U.S. Dollar Currency Index DXY

VasilyTrader

It looks like a correctional move started on Dollar index. Here are the key levels for you to watch: Vertical levels: The market is currently trading within a huge rising parallel channel. Its upper boundary is the closest resistance to watch. Its lower boundary is the closest demand point. Horizontal levels: 97.5 - 97.4...

OptimoomFX

After breaking above the rounded bottom that I've spoken about, DXY accelerated its gains and made a local high shy under 97. Now the index is in a normal correction and this can give traders the opportunity to sell rallies in major USD pairs (EurUsd, GbpUsd, NzdUsd, AudUsd) Only a break back under the neckline's pattern would put a pause in this scenario

Jin_LCMSTraders

Yesterday, USD strengthened against most major currencies except GBP, NZD and CHF. The U.S. jobs report will be released later at 2130 (GMT+8). Average Hourly Earnings m/m (Forecast: 0.4%, Previous: 0.4%) Non-Farm Employment Change (Forecast: 553K, Previous: 531K) Unemployment Rate (Forecast: 4.5%, Previous: 4.6%) The ISM Services PMI data (Forecast:...

MatrixBits

How long will the monopoly money last? This is the question they have invested billions daily into these markets and already blew thru billions that they printed. They can't keep investing they are going to default soon. Omicron wasn't the reason for the markets crashing it was monopoly money that was printed and continously reinvested. They will run out and...

09:02

john12

XLF IWM SHRT and FAZ SCO longs. We will test top again just a pull back

ZeroIn_Traders

As we can see by the illustration we have an up trend that has broken to the downside with retest already completed. I am anticipating weakness od the dollar from here on in. Will update as time goes on, stay tuned! Good Luck. God Bless!

Wondesen

DXY has shown exhaustion after strong push, I WILL expect massive drop. monthly tf..fib retrace and restate weekly tf..indecision after massive bullish move H4 tf.. structural low broken . Just need good entry with great rrr.

royalchart4

Education • A range of educational tools at your disposal to empower you to make the best informed decision and to have a pleasant trading experience •

peterbhc

DXY can tell us if investors are deploying capital or retaining capital into the market. Typically is DXY drops, investors are investing into assets and if it rises they are taking profits. DXY is at support, within the wedge. Watch this level to break or advance for general investor sentiment. Good Luck

ShahedZare

Based on Simple Technical Analysis ( Trendline + Support & Resistance ) Risk Disclaimer: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they...

Fox666

On the chart we see a declining wedge, which has formed since March 2020. On February 1, 2021, it was broken up. Then we see the formation of the double bottom. In June 2021, DXY began to grow and followed the trend. He subsequently tested strong resistance 94.5. It was not until November 10 that this level was surpassed for the first time since July 24, 2020. I...

SteadyTradeAI

Central banks have considerable power in the foreign currency market. Central banks are primarily responsible for long-term inflation management while also contributing to the general stability of the financial system. When deemed appropriate, central banks will act in financial markets in accordance with the previously specified "Monetary Policy Framework." Forex...

TTMFS

DXY - 02Dec2021 On the daily, price bounced higher from the 20EMA. On the H4 time frame, prices could be potentially forming a h&s to move further down. Would have to wait and see whether the price close below neckline with confirmation. This is for personal record purposes only, not financial advise or solicitation of trade.

Jin_LCMSTraders

Yesterday, USD strengthened against most major currencies except JPY. The ISM Manufacturing PMI data (Actual: 61.1, Forecast: 61.3, Previous: 60.8) released yesterday indicated a slight increase in the pace of expansion in the manufacturing sector in November. Several FOMC committee members will be speaking later and tomorrow. During these times, there may be...

SteadyTradeAI

Almost perfection with t forecasting given over the last few weeks, as is inline with the exact trading strategy and style we represent for free on a daily basis! Now, what's the deal with the USD?

AnonimFXRO

Expect bullish price action on USD INDEX, price just made a return to the orderblock h1 filled the imbalance bullish, break the structure on the H1 TF from bearish into bullish. Targets are above 97.000 Look for buys on usdxxx pairs Look for shorts on xxxusd pairs What do you think ? Comment below..

CirRocfx

Dollar has stayed on track so far from my weekly Outlook on Sunday. Would like to see price continue down to the Lower Targets and Fill the IMB and from there We will see if price will begin to accumulate and want to create the higher low to Push higher. Overall I am very bullish on Dollar but taking seasonality into consideration we might see some retracement...

madka121

hi friends,this is my idea of dollar index on HTF. what is your comment?