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
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Stay with dxy Bears to the next sellers target
لقطة
ملاحظة
dxy chart indicates a bull trap .please do not trap
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at second seller target.
potential price and index are
gold 1950-1960 USD
Silver 25-25.5 USD
USDJPY 123-124 USD
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sell order touched 100.8 as expected
dxy buy order activated.
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Possible trend of the dollar index
لقطة
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dxy needs following trend to stabilize market
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MY TARGET FOR DXY
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USDCHF Trend :Reversal Trend at 0.87
لقطة
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I Change my Target on on my Idea (May 1 ) to following chart
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ملاحظة
DXY BEARISH CRAB PATTERN WILL START AT 104.5
تم فتح الصفقة
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DXY Rise Up to 105.5 then Start Falling dxy deeply
تم فتح الصفقة
DXY Trend Before / After Starting Correction
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أغلقت الصفقة: تم الوصول للهدف
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possible trend of dxy on September.
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ملاحظة
لقطة
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DXY Is Approaching to F 1.27 ( 106.76 ) and Now dxy Needs minor correction
تم فتح الصفقة
MINOR Correction is Done as I expected .
now Dxy rise more to level 1.618
ملاحظة
Bearish Shark Pattern Will start at point D of Shark Pattern
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ملاحظة
Potential DXY Trend in April
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تم فتح الصفقة
لقطة
أغلقت الصفقة: تم الوصول للهدف
"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."
Harmonic PatternsTrend Analysis

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