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DX.F trade ideas

Dollar weakness continuesDXY CMP 100.939 Elliott- thats a zig zag corrective pattern. The C leg which is very fast and steep is underway. Fibs- Two tgts one at 96 and the other at 93. We will look at our indicators at these zones for reversal. Channel - The lower support channel is around the 93 fib support. MA-the longer Ma support is around the 93 /89 zone. So that zone is a high prob reveral zone. Conclusion - weakness in dollar means good for the emerging equity mkts. Good for commodities and of course precious metals. So focus on them.
TVC:DXYShort
by singh17vivek
DXYDXY cmp 101.759 this is a monthly chart of DXY, looking at the chart , this is the wave counts comes to me.. DXY have completed its 5 waves, wave A and most probably wave B and is ready to move towards the down targets as marked with green line... those are targets 1 and 2 ... if this wave B is not over... it can move up towards upward target marked by red line ..(that is if at all wave B is not completed), and after completing wave B , it would go and touch downward levels.. ONLY and ONLY after that I believe.. we would resume up trend ... Just a View! Vedng!! Disclaimer: Chart is for study purpose only!!!
TVC:DXY
by VedangsStudy
DXY : Strong DownHello Traders, 📈 DXY chart review : DXY ~ USD index strength You can see, my analysis before here : And Now, I still recommend it will down more - H4 chart is downtrend, price is bellow 3EMA - H1 is prepair make a H&S 🎯In my trading opinion: - I recommend that it will move down continuously 📚 Remember that: Always follow your trading plan regarding entry, risk management, and trade management. Follow me to update lastest plan for any trades ! Thank you and Good luck!
TVC:DXYShort
by PhuThongTrader
DXY 1 D - ANALYSIS 10 AUG 2024 Definition: Explain what the DXY (US Dollar Index) is and how it measures the value of the US dollar against a basket of major foreign currencies. Importance: Highlight why the DXY is a crucial indicator for forex traders, investors, and economists. 2. Market Analysis Current Trends: Present recent trends in the DXY, including historical data and recent movements. Technical Analysis: Use charts and technical indicators to analyze patterns that suggest a potential decline in the DXY. Include tools like moving averages, RSI, MACD, and support/resistance levels. 3. Economic Indicators Impact of Economic Data: Discuss how economic data (like GDP growth, employment figures, and inflation rates) affects the DXY. Federal Reserve Policies: Explain how interest rate changes and monetary policy from the Federal Reserve influence the DXY. 4. Global Factors Geopolitical Events: Examine how global geopolitical events, such as trade wars, political instability, or international conflicts, can impact the DXY. Comparative Currencies: Compare the US dollar’s performance with other major currencies like the Euro, Yen, or Pound. 5. Risk Management Risk Factors: Outline potential risks involved in selling the DXY, including unexpected economic announcements or geopolitical events. Strategies: Offer strategies for managing risk when betting against the DXY, such as setting stop-loss orders and diversifying investments. 6. Case Studies Historical Examples: Provide case studies or historical examples where selling the DXY proved profitable or unprofitable. Analyze these cases to offer insights into current market conditions. 7. Expert Opinions Interviews: Feature insights from financial analysts, economists, or trading experts who can provide professional opinions on the DXY’s future. Market Sentiment: Summarize current market sentiment and how it aligns with or contrasts against your position on selling the DXY. 8. Actionable Insights Investment Strategies: Suggest specific trading strategies for those interested in selling the DXY, such as short selling, options trading, or futures contracts. Tools and Resources: Recommend tools, platforms, or resources that traders can use to track DXY movements and execute trades. 9. Conclusion Summary: Recap the key points discussed and reinforce why selling the DXY could be a profitable strategy. Charts and Graphs: Use visual aids to illustrate trends, technical analyses, and economic impacts. Infographics: Create infographics to simplify complex information and make it more accessible. Videos/Webinars: Host video analyses or webinars to provide a dynamic and engaging way to discuss DXY selling strategies.
TVC:DXY
by Greenfireforex
DOLLAR UP! EURO DOWN!DXY 107.00 Next Target! The yen dropped to its lowest level since 1986 against the dollar on Wednesday, keeping currency markets alert for any signs of intervention from Japanese authorities to boost the beleaguered currency. The U.S. dollar USDJPY was trading at 160.39 yen, a level last seen in December 1986, as the yawning interest rate gap between the two countries continued to hammer Japan's currency. Analysts said traders were testing the resolve of Japan's Ministry of Finance and central bank, who spent $62 billion in late April and early May to support the currency when it fell past 160. "Unless the underlying dynamics change with the yield differential, it keeps getting punished," said Joe Tuckey, head of FX analysis at broker Argentex. So-called carry trade strategies, where investors borrow in a low-yielding currencies to invest in higher-yielding ones, have become hugely popular as some countries have raised borrowing costs in recent years.
CAPITALCOM:DXYLong
by FXBANkthe8055