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
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,...
**Monthly Chart** DXY has been moving into a long-term range between 107 and 100 levels (round numbers) from January 2023. Last month candles closed lower after creating manipulation candles on monthly. This month's candle (currently active) tested the low of the previous two months and pushed higher with the NFP announcement last Friday. This moved DXY back...
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
DXY analysis 1 hour time frame Now we are at the bottom of the 1-hour range, which I expect to move up to the top of the range
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
DXY: The USD index this week is touching the susceptible help area round 104.60, so withinside the brief term, the USD is anticipated to get better barely today. Most of the marketplace will now no longer have lots fluctuation because of the financial institution holiday. Ace can refer to shopping for with USD
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 dollar slid to a multi-month low on Thursday after U.S. core inflation hit a three-year low and retail sales were flat, raising expectations of lower interest rates in the economy. largest economy in the world. The DXY index recorded its biggest decline of the year, falling 0.75% and penetrating below the MA 200 line. DXY is currently trading around its 5-week...
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
Currently, the dollar trend indicates a bearish direction, suggesting that pairs I typically trade, such as GU, EU, and gold, may rise. Presently, I anticipate a retracement to occur towards an 8-hour supply zone I've identified, facilitating the continuation of the bearish trajectory. This ideally aligns with my strategy until the price drops to around the 104...
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
Pair : DXY Index Description : Bearish Channel in STF Completed " 12345 " Impulsive Waves and " ABC " Corrective Waves Break of Structure RSI - Divergence Bullish Channel as an Corrective Pattern in Long Time Frame
Pair : DXY Index Description : Impulse Correction RSI - Divergence Symmetrical Triangle Break of Structure Bullish Channel as an Corrective Pattern in Short Time Frame
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...
ALL trading ideas have entry point + stop loss + take profit + Risk level. hello Traders, here is the full 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. I suggest you keep this pair on your watchlist and see if the rules of your strategy are...