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US DOLLAR CURRENCY INDEXUS DOLLAR CURRENCY INDEXUS DOLLAR CURRENCY INDEX

US DOLLAR CURRENCY INDEX

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DXY trade ideas

DXY Will Go Up! Long! Please, check our technical outlook for DXY. Time Frame: 1h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is testing a major horizontal structure 106.671. Taking into consideration the structure & trend analysis, I believe that the market will reach 107.136 level soon. P.S The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce. Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news. Like and subscribe and comment my ideas if you enjoy them!
ICEUS:DXYLong
by SignalProvider
1
DXY sell ideaThe DXY is currently experiencing bullish momentum as investors gain confidence in equities, largely influenced by Donald Trump's business policies. From a technical perspective, however, the price has retraced significantly into a premium area while sweeping liquidity. This suggests that we might start to see some selling opportunities emerge. On this chart, the price has retraced to the 50% (premium area) of the imbalance or fair value gap, while also sweeping liquidity above. Additionally, the price is currently at the Monthly Order Block and aligns with the 0.618 Fibonacci level.
TVC:DXYShort
by sharpdennis10
US DollarLooking at historical events, Specially heading into 2025 as a year where we could see sharp declines in the stock market as rebalancing commences early in 2025. The US dollar has enjoyed a lot of support over the last couple of months. and could still enjoy more, but as a long term investor and position trader im not interested in buying USD at these levels as COT index is showing imminent signs of reversals coming. Coupled with Seasonality it could happen in December. ill await clearer shifts on lower time frames for an entry. retail traders also are 80% long EURUSD, the moment they start selling i will buy and hold.
TVC:DXYShort
by Mike_SnD
USD INDEX - My 5 Cents @ Year End20SMA - Blue 200SMA - Pink Key Confluence Areas - Grey Lines Market Structure Support/Resistance - Green/Red Dashed Lines Dear Friends, your interest motivates me: If you find my analysis helpful, please boost and follow me for future analysis at your service. How I see it: Upwards we see Range Bound Confluence of Resistance + Overlapping Resistance above 108... ** WILL WE BREAK OUT THIS YEAR? ** WILL WE RESPECT THE RANGE AGAIN? I deeply appreciate you taking the time to study my analysis and point of view. KEYNOTE: The most important to consider always, before you leap: When you jump in the river, make sure you are swimming "WITH" the current!!
TVC:DXY
by ANROC
Bullish bounce off pullback support?US Dollar Index (DXY) is falling towards the pivot which acts as a pullback support and could bounce to the 1st resistance which has been identified as a pullback resistance. Pivot: 106.08 1st Support: 105.16 1st Resistance: 107.33 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
DXY "DOLLAR INDEX" Market Money Heist Plan on Bullish SideHii! My Dear Robbers / Money Makers & Losers, 🤑 💰 This is our master plan to Heist DXY "DOLLAR INDEX" Market Market 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 / Trap at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich. Entry 📈 : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Low Point take entry in pullback. Stop Loss 🛑 : Recent Swing Low using 2H timeframe Attention for Scalpers : Focus to scalp only on Long side, 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 💰. Warning : Fundamental Analysis news 📰 🗞️ 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. Stay tuned with me and see you again with another Heist Plan..... 🫂
TVC:DXYLong
by Thief_Trader
Understanding the U.S. Dollar IndexThe U.S. Dollar Index (USDX) is a critical tool for traders, investors, and economists alike, as it provides a measure of the overall strength of the U.S. dollar relative to a basket of major foreign currencies. The image shared highlights the core elements of the U.S. Dollar Index: its history, composition, calculation, and its economic implications. In this article, we’ll delve into what the USDX is, why it matters, and how you can trade or invest in it. What Is the U.S. Dollar Index? The U.S. Dollar Index is a numerical representation of the U.S. dollar's value compared to a basket of foreign currencies. It serves as a benchmark to measure the dollar's strength in the global economy. The USDX is calculated using exchange rates and reflects the dollar’s performance against six major world currencies. The index is maintained and traded in financial markets, offering investors a way to speculate on or hedge against changes in the dollar’s value. A rising USDX indicates a stronger dollar, while a declining USDX signals a weakening dollar. History of the USDX The U.S. Dollar Index was established in **1973** by the Intercontinental Exchange (ICE) shortly after the Bretton Woods Agreement was dissolved. This agreement, which pegged global currencies to the U.S. dollar and gold, collapsed, leading to floating exchange rates. The initial value of the USDX was set at 100. Over the years, the index has fluctuated based on the economic conditions, monetary policies, and geopolitical events influencing the U.S. dollar’s demand and supply. Its all-time high was approximately 164.72 in 1985, while its lowest was 70.698 in 2008. Why Does the Strong Dollar Matter? A strong dollar impacts the global economy in numerous ways: 1. Trade Impacts: A stronger dollar makes U.S. exports more expensive for foreign buyers, potentially reducing demand for American goods. Conversely, imports into the U.S. become cheaper, which can benefit American consumers. 