USD is the only link between Bullish Markets and Bullish RallyIn this video we discuss how Dollar affects our Indices and how we can trade the markets accordingly with its help.
DXY trade ideas
DXY formed a downtrendThe DXY chart on the 1D frame formed a bullish leaf, but yesterday DXY had a false breakout, so it is likely that today DXY will tend to decrease, tomorrow there will be news of Non-Farm Employment Change, if the news is bad, DXY may dropped to 104.28, on the 1D chart stochastic is in the overbought area and is trending down, RSI is also trending down. On the H4 chart, stochastic is falling very strongly and so is RSI, so it is likely that DXY today will fall in the range of 106.12 - 105.68 and 105.68 also coincides with the 200 EMA, tomorrow there is news that DXY may fall to 104.28.
DXY : is likely to decrease slightly and recover today. Yesterday DXY fell quite strongly and today the 1D DXY frame is likely to fall forming a head and shoulders pattern, on the daily chart the histogram has begun to gradually decrease and the stochastic has left the overbought area and is showing a downward trend, at The H4 stochastic chart is below the oversold area and the histogram has a negative value, so DXY is likely to decrease slightly and recover today.
Crazy times aheadLooks like the consolidation over for DXY and its ready to fly "Higher for Longer"
Some may call it a flag pattern breakout.
Momentum Oscillator also after retracing back to 77-80 is rising again.
Super move ahead!
Equities, commodities are in for a roller-coaster ride.
Saavdhan Rahein Surakshit Rahein
DXY SETUPDXY i.e dollar index is overall bullish . it is currently consolidating around the golden zone.
we can either plan a long now with bullish confirmation or wait for it break the consolidation to the upside for buy.
other possibility is that it break it's previous higher low on 1 hr then we can plan a short trade.
DXY TRADE SETUP The Dollar Index has rallied straight up for weeks.
- I will only aggressively start buying Stocks, Crypto, Commodities, and Forex Pairs once I see a reaction from the mentioned bearish orderblocks.
- Dollar Index strengthening and it's important to understand the correlation between DXY and the Equity market before you invest a single penny as a Long-term Investment.
- Closely following DXY gives an edge on where and what the bias should be.
- DXY (UP) Stocks, Crypto, Forex Pairs except Usd ones, Commodities, ETFs (DOWN)
Be careful if you are getting too excited with the consolidationCurrent consolidation in DXY is nothing to be too excited for.
The chart is surprisingly following the schematics dot to dot.
Saavdhaan Rahein Surakshit Rahein
DXY ANALYSIS DXY is a imp support zone as it is also the last higher low on 1hr .
It can either take support from this zone and continue the uptrend or it can break the support and start a downtrend on 1 hr time frame.
DXY on the edge of trend reversal?With resistance between 106.811 to 106.45, Dollar is on a deciding stage where it will target eithe 108 as upside target on breach of the resistance or will change the trend for a while to pull back till 105.50, 105.10 as initial support range.
DXYLast week retracement completed.
DXY still under pressure may be sell continue
Due to war our analysis will may be fail
if sell happen
First target 105
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.
Dollar Index will be bowled outDollar Index (M) chart showing distribution pattern with max support at 100-102 range. Expecting DXY to test 88 in next 8 to 15 months. Above 108 on monthly closing will reverse our projection. (High made 107)
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
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.
