Dxytradingsetup
DXY Next Possible MovePair : DXY Index
Description :
Bearish Channel as an Corrective Pattern in Short Time Frame
Divergence
Break of Structure
Completed " 12345 " Impulsive Wave and " AB " Corrective Wave
Impulse Correction
Rising Wedge as an Corrective Pattern and Breakout the Lower Trend Line and Completed the Retracement
dxy nfp setupseems like this news is setting dxy for a nice pull back after that last explosive move if 104.200 holds we can see another leg up for a move up since dxy made a higher high im still bullish biased over all this pull back most def was needed
now if the next push up doesnt break that last dxy high we could see seelers start to step in
DXY top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
dxy !!dxy is here at a key level once again a break here we could see another push down to that 104.4 level first then 104.200 area and if it fails to break back up we could see continued downside
on the flip side if it holds here we could see the dollar get strong
but at the moment its still a bit bearish so there will be some nice usd trade setups
DXY New Week SetupPair : DXY Index
Description :
Impulse Correction
Bearish Channel in Long Term as an Corrective Pattern
Break of Structure and Retracement at Daily Demand Zone
Fibonacci Level
Divergence
Bullish Channel as an Corrective Pattern in Short Time Frame
Completed " A - WXYXZ " Corrective Wave
DXY ( High Probability SELL Setup SOON )* Here we can see clearly the next moves for USD index ( DXY ),
* We can see clearly the Bearish Divergence on the RSI indicator,
* This shows us more confirmation for our U.S. indices Strop Bullish Move,
* We're using H2 time frame for a clearer view of our analysis, hence we can't predict the duration of our analysis to occur,
* Keep a close eye on U.S. indices coming days & weeks,
* Happy pip hunting traders,
* FX KILLA.
DXY Chart Analysis....
DOLLAR INDEX MY VIEW-
N.B- In this situation DXY chart create Bullish Flag Pattern's breakout @104.360.
resistance level, then market Buy UP to 105:000; @ 105.500 and 106:000 resistance level.
Then market need seems sell correction to nearest Support 105.500 level.
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DXYWe see the breaking of the trend line with a higher slope, due to the breaking of the 102.2491 range
It can be expected to be touched around the second trend line with a lower slope.
1-102.7198
2-102.2491
3-101.3775
Objectives based on pivot points:
1-104.7767
2-105.3868
3-106.1712
It is not necessary to touch all the targets.
If you have the confirmation for the negative divergence and the above candle, you can get the confirmation of entering the upward trend from the bottom time.
Watching the DXY for Bitcoin Direction...The DXY is at a pivotal point here, and potentially breaking higher into a new upward trend channel.
This would be bad for Bitcoin and crypto overall as the DXY has a strong inverse relationship.
If the DXY stays in this area and drifts lower we could see a short-term crypto rally including Bitcoin and Ethereum.
If it breaks up above the 103.5 to 104 level, then we're into a crypto pullback zone.
If we continue dropping back into the downward trending channel then we're in the crypto rally a zone, and possibly even down below 100 into the crypto super pump rally zone.
Hard to say here...
DXY INDEX Next Move Before CPI Pair : DXY Index
Description :
Bearish Channel as a Corrective Pattern and Rejecting from the Upper Trend Line #UTL
Double Top Pattern in Short Term
RSI Divergence
EMAs Crossing Each other and Indicating us the Sell in Short Time Frame
Break of Structure and Making its Retracement
Completed " 13245 " Impulsive Wave and Making " a " Corrective Wave
DXY is set for a rise!Currency Pair : DXY
Possible direction : Bullish
Technical Analysis : After market opening DXY has broken out the resistance with strong liquidity grab from the strong support zone. it is highly likely price will continue to rise as long term trend is bullish and we have seen multiple liquidity grab along the way
Possible trade recommendation : Bullish as per chart sketch
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