DXY SHORT-TERM SHORTS 📉📉📉 Expecting bearish price action on DXY after price made the breakout from the monthly range, right now we saw a draw on liquidity above 100$ level. From a mid-long term perspective DXY aka USD is very very bullish but from a sohrt term perspective we can catch a risk counter-trend trade from this area right into bearish POI's. 99.000 final targets
What do you think ? Comment below..
Dxy_short
DXY LONGS 📉📉📉📉 Expecting bullish price action on DXY as we have a lot of liquidity that has been build above the trendline. We are in a bullish market strucutre from a higher timeframe perspective H4/D1 + fundamental context is strongly bullish on DXY because we will have rate hikes this year. Price found a support area somewhere around 98.400 and from there we should go for 100$ if we have enough volatility for this week.
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DXY LONG TERM LONGS 📉📉📉📉 Expecting bullish price action on DXY based on a medium-long term analysis, we are clearly bullish from a technical standpoint if we take a look at the HTF D1/W1. From a fundamental perspective the FED ( USA CENTRAL BANK ) increased the interest rate and they announced that they will increase it more in the following year. For now the price is trapped in a RANGE area that should be taken out the next week
100 institutional figure is very very close for a next week target.
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DXY INDEX TUTORIAL 📉📉📉🎯 DXY - USD Index
USDINDEX - The U.S. Dollar Index (USDX, DXY, DX, or, informally, the "Dixie") is an index (or measure) of the value of the United States dollar relative to a basket of foreign currencies, often referred to as a basket of U.S. trade partners' currencies, this index helps us to understand if USD is bullish or bearish on a short term or long term perspective.
🎯 DXY has two correlations one of them is positive meaning the certain assets moves like DXY and negative corelation meaning certain assets move exactly vice-versa.
✅ DXY Positive Correlations
DXY ⬆️
USDCAD ⬆️
USDJPY ⬆️
USDCHF ⬆️
USDRUB⬆️
USD XXX ⬆️
✅ DXY Negative Corelations
DXY ⬆️
EURUSD ⬇️
GBPUSD ⬇️
AUDUSD ⬇️
NZDUSD ⬇️
From a technical standpoint to have a better probability in your trades try to find entries when both DXY and for example USDCAD are in long poi (point of interest) this will increase your chance of having profits as you use inter-market correlations
Clear skies ahead for the DXY.The DXY looks set to continue to trade in a ranging motion to the upside as this is a historically messy region. It is likely that the price will continue to trade in a random walk manner with no clear direction until it breaks out of the 95.8 to 97 range. My guess is that it will break to the upside for the final wave 5 impulse so look out for that. I'd cautiously long the DXY at these levels, otherwise a larger entry on a pullback or entry on a breakout would be much preferred.
DXY EXPLAINED 📉📉📉🎯 DXY - USD Index
USDINDEX - The U.S. Dollar Index (USDX, DXY, DX, or, informally, the "Dixie") is an index (or measure) of the value of the United States dollar relative to a basket of foreign currencies, often referred to as a basket of U.S. trade partners' currencies, this index helps us to understand if USD is bullish or bearish on a short term or long term perspective.
🎯 DXY has two correlations one of them is positive meaning the certain assets moves like DXY and negative corelation meaning certain assets move exactly vice-versa.
✅ DXY Positive Correlations
DXY ⬆️
USDCAD ⬆️
USDJPY ⬆️
USDCHF ⬆️
USDRUB⬆️
USD XXX ⬆️
✅ DXY Negative Corelations
DXY ⬆️
EURUSD ⬇️
GBPUSD ⬇️
AUDUSD ⬇️
NZDUSD ⬇️
From a technical standpoint to have a better probability in your trades try to find entries when both DXY and for example USDCAD are in long poi (point of interest) this will increase your chance of having profits as you use inter-market correlations
_DXY forecast in new upcoming weekhello everyone, I hope you had enjoyed the weekend
as we know last week the Us dollar lose interest in the market and broke support at 95.58. now in the 4H time frame, the market has to test that old support (new resistance)
around that level, we have an inside bar and we have to wait for it to break down and then we have a 60% chance to rich to lower support as 95.14 and next 94.79
and I will be glad to share your opinion with me.
have a nice trading week and trade consciously.
DXY SHORTS 📉📉📉📉 On a mid-term perspective i expect bearish price action on this pair till price reaces bullish orderblock on d1 around 96.000 price takes out buy side liquidity and closes bearish on friday d1 after a huge bull run meaning bulls are losing momentum and bear are getting momentum on the london open monday morning. We will see bullish price action on XXX USD pairs and bearish on USD XXX pairs
What do you think ? Comment below..
DXY SHORTS SHORT TERM 📉📉📉📉 Expecting bearish price action on DXY from a short term premise as price takes out all the buy side liquidity above 97.000 and range area, on a intra-day perspective price takes out previous daily high and asian highs that means market is due for a correction, from a long term perspective USD is very bullish for me
What do you think ? Where go next ?
DXY SHORTS 📉📉📉📉 Expecting bearish price action on DXY as price takes out weekly high and made a huge bearish momentum that means price is due for a correction, we have a lot of liquidity that has been build on friday low that has to be taken out, please be aware that tomorrow is FED meeting that could bring volatility into USD.
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DXY SetupDXY is trading in a short term tentative bearish parallel channel. Two senarios can play here
1. Bears Control - DXY take a hit from parallel channel and drop to support level.
2. Bulls Control - Price break sharply above the parallel channel and meet its recent high.
Trade your levels accordingly.
Buy rumor sell news. DXY consolidating for another push up.The DXY has been trading a in a range for the most of Q4 2021. We are expecting a fake out of the range to the downside before one last Wave 5 to the upside. This will likely come before the Fed ends their taper March 2022 and create a buy the rumour sell the news kinda event once they start their rate hike increase.