Get started

Dxyshort!!!!!!!!!!!!!

Price Anticipation for DXY 4hr TFWhat is your projection for the direction of DXY's price? Yesterday, the trendline was breached, and I was monitoring to see if the minor key zone would hold and close below it. Today, the market displayed a bearish trend, and I anticipate that the price will reach 103.854 before experiencing a pullback. If the 4-hour key zone is broken, we may witness further downward movement of DXY. However, it is essential to keep in mind that market reactions may change depending on the release of fundamental news.
TVC:DXYShort
by Popeson
1
DXY H4 ZONE MARKINGWe have an analysis of DXY H4 zone marking According to this analysis, we have found that Dollar is a bullish move because of price is moving above the (200MA & 50 EMA) golden cross-over price also tested the trendline 2 times for more information we marked the Demand & supply zone which is mentioned in the downside Demand zone1@ 104.563 to 104.397 Demand zone2@ 103.676 to 103.492 Demand zone3@ 101.863 to 101.519 Demand zone4@ 100.962 to 100.761 Supply zone @ 105.536 to 105.738 With this analysis, you will be able to find your most profitable trade. EnclaveFX does not recommend that you buy or sell this assist. We do not take any responsibility for your profits & losses. EnclaveFX believes in enhancing the knowledge of our clients & followers
TVC:DXYLong
by Enclave_fx
2
USD Index Targets 104.820 After US Federal Reserve Meeting?We have learned that almost all US Federal Reserve officials backed a 25-basis-points rate hike at the last FOMC meeting held on January 31 to February 1. Only a few officials favored a larger 50-basis-points hike at the meeting or said they "could have supported" it. Even so, many more dovish sentences were spoken in the latest meeting than compared to the December meeting. Although, officials did not go as far to consider a pause in rate hikes. The only time this topic was broached was in reference to foreign central banks and their potential strategies. Of course, the meetings also showed the obligatory note that, although the rate hikes have started to ease inflationary pressure, officials agreed that there was much more work to do to get inflation under control and were definitely aware of the risk of not doing enough, so the drip of dovish language will likely continue for some time before a dovish outlook overtakes a hawkish. Especially, because the meeting took place before the release of the hotter-than-expected jobs and retail sales data from January. This might go some way in supporting the USD in the short to medium term. Looking at the DXY after the release of the minutes, it looks to have helped the USD index push into the mid 104s, where it is encountering some resistance. The index only has to break into 104.700 to eclipse its recent one week high and return to its month high. A target above this range could include 104.820, which aligns with the 200-EMA and some peaks reached in January.
TVC:DXY
by BlackBull_Markets
1