DXY ANALYSIS It's time to buy opportunity for DXY , Fibonacci retracement of Target expect at 50, 61 percentage
DXY trade ideas
US DOLLAR BRACKOUTThis is the real tension of the Indian Stock market, the us doller currency index breakout in the all time hight
SUPER BULLISH DXY = RED ALERT TO RISK ASSETTSAll the levels we could see on dxy are mentioned on chart
super strong trend
will not be good for risk assetts
specially bitcoin
stay cautious
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 next stopdollar index next stop could be 112
macd cross is looking good for uptrend
still resistance didn't break
it could be next 2% upside
Dollar Index Breakout or Breakdown ??Dollar Index Breakout or Breakdown ??
Whats your view members ??
#commodities #gold #silver #copper
Will fire cool off bit ?will it pulls down throttle for some time ?
according to TA it should, seen divergence in 1 hr and on 4 hr tf it is under formation.
lets see!
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DOLLAR TO 109-112 ??? Dollar is moving in an downward parallel channel , so If it breaks above it , then I am expecting a rally to 109 or possibly 112 , which means more downside for btc and stocks . Lets see how it plays .
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 near a make or break zone!TVC:DXY
As we can see in the chart, DXY has broken the most recent low which is an early indication of a downtrend. If DXY takes support in this region, we could see a good support being formed. The question is, how does it affect affect the stock market and economy as a whole.
Firstly, we need to understand the correlation between DXY and the stock market. Generally, when DXY moves down, the stock market goes up and vice versa. Considering the markets are at an important juncture, I will wait for some confirmation on the trend. If DXY breaks down, my bias will change from bearish to bullish on the stock market. To trade this bias, we need another confirmation on the Nifty50 chart. You can find the Nifty 50 analysis on my next post.
With the inversion in 10Y-2Y bond yields( Indication of recession), DXY falling and stock markets going up- there isn't any clear direction for me. I will wait for a couple of days to get my confirmation and then enter trades. It is always better to sit on cash and protect your capital if the markets aren't making sense to you!
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#trading #forex #dxy #recession #economy #avz #avztrades
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 ✅
USD BULLISHusd is showing inverted head and shoulder and has retraced after a big rally seeing certain bullishness and a smaller breather we can expect bullishness from 106.300 levels
Decision Time ....Dxy tested this trendline on daily time frame ....if breakdown then more decline and if hold then we can see bounce from here .
Gold is watching this level from 1770-80 area .If dxy decline from here we can see 1800 soon on gold .
DXY: just 3.7 % down DXY is down just 3.7% from its highs and all its counterpart are behaving like the Fuel in DXY is over. There is no sign support broken on DXY 103.5 and 101.4 are the immediate support level. Once these support level got breached then only we can say that DXY has done with the top for the short term.
DXY set for Decisive MoveOn Daily Basis:
US Dollar Index (DXY) is correcting after it achieved the target of 109.29 as predicted in earlier published idea. 105.50 is a near term support level which is a test of DXY for further next decisive move. The trend is bullish right now and it should take the support of 105.50 with next probable target of 112 to 114. RSI on weekly basis has come down and on monthly basis it has scope to go to extreme overbought position which means it will be a final up leg. Usually it is volatile top. August or September may prove to be a blow off top in DXY. The ultimate target of 120 may not be ruled out.
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.
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 ✅
Inverse Correlation Between BTC and US Dollar Economic narratives and dialogues covering crypto and traditional market trends have discussed the hypothesis of inverse correlation between Bitcoin and the US Dollar. As the world’s largest cryptocurrency was created with the vision of decentralized substitution for centralized fiat currencies, we have seen the hypothesis becoming true in the past couple of days. As reflected in the chart, BTC is definitely thriving on a weaker dollar.
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 ✅
DXYDXY ANALYSIS
It has retracted to its Fibonnacci Level 0.5 (106.17) where it actes as a support and bounced back to its 0.382 (106.84) level which acted as resistance for now.
Further drop is expected to 0.618(105.5) level before another pull up towards 1.618 (112.5 ) LEVELS
THIS IS JUST A VIEW. DO YOUR OWN RESEARCH BEFORE DOING TRADE WITH PROPER RISK MANAGEMENT.
Wolfewaves on DXY and coupled up with strong Fibonacci TVC:DXY Wolfewaves on DXY and coupled up with strong Fibonacci . Until DXY curtailed below 109 to 110 region, it could be said that it has made the top, and there needs a correction in the same. With strong supports around 104, where there could be a consolidation drama, then expecting it to fall till 98. This cycle according to my theory should complete by Feb 25th of 2023.
Wolfewaves on DXY and coupled up with strong Fibonacci TVC:DXY Wolfewaves on DXY and coupled up with strong Fibonacci . Until DXY curtailed below 109 to 110 region, it could be said that it has made the top, and there needs a correction in the same. With strong supports around 104, where there could be a consolidation drama, then expecting it to fall till 98. This cycle according to my theory should complete by Feb 25th of 2023.
