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Dxyforecast

views in dcb for DXYTVC:DXY made retracement of 61.8% successfully after made a significant downtrend and reversed from a strong resistance zone. now if it breaks 101.3-100.8 it will down till 99.8-99.4 to 97.7-96.9 and moreover 97.02 also a fibonacci forward zone of 127.2%. allover trend is downtrend. Disclaimer - This chart analysis is only for educational purpose. Do proper research before trade/investment or consult with your financial advisor. This expressed opinion/view/analysis isn't a trade/investment advice/recommendation. SEBI unregistered independent trader/analyst.
TVC:DXY
by biniyoger_swaralipi
Dollar Index Chart Analysis.... In this situation DXY chart create elliott wave Pattern. So,if breakout market 102:700 support Level Then market need long sell correction to nearest 102.200 and 101.100 Support level. If breakout 104.000 resistance level, then market will go up 105. 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
DXY road to 92, SHORT THE USDThe PetroYUAN is competing with the petroDOLLAR now and is causing concerns amongst the US economy. As BRICS gather forces and continues growing as oil rich countries are also joining forces with BRICS to fight against the petroDOLLAR. Other economic factors why the DYX is looking weak are: -Inflation: High inflation can erode the value of a currency, as it reduces the purchasing power of consumers and investors. If the US experiences sustained high inflation, it could weaken the US dollar even if interest rates are high. -Economic growth: If the US economy is not growing as quickly as other economies, it could lead to a relative decline in the value of the US dollar. This could be exacerbated if other economies are experiencing strong growth and higher interest rates. -Geopolitical risks: Political instability, trade tensions, and military conflicts can all increase risk and uncertainty, which can lead investors to sell US dollars and seek safer assets. If the US is perceived as a less stable or secure country, it could weaken the US dollar. -Debt levels: High levels of debt can make a country more vulnerable to economic shocks and reduce its ability to stimulate the economy during downturns. If the US experiences a sharp increase in debt levels, it could weaken the US dollar. -Market sentiment: Investor sentiment can be influenced by a wide range of factors, including news events, social media, and market psychology. If investors become pessimistic about the US economy or the prospects for the US dollar, it could lead to a decline in demand for US dollars and a weaker currency.
TVC:DXYShort
by CryptoGao1
4
DOLLAR INDEX: Bullish context in short-medium term?Hi everyone! There would be a lot to write about the fundamentals of the US dollar, but time is very precious so I'll just try to translate fundamental analysis into technical analysis with this hourly chart. I hope it can be useful to someone anyway... ...trade with care! 👍 If you think that my analysis is useful, please... "Like, Share and Comment" ...thank you! 💖 Cheers! PS: I would also like to know your opinion about dollar index, what do you think? Post your opinion in the comments.... A.B.
TVC:DXYLong
by TheAnonymousBanker
29
DXY H4 ZONE MARKINGWe have an analysis of DXY H4 zone marking According to this analysis, we have found that Dollar is a bullish move because of price is moving above the (200MA & 50 EMA) golden cross-over price also tested the trendline 2 times for more information we marked the Demand & supply zone which is mentioned in the downside Demand zone1@ 104.563 to 104.397 Demand zone2@ 103.676 to 103.492 Demand zone3@ 101.863 to 101.519 Demand zone4@ 100.962 to 100.761 Supply zone @ 105.536 to 105.738 With this analysis, you will be able to find your most profitable trade. EnclaveFX does not recommend that you buy or sell this assist. We do not take any responsibility for your profits & losses. EnclaveFX believes in enhancing the knowledge of our clients & followers
TVC:DXYLong
by Enclave_fx
2
DXY hitting resistance area & pullback (crypto rally?)Looking at my DXY zones of likely corresponding crypto effects... At this resistance area for the DXY, I would expect some kind of short to medium term pullback over the coming days or weeks. This would likely correspond to some level of bounce in Bitcoin, which I'm also expecting once it falls down to the $22,200 level, creating what looks like a Bull-Flag setting up. The big question is whether we do get a deeper crash, and see the DXY push above the 105.50 range which would likely push BTC to re-test the recent lows between $15.5k and $15.5k A DXY push above 106 would likely see Bitcoin and total crypto market cap hitting new lows, and finally see the kind of capitulation we would like to see at a true market bottom. Thoughts and comments welcome below.
INDEX:DXYLong
by BrettFogle
1
DXY - Febuary Price Action Analysis on the DailyHi guys. As everyone knows DXY is inversely related with all RIsk ASsets. We've seen the major markets and crypto start consolidating and falling in price. As the Dollar rallies. This is on the Daily timeframe. Ive drawn 3 trend lines which i followed closely to make sure i take profits in my trades across the boards. First line we broke was the white trend line. Which pushed us to the next line, the red line. There was tremendous momentum seen with the size of the candles, especially the size of the one that broke out MASSIVE! We fought that for a couple days and ended up breaking through to get to the last trend line, the Orange line which coincides with our downtrend from the September highs. This indicates we may have changed trends from downtrend. Our next target is the white horizontal resistance line . Watch how DXY reacts here. ~Im in the camp that we will get rejected here in the short term when we reach.~ BUT if it consolidates around it, like price action did with the red line, it can break through. ANd come down to test support on either: 1. On yellow horizontal line 2. Or the Orange slanted line Indicator: Also if you notice the RSI, as we were breaking the white trend line, it broke above the yellow moving average with force, and created a higher high from the previous high of the RSI. This also show cased that we would move further up in price and break the red trend line. We are also getting to overbought terroritory on RSI marked by the 70 level or dashed line. And We've been above the yellow MA for some time now, eventually to come back to test it and move below it which would possibly coincide with when the broader market stops consolidating. This can also coincide with not breaking the white trend line in the shorrt term. Lets see whats up! Hope this made sense. Please comment, like and follow! Check out my other dxy ideas LINKED BELOW. Let me know what you think and where the market is headed! Thanks. Disclaimer: This is not financial advice and i am not a financial advisor. This is my opinion based on TA.
TVC:DXY
by SafofAllTrades