I expected TVC:DXY to dive to 97 before this because I didn't think the BOJ could hold on this long. I guess we need the dollar to go higher to make the BOJ to dump treasuries so the FED can cut rates and metals can hyperinflate. TVC:DXY is bull-flagging and TTM squeeze is ready on EVERY TM! That means a huge slam for gold is coming up...
DXY analysis 1 hour time frame Now we are at the bottom of the 1-hour range, which I expect to move up to the top of the range
using just AMD for get entry in low time frame simple
Pair : DXY Index Description : Completed " 12345 " Impulsive Waves and " ABC " Corrective Waves Break of Structure Bullish Channel as an Corrective Pattern in Short Time Frame RSI - Divergence Demand Zone
DXY: The USD index this week is touching the susceptible help area round 104.60, so withinside the brief term, the USD is anticipated to get better barely today. Most of the marketplace will now no longer have lots fluctuation because of the financial institution holiday. Ace can refer to shopping for with USD
DXY Weekly, Daily, and H4 Chart Analysis Weekly Bias: Bearish Market Structure Shift (W-MSS): Confirmed two weeks ago, signaling a bearish trend. iFVG-W: Last week, price tested and closed below the inverse Fair Value Gap on the weekly timeframe (iFVG-W), reinforcing the bearish outlook. Target Level (DOL): 103.921, where the Weekly Fair Value Gap (W-FVG) and...
🏃♂️DXY Index is moving near the 🟢 Support zone($104.27-$103.90) 🟢, and 200_SMA(Daily) and 100_SMA(Daily) , and the lower line of the ascending channel . 💡Also, the Morning Candlestick Pattern is clearly visible. 🌊According to the theory of Elliott waves , it seems that the DXY Index has completed the Double Three Correction(WXY) in the support zone...
I'm bearish on DXY dollar down to 104.080 (previous 2 week candle low) I view the current move up in price as a potential opportunity to short DXY. Intermediate timeframe (h8) is delivering bullish (closing above the highs of down close candles). In this scenario, I watch for entries above fractal h8 swing highs, or if there is a bearish h8 cisd, enter on...
dxy will pumb to 110. sell EURUSD for long term invesment.
Triangle formation is now apparent for the dollar index (H1 Timeframe). A breakout to the upside might trigger an upward movement towards the 105. A breakout to the downside might trigger an downward movement towards the 104.4 or even at 104.10. Fundamentals: Possible high interest rate differential in the future that could cause the dollar to gain strength...
Expectations for the US Dollar Market from May to August 2024 May to Early July 2024: The US dollar is anticipated to remain strong, with the market reaching a high of 108.459 by July 1, 2024. First Three Days of July 2024: After peaking, the dollar is expected to decline, potentially dropping to 105.785 by July 25, 2024. Stay updated with our forecasts to...
The left chart suggests an equally-weighted gold basket of spot gold towards FX majors. It objectives to expose the underlying of energy of gold in general, and dilute the inverse dating among gold and americaA greenback – that is the maximum extensively observed gold market. On the proper we are able to see the gold futures (gold/USD) reached a document excessive...
Pair : DXY Index Description : Completed " 12345 " Impulsive Waves and " ABC " Corrective Waves Break of Structure RSI - Divergence Demand Zone Bullish Channel as an Corrective Pattern in Short Time Frame
short term bullish, late summer / autum bearish. expecting a run to 10549-106 region before a decisive move, possibly to the low 102 region.
Monthly : The price has already created the MSS(M) in monthly, & there is Monthly BSL situated in 107.354. So I'm Bullish In monthly. If we have any bulish PDA in Daily our M-Bullish bias will be confirmed. Monthly Bias: Bullish Daily : In daily chart the price has been create the Daily MSS after taking W-FVG+ & the price has been tested the D-FVG+, so in...
Monthly: The price come down after creating the M-Mss+, as there is no space left for M-FVG now so our bulish bias is invalid now. Monthly Bias: Consolidation. Weekly: The price has taken the W-FVG+ & closed bellow, Creating a W-MSS -, & there are 2 Target bellow situated in 103.921 level, so now our target is to go for the W-SSL. Weekly Bias: Bearish....
📈💼 DXY Update! 💼📉 Hey there, traders! 🌟 The dollar index, DXY, is in the spotlight once again! 🚀 Currently, it's cozying up to a crucial support trendline after some recent rollercoaster rides. 🎢 This area has become a hot topic, especially after a quick dip and an even quicker recovery. 🔄 But hold your horses, we're not out of the woods yet! 🌳 The upper...
The dollar slid to a multi-month low on Thursday after U.S. core inflation hit a three-year low and retail sales were flat, raising expectations of lower interest rates in the economy. largest economy in the world. The DXY index recorded its biggest decline of the year, falling 0.75% and penetrating below the MA 200 line. DXY is currently trading around its 5-week...