Dxyidea
DXY New Analysis And What Will Happen With Non Farm Payroll NewsThis is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
DXYas I said on March 21 ...DXY is in a strong downward trend and if for 1 week it rejected 3 weeks in a row from the Fibonacci 0.5 area, I expect it to continue the descent to Fibonacci 382!
THIS WEEK...even if it climbed to the Fibonacci 786, DXY continues its downward trend we were talking about and will reach the Fibonacci zone 0.382 where it is a very strong area ... and even if it rejects and rises again to the 91,950 area ... the trend is in continue to descend!
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GREAT ATTENTION: This pair may be influenced in the short term by any news!
This pair may be influenced in the short term by any newsOur analyzes have an accuracy of over 91% but due to market manipulations during this period we will avoid putting exact values on SL!
We also recommend avoiding short-term trades during this period because news can appear at any time that can destabilize the market.
*This information is not a Financial Advice.
USDindex - DXY - Buy Entry - H4 ChartUSDindex - DXY - Buy Entry - H4 Chart
Buy @ Beak of Pivot Point Monthly 92.4097
Recommended Risk - Stop Loss @ 0.5% to 1% of your Account Balance
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🔺 DISCLAIMER
🔺 The content of this analysis is subject to change at any time without notice.
🔺 It is provided for the sole purpose of assisting traders to make independent investment decisions.
🔺 You must do your own research to create your own trading plan for the market.
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A stronger Dollar isn't out of the questionThe Dollar index is something I've been grappling with for a while now. I bought into the narrative of a weaker dollar index particularly in light of the mass printing of money by the FED. Surely inflation must be a consequence of the monetary policies that we are seeing...?
It just makes so much sense that we see a cheaper Dollar. But the macro people disagree and their arguments are plausible and so i pay attention.
The biggest dilemma that i buy into with regards to a stronger Dollar index is the weaponisation of the US Dollar. Why would the US let their supremacy decline without a fight? Policy shock in the Dollar perhaps the biggest risk to countries around the world.
My base case is for a weaker Dollar over the next 5 years, however, its not out of the question for the Dollar to strengthen should policy shift.
The DeMarker indicator suggest that the Dollar Index should weaken over the short-term but lets see.
Very tricky....
Please note, this idea is shared for educational and discussion purposes only and should not result in speculative investment decisions in any asset class.
DXY - FallingI think we will continue to fall!
What do you think?
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
US dollar is still bearish hello traders ,
Welcome to my price forecast of US dollar index .
us dollar is still in bearish scenario.
as you see there is Ascending broadening wedge pattern, most likely it break downside .
and our target is at major support 88.25.
I have many ways to enter into market and one of them is after channel break.
Thanks for Watching my idea, have a green day ..