2. Economic Implications: For emerging markets, a strong dollar increases the burden of dollar-denominated debt, as countries must repay loans in a currency that has gained value. 3. Investment and Market Effects: A rising dollar tends to attract foreign investors to U.S. assets like Treasury bonds, increasing demand for the currency further. However, it can also pressure commodities like gold and oil, which are priced in dollars. Understanding the dollar’s strength through the USDX helps businesses, traders, and governments make informed financial and economic decisions. What Does the Dollar Index Tell You? The Dollar Index provides insights into: Market Sentiment: A rising USDX signals increased confidence in the U.S. economy, while a declining index indicates weaker sentiment. Monetary Policy Expectations: The USDX often moves in anticipation of Federal Reserve policy changes, such as interest rate hikes or cuts. Global Economic Health: The index indirectly reflects how the global economy interacts with the dollar, as it is the world’s primary reserve currency. Traders use the USDX as a tool to gauge the relative strength of the dollar in real-time, helping them make informed decisions in currency, commodity, and equity markets. What Currencies Are in the USDX Basket? The U.S. Dollar Index measures the dollar’s performance against a **basket of six major currencies**, each with a specific weight in the calculation: 1. Euro (EUR)~57.6% weight 2. Japanese Yen (JPY)~13.6% weight 3. British Pound (GBP)~11.9% weight 4. Canadian Dollar (CAD)~9.1% weight 5. Swedish Krona (SEK)~4.2% weight 6. Swiss Franc (CHF)~3.6% weight The dominance of the euro in the basket highlights the close economic ties between the U.S. and the European Union. Other currencies in the basket represent major global economies and trading partners. How to Invest or Trade in the Dollar Index There are several ways to invest in or trade the USDX: 1. Futures and Options: The USDX is traded as a futures contract on the Intercontinental Exchange (ICE). Futures and options on the USDX allow traders to speculate on the dollar’s movements or hedge against currency risks. 2. Currency Pairs: Trading major currency pairs, such as EUR/USD or USD/JPY, offers indirect exposure to the dollar index. For instance, if the USDX is rising, the EUR/USD pair is likely falling. 3. Exchange-Traded Funds (ETFs): Some ETFs track the performance of the U.S. Dollar Index, providing an accessible way for investors to gain exposure without directly trading futures. 4. Forex Market Spot forex trading allows traders to speculate on the dollar’s strength against specific currencies in the USDX basket. 5. Commodities: The USDX indirectly affects commodities like gold and oil. A strong dollar typically puts downward pressure on these assets, offering additional trading opportunities. Limitations of the U.S. Dollar Index While the USDX is a valuable tool, it has some limitations: Narrow Currency Basket: The index only measures the dollar against six currencies, primarily from developed markets. It doesn’t account for emerging market currencies like the Chinese yuan, which are increasingly important in global trade. Euro Dominance: The euro’s large weighting means the index heavily reflects the euro-dollar relationship, potentially overlooking other factors influencing the dollar’s global strength. Static Composition: The basket has not been updated since its creation, which means it doesn’t fully reflect changes in the global economic landscape over the past decades. Ending thoughts The U.S. Dollar Index is a vital tool for understanding and navigating the global financial markets. By tracking the dollar’s performance against a basket of major currencies, the USDX provides insights into market sentiment, monetary policy expectations, and economic trends. Whether you’re an investor, trader, or policymaker, understanding the USDX can help you make informed decisions. If you’re looking to invest or trade the dollar index, there are multiple avenues to explore, from futures contracts and ETFs to spot forex trading. However, always consider the limitations of the index and ensure your strategies account for its biases and composition. The U.S. dollar remains the cornerstone of the global economy, and the USDX is your window into its strength and influence.
TVC:DXYEducation
by pow_removetheguesswork
Bearish Divergence Between DXY US Dollar Index & RSIThe DXY is butting up against a zone of significant resistance, and a bearish divergence between the index and the relative strength index suggests that buying pressure is fading here. A sharp correction in the dollar could have significant implications for gold, silver and other commodities. Today we saw a rally in the DXY on a safe haven bid following news of escalation in Ukraine. If a major conflict between NATO and Russia really does break out, investors may learn the hard way that fiat currencies in fact do not make the best safe havens.
