Possible Trend of the Dollar Index in 2023
Atualizado
In this idea, the trend of the dollar index in 2023 is shown.
In 2022, due to the fall of the stock index of most industrialized countries, we saw the growth of the dollar index, and the final resistance line according to the Fibonacci tool set at the Fibonacci level of 1.41 and the index at 114.
but after that, the dollar index began to fall, and this fall has three hard resistance levels ahead, and the hardest level is the range between Fibonacci 0.38-0.5.
Good luck.
SEYED
In 2022, due to the fall of the stock index of most industrialized countries, we saw the growth of the dollar index, and the final resistance line according to the Fibonacci tool set at the Fibonacci level of 1.41 and the index at 114.
but after that, the dollar index began to fall, and this fall has three hard resistance levels ahead, and the hardest level is the range between Fibonacci 0.38-0.5.
Good luck.
SEYED
Nota
Stay with dxy Bears to the next sellers targetNota
dxy chart indicates a bull trap .please do not trapNota
at second seller target.potential price and index are
gold 1950-1960 USD
Silver 25-25.5 USD
USDJPY 123-124 USD
Nota
sell order touched 100.8 as expecteddxy buy order activated.
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I Change my Target on on my Idea (May 1 ) to following chartNota
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DXY Rise Up to 105.5 then Start Falling dxy deeplyTrade ativo
DXY Trend Before / After Starting CorrectionTrade fechado: objetivo atingido
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possible trend of dxy on September.Nota
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DXY Is Approaching to F 1.27 ( 106.76 ) and Now dxy Needs minor correctionTrade ativo
MINOR Correction is Done as I expected .now Dxy rise more to level 1.618
Nota
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Potential DXY Trend in AprilTrade ativo
Trade fechado: objetivo atingido
"Based on the previous idea, the dollar was unable to surpass the key level of 101.5 and as a result, the dollar index is inclined to move downwards towards the next level (the 2nd Fibonacci level) until reaching 99.6. Subsequently, the upward trend of the dollar is expected to begin."
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