This is insane. We're in the highest level of fear after 2008 crisis and Covid pandemic. Let's see what will happen.
DXY 1D General outlook Technical Analysis Expected Move Confirmation After the Breakout consolidation Currently running with 4H resistance level. Still didn't breakout and tried to pull back to D1 Support level 99.521. USD will be down next week.
Dollar Index aka DXY currently on wave III (blue) before a pullback toward wave IV (blue) before final leg down on wave V (blue) @ 102 +/-.
Hello traders, The TVC:DXY is pulling back to the resistance range of 104.22-104.72, and if this pullback is completed, the forecast is confirmed and the DXY will go up to the range of 105.91-105.67. If this post was useful to you, don't forget to like and comment.
DXY us currently BEARISH and we are only look for SHORTS here. How does this help us trade the market? RULE - DXY goes DOWN, xxxUSD go UP CHEATSHEET - Your xxxUSD trades will not move if DXY isn't ready for that big impulse legs I make sure when I take SUD trades that day is in full support of the direction am taking. I won't get in on any new xxUSD LONG if...
DXY / 4H Hello traders, welcome back to another market breakdown. The dollar is trading at a Major level where I expect the next leg up to start. Trade safely, Trader Leo.
Anticipating motion The role after the upward march is nearing completion
DXY / 1W Hello traders, welcome back to another market breakdown. DXY has been trading in a bullish trend all year, However, the price has been pulling back from the second leg up. The price on the weekly is approaching the major brekout point where heavy bulls might show up. Checkout the chart for a full understanding on where is the market cercle at the...
As you can see we got a rising wedge pattern which is going to be break downward soon!
so after that bearish push we have been having dxy pushing up finally in bearish orderblock area where we could see dxy make a nice size move down if its not broken keep eyes on this here this will let you know the next moves on gold and indices
There is no weakness in the movement of the dollar. The target of 120 is easy to handle, maybe it will stay there for a few months to make a monthly base, and it is likely that there is a place where the strength of the dollar will decrease.
As the dollar index rises, all parallel markets, including commodity, crypto, fiat currencies, etc., weaken, and with the decline of this index, some parallel markets revive. By analyzing the monthly time frame, we realize that this index is in the e wave of its large diametric F. It seems that there is a correction ahead for wave f of F. You may not give this...
DYX just took the high of September 2002 and it looks like an SFP. this level is lining up with the 0.78 fib level. I am not saying that it will immediately reverse now and goes down but there is the possibility and we should look at that. I don't actually short DYX right now because of the fundamentals and positive data that comes out of the American market but...
Hello, do not be tired Everything is clear on the chart One of the scenarios that is much more likely to happen than other scenarios
TVC:DXY From here we need confirmation and then we will go down to the support area. Note: This is a good temporary opportunity for BTC and Gold .
$DXY DOLLAR INDEX- Bearish Divergence The DXY is drawing a bearish divergence on the 1D. Historically, this signaled a nearing top. This is further corroborated by the fact that the divergence took form at the top of the range and after a parabolic rally. #TheCryptoCity
Post GFC, the dollar seems to rise following the peak-trough in ISM manufacturing growth.
Hey Guys, Bitcoin has taking too long moving sideways. But i think the time has come to make one of two scenarios, please let me know what you guys think? Comments are much appreciated. Thanks!