DXY U.S. Dollar currency index DXY will be open soon and should dropping becoz of it exited from weekly channel and tested . also #RSI is over sold and tested resistant so should see big dump for this week and next weeks for DXY
Dxysetup
Dollar Index Chart Analysis....
In this situation DXY chart Lower high wave.So, market need
seems sell correction @ 105:2700 and 103:878 and 102:300 support level.If breakout 108.500
resistance level, then market Buy UP to 109:680 resistance level.
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data, quotes, charts and buy/sell signals.
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Dollar Index Chart Analysis....
In this situation DXY chart Long tarm create bullish rectangle pattern.So, market
first buy correction @ 111:315 and 111:950 resistance level. Then sell to 109.400 support
zone. If breakout 113.080 resistance level, then market Buy UP to 115.250 resistance level.
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data, quotes, charts and buy/sell signals.
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DXY Chart Analysis....
In this situation DXY chart long term create bullish bat pattern and short term
create Elliotte wave pattern. So, market need to seem buy correction @ 111.300 and 111.460
resistance level. If breakout @ 110.222 support zone, then market sell up to 109.700 support.
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reliance on the information contained within this channel including
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If you like this idea, do not forget to support with a like and follow.
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The Fall of Dollar is Around the Corner ... Bearish Dollar?DXY is close to a premium array (-OB)
Dollar Price is Bearish Long Term. The Open of the OB (116.457) would be ideal to expect the sell come in...
Confirmation is vital in my trading so won't just enter straight away.
I will post another idea for the sell entry.
This is just to call y'all attention to what I see on DXY.
If the sell does come in then the First Target on Monthly TF would be 88.493.
Follow for more quality trade Ideas...Trade Safe ;)
$US DXY Update 10/04/2022The US dollar is losing strength after getting rejected from the 2nd top. It also formed bearish divergence.
Currently, it is holding above the trend-line support and a breakdown below it, would be a bearish confirmation for it and if it gave a close above 2nd top then that would confirm more upside move in the price of the US dollar.
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MetaFutures
Dxy- Stalling near hightsAfter the strong reversal from near the ascending trend line, DXY managed to get back above resistance, but the index is lacking conviction and is unable to continue.
Instead, DXY is stalling and is putting in Pin Bars on our daily chart.
This can be an indication that a correction could follow and a break back under resistance, now support would bring confirmation.
I've become slightly bearish on USD for now.
Wait and see is my approach on Usd pairs
Dollar In ranging, Short expectedNow Dollar index consolidate on108.3-109.3. If breakout then dollar gonna another high to 111.2; If NFP data will negative, Dollar gonna 106.3 and go on.
Big Picture! Dollar now on solid bullish trend or up trend and still dominates the higher price.
DISCLAIMER
Remember, there is no place for luck in trading - only strategy!
This analysis can change at anytime without any update and it is only for the purpose of assisting traders to make independent investments decisions. We are the only one person who is responsible for our physical, mental health, relationships, success, and money in our lives. So taking a trading or investment risk on the markets based on this idea. You deserve the profit and you are responsible for your potential loss. Any opinions, news, research, analyses, prices, or other information discussed in this idea.
Here i anticipated by price action, please do not consider investment advice, Because i'm not your official financial advisor. The author of this analysis does not accept liability for any loss or damage.
DXY has is preparing to take off!!DXY has opened with a big gap in the monthly perspective. With the long-term bullish market structure, DXY is preparing to continue its uptrend. It is a high probability that DXY will test the support of this structure and will bounce off to the upside.
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DXY create Elliott wave.So Short sell, long buy
In this situation DXY chart Hopefully create Elliott wave.
So, market need seems to SELL correction at 107.700 support
zone. Then Market fully BUY to 109.300 resistance level.
AronnoFX will not accept any liability for loss or damage as a result of
reliance on the information contained within this channel including
data, quotes, charts and buy/sell signals.
If you like this idea, do not forget to support with a like and follow.
DXY create Bullish Pattern Dollar create bullish pattern, Now dollar create double bottom in trend support line, In last July dollar create a top in 109.7 Now i anticipate dollar will create another top in 110.8 range!
Remember, there is no place for luck in trading - only strategy!
This analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions.
DXY need correctionDXY create higher high & lower high; bearish divergence pattern. in technical view dxy need a correction. I also see another view of dxy; dxy create bearish butterfly pattern.
DXY long for sure!Dollar is very bullish on monthly timeframe! Fed will hike another 75bps in july. So dollar will crazy!
DXY Chart H1Here is my view for DXY on H1. The price could go down, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
DXY Chart H4Here is my view for DXY on H4. The price could go up, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
DXY Prediction H4Here is my view for DXY on H4. The price should go up, you can put a pending order on the Order block or find an entry on LTF within OB Zone, but be careful as DXY also might still be affected by the Ukraine war. Trade Safe!
DXY - DOLLAR INDEX FORMING A BAT PATTERN - DXY is currently forming a BAT PATTERN.
- If you BREAK the DXY DOWNSIDE CHANNEL TREND LINE you can definitely COMPLETE the BAT PATTERN.
- If the DXY price falls below 95.00 LEVELS the BAT PATTERN will be INVALID and it will change to the SHARK PATTERN. If so we will UPDATE
- DXY BREAKOUT is very important for USD CROSS PAIRS.
- Up to DXY 97.27 can be UP if the BAT PATTERN is COMPLETE. So stay tuned for MARKET UPDATES.
DOLLAR INDEX CHART ANLYSIS.....
Dollar index seems to sell 96.767 level. When create reversal candle on
this zone then market fully Buy. Up to 98.500 level. Then second target is 99.00
AronnoFX will not accept any liability for loss or damage as a result of
reliance on the information contained within this channel including
data, quotes, charts and buy/sell signals
If you like this idea, do not forget to support with a like and follow.
Traders, if you like this idea or have your own opinion about it,
write in the comments. I will be glad.
USD INDEXHello traders. In the dollar index, I expect the price to drop to $ 94.5 in the first stage and $ 93.2 in the second stage after breaking the $ 95.4 level. Are you agree?
DXY Do or DieIn this update we review the recent price action in the Dollar Index and identify some high probability trading scenarios to take advantage of
USD- The REAL moment of truth!Since May's 2021 low, the Dollar Index was very bullish and the price has risen around 8%, but more importantly, has broken above 95 zone very important resistance.
After this important break, the price consolidated for one and a half months, but the price lacked continuation and, instead, has broken this consolidation to the downside.
At this moment we can't say out loud "reversal", but there are a lot of red flags coming with this development.
Technically the index is sitting on confluence support now and the trend remains up so far.
However, a clear break under this confluence support would be extremely bearish for USD with the confirmation of a false break and more importantly a lower high in place.
If this is the case, Dxy can drop and revisit the 90 zone if not even further
USDCHF Short term longi was bored so here's what i came up with. right now price is at support trendline on the daily and i believe it just completed the motive wave pattern 12345 and the first wave of the abcde corrective wave. Notice the divergence. so we're going to trade the retrace as a long position until which ever fib level it reverses to then after that we'll be looking to short it until the abcde pattern is complete. let me know what you think in el commentos.
