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DXY Trading Journal DXY Trading Journal Jan 19 Price is delivering to a discount on the Previous weeks range in a consolidation pattern since Wednesday. Cool to see Price react at the event horizon level-marked in RED DOTTED LINE, as well as the NWOG reactions. By Friday Price broke the equal highs and poked above the 50%. For the week I suspect Price will seek higher prices. Target is the clean equal highs and the 15M FVG to rebalance for the week ahead delivery. Jan 20 ideas My analysis leads me to expect that Price is delivering to Premium from Fridays range and Price should seek lower prices in Asia and in London to take the equal lows/15M FVG before seeking higher Prices. Trump is going into office tomorrow be nimble because Price is on the 50% and Price could bull rally tomorrow to.
TVC:DXY
by LeanLena
DXY Trading JournalDXY Trading Journal Jan19 Weekly Analysis Price is delivering to a premium on the M, W and daily. Price is rebalancing a Monthly SIBI and wicked up to the .70 HTF level. Price did seek lower prices last week rebalancing a daily FVG from Jan 8. and inefficient delivered price-volume imbalance from Jan 9. Friday Price bounced off the .618 and taking buy side liquidity, while creating clean equal lows. Trump takes to office Monday. WEF orange folder all week. Friday heavy news day.
TVC:DXY
by LeanLena
DXY - ANALYSIS👀 Observation: Hello, everyone! I hope you're all doing well. Today, I want to share my personal view on the Dollar Index (DXY) with you. Based on what I see on the chart, I expect the Dollar Index (DXY) to reach the resistance zone of 110.668 to 110.877 . After a small pullback, I anticipate it will start its bullish movement upwards. If the 107.750 level breaks downward and consolidates on the 1H timeframe, a further decline could follow. 📈 Expectation: After a minor pullback, the DXY is likely to initiate a bullish movement and continue its upward trend. 💡 Key Levels to Watch: Resistance Zone: 110.668 - 110.877 💬 What’s your view on the Dollar Index this week? Share your thoughts in the comments below! Trade safe
TVC:DXYLong
by PouyanTradeFX
DXYThe U.S. Dollar Index (DXY) measures the value of the U.S. dollar against a basket of six major currencies, including the euro, yen, and pound. It serves as a key indicator of the dollar’s strength in global markets. Short-term movements in the DXY are influenced by factors such as Federal Reserve policy, interest rates, inflation data, and global economic conditions. Higher interest rates in the U.S. generally strengthen the dollar, while lower rates can weaken it. Traders use the DXY to gauge market trends, hedge currency risks, and make investment decisions. Shorting the DXY means betting on a weaker U.S. dollar, often through forex trading or inverse ETFs.
TVC:DXYShort
by HavalMamar
1
DXY - OVERBOUGHT = Risk On in Near Term = GainsThe DXY RSI levels are approaching overbought territory. Don't need to over think this one. I'm looking for a mean reversion. On average, it appears a DXY pull back is +/-12%. $102-$98 is the level I'm watching for the short/medium term for the DXY. I imagine it strengthens again in the future, but it's offside at the current moment. Stonks, BTC, & Crypto are looking prime for a risk on environment & substantial gains - for at least the short to medium term - if the DXY sells off. Either way, it's looking like the DXY will need to mean revert in the near term. BULLISH.
