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Dxyindex

DXY Index will Go Down to next Support zone✅ DXY Index has succeeded in completing a Rising Wedge Pattern near the 🔴 Resistance zone($105.90-$104.64) 🔴. 🔨DXY also managed to break the lower line of the Rising Wedge Pattern and is currently breaking the 🟢 Support zone($104.30-$103.89) 🟢. 💡Also, we can see Regular Divergence(RD-) between two Consecutive Peaks . 🔔After breaking the 🟢 Support zone($104.30-$103.89) 🟢, I expect the DXY index to continue declining until the next 🟢Support zone($102.86-$102.420)🟢 . 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 gladly 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
4
DXY Dollar Index Technical Analysis and Trade IdeaThe DXY is currently trading within a well-defined monthly sideways trending range. Price action is testing a key support level, indicating a possible retracement towards previous resistance. A bullish break of the current 1D/4H downtrend, followed by a retest and failure of the range, could present a potential buying opportunity. Disclaimer: This analysis provides a technical perspective and should not be interpreted as direct financial advice. Trading in commodities involves significant risk. Before making any investment decisions, please consult with a qualified financial professional and thoroughly assess your own risk tolerance.
TVC:DXY
by fxtraderanthony
DXY Weekly Analysis "The DXY seems to be retracing from 100.615 to take liquidity at 104.565, and we've observed significant price reactions in the area since Monday, November 13, 23. This suggests that the DXY is currently showing efficiency and may be inclined to move lower towards 99.559. However, reaching 99.559 might face resistance due to a "shield area," which could potentially cause the DXY to struggle on the downside. It's possible we'll witness the DXY lingering around the red shaded area at 101.910 for a while. If the price breaks below this level swiftly with large downward candles, we anticipate further downward movement towards 99.559. Otherwise, if it fails to break below 101.910, we'll provide an update accordingly."
TVC:DXYShort
by Deotrade1
DXY- Pressing and pressing for a down breakLast week was relatively quiet for TVC:DXY , with the price fluctuating within the support and resistance range. However, as detailed in a previous analysis, the odds favor a downward break. The index began the week poorly and is currently trading near confluence support once again. A break at this level, given the prolonged consolidation, is likely to accelerate losses, potentially exposing the 101 support level in the medium term.
TVC:DXYShort
by Mihai_Iacob
3
DOLLARINDEX REACH DAILY TARGET 103.200 Life happen for you not to you.. those who fail to plan, plan to fail.. Traders our discipline and consistency prevail again today. If you don't fail you are not even trying, don't complain about the trades you lost and the money you did not make.. A lot of people spend dollar but do not make money from it.. With detailed analysis we have prepared ourselves for success by just preparing for one bag. DXY drop from 104.000 to 103.300- .200 area. We bagged 200 pips from GOLD You have a skill that only 3% of the world population have, that why you should not quit. I will never quit.. I love trading.. Today is successful Looking forward to tomorrow. Thanks for trading with me today.
TVC:DXYShort
by stuckinprofit
DXY BEARS COULD RETEST 103.000 I often talk about the power of looking over our trades for those highs and lows over time, not because we can not trade but because we can be dynamic. Well to put it simply, I am bullish on DXY this year but price failed to break above 105.00 and 104.000 respectively.. Price seem to be unfolding to bring about something beautiful on the chart, this might just be what we need, the world seem to always give us what we ask for, and instead of accepting the continuation of my previous bias, I accept the evolution of my self and for my sake and the world, I am not afraid to share this.
TVC:DXYShort
by stuckinprofit
DXY FORECASTMARKET PHASE TVC:DXY is in a weekly uptrend with a daily timeframe corrective structure taking place. AREA OF VALUE We can expect a buildup of liquidity (sell stops, shorts, stop losses) below the Feb 20, 2024 daily swing low. On the 4H timeframe, we are already seeing buying pressure taking place below the Feb 20, 2024 daily swing low. TRADE Wait for a violent break and close above the Feb 21, 2024 daily swing high and a pullback into the liquidity zone before going long.
