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Dxyanalysis

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.
TVC:DXYShort
by aminrzb
DXY Update and Levelsafter good impulse move to the upside there is certainty of price going into pullback mode because . price recently broken the trend line which was from weekly side so the next liquidity zone is supply from monthly which is 1% away and on other hand price can try to retest the fvg which nearby 0.5% below the current price (105.998) or the round figure 105 can act as support my take - before going to 107 zone price should retrace and get some liquidity from fvg
TVC:DXY
by Jimmy_Rebello
Is a DXY Pullback on the Horizon? Key Price Action Signals Is a DXY Pullback on the Horizon? Key Price Action Signals to Keep an Eye On 👀👉 The DXY Dollar Index has shown robust bullish momentum recently—but is it overextended? A pullback at a major support level could offer a valuable entry opportunity. I’m watching this zone closely for a possible buy setup aligned with the key criteria covered in the video. In this analysis, we’ll explore essential price action signals to watch and discuss strategies for positioning in the next potential move. Disclaimer: This analysis is for informational purposes only and not financial advice.* 📊✅
TVC:DXY
by fxtraderanthony
2
DXY makes it to the most important resistance zone.H4 12.11.2024💸 Dollar Index DXY makes it to the most important resistance zone 📉 The dollar index still managed to break through to the most important resistance zone 105.80-106.35 from which I expect a medium-term reversal. Honestly, I didn't think it would be pushed to it, but as it is. Other currencies against the dollar have almost reached their reversal zones, lacking the final rebound. As for me, the level of 106 on the index and the area near it is strong. The situation is a copy of 2016, when the index was also pushed hard, and then a long-term reversal was made to weaken it. TVC:DXY
TVC:DXYShort
by KovachTrader
DXY (dollar index) Out lookMy bias for the dollar is that it may start to slow down and experience some pullbacks, likely to fill the imbalances below and capture some liquidity. However, I also see Scenario A playing out, which could push the price upward and continue the bullish trend. Given the current market conditions, I expect these retracements, which also align with my outlook for EU and GU. Confluences supporting my bullish bias on the dollar: - The DXY has been very bullish and has broken significant structure to the upside. - The DXY has surpassed the key psychological level of 105.00. - There is still a lot of liquidity to the upside that needs to be taken. - Clean demand zones are in place, reinforcing my bullish outlook. P.S. Be cautious and watch for the major red news on Wednesday, specifically the CPI event, as it will provide key insight for the forecast. I expect the dollar to retrace ahead of the news, but once it's released, I anticipate the dollar will shoot back up.
TVC:DXYLong
by Hassan_fx
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FX:USDOLLARLong
by Thief_Trader
Is the DXY dollar index ready for a correction ? H4 08.11.2024💸 Is the DXY dollar index ready for a correction ⁉️ Looking back to 2016 when Trump first became US President, the dollar index initially reacted with a sharp rise and then a prolonged fall. I wonder if history will repeat itself again or if the market will take his second presidency more calmly in the distance. DXY formed a sellers' zone at 104.80-105.16, but the far resistance zone at 106 remains intact. It's not a sure thing that it will get there, but I keep the option in my head just in case. The priority for me is to fall from the nearest sellers' zone with the targets of 103.30 and lower to 102.30. I will specify in the process. TVC:DXY
TVC:DXYShort
by KovachTrader