TVC:DXYShort
by smartsilverstacker
Idea for next week.The US Dollar (USD) continued to hover near recent highs amid Trump policy uncertainty, a possible return to US exceptionalism and less dovish Fedspeaks. DXY was last at 106.55 levels, OCBC’s FX analysts Frances Cheung and Christopher Wong note. DXY may enter into consolidation “Overnight, Fed chair Powell said that the Fed does not need to be ‘in a hurry to lower rates’ and that the current strength of the economy allows it to approach decisions carefully. On labour market, he said ‘it is now by many metrics back to more normal levels that are consistent with employment mandate’.
TVC:DXY
by EZIO-FX
U.S.Dollar Chart Update !The US dollar recently broke above its descending triangle pattern and is testing a key horizontal supply zone. While it’s challenging this resistance, a potential pullback could still occur. The Ichimoku Cloud beneath provides strong support, reinforcing the bullish structure. Given the dollar's inverse correlation with crypto, any decisive move could significantly impact broader market trends. Stay alert to shifts in momentum as they may signal changes in the crypto landscape. Disclaimer: This analysis is for informational purposes and is not financial advice. Always stay updated with market movements and adjust your trading strategies as needed. You can DM us for information on any other coin. @Peter_CSAdmin
TVC:DXY
by CryptoSanders9563
This is the only Dollar chart you’ll need for 2025The current strong recovery of the US dollar is largely Trump-related, as his policies suggest that the economy could expand, potentially leading to higher inflation and rates to counteract it. It’s important to recognize that this move since the end of October is a type of euphoria or optimism surrounding Trump. However, once Trump actually takes office, we may see new flows and trend directions emerge. In Trump’s previous term, the dollar turned lower quite aggressively, topping in December 2016/ January 2017. I’m wondering if we could see a similar price action this time. In Elliott wave terms, we should definitely be aware of a potential reversal. Looking at the current chart, we see five waves down followed by an ABC recovery—the most basic and clear Elliott wave structure. The five-wave decline signals a bearish trend starting in 2022/23, and the current pause could set up for another drop in the dollar. Always when you track a correction or a counter-trend move, watch for a three-wave pattern before concluding that the dollar has reached a resistance point. Currently, wave C is still ongoing, possibly in its late stages, though it hasn’t yet reached the 108 level, which is likely an important reversal area. This zone aligns closely with the 61.8% Fibonacci level, a key for the final stages of corrective retracement. To me, this suggests that the dollar could potentially sell off next year. Now, you may be wondering what this means for other markets. It depends on the catalyst behind the dollar’s turn. If a recession triggers it, stocks might also face downside pressure. Alternatively, if the dollar weakens due to extreme inflows into other assets, particularly stocks, then equities could continue pushing higher. A lot of of money is still on the sideline, and is likely waiting for new opportunities, and if stocks will keep pushing up, funds could shift from the dollar to stocks, potentially creating a blow-off top. This could mean that 2025 might be an “interesting” year for stocks, with potential for a major reversal. Grega
TVC:DXY
by ew-forecast
A quick high-low TF analysis of USDX.Next week:correction starts HTF to LTF high/low analysis of the dollar index the USDX. It was interesting to see the gold price rally as the USD$ continued to breakout this week, the dollar's prior weeks volume was massive but its petered during Friday (yesterday) after failing to close higher than the last known candle at this price level 108.33 on a day back in November 2022. Furthermore, the 108 level got rejected and the USDX fell back to close just under the 50% level of the daily candle which is still a bit bearish 107.47. See below my series of charts why I see the USD$ starting to recede next week, I would say commencing Monday. Now to the 4HR chart where the bears have already moved in commencing Friday (yesterday) Further bearish charting on the 30m 10M chart below, more bearish clues. 3M Chart. Is this getting boring? 1M TF a bears head n shoulders is for viewing & price has already retested and moving lower. and finally a 10sec chart for giggles.
EIGHTCAP:USDXShort
by Easy_Explosive_Trading
Dxy down setup for allThe US Dollar (USD) holds ground at rather elevated levels on Monday with a very calm start of the week, with the US Dollar Index (DXY), which gauges the Greenback’s value against six major currencies, slightly in the red near a fresh year-to-date high reached last Thursday above 106.50. The main driver for the currency on Monday is the green light from the Biden Administration on Sunday for Ukraine to use long-range US missiles to target Russian infrastructures within Russian borders, just ahead of the G20 meeting in Rio De Janeiro this Monday. The US response comes after Moscow deployed nearly 50,000 troops to Kursk, the southern Russian region. Reporting on that, “the change comes largely in response to Russia's deployment of North Korean ground troops to supplement its own forces, a development that has caused alarm in Washington and Kyiv,” Reuters said.,.
TVC:DXYShort
by KingForex078