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USD Dollar Basket Index DXZ4 Exp 11/12/2024 23:59USD Dollar Basket Index DXZ4 Exp 11/12/2024 23:59USD Dollar Basket Index DXZ4 Exp 11/12/2024 23:59

USD Dollar Basket Index DXZ4 Exp 11/12/2024 23:59

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USDX trade ideas

DXY $ since 1972, FED Pivots and What now for ALTS coins ?DXY $ since 1972 and Rate Cuts When the FED cuts rates, the $ Drops in value most of the time as can be seen here on the chart below ( I have not "Boxed" the current FED Rate cuts to make it easier to see the PA ) This time it has continued to Rise for a number of reasons. In Fact, ever since that Banking "Accident" in 2008, the DXY has gained in value, on average, but thats another story. FED has said that Cuts may not occur in 2025. This Could once again make the $ a more attractive buy if other markets are falling. Then the $ could Stop being propped up ! Normally, as $ rises, Crypto struggles - again, we have seen BTC rise at the same time as the $ since July this year. It is ALTS that have struggled and this may very well continue. Normally, we wait for BTC/D to drop and then the Money flows into ALTS.. but if the money remains in Bitcoin, the ALT market requires an alternative source of income. Could we see the DXY $ loose that money ? But the pause in Rate Cuts may stop that That War in Finance continues. TradFi Lost round 1 and now Bitcoin is accepted, used, alllowed and is King. This is why the $ Will remain in Bitcoin, ETF's etc. We may see outflows every now and then but certainly Not the amount that drives the ALT market normally. Will we even see a bear market again ? ALTS however, they are the Minions that may yet suffer The War continues and DeFi, for example, needs to step up and REALLY make it self a Lot more user friendly, attractive and bigger gains in use, stake cases. 2025 is going to be very interesting and Volatile Don't Get Burnt. Be Cautious, the gains could be huge....as could the losses
TVC:DXY
by Orriginal
DXY Bearish Setup Update - DXY is currently trading at 105.7 and it exactly got rejected from my POI - DXY looks all set to mitigate 103.8, bringing more upside to all pairs denominated by USD, risky assets like Crypto, and Stocks. - Watch out for 103.8 and 101.9 to expect another leg up from - We have a market structure shift from 103.3 if we flip below that on a weekly TF, we might soon see DXY turning bearish. - DXY can soon show impulsive moves on Monday post bullish commentaries
TVC:DXYShort
by VKtradesimbalance
DXY PARABOLIC SETUP Update- DXY is currently trading at 107.4 - DXY has made a lot of USD-denominated pairs bleed and they are still getting slaughtered - DXY is currently at a point where there's a lot of limit sell stops above the buy side liquidity - Once the orders are consumed we might see another round of Impulse up to the marked displacement of 110-111$ - DXY pumping along with the Equity market, Crypto isn't a good sign there's a negative smart money divergence laying that's trapping and sucking liquidity from retail suckers. - Sit at the sidelines and keep locking in gains until you see DXY flipping its structure to bearish - Retail pattern traders might get flushed when they call this a double bottom.
TVC:DXYShort
by VKtradesimbalance
Dollar Looks Vulnerable : Here’s My Take on What’s Coming Next!Price has recently taken out an Old High and has now reached an Imbalanced price range, which is more evident on the Weekly Timeframe. This move has presented buyside liquidity for sellers by taking out the Old High and simultaneously offered fair value by entering into an imbalanced price range (FVG / SIBI - 1W Timeframe). From here, price may now head lower towards the Draw on Liquidity, with Sellside Liquidity as the next objective, as shown in the chart. This is how I see it, though I’d advise you to do your own analysis.