TVC:DXYLong
by Mankz
DXY = Watch for info - Pre trading opens soonWatch DXY tonight when pre trading opens. Rejection from here is possible but the MACD has th eroom to push it over that trend line and to turn it into support if the DXY Bulls decide to try it If they do, it will be very interesting to see if the Selling pressure takes over again. A Drop from here would be Good for Crypto...... One thing that Shows that rejection may happen is the increase in GOLD price recently This is the GOLD USD daily chart and shows money flowing out and into gold..... This will only happen while Bitcoin is cooling off after 14 months of Rise and it may not yet be finished. This is the Daily #Bitcoina nd shows it breaking out but questions remain as to how long that may last, Hence the flow into Gold ALL EYES ON DXY
TVC:DXY
by Orriginal
USDX: Thoughts and Analysis Today's focus: USDX Pattern – Continuation (Bullish) Support – 103.65 Resistance – 103.96 Hi, traders; thanks for tuning in for today's update. Today, we are looking at USDX on the daily chart. Today, we are asking if the USDX will set off on a new continuation higher after posting further bullish price action. The worry is if we don't see a close above resistance. This could set up a failed high, and if we don't see a break of resistance, this could set up a new extension lower. Good trading.
EIGHTCAP:USDXLong
by Eightcap
DXY Dollar Index Technical Analysis and Trade IdeaOn the higher time frame, the DXY exhibits a bullish trend, characterized by recent retracement into the 50% level on the Fibonacci. As we delve into lower timeframes, our focus sharpens. Specifically, we are on the lookout for price to form a double bottom setup—a pattern that often signals a potential reversal. This setup involves a break below the previous range lows, followed by a robust rally and, subsequently, a formation of higher lows and highs. Additionally, we pay close attention to the concept of retest and failure. If price retraces to a key support level and fails to hold, it can indicate a shift in market dynamics. In this case, we’re particularly interested in observing a retest and subsequent failure of a range at support. However, it’s paramount to acknowledge the inherent risks associated with trading. Always conduct thorough research, considering both fundamental market drivers and the broader macroeconomic landscape. Combine this analysis with your technical insights. Furthermore, implement sound risk management strategies to safeguard your capital. Disclaimer: This analysis provides a technical perspective on the U.S. Dollar Index (DXY) and should not be construed as investment advice. Tailor your trading decisions to your specific risk
TVC:DXYLong
by fxtraderanthony
DXY INDEX PULLBACK TEST TO DOWN hello guys iam here to share my idea about dxy index , please give your suggestion what do you think about dxy down or up ,? As a professional trader, I'm observing a potential short-term downtrend in the DXY index, targeting a decline of approximately 200 pips from 1.3600 to 1.1400. However, before initiating this downward move, I anticipate a retracement upwards, possibly ranging between 100 to 150 pips. This retracement could offer an opportunity for long positions before the index resumes its downward trajectory, providing a chance to capitalize on potential gains before the sell-off. It's important to maintain a disciplined approach and wait for confirmation of the retracement before considering entry points for long positions. Additionally, closely monitoring market conditions, including key support and resistance levels, as well as fundamental factors influencing the index, will be essential for successful execution of this trading strategy.
TVC:DXYShort
by Forex_Haleh_signals_professor
DXY H1 / BULLISH MARKET STRUCTURE SIGNAL => 📈✅ Hello Traders! This is my idea related to the future movement of DXY H1. As we can see, the market is reacting from the resistance level, and at this moment, I'm looking for a bullish confirmation to execute a long entry. The perfect scenario would be to see a retracement until the OB that I mentioned and after that, to go bullish. In case of confirmation, I will execute this trade. Traders, if my proposal resonates with you or if you hold a divergent viewpoint regarding this trade, feel free to share your thoughts in the comments. I welcome the opportunity to hear your perspectives. ____________________________________ Follow, like, and comment to see my content: www.tradingview.com
TVC:DXYLong
by GoodTradeST
1