Get started

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

DXY Price analysis 19 May 2024Monthly: The price come down after creating the M-Mss+, as there is no space left for M-FVG now so our bulish bias is invalid now. Monthly Bias: Consolidation. Weekly: The price has taken the W-FVG+ & closed bellow, Creating a W-MSS -, & there are 2 Target bellow situated in 103.921 level, so now our target is to go for the W-SSL. Weekly Bias: Bearish. Daily: The price has been rejected the W-FVG, now D-MSS- has been formed with a D-FVG- & the Price already rejected from that level, So the daily price is clearly showing that the we are going down, towards-103.921 level. Daily Bias: Bearish H4: In this level the price has been formed a h4 Cisd- from the daily FVG, so now we are confirmed that we are going towards down. H4 :Bias Bearish.
PEPPERSTONE:USDXShort
by Trader_PKR
DXY - USD Sinking To A Bottomless Pit The Fundamentals When I think of U.S. Federal Reserve and U.S. Government infinite debt ceiling, the title of the movie, "The Gods Must Be Crazy" comes to my mind. What they are doing has only one end result, the destruction of the U.S. $ and its economy. There are new sheriffs in town (BRICS - Economic Sheriffs, Russia, China, Iran - Military Sheriffs), the U.S. no longer has military nor economic hegemony, this is what's behind the power of the U.S. $, imagine being powerless to protect their interests in the red sea, where there's a new sheriff in town called Iran camouflaged as Houthis :D or being kicked out of Niger? Some genius decades ago, had the bright idea that backing the U.S. $ by military power was a great idea, moving factories to China for the sake of increasing profits was also a bright idea, and at the same time antagonizing China. The Technical Analysis Counting the waves, looks like we've completed wave B of wave 5 which means wave C could take the USD below 92. Coincidently that's close to 0.5 and 0.618 Fibs. Wave 1 and 2 of wave C looks completed now brace for impact! Mayday! Mayday! The Bullish Scenario Wave B of wave 5 could be an extended wave and take the USD all ze vay to 119 and crash afterwards.
INDEX:DXYShort
by ankhramsiswmriimn
DXY observations (short term bearish trend)DOLLAR OBSERVATIONS As price continues its downward trajectory, it has shifted its trend to the downside, leaving behind clear supply zones. One of these zones was previously identified and respected as per last week's forecast. I anticipate this short-term bearish trend to persist until it reaches the 104.200 mark. At that point, I expect a bullish reversal to occur, especially considering the presence of an imbalance just above this level. Additionally, with price currently in a downtrend, my bullish biases on GU and EU align accordingly. This correlation is logical until either of them reaches the supply zone on the daily chart, which should coincide with the same daily demand zone marked out on DXY.
TVC:DXYShort
by Hassan_fx
🚨DXY Index Is Ready to Go Down by H&S Pattern🚨🏃‍♂️ DXY index is moving near 🔴 Heavy Resistance zone($105.88-$104.65) 🔴. 📈In terms of Classical Technical Analysis , the DXY index has succeeded in forming an Ascending Broadening Wedge Pattern and is currently completing the right shoulder of the Head and Shoulders Pattern . 💡Also, the Regular Divergence (RD-) between the right and left shoulders of the H&S Pattern is clearly visible. 🔔I expect the DXY index to continue its decline after breaking the 🟢 Support zone($104.26-$103.88) 🟢 around $103 . U.S.Dollar Currency Index ( DXYUSD ) Analyze, 4-hour time frame⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
TVC:DXYShort
by pejman_zwin
1
DXY Directional Bias is now Bearish**Weekly Chart** As Expected in our previous analysis DXY coiled near MC Candle of 14th Feb 2024. Note: Please refer to our last week analysis. **Daily Chart** Last week DXY moved higher only to break the high of the previous MC, balance the IPA (FVG) candle of Nov 2023, and tricked retail traders by moving slightly higher before started dropping and creating another MC candle. On Friday 5th April 2024, DXY tried to move higher again but it failed and created a key reversal and tested the smaller liquidity candle of 3rd April before moving lower. The reason this reached a weekly high and dropped below it, suggests a move lower in the next couple of weeks. The first target is around 103 and the second target is around 102.50 (the previous weekly low).
