U.S. Dollar Index forum
๏ปฟHow this should be value less like this -other currencies are at good conditions even with bad exmconomic data
๐ต DXY Real-Time Data
Daily Change: -0.12% (down from previous session)
Monthly Change: -0.89%
Yearly Change: -3.95%
๐ Retail & Institutional Sentiment
Retail Traders:
Bullish: 42% ๐ข
Bearish: 48% ๐ด
Neutral: 10% โ๏ธ
Institutional Traders:
Bullish: 55% ๐ข
Bearish: 35% ๐ด
Neutral: 10% โ๏ธ
๐ฑ Fear & Greed Index
Current Level: 53 (Neutral) ๐
Scale:
0-25: Extreme Fear ๐จ
25-45: Fear ๐
45-55: Neutral ๐
55-75: Greed ๐
75-100: Extreme Greed ๐คฉ
๐ Fundamental Score
Score: 62/100 ๐ก
Key Drivers:
Federal Reserve Policy: Expectations of gradual rate easing due to softer inflation data ๐
Labor Market: Recent weak jobs data (22,000 jobs added in August) signals cooling economy ๐
Global Risk Sentiment: Stronger equities reduce USD safe-haven demand ๐
๐ Macro Score
Score: 58/100 ๐ก
Key Factors:
Geopolitical Risks: Ongoing concerns support safe-haven USD demand ๐ข
Trade/Fiscal Policy: Policy uncertainty and rising deficits exert downward pressure ๐
Global Capital Flows: Shifting flows impacting USD strength ๐
๐๐ป Overall Market Outlook
Outlook: Bearish (Short) ๐ด
Key Insights:
Price hovering near 97.5, below key resistance zone (98.5โ99.2) ๐
Technical indicators (RSI, MACD) show bearish momentum ๐
Weak jobs data and Fed rate cut expectations drive downward pressure ๐
Potential for volatility with upcoming PPI (Sep 10) and CPI (Sep 11) reports ๐
tradingview.com/x/1iz7u0A6
