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
DXY Bearish ideamonthly buyside liquidity has been purged, and there is a change in state of delivery(daily) confirms bearish momentum with a additional confluence of smt between us bonds
Share your unique analysis, thoughts, and ideas in the comments section below. I'm excited to hear your perspective on this pa
DXY_H2Due to the arrival of the price to the specified range we are expecting to consider the price growth until the PRZ areas specified for correction.
For Next Bull Ride Dollar Index to be below 105While there is recovery of ~1000 point in Nifty out of 3000 point fall but for a sustained reversal and next Bull run the DXY should come down below 105 level and Nifty need to sustain above 24500.
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
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 (F
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 t
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.
Di
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Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
US Dollar Index reached its highest quote on Sep 28, 2022 — 114.680 USD. See more data on the US Dollar Index chart.
The lowest ever quote of US Dollar Index is 88.143 USD. It was reached on Feb 16, 2018. See more data on the US Dollar Index chart.
US Dollar Index is just a number that lets you track performance of the instruments comprising the index, so you can't invest in it directly. But you can buy US Dollar Index futures or funds or invest in its components.