DollarDXY - U.S Dollar Index
Completed " 12345 " Impulsive Waves
Break of Structure
Rising Wedge as an Corrective Pattern in Short Time Frame
RSI - Divergence
Change of Characteristics
DXY trade ideas
DXY Continues bullish momentum from 108.600For the DXY, I anticipate a corrective move, as the price has recently broken structure to the upside. This break has created new demand zones, which we can expect to act as strong support, allowing bullish momentum to continue.
This week, my focus will be on the 8-hour demand zone around 108.600. If the price mitigates this zone, I’ll look for lower time-frame confirmation to enter a trade. My target will be the 8-hour supply zone above, where I anticipate some bearish pressure may emerge.
However, if the price moves lower and breaches the 8-hour demand zone, I’ll shift my attention to the extreme 5-hour demand zone for a potential buying opportunity, aligning with the overall bullish trend.
Let’s stay sharp and make the most of this week. Let’s crush Q1!
Dollar Index HTF Imbalanced FilledPrice of the dollar index has filled the weekly imbalance. Should see a potential pull back from here has President Trumps legislation is unclear for tarriffs etc. Price could pullback and trade sideways and consolidate before Jan 20th. Depending on the amount of executive orders this could cause more volatility later this month.
DXY SELL IDEADXY is currently in its 5th wave, the wave 5 is the completion of the bullish trend, i am expecting a change of market direction once the red trendline i drew is broken, i call that the risk trendline. For entries; look for the break of risk trendline and set your SL above the high. This is a swing setup, so you have to be patient, take into account risk management, all emotions aside, we are trading not playing.
$dxy 104.5 Hola ,
so we poke above the multi year pennant and bouncing of the 7 ema
rsi topped out and looking for a test of 104.5 before it starts accelerating
let see what happens to our metals with this obviously reclaim 108.2 and this idea is invalidated
but with Sivler doing a sweep of a key level and reclaiming $29 am still holding my spot and waiting on $35 to be broken
let see what we get soon
Some Hints for investing; #DXYPossible direction of the dollar index(DXY) in the long term
-- Caution: I do not believe in trading. Not only do I find it useless, but I strongly urge you not to lose your capital in the trading game. This war has only one winner and that is not you as retail traders. What causes capital growth in financial markets is the focus on investment, persistence in it and the use of compound interest. So, what I am giving you on this page will help you invest and trade in the right markets. At the same time, financial markets are full of risks. If you like gambling, the best place for you is the casino.
As the picture on the monthly/weekly time frame shows, the dollar index is likely to rise, the initial target is the red area. Considering the likely upward movement of this index, pay special attention to the instruments that are against this index, such as stocks, metals, oil, etc.
DXY Potential UpsidesHey Traders, in tomorrow's trading session we are monitoring DXY for a buying opportunity around 108.300 zone, DXY is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 108.300 support and resistance area.
Trade safe, Joe.
DXY pullback to kick-off 1Q2024The 5th leg higher over the December period played out as predicted in my previous idea (link below) and the index is currently testing the 61.8% Fibo retracement level at 108.73. The RSI index is however hovering in the overbought zone which may be an indication of the start of a corrective wave lower to kick-off the 1Q2025.
I expect the DXY to depreciate towards the support zone between 106.50 and 107.38 before the index makes another leg higher towards the 2022 high of 114.80. The support zone also coincides with the 50-day MA currently at 106.34.
DXY : The D is strongThe chart above explains.
As I explained previously, there is still some juice left - approx 25% - for the dollar to advance.
The more it moves UP, the more 'expensive' it becomes, until eventually, demand evaporates - as with all $--denominated assets.
As always, watch the US10Y.
Good luck.
DXY Reversal Zone We are expecting Dollar strength towards 110 above level and before that every time it will fall, its a chance to look for buy setups.
THE US DOLLAR (DXY) // primary long expansionThe last impulse, that is visible even on the weekly chart, broke the weekly structure.
The emerging countertrend only came back to 23.6, but tested the weekly (and H4) breakout, and turned up in the direction of the primary trend.
This is the expansion phase with a target of 109.00, and it is valid until the structure breaks on H4.
———
We may not know what will happen, but we can prepare ourselves to respond effectively to whatever unfolds.
Stay grounded, stay present. 🏄🏼♂️
Your comments and support are appreciated! 👊🏼
DXY Is Going Up! Long!
Here is our detailed technical review for DXY.
Time Frame: 9h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a key horizontal level 108.922.
Considering the today's price action, probabilities will be high to see a movement to 110.143.