TVC:DXYLong
by BitInfo12
DXY SINGLING DANGER!Any Time The Dollar Gets In This Range Bad Things Happen! With the exception of the 2008 GFC which confirmed we have entered Debt Deflation (Meaning the Gov will need to borrow more and more, faster and faster without any benefit to the real economy). A strong dollar is signaling something very bad is coming. Gun to head I would guess something like an Asian Currency Crisis. Russian ruble & economic collapse is now a certainty! Russia has lost the war no matter what they are trying to do on the battlefield it is irrelevant as the economy is now suffering from Dutch Disease. (So Much for the BRICS fantasy!) Most Americans believe a strong dollar is good. They are wrong. Here are a few things to know about a strong US Dollar. 1. A strong dollar weakens exports, costing American jobs as everything America made becomes more expensive to the rest of the world. 2. US Imports increase as everything internationally made becomes cheaper. 3. Acquiring USD as foreign reserves becomes much more difficult and expensive. As exporters to the US have to produce more for less $s. 4. US investment in international currency collapses, forcing inflation, rates higher making borrowing/investment in foreign economies weaker. Leading to a snowball effect. 5. Commodities are traded in USD. As such energy/food to many poor nations will become a problem as they are net importers with already limited access to NYSE:S it will be magnified. 6. Finally (I could go on but I won't you get the point) when everyone leans on one side of the boat it capsizes. Meaning when everyone is running to invest in the US & the dollar. Techanically how high can the USD go? -120 is likely. (hopefully not much more) -Longer term if things get bad enough it can break all-time highs of 165 as we have this massive bottoming inverse HEAD & SHOULDERS in place. CARNAGE! - What I hope will happen is that it hits previous recent highs of 115 and that will be it for the upside. HOWEVER! We do have a rising structure that needs to be corrected. As such when it does correct there is a good possibility it tests previous lows. For now, if you live in the US. enjoy dollar strength and think about how much worse inflation would have been if the $ was weakening. ))
TVC:DXYLong
by RealMacro
2
DXY Tests Resistance at $109.53: Signs of Downward PressureTVC:DXY DXY Tests Fractal Resistance at $109.53 Signs of Downward Pressure and Potential Pullback The DXY has recently tested a crucial resistance at $109.53 but is now showing signs of downward pressure. In this post, we’ll break down the key technical factors indicating the possibility of a corrective move and what traders should watch for in the coming days. Several technical factors now point toward the possibility of a pullback or bearish movement in the DXY: 1. Bearish Divergence Signals Bearish divergence occurs when the price hits new highs while momentum indicators start to weaken. In the case of the DXY, we are seeing this type of divergence, suggesting that buying pressure is diminishing. This could be a signal that the uptrend is losing momentum. 2. 61.8% Fibonacci Retracement Level at $108.98 The 61.8% Fibonacci retracement level is widely considered one of the most important levels in technical analysis, and currently, it is acting as a key resistance zone at $108.98. This level plays a critical role in determining whether the DXY will maintain its upward momentum or begin a correction. As it stands, a failure to break above this level could signal the start of a deeper pullback. 3. Completion of the Bearish Crab Pattern at $109.85 The DXY has recently completed a bearish crab pattern at $109.85, corresponding to the 161.8% Fibonacci extension. This pattern typically signals that the market has exhausted its upward movement, and a pullback/reversal could be imminent. 4. Completion of the Elliott Wave Structure: Wave 5 Equals Wave 1 Elliott Wave analysis also suggests a potential end to the uptrend. The DXY has recently completed a five-wave structure to the upside, where Wave 5 equals Wave 1, indicating that the rally may have run its course. This increases the likelihood of a corrective phase. What to Watch For: Potential Pullbacks Given the current technical setup, traders should closely monitor the following key levels for signs of a pullback: $109.53: The fractal resistance level recently tested. $108.98: The major 61.8% Fibonacci retracement level, as a potential element of resistance. $109.85: The completion point of the bearish crab pattern, a crucial level for confirming a reversal. If the DXY begins to break below these levels, we could see further downside movement, with the potential for a deeper correction. Happy Trading, André Cardoso
TVC:DXYShort
by Andre_Cardoso
