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Dxyshort!!!!!!!!!!!!!

dxy where is the dollar going!we are at a very very key area right at this bullish order block on the 4hr dxy needed to pull back to in order for it to be the next leg up only if it holds of course but this is a area you want to watch if your trading and dxy pairs could be giving entries on a lot of pairs for a medium to long term swing a break below this level can show bullish ness in dxy pairs but once again the trend is up so it has to show us bears are in control by break that green area which i dont see after a major pull back that size with no news i would love to see the bulls take control soon but this is the 4hr so we have to wait for some more closes showing rejections at this level
TVC:DXYLong
by wolf_pack
Dolla Dolla Bill Y'allI think a pullback in the dollar is imminent. It has been a perfect storm in the geopolitical world with inflation, talks of war, tough financial decisions by countries that will likely have a long-lasting effect on their financial futures. Now unless the world really goes to crap and financial systems collapse in the next week, I am unsure how much higher the dollar can go for now. As you can see UUP the Dollar Index has aggressively broken out of its channel with multiple gaps up on the daily. The repeating pattern I see is big up then a smooth woosh down into accumulation. I'm not much of an RSI guy but the pattern is once it gets overbought you can see what happens. Now I don't think the dollar will collapse yet but definitely positioning for a pullback in the near term. This obviously would-be short term bullish for stocks and risk on assets. I definitely don't think this is the highest we will see on the dollar the worst is yet to come imo but nothing goes straight up without some pullbacks. All just my opinion not financial advice my friends.
AMEX:UUPShort
by EZmoney24
1
DXY - watch for short term downsideGood morning everyone, DYX has been pulling back, sending both EUR/USD and GBP/USD to multi week highs. Under this backdrop, the trendline that's been holding since February 4th 2022 is on the cards over the next days. Let the price consolidate around the levels it is right now and if some corrective pattern (bear flag, parallel channel) develops between @108,5 and @109, you can either go short by putting an entry order around the previous support (now resistence) @109 ( more agressive ) or wait for the reversal to confirm itself by breaking @108,3 level . Either way, my aim is for the price to touch the trendline mentioned before with the first target on the way there being @107,62. If you have any questions, feel free to comment or get in touch. Wish you all the best trades, PTFX Disclaimer: This post does not provide any kind of financial advice. It is for educational purposes only and solely supported by my understanding of the technical figure based on wave theory.
TVC:DXYShort
by PureTradingFX
DXY bearish divergencesThe DXY is approaching a meaningful trend change! Don't be fooled by the Fed, the USD will soon reverse course no matter how much the federal reserve wants a strong dollar, the fiat currency seems to be approaching extreme overbought territory on the weekly chart on every momentum and price oscillator I could find. Be on the lookout for risk on assets to reverse course, crypto, stocks and precious metals will benefit from imminent DXY weakness.
ICEUS:DXYShort
by CryptoChartistry
The Cleaner on EURUSD! Narrative : Last week the NEWS generated a HUGE repricing and caused the market to drop that left a huge imbalance that hasn't been cleaned up yet. Imagine paying for a 5 star Hotel and you get to it and it's a mess from the last occupants who were a Rock Group that celebrated a vey successful tour:) Well this week is brand new and the market would want to clean up all imbalances before the inevitable DROP I believe is coming Mid Week. Fundamentally the writing is on the wall for the EURO unfortunately. The DXY is still in orbit and this drop is only temporary to clean up the imbalance it left when it took off like a rocket during that news day last week. But after the clean up I see the DXY Soaring because the Dollar is still SUPER INFLATED! Thus Euro will Fall deeper into parity. #SniperMarketMechanics All of that said: the potential dip in the DXY is adding more confluence for this ride LONG on EURUSD. To add even further confluence to this ride NORTH is: All imbalances and liquidity voids have been pretty much cleaned up on EURUSD. So it's a very great assumption that the algorithm will hunt the STOPS above since it ate pretty good down south! As always Never Over Leverage. The Forex market isn't a get rich quick space. But over time through proper risk management aka NOT OVER LEVERAGING your accounts will grow like an OAK TREE. Trust your set up. Give the narrative time to manifest and fall into the script. Have Fun! It's a new week and new gains are on the horizon! I AM Pro Trading Made Simple. Master Jedi & Sensi of #SniperGang --- EVERYBODY EAT$
Long
by Master-Jedi-Trader
DOLLAR INDEX DXY BULLS FAILEDIn the dollar index price is making double top ar 110.15 and drop to test its strong trend line support area 109.60 level . Now if price break this trendline support than we see the more drop in dxy and price and coming to test its next level of support area and fill the gap down of previous week. After the breakout of market structure the strong trendline support wait for the restest of this level as a resistance than we see bearishness and selling pressure in dxy price towards the next level of interest 109.00 and 108.84/ 2nd scanario| IF DXY respect its level of support trendline and market structure than wait for the breakout of 109.80 level friday last pullback area high and than good trade setup for buyers and dollar index is push to upside to test friday high 110.15 and this month high 110.62/
TVC:DXY
by naumanfx_
NEWS NEWS NEWS! EURUSD Headed NORTH Finally!Narrative: News News and More News will cause for a very Unpredictable ride in this 7 Trillion $ space known as FOREX. Nevertheless we ride all waves: the trends as well as CONSOLIDATION. Why? When you trade with the Bias aka Trend; after the dust settles; you'll always be on the RIGHT side of Hi$TORY. The 13th News driven DUMP was nothing short but AMAZING! Those Long candles created on New$ days create Great opportunities to catch the RETURN TRIP for the Premium Price as well. Yesterday the 14th we experienced delays on the 1st Class Trip North due to heavy NEWS. Price stalled and had to return due to weather aka NEWS:) Nevertheless we know when HUGE Imbalances are created they normally are retraced 45-50% minimum if not MORE. The DXY 4hr is Cleaning up the swings and headed to fill that huge imbalance it left on the 13th as well. We use the DXY as our #1 Indicator because it is the Ying to EUR's YANG. Add all of those Real Time Confluences together and you have a very High Probability Trade with Low risk as you can see indicated in this Beautiful Chart. As always Never Over Leverage. Trust your trade set up. Especially on trades that you stand to profit MAJOR PIPS. The algorithm's job is to STOP HUNT to make the narrative interesting. Most importantly HAVE FUN. What other space you know where you can make as much $ as you want every day? I AM Pro-Trading Made Simple. Master Jedi & Sensi of #SniperGang EVERYBODY EAT$
by Master-Jedi-Trader