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Dollarindex

Dollar General to close it's gap?Dollar General - 30d expiry - We look to Buy a break of 173.33 (stop at 167.33) We are trading at oversold extremes. In our opinion this stock is undervalued. We have a Gap open at 01/06/2023 from 201 to 179. The bias is to break to the upside. 173.09 has been pivotal. A break of the recent high at 173.09 should result in a further move higher. Our profit targets will be 188.33 and 191.33 Resistance: 173.09 / 179.20 / 200.00 Support: 166.00 / 161.00 / 155.00 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
NYSE:DGLong
by VantageMarkets
Will US Dollar fall to 2021 lows? The US dollar has recently fallen below its Simple Moving Average (SMA) of 100, an essential technical indicator for many traders. Based on this recent movement, there is a growing concern among experts that the US dollar could potentially drop to its 2021 lows. This noteworthy development requires careful consideration, particularly for those relying heavily on the US dollar in their trading strategies. Considering the US dollar's potential downward trajectory, I encourage you to explore the possibility of diversifying your currency holdings. Holding other foreign currencies could prove beneficial, as they may not be as susceptible to the impending drop in the US dollar's value. It is essential to approach this situation cautiously and conduct thorough research before making decisions. Analyze the trends, consult with fellow traders, and seek advice from trusted sources to ensure you are well informed about the potential risks and rewards. In light of these circumstances, I urge you to consider the following call to action: 1. Evaluate your current currency portfolio: Assess how much your trading strategy relies on the US dollar and consider diversifying your holdings to include other foreign currencies. 2. Stay updated on market trends: Regularly monitor the market and closely monitor the US dollar's performance. This will enable you to make informed decisions and adjust your trading strategy accordingly. 3. Seek expert advice: Consult with experienced traders or financial advisors specializing in forex trading. Their insights and recommendations can provide valuable guidance during uncertain times. Remember, the purpose of this email is not to instill panic but to bring your attention to a potential market development that could impact your trading decisions. By remaining cautious and proactive, you can better navigate the volatile currency market and potentially mitigate potential losses.
TVC:DXY
by bryandowningqln
Bullish Pattern for DXYDXY ranging in a bullish flag pattern. DXY will enter to bull cycle if it moves to upper levels. DXY needs to close 50MA in daily line and it should be established above 50, 200 MA. Disclaimer: The information and analysis provided in this publication are for educational purposes only and should not be construed as financial advice or recommendations to buy, sell, or hold any securities. The author and TradingView are not responsible for any investment decisions made based on the content presented herein. Always consult a financial professional before making any investment decisions.
TVC:DXYLong
by rukshan2102
DXY made a huge bearish break-out. The 1W MA200 is next.Last time we looked at the U.S. Dollar Index (DXY) we gave a sell signal on the exact top, the Lower Highs trend-line (chart below): Our first target (102.000) got hit, which was basically the 1W MA100 (green trend-line) that supported on the May 08 bounce. This week, that trend-line broke emphatically (also the 100.825 Support) and that is a strong bearish break-out signal. Technically the 1W MA200 (orange trend-line) is next, which has been our second target (98.550) since our June 04 analysis. Notice also that even the 1W RSI broke below its 35.05 Support, a clear indication that the long-term strength has shifted to bearish. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
TVC:DXYShort
by TradingShot
Dollar weakness is a welcomed sight!Dollar weakness has been a relief for sore eyes 👀. Why? Well Dollar weakness usually comes with the rise of all other correlated pairs alongside t the equities market, as we have seen since yesterday Tuesday July 11 are aiming at new Highs. Expectations are for Dollar to reach the target of $99.5522 It is showing a very strong selling pressure and we will take a look again at this price to see some sort of reaction. The Dollar has decisively broken thru the $100.44 mark while everyone else was expecting a bounce. It is possible to see Dollar reach $97.22 before months end were I have placed the yellow line to indicate what I consider a weekly price target for Dollar. While many are still expecting to see Dollar return or bounce back to $101.55 at least this will not occur until you start seeing a weakening of the downside push.
CAPITALCOM:DXYShort
by JP_Tru
GOLD/DOLLAR: Divergence in short term?Divergences or correlations are rarely always valid, there are many variables at play and the monetary policy context plays a fundamental role. I don't want to do an economic analysis here, but just share this idea of possible divergence between Dollar and Gold in short term. In mid-term, I think we will see a warm autumn and volatility could reign in the markets for a few months. Together with our supporters we are following the evolution of events in our blog, and Gold & Dollar will be our drivers at least until the end of 2023. In conclusion, this divergence could be useful in our analyses, always keeping in mind that it is only temporary! GOLD FUNDAMENTAL ANALYSIS Q1 Like to support my work. Trade with care!
OANDA:XAUUSD
by TheAnonymousBanker
3
DXY: Crossed under the 6 month Support. Sell signal.The US Dollar Index crossed today under the S1 (100.800) for the first time since February 2nd and this sets in motion the second part of this new bearish leg of the Channel Down pattern. The 1D timeframe turned oversold (RSI = 28.999, MACD = -0.360, ADX = 23.314) and with the 1D RSI imitating the November 11th 2022 Low (as well as the MACD), it is likely to get a short term rebound until the oversold state normalizes. We will use this potential bounce as a sell entry and target the bottom of the Channel Down (TP = 97.770), which potentially completes also a -6.66% decline from the top. Prior idea: ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
TVC:DXYShort
by InvestingScope
2
DXY forecast on Weekly time frameIn the end, the reins of all markets are in the hands of the great devil "dollar". We must check the dollar index for this analysis of all markets so that we can understand where the market maker wants to take us. In my personal opinion, the recent drop in the dollar index is only fuel for the big pump, which will eventually fall into the hands of this cunning devil. I am checking for the exact area to finish this refueling and start moving but In the long term, I am certain that the dollar index will cross 115. "Not financial advice"
TVC:DXYLong
by fiftytwohertzwhale
1
US DOLLAR INDEX ____ INCOMING BULLISH RALLYHello Guys, As I have stated most times that at some point, the dollar will rally and reach higher prices. I suspect we have gotten to that period. I will insert my previous analysis for this. With this view of the dollar rally, I would be looking out for USD pairs that have a good structure in alignment with the dollar rally. Pairs like: USDCHF, USDSGD & XAGUSD have very interesting price structures. I advise you to monitor them. Follow me for more updates. US DOLLAR INDEX (Previous analysis) Cheers, Jabari
FX:USDOLLARLong
by jabariofafrica