dollarthe dollar so far is normal but should not cross this support if it breaks with the volume we will see a huge shot by BidAskMagnet1
10 year old trendline on dxy.i have a bullish alternative on btc , but it can only play out if dxy rejects this massive level. dxy is also sitting at the 0.50% retracement here, which is a very nice corrective target. rejecting this current algo target would allow the us dollar to gravitate towards $85.9 over time. -- might short the us dollar, because why not. 💸by notoriousbids5511
DXY is at a multi decade crossroads - Volume ProfileThe DXY futures going back to 1986 is available on TradingView and it gives an extraordinary backdrop to the seminal decisions likely to be made by the world's central banks over the next few weeks. There are 3 main distributions I am following but only the 2 larger timeframes are visible on the chart. A rejection of the 97 area to the downside is preferred but really it could go either way. by SuperCycleBearUpdated 0
DXY Trading The TriangleIn this update we review the recent price action in the DXY and identify the next high probability trading opportunties0by Tickmill4
US Dollar Index has changed trend in short term ?US Dollar Index : seems like in short term it changed the trend and begin down trend. It failed to cross the recent high and formed Lower High. There is good support at 95. Lets see how it works ! Shortby yvgoudar0
US dollar consolidates in a symmetrical triangle.US dollar consolidates in a symmetrical triangle. US dollar consolidates towards the end of a symmetrical triangle at 96.33 resistance and 95.86 support in H4; it is a breakout pattern used by most technical traders to identify potential entry points to the market. The current trend indicates a potential breakout to the upside if it holds above 96.33 and to the downside if it falls and remains below 95.83 by Rotuma0
USDOLLAR iDEAThe US dollar is in a bullish trend as it is above both moving averages. A short movement was pushed back by the buyers as evidenced by the red arrow accompanied by a large volume. The USDOLLAR is a must buy.by oussamaht0
Bites Of Trading Knowledge For New TOP Traders #6 (short read)Bites Of Trading Knowledge For New TOP Traders #6 --------------------------------------------------------------- What is Hedging? – Hedging is the action taken through the use of a financial instrument to minimize the loss or risk of the loss of value of an asset due to adverse asset price movements. Who are Hedgers? – Hedgers are market participants such as commodity producers who want to lock in selling prices of commodities they produce, or food manufacturers who want to lock in buying prices of raw materials purchased. Market participants also include financial institutions handling financial assets and use derivative products such as futures to manage the risk of a portfolio of financial assets. What is the difference between Physically Delivered vs Cash Settled Futures Contracts? – Physical delivery is a term in a futures contract which requires the actual underlying asset to be “physically delivered” upon the specified delivery date, rather than being traded out with an offsetting contract. Cash settled futures on the other hand allows for the net cash amount to be paid or received on the settlement date of the futures contract. Futures exchanges may offer both types of contracts to market participants who have different purposes for trading futures contracts. RISKS AND OPPORTUNITIES FOR CORPORATES AND INDIVIDUAL INVESTORS – Diversification: Correlation in Futures – Investors could allocate a portion of their portfolio to establish a managed futures position to deliver non-correlated results under most market conditions, which may serve as a risk mediator within an overall portfolio. This may deliver lower relative returns during periods of price stability. However, during periods of market stress, managed futures could outperform the broad market. For example, the Asia Tech 30 index which has no Thai companies as a component stock would not be expected to have any Thai Baht (USDTHB) currency exposure and which could be included in a managed futures portfolio at times where there is no or low correlation between the two markets and could be used as a hedge during times of negative correlation. Source: ICE Connect Diversification: Portfolio Focused on Asset Returns – Individual investors who have a portfolio of foreign stocks will have a return that is composed of the return of the foreign currency-denominated stock plus the change in currency exchange rates. Therefore, investing abroad means having exposure to two different sources of risk and return made up of the underlying asset and the exchange rate. For a long-term investor, the focus on return-generating assets may be the priority rather than returns from currency exchange rates. This could imply removing currency risk through a clearly defined hedging strategy process initially, and then adding back currency exposure at a later stage if it is determined that currency exposures could improve a portfolio’s return. Investors would need to analyze their expected returns with and without currency exposures and determine their net currency exposure to be removed. U.S. Dollar based portfolios could use futures contracts such as the Mini US Dollar Index ® Futures to hedge a basket of foreign stocks denominated in their respective domestic currencies. TRADDICTIV · Research Team -------- Disclaimer: We do not provide investment advice, nor provide any personalized investment recommendations and/or advice in making a decision to trade. Before you start trading, please make sure you have considered your entire financial situation, including financial commitments and you understand that trading is highly speculative and that you could sustain significant losses.Educationby traddictiv6
