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DXY March 23 week aheadDXY March 23 week ahead Price parent bias is bear Price is Discount M/W/D Previous session Premium and Premium on the daily range News Monday 9:45 When Price lowered into the Monthly SIBI from sept 2024 for the second week but and then rallied for higher prices, I suspect that Price is gravitating to the buy stop target noted and the daily SIBI. Wait and see what Sunday does. However if we see lower prices beginning of the week we could see Price rally to the buy side target and rebalance March 6 daily SIBI be the target for higher prices.
TVC:DXY
by LeanLena
DXY March 23 Weekly Analysis DXY March 23 Weekly Analysis In hindsight it gets easier to see. Reading from the 4 hour chart I can see from March 5 price sold off to then consolidate on the 50, sells off early the next week making the low on Tuesday then rallies to engineer equal highs and closes at the 50. This past week Price come just below the 50 off consolidation again sells off early in the week making the low on Tuesday and hit deep discount and rallies closing this week in a Premium. *Note the magnet that the event horizon played this past week-learning it value. *Note price came down to below .70 on the parent range and wicked into the Monthly BISI from oct 2024 *Note that Price came to the .70 of the daily range and came through to the .618 creating equal lows. Daily chart *Note price 3 week narrowed range I pointed out earlier this week *Note Price was in a discount until Thursday coming through to a premium on the hourly chart Beginning the week consolidating on the 50, taking sell stops and creating equal lows to close. Price lowers to take sell stops and creates equal lows on Tuesday in a deep discount. Wednesday Price launches to the 50 level taking Friday/Mondays equal highs. Sells off back into a discount. Thursday rallies to just take equal highs created from March 10. Retracement to the 50 level and upper quadrant of the FVG Thursday created. Friday rallies to barely take the buy side, then wicks down to the same FVG quadrant level creating equal lows and rallies higher again taking Thursdays buy stops and creates equal highs.
TVC:DXY
by LeanLena
DXYFundamental Drivers Affecting DXY Next Week Department Responsible: US PMIs: S&P Global. Fed Policy: Federal Open Market Committee (FOMC). Trade Policy: US Treasury Dept Key Events and Data Releases S&P Global Flash PMIs (March 24) Manufacturing PMI Forecast: 51.9 (Previous: 52.7). Services PMI Forecast: 51.2 (Previous: 51.0). Impact: Above Forecast: Supports USD (DXY↑) on resilient economic activity. Below Forecast: Weakens USD (DXY↓) as Fed rate-cut bets rise. Trump’s Tariff Implementation (April 2) Scope: Potential 25% tariffs on EU/China imports. Impact: Risk-Off Sentiment: Safe-haven demand for USD (DXY↑). Trade War Fears: Could hurt US growth prospects, pressuring USD (DXY↓). Fed Speeches FOMC Member Bostic (March 24): Hawkish rhetoric (delayed cuts) supports DXY↑; dovish hints weigh on DXY↓. DXY Technical Outlook Scenario Bias Key Levels Catalyst Bullish=Strong PMIs + Hawkish Fed + Tariff Escalation Bearish= Weak PMIs + Dovish Fed + Tariff De-escalation Neutral= Mixed Data + Geopolitical Calm Fed’s Data Dependency: The Fed remains "meeting-by-meeting," making incoming growth, inflation, and jobs data critical for USD volatility. Bearish Momentum: DXY holds below key technical indicators , signaling a bearish bias. A break below 103.30 could accelerate declines toward 102.84 Trump Policies: Tariffs and immigration policies amplify USD volatility, with risks skewed toward stagflation (weak growth + high inflation). Conclusion Bearish Bias Dominates despite 3days buying momentum Weak PMIs and dovish Fed rhetoric could push DXY toward 102.90. or 100 Tariff escalation risks and resilient US data are the only bullish catalysts. Volatility Triggers: April 2 Tariff Deadline: Monitor for trade war escalation. Fed Speeches: Bostic’s tone will set short-term USD direction. the fed member speech will be priced in terms of stance for clear directional bias .
TVC:DXY
by Shavyfxhub
Dollar Index - Will Rate Hikes Cause Risk Off Conditions?It’s been a risk off environment over the last few weeks and because of this, we have seen the appreciation of GBPUSD and EURUSD which was called weeks in advance. With a massive imbalance above and daily sellside liquidity taken, the question is will Dollar Index fill the daily SIBI before the rate announcements happen? If this happens, it will be a classic ‘buy the rumour, sell the news’ scenario. Next week will be very volition due to the news events being released and this could be the catalyst for price to expand into the local SIBI outlined on the daily timeframe.
TVC:DXYLong
by LegendSince
DXY, bullish or bearish?Welcome back! Today i'm posting a small idea on the DXY. Usually i cover crypto but the macro is important. A weak dollar correlates with more risk being taken and a strong dollar with less risk being taken. Hence my analysis of the DXY. In the above chart a couple of things can be seen which makes the outlook hard to predict. On one side there is a bullflag on the monthly timeframe with a target of 130! On the other side, looking under we can see a bearish MACD cross and a bearish stoch RSI. On average it takes half a year to a year for a cross like this to recover. This causes me to be bearish on the dollar and bullish on risk-on assets. Thanks for reading
TVC:DXY
by Rustlingjimmies
Further Underperformance for the US Dollar Index? Down nearly 4.0% this month, the US Dollar Index demonstrates scope to navigate deeper waters on the monthly chart towards the 50-month simple moving average (SMA) at 101.72. A similar vibe is evident on the daily chart. Following a test of support-turned-resistance at 103.94, a possible bearish scenario could unfold if price breaches the lower edge of the current descending triangle pattern (103.22/104.09). If a breakout lower materialises, follow-through downside could see support at 101.92 make an entrance (set just north of the 50-month SMA).
TVC:DXYShort
by FPMarkets
DXY March 18 Analysis DXY March 18 Analysis Price parent bias is bear Price is Discount M/W/D Previous session discount and discount on the daily range March 17 delivery Price delivering in a discount, taking minor buy stops hitting the .618 before turning around passing through the 50 to seek lower prices taking sell stops/FVG. March 18 delivery I suspect that Price will seek the 50 level 103.556 and watch for reaction if price will head to rebalance the noted FVG. Note Price broke structure and bounced off the .70 My Model Factors Price will have to do the following for me to trade *session liquidity taken *macro time only *first presented FVG *4 candle pattern *hour analysis down to 1 min every 15 minutes *every hour mark out what price has done Stay open to build narrative once Asia opens. Stay open to reading price deliver
TVC:DXY
by LeanLena
The US Dollar... March has been a fantastic trading month for me so far. I'm out of drawdown and showing a half-decent profit. This week, there is a lot happening, including interest rate decisions from the Bank of Japan, Fed, Swiss National Bank, and Bank of England. At the moment, I'm thinking about the dollar with two minds. Based on current positive economic data and the potential of higher US inflation, I'm bullish. On the other hand, I see the potential downside of the dollar based on US uncertainty, possible US recession, and the US losing its spot as a safe-haven and stable investment environment... 🤷‍♂️ What do you think?
PEPPERSTONE:USDX
by Samuel_Morton_Trader