TVC:DXYShort
by Vulnerable_human_x
DXY Ready to Soar?📈 DXY Analysis & Forecast (US Dollar Index) 🚀 Current Structure: The DXY appears to be in the middle of an impulsive wave sequence based on Elliott Wave theory, currently moving within the 4th wave correction phase. The overall structure shows a clear upward trend, supported by a rising trendline that has consistently held as support. We can observe a potential breakout setup, with a contracting triangle pattern indicating a breakout to the upside. Key Technical Points: Wave Count Analysis: 🌀 Wave (1) initiated a strong bullish move after breaking out of the downward channel. 🔄 Wave (2) saw a retracement, respecting the previous resistance level that turned into support. 🚀 Wave (3) was an impulsive rally, taking the DXY to new highs and confirming bullish momentum. 📉 Wave (4) is forming a consolidation, resembling a bullish pennant pattern, indicating a continuation of the uptrend. Key Support & Resistance Levels: Support: The price is currently holding above the key support zone at 106.20, which aligns with the trendline. Resistance: The next target for the bulls would be the previous swing high at 107.40, which is the completion zone for Wave (5). Indicators & Patterns: 📊 The ascending trendline continues to support the bullish bias. 🔼 A breakout above the 106.80 - 107.00 range could trigger a push towards the 107.40 level. ⚡ Watch for potential fake-outs; a break below 106.20 may invalidate the bullish scenario. 📅 Forecast: The DXY is poised for an upward move as long as the 106.20 support holds. If the breakout above 106.80 is confirmed, we could see the DXY reaching the 107.40 mark, completing the 5th wave of the current bullish cycle. A decisive close above 107.40 might lead to further gains, potentially aiming for the 108.00 level. 📊 What are your thoughts on this setup? Are you bullish on the DXY? Drop yourcomment below! 👇 🔗 Follow for more Forex updates and daily trading insights! #DXYAnalysis #ForexSignals #ElliottWave #DollarIndex #ForexTrading #TechnicalAnalysis #USD #ForexCommunity #TradingForecast #MarketUpdate
TVC:DXY
by forexorbit
US DOLLAR INDEX - TRADE IDEA ON SHORT SIDESymbol - DXY DXY is currently trading at 105.57 My reversal setup has formed in DXY & I'm seeing a trading opportunity on sell side. Shorting DXY at CMP 105.57 I will add more position if 106.00 comes & will hold with SL 106.30 Targets I'm expecting are 104.75 - 104.30 - 103.73 & below. Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading position. You can track it for educational purposes. Thanks!
TVC:DXYShort
by akshit_official
DXY - TRADE OPPORTUNITY ON SHORT SIDESymbol - DXY DXY is currently trading at 104.72 My reversal setup has formed in DXY & I'm seeing a trading opportunity on sell side. Shorting DXY at CMP 104.72 I will add more position if 104.45 comes & will hold with SL 104.75 Targets I'm expecting are 103.25 - 102.75 - 102.15 Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading position. You can track it for educational purposes. Thanks!
TVC:DXYShort
by akshit_official
DXY Analysis: Bearish Trend Signals Potential Drop📊 DXY Analysis (2H Chart) 🧐 The U.S. Dollar Index is currently in a consolidation phase around the 104.50 level after a sharp drop from the recent highs. Let’s break down what the technicals are signaling: 1. Bearish Structure 📉: • The index has been trading within a descending channel, which indicates a prevailing bearish trend. • A significant Cross Doji candle at the top hints at a potential reversal, followed by strong bearish momentum. 2. Key Levels to Watch 🔍: • Resistance Zone: The DXY is consolidating below the 104.60 level, which is acting as a key resistance. Multiple rejections around this area could signify strong selling pressure. • Support Zone: The next major support lies around the 103.60 level, aligning with the lower boundary of the channel. 3. EMA Dynamic Resistance 💡: • The 50-period EMA (green line) is currently acting as a dynamic resistance. A sustained move below this EMA can add further downside pressure. 4. Potential Scenario 🔮: • If the DXY fails to break above the 104.60 resistance, we could see a drop towards the 104.00 level initially. • A break below the 104.00 support might accelerate the move toward the 103.60 zone, completing the bearish leg. 📉 Bearish Outlook: Unless we see a breakout above the consolidation zone and a close above the descending channel, the bias remains bearish for the DXY in the short term. 🔗 Follow for more daily updates on forex market analysis! #DXY #DollarIndex #ForexAnalysis #TechnicalAnalysis #USD #TradingSignals #ForexTrading #ForexTrader #PriceAction #TradingStrategy #ForexMarket #USDIndex #CurrencyTrading #MarketAnalysis #TradingView #ForexLife #FinancialMarkets #DayTrading #SwingTrading #ForexCommunity #TraderLife #ChartAnalysis #TradingPsychology #Investing #ForexTips #TradingSetups
TVC:DXY
by forexorbit
DXY gearing up for a big fallDate: 30 Oct’24 Symbol: DXY Timeframe: Weekly US Dollar Currency Index currently seems to be in final stages of Wave (e) of B. One more leg up and DXY will be ready to head lower sharply and in a big way. It is likely to head towards 90 and lower. This also means with DXY treading lower, Nifty is likely to witness an up move. This is not a trade recommendation. Please do your own analysis. US Dollar Currency Index vartamaan mein Wave B (e) ke antim charan mein lagta hai. Ek aur pair upar aur DXY teji se aur bade paimaane par neeche jaane ke lie taiyaar hoga. Iske 90 aur usase kam kee or badhane kee sambhaavana hai. Iska matalab yah bhee hai ki DXY ke nichale star par chalane se Nifty mein teji dekhne ko mil sakti hai. Yah koi trade karne ki salah nahin hai. Kripya apana vishleshan khud karen.