DXY, just to see if charting works :)Why would it rise if they print like they do, well, if ppl who don't know better exit the markets because of fear, they sell assets for dollars...but the major driver could be other countries economies that do even worse buying dollars to stabilize their own currency. E.g. increaded demand for USD results in a rise in price before it all comes crashing down for a veeery long time.Longby lucky1uk1
US Dollar index SHORT US dollar index just broke a really important support, and price is on it's way for a pullback. that support have been holding the price for the past month, since the first of the month. and breaking it is gonna be a little problematic for the price wait for pullback on the new forming support line, sell each time it touches it, am positive that eventually the HMAs will line up with my support line. and when price breaks all three. that's your exit Shortby Amzilismail113
DXY Mapping A CorrectionIN this update we review the bullish sequence in DXY and identify the next high probability trading opportunityLong0by Tickmill3
IDEA ABOUT US DOLLARThe US dollar is bullish, the appearance of the shooting star as well as the large volume indicates that a trend reversal may take place, so it will be strongly recommended to sell if the yellow resistance is broken.by oussamaht0
Market is overblownDollar index is set to pop the bubble. If you made some money, now is a good time to get off from the table. by BubbleBubblePop110
Elliott Wave View: Dollar Index (DXY) Could Extend the Rally HigShort-term Elliott wave view in Dollar Index suggests cycle from October 28 low is in progress as a 5 waves impulse Elliott Wave structure. Up from October 28 low, wave 1 ended at 94.3 and pullback in wave 2 ended at 93.82. Wave 3 is currently in progress with subdivision as another impulse in lesser degree. Up from wave 2, wave ((i)) ended at 94.62 and pullback in wave ((ii)) ended at 93.87. Index then resumes higher in wave ((iii)) to 96.24, and dips in wave ((iv)) ended at 95.5. Expect the Index to extend higher 1 more leg before ending wave ((v)). This should complete wave 3 in higher degree. Afterwards, it should correct cycle from November 4 low in wave 4 in larger degree before the rally resumes. Near term, as far as pivot at 95.5 low stays intact, expect the Index to continue to see further upside to end wave 3. Later, expect larger degree wave 4 pullback to also find support in 3, 7, or 11 swing for further upside. Potential support area for wave 4 can be measured later once wave 3 completes at 23.6 – 38.2 Fibonacci retracement of wave 3.by Elliottwave-Forecast5
DXYThe U.S. dollar index (USDX) is a measure of the value of the U.S. dollar relative to the value of a basket of currencies of the majority of the U.S.'s most significant trading partners. This index is similar to other trade-weighted indexes, which also use the exchange rates from the same major currencies. Longby DracAryys1
DXY Bullish SequenceIN this update we review the current bullish sequence in the DXY and identify a high probability trading pattern to play0by Tickmill3
Dark Days For the Dollar Haters???I find it difficult to see the world "excuse me" Duh Metaworld any different than times of passed. True things have been fun but I doubt that our fun is now coming to a conclusion. It's been really encouraging to get stock tips and the next best crypto buys from friends and family. All in all I still feel good about the dollar and the even greater opportunities that will be seen as the cloud of FOMO finally dissipates. (This includes the down with dollar crowd) No Advice to give just thoughts that I can't shake after the last 6 years in the world of CRYPTO Making Dollar Coin 🤷♂️ #Fixed IDK Protect Your Neck! 🙏 FOR JUST A HEALTHLY PULLBACK! ""KEEP CALM AND MANAGE THY RISK!"" I am The CoinSLayer 👨💻😈 Shortby BradySWilliams552
Dollar Index Bearish ReversalDollar Index completed a bearish butterfly. Expect a downside reversal from marked point.Shortby UnknownUnicorn27418153113
The Dollar VacuumI am long USD or short CAD whatever way you want to look at it. Have been since 1.22 USDCAD. That dollar index has recently crossed above the 200 weekly SMA. Though short-term RSI might cool off a bit with a pullback to 200 weekly SMA. My previous mention of Double bottom on the USDCAD chart still seems good. The real catalyst for the dollar index seems to be the everything bubble narrative. I currently hear that narrative less than the always-up inflation story. The everything bubble would be a huge deflationary move. Think everything goes on sale who wants cash for that? "Cash is trash" and most people have lots of debt. So assets go down debt stays the same or interest goes up. Where does the cash come from? People buying other people's discounted everything. Also, USD deflation is inflation on other nations currency likely hyperinflation of many. This is my theory and in no way financial advice.Longby JamesRennie2
Watch the $DXY for $CL_F #Oil The recent move in the dollar has put a lot of pressure on oil recently...as it has been skidding around $80 the past few days. Yesterday's API report showed a small increase in oil inventories and the market is waiting for confirmation from EIA later today. It looks as though a confirmation has already been priced in and only an unexpected increase well above +600k barrels would shock the market to further downside in the short term. The structural market to watch is the dollar which has seen a 200 basis point move in a very short time frame. The DXY looks quite a bit extended. If we get a reversion to the mean in the dollar...oil should explode higher. Today we have quite a few Fed speakers and a 20 year bond auction which could move the dollar. So today may be a make or break day for oil.by cwmetz0
DXY Key TestIN this update we review the price action and momentum in the DXY and identify some high probability trade locations0by Tickmill3
DXY two Way Trading OpportunitiesIn this update we review the Pitchfork play in the DXY and identify a couple of high probability trade locations to trade both the long and the short side0by Tickmill336