$DXY- thougtsretest or deviate back insane strength from the dollar this was my last line before we go for 109.288 which is the trend line of the multi year pennant still recon this deviates back down Silver doing a sweep hopefully of $30 would like to see this nuke and that reverse soon . by CompoundingGain112
DXY Potential Rally to 108: High-Probability Setup with FVG The DXY is currently positioned around 105, showing momentum to potentially push up to the 108 region. This area features a high-probability Fair Value Gap (FVG) on the daily and weekly timeframes, providing a strong confluence zone. Price previously failed to sustain on the monthly OB, indicating a move towards the buyside liquidity above this PD array. Should we see price react at the 108 FVG, it could present a reversal opportunity, especially given the alignment with overlapping daily and higher timeframe FVGs. However, if bullish momentum continues, this setup may also lead to further liquidity grabs. Always remember: DYOR (Do Your Own Research).Longby INSIDER_INTEL2
Bullish DXYMinor descending channel Major descending channel Ranging/consolidating market Channel within channel and a market ranging waiting to break to the upsede or downside. For my two pence I will stick to a bullish DXYLongby rejoicem76Updated 4
Bullish DXYBullish Pinbar candlestick, Daily timeframe Bullish Spinning top candlestickLongby rejoicem76Updated 113
Bullish DXYCurrently consolidating but overall bias looking to break outside the parallel channel to the topsideLongby rejoicem76Updated 111
DXY Trading JournalDXY Trading Journal Nov14 Day projections Price is delivering to a Premium on the weekly/daily. Price broke through a key buy side high. Maybe a market protraction to take out sell side liquidity seems likely. Come down to rebalance yesterdays inefficiency. Seems likely. I will be looking for shorts and I will trade what the chart gives me. Shortby LParnell4
The Impact of Emerging Markets on the Dollar amidst Looming TradThe recent shift in US political landscape has ignited a wave of uncertainty across global markets. A potential escalation of trade tensions with China and other key economies could have far-reaching consequences, particularly for the US dollar and emerging market currencies. The Dollar's Uncertain Future The US dollar, long considered a safe-haven asset, faces a crossroads. While a more protectionist stance could initially bolster the dollar's appeal, it could also trigger a chain reaction of economic consequences. Increased tariffs and trade barriers could lead to higher inflation, which could erode the dollar's purchasing power. Moreover, if the US economy weakens as a result of trade disputes, the dollar's demand as a safe-haven currency could diminish. Emerging Markets in the Crossfire Emerging market economies, which have often relied on exports to fuel their growth, are particularly vulnerable to escalating trade tensions. A trade war could disrupt global supply chains, increase the cost of imported goods, and reduce demand for emerging market exports. This could lead to currency devaluation, higher inflation, and slower economic growth. Currency Pegs Under Pressure Countries that peg their currencies to the US dollar, such as Hong Kong and some Middle Eastern nations, could face significant challenges. If the dollar weakens or strengthens significantly, it could put pressure on these currency pegs, forcing central banks to intervene to maintain the exchange rate. This could deplete foreign exchange reserves and limit monetary policy flexibility. The Renminbi's Rising Influence China's renminbi could emerge as a potential beneficiary of a weakened US dollar. As China continues to expand its economic influence and promote the internationalization of its currency, it could become a more attractive alternative to the dollar for global trade and investment. However, a trade war with the US could also negatively impact the renminbi, as it could lead to reduced demand for Chinese exports and capital flight. Navigating the Uncharted Waters To mitigate the risks associated with a potential trade war, emerging market economies may need to adopt a combination of strategies. These could include diversifying export markets, promoting domestic consumption, and strengthening financial institutions. Additionally, central banks may need to adjust monetary policy to stabilize currencies and manage inflation. In conclusion, the potential for increased trade tensions between the US and China could have significant implications for the global economy, the US dollar, and emerging market currencies. While the full impact of these developments remains uncertain, it is clear that businesses, investors, and policymakers around the world will need to closely monitor the situation and adapt their strategies accordingly. by bryandowningqln0
DXY Upsides: Bullish Rebound At Key Support ZoneHey Traders, in today's trading session we are monitoring DXY for a buying opportunity around 105.700 zone, DXY is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 105.700 support and resistance area. Trade safe, Joe.Longby JoeChampion8814
