Dxysignals
DXY - BIG MOVESPreviously at the marked level of support price shot up through a level of resistance and all the way to the second level of resistance
I anticipate the same thing happening again.
I placed a buy last week and price shot up only to come back and test support BUT i see price shooting off again to the moon
DXY - ANOTHER BUY COMINGWaiting for price to break resistance then ill be buying to the target area
DXY - BUY
SL - 96.180
TP - 97.647
1000+ PIPS BUY ON BREAKOUTThe DXY is trying to push up but keeps getting rejected, once price has clearly broken out we will buy to the green area
DONT MISS THIS AMAZING BUY SETUP... EASY MONEYWe are waiting for price to break resistance then we will buy to the green area
DXY - BUYAs we can see price did as predicted, it is now retesting support and we will be looking for buys (probably tomorrow) towards the marked area of resistance.
Short $DXY against 98.00Hello Sophisticated Trader,
Our long DXY from Last week did go and test resistance. This coming week, the $DXY has seemed to test a double top and is likely to test the bottom back at 96.25. So, I'm looking to short the DXY for a test of the bottom of the current range to find support for the month ends.
Like, Comment, and Follow.
Let's Make Money Together!
Happy Trading!
Dr. Lydia Smith
Where we teach you what you need to know to be a profitable trader.
DXY - BUYAs you can see from my previous charts analysis was correct, price couldnt break resistance so we were looking for sells on the lower TFs now price is testing resistance and should break through so we look for buys
With this happening the USD is gonna dump all over the place so look out...
DXY Looks like the inverse chart of 10yr & SP500, over bought on H4 D1 a larger correction to the DXY is underway and another pump to stocks crude oil seems more evident
DXY - SELL / CRASHThe DXY is currently consolidating in this area on the monthly chart.. from what i can see price is being rejected heavily from above
When price eventually breaks support I am going for a LONG ASS SELL
Long $DXY Analysis
Hello Sophisticated Trader,
The $DXY has finally broken above the 97.00 resistance and the 100 MA on the 4hr, this is indicating a possible move up for the bull for another test of 98.00 and possible 99.00. This is extremely helpful when trading, as the dollar index has become the main market driver. In addition, the renewed coronavirus fear most likely have an impact and support the DXY over the coming week.
Like, Comment, and Follow.
Let's Make Money Together!
Happy Trading!
Dr. Lydia Smith
Where we teach you what you need to know about trading.
dxy#DXY dollar index running out of gas stock RSI over bought on almost all TFs, a nice pull back would line up with my 10 yr pump theory and rocket launch stocks/crypto
DXY trading tactics:The price is trading near the support line.
Strong support at 95.94
if break 97.41 conform bullish
DXYI think DXY just goes in for a re-test of the 200 ema, then fails for a double bottom B4 testing the 102 area again, then ultimately rolling over heading down to 89..
DXY Weak? Monthly Chart shows the oppositeWe are at the moment on a major DXY sell off, It might look like it will continue to crash, but monthly chart shows a different story, we are just at Wave D, with Wave E being final rally for Dxy to 110 area, until the moment Dxy respected the trendline, support at 96.40 will decide the continuation of uptrend of break to the downtrend.
This is pure technical analysis but some other major factors such as stocks being in uptrend for months now also can support this since they move opposite, and we can probably see another sell off at stocks on a next liquidation phase.
DXYHere is my $DXY chart heading into next week, I can't be bulls on #oil or #stocks or #cryptocurrency as long as #dollardemand continues to grind higher, & if we look at other dollar pegs ie.. euro peso we see that $USD is destroying things outside USA #NDX $BTC #SP500
DXYthis is what I am thinking guys, dollar wants to test 101 and will probably bust thru which is bearish for oil and stocks and crypto.
Now even if we do not have the A gym Triangle in play we can see clear levels of S/R in play and 101 is up next.
if this is actually the bullish case then this will be the 3rd attempt in a couple of months to break this level which as we know the more a level is tested the weaker it becomes.
Also we have clear HL HH on all TF's. I stay bullish on dollar demand bearish on everything else.
