$DXY Head and Shoulders PatternYES... that is the neckline. Check the link below and compare charts. You're welcome.
Link: www.mql5.com
Dxytradingsetup
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
DXY BIG BUY COMINGAs we can see from the chart price heavily rejected support and is heading down to an existing support level
I am waiting for price to retrace and break through then we will be buying to the target area
BIG MOVE ON DXY - BUYPrice has finished its pullback and is now continuing the uptrend, wait for price to break above this pivot point and buy to the target area
DXY Q3 Forecast in my Opinion.Weekly - 1st week of June the market shorted through a strong support level with no retest.
Daily - Market is retracing in a corrective manner. Investors moving money to safe havens like Gold and Silver.
4HR - Market is discretely in an uptrend and expecting a push towards 98.00
1HR - Watching for how the market reacts around 98.00 and the 68 fib level.
REMEMBER ITS NOT ABOUT THE LEVELS ITS HOW THE MARKET GETS THERE!
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.
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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 - 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
DXY - BUYPrice is currently being rejected at resistance so we can look for sells on the lower time frames, but once broken we can buy to the next level of resistance marked on the chart
Be aware that this is on an uptrend but you can scalp a profit off the 1h or 30m
Powerful Traders, everyday EWA's analysing & working processDXY detailing Simple "OZ" with ''ABC''.
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on DXY with different time frame chart analysis:on one day chart it is clear to see that the price move is always big whether falling point or rising point.
Price has already taken its turn from long corrective wave.
on 4 hour chart following a parallel channel and breaks resistance line, in down direction
now coming on 1 hour chart
the price movement is very slow and a bullish channel is forming.
DXY- Daily Risk-Range for Wed Apr 8, 2020DXY- Daily Risk-Range for Wed Apr 8, 2020
13:19:07 (UTC)
Wed Apr 8, 2020
U.S. DOLLAR CURRENCY INDEX (DXY) WeeklyDates in the future with the greatest probability for a price high or price low
U.S. DOLLAR CURRENCY INDEX (DXY) MonthlyDates in the future with the greatest probability for a price high or price low
DXY DOWNDXY formed into Double Top pattern .A pin bar occurred on top and this pin bar strong because previous two two pin bar on top worked successfully.Expecting a small lower move in respect of DOUBLE TOP.
#dxy - Holy-Shit-Fly - WTF!!!That's it, and it's not gonna be fun.
No more trust in the EURO!
Capital flight to the USA on all fronts
Attention!!!
I'm not going to elaborate, but this doesn't look good at all. See links 2 years Ago!
Prepare well for it and that would be the real reason why the corona virus was pushed forward so massively for distraction.
Crisis video follows YT.
US Dollar Index - Market ShiftMarket Shift has occurred on the DXY during the last quarter of 2018 with equal lows at 93.20 being run to take out short stops. A retracement higher throughout 2019 saw price struggle to move higher to the 100.00 round figure number.this being 61.8% retracement of the previous swing. We had a entry confirmation on the SAR and ADX confirming to go short with a pivot a 96.00 level.
My first Target is below the 88.50 level as this is location where a large number of short stops are placed (Liquidity pool). Any traders long from the 80.0 level would have move their stops below this swing low at 88.50.
Price will want to sweep through this area to take out long positions.
My second target is into the 79% fib as this aligns with an order block and test the top of the previous range at the 84.00 level.
What does this mean for all USD pairs?. We should sell off over the next 6 months to a year, for all Forex pairs that have a quote currency as USD.
sell DXY as long as coronavirus is a problemNegative coronavirus news is bad for the DXY but good for our bank accounts
Sell. Tp is in the zone highlighted. Would hold a sell for longer as long as cornavirus is a problem is the US
DXY ONE MORE PUSH DOWN?Doller tried to go back upside as already seemed retrace complete but another down move occurred. We can target 61 fibo level as next support .
Happy Scalping
