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Dxyanalysis

DXY Daily TA Neutral BearishDXYUSD daily guidance is neutral with a bearish bias. Recommended ratio: 40% DXY, 60% Cash. *I violated the House Rules for showcasing private indicators that I didn't create and was put in timeout in addition to my previous 5 ideas being hidden. Sorry I guess.* *Investors are fleeing DXY and their Fixed Income trades and moving back into Risk-On assets as market participants seem to think that the Fed is going to slow down rates hikes by opting for 50bps vs 75bps on December 14th. Meanwhile Ukraine continues to operate with half of the country's energy capacity as the winter continues to get colder and has appealed to President Biden to consider sending Gray Eagle Drones to aid in their defense against Russia . Tomorrow is a big day for economic data in the US with Manufacturing PMI, Consumer Sentiment, New Homes Sales and the FOMC Minutes all due to report. It's important to remain prepared for a reversal back to DXY and US Treasuries if the numbers don't support the "inflation is coming down" narrative. TIPS are still attractive until CPI comes down consistently. Equities, Equity Futures, Cryptos, Commodities, JPYUSD, GBPUSD, EURUSD, CNYUSD, NI225 and N100 are up. DXY, US Treasuries, VIX and HSI are down. Key Upcoming Dates: S&P US Manufacturing PMI at 945am EST 11/23 ; UofM November Consumer Sentiment Index at 10am EST 11/23 ; US October New Homes Sales at 10am EST 11/23 ; FOMC Minutes at 2pm EST 11/23 ; 6th GDPNow US Q4 GDP estimate 11/23 ; 2nd BEA Estimate of US Q3 GDP at 830am (EST) 11/30; October PCE Index at 830am EST 12/01; Last FOMC Rate Hike Announcement of 2022 at 2pm EST 12/14. * Price is currently trending down at $107.15 after being rejected by $108 resistance. Parabolic SAR flips bullish at $109.73, this margin is mildly bullish. RSI is currently testing 39.43 resistance, if it can break above this level then the next resistance is the uptrend line from July 2020 at 49 resistance. Stochastic remains bullish and is currently trending up at 39 as it approaches a test of 45.65 resistance. MACD remains bearish and is currently trending up off of -1.21 support, if it can get above -1.05 this would be a bullish crossover. ADX is currently trending sideways at 25 as Price attempts to recapture its uptrend, this is neutral at the moment. If Price is able to bounce here then it will likely aim to retest $108 resistance before potentially pushing higher to test $110 minor resistance . However, if Price continues down here, it will likely test the 200MA at ~$105 as support for the first time since June 2021 before potentially retesting the uptrend line from May 2021 at $103.15 support . Mental Stop Loss: (two consecutive closes above) $108.04.
TVC:DXY
by dailytaguy
DXY can rise again above 109After the break under the last ascending trend line started in mid-August on 21st Oct and a retest of this break at the beginning of Nov, DXY continued its drop and also broke under horizontal support and the long-term trend line 5 days after. This important break led to aggressive losses and a test of the following horizontal support at the 105 zone. Now the index is in recovery and a rise to the 109 zone could follow. I'm bullish USD as long as last week's low is intact and selling rallies for EurUsd, AudUsd, NzdUsd and GbpUsd could be a goos strategy
CAPITALCOM:DXYLong
by Mihai_Iacob
2
DXY v/s Bitcoin All Time High and Bottom Analysis#DXY Technical Analysis:- $US Dollar Currency Index Currently trading at $107 In Simple way as per Past Performance $DXY inverse Proportional to #Bitcoin In This Chart Detail Explanation:- December 2016 #DXY Price was $103 ( Which was ATH ) that time Bitcoin Price was $750 After one year $DXY dumped badly and Hit $88 within one year and This time $Bitcoin Hit New All Time High $19900 After Again $DXY Pumped and Hit $103 in 2020 so Again Bitcoin Crashed Badly and Hit again Low of Bear Market $3200-$3800 After then Bitcoin Found bottom in 2029-2020 $DXY trend was changed and Hit again low around $89 that was Last year and $Bitcoin Hit New All Time high $69000 But Currently $DXY breakout $103 resistance and Hit $114 which was ATH of Dollar currency Index. And Currently Bitcoin Trading around $15500-$16600 So In one Line :- We are Very Near of $Bitcoin Low / Bottom. So Ignore all Negative News and Articles/Media and Buy Bitcoin and Hold Till December 2025 IMO August 2024 - December 2025 will Be bottom of $DXY and This is ATH of Bitcoin. Too much research in this Analysis so Please Like and share and Appreciate guys. Thank you.
TVC:DXYShort
by CryptoPatel
4
DXY - LONG | CHART PATTERNDXY has broken its bullish cycle and we are about to head into a strong general Bearish Trend . As a day trader, The Daily, 4H, and 1H tend to be my go-to timeframes, and on these time frames, the market has broken to the downside, breaking through the trend, so a correction or retracement is imminent. The Formation of the BULLISH Triangle on the 4H timeframe, shows the incoming of a Bullish short time move for next week. The PINBAR on the weekly time frame acts as a strong indicator for this to happen, I will watch out for the price action of the various support level that price might act on.
TVC:DXYLong
by MaximFxBoss
💵U.S.Dollar/Canadian Dollar 💵Analyze (11/04/2022)!!!U.S.Dollar/ Canadian Dollar moved as I expected ✅🤑. U.S.Dollar/ Canadian Dollar is on the way to completing wave C. The end of wave C can be in PRZ(Price Reversal Zone) or the Support zone. Also, we can see a Head and Shoulders Pattern in the chart, which shows the continued downward. 🔅U.S.Dollar/ Canadian Dollar Analyze ( USDCAD ) Timeframe 4H⏰. 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.
Short
by pejman_zwin
2
DXY - An interesting neutral pictureWe have run across a situation on DXY where we must have one of the two confirmations to side either with bulls or bears. There are two possibilities at the moment: 1- The Bull Flag confirms breaking out of this 112.xx zone we shall have a full on signal to go long to the targets as described in the chart 2- If we break lower than 108.8x zone, we shall then have a confirmation of the triple tops pattern which is a signal to go short to the target zone described in the chart. You can relate your entries on precious metals as well with this analysis. Since, DXY is inversely proportional to silver and gold. Best of luck, happy trading and happier profits :-)
CAPITALCOM:DXY
by Uzi-Trades-Forex
DXY Gonna LongDollar create hidden Bullish Divergence In Daily Time frame, So I anticipate Dollar gonna pullback. Remember, there is no place for luck in trading - only strategy! Risk Disclaimer Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organised and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility. You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment. I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith. Press like👍 if you enjoy + comment your opinion about the market or your thoughts, below this analysis. Best Regards! Mahfuz Azim
TVC:DXYLong
by mahfuzazim_TA
1