- Dollar Index took out Liquidity from its previous swing high and reacted after grabbing Liquidity - Equal Interim highs are now made and the reaction is bearish as well - I expect the next two candles to be red or bearish and the price should continue to fall further, anticipating good numbers from the US it's going to be negative for USD and positive for Stocks/Crypto
As Per daily Price Action Dollar Index Broke Lower Side Range 105 level and Sustain Below and Also Price Cross below 50 Ema And RSI Also Cross Below 40 Which Is not Good Sign For Index . We Can See Further Down move In Dollar Index. Wait For Decent bounce In 1 hour Time Frame It Could Be Good Lower Side positional trade .. Stop loss :- Above 106 Level Target:- ...
TVC:DXY currently at buy zone, can go upto 106 if sustains above 104.733 level
UK100 has a clear 5 wave up from COVID-19 lows. This is either an ABC pattern or a five-wave impulse. In either case, we should anticipate a significant move. Such big moves sometimes come after sentimental extremes or events - which is much awaited. If this transpires, would be led by a commodity-led rally, which would in turn imply a weak dollar, loose...
Chart is self explanatory. Ideal scenario will be a day or two consolidation at current levels which will make the momentum oscillator cool off to 78-82 range. Post this consolidation, we may see the explosive move. And everyone knows, an explosive move in this index means a lot for riskier asset classes. Savndhan Rahein Surakshit Rahein
#DXY 1)The Index is trading above june 8 levels 2) yesterday, it broke and closed above 103.60 which was acting as a strong hurdle closing basis 3)The counter is trading with upward sloping trendline 4) 104.85-105 is nearest ideal testing level now
Price is near support and previously we took support in this zone so expecting bounce from this zone. keep in radar.
FX:USDOLLAR USD can move upwards if sustains above 102.400 level, currently t important monthly weekly support zone and showing rejection for further fall.
NSE:RELIANCE I believe there is a very high chance that Reliance will break this trendline this time. Reliance has been following this trend line Since JAN 2021 and till then it has been tested 2 times April 2021 Sep 2022 and this is the third time Jan 2023 Demand on trendline has been reduced significantly. So the Break of the trendline can happen and bears...
Dollar index chart in daily time frame It has the potential to reach the specified areas and you can use this chart in your personal transactions.
Post Market Analysis, #DXY #Nifty #Niftyauto #NiftyInfra #banks
Beautiful breakout above 92 as shown the related chart below... right now in bullish territory... Important levels marked for next week. Like... Share... Follow...
Post Market Analysis, #DXY #Nifty #Dow TVC:DXY NSE:NIFTY TVC:DJI
Beautiful breakout and then retest and again reaching out to 115+ important reversals marked... Like... Follow... Share....
Probable trajectory of Dollar Index. Levels and trading reversals marked... Happy Economy tracking...
Dollar index has been rising form 96 levels onwards. in all likelyhood to touch 112.5+++ levels soon. resistance and channel marked...
US Dollar Index Buy Setup found accoring to elliott wave analysis, market created elliote 1,2,3,and wlliott 4th wave is running and creating the triangle pattern, as i have discussed with you all. i will be in buy as i analysed us index. Best of luck Traders Trusted Academy