✅DXY is going up now But a strong horizontal Resistance is ahead at 104.600 From where I will be expecting A local bearish correction SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
DXY D1 The dollar has sold off a healthy amount from swing lows to swing highs here, but we are now sitting on a key point of pivot. We could look to trade higher in line with a break of trend as indicated, or lower with a continuation of trend. Sitting on the sideline for the moment until we can see some sort of confirmation confirming either of the above.
XAUUSD D1 Last night, XAUUSD experienced a remarkable surge of +720 points as the markets unfolded, driven by a confluence of factors, previously mentioned above. Notably, the XAUUSD markets are steadily advancing toward historic highs, and the market opening triggered a substantial influx of buying pressure, low volume causing such aggressive spikes, since we...
The bias for the dollar this week remains bearish, leading me to anticipate further downward trends. Near the current price, there is a supply zone on the 3-hour chart where we'll wait for price redistribution. Following that, we'll await confirmation on a lower timeframe to execute the sell trade. Additionally, I anticipate a minor reaction from the 13-hour...
DXY D1 - Relief Rally The dollar index has undergone a significant retreat, showcasing a robust decline from the recent swing low to the swing high. It elegantly touched the 618 region, displaying a compelling wick, and gracefully closed just above our crucial 103.000 support level. Anticipating a potential rebound from this fortifying support zone, we may...
✅DXY is trading in a Downtrend and the index Broke the key horizontal level Of 103.200 and is now about To retest the broken level Which is now a resistance From where I will be expecting A bearish continuation SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Hello,Traders! DXY broke the key Horizontal level of 103.329 Which is now a resistance And the breakout is confirmed So we are now bearish biased And we will be expecting A further move down After some pullback and retest Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
DXY D1 We continue to navigate to the southside here with the dollar index. During recent trade and events over the past few weeks. Should we breach the significant 103.000 threshold, our sights are set on the next target at 101.500. Additionally, anticipate a continued upward trajectory for XAUUSD, with all-time highs on the horizon.
✅DXY has been falling for a While now but has almost Reached a horizontal support Level of 103.00 and as it is Oversold at the moment I will be expecting A local move up LONG🚀 ✅Like and subscribe to never miss a new idea!✅
The dollar index has experienced a rebound, surpassing the 103.00 threshold. When examining currency pairs such as GBPUSD, AUDUSD, and EURUSD, it becomes evident that there is further potential for movement within the frameworks we are monitoring. This suggests the likelihood of DXY breaching the 103.000 support level, setting the stage for extended targets in the...
DXY D1 The dollar index has displayed robust corrective movements in recent weeks, buoyed by a diverse set of supporting data points. The 103.000 handle emerges as a pivotal support zone, potentially paving the way for a substantial rebound in the USD. It remains to be seen how events will unfold. Examining the market from its swing low to swing high, a...
DXY D1 We've successfully breached the lower boundary of the previously anticipated support zone, as forecasted last week. There's potential for a retracement to retest the indicated price level before a further decline, aligning with the bearish sentiment on the USD, really looking to see some more dollar weakness unfold this week.
DXY D1 Today, or at least this morning is all about waiting for these corrections to unfold and settle. The DXY is being used to compare against FX pairs, and we are just waiting to see whether this resistance price holds, or breaks. Like I say, we aren't looking to trade just yet, merely try and get some consensus of direction early on in the week, we can...
CAPITALCOM:DXY good dayAccording to the chart of the financial markets, the dollar index has the potential to grow up to the range of 104 At the same time, all stocks will fallWatch the news According to what I said, my prediction is the increase of interest rates and the strength of the dollar in the above time frame.
US30 H8 We indicated the 34000 sell zone yesterday, and we have since seen a tame 1.5R from this area. Speaking with a few followers, this is something they've capitalised on. That being said, the concern for DXY downside throws a spanner in the works, and the chances of US30 pushing towards 35000 is becoming more and more. 35000 is certainly a preferred sell...
Hello,Traders! DXY is trading in an Uptrend and broke the Key horizontal level of 105.592 And is now going down to Retest the new support From where a further Move up is to be expected Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
hello guys... if you check dxy you can see the dxy touched the top line of the channel so we can expect every pair against the USD to go up!
Hello, Welcome to this analysis about the US-Dollar Currency Index, we are looking at the 4-hour timeframe perspectives. As I detected recently the index is forming an important formation that has a high possibility to be the origin of a bearish reversal to the downside that should not be underestimated. As when looking at my chart now we can watch there that...