6% retracement) and 104.00 (psychological level) in the near future.
CAPITALCOM:DXY
by enclavefx_Analaysis
DXY will go UP by Symmetrical Triangle🚀DXY index managed to form a Symmetrical Triangle Pattern near the 🟢 support zone($102.85-$102.66) 🟢 and support line. DXY broke the upper line of the symmetrical triangle. I expect the breaking of the upper line of the symmetrical triangle to be a sign for the DXY index to go up in the coming days. 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
13
DXY ready to FLY again✈️DXY Index is moving near the 🟢 support zone($102.85-$102.66) 🟢 and support line. In general, after the DXY succeeds in breaking the downtrend line , we should expect growth of the DXY . I expect DXY to go ✈️ UP ✈️ again to at least the 🔴 resistance zone($103.57-$103.35) 🔴. U.S.Dollar Currency Index ( DXYUSD ) Analyze, 4-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
19