DXYMonthly structure indicating bullish momentum till M patten neckline retest to conclude strong bullish momentum and also H4 concluding the same movement so bullish momentum expected.
DX.F trade ideas
We have a very strong dollar in the moment 4hrFrom my previous analysis we where at the breakout point from the downtrend. We knew that we might be looking at a positive dollar and that Is what we got at the moment. But the next coming elections will be crucial to the performance of the us dollar.
As the investors ruled out a hefty interest rate cut from the reserve bank, a potential rise in the dollar from a victory by the former President Donald Trump.
Trump plans to implement tax cuts, looser financial regulations, and higher tariffs is viewed as positive for the dollar. Higher tariffs, for instance, would have a negative implications for growth in Asian and European exporters that could force their central banks lower their interest rates, undermining their currencies, while lifting the dollar.
DXY Core Breakdown Post Retail Sales (Trading Plans Included)Retail Sales (US) came in hot and fed strength into the USD and DXY as a result.
This takes us nearer to the upside of a sideways formed trajectory.
Here's what to look for.
DXY Hit the 200D MADXY just bounced sharply from 100 back to the 200D MA at 103.7. I suspect a pullback and bounce back down now. especially because of interest rate cuts and expectations
[DXY] Due for pullbackThis is TVC:DXY 4 hr chart. The price has been on rocket boost for 17 days now without any pullback....which is too hot, IMO.
With price and MACD now making some divergent & the need to cool off some of the heat, we could see some pullback.
Cherio...
DXY-SELL strategy 6-hourlyI feel in coming sessions, the DXY will recover downwards. the stochastic and SMI, plus RSI are showing we overbought, and requires corrections short-term.
Strategy SELL current @ 103.50-103.65 and take profit above 102.83. SL based on your personal risk parameters.
Always learning new things as I check for my mistakes!Had a stoploss a very nice one, don't worry I followed my plan and just lost 1% of my account no big deal.
These past weeks, I have notice that every time that DXY is not aligned with EUR/USD price always goes contrary to manipulation. For example, in EU we can see that price manipulated a high, but DXY didn't meaning DXY is supported by an order block. Same happens when DXY manipulates a high or low and EU doesn't manipulate any high or low this means EU is supported by an order block.
In Conclusion this is called divergence and every time we see divergence we go contrary to manipulation.
Note: Here you are seeing the DXY chart inverted, this way you'll be able to find divergences easily.
DXYWe can see that the DXY broke the left leg nicely and am expecting the pullback to the neackline of the W pattern formation. before a nice continuation to the bearish side. some little push to the neckline.
Is DXY ready to descend below 100?What I can see in chart; in Weekly timeframe DXY is in range however in Daily timeframe we are bearish. I expect to have range for days in this level and have manipulation to reverse and continue to descend to hit lower levels.
DXY: Market Is Looking Up! Buy!
Welcome to our daily DXY prediction!
We made our analysis today using SMC and ICT trading theories, which, combined with our trading experience all point to the upside. So we are locally bullish biased and the target for the long trade is 103.601
Wish you good luck in trading to you all!
Is on a weekly Ichimoku SSB, might go downThe indice is now on a weekly senkou span b line so I think it could go down.
DXY - Can Get To $108DXY
This is now a very strong bounce and a bullish morning star candle pattern is printing on the month chart still with half the month to go.
I think this may be first major bounce from the market topping slump back in 2022...
From the crash low I see it as an AR "Automatic Rally" (short covering) into a 3 wave correction...
And now the real bounce which may end up being a higher time frame 3 wave correction that Elliott Wavers might call a WXY.
This is starting to look like it will be the obligatory minimum 0.618 @ $108.7 retracement as per crash structure ratios and it can of course explore into the Golden Window up to 0.786 @ $111.3 overshoot ratio and even a little beyond.
This is great for currency trades long dollar and as you know I posted a short GBPUSD trade (see linked idea) a while ago.
That trade should have some legs if dollar gets to the Golden Window, which I think it will if the month closes here or above.
Pull backs along the way of course.
Not advice
DXY USDOLLAR Supply Demand Analysis-Price inside daily/weekly supply + trend = sideways.
-Buyers still in control wait for selling confirmation
of price breaking upward trend lines + removing opposing pivot demand
zones.
-We could see price break to the upside and then reverse
(liquidity search/stop run).
Check the trend According to the behavior of the price in the current resistance range, possible scenarios have been identified. It is expected that a change in the trend will take place and we will see the beginning of the correction process
Why So Quite? Hey everyone,
I hope and trust you're all doing well and enjoying these markets. I know I've been silent over the last few weeks and there is a very good reason for that.
I am currently writing my annual assessments and it is quite extensive and the preparation is quite time consuming. For this reason I thought it best to take a short break from writing and recording content just until I finished up.
To be honest I really miss interacting with you all and I look forward to getting back to these markets.
Be safe, trade well and make money
Regards
Dean
Why So Quite? Hey everyone,
I hope and trust you're all doing well and enjoying these markets. I know I've been silent over the last few weeks and there is a very good reason for that.
I am currently writing my annual assessments and it is quite extensive and the preparation is quite time consuming. For this reason I thought it best to take a short break from writing and recording content just until I finished up.
To be honest I really miss interacting with you all and I look forward to getting back to these markets.
Be safe, trade well and make money
Regards
Dean
DXY: 15M ChartI’m anticipating a gap up into intraday resistance, followed by a relatively quick retracement to fill the gap. Once the gap is filled, I'm looking for bullish continuation as buyers regain control. This setup presents a solid opportunity to enter long positions during the pullback, with a focus on capturing the potential upward momentum after the initial retrace.
DXY Decision Time & Prediction of the marketsDXY is currently hit to weekly equilibrium.
I believe we are about to see little retracement upcoming days.
It would be good for stocks-risk assests.
We may see strong rejection and starts another bearish daily trend. (red scenario)
Or we may see contination of uptrend
(blue scenario).
This will be depend on mostly geopolitical risks
and US elections on november.
I am positioning myself for bearish DXY scenario.
DXYDXY Huge Short! SELL!
🔥My dear friends,
DXY looks set to make a good move and here are the details:
The market is trading at the pivot level of 103,290.
Bias - Bearish
———————————
👉#DXY
💹Time frame: 1H (signal)
DXY SELL ANALYSIS RISING WEDGE PATTERNHere on Dxy price has form a rising wedge pattern and now broken line 103.111 so there is a chance of falling so trader should go for SHORT with expected profit target of 102.740 and 102.291 . Use money management
DXY Possible Bullish Flag Resolution (Long)Hi Traders,
Spotted a bullish flag here on DXY 4H. Let's see if this shoots up. On a Weekly the index has broken out of a bullish wedge having a great momentum so far. There's still some room to go higher.
Good luck.
Tony
DXY Is Going Down! Short!
Here is our detailed technical review for DXY.
Time Frame: 10h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The price is testing a key resistance 103.181.
Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 102.300 level.
P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.
Like and subscribe and comment my ideas if you enjoy them!
DXY: Local Correction Ahead! Sell!
Welcome to our daily DXY prediction!
We made our analysis today using SMC and ICT trading theories, which, combined with our trading experience all point to the downside. So we are locally bearish biased and the target for the short trade is 103.008
Wish you good luck in trading to you all!
