DXY Index New Week MovePair : DXY Index
Description :
Breakout and Retracement of the Corrective Pattern " Bullish Channel " in Short Time Frame. Breakout the Fibonacci Level 61.80% and it will Complete " 12345 " Impulsive Wave at Fibonacci Level - 78.60% or Daily Demand Zone
Entry Precautions :
Wait until Breaks or Rejects Previous Support
Dxysetup
DXY Index 11-15 Dec MovePair : DXY Index
Description :
Completed Impulsive Waves " 12345 " and Corrective Waves " ab " at Daily Demand Zone or Fibonacci Level - 61.80%. It has completed the Retracement for Break of Structure. Bullish Channel in Short Time Frame
Entry Precaution :
Wait until Resistance React as Support
DXY → Extra losses look likely below 104.00TVC:DXY attempts a mild recovery to the 104.30/40 band after bottoming out just below the 104.00 support earlier in the session on Wednesday.
The breakdown of the November low of 103.98 (November 14-15) should pave the way for a quick test of the critical 200-day SMA at 103.60 prior to the weekly low of 102.96 (August 30).
In the meantime, while above the key 200-day SMA, today at 103.60, the outlook for the index is expected to remain constructive.
After inflation, the US dollar will increase sharply next weekThe US dollar was barely changed in early European trading on Tuesday ahead of the latest inflation data that could determine the direction of US monetary policy, while sterling rose as investors British workers continue to benefit from healthy wage increases.
At 3:10 a.m. ET (08:10 GMT), the dollar index, which tracks the greenback against a basket of six other currencies, was trading virtually unchanged at 105.516.
Trading was largely confined to a narrow range on Tuesday as traders cautiously awaited the release of the US consumer price index at the end of the October session, a number likely to boost sentiment. believe. Book}} meeting.
Analysts expect annual revenue growth to rise 3.3% year-over-year, down from 3.7% in September, while also expecting a 0.1% increase over the month, lower than the 0.4% increase observed last month.
Some Fed officials, including Chairman Jerome Powell, have warned that persistent inflation could cause the central bank's interest rates to rise further and any signs that prices are harder to come by than expected are all likely to sharply increase bets on rising interest rates. US central bank. Higher interest rates - a scenario that bodes well for the dollar.
DXY Index Pair : DXY Index
Description :
Completed " 12345 " Impulsive Wave and " A " Corrective Wave at Fibonacci Level - 38.20%. Bearish Channel as an Corrective Pattern in Short Time Frame with the Rejection from the Upper Trend Line it will reach Lower Trend Line / Demand Zone to complete its " z " Wave
Entry Precautions :
Wait for the Breakout / Rejection
DXY Daily Analysis - Fall to 200EMA 105.000 Level Then Bounce?DXY has been rejected at the bull channel support, falling to 105.000 before closing last week. There is now a gap to the 200EMA, which given the rejection bar, seems like a probable target if you're already short. I would caution going full-on short just yet until we close below the 200EMA. If we get a bounce at the 200EMA, I would consider a long back up to the 30EMA at 106.000.
Key Points:
1. Fell out of Bull Channel
2. Rejection off of the Bull Channel at the 107.000 area
3. There is a gap down to the 200EMA
4. RSI Room to Move Up
As always, trade at your own risk, you are responsible for your trades. I hope this analysis was insightful and useful.
Trade wisely and let us know what you think in the comment section below!
DXY Index New Week MovePair : DXY Index
Description :
Completed the Breakout of the Daily Descending Trend Line But it hasn't Completed the Retracement. Making Corrective Wave " B " in LTF and STF. Break of Structure , Broke and Retraced Previous Resistance. Divergence - RSI
Entry Precaution :
Israel / Palestine War is affecting the Market , It is unstable so be careful and Use Proper Risk Management
DXY Index New Week MovePair : XAUUSD ( Gold / U.S Dollar )
Description :
Impulsive Waves " 12345 " and Corrective Wave " A " Completed. We have Break of Structure with the Retracement , It can Reject from Fibonacci Level - 50.00 / 61.80%. Bearish Channel in Short Time Frame it will Complete its Retracement and will Complete its " B " Corrective Wave
Entry Precautions :
Because of Israel / Palestine War Market can make false move so be careful
DXY Index New Week MovePair : DXY Index
Description :
Falling Wedge as an Corrective Pattern in Short Time Frame and Breakout of the Upper Trend Line and Retracement. Completed " 12345 " Impulsive Waves and " A " Corrective Wave. We have Strong Divergence and Break of Structure
Entry Precautions :
Don't Enter until its Rejects from Previous Support or Complete its Retracement
DXY LONG TERM TRADE SELLING
Hello Traders
In This Chart DXY HOURLY Forex Forecast By FOREX PLANET
today DXY analysis 👆
🟢This Chart includes_ (DXY market update)
🟢What is The Next Opportunity on DXY Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
DXY Reversal Anticipation - Short BiasDXY reversal outlook. I believe DXY is still going to go lower.