DXY reviewDXY Is in a very important zone. depending on how price continue to respect those levels we may be bearish. by thrilledChart349427
DXY Bullish BIAS- Look at that Daily BISI for my buys. -I just need a 15mins to 1hr MSS/CHOCH to form then I'm in. - Also keeping in mind on Fundamentals and which Killzone we are in. -This might Play out tmrw. Geoduck/ keep in mind of Risk management too...Longby cloudy_Blank_0
DXY - Further Upside Expected Dollar remains strong and supported by the Fib levels and Trendline. Despite promising news and expected FED rate cuts, it still remains Bullish due to Trump coming in power and end of year profit taking. For entries, please wait for at least two candle reversals on 5/15M at the specified level and apply appropriate risk management. If you found this analysis helpful, please consider boosting and following for more updates. Disclaimer: This content is for educational purposes only and should not be considered financial advice. Longby MarketsPOV2
DXY: Move Up Expected! Buy! Welcome to our daily DXY prediction! We made our analysis today using SMC and ICT trading theories, which, combined with our trading experience all point to the upside. So we are locally bullish biased and the target for the long trade is 106.178 Wish you good luck in trading to you all!Longby XauusdGoldForexSignals111
DXYDollar index EURUSD GBPUSD USDJPY USDCHF AUDUSD NZDUSD USDSEK USDNOK USDMXN USDRUB USDCNY The U.S. dollar index is a measure of the value of the U.S. dollar relative to a basket of foreign currencies. The USDX was established by the U.S. Federal Reserve in 1973 after the dissolution of the Bretton Woods Agreement.by HavalMamar1
DXY, Is correction on the way ?Hello Traders, Hope you are doing great. for upcoming days and for a short period of time, we'll probably see a downward correction to Specified level in TVC:DXY , we also have a Divergence on 4H that confirms our theory. so with a proper trigger we can open a short position. We will also probably find better buy positions in FX:GBPUSD And FX:AUDUSD than the FX:EURUSD . Trade safe and have a great weekend. And finally tell me what do you think ? UP or DOWN ? leave your comment below this post. If this post was helpful to you, please like it and share it with your friend. THANKS. Shortby aminrzbUpdated 9
DXY - Potential SHORTHello, Traders! What may happen next for Dollar Index? Resistance at 106.5 and 107.25 Like, comment and subscribe to help us grow! Shortby NexTradingForex0
DXY is facing resistance zoneAs you know, I’ve been bullish on the DXY and have anticipated a reversal since the now-confirmed bottom just above 100. With the price now above 106, however, I believe USD bulls should start exercising caution. There’s a very strong resistance zone ahead, ranging from 106.20 to 106.50, with another important level just above 107. In my view, a correction is likely soon, and I’ll be watching for buying opportunities in EUR/USD and GBP/USD.Shortby Mihai_Iacob7
NOV 2024. Dollar is bullish.Based on seasonals and analysis made using ICT Smart Money Concepts, I have arrived at a bias for the Dollar - Bullish.Longby YugoQuinTaNa1
Bullish momentum persists on DXYTechnical Perspective: DXY extended its rally within the ascending channel, following a breakout of the descending trend line. The price remains in an uptrend with higher swing points seen. A further rise toward the 106.50 resistance and ascending channel's upper bound might occur if DXY sustains its bullish momentum. Conversely, a retracement could prompt a retest of the 105.20 trendline breakout zone and support. Ichimoku Cloud is showing signs of bullish pressure as well. Fundamental Perspective: Traders are betting on a continued selloff in US Treasury bonds, anticipating that Donald Trump's policies will drive inflation and keep interest rates high, boosting the dollar's appeal. The open interest in two-year Treasury futures has surged as investors position for rising yields ahead of US key inflation data. Elsewhere, Elon Musk and Vivek Ramaswamy will lead Trump’s new initiative to cut government waste and reduce federal spending, aiming for 2 trillion USD in savings. The effort will focus on dismantling bureaucracy and reforming federal agencies. Author: Li Xing Gan, CMT, CFTe, Financial Market Strategist Consultant to ExnessLongby lixing_gan2
DXY ReviewMy bias is DXY will be bullish going into 2025... What are your thoughts Longby thrilledChart349421
#dxy #elliottwave short sell setup wave c 13Nov24This 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.Shortby alibadshah881
DXY Potential Short! Sell! Hello,Traders! DXY keeps growing in a Strong uptrend and the Index is locally overbought So after it hits a horizontal Resistance of 106.500 A local bearish correction Is to be expected Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!Shortby TopTradingSignals117
DXY on 15 min HELLO FRIENDS as i can see DXY is moving up daily from the day Trump elected it is now near a resistance zone which will give a nice retrace and then up to 107 its just a trade idea show Ur love and support we try to update Stay Tuned Longby APEX_TRADING_ACADMEYUpdated 7