The Fed's Higher-for-Longer Strategy: A Strong Dollar Squeezes Markets
The Federal Reserve's unwavering commitment to its "higher-for-longer" interest rate policy is pushing the U.S. dollar to its limits. Chair Jerome Powell's recent pronouncements leave little doubt: rate cuts won't be coming soon. This strong dollar is creating a ripple effect across global...
The US dollar is soaring, and investors are scrambling to jump on the bandwagon. This surge in demand is reflected in the options market, where the cost of betting on further dollar appreciation has reached its highest point since November 2023. This trend highlights the growing confidence in the US economy's resilience, prompting a flight to safety in the...
For those curious about the DXY's direction and targets, take note of the bullish movements displayed in these two legs.
The Dollar Index is showing signs that it could complete these runs and effortlessly reach the resistance zone.
Keep a close eye on these developments as the DXY approaches key levels.
Always good to measure against the DXY not just the USD value
Not perfect of course as it is mainly the Euro and Yen but still insightful.
Been watching the relationship for a while
currently breaking out to the upside
HVF theory means this should be a violent expansion
Target 1 coming up.
The recent strength of the US dollar is posing a significant challenge for emerging markets around the world. Their currencies are weakening, creating a ripple effect across their economies. This article explores the reasons behind the dollar's dominance, the impact on emerging markets, and potential policy responses.
A Rising Dollar: The Driving Forces
The US...
hello everyone, DXY has been bullish with all the positive USD news.. at the moment dxy reached the resistance level the price can either pull back to 1st or 2nd support depending on the market.. buyers can kick in since all pairs are falling against USD (mostly all major pair).. so far there is no confirmation on price being bearish... price need to break below...
#DXY is preparing for next step of moving up and this bullishness will bring more volatility. Bad for #crypto #btc #commodities #stocks etc. Hard price declination will be the invalidation. Not financial advice.
The US Dollar Index is showing a bearish chart pattern after having made a strong rally since the beginning of 2021. We are now seeing a correction that will most probably end in some kind of consolidation, which should take it down near the 100 mark. In the meantime, the EUR and GBP are booking some gains against the greenback!
Dólar is going to keep risig for the next few months. I Guess untill end of May, brginning of June, surpassing the pprevious hight of 2023, but bellow the high of 2022. I dont ecpect to see GOLD to rise as it did in previous weeks with the dollar. I exepect the opposte: A correction of 8 weeks os so in gold back to 2100 -2150.
The dollar index pair broke the resistance level of 1.04500 and closed the candle body above the 1.0500 level. the market gives some retracement at the 1.04500 level and further goes upward at the 1.0700 level which is a strong resistance level.
In my opinion, the correction of the dollar has been completed and this index has started moving to break the level of 121 by completing the money back with the local support of the rand number 100, and this is a warning for other markets.
"Beta version whale"
In our last analysis, the DXY TVC:DXY moved as we had anticipated. Right now the bullish scenario is dominant, but DXY is overbought and hit a resistance.
So there is a chance that price make some retracement.
Our technical view has been shown in the chart.
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Thanks For Reading
Team...
Hello Traders !
Yesterday, The Dollar Index Broke The Resistance Level (104.976 - 104.810).
This Resistance Level Becomes a New Support Level !
So, I Expect a Bullish Move 📈.
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TARGET: 105.770🎯
Previous Analysis:
After a breakout of a key daily structure resistance yesterday,
Dollar Index is consolidating within a horizontal range on an hourly time frame.
For those, who are looking for an intraday signal to buy,
a bullish violation of the resistance of the range -
an hourly candle close above 105.32, will give a strong bullish confirmation.
A bullish continuation will...
DAILY
Just watch, the current sideways movement has me in a daze, previous similar price dropped and melted.
4H
Let it move more before any judgements. Rejection of price from 18200 and candles direct us to look for sells.
1H
17900, our target price. Just waiting for entry prerequisites.
15Min
The impulsive bear candle just gave us the first confirmation wait...
In this video, I'll conduct a comprehensive analysis of GBPUSD , examining it from a High Timeframe (HTF) perspective down to our Low Timeframes (LTF) . This approach will provide insights into what to expect in trading for the upcoming week.
Additionally, I'll delve into an analysis of the DXY to further enhance our understanding of market dynamics. Stay...
🏃♂️ DXY index is moving near 🔴 Heavy Resistance zone($105.88-$104.65) 🔴.
📈In terms of Classical Technical Analysis , the DXY index has succeeded in forming an Ascending Broadening Wedge Pattern and is currently completing the right shoulder of the Head and Shoulders Pattern .
💡Also, the Regular Divergence (RD-) between the right and left shoulders ...
