US Dollar MilkshakeYou might not understand it.
You might not even like it.
But it is happening!
#USdollar
DXY Most Important Zone To WatchHey Traders, above is an overview on DXY and the most important zone to watch. DXY is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 106.250 support and resistance area.
It's very important to watch DXY at the beginning of every trading week if n
USDX,DXYUSDX price is near the important support zone 100.68 - 99.89. If the price cannot break through the 99.89 level, it is expected that the price will rebound. Consider buying the red zone.
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DXY dropcounted 5 waves on W TF. after wave 5, an ABC correction started.
wave B is going to touch 0.618 of wave A.
dragging a fib on wave A and another on the entire 1-2-3-4-5 impulse on W, give us some nice confluences:
- 0.382 of the W impulse & 1.236 of wave A
- 0.5 of the W impulse & 1.618 of wave A
DXY: Highly overbought on 1D. Excellent short.The U.S. Dollar Index has turned overbought on its 1D technical outlook (RSI = 73.223, MACD = 0.950, ADX = 43.535) as the current weekly candle is only a few clicks away from the top of the 2 year consolidation Rectangle pattern. Even the 1W RSI (67.108) is about to turn overbought but has already r
U.S. Dollar IndexHello to all dear traders. I apologize for the delay in presenting the analyses, as I have transitioned my analysis to the daily timeframe, which has allowed me to examine the market with greater depth and precision.
Currently, we are examining the chart of the DXY (Dollar Index). Based on previous
DXY_INDEX_1D&1Whello
Analysis of the US dollar index
Mid-term and long-term time frame
Elliott wave analysis style
The index in wave C is an upward correction. Wave C consists of 5 ascending waves. We are currently at the end of wave 5, and the resistance of this wave can be considered as the range of 107.180 and
Dollar Index has made the break out!#DXY #dollarindex broke the bullish diamond pattern and trend line resistance. The chart seems bullish. If TVC:DXY does not unclaim this breakout, there' ll will serious corrections in markets, soon.
DXY Upsides: Bullish Rebound At Key Support ZoneHey Traders, in today's trading session we are monitoring DXY for a buying opportunity around 105.700 zone, DXY is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 105.700 support and resistance area.
Trade safe, Joe.
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Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
US Dollar Index CFD (USD) reached its highest quote on Sep 28, 2022 — 114.723 USD. See more data on the US Dollar Index CFD (USD) chart.
The lowest ever quote of US Dollar Index CFD (USD) is 88.510 USD. It was reached on Mar 27, 2018. See more data on the US Dollar Index CFD (USD) chart.
US Dollar Index CFD (USD) is just a number that lets you track performance of the instruments comprising the index, so you can't invest in it directly. But you can buy US Dollar Index CFD (USD) futures or funds or invest in its components.