EUR/USD: PAT + VPA 10/21/2024Good morning, I will be monitoring the daily candle close today, anticipating a bullish pullback or reversal to develop over the next few weeks. Several indicators have pointed to this: 1. The weekly chart has surpassed the previous high established on December 25, 2023. Currently, the price is attempting to retest the Demand zone that led to the breakout of that high.. 2. The weekly demand zone is identified between 1.0775 and 1.0825. Pay attention to the key level at 1.080, as it appears to be setting up as a robust support level for the currency pair. 3. The market has declined approximately 400 points since September 27, 2024, showing minimal pullbacks on a daily basis. Notably, this price drop has formed a double top without a genuine next line test. I anticipate that prices will rebound to around 1.100 in the coming weeks. A break below 1.100 could trigger a long-term retracement back to the highs at 1.200. Volume signature indicates that market makers are gradually exiting the trend. The weekly outlook remains bullish and is expected to dominate. It's important to note that the weekly chart is currently retesting the bearish flag it broke out of between June 24, 2024, and August 19, 2024. TVC:DXY OANDA:EURUSD XETR:DAX
Long
by ThePipAssassin
17
DXY bias new outlooklast 10 candle does not have any liquidity which seems that price is likely to bounce from 1st poi but the candle from nov5 and nov6 will be important as it is bearish marbozu with nov6 candle could create bearish fvg that can give price another rejection zone to push the price to test poi 2 based on drawn poi poi 1 = 103.220 and poi 2 = 102.630 we need see if price is rejected from this zone followed by dotted line which represents external liquidity to grab and finally we have orange zone that is weekly bearish fvg once that is tested will follow with new idea
TVC:DXYLong
by Jimmy_Rebello
XAUUSD: Bullish trendToday, gold has tested the support at the 2732-2728 range again. So far, the support remains intact, and the short-term trend is still leaning towards a bullish outlook. Based on this, the primary trading direction in the current session remains bullish. From a technical perspective, gold is likely to continue its upward momentum in the near term. The key resistance zone to watch on the upside is between 2750 and 2758. It is worth noting that a resistance level has emerged around 2745 since the market opened yesterday. However, given the overall trend, this resistance does not pose a strong technical barrier at the moment, and a breakout above this level is not expected to face significant difficulty. Therefore, if gold can break above the 2745 level, there is a high likelihood of further gains towards the 2750-2758 range.
OANDA:XAUUSDLong
by Mia-Signal
EURUSD 1.09085 +0.71% short idea INTRA-DAY SET UP...HELLO TRADERS Hope everyone is doing great 📌 A look at The EURUSD NY FROM AM - PM SESSION * With a bullish run into Monday CLOSE (PO3) today will be looking for some retracement. * looking at the daily HIGH taken which is a sign of weakness on EU. * Looking at the VI below as targets as well. * on the 4H looking for a bullish open to take ASIA high LQ✔. * PO3 * Push higher before going for lower structures✔. * looking for an aggressive move above out of the range to sweep. * and aggressive in. * this where I would look for entries short. * Looking for the take of that ERL WHICH we saw friday. * with two possible OTE ( ASIA HIGHS, AND LONG TERM HIGH) , EXECUTION IS BASED ON RR & RISK MANAGEMENT. * DXY 15M - Will wait for the DXY to take ASIA lows and trade back in the range as a confirmation as well... * BASED on the price action served next session... * We will see what does the market dish. 🤷‍♂️😉🐻📉🐮📈 HOPE YOU ENJOYED THIS OUT LOOK, SHARE YOUR PLAN BELOW,🚀 & LETS TAKE SOME WINS THIS WEEK. SEE YOU ON THE CHARTS. IF THIS IDEA ASSISTS IN ANY WAY OR IF YOU ENJOYED THIS ONE SMASH THAT 🚀 & LEAVE A COMMENT. ALWAYS APPRECIATED ____________________________________________________________________________________________________________________ Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT. _____________________________________________________________________________________________________________________ | * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - I TAKE MY TRADES ON A INTRA DAY SESSIONS BASIS THIS IS NOT FINACIAL ADVICE TO EXCECUTE ❤ LOVELY TRADING WEEK TO YOU!
