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Usdx

DXY breaking down XXX/USD pairs move up THIS IS NOT FINANCIAL ADVICE BLACK LINES are support. RED LINES are resistance. BLUE LINES are trends. TRADE IDEA: The dollar should break down to 84, 78, and then finally 73 where I will reevaluate the long term trend. FUNDAMENTALLY The U.S. Dollar Index (USDX, DXY, DX, or, informally, the "Dixie") is an index (or measure) of the value of the United States dollar relative to a basket of foreign currencies, often referred to as a basket of U.S. trade partners' currencies. The Index goes up when the U.S. dollar gains "strength" (value) when compared to other currencies. The index is designed, maintained, and published by ICE (Intercontinental Exchange, Inc.), with the name "U.S. Dollar Index" a registered trademark. It is a weighted geometric mean of the dollar's value relative to following select currencies: Euro (EUR), 57.6% weight Japanese yen (JPY) 13.6% weight Pound sterling (GBP), 11.9% weight Canadian dollar (CAD), 9.1% weight Swedish krona (SEK), 4.2% weight Swiss franc (CHF) 3.6% weight
TVC:DXYShort
by Burtoshi
Haven ready to break its July highs!Double tops very rarely hold. Here we see a nice trend and this protocol has a unique stablecoin... Not many listings and that could change at some point. It could easily take out the Bittrex ATH and then test the actual ATH from Tradeogre. Coming out of such massive capitulation is massive and there is a real driver for demand. The more it grows, growth accelerates as people can usd XHV to create USDX a private stablecoin. The most recent Kucoin listing is good as despite the hack, Kucoin has come back very strong as newbies came back.
XLong
by BitcoinMacro
1
DXY TO 78'S - VERY VERY LONG TERMFROM THE START OF 2021 WE ONLY TRADED UPWARDS UNTIL RECENLTY. WE MIGHT HAVE THE HIGH IN HERE WITH LOADS OF DOWNSIDE POTENTIAL ON THE DOLLAR. WE STILL NICELY ABOVE THE YEAR OPEN WITH A LOT OF DOWNSIDE IN PLAY TO REACH THE YEAR OPEN AND THEN CREATE THE DOWNSIDE FOR 2021 LOOKING DEEP DOWN BELOW 80 IT SEEMS WE CAN RUN DOWN TO 78S TO HIT THE MAJOR LIQUIDITY LEVEL. DOES IT HAPPEN IN 2021 (COULD ROLL INTO 2022) I AM VERY BEARISH DOLLAR FOR THE REMAINING OF THE YEAR. (OF COURSE THERE WILL BE MOMENTS OF UP MOVES TO BE CAREFUL OF THOUGH) ALSO SEE MY FIBRE CHART IN RELATION TO THIS
TVC:DXYShort
by SolidTrader85
USD TO BREAK RESISTANCE ? After two attempt USD failed to break the next dayli resistance and was smashed away to complete the W formation pattern and we are currently at the neckline level where we should see some bullish move and if we have the right volume we should be able to break the next level of resistance if we have a nice impulse to the upside. If you guys enjoyed this analysis like and share. If you have a different opinion I would love to hear about it in the comment area below. Trade safe !!!
TVC:DXY
by TheDayzen
2