USDX trade ideas
DXY $$ USDuntil now these are the major reversal areas for me, From these area DXY can fly anytime.
With these areas we might see drop in USD pairs too.
Never the less, we should be careful at any points any lows could be taken out and go opposite.
DXY shortMarket conditions say dollar index is getting ready for a fall. entering a short position here
U.S Dollar currency Index U.S Dollar currency Index:-It form H&S pattern on monthly chart. It may start to correction from here.
US 10 yrs Govt Bond Yield:-It is near major resistance 4.13%.It may start to correction from here.
Nifty has inverse relations with above both, so it may start to bounce from major support level. Nifty major Support level 17122-17099
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 ✅
What's next on dxy?DXY is fundamentally strong now,
Gdp growth increases
unemploy. decreases
cot data remain neutral
infl rate decreases so that fall happen.
smart money traders take long postion.
Major trend Uptrend
Minor trend Downtrend.
Selling pressure is high
risk for buying..
short term downtrend expecting..
Dollar gradually gaining strength...Dollar out of the falling channel..... Gradually approaching 108-110 levels.... Might consolidate there for a while.... Till it breaks out of the triangle...
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 ✅
Dollar Index (DXY) predictive analysis with future paths in DCB.Dollar Index (DXY) currently trading in between downward trend channel. Presently at Resistance and will go downward to maintain the drawn channel. Here showing predictive two paths as per present price action and supply demand zones.
DXY MONTHLY CHANNEL RESISTANCE ZONEDXY - LAST HOPEs - MULTI YEARS TREND LINE BREAK OUT ON THE CARD. 🦦
HORIZONTAL RESISTANCE 120-121 🦉
1. if weekly/monthly not Break 112.24 than we can see again 104-102.
2. if resistance break than it can go 118 122 130 136+++
HIGHER HIGH HIGHER LOWDXY is making higher high and higher low on monthly chart. It has bounced exactly from last swing resistance. If it holds 102 on monthly closing basis then 120-122 is feasible in coming 6-9 months. Not good for equity and commodities. Pressure will be on countries highly dependent on import. Break of Feb month's high will be first confirmation that bottom in DXY has been formed.
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 ✅
DXYPrice approach at area of value and break main key level in monthly timeframe we expect price move to next resistance
DXY BreakoutDXY breakout from resistance. Next target 108. Emerging Markets and Euro Zone/ Japan currency will be in trouble. USDINR may also break 83 levels soon. Once USDINR breaks 83.15 levels, 84 will very soon.
DXY BULLISHPROPERLY DYX IS bouncing from the weekly support, macro data is also not good if it rally upwards total crypto, gold and stocks everything will start bleeding.
#Bitcoin #nft #bnb #eth #btc #BSC #Binance #trading #altcoins #cryptocurrency #crypto #sol
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
DXY chart in 4H timeframeIt seems like the CPI will be lower and the dependency on USD will decrease people will sell the dollar to buy the assets.
Bonds prices will go lower and GOLD SILOVER Bitcoin prices will go up.
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 Five impulse after 4th wave correction Date : 9th Feb 2023
Textbook 5 impulses completed @61.8(0-3) and 61.8% correction of five impulses.
Entry @ 103.235 with SL 103.135 pip
Target 104.950
DXYDxy showing uptrend nature.
there is an important price zone.
next, price will touch on it.
Use proper risk management.
Thank you
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 ✅
