dxy day-1 technical analysishere is the dxy day-1 analysis dxy is moving in bearish channel and market give multiple rejection on bearish trend line
USDX trade ideas
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.
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Dollar Index Bullish signals - SOONAlthough, jumping a bit earlier, Dollar Index seems readying itself to JUMP UP. COT reports are STARTING to Show Bullish Signs. Daily Momentum has turned UP. BUT weekly momentum is yet to turn Up. Look for BULLISH SIGNS on Lower Time frames in Coming Weeks and Months. (Although, i will more comfortable if it Dips to one more Low on Weekly and then Goes up. But that is not an essential requirement)
The dollar ahead of FED actionThe dollar index ahead of FED decision day is at the 20dma and has retraced the recent losses from incoming data around weak inflation. In other words, Dxy is up only on fear that the fed will raise rates, but the data suggests that they should not. At a critical resistance, the dxy may be close to resuming its downward course. The dollar should head lower from here.
DXY HAVE CHANCE TO FORM BEARISH SHARK PATTERNDXY have chance to make 4 moves
1. case : dxy will go down while all markets will bullish if it retest only 102.5
2.case: dxy will break trend line and move till 113 and will start fall
3. case : dxy will bounce to 103 and then will take support of 100 and move till 133 area which happens to make retracement of all markets.
4. case: dxy will make double bottom and bearish shark pattern which happen directly only if interest rates go higher becoz of inflation.
#Bitcoin #nft #bnb #eth #btc #BSC #Binance #trading #altcoins #cryptocurrency #crypto
dxy strong yoo
hope you all are having a gread trading day
saw this pattern and was sure something major was about to happen
on other major currencies against USD
currently short on GBPusd with target about 1.2770 klets hope it goes well
hope you all make money and stay safe
Key Dollar resistance zoneThis is a very important dollar index level, if this were to hold up then we can get some more rally in the gold and the other metals. Equities as well. But if dollar breaks through this level then we will possibly get some sharp corrections in the commodities and the equities as well. The bet still will be that the level will hold up, but the oscillators are bouncing from the oversold levels hence it could do some time correction before the next leg of fall.
usdindex or gold crucial update blwtold here 99 strong support index mkt take u turn from support now 99.48@ if sustain abv 99.50 thna expect 99.80-100 may be touch including it if this happen gold may be dwn till 1950-45 or if sustaina bv 1965 thna mkt go to 1972--74$
Dollar is weak good time to be bullish for BTC Crypto currency and for all stock market...we are very close for one bull run for BTC
WOW DOLLOR Index is break the supportVery long time the doller index is below the 100 level this is psychological level of the market, if dollor is sustain below this is the good news for the India imerging market. This is the signal of bullish. 😍😍😍
usd index breif analysis which impect on gold crudelast report gvn blw 101 hit 100 now eys on 99 may be on going soon----- yes last hope for bulls 99 if hold support thna mkt revert again 101-103 soon . or if blw 99 thna expect 97 its rare case .there is big move on gold crude on chart if usd index move these type
BulishIf dxy not break 100.444 then we can see some pull back, don't buy gold & silver blindly on opening trade now,
Some cool off expected in p metal
DXY FORMED BULLISH SHARK PATTERN DXY have chance to move bullish or bearish , bullish case it have clear bullish shark pattern and bullish divergence, so that it will touch 104 level easily. in other scenario if it lost 98 level support we may see huge bleeding which gives overall boost to all markets including crypto.
#Bitcoin #nft #bnb #eth #btc #BSC #Binance #trading #aaltcoins #cryptocurrency #crypto
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 facing rejection at 50% levelDXY faced rejection at 50% level for the swing under consideration and is followed up with a strong bearish candle. If continues it's downward journey then the risk on sentiment continues in equity markets.
DXY Moving into rangeDXY waiting for FOMC minutes, this structure can break out on either side and we can get a good move in the direction of the breakout, let's see if we can get a reflection of the move on gold or not.
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 ✅
USDXprice shows nice rejection from the daily level and the lower timeframes shifted structures which looks like a bullish move lets wait for the market open on Monday and will flow with the market
Dollar index bullish breakout Dollar index saw a sharp rally previous week and we saw some retracement in the index on friday, however we are now seeing another round of rally and this time is looks like a consolidation pattern is being formed and the breakout from the pattern will be bearish for bullion and even equities. The index took support from the pivot level and then is bouncing up which confirms the trend more. There is likely to be more pressure if we see the breakout sustain, this is also coming after a significant rate hike by the ECB last week which was a bit of a surprise. Despite that the pound did not gain significantly against the dollar which means the market participants are anticipating the fed to also raise the rates in line with the ECB decision. Overall it will be interesting to see if the index holds up above these levels. If it does so for a period of time a sharp rally cannot be ruled out. Any forex pair will have to be traded keeping the same in mind.
Bullish DXY June 26th-30th 2023Bullish on DXY(TVC)
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Draw on Liquidity:
- Buyside Liq. Previous Week's High(103.166)
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EURGBP: Bullish
GBPUSD: Bearish
EURUSD: Bearish
