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Dollar_index

DXY Performance and Housing Market Outlook in the USOn Thursday, the trading activity appeared to be subdued following the release of several favorable economic indicators. However, a slight uptick in weekly unemployment claims in the United States exceeding 200,000 for the first time since January prompted the short-term returns to plummet, resulting in concerns among investors. This has consequently led to apprehensions of a prospective decline in the stocks, particularly with the significant release of the United States job market data looming over. Alas, the likelihood of an uneventful trading session came to a halt due to a significant decline in banking shares. The implosion of Silvergate Capital, along with the steep descent of SVB stock, drove the banking sector into obscurity. Silvergate Capital had played a crucial role as a financial institution for cryptocurrency exchanges in the United States. It remains uncertain as to how another financial institution can be identified to facilitate the transfer of funds between cryptocurrency and fiat currency. We can expect a rise in the number of existing home sales to 4.19M, surpassing the previous figure of 4.00M. If this prediction materializes, it could be a positive indication for the US housing market. It may also result in an increased demand for the US dollar. Recent Notes from the Central Bank: The Committee has decided to raise the federal funds rate target range from 4.5% to 4.75%, with a plan to continue increasing it further to bring inflation back to the desired level of 2%. The Committee will keep a close eye on incoming information and adjust the monetary policy stance as needed to achieve its objectives. The decision to increase the target range received the majority vote from the Committee members. The next meeting is scheduled for March 23, 2023.
TVC:DXY
by FOREXN1
6
DOLLAR INDEX breakout the resistance zone. DXY 📉💲Hello guys, This is an update of previous analysis (blow link). Everything is marked on the chart like always. The market has moved as we expected, moved up and has broken the resistance zone. For now I expect some correction as a pullback to retest the zone. We can consider it and entering safe in the Gold , Euro , Pound and etc. So monitor the price's action in the circles to see what will happen. Good luck. If its useful please like it as a support and follow me to next analysis :)
TVC:DXYLong
by ArashBanakar
1
DOLLAR INDEX: Bullish context in short-medium term?Hi everyone! There would be a lot to write about the fundamentals of the US dollar, but time is very precious so I'll just try to translate fundamental analysis into technical analysis with this hourly chart. I hope it can be useful to someone anyway... ...trade with care! 👍 If you think that my analysis is useful, please... "Like, Share and Comment" ...thank you! 💖 Cheers! PS: I would also like to know your opinion about dollar index, what do you think? Post your opinion in the comments.... A.B.
TVC:DXYLong
by TheAnonymousBanker
29
DXY will dump soon - crypto explosion reasonHello, everyone! DXY is the leading indicator for all risky assets, like crypto. That's why it's so important to analyze it. Let's take a look at the chart. It looks like the price is printing the 5 waves Elliott cycle. Awesome oscillator crossed zero line. It means wave 4 is about to end. Moreover it has almost reached the 0.38 Fibonacci level - the natural correction target. After that I expect new dump in wave 5 below the previous low. At the same time crypto markets is gonna show the bounce, or even new higher high🤑. Best regards, Ivan
TVC:DXYShort
by Skyrexio
7
DOLLAR INDEX under resistance zone. DXY 📉💲Hello guys, This is an update of previous analysis (blow link). Everything is marked on the chart like always. The market has moved as we expected, moved up and rejected from the resistance zone . For now I expect that maybe price get stuck in trading range under resistance base band and waiting to break one side, up or down. We can consider it and entering safe in the Gold , Euro , Pound and etc. So monitor the price's action in the circles to see what will happen. Good luck. If its useful please like it as a support and follow me to next analysis :)
TVC:DXY
by ArashBanakar
3
DOLLAR INDEX under resistance zone. DXY 📉💲Hello guys, This is an update of previous analysis (blow link). Everything is marked on the chart like always. The market has moved as we expected, moved up and rejected from the resistance zone. For now I expect another try to break and rejection again. The resistance zone is 105-105.600 and there we can entering safe in the Gold , Euro , Pound and etc. So monitor the price's action in the circles to see what will happen. Good luck. If its useful please like it as a support and follow me to next analysis :)
TVC:DXYShort
by ArashBanakar
3
DOLLAR INDEX uptrend to resistance zone. DXY 📈💲Hello guys, This is an update of previous analysis (blow link). Everything is marked on the chart like always. The market has moved as we expected and broke the resistance and retested it and is moving towards its target. For now I expect some reaction to the resistance zone 105-105.300 and there we can entering safe in the Gold , Euro , Pound and etc. So monitor the price's action in the circles. Good luck. If its useful please like it as a support and follow me to next analysis :)
TVC:DXYLong
by ArashBanakar
3