Dollar gradually gaining strength...Dollar out of the falling channel..... Gradually approaching 108-110 levels.... Might consolidate there for a while.... Till it breaks out of the triangle...
DXY trade ideas
DXY MULTI TIME FRAME ANALYSISHello traders , here is the full multi time frame analysis for this pair, let me know in the comment section below if you have any questions , the entry will be taken only if all rules of the strategies will be satisfied. wait for more price action to develop before taking any position . I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied...
Keep trading ❤️
Hustle hard ✅
Dollar Index (DXY) predictive analysis with future paths in DCB.Dollar Index (DXY) currently trading in between downward trend channel. Presently at Resistance and will go downward to maintain the drawn channel. Here showing predictive two paths as per present price action and supply demand zones.
DXY MONTHLY CHANNEL RESISTANCE ZONEDXY - LAST HOPEs - MULTI YEARS TREND LINE BREAK OUT ON THE CARD. 🦦
HORIZONTAL RESISTANCE 120-121 🦉
1. if weekly/monthly not Break 112.24 than we can see again 104-102.
2. if resistance break than it can go 118 122 130 136+++
HIGHER HIGH HIGHER LOWDXY is making higher high and higher low on monthly chart. It has bounced exactly from last swing resistance. If it holds 102 on monthly closing basis then 120-122 is feasible in coming 6-9 months. Not good for equity and commodities. Pressure will be on countries highly dependent on import. Break of Feb month's high will be first confirmation that bottom in DXY has been formed.
DXY MULTI TIME FRAME ANALYSISHello traders , here is the full multi time frame analysis for this pair, let me know in the comment section below if you have any questions , the entry will be taken only if all rules of the strategies will be satisfied. wait for more price action to develop before taking any position . I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied...
Keep trading ❤️
Hustle hard ✅
DXYPrice approach at area of value and break main key level in monthly timeframe we expect price move to next resistance
DXY BreakoutDXY breakout from resistance. Next target 108. Emerging Markets and Euro Zone/ Japan currency will be in trouble. USDINR may also break 83 levels soon. Once USDINR breaks 83.15 levels, 84 will very soon.
DXY BULLISHPROPERLY DYX IS bouncing from the weekly support, macro data is also not good if it rally upwards total crypto, gold and stocks everything will start bleeding.
#Bitcoin #nft #bnb #eth #btc #BSC #Binance #trading #altcoins #cryptocurrency #crypto #sol
DXY MULTI TIME FRAME ANALYSISHello traders , here is the full multi time frame analysis for this pair, let me know in the comment section below if you have any questions , the entry will be taken only if all rules of the strategies will be satisfied. wait for more price action to develop before taking any position . I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied...
Keep trading
DXY chart in 4H timeframeIt seems like the CPI will be lower and the dependency on USD will decrease people will sell the dollar to buy the assets.
Bonds prices will go lower and GOLD SILOVER Bitcoin prices will go up.
DXY MULTI TIME FRAME ANALYSISHello traders , here is the full multi time frame analysis for this pair, let me know in the comment section below if you have any questions , the entry will be taken only if all rules of the strategies will be satisfied. wait for more price action to develop before taking any position . I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied...
Keep trading ❤️
Hustle hard ✅
DXY Five impulse after 4th wave correction Date : 9th Feb 2023
Textbook 5 impulses completed @61.8(0-3) and 61.8% correction of five impulses.
Entry @ 103.235 with SL 103.135 pip
Target 104.950
DXYDxy showing uptrend nature.
there is an important price zone.
next, price will touch on it.
Use proper risk management.
Thank you
DXY MULTI TIME FRAME ANALYSISHello traders , here is the full multi time frame analysis for this pair, let me know in the comment section below if you have any questions , the entry will be taken only if all rules of the strategies will be satisfied. wait for more price action to develop before taking any position . I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied...
Keep trading ❤️
Hustle hard ✅
Descending wedge pattern on DXY before Friday dataThis pattern seems bullish on DXY on H4 before the Friday data .Gold is also facing resistance at 1930-35 levels .
DXY LOOKS BULLISHDOLLER INDEX looking bullish so i am excepting prices of btc, stocks and gold will take some point of correction.
#Bitcoin #nft #bnb #eth #btc #BSC #Binance #trading #altcoins #cryptocurrency #crypto #sol
USDINR and DXYDXY broke the trendline in nov22. Now USDINR is also near the trendline. Is DXY projecting the future of USDINR. There is always some lag between the two. Overall it is an important time to analyse and make money.
DXY DowntrendOn Weekly Basis:
Dollar Index (DXY) reversed from high of 114.77 There is a support at 102 on weekly charts. DXY entered into bear cycle as there is a Death Cross where 50 DMA crossed over 200 DMA downwards. One can be cautious and it may provide a good chance of pullback in bear cycle. It is a sell from long term point of view. There is a death cross over at 200 DMA, happened on 1st week of January, 2023. It is reaching an oversold position. It may pullback to 104.50 but charts look very pessimistic.
Warning and Disclaimer:
Above prediction should not be taken as financial advise, it is a personal opinion.
Consult your financial advisor.
Investment is subject to market risks.
Past performance is not the guarantee for future performance.
It is for educational purpose only.
Very Crucial Level for Dollar #DXY #Dollar #Gold #XAUUSD 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