Short
by PULEMokhothu
4
GBP/USD: PAT + VPA 11/02/2024Good morning, The GBP/USD currency pair continues to exhibit characteristics indicative of a sustained bearish trend, currently favoring the U.S. Dollar. Several analytical indicators support this assessment: 1. The weekly chart for GBP/USD has been in a downward trajectory since September 30, 2024. Candlestick patterns suggest that "Market Makers" are gradually entering the market, purchasing at lower price levels. The weekly low is established at 1.26650, with a demand zone identified between 1.26650 and 1.2815. 2. On the daily chart, GBP/USD appears to be approaching a support level at 1.28168, coinciding with an untapped supply zone in that vicinity. 3. Since September 30, 2024, the market has experienced a decline of approximately 600 points, characterized by minimal daily pullbacks. This downward movement occurred following the formation of a new weekly high. I project that prices will descend to the 1.28168 level, where support may be found on the daily chart. This area could serve as a critical juncture for a potential pullback. Should the 1.28168 level hold, targets may extend to 1.132, representing the last significant low breached prior to the bearish trend that commenced on September 30, 2024, and continues to the present date of November 2, 2024. Volume analysis indicates that market makers are incrementally entering long positions, although they are not yet prepared to fully influence the market direction. The overarching weekly outlook remains bearish, yet a corrective pullback appears necessary. OANDA:GBPUSD TVC:DXY ThePipAssassin
by ThePipAssassin
Next Stage of Bull MarketUSDT.D is testing the 20 W SMA which has been a key level for Bull Markets. The zone and MA has acted as Support 4 times previously in 2024 which have correlated with BTC Local Tops A close under that SMA is indicating that we are entering the next stage of the Bull Market. I prefer a few Daily Closes under, Weekly Close under is Gold Dust and tells me the Next Stage has begun. Read this to understand the Context of that SMA: Main reason I'm more Bullish this time compared to that precious Idea is because of DXY. Confluence: BTC has shown Strength since Oct 10th despite the continued Upward Trend in DXY that started on Sept 30th. 1 Day RSI on DXY is close to 70(Currently 69) which is a general sign that it is close to Topping. DXY is also testing the 200 EMA since it broken down below in July. My expectation is that the 200 EMA acts as Resistance for DXY and it rejects to continue its downtrend. This would be Bullish for Risk Assets like BTC/Crypto and would correlated with USDT.D breaking below the 20 SMA.
CRYPTOCAP:USDT.DLong
by HopiumDealer7
EUR/USD FACING SELLING PRESSURE. $DXY MULTIPLE PIVOTS POINTSGood morning everyone. Going to try to keep this short and sweet. DXY, as of about 0830EST, broke through all hourly Camarilla resistance levels. The last being 104.560. The next targets would be at 104.795, 104.833, 104.871, and 104.987. EUR/USD has broken through first 1HR/4HR support level at 1.0782. Next two levels would be 1.0772, and 1.0762. After these levels are broken. I'll look to trade to 1.07. Going into this selloff, we were in a bearish symmetrical triangle. Though I do not rely heavily on indicators, MACD, RSI (both reg. and sto.) are aligning with this downward momentum. Stop loss around previous around 1.0830 which the hour 200-EMA is peaking under. The DXY upward pressure is also supported by the election anticipation of Donald J. Trump winning. Rising 10-year yield is also support the greenback. BOJ is not looking to hike rates this week. Listened to a few earnings calls. Everyone is beating earnings so far. VIX is up. Feels like risk-on but keep in mind that the market made a major move up prior to any reports. Folks getting greedy and anxious going into election and big data week. Let's see if JOLTS today, IJC on Thursaday, and NFP on Friday still show a strong labor market. If so, definitely can forget about a 50 bps cut. 94.8% priced in for a 25 bps cut and 5.2% with no cut. Of course, like Socrates, I'm objective and humble to accept that it's possible for none of this to happen. If we get a break back about 1.0805, a level got from my brother @ThePipAssassin I'm tracking resistance levels at 1.0825, 1.0851, 1.0877, and 1.0919. If we get anywhere near these, believe I'll be looking for 1.10 because I did identify a FVG to the downtrend in DXY. Of couse none of this is to be taken as trading or financial advice. I am simple giving you my own analysis. Trade at your own risk and I encourage everyone to do your own research and check my thoughts. Please give feedback. Going to start doing this a lot more. Follow, like, and share por favor. God is love!
Short
by Arkad2021