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DOLLAR COT STUDY - COT DIV BEFORE DIST- SEP FOMC meetings pivotal post-Covid ACCUMULATION: - From FOMC SEP 2020 until FOMC SEP 2021 price was accumulating in a range - From FOMC SEP 2021 until FOMC SEP 2022 price was trending up MARK UP: - Trend progressed in 3 COT-stages: 1. Re-accumulation (Large COT increase while price remains relatively depressed) 2. Mark Up (Limited COT increase while price rallies) 3. Climax Buy (COT Tops after limited increase while price rallies followed by big retrace) DISTRIBUTION: - First portion of distribution started after Climac Buy - Price makes Higher Highs followed by topping formation while COT makes Lower Highs - Re-distribution phase starts after FOMC SEP 2022 - Price is no longer supported by Instituions EXPECTATIONS: - Weekly (fresh) Demand-Zone at 99.50 - 99.50 is 50% of swing from 2021-Low to 2022 Climax Buy - From 99.50 wait for COT to indicate new phase
INDEX:DXYShort
by xtrader1
EXPLAINED DIXIE (US Dollar Currency Index) What, why where, how?The US Dollar has been in the limelight and not in a good way. In fact, he US dollar has not been dimmer since 22 September 2022 where it was trading at 114.42. Currently it’s at 103.90 (9.19%) down… But what does it all mean? Why is the Dixie such a popular index to understand, and trade. You see it in the news every time you turn on Bloomberg and you see it in the publications. So we might as well understand it for the next time they mention the Dixie. IN this short article I’m going to answer the 6 most important questions, to help you understand the Dixie is, how it’s calculated and how to trade it… 1. WHAT IT IS? The U.S. Dollar Index – DIXIE - (USDX) was first intrpduced in March 1973 and is a measure of the value of the U.S. dollar relative to a basket of foreign currencies. 2. HOW IT’S CALCULATED The USDX is calculated by the Federal Reserve Bank of New York and is based on the exchange rates of six major currencies: the euro (EUR) – Accounts for 57.6% - ,Japanese yen (JPY), British pound (GBP), Canadian dollar (CAD), Swedish krona (SEK), and Swiss franc (CHF) . 3. ECONOMY GAUZE The DIXIE is used as a barometer for the value of the US dollar to base it on the potential strength of weakness of the U.S Economy. 4. TRADED BASED ON The USDX is traded on financial markets, and its value moves based on certain macro aspects such as: Changes in exchange rates, economic conditions, and global market trends. 5. USE Investors and financial institutions uses the USDX is often to hedge against currency risk, as well as to speculate on changes in the value of the U.S. dollar. 6. HIGHER VERSUS LOWER VALUE If the Dixie goes up this means the US Dollar is gaining strength against the other currencies. The more it goes up the more it appreciates which indicates a stronger US dollar – Stronger economy – more confidence in the US dollar. If the Dixie drops, it means the US dollar is getting weaker against the other currencies in the basket for the index. As it drops more, it depreciated which tells us the US dollar is getting weaker which means – a weaker economy and less confidence in the US dollar. If this was interesting let me know in the comments or hit the like button and let me know what else you would like to learn about in bite size information. Trade well, live free. Timon MATI Trader
TVC:DXYEducation
by Timonrosso
USD Dumping Alerts " overvalued " The dollar had a nice rally and is about to collapse .. the rally was markup and we are gonna see a retest towards 106 must break down the 106 level then it's bullish .. building short positions starting from the September candle, especially above 109.900 and going full short if it touches 119.600 .. its a large zone so give it space and dont rush, its worth it ,, oh, I forget to mention that all fundamentals are dollar bearish now it's time for the dollar to pay the bill :)
TVC:DXYShort
by ShoeIsRich
1
S&P HIGHER IN DEC WHILE USD WEAK + COT BULLISH- Seasonal: S&P is supposed to be strong in DEC - Seasonal: USD is supposed to be weak in DEC - Pattern: Q4 created a W + 1st push, 2nd push is to be expected after stophunt - Technical: Bullish break of Market Structure on the Daily in OCT - Efficiency: D1 overlapping Gaps + Imbalances offer support around 3900 and 4000 - S&D: Weekly Supply-zone at 4500 with Imbalances below it - COT: Asset Manangers accumulate longs and distribute shorts since OCT COT + SEASONALLITY VISUALISED: images2.imgbox.com
PEPPERSTONE:US500Long
by xtrader1
DXY CAN DO A BOUNCE HERE ON THE SUPPORT FORMEDCheck out the trade plan for DXY today based on the technical analysis. Hope this analysis is useful, make sure to hit the thumbs and also follow my tradingview profile for future updates. Thank you! DXY has revisited the key level as expected and showed through our previous analysis and here we are expecting a possible bounce back on the highlighted area as supported by concerning the recent price action on this current level. By any chance, if DXY fails to hold up the bears on this level then we will see another hard dump breaking the support.
TVC:DXYLong
by TraderChampX
Trade Weighted US Dollar Index: Broad, Goods and Services❓How long will the dollar appreciate? 🏦 The Federal Reserve dollar indexes are designed to help estimate the overall effects of U.S. dollar exchange rate movements on U.S. international trade. 📈 There are three indexes: (1) the broad dollar index (this index), which is constructed using the currencies of the most important U.S. trading partners by volume of bilateral trade, and two sub-indexes, which split the currencies in (2) the broad index into advanced foreign economies (AFE) and (3) emerging market economies (EME). The broad dollar index contains the currencies of 26 economies for which bilateral trade with the United States accounts for at least 0.5 percent of total U.S. bilateral trade. It includes the Euro Area, Canada, Japan, Mexico, China, United Kingdom, Taiwan, Korea, Singapore, Hong Kong, Malaysia, Brazil, Switzerland, Thailand, Philippines, Australia, Indonesia, India, Israel, Saudi Arabia, Russia, Sweden, Argentina, Venezuela, Chile and Colombia. 🤔 Trade-Weighted Dollar Index vs. the U.S. Dollar Index (DXY or USDX) Created in 1973, DXY is composed of a basket of six currencies: Euro (EUR), Japanese yen (JPY), British pound (GBP), Canadian dollar (CAD), Swedish krona (SEK), and Swiss franc (CHF). 💶 The EUR is, by far, the largest component of the index, making up almost 58% (officially 57.6%) of the basket. The weights of the rest of the currencies in the index are: JPY (13.6%), GBP (11.9%), CAD (9.1%), SEK (4.2%), CHF (3.6%). When the Fed introduced the Trade Weighted Dollar Index, it hoped to create a better alternative to the USDX, namely by using more currencies and periodically reviewing the index's composition. 📚 More info: fred.stlouisfed.org www.federalreserve.gov www.investopedia.com
FRED:DTWEXBGS
by andre_007