DXY📝 Important ranges for this week have been drawn, you can trade them according to your personal strategy. ⏱ TIME:30M 📍If you like this kind of content, please leave a comment❤️Shortby lilebi2
DXY Trading Journal DXY Trading Journal Nov 24 Price continued it's bullish run to key buy side stop from Nov 2022 wicking through a weekly SIBI to rebalance. Price broke 50% level on the weekly changing market structure to a Premium. Parent bias is bullish. Long term idea I suspect that we could see Price continue to rebalance the SIBI. Price closed on the 50% level. I could see Price come down to take the equal lows at the .618 for Mondays idea. Price could seek the 50% level of 107.099 for the low of the week. I also suspect that we could see a high resistance week of Price action this week. by LParnell221
DXY in daily charts (update) Hello my friends There is not any thing more to add to my last idea of DXY. It is not confirmed yet but please keep it in your mind. Thanks Shortby AMA_FX6611
Dxy longThe US Dollar Index (DXY) has rolled through markets to a fresh two-year high in a volatile Friday. The US Dollar gets additional inflow from flights into safe-havens amid escalating risks in the Russia-Ukraine war. The US Dollar Index popped above 108.00 and fades in the aftermath back to 107.50. The US Dollar Index (USDX) is an index (or measure) of the value of the United States dollar relative to a basket of foreign currencies. These currencies are the Euro (constituting 57.6% of the weighting), Japanese Yen (13.6%), British Pound (11.9%), Canadian Dollar (9.1%), Swedish Krona (4.2%) and Swiss Franc (3.6%). The index started in 1973 -with the absolution of Bretton Woods- with a base of 100.000, and values since then are relative to this base. For example, if the current reading says 99.800, this means that the dollar has fallen 0.2% since the start of the index (99.800 - 100.000).Longby KingForex0781
Dollar Index (#DXY): Classic Trend-Following MovementThe Dollar Index is currently trading in a strong bullish trend on a daily, moving steadily within a rising parallel channel. There has been a significant breakout above a key resistance level, following a test of the lower channel boundary. Given the long-term bullish trend, it is likely that the market will continue to rise. The next targets to watch for are at 108.20 and 109.00.Longby linofx15513
Dollar long The dollar is expected to continue rising next week due to strong U.S. economic data, geopolitical uncertainties driving safe-haven demand, diverging monetary policies favoring the Fed's hawkish stance, and a prevailing risk-off sentiment in the markets.Longby OliverFRX0
DXY DXY Index Change of Characteristics Bullish Channel as an Corrective Pattern in Short Time Frame Break of Structure and Retracement RSI - Divergence Completed " 12345 " Impulsive Waves by ForexDetective1
DXY DXY Index Change of Characteristics Bullish Channel as an Corrective Pattern in Short Time Frame Break of Structure and Retracement RSI - Divergence Completed " 12345 " Impulsive Waves by ForexDetective0
Doubling Down: Adding to My DXY Short I took a short position on DXY on October 3, 2023, because the charts always speak louder than the news. Besides, DXY is the most iconic meme in the financial world, and I love shorting mutable, mintable, and freezable memes! Shortby VXN_6185
Weekly Forex Forecast Nov. 25-28th: USD INDEX Is Still Bullish!November 25 -28th The DXY is still showing strength, but can pull back at any time. After breaching a Swing High, a pullback is naturally expected. But until it gives a bearish BOS, I am still buying the USD. Don't be too quick to start selling! Check the comments section below for updates regarding this analysis throughout the week. Enjoy! May profits be upon you. Leave any questions or comments in the comment section. I appreciate any feedback from my viewers! Like and/or subscribe if you want more accurate analysis. Thank you so much! Disclaimer: I do not provide personal investment advice and I am not a qualified licensed investment advisor. All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies. I will not and cannot be held liable for any actions you take as a result of anything you read here. Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.Long09:04by RT_Money113
DXY in monthly chart (An idea for decades) Hello What I want to discuss might be a little confusing for some you or unrealistic for other ones but I myself believe in it. I do not talk about Fundamental or any logics stand behind this chart but it's just an analysis in the aspect of EW. Dollar started its rally from 2008 and what has made is definitely a motive wave that can be wave 1 or in bigger scale wave A. If we consider it as wave 1/A which has taken 5300 days to finish so we can expect a reasonable correction for its wave 2/B even it becomes a Zigzag. It means that I expect more complex pattern for wave 2/B. Next point is the structure of wave 1/A which makes me anxious because if it was wave A what would happen after its wave C. To be simpler, if it is wave A, so we are in a bearish ABC for DXY and after this correction completes it must continue its bearish trend to ZERO that is impossible. Some say that it happens when Dollar is replaced with something else but I am not sure about it. The Second scenario is that it is wave 1 bullish and after this correction (in where we are now) the biggest rally starts for Dollar. It may take a few years to be disclosed. Thanks Thanks by AMA_FXUpdated 224
