DXY trade ideas
Descending wedge pattern on DXY before Friday dataThis pattern seems bullish on DXY on H4 before the Friday data .Gold is also facing resistance at 1930-35 levels .
DXY LOOKS BULLISHDOLLER INDEX looking bullish so i am excepting prices of btc, stocks and gold will take some point of correction.
#Bitcoin #nft #bnb #eth #btc #BSC #Binance #trading #altcoins #cryptocurrency #crypto #sol
USDINR and DXYDXY broke the trendline in nov22. Now USDINR is also near the trendline. Is DXY projecting the future of USDINR. There is always some lag between the two. Overall it is an important time to analyse and make money.
DXY DowntrendOn Weekly Basis:
Dollar Index (DXY) reversed from high of 114.77 There is a support at 102 on weekly charts. DXY entered into bear cycle as there is a Death Cross where 50 DMA crossed over 200 DMA downwards. One can be cautious and it may provide a good chance of pullback in bear cycle. It is a sell from long term point of view. There is a death cross over at 200 DMA, happened on 1st week of January, 2023. It is reaching an oversold position. It may pullback to 104.50 but charts look very pessimistic.
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.
Very Crucial Level for Dollar #DXY #Dollar #Gold #XAUUSD Very Crucial Level for dollar #DXY if its returned from this level we may see big rally and supose if it breakdown this level there will be very deep downside and #Gold XAUUSD will rise to new high if dxy break this multi week demand zone .
Trendline is already broken lets see wether dollar takes support here or not .
#Dollar #Gold #XAUUSD
DXY MACRO ANALYSIS dxy monthly and weekly looks bearish, indicating an end to a 16 months up-trending chart. This could mean a great year for cryptocurrency and /usd pairs ( posted a swing gu chart analysis earlier )
i'll be taking most trades in confluence with my macro bias for dxy hence mostly playing longs on crypto and /usd pairs in forex from now unless my idea (as pictured) gets invalidated.
2023 will be a great year inshallah!
THE DOLLAR INDEXIf price stays above 103.391 level then we might see a momentum gain in the dollar index.
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 Dollar Index has corrected which is a good sign for stocks and crypto, but currently, it shows a good POI at 102-103 we will have to observe how it builds its base here.
USD (Dollar)This is a daily analysis you can go short keep your stoploss above the red candle and continue to 2 target given
the target is of 1% all the best Happy Earnings...
Expecting Bullish BreakoutHere we can see DXY has completed ABC on a higher degree and is moving inside triangle at the bottom. Though the wave count looks complete we cannot decide yet and in looking for a 3 wave drive upside which is being supported by the triangle forming ABC correction.
DXY must keep watchTVC:DXY
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Trade Secrets By Pratik
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Disclaimer
SEBI UNREGISTERED
This is our personal view and this analysis
is only for educational purposes
Please consult your advisor before
investing or trading
You are solely responsible for any decisions
you take on basis of our research.
What is #DXY Upto?Falcon Wave D is a 5 wave pattern unfolding, and looks like we are in wave 3 completion, the current one up looks like an internal 4th wave of blue 3rd wave.
Now, we can expect last leg down to complete 3rd wave and then it should go up in 4th wave (blue) as shown above and in the chart.
More on this in next few days.
Dollar Index - The Last PushDXY has a 5 wave decline on Weekly charts & Wave 5 have formed a ending diagonal today's push could mean end of Wave A so now a 3 wave or 7 wave pullback can take us back to 110 levels confirmation will be Weekly close above 105.35 (40 WEMA Red Line) & this bounce in $ should see some selloff in Commodity & Equity.
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 ✅
US DOLLAR INDEX ANALYSISShooting Star on a 6 months chart of TVC:DXY
Is clearly signaling the Crash in US Dollar. Dollar likely to depreciate against major currencies like Yen, Euro, INR
It will be also Bullish for Precious Metals and Commodities.
And Bullish for Stocks.
Dollar index chartDollar index chart in daily time frame
It has the potential to reach the specified areas and you can use this chart in your personal transactions.
BTC VS DXYCorrelation between DXY and BTC. IMO Bitcoin has a high inverse correlation to the US Dollar Index (DXY) which conceptually makes sense as it is of fixed supply and most commonly traded against the US Dollar more than any other currency. NFA
DXY - Bullish Structure DXY broke the falling wedge and going for the test to the Supply zone . If we reject there , then that might be the Top for BTC and H&S will be formed . Lets see .
$Dxy Cup And Handle >>>> LONG 109.5$Dxy Daily Candle just consolidation I'm Expecting This Week Will See Volatility Upside Once Reached 109.5 Handle Time We Take Entry To Long..11
dxy analysis only and economicnext ==>
some people called recession upcoming
and what about other countries
dxyusd other country will have problem for (iT side),
agriculture country's are will be safe( they had not food crisis, but food price fluctuating)
this all so reason ( us data)
