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Dxylong

DXYGood day everyone! Don't forget to put your thumbs up and write your comment if you like the idea Today, in addition to technical analysis of the dollar index, I would like to consider the situation with global liquidity (that is, the need for this DXY). In order not to be distracted later, let's immediately see what is happening in our technical system. Here, the main magnet still remains in the red zone at the 117.5-118.2. It is very difficult to calculate what structure the price will go there, but it is highly undesirable to break through the yellow trend exponent for growth. The first bearish zone is 105.5 - 106.2. Now let's talk about current liquidity. 1) As Bank of America reported in August, more than 15,000 US companies posted losses, the highest since the 2008 crisis. That is, in the cycle of liquidity compression (shrinking the balance sheet and increasing the cost of money due to an increase in the interest rate), there is not enough cash, while at the same time selling off assets means fixing losses, which can negatively affect the balance sheets of financial companies and their creditors. The first of the big ones to experience this problem was Credit Suisse. DISCLAIMER: The opinion of the author may not coincide with yours! Keep this in mind and consider in your trading transactions before making a trading decision.
CAPITALCOM:DXY
by airstels
💵U.S.Dollar Currency💵 Index Analyze (Road Map)!!!🗺️U.S.Dollar Currency Index ( DXY ) was able to break the Important Resistance Line , and I expect that DXY will grow UP at least over Resistance Zone , and then we will see the pullback to Resistance Zone by microwave 4 of Main wave 5 . After this happens, we will probably see the end of the Main wave 5 at my TRZ (Time Reversal Zone) and on top of the Ascending Channel . U.S.Dollar Currency Index ( DXY ) Analyze Timeframe Monthly (Log Scale). Do not forget to put Stop loss for your positions (For every position that 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:DXY
by pejman_zwin
💵U.S.Dollar Currency💵 Index Analyze(Road Map,10/13/2022)!!!🗺️It is better to discuss the meaning of DXY in the first step. What is DXY? The U.S. Dollar Index is an index of the value of the United States dollar relative to a basket of foreign currencies, often referred to as a basket of U.S. trade partners' currencies. The Index goes up when the U.S. dollar gains "strength" when compared to other currencies. In the second step, let's take a look at my previous analysis that I published on July 9, 2022; as you can see, it has moved well and as predicted.👇✅ When DXY managed to break the important resistance line in April 2022, I expected a bear market in the financial markets because this line was formed since 2002, and breaking this line was not a good sign for the market. But it seems that with DXY reaching the top of the ascending channel, microwave 3 of the main wave 5 has ended, and microwave 4 of the main wave 5 can inject new blood into the financial markets for a while. In general, I tried to share with you the road map that DXY can have until the middle of 2025. U.S.Dollar Currency Index (DXY) Analyze Timeframe Monthly(Log Scale). Do not forget to put Stop loss for your positions (For every position that 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:DXY
by pejman_zwin
2
Bitcoin bottom is going to be predicted by the top of the DXY!Im my last chart on BTC with the correlation with the DXY. You can clearly see when BTC dumps the DXY pumps. Even on the weekend when the DXY is not trading BTC does boring sideways action waiting for the DXY to open again. In my opinion we still have further upside with the DXY. We are currently trying to break through an ascending channel to the upside! We can clearly count from the yellow wave 4 another 5 wave move however we are missing the internal wave 5. Which in my opinion will get close to 120 level. Who knows maybe we get bad news tomorrow with the CPI data or with another big rate hike coming later. Let, 's see if we get above the channel and hold the trend line for support. This would be the confirmation we are probably going to 120.
TVC:DXYShort
by Luckyjimbob111