DXY - 48 hrs. Not only the upcoming US elections, but also the primaries of the US Republicans for the presidential candidate in 2024, will, for better or worse, after the monetary policy of the FED, more or less, be the most decisive factors for further price action DXY! Or? If you follow me every day, then you know that I always basically assume an ambivalent...
DXY - 48 hrs. The sell-off in the stock markets on Wall Street took place on yesterday's trading day (Wednesday), contrary to the rise in the DXY and/or the increase in the price of the us yield curve. Was this triggered by options (usually options that expire on the same day)? Or whether it was a daily dip on the way up (in the case of the stock market)? I...
🎯 DXY - USD Index USDINDEX - The U.S. Dollar Index (USDX, DXY, DX, or, informally, the "Dixie") is an index (or measure) of the value of the United States dollar relative to a basket of foreign currencies, often referred to as a basket of U.S. trade partners' currencies, this index helps us to understand if USD is bullish or bearish on a short term or long term...
🎯 DXY - USD Index USDINDEX - The U.S. Dollar Index (USDX, DXY, DX, or, informally, the "Dixie") is an index (or measure) of the value of the United States dollar relative to a basket of foreign currencies, often referred to as a basket of U.S. trade partners' currencies, this index helps us to understand if USD is bullish or bearish on a short term or long term...
Correlation between DXY and EUR/USD "and tradingview wont let me publish because it is short description, now its not😃 "
The US Dollar Index is used to measure the value of the dollar against a basket of six world currencies - Euro , Swiss Franc , Japanese Yen, Canadian dollar , British pound, and Swedish Krona . DXY is more correlated (inversely) with EURUSD than the others currencies. It is a weighted geometric mean of the dollar's value relative to following select...
Hello dear friends. In this analysis, you can see that the dollar index has reached the demand area. It can also be seen in that area that the price is in a relative support at 92.8 and 92.5 and its relative resistance is between 94 and 93.7. To climb: Stabilize above 94 For Descent: Fix below 92.5 Good luck.
Today I have told you to close the position of NZD/USD in profit before it went up. Why did I do this? Because I`m checking correlations. Whenever you trade a MAJOR-PAIR with USD/XXX or XXX/USD do make sure to use the US-DOLLAR-INDEX (DXY) to check it for valid inter-market-correlations for your asset. Whether it`s a positive or negative correlation - you...