DXY LONGS 100 📉📉📉Dxy touched 100$ as i told in the previous posts, we broke the monthly range area and i think new highs are expected on DXY. Strong USD after the FOMC meeting.
What do you think ? Comment below..
Dxyviews
DXY Prediction D1Here is my view for DXY on D1. The price should go up, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
DXY Bullish H1Here is my view for DXY on H1. The price should go up, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
DXY top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
DXY Prediction H1Here is my view for DXY on H1. The price should go up, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
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.
What do you think ? Comment below..
DXY Prediction H1Here is my view for DXY on H1. The price should go down, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
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.
What do you think ? Comment below..
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
DXY Prediction H1Here is my view for DXY on H1. The price should go up, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
DXY Prediction H4Here is my view for DXY on H4. The price should go up, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
DXY Prediction H4Here is my view for DXY on H4. The price should go up, you can put a pending order on the Order block or find an entry on LTF within OB Zone, but be careful as DXY also might still be affected by the Ukraine war. Trade Safe!
DXY- On its way to 102? (weekly outlook)Since 2008 low from 72, DXY has traded upwards, and after 2015 break of 90 resistance, this zone has become a strong support, with the price reversing from here in 2018 and twice in 2021.
Recently the price also has broken above 95 interim resistance and seems determined to challenge 102 resistance.
Looking at the "power" of USD this 4% rise is very probable to happen by summer and swing traders can look to sell USD pairs like EurUsd, GbpUsd, NzdUsd, and AudUsd.
P.S: This is a clear example of Gold positively correlated with USD. So, don't trade the correlation (or what you think it is), trade the asset!
DXY chartif the US10Y comes down as much as i've marked in the previous chart, the DXY could possibly come down more and take out the equal lows?
remember USD pairs (E.G. EURUSD, GPYUSD) do the opposite to the DXY
These are longer term views on the DXY chart
DXY (US DOLLAR INDEX) AT THE SUPPORT.Welcome members to this important update on DXY in 2 hours timeframe.
I am posting this chart on DXY because one of my members mentioned DXY in the comments section and I thought of sharing it with all of you. So, if you guys have queries about any particular coins to tokens then do let me know. I will be more than happy to help.
Well, coming back to the chart. The DXY looks pretty interesting here and I guess you all should know about this. BTC and DXY are correlated with each other. Since the beginning of Bitcoin's trading, one can notice a negative correlation between the BTC price with the DXY. If the DXY price falls, BTC rises – and vice versa. It is similar to USDT dominance when we compare it with BTC but the chart of USDT dominance and DXY is completely different.
Ok, so, here's the current status of DXY. DXY has been forming a bearish rising wedge pattern (correct me if I am wrong) and the current price is at the bottom trendline which means either it will bounce from here or break down. We may possibly see one more bounce towards the upper trendline but can't expect much volume and eventually a rejection towards the lower trendline. The RSI is falling weak which is another sign indicating DXY to be bearish. So, the confirmation point will be the lower trendline and that will be the key area to look into.
What do you think about the US Dollar Index?
Share your views in the comments.
Like and follow for more interesting updates.
Thank you and trade safely.
DXY Chart H1Here is my view for DXY on H1. The price should go up, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
DXY Chart H1Here is my view for DXY on H1. The price should go up, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
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 Chart H1Here is my view for DXY on H1. The price should go up, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
DXY LONGS 📉📉📉📉 Expecting bullish price action on DXY as price is being in a bullish market strucuture on a HTF premise, if price rejects 95.000 instituional figure area + bullish orderblock on d1 we will see DXY bullish way above 97.000 / 97.500 this month.
What do you think? Comment below..
DXY Chart H1Here is my view for DXY on H1. The price should go up, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
DXY Chart W1Here is weekly Analysis for DXY on W1. The price should go up, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
DXY- Is this a double top?After reversing from the very strong confluence support at 94.50, DXY made a new high above 97.
However, what should have led to continuation proved to be a false break and we have an Evening Start candle formation which marks strong resistance.
Yesterday the index also has broken down under the ascending trend liner and now is facing support on what can very well be the neck-line of a double top.
A break under this support would give us confirmation for the pattern and could lead to further losses towards 92 support.
