DXY trade ideas
Dollar Index (DXY): What to expect? From these observations we can say that we are in Wave 4 and still there is a room for a bounce towards 95-95.5 levels before we get a final leg down in terms of Wave 5. Assuming Wave 4 terminates around 95.25 levels we may see a further decline towards 90 levels which is our minimum expectation as Wave 5 TGT as seen in the image below. And if it extends we may even see 88 or 86 levels.
FIRST STEP TO LEARN INSTITUTIONAL :WARNING: NOT FOR RETAIL GURUSLEARN WYCOFF THEORY COMPLETELY , THE 4 PHASES I TOLD , THATS HOW PRICE IS DELIVERED IN INSTITUTIONAL PERSPECTIVE, I WILL POST MORE CONTENT SOON
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BULLISH DIVERGENCE AT SUPPORT ON MONTHLY FRAME ...WILL LEAD TO BULLISH DIVERGENCE AT SUPPORT ON MONTHLY FRAME ...WILL LEAD TO GOOD RALLY IN #DXY .. WHICH WILL LEAD TO GOOD CORRECTION IN #GOLD #STOCKS #BITCOIN #NIFTY #SPX
US dollar index approaching breakdown for US Elections in NovPrices are constrained in a rectangular formation approaching breakout. Possible targets of 95.26 by November
Dollar Rebound - RSI/MACD Divergence & Stretched PositioningShort term dollar bottom?
Stretched CFTC net long positioning has started to unwind a little as well.
Plus Euro which is a big component, also has seen stretched positioning and now we are seeing resurgence of cases in most major European countries.
Dollar Forecast View My view Dollar (DXY) 92.70~92.50 Near price come and again up move come 93.70+ price come.
DXY Dollar Index - view for next few years. Purely based on the charts, the bear market for DXY maybe limited down till 88. Any substantial weekly close below 88 voids this view.
DXY Wave count - Complex StructureOm Namah Shivay
Trying a complete new structure for first time. Could be wrong in counting. But if next impulse down is continuing, then the counting holds.
Om Namah Shivay
DXY SHORT TERM LONG OPPURTUNITY WE would like to see how price reacts at the retest of the structure low for a potentail long oppurtinty..If price breaks below my structure low..i might be looking to go short
DXY , Weekly analysis for Aug 24-28Looking bullish week for Dollar index, based on price action anlaysis
DXY WatchDXY broke first support..
Now retracing back on fibo levels..(61.8 is important level).
Moving close to resistance on top.
DXY Technical supportDollar index at 93.24, 92.5 Level to watch on daily chart , breaking 92.5 levels can take DXY to 91 Levels.
DXY at interesting crosspoint ...RSI on weekly at very strongDXY at interesting crosspoint ...RSI on weekly at very strong support line ,beware ..it can go up from here ..killing the price rise in gold ..precious metal etc .
DXY - Inverted Head and shoulders reversal An inverted head and shoulders pattern has formed in DXY hourly. Watch for a level above 93.70 for a move to 94.80. This may very well be the reversal on the shorter term chart which would confirm that DXY has bottomed and on a path towards 98 in a few weeks/months time.
if this pattern is confirmed, we can see some corresponding correction in Metals and EM equities.
al usd pairs are going to strengthenDXY forms demand quasimodo. all us dollar pairs are going to strengthen
DXY - zone of reversal, 5 waves down completed 5 waves down done. Time for a reversal. Can see 98 in a few months.
