Usd wycoft spring Usd right now is undervalued. Usa is working on repairs of it's American hardwork culture. My bias is bullish Usd. There is no better system that exists so far right now. All that is left is a push to the moon. I do hope to see Usa awakening from the woke mind virus.Longby LittleSovi2
DXY - SHORTDXY - Short, if the market is correct to the downside it will push up and news might drop it back. its depends how the market corrects. both possibility in this read the market and trade accordingly . V.RaguShortby Ragunath-London2
R2F Weekly Analysis - 8th June 2024 (ICT Concepts)Welcome to another R2F Weekly Market Analysis using ICT Concepts along with my own discoveries. I'm going to go through various assets/markets, and give a real-time view of how I perform my analysis on the weekends. I'll give my take on what has been happening, and what I'm expecting in either the coming days, weeks, or months. Without further ado, let's get into it! We had a big displacement to the upside on the DXY, causing many diametrically opposed assets/markets to fall hard, closing the week near their lows. As mentioned, I was waiting to see if we found support at the current monthly iFVG/OB. My only concern for us breaking lower on the DXY is the relative equal lows below, but if we did I believe it would be a fast one and recover back to the upside. My analysis is still fixed on a bullish scenario for the DXY, so i'm waiting for more confirms in the for of less bearish arguments and more bullish arguments to form. - R2F16:52by Road_2_Funded3
DXY Will Go Higher From Support! Long! Here is our detailed technical review for DXY. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is testing a major horizontal structure 103.851. Taking into consideration the structure & trend analysis, I believe that the market will reach 104.925 level soon. P.S Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all. Like and subscribe and comment my ideas if you enjoy them!Longby SignalProviderUpdated 116
DXY - Scenario 2DXY - Scenario 2 if the market gives us small correction to upside one more fall will come. V.RaguShortby Ragunath-London2
DXY - still longhi. i will add more and last long postion from this area . because i keep my strategy Longby KronFX7
Levels discussed on 4th June Livestream4th June DXY: Could have found support at 104, retracing to around 104.20, looking for more downside below 104 could reach 103.60 NZDUSD: Buy 0.6195 SL 20 TP 60 (Hesitation at 0.6220) AUDUSD: Sell 0.6640 SL 20 TP 45 USDJPY: Sell 155 SL 30 TP 115 GBPUSD: Sell 1.2760 SL 20 TP 50 EURUSD: Looking for reaction between 1.0870 and 1.08905 USDCHF: Look for reaction at 0.8895 support USDCAD: Buy 1.3680 SL 20 TP 45 Gold: Below 2340 could trade down to 2320by JinDao_Tai4
Market structure of DXY on 4-hour time frame4H is swing bullish => current is pullback dow The current price touches the demand zone block We will buy when the 15-minute frame shows a reversal of the CHOCH signalby quangcttnUpdated 10
DXY - Are we going up? Probabilities that DXY is going is high. Technicals DXY → We came into support and are heading up. → We do have a zone here which can act as resistance, but I expect that we will breach it. → We broke out of trendline and retested it and gone up. → We respected the up sloping channel. Your trading friend, Simba TradesLongby Simba_TradingUpdated 7
Dollar Index Short Term Sell IdeaH4 - Strong bearish momentum Uptrend line breakout Lower lows Until the strong resistance zone holds I expect the price to move lower further after pullbacks.Shortby VladimirRibakov2
DXY FORECAST Q2 FY24 : HIGHER DXY FOR LONGER Late post not that u care Now lemme show you how we discount future events through market analysis listen closely as i paint a picture My Bias is ultra bullish What does higher TVC:DXY for longer mean in the current market conditions It means more investors are interested in cash as to stocks but what does that mean ??? it means that people are gonna pull out their investments from various markets and buy cash related assets like TVC:DXY and treasury bonds TVC:US10Y as the instruments continue to strengthen, insighted veteran investors funding whatever... in foreign markets pick up the anomaly and realise whats going on!!! in attempt to save themselves they pull out of Ghana, Korea, Brazil and buy some high yielding US cash based assets, resulting in sweet USD cash outflows from global investments private and public cause they know whats coming and the more insightful the investors the larger the sums they have so boom. Global recession hits and this rando on Tradingview warned you but you too busy making bull market affirmations and worshiping roaring kitty to accept the reality you perceive as negativity. And if you do believe this DEGENERATE STOCK UP ON BEANS RICE OIL GAS AND PRACTISE YOUR WE ARE SUFFERING TOO MAN as you continue to profit from my free analysis here on tradingview amidst a recession if im wrong that would be splendid cause aint nobody got time for this recession drama my treasury post to show you im not bluffing around like follow comment seriously comment what you think Longby Bekiumuzi_DubeUpdated 2
dxy The dollar index is now in the daily rejection block, I expect a correction to at least 104.886 and then rise again to 105.600.Shortby sepidehsky1
idea on a chartWe have a great trend that id forming lets wait and see where the chart takes us. Next week looks great for trades.by EZIO-FX1
possibility of correction It is expected that the corrective trend will end in the specified resistance range and the continuation of the downward trend will be formedShortby STPFOREX1
