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Usdindex

Trading plan and review of Key Levels for major marketsReview of the key levels in the major markets as the US continues to edge lower. US share market staged a late rally to fend off the bears which has led to a strong Asian market open as traders go bargain hunting. The general trend remains down with the USD, Inflation and Interest Rate Rises in focus. BITCOIN and ETHEREUM took a beating as BTC spiked below $30k to take out some stops. Crypto enthusiasts will be hoping to see BTC back above the $30K area to fend off more selling pressure. Markets covered US - DOW, Nasdaq and SP500 Europe - DAX and FTSE100 Asia - Hang Seng, ASX200 and Nikkei FX - Dollar Index (USD), EURUSD , GBPUSD , AUDUSD and USDJPY Commodities - GOLD , Oil and Copper Crypto - Bitcoin and Ethereum
COINBASE:BTCUSD
by TradeTheStructure
Will DXY break above very important resistance?(long term view)Since 2015, USD Index is trading in two ranges: one between 92 and 100, and the large range boundaries, between 90 and 104. After a strong and clear break in mid-April of 100 resistance, DXY has accelerated its gains and now is trading exactly under 104 resistance. If you also look at the daily chart you can see that a small triangle is forming under this resistance, giving us the idea that a break up is imminent. I expect another 10% rise for DXY to around 115 and only if the index falls back under 100 I will change my very strong bullish outlook for the Dollar
CAPITALCOM:DXYLong
by Mihai_Iacob
4
DXY: Bull Market is Approaching an Important Resistance Level The recent US interest rate hike and an “unexpected” dovish statement given by the ECB during the EU interest rate decision this month provided further bullish momentum for the DXY . However, no key levels are actually broken at the moment and DXY is still moving well within the yearly channel between the level of 89~90 and 102.50~104. DXY is currently approaching the yearly resistance level of 104.00. This is a key level to watch as it is the high back in 2017. For buy opportunities, we are waiting for some kind of a pullback first before entering buy positions. Also, a clear breakout of 104 level would also give us the green light to capture pullback at 104 level, but this is a risky buy setup as we do not want to get our positions stucked if a period of correction occurs. For sell opportunities, we are not currently looking for any sell entries because there are simply no bearish patterns being formed. We will consider sell entries once the market creates a lower low first. But we cannot foresee that yet in the near future.
TVC:DXYLong
by NicoBeau_Capital
DXY | Ascending Channel Formation..!! #DXY (Update) Ascending Channel Formation in 3-Days timeframe..!! RSI is Printing Bearish Divergence as well. Seems like Topped out & Expecting Bearish Movement towards the Lower Trendline of Channel. #FOMC ( FED) meeting is scheduled Tomorrow so We can see changes in interest rates which will impact the Market. Be cautious with possible upcoming volatility. 📍 Always Wait for Confirmed Breakout & Candle to Close and Only then ENTER.. Please like the idea for Support & Subscribe for More ideas like this and share your ideas and charts in Comments Section..!! Thanks for Your Love & Support..!!
TVC:DXYShort
by Faibik