DXY_4HEverything is mentioned on Charts. Wish you Happy & safe Trading. Trade as per your own RISK Please Note: My studies are for educational purpose only. Please consult your financial advisor before Trading or Investing. I'm not responsible for any kinds of your Profits & Losses.Longby everything_smc1
#DOLLAR INDEX (DXY)Dollar index is done with upside. Looking good for a tgt of 105.360 in coming days. Chart is self-explanatory.Shortby AVINASH_ISBUpdated 224
DXY move down !!The dollar turned lower and sterling rose to its highest in more than two years on Friday after Federal Reserve Chair Jerome Powell gave an unambiguous signal that the long anticipated U.S. interest rate cut would come next month.Shortby FXBANkthe80554
Dollar Index (DXY) 2024-2025 Elliottwave Cycle As shown in the chart from Years 2008 to 2022 5 wave cycle from $71 to $115 is completed. After five waves there is an ABC correction. Here we can see five impulse waves inside the "A" wave so it may Zig-Zag ABC Correction. We know Zig-zag correction's "C" wave is fast and deep. Forecast of "C" wave 123.6%(A) is near $89 & 161.8%(A) is near $85. So the DXY may Bear up to $89 or $85. Editors' picksShortby Elliottwave-Edge4454
DXY Possibly To Reverse Soon#DXY If Supports Thus Weekly Moving Average Zone Probably We Will Eye some Reversal From HereLongby Mayur_Jain113
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! Shortby PhuThongTrader4
DXY : Maybe move downHello Traders, 📈 DXY chart review : DXY ~ USD index strength - 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!Shortby PhuThongTrader224
DXY Down trend on D1.US economic indicators are showing signs of worsening in recent months. Is this a factor that will cause the FED to accelerate the process of lowering interest rates to support the economy?Shortby cuong69692
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.by Greenfireforex3
The Dollar bear market is hereAn impulsive move lower in the dollar index is underway. We are at a critical support from previous bottoms at 102.10. This trendline is the lower end of a triangle pattern below which the dollar bear market gets more credible and broader acceptance. Wave-wise, wave 3 unfolds, and only wave iv of 3 develops. Many more legs lower will show up with a lot of subdivisions.Shortby indiacharts119
DXYI see this for DXY, supporting my bias for EU and other pairs against the USD. Will se how this week goes. Lots of fundamentals and bad situations around the world. Stay safe, trade well and God Bless you! TShortby Tilen_FX8
US junk bonds could be best bet in fixed income in H2Nasdaq slides >2%, S&P 500 falls >1%, Dow rises modestly Staples lead S&P 500 sector gainers; Tech weakest group Dollar, gold, bitcoin dip; crude rallies >2% U.S. 10-Year Treasury yield edges down to ~4.16%US junk bonds could be best bet in fixed income in H2Longby FXBANkthe80556
Dollar weakness aheadDXY CMP 104.087 In continuation of my analysis of CRB Index... I stated that CRB index is bullish and dollar is weak. Here is a chart that shows that the dollar Index is all set to fall.Longby singh17vivek5
DXY VERY SOON CHANGE GEARS TOWARDS BUYSIDE LIQUIDTYas per my view in coming weeks DXy will dips in WEEKLY FVG and most probably change gears to take all buysidfe liquidity but a big bearish candlle will form this week from 15th july to19th july clearing all sellside liquidity first . Longby nawazasbah2510
REVOLVING CREDIT +$7.0 BLN IN MAY FROM APRILUS CONSUMER CREDIT: REVOLVING CREDIT +$7.0 BLN IN MAY FROM APRIL; NONREVOLVING CREDIT +$4.4 BLN IN MAY FROM APRIL. Nasdaq green, S&P 500 inches up, Dow slips Tech leads S&P 500 sector gainers; Comm Svcs weakest group Dollar ~flat; crude, gold off decline; bitcoin ~flat U.S. 10-Year Treasury yield unchanged at ~4.27% UBS SAYS PRESIDENT BIDEN NOW HAS 10% CHANCE OF WINNING AND SWEEPING CONGRESSShortby FXBANkthe80554
DXY 1D Timeframe ProjectionDXY 1D Timeframe Projection DXY - Data Global forecasts say it will decline. Yes, it may, but the dollar is still rising today. DISCLAIMER: All labelling and wave counts are done by me manually and I will keep changing according to the LIVE MARKET PRICE ACTION. So don't be bias, hope on my trade plans...try to learn, and make your strategy... Following is not that easy...Longby institutional-trader-community7
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.Longby FXBANkthe80554
DXY dollar index trading in triangleDXY weekly chart. wave A completed at 99.57 wave B up in progress and triangle pattern is forming with contraction of range over a period of time. Wave B is time consuming and one should wait patiently for impulse down Wave Cby MDstockmagic5
DXY BULLISH FOR A WHILEI see DXY buying to raid the previous high and and liquidity sitting above it. Dollar might be strong against other pairs, after filling the imbalances below the current price. My Suggestion Though! Longby Heedar_Funds10
DXY Index FOMC predictionAs DXY goes higher, higher will be Inflation Risk! This MIGHT push DJI and NASDAQ down! Creating pressure in Indian Index for a day or 2by chirag_shewale7
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. 🧠💡 Share your unique analysis, thoughts, and ideas in the comments section below. I'm excited to hear your perspective on this pair . 💭🔍 Don't hesitate to comment if you have any questions or queries regarding this analysis.Longby okako_trading3
Technical Analysis Update: DXY & Bitcoin Price Correlation Technical Analysis Update: DXY & Bitcoin Price Correlation DXY Overview: The US Dollar Index (DXY) is currently trading at a pivotal support level of $105. This level is crucial as it has played a major role in dictating the next moves for Bitcoin. Bitcoin Price Implications: If DXY Bounces: Should the DXY rebound from the $105 support level, we might see a bearish impact on Bitcoin, potentially driving BTC prices down towards the $50,000 mark. If DXY Breaks Down: Conversely, if the DXY fails to hold this support and breaks below $105, it could signal a bullish scenario for Bitcoin, with price targets possibly reaching up to $75,000. What to Watch: Traders should keep a close eye on the DXY's behavior at the $105 support. A confirmed bounce or breakdown will be pivotal in setting the next direction for BTC prices. Action Steps: - Monitor DXY closely for any signs of reversal or continuation patterns at the support level. - Prepare for potential volatility in BTC prices in response to DXY movements. Stay Tuned: Follow for more updates.Longby CryptoPatel2
DXY SellIt's Clear formation of rising channel to fall yet 4h Confirmation need before FallShortby Greenstone97Updated 6