DXY

usx fail take off , tank a little , so range down to up likely . others all range down like gold , oil! good scalping areas still at least previous low before burst up again

good tanking lately , serious fear of tanking already develops , fobia likely next as so far marginally escape good limit down 97.83 , better say last limit 87.73 , do ir die situation at present , ok at tl still . pa now most probable . waiting more tanking next !

Correction 4 or c up on the way, midwY as it seems and not in straight line, so ranging diwn till next day up again if not too hurry! Perfect pa, today all selling and very well, including gold and oil with other pairs.

waiting breaks 98.72 for 97,45 target another limit , already it confirmed top failure

So there was breaks 98.72 and hold, breakout tl now below another level interest 98.39 with yesterday news and may continue down and again not in straight line most possibly, no news then better correct up 98.45 /53 or even up before further down. Take care

Bull at start, may not in wave 1 likely by 3. So next resistance goes 98.64. Take care

The double bounce off 97.75 could be extremely significant as this level had previously acted as resistance coming from June 2020, and signals strong USD demand around this level.

All trading carries risk, but it should be interesting to see what impact Jerome Powell's speech on Monday has on near-term direction for the greenback. A hawkish tone could help DXY hold a break above 99, whereas a dovish outlook would likely put a retest of 97.75 back on the cards.

waiting for 98.96 test , breaks or better say 99 breaks today if possible !

DXY really doesn't seem comfortable above 99, getting rejected for the third time this month after its initial breakout attempt in early March.

Price action so far this week has followed the same pattern seen throughout the month where a close above 99 is followed by a multi-day pullback, before bouncing off the key support-turned-resistance level coming from the June 2020 highs, around 97.75.

All trading carries risk, but it should be interesting to see if DXY becomes range-bound in the near-term, or if Thursday's PCE figures provide a deeper insight into the Fed's rate hike plans, and act as a catalyst for a USD move in either direction.

Likilly as in multi months resistance areas to multi yrs ranging, bullish but not in straight line or easy to do so, medium to even extreme levels wear and tear possible!! Lets see.

Breaks previous top for next target 103.94. Play smooth through very strong resistances!

Dxy is at an hourly supply zone along with the andrew's pitchfork median line acting as strong resistance. We need to see strong fundamentals this week or i think we'll consolidate for a brief moment. As inflation and the war surge on we may actually see dxy taken over by the bears. Waiting...

looks like a trap for bulls?

yeah but difficult to go for it before confirmation , actually at the great resistance area but against daily bull candle last too. lets see how it unfold.take care

checking usdx , ok strong bullish but not any enough , a good correction need to proceed as standard pa , towards 102.84 , even down to 102.60ok for 109 +target

the same , may correct down 1-2 wks before real bull restart.take care