Hello traders, hope you are doing great. For upcoming Days, I think we'll probably see a downtrend correction in DXY at first and after that we'll probably see growth up to the specified Level and beyond that. and finally tell me what do you think? UP or DOWN? leave your comment below . If this post was helpful to you, please like it and share with your...
Pair : DXY Index Description : Bullish Channel as an Corrective Pattern in Short Time Frame with the Breakout of Lower Trend Line RSI - Divergence Break of Structure and Retracement Completed " 12345 " Impulsive Waves Resistance Level
Pair : DXY Index Description : Bullish Channel as an Corrective Pattern in Short Time Frame with the Breakout of Lower Trend Line RSI - Divergence Break of Structure and Retracement Completed " 12345 " Impulsive Waves Resistance Level
DXY: The USD index in today's session has reacted to a decrease and correction right after the information last weekend. Showing a bearish outlook in the context of Biden's withdrawal from the white house. The scenario in today's trading session is that DXY is expected to continue to weaken. Ace, please consider selling with USD US President Joe Biden introduced...
Current consolidation is coming to its end in the end of July 2024. US Dollar buying (= opening short positions) opportunity is open now. August 2024 will mark a major breakout and fast ascend of DXY topping at no higher than 112. Retest will follow bottoming at 105 (possible plunge down to 104) in January 2025. Next move up will happen in the first half of...
H4 - Bearish trend pattern Strong bearish momentum Until the strong resistance zone holds I expect the price to move lower further after pullbacks.
Long-time period U.S. bond yields rose on expectancies that Trump`s rules could boom authorities debt and inflation, at the same time as cryptocurrency shares additionally rose together with Bitcoin. Trump has delivered himself as a cryptocurrency advocate. Investors say a Trump victory may want to imply greater tax cuts and a greater comfortable regulatory...
Pair : DXY Index Description : Bullish Channel as an Corrective Pattern in Short Time Frame and Breakout of Lower Trend Line Break of Structure RSI - Divergence Completed " 12345 " Impulsive Waves Demand Zone as Support
By mid 2025 this junk of a currency will hit 93 on DXY index.
Please follow my analysis DXY: Yesterday's USD index re-tested the bottom area then rebounded. On the H4 frame, a set of reversal candles appeared, but this morning's session has a decreasing GAP, so in the short term, it is expected that DXY will test this support zone again and then may increase again. Ace can consider buying with USD today
DXY: Yesterday's USD index re-tested the bottom area then rebounded. On the H4 frame, a set of reversal candles appeared, but this morning's session has a decreasing GAP, so in the short term, it is expected that DXY will test this support zone again and then may increase again. Ace can consider buying with USD today
Pair : DXY INDEX Description : Completed " 12345 " Impulsive Waves and " ABC " Corrective Pattern RSI - Divergence Rising Wedge in Short Time Frame with the Breakout of Lower Trend Line Break of Structure Bullish Channel as an Corrective Pattern in Long Time Frame
DXY: USD index today is maintaining below 105.20. After consecutive drops beyond the support level, the USD is in a continuing downtrend Investors should pay attention to protect profits with BUY positionsShows that selling pressure on USD is increasing and in the current context, information about the US is getting worse, causing the USD to weaken. Regarding...
If we analyze the current dynamics of TVC:DXY , there is a probability that in the third quarter of 2024 the index will come out of accumulation and reach the levels of 109.535 and 113.148. Note that the growth of TVC:DXY is usually accompanied by a correction in the financial markets.
DXY: The USD index yesterday fell sharply, penetrating the support zone and creating a head and shoulders pattern that can be clearly observed in the H1 frame in the context of negative information focusing on the US yesterday. And the FOMC meeting somewhat supported the USD's adjustment, but not significantly. Regarding technical factors this morning, DXY tested...
Pair : DXY Index Description : Bullish Channel as an Corrective Pattern in Short Time Frame RSI - Divergence Break of Structure Completed " 1234 " Impulsive Waves CHoCH
DXY: The USD index is having transient reactions withinside the establishing consultation of the week with GAP falling sharply in a touchy context because of election news. In phrases of technical factors, with this GAP pressure, it's far viable that the USD will witness a bigger correction that could increase the buildup variety to the 105.6 area. You can keep in...
DXY: The USD index yesterday received both good and bad news. Therefore, we see that the USD largely maintains a state of accumulation and adjustment. On the Daily frame, a fairly positive candlestick is formed around the 105.70 threshold. However, in today's session, DXY is at risk of a deeper correction to around the 105.50 - 106.00 area and maintains its...