Get started

Dollarindex

US DOLLAR - Boxed RangeUS DOLLAR is trading SUPPORT and RESISTANCE zones within a boxed RANGE. It is respecting a range of 100.53 - 101.93, with respective bounces on either end, keeping it within its BOXED RANGE. When I'm speaking about a BOXED RANGE, what I mean is that the RANGE ISN'T TIGHT like a normal range, where its looking for volume before a big move, these types of ranges have volume and are easier to read as they respect KEY ZONES, for example right now they are respecting 100.53 - 101.93. We should wait for the US DOLLAR to enter either SUPPORT or RESISTANCE to enter a trade, we can wait for a rejection + bounce or wait for a breakout. If the US DOLLAR breaks to the downside (BEARISH) I would expect for the overall US markets to continue it's BULLISH movements, as usually the US MARKET IS INVERSELY PROPORTIONAL TO THE US DOLLAR INDEX... Conversely if it shows BULLISH signs and begins to move towards the SUPPORT ZONE, I will be looking for the US MARKET to move BEARISH.
TVC:DXY
by I3ig_Trades
High Timeframe Analysis of the Dollar Index DXY - Short IdeaDISCLAIMER: This is not trade advice. This is for educational and entertainment purposes only, showing how I intend to participate in this market. Trading involves significant risk. Do your own due diligence. Utilizing my Multi Timeframe strategy, I have identified that I would like to look for SHORTS on DXY. To clarify, I'm not saying I'm blindly shorting this market. If I see price action that checks the boxes for this strategy, I will take the short. Until then, I do NOTHING. SETUP - > TRIGGER - > FOLLOW THROUGH. Feel free to shoot me a message with any questions. Have a great week!
ICEUS:DX1!Short
by Tradius_Trades
DXY (Dollar) Shorts from 101.600 back downMy outlook for the dollar is focused on scouting a bearish continuation. A 7-hour supply zone has emerged, and I'm looking for the price to enter this zone to trigger a bearish reaction, potentially creating a new leg to the downside. If the supply zone is broken, I would then anticipate the price rallying higher into a more premium supply area. However, if the price heads down first, I expect the 9-hour demand zone to be violated, allowing for a better buying opportunity from the lower demand zone. P.S.: Be cautious and trade with care, as PPI and CPI data are due this week. Keep an eye on Forex Factory for updates.
TVC:DXYShort
by Hassan_fx
DXY / US DOLLAR INDEX🔍 DXY (U.S. Dollar Index) Analysis: 4-Hour Timeframe 📉 The DXY chart on a 4-hour timeframe highlights significant upcoming times where price movements may present trading opportunities. It’s essential to analyze these signals in conjunction with higher timeframes for a comprehensive market view. • BUY DATE - September 12, 2024, 04:00 - Green Line: This time indicates a potential local low, offering favorable conditions for accumulating DXY or entering long positions. • BUY DATE - September 19, 2024, 00:00 - Green Line: Another potential local low, suggesting favorable conditions for buying. • BUY DATE - October 7, 2024, 06:00 - Green Line: This time marks another potential local low, indicating favorable conditions to enter long positions. When working with this 4-hour timeframe, remember to evaluate these movements within the context of the broader market trend, considering higher timeframes for a more global perspective. Note: The exact timing of these phases can vary by +/- a few hours. All times are based on UTC-7 (Los Angeles).
