Bullish weekly forecast on DXYOn the weekly chart price is showing a bounce from bullish fair value gap and bullish order block
Also, the last candle took the low of previous candle and closed above that low.
DXY trade ideas
DXYDXY, or the U.S. Dollar Index, measures the value of the U.S. dollar against a basket of six major currencies: the euro (EUR), Japanese yen (JPY), British pound (GBP), Canadian dollar (CAD), Swedish krona (SEK), and Swiss franc (CHF). It serves as a key indicator of the dollar’s strength in global markets. The index is influenced by factors such as Federal Reserve policies, interest rates, inflation, and geopolitical events. A rising DXY indicates a stronger dollar, while a falling DXY suggests a weaker dollar, impacting commodities, forex pairs, and global trade.
Dxy On A Bull Run Expecting Eurusd To Be Bearish This WeekDxy On A Bull Run Expecting Eurusd To Be Bearish This Week
**DXY Approaching Key Resistance – Potential Sell Setup**This DXY 1-hour chart suggests a potential sell opportunity around the 108.400 resistance zone. The price is approaching the marked "Possible to sell zone," and the analysis indicates waiting for bearish confirmation before entering a short position.
Key Observations:
- **Resistance Zone:** 108.400 area acts as a key resistance, previously causing reversals.
- **Bearish Confirmation:** Suggested before entering a sell position.
- **Downside Targets:**
- **First Target:** 107.749
- **Second Target:** 107.444
- **Final Target:** 106.951
If price rejects this resistance with bearish price action, it could confirm a short setup. Conversely, a breakout above 108.400 may invalidate the bearish outlook.
$DXY MMBMIn the 4H timeframe, we can clearly see the MMBM holding. We moved from the selling side of the curve to the buying side, where we can identify liquidity purges and the continuation of the movement.
The dollar today closed the month. Good news. What the dollar caThe dollar today closed the month. Good news. What the dollar ca
Dollar Index Bullish to $111.350 (UPDATE)The Dollar has gone crazy on market open with a 100+ PIPS (0.95%) jump to the upside!
Now that Wave X is complete, we will see a bullish continuation into our Wave Y (Major Wave 5) zone towards the $111.350 zone✈️
dxy buy tradeThe Relative Strength Index (RSI) is showing an upward trend, indicating increasing momentum. Additionally, the Moving Average Convergence Divergence (MACD) is showing a bullish crossover, further supporting the potential for an upward move.
DXY(US Dollar Index)// Bearish Outlook, Reversal pattern confirm📉 DXY (US Dollar Index) Outlook 📉
DXY has broken the upward trendline with a significant gap down, forming strong bearish candles. A head and shoulders pattern at the top signals a confirmed reversal. The index is currently near the neckline and 200EMA, which serve as a demand zone and potential retracement point toward the trendline or second shoulder.
🎯Technical Targets: 105.90, 103.40
💡 Implication: The dollar is likely to decline toward its real value.
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TrendLogic1
Levels discussed during livestream 3rd Feb 20253rd Feb 2025
DXY: If price stays above 109.30, could see it trade up to 110, beyond that 111
NZDUSD: Sell 0.5530 SL 25 TP 60
AUDUSD: Sell 0.6080 SL 30 TP 80
GBPUSD: Sell 1.2230 SL 40 TP 120 (hesitation at 1.2164)
EURUSD: Sell 1.0160 SL 50 TP 150
USDJPY: Buy 156 SL 35 TP 70
EURJPY: Sell 159.40 SL 50 TP 100
GBPJPY: Sell 191.70 SL 50 TP 110
USDCHF: Wait and look for reaction at 0.92 resistance level
USDCAD: Sell 1.4655 SL 50 TP 100
XAUUSD: Look for reaction at 2790 resistance (break upwards to 2812 on recessionary/reinflation/trade war fear) or reject down on DXY strength (inverse relationship)
DXY: Blue vector / gap recoveries on high macro TF'sOnly a matter of time when real shorts come into affect and start to come back for major institutional positions since going long.
Vector and gap recoveries within time and subject to overall market performance and narratives
DXY Tests Golden Zone: Key Levels to WatchWe rejected off the golden zone. If we are going to be bullish on risk-on assets, we need to see this remain in a downtrend, as it historically has an inverse relationship with markets like crypto.
DXY - Waiting Guidance from FOMCDollar is currently sitting very close to Bearish trendline like EURUSD and it needs a catalyst to break above or reject from here. With FOMC expected to keep rates unchanged and remain Hawkish, there's a high probability that this will break up for a Bullish move. However nothing can be confirmed until news comes. Therefore please remain cautious when trading around News.
For entries, please wait for at least two candle reversals at the specified level and apply appropriate risk management.
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Disclaimer: This content is intended for educational purposes only and does not constitute financial advice.
DXY Bullish Breakout – USD Strengthening Towards 120+?📊 DXY (U.S. Dollar Index) Monthly Chart Analysis 🚀
📈 Breakout in Progress:
The chart shows a breakout from a horizontal resistance zone (previous highs). This signals bullish momentum.
📊 Trend & Structure:
Higher Lows & Higher Highs indicate an uptrend.
Price has been moving within an ascending channel for years.
📉 EMA 200 Support:
The 200-month EMA (95.63) is well below the current price, acting as a strong long-term support level.
🔮 Future Projection:
A potential pullback to confirm support, followed by a strong bullish move toward 120-125 levels.
Chart Projection Suggests: 🚀 Upside continuation if support holds.
🔥 Key Levels to Watch:
✅ Support: 104-108 (Breakout retest zone)
🎯 Target: 116-124 (Upper trendline)
💡 Conclusion: Bullish bias remains strong. If DXY holds above 108, the dollar could gain more strength in 2025. 🚀📊
DXY , is Bullish ??!!This is my analysis and NOT Signal !! but , i Like This !
DXY is bullish until Red Line ( FVG Daily )
Will the dollar rush out of the correction and go to the sky? Will the dollar rush out of the correction and go to the sky?
Currency linking video I will show this video to my friends for feedback and tips. How i am gonna te fix this problems
posibility of uptrendIt is expected that after the current corrective pattern is completed, a trend change will form and we will see the start of an upward trend. If the red support area is broken, the continuation of the downward trend will be likely
DXY Will Go Down! Short!
Take a look at our analysis for DXY.
Time Frame: 8h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is approaching a significant resistance area 107.947.
Due to the fact that we see a positive bearish reaction from the underlined area, I strongly believe that sellers will manage to push the price all the way down to 106.747 level.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
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check the trendIt is expected that a trend change will take place within the current support range and we will witness the start of an upward trend.
Otherwise, the downward trend will continue until the next support range.
DXY Will Go Up! Buy!
Here is our detailed technical review for DXY.
Time Frame: 1D
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The price is testing a key support 107.464.
Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 109.437 level.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
Like and subscribe and comment my ideas if you enjoy them!
