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Dxyshort

DXY-US DOLLAR INDEX--- BEARS TAKING OVER-SHORTThe markets are now correction and despite the fact the dollar has had a slow rally in 285 days it struggles to gain momentum and stay bullish. Now you can see from the charts that its heading into some sort of consolidation zone and I would personally short the dollar if I were trading it. I do not have any open positions on the DXY and I would watch it carefully. It seems like it would go bearish after a consolidation period the break out to the downside. Find out whats happeing with the dollar here in this TA Video... Disclaimer I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA, an accountant, or a lawyer. I’m not a finance professional through formal education. The contents on this TA,(Technical Analysis) are for informational and educational purposes only and do not constitute financial, investment, trading, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using or reading this technical analysis or site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this analysis, or post.
TVC:DXYShort
by CryptoBuzzAnalyst
US DOLLAR INDEX - FUTURE FORECAST?The USD is the strongest of the major currencies and in doing so, the dollar index (DXY) is also making a new high for the year. The index trades at the highest level since June 2020. Price Action: DXY has been in bullish trend and trading in bullish parallel channel (as shown in chart). This channel has been very reactive in the past. Currently price is standing at the top of the channel near psychological mark of 100. It has printed bearish divergence on RSI and considers as strongest due to the current standing of price action. While bears put 2 strong points on the table of divergence and channel top. Bulls counter with a breakout of month long consolidation. We remain watchful of the price action and trade it with the price action. What do you think? Who will win this battle?
TVC:DXY
by TradeTrio
2
DXY 96.07 - 0.74% SHORT IDEA * PRICE ACTION & REVERSAL PTTNS HEY EVERYONE HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE SOME OPPORTUNITIES THIS WEEK. LOOKING AT THE DOLLAR INDEX * The index has been trading in a bullish trend that lost momentum as we enter a reversal pattern that is now range-bound within the support & resistance . * Looking for a double bottom formation within this range unless we see a breakout or changes in momentum. * looking for reversals in the form of a double bottom, should we see continuation with the bulls, the plan changes. ON THE HOULRY CHART - We are within a descending structure that could support that double bottom. - looking for shorts on the dollar index , a break above changes the whole plan. lets see how it goes IF THIS IDEA ASSISTS IN ANY OR IF YOU LIKE THIS ONE SMASH THAT LIKE BUTTON & LEAVE A COMMENT. ALWAYS APPRECIATED ____________________________________________________________________________________________________________________ * Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT. _____________________________________________________________________________________________________________________ | * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - SWING TRADE
TVC:DXYShort
by PULEMokhothu
DXY: a confluence point.DXY looks toppy recently: there has been a distribution on large level with a triple top formation. This is very bearish and could lead to a downfall of the dollar. This thesi is in fact justifiable by the on going world situation, which is slowly heating up. There could be a war and the probabilities are very high. When you have nations providing money for guns, instead of a negotiation table, to a country which is pushing for nationalism, the situtation can escalate very fast. No one is doing anything to avoid this war, instead the world is calling for it. Americans need to learn their egemony in the world is coming to an end. And i really hope they will be able to learn, instead of trying to hold their power trough sanctions and war funding. I really hope we will be able to reach peace without a "world capitulation" AKA atomic war. This will be price in the DXY which will lose value, giving it to the YUAN and other currencies. At the same time, if the situation will be extremely heated we will see asset like BTC and GOLD increasing rapidly in value, and everything will be fueled by the downfall of the dollar. I believe a top is coming for the dollar and it could lose substantial value soon. The real question is: where is this value going to go? I believe we'll have answers soon!
TVC:DXYShort
by UnknownUnicorn19016152
DXY LONG TERM LONGS 📉📉📉📉 Expecting bullish price action on DXY based on a medium-long term analysis, we are clearly bullish from a technical standpoint if we take a look at the HTF D1/W1. From a fundamental perspective the FED ( USA CENTRAL BANK ) increased the interest rate and they announced that they will increase it more in the following year. For now the price is trapped in a RANGE area that should be taken out the next week 100 institutional figure is very very close for a next week target. What do you think ? Comment below..
TVC:DXYLong
by AnonimFXRO