Possibly another thrust up before the reversal. A new month is about to start so I will be anticipating the monthly Power of 3.
The bias for lower DXY is COT reports of Intermarket assets and the lowest point of DXY falling short of the Weekly FVG. This rally could just be inducing liquidity. There is trendline buyside liquidity way up, but I would be quite surprised if it gained that much strength. If it did, probably a Black Swan liquidity sweep.
The first reversal point could deeper into the Daily FVG that it tapped into, into an old NDOG.
The second reversal point could be at a Weekly Mitigation Block with a lower timeframe Order Block, at or near the 70.5% OTE level.
The third reversal point could be at the highest Daily FVG after taking out an intermediate high.
This is all anticipation. Always wait for confirmation, and always be ok with not being right in your analysis. As ICT says, you can be right in your analysis and still be unprofitable, and be wrong in your analysis and still be profitable. We are here to make money.
Mind-Blowing Surge: US Dollar Skyrockets 5000% against Argentina
I come bearing astonishing news that will undoubtedly leave you stunned and intrigued. Brace yourselves for a mind-blowing revelation: the US dollar has soared an unprecedented 5000% against the Argentina peso!
Yes, you read that correctly! The US dollar's monumental surge against the Argentina peso has sent shockwaves through the forex market. This staggering increase has left many traders astounded, and rightfully so. It is a testament to the volatile nature of currency fluctuations and the potential opportunities that arise from such dramatic shifts.
As we witness this extraordinary event unfold, it is crucial to consider the implications and potential ramifications. Countries like Argentina, grappling with economic uncertainties, are now contemplating the adoption of the US dollar as a viable alternative. This development has sparked a flurry of discussions among economists and policymakers, drawing attention to the stability and strength of the US dollar in tumultuous times.
In light of this monumental shift, I urge you to carefully evaluate the potential benefits of including the US dollar in your forex strategies. One effective way to gauge the US dollar's performance against a basket of other major currencies is by monitoring the Dollar Index (DXY). This index, which measures the dollar's value against a weighted average of six major currencies, can provide valuable insights and assist in making informed trading decisions.
Considering the recent surge of the US dollar against the Argentina peso, keeping a close eye on the DXY becomes increasingly pertinent. By doing so, you can stay ahead of the curve and capitalize on potential opportunities that arise from countries considering the adoption of the US dollar.
So, fellow traders, let us seize this moment of surprise and possibility. Explore the potential of the US dollar, leverage the power of the DXY, and stay one step ahead in the ever-evolving forex market.
DXY Analysis 4July2023This analysis is still the same as the last analysis, I am still bullish for this analysis. the price is currently at support, with several signs of rejection candles, there is a possibility of continuing the bullish trend again. if the price drops from support, there is a high probability that the price will retest the SnD area below.
DXYIt's not financial advice.
It's just my prediction about the future of the DXY index
Just see and Think about it.
I think it's so interesting analysis to imagine the future of DXY.
So Let's go
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In the first level let me tell you more about the relationship between DXY and the cryptocurrency market.
It is a known fact that the crypto price movements are deeply correlated with the DXY Index since its inception. While the DXY index gets stranger, Bitcoin, Ethereum, and many other assets tend to fall. Besides, if the cryptos manifest their strength, then the dollar’s strength tends to fall
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Hello Guys.
How are you doing? I hope you feel great and always be happy and successful.
Today, I want to show you something strange that will happen in the market.
as you see in this chart, we are in Parallel Channel and whenever the index touches the top of the channel, we expect to react. it's the third time I expect the DXY index to go up from here.
But it takes time. maybe more than 4 Months.
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by the way, I should say that at the first level, we should go up to the 106 Level and stay there.
after that, we will expect to go up level by level.
the next levels are: 110-117-125 and maybe 132
who knows !!! maybe 132 is closer to us than we think.
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Please be patient and think about that.
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wish you health and wealth
Sincerely Yours