My view for the dollar index and todays New York sessionI have a bearish view on the dollar index from specified levels
Dxyshort!!!!!!!!!!!!!
Bears surrounded the DXYAfter given breakout from the parallel bearish channel, DXY has found it self in heavy waters as it struggles to close above MA50 and subsequent horizontal resistance line. It is likely that DXY will retest lower support lines as hidden bearish divergence is also evident.
DXY ABCD Bearish Pattern This is just An IDEA .
In DXY H1 Timeframe have ABCD BEARISH Pattern GREEN LINES are Targets for TP.
Have GREAT DAYS IN week.
DXY Setting up For News 01/12/2023
information shared is for educational and demo purposed only, trading is risky and you can loose 100% of your trading capital
DXY IS BACKIm expecting 103.735 for sell side..This is only reaccumulation of dollar index.
Buy side 101 for SMC traders.
Trade base on your own decissions.
Come and check me out for more.
dxy sell limit orderdxy sell signal
It is located in the range of the ceiling of the descending channel and it seems that it will fall to the bottom of the channel after reaching the limit of losses
DXY Rejection at the resistance trendlineUS Dollars TVC:DXY is back at the resistance trendline, after some momentum move in the past few days. I expect a rejection at this level which would bring the price down.
However if price breaks through the resistance and closes above the trendline, i will conclude that the downtrend season is over and price will continue rally to the upside.
But my bias is a short if price is rejected at this zone
LONG EURUSD with target 400 pips the EURO is in uptrend and we have 50% correction from last wave
so we will long EURUSD at current price
SL 1.06
TP 1.12
Good luck traders
DXY LONG PLAY 06-02-23 (H1)
The weekly close was very bullish, this is my first target next week. I am targeting the daily FVG and equilibrium of the FVG. My long-term play is the weekly volume imbalance as it has been for a few weeks but it may take months to play out.
Bearish retest possibilityOne can only assume a trend continues until it doesn't. After the dixie ran the lows I therefore am expecting a bearish retest. A support held above retest zone should lead to continuation of bullish price action. I am targetting the 97 levels as support.
Drawing supply and demand areas and possible scenarioDrawing supply and demand areas and possible scenario Drawing supply and demand areas and possible scenario Drawing supply and demand areas and possible scenario Drawing supply and demand areas and possible scenario
DXY Short Play 30-01-23 Weekly TargetWeekly Volume imbalance is the target, this has been the target for a few weeks now. Major news events later in the week should help price to the target.
EURUSD Long Play 30-01-23 Weekly TargetWeekly Volume imbalance is the target, this has been the target for a few weeks now. Major news events later in the week should help price to the target.
UPDATE: DIXIE still on its way down to 96.40Since September 2022, the DIXIE has been coming down on a strong bear trend.
When this happens, the US Dollar weakens and many of the other currencies strengthen.
Hence you can see the EUR/USD taking off for the first time in months...
Anyway, technically the DIXIE is still showing more downside to come.
Technically, the price remains below 200SMA (Black Line) which turned the background RED.
Second, the RSI has remained below the 50 mark, which is why the background remains red - Bearish...
Thirdly, there is a strong down channel which the price is riding down.
My first target for the Dixie remains at is 96.40.
Trade well, live free..
Timon
(Financial trader since 2003)
MANAUSDT SWING LONG Here are the fews points i am looking for this chart
1.Price showing us deep pull back breaking though last uptrend swing low
2.Price showing us a new strong momentum to the upside
3.We can compare those down wave to the new up wave , very clear that buyer are taking control
4.Price start to consolidate and holding up the FIB 50% level (showing us price are strong to buy )
5.We need to see price break out in strong momentum bar before we entry (maybe restested )
6.Remember we are buying new higher high make sure moved you stop loss to breakeven when you are in profit about 1-1 risk and reward
7. Target : no Target (trend following )
Buy DXY Confirmation
• Low of Friday Sell Side liquidity taken out✔️
• Break in Market Structure ✔️
Entry
• At Fair Value Gap and below the midnight open ✔️
Target
• Price to fill the Price Gap ✔️
DXY Short Play 23-01-23I'm expecting a bearish week for DXY, I believe we are heading for the weekly volume imbalance at 97.2.
DXY DUMPAll HTF from Weekly To Daily are Down trending
Price on the H4 and is ranging and i assume its all manipulation. Bonds are making a pullback due to interest rate hikes. but none the less price is still very very bearish. Even the USDJPY is on a pull back this confirms that the market is now risk on as Beta Currencies are taking a Dive too.
DXY DAILY BIAS (HOURLY) 17-01-23I believe the next draw on liquidity is the FVG at 102.108 - 101.994.
