US DOLLAR CURRENCY INDEX

DXY INDEX

Tez8

Short, trending down as dollar weakens off poor economic data. Also, technical indicates further downside to come. The movement of DXY is correlated to crypto and BTC. DXY down for sustained periods matches increases in BTC price. Please HIT the --->>> "LIKE" and "FOLLOW" button. <<<---- *Not financial advice and is for educational purposes only. Always DYOR.

ThinkingAntsOk

We will talk a bit about an index that has existed for a long time, yet many traders do not know or use it. With this, we do not mean that it is 100% necessary, but it is good to consider certain situations. This post aims to give a theoretical development and then the technical vision of the graph in different temporalities. 🔸First of all, let's talk a little...

msatek

Luego de completar la onda C, con un impulso en 5 ondas, comenzo la correccion de dicho movimiento. Lo cual parece estar formando un HCH, cuyo target seria el piso del canal.

khaksabz

The end of the flat correction.The end of the flat correction

DJMongy

Possible future market cycles for crypto, stocks etc etc

Tez8

SUMMARY: Short, most indicators and patterns look bearish - Target $0.91 Maybe an ABC impulse correction is forming, with a bounce off the 0.5 resistance.

IAMTHEONEE

DXY currently in this triangle/channel remember this chart affects bitcoin market, when its going up btc goes down, when its going down btc goes up.

wavetimer

I have now moved back to a net long THE US $ 100 %

sina724j

Hello to all of you as you can see there is a clear divergence in the RSI and it shows a good probability of changing direction of the market in daily chart. as you can see in the 1st of Sep price passed through the trend line. My first entry point is in the exact spot that trend line broke at 92.664 My advanced Entry for this is at 50% of the first red candle...

Frico_NR

The market will be selling reason being it created a w pattern but failed to break the neckline and now it has created a double top which act as a retest or we can take it as a flaq pattern

amirreza_kashef

This chart is the value of the dollar against the six strong currencies that are very influential in most trades. The whole world goes up and down with the value of the dollar. Friends of this chart have always been declining in the time of the Republicans and rising in the time of the Democrats. According to party policies, these changes are observed in the value...

DanyR1

As we can see we are in the weekly chart. We currently are in a level of resistance, but as we know the more times its been tested the weaker it gets, hense the HH whick. No weekly closure was set above it so it's not to concerning. A fib has been plotted on the chart and it clearly shows that the .78 has been tested, ideally we would look for a 2nd test to...

Badcharts

US dollar inflation adjusted tracks much better to gold than the non-inflation adjusted index.

IAMTHEONEE

When the DXY breaks down expect bitcoin to rise, alot of tether minting recently we should expect a big move soon.

Badcharts

US Dollar Quarterly Point and Figure Chart with 2$ box size. 80 seems like a logical retest.

Symbio_X

When you´re on Top theres only one Way to go -> Down I have a theory that the western world will go away from the USA centric views - cultural, economical and political Trump showed the world that we cant always rely on America and we have to go our own way. This and FED printing insane amounts of USD´s will likely lead to DXY being in a downtrend for decades. Not...

Khaicon

Price has broken the weekly high, as it went there in a corrective manner in a bullish channel. We can see the evening star at the top of the structure.

wavetimer

At this time I feel I must post the BEARISH ALT count for the U.S. $ .As have been 100% long gold on the LOW . The two legs up in time are about equal 62 days and 65 td and 99% in price .I will maintain 100 % long gold and would now take profits in ALL net long U.S. $