DXY H4Let's break down the analysis of the DXY (US Dollar Index) 4-hour chart step by step. ### Key Levels and Trends: 1. **Support and Resistance Levels**: - **Resistance Levels**: - 106.170: This is a significant resistance level marked by the uppermost black line. - 105.383: Another resistance level, indicated by the middle black line. - **Support Levels**: - 103.633: This is a crucial support level, highlighted by the lower red line. - 102.717: Another key support level, indicated by the lower black line. - 101.476: A major support level represented by the lowest red line. 2. **Current Price**: - The current price is 104.558, which is marked slightly above the middle of the chart. 3. **Potential Scenarios**: - **Bullish Scenario**: - If the price breaks above the 104.772 resistance level, it could move upwards towards 105.383. - A sustained break above 105.383 could push the price further up to 106.170. - **Bearish Scenario**: - If the price breaks below the 103.633 support level, it could decline towards 102.717. - A break below 102.717 would be significant and could lead to a further drop towards 101.476. 4. **Price Channels**: - The price has been moving within a descending channel, which is marked by the two diagonal lines. - The upper diagonal line acts as dynamic resistance, while the lower diagonal line acts as dynamic support. 5. **Price Action Analysis**: - The price has been consolidating within the range of 103.633 and 104.772, indicating a potential accumulation phase before a breakout. - There have been previous instances where the price tested these levels, showing their importance. 6. **Arrows and Possible Movements**: - The upward arrows indicate potential bullish movements if the resistance levels are broken. - The downward arrows show potential bearish movements if the support levels are broken. ### Summary: - **Bullish Potential**: A break and close above 104.772 could trigger a move towards 105.383 and possibly 106.170 if the bullish momentum continues. - **Bearish Potential**: A break and close below 103.633 could open the door to 102.717, with further downside potential towards 101.476 if bearish momentum persists. ### Conclusion: Traders should closely monitor the key levels of 104.772 and 103.633 for potential breakouts. A move above 104.772 could signal bullish momentum, while a move below 103.633 could indicate bearish pressure. The price channels and the current consolidation phase suggest that a significant move might be on the horizon once these levels are decisively broken.by Sibonginkosi_Sithole-Job31
DXY Weekly analysisThis is the Expected move on DXY this week I'm expecting it to fall on our FVG or -OBShortby GoldenB551
DXY - Weakness ahead of the DollarAccording to my EW count, more weakness could be on the horizon for the U.S Dollar. Indeed, the daily count suggests that waves 1 and 2 of the higher degree third wave have finished and we are in the beginning of a large third wave decline that would take the index below 100.00. A break above 107.34 would negate this view, so selling here with a stop above this resistance would give us a good risk-reward trade.Shortby tchamoun1
DXY Outlook (06-06-2024)DXY Dollar index has been consistently forming LL-LH on MTF as it approached internal protected/strong HL. we indeed expected that POI to be respected but judging from the momentum on HTF (like daily>) there's less chances of it being respected compared to it being broken so we do expect market to stay intact with shorts after the recent BOS. We can now look into HTF to see future prices for dollar index like your weekly>Monthly timeframes. Shortby Ocean981
"DXY Index Analysis: Key Insights and Trading Strategies 2024Stay ahead in the forex market with our in-depth analysis of the DXY Index (US Dollar Index). Learn how the DXY influences global currencies, discover key support and resistance levels, and gain valuable trading strategies for 2024. Whether you're a seasoned trader or just starting, this video provides essential insights to enhance your trading decisions. DXY Index analysis US Dollar Index trading DXY trading strategies Forex market analysis DXY support and resistance DXY impact on currencies Trading the US Dollar IndexShort01:28by muntishabuilder2
Trade Like A Sniper - Episode 33 - USDZAR - (11th June 2024)This video is part of a video series where I backtest a specific asset using the TradingView Replay function, and perform a top-down analysis using ICT's Concepts in order to frame ONE high-probability setup. I choose a random point of time to replay, and begin to work my way down the timeframes. Trading like a sniper is not about entries with no drawdown. It is about careful planning, discipline, and taking your shot at the right time in the best of conditions. A couple of things to note: - I cannot see news events. - I cannot change timeframes without affecting my bias due to higher-timeframe candles revealing its entire range. - I cannot go to a very low timeframe due to the limit in amount of replayed candlesticks In this session I will be analyzing USDZAR, starting from the 12-Month chart. If you want to learn more, check out my other videos on TradingView or on YT. If you are interested in private coaching, feel free to get in touch via one of my socials. Education16:28by Road_2_Funded1
dollar to be bullish a clear buy to dollar for next coming days which will lead to cpi being a sell on nas100,sell on us30 and a sell on Gold Longby nhlanhla-smiley1
uptrend It is expected that the resistance range will be broken and then a consolidation will be formed above the resistance range. Then the continuation of the upward trend will take place and it can progress up to the previous ceiling rangeLongby STPFOREX1
US CPI and FOMC to boost the DXYThe DXY caught support off of the red support range on the 50% Fibo retracement level at 103.97. A stronger or in line with expectations US CPI this week coupled with the Fed maintaining the federal funds rate at 5.50% will allow the DXY to break above the 50-day MA rate of 105.09 and move higher towards the first resistance level of 105.96. Over the longer term a move towards 107.5 is still firmly on the cards. The Bank of Canada and the European Central Bank (ECB) were the first G7 central banks to diverge from the US Federal reserve after they both cut interest rates by 25 basis points this week. The decision from the ECB came as no surprise to the market off the back of what the ECB described as a logical step due to retreating inflation across the 20-nation euro zone. The dollar index remained relatively muted off the back of the decision however the dollar surged against the major currencies following the stronger than expected US non-farm payroll print of 272 thousand in May, up from 165 thousand in April. The Fed will deliver their interest rate decision this week and market consensus is for the Fed to keep rates unchanged at 5.50%. The divergence between the Fed and the other major central banks is dollar positive and it further illustrates that the US economy is able to stomach the high interest rate environment while the other majoring economies have started to buckle. The Fed’s rate decision and FOMC statement will thus take center stage this week but the latest US CPI figures for the month of May will also be released along with the US 10-year and 30-year bond auctions. Longby Goose961