DXY / USD - JOURNAL - ACTIVE SERIES

Updated
This is an ACTIVELY managed BLOG CONTRIBUTION, which will be UPDATED DAILY with comments and trade ideas.

| This way, I generate a SERIES for you, where you, as a reader, can - ACTIVELY - learn from the analyses, decisions, & interactions |


In the following analysis, I highlight a possible SHORT / LONG scenario in the > DXY <

  • We focus on the technical KEY points and KEY areas which will be relevant in the next hours & days.

  • The highlighted scenario is supported by the higher timeframes, which we are ACTIVELY monitoring in an existing post.

  • This can be found under the following name: "DXY - HTF JOURNAL - WEEKLY SERIES" (Listed under this post at "RELATED IDEAS")

  • As soon as the temporary direction of the price emerges, I will update the post accordingly, with entries, stop-loss & take-profit levels.



How do I save an idea so that I receive a notification when it’s updated?

snapshot


MARKED POINTS OF INTENTION (POI)

  • We are at a superior "Point of Interest", which is the "Higher Low" from the year 2000 (105,560). This point is just fought over in the "higher time intervals" (day or week) and is decisive for the following direction of movement.

  • (LONG) If this point is successfully broken, the next target would be the "Higher High" from 1989 (106,560).

  • (SHORT) If the market cannot conquer this level, then the next "HTF Support Level", the "Higher High" from 1999 (104,880), will come into play.

  • In the smaller timeframes, a consistent momentum loss can be seen, which, however, does not have a heavy weighting in the valuation because we get a new "NEWS event" almost every day this week. For this reason, it becomes very volatile in the market, and every day it requires a re-evaluation.


# Positioning after confirmation of this thesis = LONG & SHORT


Z - Don't let the noise blind you; recognize its face and use it for yourself - Z

| ZielIstDieAutarkie |



If this idea and explanation have added value to you, I would appreciate a COMMENT or BOOST very much.
Thank you and happy trading!

Z

Note
! CAUTION ADVISED !
> NEWS RELEASE IN 45 MINUTES =„ISM Manufacturing PMI“<
Note
Unfortunately, I made a mistake and displayed next week's "Dates & News".
> The following chart represents the "THIS WEEK" relevant dates.

snapshot
Note
LEVEL UPDATE
snapshot
Note
To get an informed idea of what price levels could potentially be reached, I invite you to take a look at the following post. In it, I have marked the prominent key areas and zones of the higher timeframes (HTF) that could be of significant importance in the coming week.

DXY – HTF JOURNAL - WEEKLY SERIES
Note
! CAUTION ADVISED !
> News Release in – 4 HOURS (USD) -:- CB CONSUMER CONFIDENCE -:-
Note
| RESULT INFLUENCE |
> The published data turned out -:- NEGATIVE -:- for the USD.
> This removes, from the FX majors & correlated markets, the selling pressure "TEMPORARY".

* As soon as the weakness in the DXY is confirmed, one can position -:- LONG -:- until the next NEWS release. *
Note
LEVEL UPDATE
snapshot
Note
-:- NO RELEVANT NEWS WILL BE PUBLISHED TODAY -:-
> The price will follow its normal price action without significant liquidity <
Note
LEVEL UPDATE
snapshot
Note
! CAUTION ADVISED !
> News Release in – 2 HOURS (USD) -:- FINAL GDP Q/Q -:-
> News Release in – 2 HOURS (USD) -:- UNEMPLOYMENT CLAIMS -:-
Note
| RESULT INFLUENCE |
> The published data turned out mostly -:- POSITIVE -:- for the USD.
> This increases, in the FX majors & correlated markets, the selling pressure "TEMPORARY".

* Once the strength in the DXY is confirmed, one can position -:- SHORT -:- until the next NEWS release. *
Note
LEVEL UPDATE
snapshot
Note
! CAUTION ADVISED !
> News Release in – 1 HOURS (USD) -:- CORE PCE PRICE INDEX M/M -:-
> News Release in – 2,5 HOURS (USD) -:- REVISED UOM CONSUMER SENTIMENT -:-
Note
| RESULT INFLUENCE |
> The published data turned out mostly -:- NEGATIVE -:- for the USD.
> This removes, from the FX majors & correlated markets, the selling pressure "TEMPORARY".

* As soon as the weakness in the DXY is confirmed, one can position -:- LONG -:- until the next NEWS release. *
Note
! CAUTION ADVISED !
> News Release in – 1 HOURS (USD) -:- ISM MANUFACTURING PMI -:-
Note
| RESULT INFLUENCE |
> The published data turned out -:- POSITIVE -:- for the USD.
> This increases, in the FX majors & correlated markets, the selling pressure "TEMPORARY".

* Once the strength in the DXY is confirmed, one can position -:- SHORT -:- until the next NEWS release. *
Note
! CAUTION ADVISED !
> News Release in – 2.5 HOURS (USD) -:- JOLTS JOB OPENINGS -:-
Note
| RESULT INFLUENCE |
> The published data turned out -:- POSITIVE -:- for the USD.
> This increases, in the FX majors & correlated markets, the selling pressure "TEMPORARY".

* Once the strength in the DXY is confirmed, one can position -:- SHORT -:- until the next NEWS release. *
Note
! CAUTION ADVISED !
> News Release in – 1,5 HOURS (USD) -:- ADP NON-FARM EMPLOYMENT CHANGE -:-
> News Release in – 3 HOURS (USD) -:- ISM SERVICES PMI -:-
Note
| RESULT INFLUENCE |
> The published data turned out majority -:- NEGATIVE -:- for the USD.
> This removes, from the FX majors & correlated markets, the selling pressure "TEMPORARY".

* As soon as the weakness in the DXY is confirmed, one can position -:- LONG -:- until the next NEWS release. *
DXYeducationHTFTechnical IndicatorsMultiple Time Frame AnalysisTrend AnalysisUSD

Also on:

Related publications

Disclaimer