dxy may go downas there is clear cut rsi divergence on daily chart where price is moving up but rsi is going down which indicates that dxy will go down in coming days till 100.5
USDX trade ideas
DXY LONGDXY is bullish and currently retracing , we can plan a long trade at golden zone.
we will only plan short after a daily close below 105.700.
BUY DXYn my opinion, I am looking to BUY , which is a strong buy support. It is not advisable to enter without confirmation from a lower TF.
dxy price predicition 106 possible !!dxy just made new recent high by sweeping some old liqiuidity with single bar
104.800 - 104.950 will act as fair value area for long traders and 106 and 107.200 is the unotuched bearish order block
this will be new range
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.
dxy dollor index xabcd pattern updatehighest point expect 106.50-107 s per daily chart after hit lvl may be dwn side correction 105.50--104 expect 107.50 another hurdel for nxt 111++++++ if this pattern active thna gold dedcat bounce expected from 1875 to 1900++++ let see lvl first
Bullian will kill the bulls 😳😳😳😳😳Dxy sustainability is very critical for metal
Gold and silver is looking very weak 👎
My target in dxy is 108
Trend is about to get strongerChart is self explanatory.
Ideal scenario will be a day or two consolidation at current levels which will make the momentum oscillator cool off to 78-82 range.
Post this consolidation, we may see the explosive move.
And everyone knows, an explosive move in this index means a lot for riskier asset classes.
Savndhan Rahein Surakshit Rahein
DXY AnalysisDXY has tested a daily resistance level. Now if it want to continue it's uptrend , it can take support from golden zone or the lower support level to continue the trend . If these support levels are broken then we can start planning shorts.
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.
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.
US DOLLAR analysis Trade Idea:
📍 Entry: 🎯 Target: ⛔ Stop Loss: (MARKED IN CHART)
💡 RISK REWARD 1 : 3
💰 Risk 1% of your trading capital.
⚠️ Markets can be unpredictable; research before trading.Disclaimer: This trade idea is based on Elliott Wave analysis and is for informational purposes only. Trading involves risks; seek professional advice before making any financial decisions.Informational onLY !!!!
DXYShort term trade is possible
Still market not took the liquidity and correction..
Target 104.000
If it goes our prediction all usd market goes down.
Take 1% risk every trade
All the best.
keep an eye on dollar fresh support for break downCAPITALCOM:DXY can be sell opportunity if breaks support and retests it as resistance for further down movw
dxy sellTrade Idea:
📍 Entry: 🎯 Target: ⛔ Stop Loss: (MARKED IN CHART)
💡 RISK REWARD 1 : 3
💰 Risk 1% of your trading capital.
⚠️ Markets can be unpredictable; research before trading.Disclaimer: This trade idea is based on Elliott Wave analysis and is for informational purposes only. Trading involves risks; seek professional advice before making any financial decisions.Informational onLY !!!!
DXY playing as a indicator for usd paira sharap rejection from 104 zone which is a good resistance for dollar index
we can see its effects on usd pair currency and can take confluence confirmation if dxy break its higher low of 103.200
usd dollor index crucial update blw upcoming adap dataas per today jolts open data looks again scary move in dxy index eyes on 103.20 if sustain blw thna expect 103--102.80++ now fresh rally abv 104 only tone belt. if this happen think wht nxt in gold spot or crude looking hot only. more lvl will update soon
DXY long from 103.37DXY is moving in a channel and next once it hits 103.37 it has a chance to reverse.
First we need to make sure it rejects from the above mentioned point on 15M candlestick. Next check the same on 1HR.
Suggestion, Alwasys use 2HR 4HR and 1D for analysing and use 15M candle chart for entries.
Please do like and follow if you like my chart and encourage to share more ideas.
DXY Analysis if we get a daily close above 104.700, then the next target can be 105.700. The other possibility is it rejects from current resistance level and continue the downtrend on higher timeframe.
dxy analysistargets green
entry point blue
sl red
..RRR 1:2 , 1:4
Considering the ABC correction wave in DXY, a potential short opportunity arises during the B-wave's rebound. This setup offers an attractive risk-reward ratio, targeting the expected C-wave decline. Caution: Monitor closely for any sudden changes.
dxy analysis #DXY
1)The Index is trading above june 8 levels
2) yesterday, it broke and closed above 103.60 which was acting as a strong hurdle closing basis
3)The counter is trading with upward sloping trendline
4) 104.85-105 is nearest ideal testing level now
