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!
Dxyforecast
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 - Support and Resistance - Reversal? UpdateThis is an update to my previous DXY publication. Hopefully easier to read.
On May 22nd of 2021, we had a very clear long signal that took us directly up to a clear area of heavy resistance with overlapping TD sell zones after a TD9 weekly sell.
Now, we should watch for consolidation to attempt to push up to one of the resistance lines or a lower high, which will likely send us lower.
Here we should gain insight as to what the crypto and equity markets will do.
DXY - Little pull back!Hey!
Hope all is well.
Here's a quick trade idea you can dive into whilst using your own trade plan as well...
All the best,
TJ
Disclaimer: Not Financial Advice
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 | The last target for climbing📍Hello traders, Dollar Index ( DXY ) in daily timeframe , this analysis has been prepared in daily timeframe but has been published for a better view in 2 day timeframe.
In the wave count that was performed at higher times, a leading trend was formed and from this trend, waves 4 and 5 remain.
Wave 4 was originally intended as a flat, but wave c, which we identified in the count now, did not look like a leader, and we assumed it to be a triple zigzag.
So the count has changed to triangle and from this triangle the waves a, b and c are complete and now we are inside the wave d.
From wave d, wave a continues to form.
Wave a forms wave 1 and 2 and we are now inside wave 3.
From wave 3, the 1, 2, 3 and 4 microwaves were completed and, as we said before, an ascent was formed for wave 5.
We think this wave forms its three microwaves and needs a correction and an ascent to complete.
If the correction moves beyond the bottom of the canal, the ascending phase has probably changed to descending, and it is necessary for the green dot to be broken to continue the ascent.
🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏
❤️Please, support this idea with a like and comment!❤️
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 - DOLLAR INDEX + NFP DATA TODAY + WEDGE PATTERNDXY
- According to PRICE ACTION there is only one DOWNSIDE BIAS for DXY. However, NFP DATA is due to be released today.
- DXY 96.54 LEVEL can come to LONG TERM according to PRICE ACTIONS. You need JavaScript enabled to view it DXY SELL.
- NFP, UNEMPLOYMENT DATA, AVERAGE HOURLY EARNINGS DATA are very VOLATILE and can be MANIPULATIONS in DXY. Those who trade EURUSD beware.
DXY Bullish ?SXY has Been Following the trend line Since Long and I expect to See a little correction on the trend line and then DXY Bouncing up to 96.500 .
DXY US Dollar: Historical ComparisonToday I am charting the The US Dollar Index (DXY) on a monthly chart over a multi-year period.
I am showing a comparison of the DXY price from 1995-2002 with the Price, RSI and MACD resembling the current price, current RSI and current MACD. I circled and highlighted the areas of comparisons. Furthermore, I overlaid the historical price over the current price to see where the top may be before a reversal. Shockingly that price range is very close to my DXY price on the January 27, 2022 Idea I showed. Check that chart out as well!
When zooming out, the US Dollar price looks very bullish in the long-term. This is a monthly chart so please be patient with price action.
What are your opinions on this? I love reading your comments below.
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #cryptopickk
Break out rejected. DXY still trapped in the wave 4.The DXY made a run to break the top of the channel this week and failed. We are likely to see price spend some time in this consolidation channel before it builds up enough momentum to break to the upside. We are short term bias to the downside for the DXY but we will be only looking for long entries on the pair. A retest of the bottom of the channel at 95.7 will be a nice entry for our long.
DXY - DOLLAR INDEX FORMING A BAT PATTERN - DXY is currently forming a BAT PATTERN.
- If you BREAK the DXY DOWNSIDE CHANNEL TREND LINE you can definitely COMPLETE the BAT PATTERN.
- If the DXY price falls below 95.00 LEVELS the BAT PATTERN will be INVALID and it will change to the SHARK PATTERN. If so we will UPDATE
- DXY BREAKOUT is very important for USD CROSS PAIRS.
- Up to DXY 97.27 can be UP if the BAT PATTERN is COMPLETE. So stay tuned for MARKET UPDATES.
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!
DXYI think it's ABCDE correction from big wave 4 of wave C. what do you think? share your idea with me please.
DXYas I said on last weeks .. DXY still keeps the premises of forming a pattern that it has been following since May 2020!
...as I analyzed ... DXY rejected from the 94500 area and closed over 95150 from where it climbed to the target proposed by me ... 96400!
THIS WEEK... as I analyzed last week, DXY hit my 96400 target from where it rejected!
In the next period I will try to play between 95100-96700 until the first closing outside this area
NOTE: Please, give a LIKE if you find this idea useful!
GREAT ATTENTION:
*This information is not a Financial Advice.
Clear skies ahead for the DXY.The DXY looks set to continue to trade in a ranging motion to the upside as this is a historically messy region. It is likely that the price will continue to trade in a random walk manner with no clear direction until it breaks out of the 95.8 to 97 range. My guess is that it will break to the upside for the final wave 5 impulse so look out for that. I'd cautiously long the DXY at these levels, otherwise a larger entry on a pullback or entry on a breakout would be much preferred.
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!
DOLLAR INDEX Update....SELL...NOW
This week DXY chart Hopefully Create ab=cd pattern. So, that
If breakout 95.858 support zone then market goes to 95.300 & 94.00
support level. If break 96.300 resistance level then market
seems buy to 96.888 resistance level.
DXYThe weekly price chart below shows the U.S. Dollar Index printed a small bullish pin bar last week, as the price continued its consolidation between the support level at 12086 and the resistance level at 12293. The price is obviously consolidating but there is still a long-term bullish trend in force, with the price higher than where it was 3 and 6 months ago.
If the support level at 12086 continues to hold, the long-term bullish trend will be likely to resume.
Overall, it seems clear we still have bullish picture in the USD over the long and medium terms, but in the Forex market the greenback may not be the main driver of prices right now. It may be a better time to trade currency crosses not involving the USD.
One more drop before Take Off??Hi Traders,
Friday's volatility caused some massive sell offs across the board, especially with JPY pairs. The US dollar gained some momentum but in my opinion, it's short lived. We had a strong Impulsive push down from the upper boundary of the ascending channel and now price has sinve been consolidating which I feel will drop to the previous low before heading to the mid 97.00 range.
Anything can happen, follow your trading plan and trade safe.
Comment below and share your view on this pair! Click the like button if this helps you!
Wave 5 impulse coming for the DXY.The final impulse move is incoming for the DXY, there will be pitfalls a long the way but once it breaks the 30 Jan 2022 top, it's clear skies ahead. We want to buy every dip before it breaks the top and start selling our positions at around 100.