P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
Like and subscribe and comment my ideas if you enjoy them!
DXY - 4H🕯 **Weekly Analysis of the Dollar Index** 💵
📌 Based on the chart, the price has two likely scenarios ahead, which you can observe in the image. To identify the main price movement, you should pay close attention to the micro-waves at the beginning of the week.
The DXY is currently in a critical position appears to be forming a harmonic pattern. Based on AB = 50% and BC = 161.8%, we expect the DXY to reach the D Point, where a significant reversal or continuation of the trend could occur.
AB Leg: The DXY retraced 50% Fibonacci retracement, confirming a solid start to the harmonic structure.
BC Leg: The second move (BC) extended to 161.8% Fibonacci extension, which is a key level for harmonic confirmation.
DC Leg:
We are now waiting for the price to reach D Point, likely around a Fibonacci retracement level such as 78.6% of XA.
Once it hits that level, we can expect a strong reversal or a continuation of the trend depending on the market behavior.
What to Expect?
If the DXY respects the D Point, we could see a major reversal (USD either gaining strength or weakening, depending on the direction).
If the DXY breaks above D Point, the harmonic pattern will fail, and the trend could continue in its current direction.
Where to Watch for Risks:
Look for confirmation signals like divergences or candlestick patterns at the D Point to avoid entering a failed trade.
The DXY is currently in a critical zone, so wait for confirmation before taking action. Be cautious of a breakout above the PRZ (Potential Reversal Zone)!
DXY afternon analysisLong-term analysis of DXY.
Bullish count sees double-combo of March 2008 low, W is a regular flat, X is a zigzag, Y would be a zigzag with target of ~128 and median line of pitchfork to complete wave C of Y.
This move would likely see US10Y targeting 8% in a long-term bond long-squeeze.
2025 DXY ForecastDollar has finally broken out of the range that we have been forming for the past 2 years 2023/2024 to the upside, supporting my previous prediction bullish and I am now confident that we will reach that 115 level if we hold and stay above the support at 107.5, further more I will only look to trade bearish if we break and trade below significant lows like the one at 105.5 if that happens I will be thinking of targeting the 97 area...
DXY - ANALYSISHello, everyone! I hope you're all doing well. Today, I want to share my personal view on the Dollar Index ( DXY ) with you.
Based on what I see from the Dollar Index, I’m expecting a price drop toward the 108.07 level. After DXY reaches that zone, I see two possible scenarios:
👉 Scenario One : The Dollar Index bounces upward from that zone and starts a bullish move.
👉 Scenario Two : If the 107.740 level breaks on the1h timeframe, we could see further downside for the Dollar.
Trade safe
Dollar index is in upchannel with retracementDollar index is in upchannel with retracement. Fundamentally & Technically DXY is bullish till channel do not breaks
It precious metals oil dxy1.3.25 I find it helpful the categorize the market in ways that are more specific than trending or ranging. there are intermediate patterns that can give you solid information including what reasonable targets you can use before you actually start the trade. near the end of the video I stumbled on the silver market which actually triggered long and short trades with relatively small risk....... and one reason you could think as a stop in Reverse traitor in that market because it characteristically has higher volatility than most markets it because 1 point is 1000 of dollars. so if you like action and you don't mind spending more time in front of the screen you can get that from Silver. I am not recommending silver because it doesn't take too many mistakes to lose a lot of capital. in fact gold is not a trade to start out with for the same reasons but I think there is a smaller contract and I know there is a smaller contract for oil which I think is a great Market... so if you start out with oil make sure it's the qm I think.... the smaller contract... half the return but half the risk. always be risk adverse. I spent more time than I should have over 30 minutes for sure... I'm sorry about that, but there are some subtleties to patterns that that are not really that subtle when you look at them with a Discerning Eye. it is possible that the oil will trade higher from its current price and then I would add another range box above the current range box... I did not get to talk about that on this video. on the other hand while I am generally bullish on the precious metals, my gut feeling on gold is that it's going to range for a while until something happens that changes my mind... and that would influence the way I would trade that market.
DXY weekly moveDXY candle has confirmed a short on the weekly. However there is a strong retrace after the break of structure. I am expecting a double top before it falls.
DXY: Bullish reaching 110 levels- Expecting Dollar index to be bullish to the end of the year ,
- On a short-term basis you can see price retested to the demand zone last week and swept the liquidity from the last minor low at 105.600 and closed above with a strong bullish daily candle.
- Next minor high at 106.700 could be a great confirmation for the move so consider closing above that price your final signal.
