DXY can pull up next week this fall descending wedge pattern can break to the upside. looks like a Distributuion schematic
Dxylong
DXY long term analysis Pay careful annotations that are made on both of these charts. The daily bearish shift could mean a retracement on the monthly order flow to take the liquidity resting below X. For more confluences, align fundamentals for more confidence.
Happy Trading!
-Team Lamda
EURUSD, USDCADEURUSD short idea
EURUSD rejecting 1HTF poi zone to the down side
USDCAD long idea
USDCAD rejecting 1HFT poi zone to the up side
DXY long
DXY Long term buying opportunityIt would be more meaningful if you can see the full analysis behind this projection.
DXY LOOKS BULLISHAn bullish move on dxy , so inupcoming days market might push the dollar towards the upside and if it works then usd pairs also might go up and gold down !
DXY Symmetrical triangleWhat we can see on the chart is a symmetrical triangle pattern.
Take a position only if/when the price breaks out of the triangle.
If the price breaks down, enter short.
If the price choose upside, enter long position.
Targets as shown in the chart.
P.S Don´t forget to setup stop loss :)
Good luck
Watch out for Dollar bounceObvious bullish divergences appeared on lower TF's. Watch out.
EURUSD also signaling a pullback.
This is a trade idea I have been watching since 2019There is nothing more confusing to me than the value of the dollar and is very hard to predict price based on fundamentals, if this plays out Id be amazed
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
DXY for new Month and targets regarding the strength of USDWith world fundamentals and imbalances in need to re organize the economy USD needs to strengthen and climb higher before our current recession worsens. Using this as a confluence with XAU we can determine our journey to and above 2k. As DXY strengthens XAU will have an opposite effect.
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.
The dollar $DXY is full steam ahead!-The dollar bounced off the 200 ema
-TTM Squeeze went off on the monthly chart
-It's retracing after the launch
-check below for more TF's
-dollar going to 160 before a new Plaza Accord happens that revolves around a digital currency based on social credit scores (Mark of the Beast 666)
$DXY #ELLIOTTWAVE #USD🚀 #EURUSD #XAUUSD #BTCUSD #CRYPTO 📉This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.
Friday's look at DXYHELLO TRADERS, I wish you a pleasant end of the week.. so let's get to the analysis
If during today's NY session we rebound from the marked zone 106.630 - 106.780, then we can continue further upwards to test the zone of interest around 107.750
US dollars LongUs dollar long.Many people was looking to go short on it, I will try for long.
1-Trend line Long. Weak break down for me.
CFTC report still long on USD.
Keep in my eyes and will see.
I take on H&S long
2H #DXY Long - Detrended Price Oscillator AnalysisExcellent entry point here for the Dollar Index, because we can place a tight stop loss.
If the DPO crosses under 0, close your position. Bull divergence is forming on the DPO here.
See chart for Take Profits
Note that this will affect all trade pairs that have negative correlation to dollar.
Creating a bearish DOW, SP500, NASDAQ, GOLD, EURUSD, BTC, etc, etc.
Good luck.
It's not about being right or wrong it's about finding the best time to hunt and HOPE for a kill.
DXY D1 Chart Update for 17th November 22DXY is on major support area now also $ index has pending major upside correction.
Trade Wisely.
DXY will retrace to 108, then continue its bearish trendI told you guys, The Fe* will do their job at specific price and date. I don't know if this sounds very "conspiracy" to you. But, fibonacci retracement + time-series analysis provide an inevitable proof. So, if i don't miscalculated and their cycle doesn't change...22 November 2022 would be the key reversal point ☝️
Hopefully the cycle doesn't change, so this analysis should be correct.
TRADE WITH YOUR OWN RISK MANAGEMENT 😜
Cheers, Chartwatcher1996 a.k.a H. Haidar
East Java, 17 November 2022
$Dxy #Dxy #Usd #Elliottwave Forecast Monthly TF.This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.
Waiting for confirmation on USDJPYI posted about a month ago my idea on USDJPY and how it will go. If you want to see check Related Ideas section. We all know DXY made new high thanks to Inflation. We are waiting for to enter long term SHORT position which will be pullback to 146 - 148 area. If USDJPY could get resistance from there that will be huge confirmation to enter. Our target will be 138, 132, 125.
AUDUSDSimilar to NU. Looking for a push lower. However, seeing that it is Friday and I generally do not hold positions over the weekend, I will be closing with the profits I have.
Ideally, if the DXY is geared up to go higher, I will still check for re-entries lower on foreign pairs.
Good luck for next week.
Thanks
USDTRY still bullishWe expect more upside before any significant pullback. Our target is 1 fib extension.
RSI remains strong and the price is about to break the previous all time high.
Once the price enters discovery mode, it should pump fast. Don´t try to short it or you will get REKT.