Trump’s Inauguration: What Lies Ahead?Capping a decisively sweeping victory on 5 November 2024 in what many called a ‘historic comeback’, Republican Donald Trump will be inaugurated as the 47th president of the United States (US) on Monday at 5:00 pm GMT (midday EST). This marks his second run for the highest office. The ceremony is set to take place at the Capitol building. Supreme Court Chief Justice John Roberts is expected to oversee Trump's oath of office, followed by an inaugural address that the incoming President himself has said will be a message about ‘unity’ – very different from his 2017 speech that portrayed the country as ‘American carnage’. Outgoing president Democrat Joe Biden has said he will attend the ceremony, a courtesy not extended by Trump for the former’s inauguration four years ago. Additionally, and in a break from tradition, world leaders have been invited to the ceremony for the first time, including China's President Xi Jinping. Although he will not be attending, Vice President Han Zheng will do so in his place. In addition to world leaders, several influential figures are expected to attend. Elon Musk confirmed his attendance – who, alongside Vivek Ramaswamy, was recently nominated to head up the Department of Government Efficiency (DOGE). We can also expect Jeff Bezos, Mark Zuckerberg, and Sam Altman, CEO of OpenAI, to be present. What Can We Expect from Trump? Trump has assured the world of a hard-hitting approach towards illegal immigration, which is anticipated to include plans for the mass deportation of undocumented migrants. He stated he ‘will launch the largest deportation program in American history to get the criminals out’. Trade tariffs are another key policy that the global economy can expect, as he is anticipated to increase the protectionist policies his administration introduced in the first term. About a year ago, Trump noted that ‘except for day 1’, he would not be a ‘Dictator’; this, as you would expect, sparked outrage from critics. However, if we know anything about Trump, he has a long – some would say ‘colourful’ – history of making incendiary statements that trigger both support and anger as well as generate a torrent of headlines. Undoubtedly, the first 24 to 48 hours of the Trump administration will be eventful and likely elevate volatility across key asset classes, such as Currencies, Bonds, Stocks, and Commodities. The new government is expected to sign over 100 executive orders on day one. Although not usually as many orders, this is a regular practice for incoming Presidents as part of the transition process. I expect Trump to make a statement on his first day in office that may make ‘a few heads spin’. We will likely observe executive orders directed at a crackdown on the US-Mexico border, along with orders focussing on issues such as energy, trade, and actions affecting Federal workers. Additionally, he is expected to roll back any executive orders initiated by the Biden administration that have not yet been finalised. Markets Ahead of Trump’s Inauguration I do not expect to see much price action ahead of Trump’s big day; however, technically speaking, US dollar (USD) bulls remain in control. According to the US Dollar Index, the USD is on track to finish the week moderately lower, snapping a six-week winning streak. The Team and I have been banging the drum about monthly resistance on the US Dollar Index at 109.33 for a while now. This level entered the fray following a three-month rally just north of the 50-month simple moving average (SMA), currently trading at 101.12. With the Relative Strength Index progressing above the 50.00 centreline (positive momentum), this could eventually nudge the USD beyond current resistance towards the 2022 high of 114.78. As seen from the daily chart of the US Dollar Index, the 200- and 50-day SMAs (at 104.68 and 107.32, respectively) are pointing to the upside; you will also note that price action is comfortable north of both dynamic values and that a Golden Cross (50-day SMA crossing above the 200-day SMA) developed in late 2024 – all of which are considered bullish indications. Current price action is shaking hands with resistance at 109.29 (Quasimodo resistance), and sellers have displayed limited enthusiasm as of writing. Absorbing willing offers here pave the way towards another layer of neighbouring resistance at 110.78 (another Quasimodo resistance), followed by the 2022 pinnacle at 114.78, as mentioned above.
TVC:DXYLong
by FPMarkets
Daily CLS, Key Level Daily OB , Model 1Daily CLS, Key Level Daily OB , Model 1 you are welcome to comment with your thoughts and share your charts or questions below, I like any constructive discussion. What is CLS? This company is trading for the biggest investment banks and central banks. They trade over 6.5 trillion daily volume. They are smart money of the all markets. CLS operates in the specific times which will give you huge advantage and precisions to you entries. Focus on that. Its accuracy is amazing. Good luck and I hope this educational post helps to become better trader “Adapt what is useful, reject what is useless, and add what is specifically your own.” Dave FX Hunter ⚔
TVC:DXYLong
by David_Perk
7
DXY overbought its time to drop Sell Signal Issued for DXY A sell signal has been triggered for the US Dollar Index (DXY), indicating a potential downturn in the Greenback's value. Key Factors: 1. Reversal of Monetary Policy Dynamics: The favorable monetary policy dynamics that previously supported the Dollar's strength may be losing momentum. 2. Weakening US Economic Trends: The reasonably steady US economic trends that supported the Dollar are showing signs of weakness. 3. Decreasing Safe-Haven Flows: The softer growth outlook that drove safe-haven flows towards the Dollar may be losing its impact. 4. Technical Breakdown: The DXY has broken below a key support level, indicating a potential technical breakdown. Trading Implications: 1. Sell Opportunity: Consider opening a short position, targeting the next support level. 2. Stop-Loss: Place a stop-loss order above the recent high to limit potential losses if the trend reverses. Please support me with a like and comment your opinion in comment section 🙂 Hope my idea will be profitable for you 😄 Best wishes Tom 😎
TVC:DXYShort
by LegendaryTom
2