In this video, we provide a succinct analysis of the U.S. Dollar Index (DXY) and its potential impact on USD pairs. Following recent bullish momentum, the DXY has become overextended, reaching resistance levels. Currently, we observe a significant retracement toward support. Our main goal is to identify an optimal buy entry point within this critical support zone,...
**Monthly Chart** DXY has been moving into a long-term range between 107 and 100 levels (round numbers) from January 2023. Last month candles closed lower after creating manipulation candles on monthly. This month's candle (currently active) tested the low of the previous two months and pushed higher with the NFP announcement last Friday. This moved DXY back...
DXY weekly chart looks too bullish which is very bad to the markets. Looking for short swing positions on QQQ and ES. DXY probably looking to hit 107+ range before retracing it back in next few weeks.
Monthly Chart: The price has rejected from the monthly OB then, It created a M-MSS. Now month of June the price has goin bellow the TMO before the NFP week. So we could anticipate that rest of the month the price will go upward. Monthly Bias: Bullish Weekly Chart: The price is going down towards the PML W-SSL. There are W-FVG along with W-BPR & W-OB which might...
Greetings, Traders! Brief Description🖊️: We are in the first week of June, a period marked by high-impact news, including the Non-Farm Payroll (NFP) report. In this video, I will provide an in-depth analysis of the DXY and GBPUSD pairs, offering valuable insights for the upcoming week in trading. Things We Will Cover👀: Lecture on Draw On Liquidity🧠: ...
Pair : DXY INDEX Description : Completed " 12345 " Impulsive Waves and " ABC " Corrective Waves Break of Structure RSI - Divergence Bullish Channel as an Corrective Pattern in Short Time Frame Demand Zone
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
The dollar price looks bullish on the daily timeframe, moving within a symmetrical triangle and ascending channel, and following the Elliott Wave 12345 pattern. Currently, the price is at a resistance-turned-support level; waiting for a bullish rejection here could signal an upward move. This would positively impact XXXUSD pairs and negatively affect USDXXX pairs.
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 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...
#dollar_index #Update According to the previous analysis, the second scenario that was mentioned can be completed in the area of 107 to 109 movement units... But according to the structure, I found it necessary to do this update, because according to the type of movement behavior, we should see a movement towards the ceiling. 1- This movement wave can at least...
possible recovery for us dollar. possible target : 108+ good luck.
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...
OANDA:XAGUSD OANDA:XAUUSD TVC:DXY Finally 😎 Silver broke through $30. So what's next? Long-term: I would say there is nothing on its way to go for $50. BUT, what would support Silver to go for $50? where's the demand for silver? How would supply change in the coming years? .... I would say, let's not get ahead of ourselves and focus on what's...
Greetings, Traders! Welcome to an exciting and insightful video where we dive deep into the DXY and GBPUSD pairs. This week, both pairs have hit crucial junctures, making it the perfect time to analyze and adjust our trading strategies. We'll explore significant retracements and pinpoint key points of interest, providing you with a comprehensive outlook on...
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