DXY 3-16-25 Sunday Open - Trendline Break?Over the weekend, the market closed following a 1H bullish trendline break. However, it appears the market is holding resistance on the intraday timeframes. If bearish momentum persists, the daily ATR suggests a potential test of the hourly swing lows around 103.3, assuming the bearish bias continues.
USDINDEX trade ideas
DXY March 18 Analysis DXY
March 18 Analysis
Price parent bias is bear
Price is Discount M/W/D
Previous session discount and discount on the daily range
March 17 delivery
Price delivering in a discount, taking minor buy stops hitting the .618 before turning around passing through the 50 to seek lower prices taking sell stops/FVG.
March 18 delivery
I suspect that Price will seek the 50 level 103.556 and watch for reaction if price will head to rebalance the noted FVG.
Note Price broke structure and bounced off the .70
My Model Factors
Price will have to do the following for me to trade
*session liquidity taken
*macro time only
*first presented FVG
*4 candle pattern
*hour analysis down to 1 min every 15 minutes
*every hour mark out what price has done
Stay open to build narrative once Asia opens.
Stay open to reading price deliver
The US Dollar... March has been a fantastic trading month for me so far. I'm out of drawdown and showing a half-decent profit.
This week, there is a lot happening, including interest rate decisions from the Bank of Japan, Fed, Swiss National Bank, and Bank of England.
At the moment, I'm thinking about the dollar with two minds. Based on current positive economic data and the potential of higher US inflation, I'm bullish. On the other hand, I see the potential downside of the dollar based on US uncertainty, possible US recession, and the US losing its spot as a safe-haven and stable investment environment... 🤷♂️ What do you think?
DXY 17/03/2025DXY 17/03/2025 -> 21/03/2025
Closure above Weekly FVG would mean price is aiming to higher aiming for buy side liquidity on the HTF
Closure inside the weekly imbalance followed by downwards movement will mean we are looking to go past sell side liquidity on the HTF
Neutral BIAS on DXY at the moment : no aggressive selling yet just waiting for more clarity on the daily TF for actionable context "Patience over prejudice"
DXY Bullish SetupAfter the market completed a series of five bullish motive waves, it experienced a sharp decline characterized by an ABC corrective pattern. The price retraced to the 61.8% Fibonacci level, subsequently forming a leading diagonal pattern in wave 1. Additionally, an inverted head and shoulders pattern emerged after sweeping a key daily swing low (SSL) liquidity level. These developments suggest a potential upward movement in a five-wave motive structure.
Market Minds Team (MMT)
DxyDXY Index
DXY is gaining some potential towards upward trend after a massive fall to complete its " 4th " Impulsive Waves. It might retrace till Fibonacci Level - 50.00% touching the Upward Trend Line of Bearish Channel to complete its Order Block
Note :
This is only a Technical Analysis for DXY next move, Its not a proper Signal
DOLLAR INDEX Weekly Bias March 17 2025DOLLAR INDEX BIAS
Weekly Chart
Bias: Bearish
Last week's weekly candle closed through below previous candle low. Possible target below are weekly FVG and Weekly Sell Side Liquidity
Daily Chart
Bias: Bearish
Order flow is bearish. We are currently testing a daily fvg and if market breaks daily sell side liquidity we might eventually test the weekly fair value gap.
Weekly FOREX Forecast March 17-21: Wait to Sell USD, Buy Majors!This is an outlook for the week of Feb 17-21st.
In this video, we will analyze the following FX markets:
USD Index
EURUSD
GBPUSD
AUDUSD
NZDUSD
CAD, USDCAD
CHF, USDCHF
JPY, USDJPY
The structure on the majors is simple and obvious. USD looks to move higher in the short term, into a bearish FVG, and then continue its bearish ways. The EUR, GBP will take advantage and move higher. The AUD and NZD are in consolidation, so waiting for a breakout is the best course of action. The CHF should outperform thee USD.
Be mindful there is a lot of red folder news items coming up for the week ahead, to include FOMC on Wednesday.
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