According to my previous analysis of bitcoin, I can say that when the bitcoin reaches the ceiling, the strength of the dollar should be the lowest. The date of this event can be December 2021. Up to 88 Do you think this will happen?
The USD is breaking out, or has broken out... with strength. See the Daily and Weekly indicators, including the candlesticks. Next resistance is about 92.70 This is much implications across markets, including Crypto. Heads up.
DXY - Bulls or Bears? As we head into start of May month, end of month flows - rebalancing is in full action. Technical wise: bulls are gain control if we can stay above 91.050 area (5OEMA) the bulls are in control of this market and anywhere above 200 EMA we will be heading towards the 1.618 area. Pattern: Wedge - Perhaps a re-test of wedge coming...
The dollar has reached its lowest level in a recent month, which is why we have seen the growth of all currencies against the dollar, and as you can see, it has formed a downward channel and has accompanied it to the trend line, but in your opinion this The decline will continue and the trend line will be lost ?? Such a thing is unlikely to see a return of the...
They keep printing it... but it keeps rising The dollar reminds me of the experiment done on Wolverine, pumped him up with lot's of Adamantium until he became a beast. So here we go we have tons of new dollars but they are heavier than most would understand. Fed-men Apocalypse, the rise of the mighty X-dollar
This is a little different than what I usually do. Very straight forward line charts of the IXIC, DJI, and SPY. Showing how the changes in the value of the Dollar over Gold, impact the market. I know this isn’t the only influencing factor, as each market has its own levers, but this simple deviation of the two can weigh heavily on the markets.
Dolalr index starts to sho weakness. NFP was negative and even worse the Avergae Hourly Earnings result is a problem the Feds will have to face.. Bad news, fundamentally and technically , the dollar seems to be weak at this moment.
The dollar index chart updated. It has risen today like it has done frequently recently but unable to break over the resistance. Given that the Federal Reserve news are on in a few hours, it will be a very interesting session later on today. We will be on alert for more volatility in the next few hours
There is nothing more important to a trader than a good prediction of the dollar's performance. At this stage and since mid-November last year, the dollar index has been going sideways. It landed on our calculated support but failed to find either a good rebound or a break through to dip lower. At this point it's important to understand what the dollar index is.:...
The DX1! US Dollar futures weekly chart suggests that it is about to explode upwards. It is nearing the end of the falling wedge, and MACD just crossed up, with the RPM ready to turn upwards. Oddly enough, the candlestick pattern signals a conflicting stall though... hence, a strong event needs to happen, for a breaking and explosive move... UP
looking at broad picture, it seems DX1 would be in a down trend during Dec'20 expecting to visit maximum 88.000 level so far. Hence reversal sould be early 2021 and if there is good pace would make a top by Dec 2023, if market move little bit slow then top can be achived by Dec 2025.