USDOLLAR H4 | Bearish reversalBased on H4 chart analysis, we can see the price rising towards the sell entry at 12,826.67, which is a swing high resistance.
Stop loss is at 12,892.30, which is a swing high resistance.
Our take profit will be at 12,752.33, which is a pullback support.
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USDOLLAR trade ideas
Dollar Index(DXY) Rebounds from Key Support–Is a New High Cominghello guys.
Let's see what happened for us index and what will happen:
Uptrend Support:
The price has been respecting a long-term ascending trendline since 2011, indicating a strong bullish structure.
Recent price action suggests that the index retested this trendline and bounced off it.
Key Resistance & Breakout Potential:
The index is in a consolidation phase after reaching a local high.
If the price holds above the trendline and breaks the previous high (~13,250-13,400), it could trigger further upside movement.
The next potential target is near 13,500-13,800 based on historical price action and Fibonacci extensions.
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Possible Scenario:
Bullish Case: If the price holds above the trendline and breaks the current range resistance, it could continue toward new highs.
Bearish Case: A breakdown below the 12,800 support level could lead to a deeper correction toward 12,400-12,000.
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Consequences of This Move:
For USD Strength:
A bullish continuation in the Dollar Index means a stronger USD, which could negatively impact commodities (gold, oil) and emerging market currencies.
Forex pairs like EUR/USD and GBP/USD could decline as the USD gains strength.
For Global Markets:
A weaker DXY (if the support breaks) would typically support equity markets and commodities like gold and Bitcoin, as a weaker dollar makes them more attractive.
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Conclusion:
The chart suggests bullish momentum, but confirmation is needed with a breakout above 13,250-13,400.
As long as the price respects the trendline and Fibonacci support, the uptrend remains intact.
Keep an eye on macroeconomic events (e.g., Fed rate decisions, inflation data), as they can impact this movement significantly.
GLOBAL RECESSION IS COMING!The chart provided depicts the **US Dollar Index (USDOLLAR)** on a monthly timeframe, highlighting a bearish outlook. The analysis suggests a significant downturn in the value of the US dollar, which could have profound implications for the global economy. Here's a breakdown of how this scenario could lead to a global recession:
Key Observations:
1. Lower High Formation : The chart shows a lower high forming after a previous peak, signaling potential weakness in the dollar's long-term trend. This aligns with bearish market structure, indicating that sellers are gaining control.
2. Fair Value Gap (FVG) : The annotation mentions that a "Monthly FVG" has been respected. FVGs are imbalances in price action often revisited before continuing the prevailing trend. In this case, the FVG rejection reinforces the bearish continuation.
3. Projected Downtrend: The red arrow projects a steep decline in the US dollar's value, suggesting a collapse or sharp devaluation over the coming months or years.
Implications for a Global Recession:
1. Weaker Dollar and Global Trade : As the world's primary reserve currency, a collapse in the US dollar would disrupt global trade and financial systems. Countries heavily reliant on dollar-denominated trade or debt would face increased costs and financial instability.
2. Debt Crisis in Emerging Markets: Many emerging economies hold significant amounts of US dollar-denominated debt. A devalued dollar could lead to capital flight, higher borrowing costs, and defaults, triggering financial crises in these regions.
3. Commodity Price Volatility : Since commodities like oil and gold are priced in dollars, a sharp decline in its value could lead to extreme volatility in commodity markets, further destabilizing economies dependent on imports or exports of these goods.
4. Investor Panic and Market Sell-Offs : A collapsing dollar would likely trigger panic in global financial markets. Investors may flee to other safe-haven assets like gold or cryptocurrencies, leading to sharp declines in equity markets worldwide.
5. Global Economic Contraction: With trade disruptions, financial instability, and market volatility, global economic growth would slow significantly. Central banks might struggle to stabilize their economies due to reduced policy effectiveness amid currency turmoil.
Conclusion:
The chart's bearish projection for the US dollar suggests that its collapse could act as a catalyst for widespread economic instability, potentially leading to a global recession. This scenario underscores the interconnectedness of currencies, trade, and financial markets in shaping economic outcomes worldwide.
Dollar Index Basket Quote | Chart & Forecast SummaryKey Indicators On Trade Set Up In General
1. Push Set Up
2. Range Set up
3. Break & Retest Set Up
Notes On Session
# Dollar Index Basket Quote
- Double Formation
* 012345 | Wave Count & Entry Feature | Subdivision 1
* (Consolidation Argument)) | Uptrend Bias
- Triple Formation
* ABC Flat | Completed Survey | Subdivision 2
* Numbered Retracement | Bias On Hold | Subdivision 3
* Daily Time Frame | Trend Settings Condition
Active Sessions On Relevant Range & Elemented Probabilities;
European Session(Upwards) - US-Session(Downwards) - Asian Session(Ranging)
Conclusion | Trade Plan Execution & Risk Management On Demand;
Overall Consensus | Buy
Potential Bad CPI Data recent reports have suggested that inflation is moderating but remains sticky in key areas like services. If the data shows stronger-than-expected inflation, markets could respond negatively, with expectations of prolonged restrictive monetary policy. Conversely, a softer reading could boost market optimism and ease pressure on bond yields and the dollar. Ultimately, it hinges on the components driving inflation.
Also Nasdaq looks like a h&s
DXY "DOLLAR INDEX" Bank Bullish Robbery Plan To Steal MoneyHola! 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 / Trap at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
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 2h timeframe
Attention for Scalpers : 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 💰.
Warning : Fundamental Analysis news 📰 🗞️ 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.
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DXY "DOLLAR INDEX" Bank Money Heist Plan On Bullish SideBonjour 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 / Trap at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Attention for Scalpers : 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 💰.
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 news 📰 🗞️ 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.
Stay tuned with me and see you again with another Heist Plan..... 🫂
Dow Jones Dollar Index daily TF The Dow Jones has exhibited a bearish trend for the past nine days, following a break from its bullish channel. Historically, during its last two bullish channel periods, the index experienced a bearish phase lasting 7 to 8 days before finding support and moving higher. I anticipate a similar pattern this time, expecting the index to reach one of my areas of interest before initiating a downward swing. Once it undergoes a healthy pullback and begins to decline, a close below 12,963 will signal a significantly bearish outlook.