Big Blow To DXY Weekly Close Below 105.95 Trouble Will Arise. SL - 107.35 Stay Cautious With US Market.
The DXY chart on the 1D frame formed a bullish leaf, but yesterday DXY had a false breakout, so it is likely that today DXY will tend to decrease, tomorrow there will be news of Non-Farm Employment Change, if the news is bad, DXY may dropped to 104.28, on the 1D chart stochastic is in the overbought area and is trending down, RSI is also trending down. On the H4...
Yesterday DXY fell quite strongly and today the 1D DXY frame is likely to fall forming a head and shoulders pattern, on the daily chart the histogram has begun to gradually decrease and the stochastic has left the overbought area and is showing a downward trend, at The H4 stochastic chart is below the oversold area and the histogram has a negative value, so DXY...
Dollar index is done with upside. Looking good for a tgt of 105.360 in coming days. Chart is self-explanatory.
Early sign as DXY index breakdowns from rising wedge on hourly chart. More confirmation after breakdown from marked level. Also we can see negative divergence on Hourly Chart.
According to my analysis, the next target of dxy will be 101.465 -97.304 -93.600 good luck
Dollar index is at crucial levels, Further data of economies will impact on either side. consolidating in compact range.
Hello Friends, Here we have shared possible Elliott wave counts plotted on chart of U.S. Dollar Index - DXY on daily time frame, which clearly indicates that after top of September 2022 we are in corrective phase as per Elliott wave structures, and as per wave counts we can see that we had completed wave ((3)) and now possibly we are in second half of wave ((4))...
Very Crucial Level for dollar #DXY if its returned from this level we may see big rally and supose if it breakdown this level there will be very deep downside and #Gold XAUUSD will rise to new high if dxy break this multi week demand zone . Trendline is already broken lets see wether dollar takes support here or not . #Dollar #Gold #XAUUSD
This is a daily analysis you can go short keep your stoploss above the red candle and continue to 2 target given the target is of 1% all the best Happy Earnings...
DXY index showing bearish move.it can be reverse by making W apttern so safe entry will be at notch of the flag 110.147 and can placed stop loss at 111.145..target will be at golden line.so make your position as per your risk appetite.
Hello Traders, Hope you all are doing good!! I expect DXY to go Down. Look for your SELL setups. Please follow me and like if you agree or this idea helps you out in your trading plan. Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management. Market can evolve anytime, hence, always do...
This is a long term analysis on TVC:DXY . Dollar has a strong supply area around 98. As long as 103 isn't crossed, we can expect lower levels of 80 soon. Considering global macro factors, this is a strong possibility. The rub off of this would be huge on other linked currencies. One can keep a watch on this in coming months. Disclaimer : This is a long term...
Hello traders, Dollar Index ( DXY ) in daily timeframe , this analysis has been prepared in daily timeframe but has been published for a better view in 2 day timeframe. In the wave count that was performed at higher times, a progressive trend was formed and from this trend, waves 4 and 5 remain. Wave 4 was originally intended as a flat, but wave c , which we have...
DXY spot cmp 95.704 CIP levels of resistance Parallel channel resistance levels multiple harmonic pattern maturity resistance RSI divergence All study indicate resistance at current levels.. time for reversal...
DXY Forecast IMO Give a Like and Feel free to share your opinions in the comment! Happy Trading 😊
dxy is speaker pattern blue lines are key....entry exit these line using and stoploss and target