DXY trade ideas
DXY | Harmonic Patterns | Technical Analysis. Recovery Underway?TVC:DXY
Over recent sessions, I’ve been highlighting a critical zone for the TVC:DXY between $98.70 and $98.80 , where several important technical patterns are forming that could signal the start of a rebound after the recent decline.
➡️ The dollar broke below the Head and Shoulders neckline at $100.27 , hitting the default target I projected at $98.69 , which corresponds to the 200% Fibonacci extension. This is a classic confirmation of the breakdown and subsequent drop.
➡️ However, since reaching this level, the TVC:DXY has begun to form strong bullish patterns:
Bullish Crab Pattern at the 161.8% Fibonacci extension, projected at $98.91
Bullish Alt-Bat Pattern at the 113% Fibonacci extension, at $98.80
These emerging bullish setups suggest a solid potential reversal, indicating that the TVC:DXY might be preparing to recover.
🎯 The default targets for these bullish patterns are around $99.95 , aligning with key resistance zones and Fibonacci confluence.
Summary: The TVC:DXY has completed the expected downward move from the Head and Shoulders pattern and is now showing clear technical signs of a possible reversal. The price action in the coming sessions will be critical to confirm whether the index can sustain this recovery toward higher levels.
Safe Traders,
André Cardoso
DXY 4hr char anlaysis I expect the DXY to enter a temporary bullish phase, likely as part of a corrective move. The price may rise toward the 100.781 – 101.00 zone.
From that level, I anticipate a bearish reversal, with the potential for the price to decline toward the 97.00 – 94.00 region.
This outlook is based on my own understanding and experience in the market — it's not guaranteed to be 100% accurate, but it's a well-considered forecast. I estimate there's about an 80% probability that the market will follow this scenario.
DXY: Move Down Expected! Short!
My dear friends,
Today we will analyse DXY together☺️
The recent price action suggests a shift in mid-term momentum. A break below the current local range around 98.579 will confirm the new direction downwards with the target being the next key level of 98.459 and a reconvened placement of a stop-loss beyond the range.
❤️Sending you lots of Love and Hugs❤️
My Thoughts #011What I see coming is sells
Here's why
Because the pair just gave a LH in the current bearish trend of the HTF
and the pair just choch and it's only sells after a retest
It could just continue selling
But I will wait to see the market's hand before taking my first trades
This pair could buy so use proper risk management
Let's do the most
Bullish bounce off overlap resistance?The US Dollar Index (DXY) is falling towards the pivot and could bounce to the 1st resistance.
Pivot: 97.78
1st Support: 95.22
1st Resistance: 101.81
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BEARS STILL IN CHARGE ! DXY- USD INDEX FORECAST Q2 W22 Y25DXY USD INDEX FORECAST Q2 W22 Y25
BEARS CRUSHING THE USD!
Professional Risk Managers 👋
Welcome back to another FRGNT chart update📈
Diving into some Forex setups using predominantly higher time frame order blocks alongside confirmation breaks of structure.
✅ U.S. dollar index is a measure of the value of the dollar against a basket of six foreign currencies.
✅The currencies are the Euro, Swiss franc, Japanese yen, Canadian dollar, British pound, and Swedish krona.
🔑 Remember, to participate in trading comes always with a degree of risk, therefore as professional risk managers it remains vital that we stick to our risk management plan as well as our trading strategies.
Pairs to look out for -
EURUSD - BUY
USDCHF - SELL
USDJPY - SELL
USDCAD - SELL
GBPUSD - BUY
- Perhaps it's time to accept that a recovery in the DXY is not occurring anytime soon...
📈The rest, we leave to the balance of probabilities.
💡Fail to plan. Plan to fail.
🏆It has always been that simple.
❤️Good luck with your trading journey, I shall see you at the very top.
🎯Trade consistent, FRGNT X
DXY 1W (Dollar Index Weekly Chart)All eyes on the Dollar’s weekly support zone — it’s looking vulnerable and may attempt a breakdown next week. 📉
If that breakdown confirms, the Dollar could head toward Support 1, and possibly Support 2 in the coming weeks.
And you know what that means...
Bullish for crypto. 🟢🔥
Stay alert — the coming weeks could get exciting!
dxy 1hr chart analaysis The current bullish trend in the DXY is likely to face a strong rejection around the 99.55–99.65 zone. Unless there is major news that significantly shifts the market direction — such as a surprise policy announcement like the tariffs introduced during Trump's era — the dollar index is not expected to break above that level. That zone could act as a major turning point, and a bearish reversal is likely to emerge from there
DXY's pullback is dueThe USD has been very weak, which means that a pullback is due. I won't be participating in shorting the USD this coming week despite the Fundamentals have been telling us. Seeing through the technical point of view, we 've seen that May's low had been purged last week. Price action is anticipated to make its way buyside. The full-bodied Daily bearish candle to the left at 100.500 is going to be the magnet for price to seek into mitigate next week.
Just got the May NFPs... Let's have a lookWe just received the May NFPs, which, overall, are not bad. Let's dig in.
TVC:DXY
TVC:DJI
FX_IDC:USDJPY
FX_IDC:USDCAD TVC:GOLD
Let us know what you think in the comments below.
Thank you.
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