In this video, we provide a succinct analysis of the U.S. Dollar Index (DXY) and its potential impact on USD pairs. Following recent bullish momentum, the DXY has become overextended, reaching resistance levels. Currently, we observe a significant retracement toward support. Our main goal is to identify an optimal buy entry point within this critical support zone,...
Pair : DXY Index Description : Completed " 12345 " Impulsive Waves and " A " Corrective Waves Break of Structure Demand Zone Fibonacci Level - 50.00% / 61.80% Bearish Channel in Long Time Frame
Pair : DXY INDEX Description : Completed " 12345 " Impulsive Waves and " ABC " Corrective Waves Break of Structure RSI - Divergence Bullish Channel as an Corrective Pattern in Short Time Frame Demand Zone
The dollar price looks bullish on the daily timeframe, moving within a symmetrical triangle and ascending channel, and following the Elliott Wave 12345 pattern. Currently, the price is at a resistance-turned-support level; waiting for a bullish rejection here could signal an upward move. This would positively impact XXXUSD pairs and negatively affect USDXXX pairs.
Pair : DXY Index Description : Completed " 12345 " Impulsive Waves and " ABC " Corrective Waves Break of Structure Bullish Channel as an Corrective Pattern in Short Time Frame RSI - Divergence Demand Zone
Pair : DXY Index Description : Completed " 12345 " Impulsive Waves and " ABC " Corrective Waves Break of Structure RSI - Divergence Demand Zone Bullish Channel as an Corrective Pattern in Short Time Frame
The Fundamentals When I think of U.S. Federal Reserve and U.S. Government infinite debt ceiling, the title of the movie, "The Gods Must Be Crazy" comes to my mind. What they are doing has only one end result, the destruction of the U.S. $ and its economy. There are new sheriffs in town (BRICS - Economic...
Pair : DXY Index Description : Bullish Channel as an Corrective Pattern in Long Time Frame and Rejection from Upper Trend Line RSI - Divergence Break of Structure Completed " 12345 " Impulsive Waves and " ABC " Corrective Waves
Pair : DXY Index Description : Completed " 12345 " Impulsive Waves and " AB " Corrective Waves Break of Structure Bullish Channel as an Corrective Pattern in Short Time Frame RSI - Divergence Resistance Level and Rejection
Here's the corrected version: Last month, we anticipated that the #DXY price would continue to be bearish and take support liquidity from Mon 10 Jul '23. However, the fundamentals contradicted last month's analysis as the #DXY strengthened again after inflation rise and the Fed announced they would keep interest rates fixed until the next meeting. It's probable...
In this presentation, we conduct an in-depth examination of the technical aspects related to the DXY. Our evaluation uncovers a possible trading prospect. We conduct a detailed review of the prevailing price movements, examine the market's framework with precision, and take into account the forces at play in the market. Given the advantageous circumstances, we...
Pair : DXY INDEX Description : Bullish Channel as an Corrective Pattern in Short Time Frame Completed " 12345 " Impulsive Waves Break of Structure RSI - Divergence Fibonacci Level - 78.60%
Pair : DXY INDEX Description : Head and Shoulder as an Correction in Short Time Frame Break of Structure and Retracement RSI - Divergence Completed " 12345 " Impulsive Waves and " AB " Corrective Waves
I'm closely monitoring the DXY (US Dollar Index) for indications of the dollar's trajectory into the weekend and early next week. The US dollar's influence on global markets makes the DXY a critical reference point for traders. Given the strong correlation between many currency pairs and the US dollar, the DXY's current position at a key resistance level...
Pair : DXY Index Description : Bullish Channel as an Corrective Pattern in Short Time Frame Double Top RSI - Divergence Elliot Waves - Completed " 12345 " Impulsive Waves and " AB " Corrective Waves Break of Structure
The DXY's daily chart suggests a bullish continuation. A Fibonacci retracement could offer a favorable long entry point. Target potential profits at previous swing highs. (Disclaimer: For educational purposes only.)
Pair : DXY Index Description : Exp FIAT as an Corrective Pattern in Short Time Frame RSI - Divergence Break of Structure Completed " 12345 " Impulsive Waves Demand Zone
Pair : DXY Index Description : Bullish Channel as an Corrective Pattern in Short Time Frame Consolidation Phase Break of Structure Completed " 12 " Impulsive Waves S / R Level