DXYThis is my analysis of DXY. It doesn't look like it's going to take another route. What do you think?
USDINDEX trade ideas
US DOLLAR CURRENCY INDEX VIEW! Hello, US dollar currency index view & analysis on 1w chart index is making upside momentum on 99.750 is resistance level (identified from harmonic abcd pattern 2.0) index can correct from level & above level can go upto 101.700/103.650. (Targets identified from harmonic xabcd pattern level 2.272/2.618) it indictaes FIIs are pulling out money from equity market.
Understanding Dollar index ProjectionDollar index if makes low we probably will have RISE and Index and Vice versa this is correlation of Dollar index with Index in a particular Dynamics of Market.
DXY Monthly chart with Macro Fibo from Highest Top and BottomAs you can see from the chart there is two Fibo retracement being drawn starting from 1986 to the current year 2022 and Micro Fibo retracement from November 2019 to current year 2022. Current DXY is near Macro Fibo retracement at 0.5 and Micro Fibo retracement at 0.786.
Meaning we are near to the biggest US Dollar crash in history from DXY index price at 100.400
Conclusion DXY will Crash from 100.400.
DXY analysisI foresee a fall on the DXY Dollar index in the short and long term; faced with the increase in the US interest rate and therefore we could consider a rise on EURUSD GBPUSD...
DXY analysisI foresee a fall on the DXY Dollar index in the short and long term; faced with the increase in the US interest rate and therefore we could consider a rise on EURUSD GBPUSD...
DXY Bearish WWTVC:DXY NSE:NIFTY
Dxy Formed very bad structure
CMP 97
SL 98
Target 92
Looks like we are going to see a quick fall in DXY. May be positive for Emerging markets like India (Nifty)
Dollar to plunge & weaken in the long term?This is a long term analysis on TVC:DXY . Dollar has a strong supply area around 98. As long as 103 isn't crossed, we can expect lower levels of 80 soon. Considering global macro factors, this is a strong possibility. The rub off of this would be huge on other linked currencies. One can keep a watch on this in coming months.
Disclaimer : This is a long term view, not a trade idea for you to execute. Trade at your own risk and consult your financial advisors.
Overview of DXY looking bullish As we can see bulls run in market theres a good chance for buying DXY
DXY ExpectationTVC:DXY Possible DXY movement has been mapped. Emerging markets like India (NIFTY, SENSEX), might be impacted due to this
DXY good short candidateDXY perfect text book bearish deep crab pattern fromation
photo finish reversal
rising contracting wedge formation
bearish divergence on rsi
ready for 94.55,, 93.2,, 91.75
Dollar Index Broke-out !! Dollar Broke out above 97$ and headed for 100-101$.
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US DOLLAR CURRENCY INDEX ANALYSIS!Hi everyone, US dollar currency index analysis & view on 1 week chart, index is going upside & if sustains above 97.220 can go upto 99.240 & 101.800 (level identified from harmonic xabcd pattern level 1.414/2.272) it shows FIIs are pulling thier money out from indian equity market & we can see fall in in equity markets too! TVC:DXY
Dollar index DXYdollar index about to complete its current up move.Fall below 95 would bring 92 atleast if not a completed break down below 89.
Breakout Done Finally #DXY please refer to the chart.
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Range bound with bullish biasDXY is stuck in range 95.5-96.7 although making bullish structure and a possible inverted head and shoulder pattern with depth of 4 points eventually, if triggered, breaking the range for 100.
the trendline already faked out once could still act as a support for last time.
Key levels
96.295 close above it means smaller range breakout then range shifts upward with base 95.956
96.789-96.938 supply created recently
overall dollar will gain in currency pairs in short to mid term
Look what's attempting to Break Out?This chart is only for those who understands correlation between DXY-Indian Markets.
DXY to settle downDollar Index should cool down as per the lagging indicators and plus its around Resistance of Downward Trending channel.
Disclaime: View for Educational purpose only.
dxy seems bearish well i not much of an dxy trader but still i found pattern so i wanted to share so in my opention and as per my analisis it pretty much seems bearish and even institutions are concentrating thir postion and i will enter only after structute break untill then i will wait and its for edu porpous only
Dollar Index (DXY) | Small correction♻️Hello traders, Dollar Index ( DXY ) in daily timeframe , this analysis has been prepared in daily timeframe but has been published for a better view in 2 day timeframe.
In the wave counting done in higher times, a leading trend is formed and from this trend, waves 4 and 5 remain.
Wave 4 was originally intended as a flat, but wave c, which we identified in the count now, did not look like a leader, and we assumed it would be a zigzag triple.
So the count has changed to triangle and from this triangle the waves a, b and c are complete and now we are inside the wave d.
From wave d, wave a continues to form, and from wave a, waves 1, 2, and 3 have ended, and now the beginning of wave 4 is confirmed by breaking the bottom of the orange channel.
Wave 4 will probably not be as deep as Wave 2 and will be moderately temporal.
According to the current structures, it is probable that wave 4 will end in a zigzag pattern around Fibo 0.38 to Fibo 0.50, or in other words, around the price of 94,000, and in the following we will examine the trend of the next movements.
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