Dxyanalysis
DXY "Dollar Index" Bank Money Heist Plan on Bullish SideHola ola My Dear,
Robbers / Money Makers & Losers,
This is our master plan to Heist DXY "Dollar Index" Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money.
Entry : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Swing Low
Stop Loss : Recent Swing Low using 1h timeframe
Warning : Fundamental Analysis comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style.
DeGRAM | DXY rebound from the channel boundaryDXY is moving in an ascending channel under the trend lines.
The lower boundary of the channel has already become a reversal point three times, and most of the time the chart has been in the upper part of the channel, which indicates an uptrend.
The price has not yet reached the support level.
We expect a rebound with a possible reaching of the support level before it starts.
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#DXY 4H On the 4-hour chart (4H) of DXY (U.S. Dollar Index), the price is currently in a downtrend, indicating a strong sell opportunity.
Sell Levels: 101.200 - 101.500
The price has reached a potential selling zone between 101.200 and 101.500, which is acting as a resistance range in the current bearish trend. This is a strategic area to consider short positions as the market may struggle to break above this level.
Target Level: 99.500
The expected downside target for this move is around 99.500, a key support area where the price might find some buying interest or consolidation after the bearish move.
Key Factors:
Downtrend: Lower highs and lower lows dominate the price action.
Resistance: The price faces strong selling pressure near 101.200-101.500.
Momentum: Indicators like RSI and moving averages suggest the trend is firmly bearish, with room to fall toward the 99.500 support.
Trading Strategy:
Entry: Look for short entries near the 101.200-101.500 range.
Target: Aim for the 99.500 level as the profit target.
Stop-loss: Consider placing a stop-loss above 101.500 to manage risk effectively.
This setup offers a favorable risk-to-reward ratio in line with the ongoing downtrend.
DeGRAM | DXY rebound from the retracement levelDXY is moving under an ascending channel between trend lines.
The price has reached the lower boundary of the channel and 62% retracement level.
We expect a rebound.
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DeGRAM | DXY growth in the channelThe DXY is moving in an ascending channel above the trendline.
The price is in the supply zone, between the correction levels.
The chart maintains an ascending structure.
The price is rising after reaching the lower boundary of the channel.
We expect the growth to continue.
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DeGRAM | DXY correctionDXY is moving in an ascending channel above the trend lines.
The chart has broken the descending structure.
The price has already reached the dynamic resistance and approached the supply zone, which has repeatedly acted as a strong resistance zone.
We expect a correction if the price consolidates under the lower boundary of the supply zone.
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DXY's Trend in Question: Support Holding, But Bulls need 102In my Friday analysis, I mentioned that if the DXY drops below the support zone, defined by the recent low and the year's starting price, we could expect further downside.
Initially, following the release of the NFP data, the price did decline, but it quickly reversed after reaching the support level, forming a strong bullish reversal candle with a long tail on the chart.
While we can't confirm a trend reversal yet and USD bulls are still not in out of the woods, as long as this support holds, there is a strong possibility of a move to the upside.
For a clearer medium-term outlook, we need a break above the 102 level.
If this happens, the path to 104 should open up, and we can expect the price to rise toward that zone.
DeGRAM | DXY reached the retracement levelDXY is moving in a descending channel between trend lines.
The descending structure is preserved.
The price has reached the resistance level coinciding with the 38.2% retracement level.
The chart has reached the dynamic resistance and the upper boundary of the channel.
We expect a pullback after consolidation under the resistance level.
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Share your opinion in the comments and support the idea with like. Thanks for your support!
DXY "Dollar Index" Bank Money Heist Plan on Bullish SideHola ola My Dear,
Robbers / Money Makers & Losers,
This is our master plan to Heist DXY "Dollar Index" Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money.
Entry : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Swing Low
Stop Loss : Recent Swing Low using 1h timeframe
Warning : Fundamental Analysis comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style.
GBP USD Trade Setup 1 hour timeframe.Following the head and shoulder pattern formed on GBP USD last week the price has been pushing down as DXY continues bullish..
As we all know the market dose not move in a straight line up trend makes higher highs and higher lows, down trend makes lower lows and lower highs.
On the 1 hour timeframe GBP USD has broken a structure level to the downside, before we can sell we need to see a pullback of the next candlestick retesting the lower low level. ⏰
DXY- Where to?After forming a double top above the 106 level, with the second top occurring at the beginning of July, the DXY (US Dollar Index) began to decline.
After breaking the 104 neckline of this pattern, the index tumbled to the key support level at 100.50, which coincides with the price level from the start of the year.
As expected, the price started to recover, and at the time of writing, it is trading at 101.66. Although there has been a rebound from support, it's too early to consider the trend reversed. For a confirmed reversal, the price needs to break back above the 102.50 zone.
If this happens, the price could continue upward, with a longer-term target around the 106 level and an interim resistance at 104.
Conversely, if the index fails to break above 102.50 and drops back to 100.50, there is a high probability of a further decline, with 98 as the next target.
Bullish bounce?US Dollar Index (DXY) is falling towards the pivot which has been identified as a pullback support and could bounce to the 1st resistance which acts as a pullback resistance.
Pivot: 101.53
1st Support: 101.16
1st Resistance: 102.144
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Navigating Critical Market Levels: DXY & NAS100 Analysis👀 👉 The DXY and NAS100 are currently at pivotal points, with price action flashing caution signals. The DXY is probing key liquidity levels, while both DXY and NAS100 are showing signs of structural shifts in their trends. It could be prudent to approach the market cautiously today, waiting to see how the USD develops during the New York session and into Tuesday.
Disclaimer: The insights shared in this video are for educational purposes only and should not be considered financial advice. Always conduct your own analysis or consult with a financial advisor before making any trading decisions. 📊✅
DeGRAM | DXY rebound from the extension levelDXY is moving in a descending channel between trend lines.
The price has reached the 100% extension level and is now trading above the support.
The chart has formed a pattern AB=CD.
We expect a rebound.
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Share your opinion in the comments and support the idea with like. Thanks for your support!
DXY "Dollar Index" Bank Money Heist Plan on Bullish SideMy Dear Robbers / Money Makers & Newbies,
This is our master plan to Heist DXY "Dollar Index" Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money.
Entry : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Swing Low
Stop Loss : Recent Swing Low using 30 mins timeframe
Warning : Fundamental Analysis comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style.
USD DOLLAR possible reversal for 102.50USD Dollar hit the 100.50 price level which is strong support area of last 8 months. 28th December 2023. this is quite strong support area which should fight to hold and reverse price upside to the 102.50. Buying zone 100.50, stop loss: 100.20, target: 102.50. Trend is quite bearish, reversal trade takes time to digest supply for long. If USD Dollar holds that strong support then might see fall in gold, eur and other currencies as well.
USD bears! Markets don't move in a straight line (forever)We stand back to admire the long-term chart of the US dollar index, and yes there could be further downside over the coming weeks. But a quick check on the daily timeframe makes us wary of jumping into an already well-established short, given potential support levels nearby and the fact everyone and their dogs seem to be bearish the dollar.