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Dollar_index

🔰 DXY - Dollar Index — is reaching our mentioned Target🔻 The Dollar Index Daily closed as another Doji Candle — the intraday price has broken our Bullish Holding price below 90.00 Zone - as we mentioned last night its hard to break but we got a Lower Low This Morning ( We will watch the Bearish Movement, we might get to our waiting Bearish Target before end of the week 🔹 Our Support Zone from here will be our Bearish Target 🔹 The next intraday Resistance is slightly above 90.00 Zone where the Price might test the Order Block after creating a new Lower Low 🔔 Dollar Index holds Head & Shoulders pattern in concentration to its Price Action ✅ DXY Bearishness is targeting the H&S pattern as we mentioned last night - all XXXUSD traded long when the Dollar was dropping 😉
TVC:DXYShort
by PipOfLife
2
🔰 DXY - Dollar Index — Read This before you trade any major 🔰🔻 The Dollar Index Daily Candle closed Doji ( Slow movement in the market — the intraday for today remain Bullish as long as the price is above 90.00 Zone ( This is a big figure number, Hard to break, Lets see how the price will trade in London Session ) 🔹 Our Support Zone from here will remain 90.00 🔹 The next major Resistance is Our Target that is mentioned 🔔 Dollar Index so far having a Head & Shoulders pattern in its Price Action - The bullish Movement will invalidate the pattern
TVC:DXYShort
by PipOfLife
🔰 Dollar Index - Will give us a directions for XXXUSD & USDXXX🔹 Our Support Zone from here is 90.00 - more bearish movement can drop the price to 89.00 ( -1.00 Capital From the Liquidity ) 🔹 The next major Support is 89.00 🔔 There are no major events happening this week for Dollar Index so we mostly will use Price Action to give us an insight into where the next movement will occur ✅ Analyzing this pair will allow us to get the Weekly Directions for XXXUSD & USDXXX Pairs! 😉
TVC:DXY
by PipOfLife
2
$DXY - strong few weeks inbound?DXY acts in an almost direct opposite relationship with BTC - DXY down, BTC up Example: DXY uptrend from bottom of SR zone/falling wedge 6/7th Jan, BTC 42K top 8th Jan and moves into downtrend Falling wedge broke and has now successfullly retested on the 1D chart - hold above 90.6 and DXY looks pretty bullish This won't last for long though, couple weeks maybe, due to macro fall out of a bear flag 1M chart, and too much USD printing in the FED But this is cause for concern for your crypto portfolios where they may have a stinky time USDXXX pairs could be pretty bullish on the FX charts Makes me tempted to get into tether in crypto, if 90.6 holds and top of BTC range can't be flipped to support! And enter bigger dips for when DXY downtrend continues! Let's see....
TVC:DXYLong
by InvestmentsHub
DXY Created A Huge Bear Trap And Started To Move UpwardsTrader, we have been watching Dollar for a long time now and were expecting a bear trap when I posted this at the start of the December. A huge final move was expected before the M FCP (Fibonacci Confluence Pattern) completion and then move upwards. Fed Stimulus or not Goldman saying Dollar is bearish or not All media against dollar or not Economy down or not Market Gurus playing DXY down or not Rules: 1. Never trade too much 2. Never trade without a confirmation 3. Never rely on signals, do your own analysis and research too ✅ If you found this idea useful, hit the like button, subscribe and share it in other trading forums. ✅ Follow me for future ideas, trade set ups and the updates of this analysis ✅ Don't hesitate to share your ideas, comments, opinions and questions. Take care and trade well -Vik ____________________________________________________ 📌 DISCLAIMER The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of education only. Not a financial advice or signal. Please make your own independent investment decisions. ____________________________________________________
TVC:DXYLong
by vikinsa
15
Is Dollar (DXY) A Buy Now? Traders, Dollar has been finding its footing in the market. 2021 is expected to be bullish for the dollar with ups and and downs obviously. In this analysis of DXY lets see what levels and FCP (Fibonacci Confluence Zones) are important for the dollar. Even if you are not trading dollar you must watch this analysis so as to get an idea on how it can impact other asset classes because everything that you trade is directly or indirectly dependent on the dollar. Rules: 1. Never trade too much 2. Never trade without a confirmation 3. Never rely on signals, do your own analysis and research too ✅ If you found this idea useful, hit the like button, subscribe and share it in other trading forums. ✅ Follow me for future ideas, trade set ups and the updates of this analysis ✅ Don't hesitate to share your ideas, comments, opinions and questions. Take care and trade well -Vik ____________________________________________________ 📌 DISCLAIMER The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of education only. Not a financial advice or signal. Please make your own independent investment decisions. ____________________________________________________
TVC:DXYLong
by vikinsa
5
DOLLAR INDEX - Remains IndecisiveThere is nothing more important to a trader than a good prediction of the dollar's performance. At this stage and since mid-November last year, the dollar index has been going sideways. It landed on our calculated support but failed to find either a good rebound or a break through to dip lower. At this point it's important to understand what the dollar index is.: 'The U.S. Dollar Index (USDX, DXY, DX, or, informally, the "Dixie") is an index (or measure) of the value of the United States dollar relative to a basket of foreign currencies, often referred to as a basket of U.S. trade partners' currencies.' So, we have a dollar going sideways against the rest of the fiat currencies. At the same time we have a stagnation (no great movements) in the price of Gold, whereas now Bitcoin is also sideways, correcting and flirting with 35k+ in a hard-to predict manner. In other words fellows: when the dollar finally moves and oicks a direction, our trading will be easier. For the time being it's a cloudy and difficult time to trade so one must be able to hedge, diversify and take profits relatively early. Not a great time for swing trades, scalping seems to have better chances at this moment and it is key for a trader to be able to adjust based on changing market conditions. When can the dollar find direction? Well, either data or other fundamentals. Keep your eyes and ears open, things can change in a day, an hour , a single minute.
TVC:DXY
by FX_Professor
1
DXY (Dollar Index)In the DXY, it currently looks like we are in the last legs of the downward movement. Here, an implied EDT could be developing as a white v of the red (c). Thus, a downward wave would still be missing. The ideal target, the 1.00 extension, of the pink Y would be fairly close to the trendline drawn below. However, for me, a close below the last low would be enough to finish counting the movement. Of course, this also implies that there are still more highs/lows to come in the single pairs before the dollar should start its run.
TVC:DXYShort
by Elliott-Waves-2_0
2