A quick high-low TF analysis of USDX.Next week:correction starts HTF to LTF high/low analysis of the dollar index the USDX. It was interesting to see the gold price rally as the USD$ continued to breakout this week, the dollar's prior weeks volume was massive but its petered during Friday (yesterday) after failing to close higher than the last known candle at this price level 108.33 on a day back in November 2022. Furthermore, the 108 level got rejected and the USDX fell back to close just under the 50% level of the daily candle which is still a bit bearish 107.47. See below my series of charts why I see the USD$ starting to recede next week, I would say commencing Monday. Now to the 4HR chart where the bears have already moved in commencing Friday (yesterday) Further bearish charting on the 30m 10M chart below, more bearish clues. 3M Chart. Is this getting boring? 1M TF a bears head n shoulders is for viewing & price has already retested and moving lower. and finally a 10sec chart for giggles. Shortby Easy_Explosive_TradingUpdated 116
What's Next for the Dollar Index? Will It Hold Above 107?Detailed Breakdown of DXY Chart 1️⃣ Context & Market Narrative The chart suggests a pivotal moment with a potential reversal or continuation of the current trend. 108.071 acts as a significant level, where price is showing signs of exhaustion. 106.77 emerges as a critical support zone, with strong buying activity in this area. 2️⃣ Key Observations The price has moved within a defined range, testing both resistance and support levels. There are clear signs of manipulation near 107.348, with possible stop-loss grabs targeting retail traders. The region around 106.77 indicates substantial market activity, making it a key zone to monitor. 3️⃣ Support & Resistance Levels Support Zones: 106.77: A strong area where buying activity has been observed. 106.113: A deeper support level that aligns with possible retracement targets. Resistance Zones: 107.348: A key resistance that needs to be broken for further upward movement. 108.071: A significant high, acting as a current barrier for price continuation. 4️⃣ Potential Scenarios Bullish Case: If price sustains above 106.77 and breaks through 107.348, it could continue upward toward 108.5–109.0. Bearish Case: A break below 106.77 would indicate further downside, targeting 106.113 and possibly lower. 5️⃣ Liquidity Analysis Above Current Price: Liquidity is clustered around 108.071, indicating possible upward spikes before a reversal. Below Current Price: Significant liquidity resides near 106.33, making it a possible target if the market moves downward. 6️⃣ Key Levels to Watch Upside Targets: 107.348: First resistance level to watch for a breakout. 108.071: A major level where price could reverse or consolidate. Downside Targets: 106.77: Immediate support level to monitor for buying interest. 106.113: Next key level if the price fails to hold above 106.77. Final Notes The current chart suggests that price is at a crucial juncture. Monitoring how it reacts at 106.77 and 107.348 will provide clearer signals about the next direction. Be cautious of potential traps around these zones and confirm breakouts before entering trades. Let me know if you'd like additional refinements or further clarifications!by spaceangelUpdated 1114
DXY MARKET OUTLOOK!Price broke the retested a broken resistance price of 106.231 earlier week. It traded higher and closed at 107.490 heading forward this coming week we have lots of economic repost and announces from the FOMC board meeting. We also anticipate GDP report, personal spending & core PCE INDEX the anticipation of this reports can impact the market volatility. Technically, we’d likely get to see more bullish price action continuation of DXY which will now impact the 6 USD crosses (USDJPY,USDCAD,USDCHF,AUDUSD,EURUSD,GBPUSD. And possibly XAUUSD. by Cartela0
Weekend forecast for DXY (LTF)Price could move from internal range liquidity to external range liquidity. But if it shows an institutional order flow shift, it could reach for the weekly bullish fair value gap before moving upby Paul_FRX0
Weekend forecast for DXY (HTF)Price showing strong move to the upside. Next candle could be an up close candle for continuation. But since price left a bullish fair value gap and purged a HTF liquidity level, it could also do external range liquidity to internal range liquidity move. Will wait how LTF playout next weekby Paul_FRX0
DXY sell ideaThe DXY is currently experiencing bullish momentum as investors gain confidence in equities, largely influenced by Donald Trump's business policies. From a technical perspective, however, the price has retraced significantly into a premium area while sweeping liquidity. This suggests that we might start to see some selling opportunities emerge. On this chart, the price has retraced to the 50% (premium area) of the imbalance or fair value gap, while also sweeping liquidity above. Additionally, the price is currently at the Monthly Order Block and aligns with the 0.618 Fibonacci level.Shortby sharpdennis103
DXY upward momentum continuesDXY upward momentum continues, since US dollar is strenthing because of many fundamental reasonsLongby ZYLOSTAR_strategy1
DXY monthlyDXY is in a consolidation pattern on the montly. It completed its major move.by AndrewCoatesInvestments0
USD outlookWatching the triangle closely—if the price breaks, shorting EUR, GBP, AUD, and NZD could present a strong opportunity. Patience is key as we wait to see how the new Trump administration shapes market dynamics. This is shaping up to be a solid long-term trade idea!Longby martin_kemeiUpdated 223
DXY - Long Term ScenariosDXY / Dollar is looking very strong and can break above resistance and target higher levels. A break of Support Level will open lower levels. MAs are coming closer and a cross will confirm Bearish move. Best approach is to go from level to level rather than aiming for a swing move as sentiments can switch anytime. For entries, please wait for at least two candle reversals 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. by MarketsPOV4
DXY Bearish OutlookThe price is anticipated to complete the five-wave motive structure to the upside, concluding its minor corrective pattern. Following this, it is expected to proceed with a larger corrective move, interpreted as wave (C), potentially targeting the low at 99.08. El Sayed Owaidy, CETA, CFTeShortby Market_Minds_SM2210