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Dxysignals

DOLLAR INDEX Will history repeat itself?Not much of an analysis, more of a post to debate and food for thought. As you see the current price action on the 1W time-frame since January appears to be forming a bottom similar to that of January - March 2018. The similarities are that both Bottoms came after a 1D Death Cross (MA50 (blue trend-line) crossing below the MA200 (orange trend-line)). The 1W MACD Bullish (green arrows) and Bearish (red arrows) Crosses are also on an identical sequence. On the flip-side however, the current red 1W candle is proportionally much lower than any that followed the 2018 Bottom. As a result that causes the RSI to break its (minor) Higher Lows line. Fundamentally 2018 didn't have multi trillion USD packages inserted into the economy to save it from the COVID pandemic, as those we're having post March. So will the upcoming new stimulus vote alter these multi-year symmetrical patterns, or history will repeat itself? Recent short-term DXY signal: ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** -------------------------------------------------------------------------------------------------------- !! Donations via TradingView coins also help me a great deal at posting more free trading content and signals here !! 🎉 👍 Shout-out to TradingShot's 💰 top TradingView Coin donor 💰 this week ==> SocialCryptopreneur --------------------------------------------------------------------------------------------------------
TVC:DXY
by TradingShot
13
DXY - What Is a Head And Shoulders Pattern?What Is a Head And Shoulders Pattern? A head and shoulders pattern is a chart formation that appears as a baseline with three peaks, the outside two are close in height and the middle is highest. In technical analysis , a head and shoulders pattern describes a specific chart formation that predicts a bullish-to-bearish trend reversal. The head and shoulders pattern is believed to be one of the most reliable trend reversal patterns. It is one of several top patterns that signal, with varying degrees of accuracy, that an upward trend is nearing its end. Push like if you think this is a useful idea! Before to trade my ideas make your own analysis. Write your comments and questions here! Thanks for your support!
TVC:DXYLong
by Yuriy_Bishko
14
DXY Sell SignalPattern: Channel Down on 4H. Signal: Sell as the price is near the Lower Highs trend-line, replicating the October 15th fractal. Target: 89.510 (the -0.382 Fibonacci extension). ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** -------------------------------------------------------------------------------------------------------- !! Donations via TradingView coins also help me a great deal at posting more free trading content and signals here !! 🎉 👍 Shout-out to TradingShot's 💰 top TradingView Coin donor 💰 this week ==> CryptoShower --------------------------------------------------------------------------------------------------------
TVC:DXYShort
by TradingShot
11
DXY- Trading Plan and Forecasting Disclaimer: the content on this analysis is subject to change at any time without notice and is provided for the sole purpose of assisting traders to make independent investment decisions. this is not a signal. it's my opinion. trade your own risk. and Must Follow Money management. _______________________________________________________________________________________________________________________________________________________ Thank you for your support!
TVC:DXY
by Rapid-Trading-LTD
4
DXY Short-term outlookPattern: Bullish Megaphone on 4H. Signal: Short-term buy as long as the Higher Lows trend-line is holding as the consolidation on the 4H MA200 (orange trend-line) is an indication of short-term demand. Additionally the RSI is on its Support Zone while the MACD is forming a Bullish Cross. Sell if the 89.900 short-term Support breaks. Attention, long-term the trend is bearish. Sell the spikes if you don't want to be buying short-term. Target: The 4H MA50 on your buy and the 89.200 medium-term Support on your sell. Long-term outlook: ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** -------------------------------------------------------------------------------------------------------- !! Donations via TradingView coins also help me a great deal at posting more free trading content and signals here !! 🎉 👍 Shout-out to TradingShot's 💰 top TradingView Coin donor 💰 this week ==> xBTala --------------------------------------------------------------------------------------------------------
TVC:DXY
by TradingShot
3
DXY- Usd against the ropes, again...In my weekend comment, I said that the USD is very probable to had found a top at 91.50 and now looks ready to resume its long term downtrend once 91 zone support is cleared. At this point, the index is trading at 90.75 and under the confluence of horizontal and rising support of the flag. I favor selling USD against Eur, Aud, Nzd and Gbp, and buying dips for these pairs can be a good strategy. First support is at 90 and a break here would expose 89.20 low
TVC:DXYShort
by Mihai_Iacob
3
U.S. DOLLAR INDEX Sell signalPattern: Channel Down on 1D. Signal: Sell as the price not only got rejected today on the Channel's median but also on the 0.382 Fibonacci retracement level, potentially repeating the previous bearish leg of the Channel Down. Target: 88.000 (the -0.236 Fibonacci extension). *Reference* This scenario was captured on my last DXY idea, regarding the potential of the 1D time-frame. Take a look below: ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** -------------------------------------------------------------------------------------------------------- !! Donations via TradingView coins also help me a great deal at posting more free trading content and signals here !! 🎉 👍 Shout-out to TradingShot's 💰 top TradingView Coin donor 💰 this week ==> TradingView --------------------------------------------------------------------------------------------------------
TVC:DXYShort
by TradingShot
7
Judgement time for WTI Oil according to the DXY.Simple chart comparison on a +12 year time span. Oil on a Channel Down, DXY on a Channel Up. Every time DXY kept its Support (green zones), Oil failed to make a Higher High and break its Lower Highs trend-line. Oil hasn't made a Higher High since July 2008 and the Sub-prime mortgage crisis. Is it time to do so, if DXY breaks its Support this time? Thoughts??? Most recent WTI idea: Most recent DXY idea: ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** -------------------------------------------------------------------------------------------------------- !! Donations via TradingView coins also help me a great deal at posting more free trading content and signals here !! 🎉 👍 Shout-out to TradingShot's 💰 top TradingView Coin donor 💰 this week ==> Astael --------------------------------------------------------------------------------------------------------
NYMEX:CL1!
by TradingShot
3
DXY conflicting patterns on the 4H and 1D time-frames.The U.S. Dollar index is consolidating for the past 2 days within the MA50 and MA200 on the 4H time-frame (chart on the left). The RSI is indicating that such consolidating, within a Triangle pattern, is similar to the December 22-25 sequence, which after it broke ended lower with a new Lower Low on the long-term Channel Down pattern that DXY is in since late September. On the 1D time-frame though (chart on the right), both the RSI and MACD indicators show that we could be repeating the September rise (which eventually led to the start of the Channel Down). Currently the 1D MA50 is the Resistance, but on the September rise it broke and peaked a few days later. All the above suggest the DXY is still a sell but traders should reserve an additional sell for a potential peak near 92.000. Which pattern do you think will prevail? Most recent DXY signal: ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** -------------------------------------------------------------------------------------------------------- !! Donations via TradingView coins also help me a great deal at posting more free trading content and signals here !! 🎉 👍 Shout-out to TradingShot's 💰 top TradingView Coin donor 💰 this week ==> ProjectSyndicate --------------------------------------------------------------------------------------------------------
TVC:DXYShort
by TradingShot
7