DXY Anticipating more bulleshness on dollarHey traders, here is the analysis for the DXY. If you guys like my analysis please hit like👍 and follow. Thanks. DISCLAIMER:- This is not financial advice.
Dxylong
DXY Chart Analysis....
DOLLAR INDEX MY VIEW-
N.B- In this situation DXY chart create Bullish Flag Pattern's breakout @104.360.
resistance level, then market Buy UP to 105:000; @ 105.500 and 106:000 resistance level.
Then market need seems sell correction to nearest Support 105.500 level.
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reliance on the information contained within this channel including
data, quotes, charts and buy/sell signals.
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Traders, if you like this idea or have your own opinion about it,
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DXY- BULLISH LONG TERM!Hey Everyone, DXY has rejected at our identified area when we shared an update last time, since then we have been monitoring DXY closely and it seems like price have been holding up smoothly. If it fails we will update you all!!
DXY BULLISHLooking for a Bullish Dollar. I am expecting it to go higher from the level noted today. This means I am looking for shorts on EURUSD. I am posting the EURUSD setup too on my profile. Entries will be on 8:30-9:30 NY TIME.
dxy bulls pulling up for a little bit the 1hr dxy is still bullish and creating hh and hl right at that last bullish ob if 103.800 level is one to watch and also the last higher high level watch it as well dxy still looking bullish to me
DXY Pre-market Analysis Daily TFBased on my analysis, DXY broke out of its previous descending bearish channel last week, and I'm currently anticipating a sustained bullish trend in the coming days or weeks. I have identified specific price levels as potential targets, which are shown on the chart.
However, if the market retraces back into the bearish channel, this could potentially invalidate my bullish outlook, and I would need to reassess the market's direction.
What's your oipinion on this? like and comment below
$dxy #dxy #elliottwave long trade setup.This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.
DXY - Watch 1h FVG Hey traders, here is the analysis for the DXY. If you guys like my analysis please hit like👍 and follow. Thanks. DISCLAIMER:- This is not financial advice.
End Of The Dollars Plummet?What you see here is a larger time frame analysis of the overall price action of DXY(dollar). Price has moved away from previous major resistance and is now showing bullish price action and is now showing resistance at a price area that previously caused a strong sell of (supply). Price will consolidate here before choosing a direction which I believe will be to the upside. Wait for break of yesterdays manipulated high for entry with stop below the red supply line.
GOLD SHORT TERM INTRADAY IDEAIntraday Analysis - ( 14 FEB 2023 )
Price setting up for CPI data today with many choppy price action and no smooth upside or downside moves. However on the higher timeframe we can see lower lows printed respecting the bearish structure.
Personally am looking at cpi to continue being high with a strong labour data as reflected on NFP day. Potential liquidity grabs to the upside whereby i am eyeing 1876 and 1865 regions for shorts. Would be best if there is straight melts ofcourse. However this is in the event inflation still prints high.
HRHR SELLS 1883
MRMR SELLS 1876 / 1865
SAFEST SELLS below 1850
Will be looking at 1820 if cpi data prints with dollar domination and weakness in risk assets
If CPI data prints low, showing signs of improvements, i would be looking at longs only above 1883 cancelling out the entire downside move.
Either ways stay adaptive to the markets and safest is enjoy a glass of wine with your girl and stay away from the charts.
HAPPY VALENTINES DAY
DXY - Anticipating Long from 1h FVG Hey traders, here is the analysis for the USD. If you guys like my analysis please hit like👍 and follow. Thanks. DISCLAIMER:- This is not financial advice.
DXY is set for a rise!Currency Pair : DXY
Possible direction : Bullish
Technical Analysis : After market opening DXY has broken out the resistance with strong liquidity grab from the strong support zone. it is highly likely price will continue to rise as long term trend is bullish and we have seen multiple liquidity grab along the way
Possible trade recommendation : Bullish as per chart sketch
Press like button if you enjoy.
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DXY Index Monthly Move ??Pair : DXY Index
Description :
Bullish Channel as a Corrective Pattern
Break of Structure
Breakout the Consolidation Phase and Completed the Retracement
Rejecting from the Fibonacci Level - 50.00%
Divergence
DXY LONG PLAY 13-02-23 (Daily)I have been bullish on DXY for a few weeks now, I'm targetting consequent encouragement on the large upside wick on the weekly chart. The previous target was filled perfectly.
Golden cross for DXYIs golden cross gonna take place on DXY 200 ema?
Short continuation for crypro..
Dollar Index Chart Analysis....
In this situation DXY chart create Bullish Flag Pattern.So,If breakout @103.777
resistance level, then market Buy UP to 103:999 ; @ 104.720 and 105:600 resistance level.
Then market need seems sell correction to nearest Support 104.950 level.
AronnoFX will not accept any liability for loss or damage as a result of
reliance on the information contained within this channel including
data, quotes, charts and buy/sell signals.
If you like this idea, do not forget to support with a like and follow.
Traders, if you like this idea or have your own opinion about it,
write in the comments. I will be glad.
DXY BullishDollar is looking incredibly bullish.
This rhymes with my overall short outlook. Stocks look weak, commodities look weak, oil looks weak, cryptos are on the verge of total disaster. All very interesting (assuming it continues and heads deeper) considering where we are in the world. As far as the effect on the market - be careful, because if you fomo-ed long into stocks last week, a spike in the dollar is probably going to sting.
Kinda nauseating. Anyway I think this is a good place to maybe expect DXY to spike higher. We will monitor!
God bless!
US Dollar Index - Looking To Buy Pullbacks In The Short TermD1 - Price respected a strong support zone and is bouncing higher.
Bullish divergence.
H4 - Bullish divergence.
Higher highs.
Downtrend line breakout.
Until the strong support zone holds I expect the price to move higher further after pullbacks.
Buy on DXY DipStrong bullish trnd on current Dollar index.
Buy on the dip of the rally.
And take short term profit before the swing high.
DXY update - Staying flatDXY started strong today, leaving the rest of the markets weak... Added a second scenario, as DXY moved above January open...
I'm flat now... Waiting for a clean shot when it becomes more clear what the BIAS is going to be tomorrow...
- No trade is also a winning trade -
DXY - Dollar In the middle of October I suggested to short the dollar in this post:
Unfortunatley didn't have time for an idea to post. A few days ago I closed the short positions , and now I think it's very possible the dollar will print a rally in the following days.
The FED's rate hiking cycle pushed the dollar above 114 in the summer, but in October the market started to price the end of the aggressive rate hiking cycle...
The dollar collapsed in a few weeks breaking every level almost without stops.
At 101 finally we found a support.
101 was the bottom of the 2022.05.30.correction :
and this is also the 50% FIB retracement of this 2-year-rally.
The chart is not giving too much sign of a reversal yet, only MACD is showing divergence,
and trying to cross over. Ahead of the next week FED meeting I think we a have good chance for a dollar rally.
DXY moving up to weekly resistance zoneDXY hit the monthly support and bouncing off of that. It is likely that it will reach to the weekly resistance 1 as marked on the chart and there it shall be pushed back down.
