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Dxylong

EURUSD is falling and can't get back up!The narrative for this evening's set up goes as follows: As of Tuesday Aug 9, 2022 8:18pm EST: EURUSD only gave us 43 PIPS of the 88 PIP ADR Range. From this simple assessment we know we have another 44 Pips to go before EUR hits that 88 Pip Extreme. The DXY has opened bullish but left a small Gap which it may retrace into soon and then head north. The fundamentals all point to the EURUSD dropping below parity levels this week. Vs the DXY which is looking very Viral and STRONG:) Like a young buck. Therefore a SHORT on EURUSD is a very high probability trade set up given all of the confluences I listed. Never over leverage. Trust your trade set up. Have Fun. I Am Pro Trading made Simple. We are #SniperGang EVERYBODY EAT$
Short
by Master-Jedi-Trader
GBP/USD trade idea! This is a possible setup for GU if the dollar continues to be bullish for this upcoming week. Last week on Friday, we had NFP push the DXY in the buyers direction with positive figures like; the unemployment rate dropping to 3.5%. Now, you will notice that price has been making LL's (Lower Low's) on the 1H time frame followed up by the engulfing bearish candlestick that NFP influenced. Price could potentially drop down to 1.19280 which would hit each of those TP zones that I'm using from previous market structure that was created by using their HL's (Higher Low's) points. OANDA:GBPUSD
Short
by GeoRiches
Bullish USD and Impact on Precious MetalsThis Idea is in reference to my previous idea regarding precious metal Gold (see related ideas). It is paramount to monitor the strength of USD in order to gain a better insight of the possibilities of next big move on metals. As far as the strength of USD is concerned, I do not see any valid reason for why it should lose any strength. Here are my reasons and observations: Technical perspectives: 1- We recently observed a proper bullish engulfing on daily timeframe on $index 2- DXY ($index) needs to fall lower than 104.4 at least, so that we can move ahead to selling it to the next support level but it did not 3- Lower trendline is still intact on DXY Macroeconomy: 1- Recent news from The Federal Reserve greatly favor the strength of USD in the international market (Hiking interest rates, NFP, FOMC etc.) Why should it bother you as a trader? I have observed that precious metals are one of the favorite instruments for retail traders. As USD gains in the international market, the metals fall! Therefore, it is paramount that you guys understand that USD has no sign of losing strength in the international market so far. Therefore, whatever bullish movements that you are witnessing on metals, and everywhere else against USD, are very likely to be corrections and a trap for the bulls. Conclusion and suggestion: Avoid short positions on USD anywhere in the market!!
CAPITALCOM:DXYLong
by Uzi-Trades-Forex
6
US DOLLAR STILL BULLISHComparing the graph of the dollar with the euro and the pound, I noticed that the recent war between Russia and Ukraine led to the depreciation of the euro against the dollar. Also, with the start of the winter season and the increase in the price of gas in Europe by Russia, there is a possibility that the euro will fall further against the dollar. However, I guess the dollar will still be the safest asset against inflation in the second half of the year. tank you for attention bro... NFA!
TVC:DXYLong
by PRO4SSOR
Nothing but PIP$ and Opportunity on EURUSD!The MZ gave us roughly 43 Pip$. EURUSD has been Maxing out the full 101 PIP ADR Range thus we expect nothing less than that from this pair today. It has already Kissed our 1st TZ in the MZ. EURUSD is poised to Hit all of our TZ's today. In confluence with the DXY still going south to finish a retracement to a Macro PP Level. After the DXY finishes that retracement I expect the DXY to go further south. Thus all Long Set ups look very High Probability today as of Tuesday August 2, 2022 at 1:45 am EST. As of 1:59am ESt price is Liquidating Longs and shorts preparing for the Real move North. At 2am look for a drop into the extremes than the Move North afterwards. The DXy has broke North! Proceed accordingly. Never Over Leverage. Trust your trade set up. Have Fun! I Am Pro Trading Made Simple. WE ARE #SniperGang
by Master-Jedi-Trader
DXY FORCASTDXY (Dollar Index) in the daily time, we see that we are in the correction stage in the upward trend that we observe, and it seems that we are at the end of this price correction. Therefore, when we enter the one-hour time frame to enter the transaction, we see that the correction has been made up to the 61.8 Fibonacci number. Therefore, it is a reconfirmation that the price will move from here for the next upward impulse. If the number 106 is broken upwards, then we can more easily enter the long position. In the first part of this transaction, it can move up to the number 106.920, and there is a possibility that it can be reached up to the number 107.750. Therefore, the intrinsic value of the dollar will grow more than the previous week. TVC:DXY
TVC:DXYLong
by Eloohim
DXY Downlink formationDXY Downlink formation Tipping point with down channel seduction ❤️ If you find this helpful and want more FREE predictions on TradingView . . . . . Please show your support . . . . . . . . Click the 👍 LIKE button . . . . . . . . . . . Leave your feedback below in the comments! ❤️ I use all my transactions in real trading in my account, my account has already reached Profitability: 1549.04%🙏!❤️ It's your turn! Be sure to leave a comment and let us know how you see this opportunity and prediction.
CAPITALCOM:DXYShort
by QuantumLabSignals