TVC:DXYShort
by PropSignals
1
DXY Descent Alert: Path to 102.800 - 102.280Update on DXY's Movement: The DXY has hit our projected targets in DXY Rebound Alert: Prepare for the 104-105 Swing and completed its last wave in a WXY pattern, with a truncated Y wave. Following this, we've observed a downward trend, with the DXY breaking through the main price channel. We anticipate a decline from the current area to the Fibonacci levels of 0.5-0.618, positioning the index around 102.800 to 102.280. Immediate Outlook: A closer inspection of the monthly chart suggests a sideways movement within the 103.500 to 104.450 range until the end of February, after which we expect the DXY to descend towards our specified targets. Next Steps After Target Achievement: Once the DXY reaches our anticipated Fibonacci levels, the crucial question will arise: Is this descent indicative of a broader reversal, potentially driving the DXY below the 100 threshold, or is it a temporary retracement in anticipation of a subsequent rally that could propel the index above 107? This determination will be essential once we hit the specified target range, guiding our subsequent analysis and strategic approach. Invalidation Point: Our analysis would need reevaluation if the DXY breaks and closes above the monthly trend line. It's essential to wait for a retest of this break to confirm its validity. Such a development could alter the current outlook significantly, necessitating a strategic reassessment. take a closer look on the 1M Frame chart below:
TVC:DXYShort
by ahmadsaad83
2
US dollar index fluctuates and rises Although the US dollar index will temporarily come under pressure at the central axis of 104.2 today, this central axis cannot be suppressed. There is a high probability that it will break upward and test the pressure position of 104.5-105; keep the slow bull trend moving upward! Therefore, yesterday’s transaction was also a huge profit! Those who were long in the US and Japan, and short in the Euro and British Pounds, all made a lot of profits! U.S. dollar index: 1: The golden cross of the stochastic indicator of daily K is upward, which is the main bull signal; it is recommended to remain bullish; in terms of form, the continuous positive trend is upward; the central axis support position is around 103.6; in the short term, the bullish rise continues; 2:4 During the hour, the stochastic indicator is temporarily in a passive state, with a slow bullish upward trend; the support position is around 103.6; To sum up: the short-term trend remains bullish during the day, and it is recommended to continue to choose to go long on dips. At the same time, it is bullish on the United States and Japan, bearish on the euro, and bearish on the pound; gold needs specific analysis and treatment; In terms of data, the Fed is expected to keep interest rates unchanged at around 5%; Powell's attitude is more hawkish
TVC:DXYLong
by Crazy_money_making_signals
DXY Index will Go Down to next Support zone✅ DXY Index has succeeded in completing a Rising Wedge Pattern near the 🔴 Resistance zone($105.90-$104.64) 🔴. 🔨DXY also managed to break the lower line of the Rising Wedge Pattern and is currently breaking the 🟢 Support zone($104.30-$103.89) 🟢. 💡Also, we can see Regular Divergence(RD-) between two Consecutive Peaks . 🔔After breaking the 🟢 Support zone($104.30-$103.89) 🟢, I expect the DXY index to continue declining until the next 🟢Support zone($102.86-$102.420)🟢 . U.S.Dollar Currency Index ( DXYUSD ) Analyze, 4-hour time frame⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
TVC:DXYShort
by pejman_zwin
4
DXY Weekly Analysis "The DXY seems to be retracing from 100.615 to take liquidity at 104.565, and we've observed significant price reactions in the area since Monday, November 13, 23. This suggests that the DXY is currently showing efficiency and may be inclined to move lower towards 99.559. However, reaching 99.559 might face resistance due to a "shield area," which could potentially cause the DXY to struggle on the downside. It's possible we'll witness the DXY lingering around the red shaded area at 101.910 for a while. If the price breaks below this level swiftly with large downward candles, we anticipate further downward movement towards 99.559. Otherwise, if it fails to break below 101.910, we'll provide an update accordingly."
TVC:DXYShort
by Deotrade1
DXY BEARS COULD RETEST 103.000 I often talk about the power of looking over our trades for those highs and lows over time, not because we can not trade but because we can be dynamic. Well to put it simply, I am bullish on DXY this year but price failed to break above 105.00 and 104.000 respectively.. Price seem to be unfolding to bring about something beautiful on the chart, this might just be what we need, the world seem to always give us what we ask for, and instead of accepting the continuation of my previous bias, I accept the evolution of my self and for my sake and the world, I am not afraid to share this.
TVC:DXYShort
by stuckinprofit
DXY INDEX PULLBACK TEST TO DOWN hello guys iam here to share my idea about dxy index , please give your suggestion what do you think about dxy down or up ,? As a professional trader, I'm observing a potential short-term downtrend in the DXY index, targeting a decline of approximately 200 pips from 1.3600 to 1.1400. However, before initiating this downward move, I anticipate a retracement upwards, possibly ranging between 100 to 150 pips. This retracement could offer an opportunity for long positions before the index resumes its downward trajectory, providing a chance to capitalize on potential gains before the sell-off. It's important to maintain a disciplined approach and wait for confirmation of the retracement before considering entry points for long positions. Additionally, closely monitoring market conditions, including key support and resistance levels, as well as fundamental factors influencing the index, will be essential for successful execution of this trading strategy.
TVC:DXYShort
by Forex_Signals_io