WCUUSD and dollar indexLooking at WCUUSD, we can track the dollar index in another way. In essence, WCUUSD represents the dollar index, but the oscillations differ in some situations. Here we see that in August last year, we had a very unstable dollar behavior, which is not visible on the classic dollar index chart. Perha
WORLD CURRENCY UNIT / U.S. DOLLARThe World Currency Unit (WCU) is an indexed unit of account that stands for a unit of real global purchasing power. Since each unit by design represents a stable unit of purchasing power, the stipulated interest rate on WCU-denominated bonds represents a real interest rate.
WCUUSD is another way to
WCUUSD long view, Fibonacci + trend lineWCUUSD dropped back to the 61.8% Fibonacci level again. We expect to receive support at that level this time as well as the previous two times. Added support is the trend line from the bottom side. The new start of the WCUUSD bullish consolidation means that the dollar is starting a new growth and r
WCUUSD or dollar indexWCUUSD is another way we can track the strength of the dollar. As we can see, WCUUSD is in a pullback, and the target is the 61.8% Fibonacci level, the same as in the previous pullbacks. Based on this, we could expect the dollar to continue retreating in the coming week or until the end of the month
WCUUSD chart analysisWCUUSD is a powerful chart that can help us determine the dollar trend. Looking at the dollar index chart, we will see a longer picture than this, and here we see that the dollar remains stable and is holding above the support zone. A fall below the 0.76000 level could confirm that the dollar is in
WCUUSD short view - pressure on the dollarWCUUSD is a chart that is based on the dollar and can be a good indicator for us together with the dollar index and the next trend of the US currency. Since February 2023, WTUUSD has been in a bullish channel with pullbacks up to 61.8% Fibonacci levels. After that, we see a new bullish consolidation
World Currency UnitThe WOCU (contraction of "world currency unit") is a standardized basket of currencies — the national currencies of the 20 largest national economies measured by GDP, established in 2008. The basket is reweighed semi-annually according to the relative growth of the economies, whereby constituent cur
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.