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Dxyindex

Short break for DXY growth again⏰As I expected in the previous post, DXY completed wave 5 at the bottom of the descending channel and the 🟢support zone($ 101.3-$ 100.82)🟢.👇✅ It seems that DXY intends to break the upper line of the descending channel after a short break in the middle of the descending channel. According to the theory of Elliott Waves, the DXY correction structure is a type of Zigzag correction(ABC/5-3-5). The end of this zigzag correction or break is expected to end near the middle line of the descending channel or the 🟢support zone($ 101.3-$ 100.82)🟢, and then DXY will grow again at least to the upper line of the descending channel (probably DXY will break descending channel this time). U.S.Dollar Currency Index ( DXYUSD ) Analyze, 2-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
43
New opportunity to add in my dollar positionAfter breaking through the support zone, a retest occurred, accompanied by a 61% Fibonacci retracement. Thursday's GDP data will be the deciding factor for market movement, We can anticipate two potential outcomes: 1. If the GDP exceeds expectations, investors may feel more secure, and as a result, dollar prices may not increase significantly. 2. A worse-than-expected GDP could trigger fears of a potential recession, leading to a surge in demand for safe-haven assets like gold. This increase in demand could drive up the price of gold and weaken the dollar significantly.
TVC:DXYShort
by keechi
17
DOLLAR INDEX Correct to support & levels to watch. DXY💲Hello my friend, Everything is marked on the chart like always. We can consider it and entering safe in the Gold , Euro , Pound and etc. key point is 103. Good luck. If its useful please like it as a support and follow me to next analysis :) Salam doostan aziz, hame chiz rooye chart baraye shoma moshakhas shode. mitoonim in ro dar nazar begirim va vorood haaye behtari dar Gold va euro va pond va ... dashte bashim. noghte kelidi 103 hastesh. moafagh bashid. like va follow faramoosh nashe :)
TVC:DXYShort
by ArashBanakar
1
DXY: Event influence!Hello traders, I have some USD related information to share with you ♥ US Dollar's position as the primary global reserve currency is being challenged The US Dollar's share of the global market has decreased from 71 percent to 59 percent over the last two decades and could shrink even further in the future. The primary victim in this scenario is the United States, as currency usage in global trade is a zero-sum game. Each time a Yuan, real, or Rupee is exchanged on the global market, a Dollar is not. If credible alternatives gain steam, the dominance of America in the global market will be compromised.
TVC:DXYShort
by Sphyn-Trader
2
💋Last KISS💋 of 🥇Gold🥇 to the lost 🟢Support zone🟢Gold was able to break the 🟢 support zone($ 1990.6- $ 1961.7) 🟢 by a red long-body candle and huge volume( Breakout Candle 🔨). If we look at the gold chart in the 15-minute time frame from the theory of Elliott waves, we will find that wave 4 returning to the support zone plays the role of a pullback(💋Last Kiss💋). Another sign that we can confirm the end of wave 4 is the formation of the Head and Shoulders pattern in the 5-minute time frame (for better clarity, of course). 🔔I expect wave 5 to end near the support line. If you want to have a better view of this analysis, I suggest you take a look at the following post.👇 Gold Analyze ( XAUUSD ), 15-minute 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.
OANDA:XAUUSDShort
by pejman_zwin
31
🥇Gold🥇is playing the Yo-Yo game (Falling this time)🪀Gold seems to be playing 🪀yo-yo🪀, and this time it is its turn to go down. Gold is running near the resistance line and 🔴resistance zone($ 2015- $ 2012)🔴. If we look at Gold from the theory of Elliott waves , we can understand that Gold finished the last Zigzag wave (C) near the 🔴resistance zone($ 2015- $ 2012)🔴. I expect gold to at least fall to the 🟢support zone($ 1990.6- $ 1961.7)🟢. Gold Analyze ( XAUUSD ), 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.
OANDA:XAUUSDShort
by pejman_zwin
44
🥇Gold🥇has completed the pullback and is ready to FALL again❗️As I expected in the previous post, Gold executed the Expanding Ending Diagonal pattern well and managed to break the lower line of this pattern and the uptrend line. Gold has now completed a pullback to lines with wave 4. I expect wave 5 to end at the 🟢support zone($ 1990.6- $ 1961.7)🟢 or support line. Gold Analyze ( XAUUSD ), 30-minute 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.
OANDA:XAUUSDShort
by pejman_zwin
22
DXY - Long term | Market outlookInvestors focus on further actions of the US Federal Reserve in the field of monetary policy. Most experts believe that in May, the regulator will raise the interest rate above 5.0%, after which it will keep it at this level, and by the end of the year, it may begin to reduce the cost of borrowing again. Under the conditions, the comments of American officials are of particular interest. Thus, the President of the Federal Reserve Bank (FRB) of Atlanta, Rafael Bostic, noted that it is necessary to increase the rate again, after which it is worth stopping and assessing how quickly inflation returns to the target levels. The official added that the US economy remains strong, price increases are high, and there is a lot of work to be done in the fight against it. St. Louis Fed President, James Bullard, in an interview with Reuters, confirmed that monetary policy tightening could continue amid the release of recent economic data, as inflation is not declining and economic recovery is slow.
TVC:DXYShort
by DynamicCapital-FX
DXY brief gain to the resistance area 📖🚀Hello 🐋 Based on the chart, the price is close to the support area and channel support ✔️ if the price doesn't break the support zone to the downside, we can see more gain 💣🚀 otherwise we can see more correction ❌🧨 👌 Notice: pay attention to the price on shortcut chart (located above the main chart with black colour) 📖💡 Please, feel free to share your point of view, write it in the comments below, thanks 🐋
TVC:DXYLong
by MadWhale
6