TVC:DXYShort
by DhandhaPaani
1
The Great Debate: Which PD Array is the Best?There’s been an ongoing debate across social media platforms about which PD array is the best in the PD Arrays matrix. Influencers have taken sides, with some giving more attention to certain arrays, claiming they’ve mastered it better than others. You’ve probably seen posts like "OB > FVG" or "FVG > everything" floating around. But let’s be real here, the names behind these claims aren’t worth mentioning, because it only adds more attention to those chasing the hype. The real credit belongs to ICT, the mind behind these concepts. So let’s redirect our focus to where it belongs. Which PD Array Is Actually the Best? Take a good look at the PD Array matrix again. Now, if you truly understand the PD array matrix, you wouldn’t be asking, “Which is the best?” The answer is literally in front of you. Here’s a little tip: The arrays are listed in a specific order, and that order is crucial. They’re designed to form in the sequence you see in the matrix. Food for Thought Instead of me flat-out telling you which PD array is the top dog, let’s do a little mental exercise that will help you figure it out yourself. Ready? Imagine you're a market maker. You’re getting ready to enter a short position, and naturally, you're greedy. You want maximum returns as quickly as possible. The question is: Which premium array would you pick for placing your orders in the most efficient way, ensuring you make the most money in the shortest time? Think about it. The answer should be obvious now. Got it? Perfect. Now you know which PD array might have the edge over others. It’s not about someone else telling you - it’s about understanding the logic behind how they work and how they fit into the bigger picture. Final Thoughts Thank you for taking the time to dive into this topic with me. I hope this post got your mind working in the right direction. And remember, understanding the PD Array matrix is more important than chasing whatever’s trending online. The more you think critically about these concepts, the better your trading decisions will be. See you again soon with another post filled with more valuable insights!
CAPITALCOM:DXYEducation
by Vulnerable_human_x
"Update on the upcoming before the Fed - interest rate cutsMany people have asked me about my view on how the Fed's interest rate cuts will impact the market. I have a few thoughts on this, but please note that these are just my personal opinions and should not be considered as trading recommendations! In the chart, I’m displaying two lines: - Red: Federal Funds Rate - Blue: Unemployment Rate If you look back at history, each time the Fed cuts rates, it typically coincides with economic troubles, although the signs may not be immediately apparent in the early stages. Initially, Powell’s objective was to combat inflation and achieve a soft landing, but in his most recent speeches, the focus has shifted to stabilizing the economy. This indicates a change in the Fed's assessment of the economic situation, which concerns me as it suggests that we could be heading towards a recession. History supports this perspective, as the unemployment rate is one of the clearest indicators of recession. Other accompanying metrics, such as GDP, also matter, but during this period, the CPI holds less value for assessing the economic landscape. In my opinion, it’s just a matter of when the recession will occur. We’ll need to wait for a few key indicators over the next two to three months. This article is meant for everyone to evaluate the current economic situation. The next article will update on asset classes like Gold, BTC, and stocks, and how they might perform during a recession." Let me know if you need further assistance!
TVC:DXYShort
by Finn_Rm3x