TVC:DXYShort
by trushkovskiy
Could price bounce from here?The US Dollar Index (DXY) is falling towards the pivot which has been identified as a pullback support and could reverse to the pullback resistance. Pivot: 101.52 1st Support: 101.04 1st Resistance: 102.14 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
TVC:DXYLong
by ICmarkets
$ RATE CUT IN THE AIR, WILL IT BOUNCE BEFORE THE DESCENT?The recent decline in the U.S. dollar can be attributed to several economic factors. Firstly, recent inflation data indicates that inflation in the United States is slowing down. The annual inflation rate for June 2024 was 3.0%, down from previous months​. This slowdown has strengthened expectations of a less restrictive monetary policy from the Federal Reserve. Investors now anticipate a rate cut in September, possibly followed by another cut in November or December, which tends to weaken a country's currency. Despite positive data from the Producer Price Index (PPI) for June 2024, the dollar continued to fall. The PPI showed a 0.1% year-over-year increase, with a 0.1% rise in goods and a 0.2% rise in services, both better than analysts' expectations​​. The critical question now is whether the dollar will rebound before further declines. We are in a crucial zone, and a short-term rise might occur before any further drop, but much depends on Powell's speech scheduled for Monday. If the Federal Reserve Chair hints at a rate cut in September, the dollar could take another hit. Conversely, if Powell does not confirm this expectation, the dollar might benefit from the positive PPI data and rise temporarily​​. Be careful! ​
TVC:DXYLong
by jamesbond70
Will the dollar bounce back from its current decline? The US July PCE was in line with market consensus. Headline PCE prices rose 0.2% from a month ago and 2.5% from a year ago, which aligns with market expectations. Core PCE, the Fed's price benchmark, rose only 0.16%, slower than the previous month's 0.18%. This is the lowest level this year and has catalyzed the market sentiment of the Fed’s rate cut. It is worth noting that despite a 0.3% increase in personal income, surpassing the previous month's 0.2%, the savings rate remains alarmingly low. This is because personal consumption expenditures are growing at a faster rate than personal income. The current savings rate has dropped to 2.9%, marking only the second instance in the past 16 years, since the global financial crisis, the savings rate has fallen to the 2% range. This implies that consumption in the United States could decline quickly, serving as a cautionary signal that if employment falters, there may be insufficient buffers to sustain consumption. DXY sustained its uptrend after breaking out of the descending channel and advanced to 101.60. The price consolidates around the 101.50-101.70 range, waiting for an additional price trigger. If the price breaches the resistance at 101.80 while holding above the EMA, the price may gain upward momentum toward 102.60. Conversely, if DXY fails to stay above both EMAs and retreats to the support at 100.50, the price could fall further to the 100.00 threshold.
CAPITALCOM:DXY
by inkicho_exness
Why The Rise Of The $ Is Here-3 Points To DigestDid you hear about the infamous carry trade? this trade took a storm over the financial media. Honestly, i was shocked that people in the financial news networks know about this trade. - Did you know this always happens? In currency carry trades a common thing In fact that is why we have currency pairs - These currency pairs represent carry trades Basically, a carry trade is when BANKS borrow each other money using the Government - Bonds as collateral Why? - Because Government bonds produce cash flow. The problem comes when the value of this asset drops. - Imagine defaulting on a loan and taking back an asset that has no value This is what causes a market crash! - Remember: -Always use the dollar index -Dollar is the most powerful currency -The dollar is the one number #1 indicator in forex trading - My names are Lubosi Forex thank you for reading. - To learn more Rocket Boost this content So that i make a follow up lesson on the indicators above. Disclaimer: Trading is risky, please learn risk management and and profit-taking strategies.
Long
by lubosi
DXY "Dollar Index" Bank Money Heist Plan on Bullish SideMy Dear Robbers / Money Makers & Newbies, This is our master plan to Heist DXY "Dollar Index" Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich. Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money. Entry : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Swing Low Stop Loss : Recent Swing Low using 30 mins timeframe Warning : Fundamental Analysis comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update. Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target. Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style.
CAPITALCOM:DXYLong
by Thief_Trader
$DXY - Bottom Range Bound BreachedThe Dollar Index TVC:DXY has breached a pretty serious level ; the bottom range bound which has previously acted as strong support for TVC:DXY to bounce. Will this time be the same and this will result in a fake-out? Or will TVC:DXY headed lower, re-visiting pre-pandemic levels? Check out the previous released ideas linked below for more in depth information regarding our journey 'Decisive Move Around the Corner' (line chart) (candlesticks chart) TRADE SAFE NOTE that this is not Financial Advice ! Please do your own research before partaking upon any trading activity based solely on this idea.
TVC:DXY
by Mr_J__fx
DXY Hits Yearly Low: Is a Major Support Test at 100 Coming Next?By reviewing the US Dollar Index chart on the daily timeframe, we can see that last week, the price reached its lowest level in a year, closing at 100.677. Given that the price has dipped below a liquidity pool, we might see an initial positive reaction at the beginning of the week, but I still expect further declines in the Dollar Index overall. Keep in mind that there is a very strong support level ahead for the dollar, which is the psychological level of 100, and we will likely see a significant reaction to this level. We will be providing weekly analyses of the Dollar Index from now on, so be sure to support and follow! Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me ! Best Regards , Arman Shaban ((2+4+7+13+15+18+26+36+38+69+87+101+183+209+1000+1002+1000000000+1000000001+ 1000000853)^♾️*69) + 1 !
TVC:DXYShort
by ArmanShabanTrading
1