US DOLLAR CURRENCY INDEX

DXY INDEX

hitendravasudeo

Breakout attempt. If successful then expect a rally which could mean pressure on equities

ranjith014

1. DXY is currently reversing and resuming in larger wave 3 2. VIEWS invalidated below 88 $

hitendravasudeo

Dollar Index RSI is inoverbought on daily chart. The base for Dollar Index is 90-88. Falling Dollar Index is generally helps the equity market to move up. Remained flat between 90-88 help as well. Now Dollar Index has been up as seen in the chart. Daily chart gets in Overbought. The trend line resistance is around 93. The lower top is 93.44. The supply...

ranjith014

1. Dollar index has completed the corrective pattern A-B-C in the longer term chart 2. Had made double bottom around 89.5$ 3. Expect dollar to rebound tp 93$. View invalidated if below 89.5 $

ranjith014

1. Dollar index strong -Will revisit 93 levels 2. Views invalidated below previous low on DCB 3. Targets will be extended to 100 based on closure,

sinharajat76

Analyze

hitendravasudeo

Dollar Index Lower top breakout above 91.40 and higher top and higher bottom sequence is in place Expect 94 to be tested with volatility. Support of 91.4 need to be violated very quickly for world equities to prosper in near term. Negative divergence on RSI but negative divergence at time tend to delay the fall.

sudhannayak

Om Namah Shivay Dollar Index on daily level looks moving to a new target. There is an alternate option where there is room for little more correction. Om Namah Shivay

rohit_dogra

Relationship between US Dollar Index and Brent Crude Price as it is a Commodity. Also, go through this reference: researchrepository.wvu.edu

rohit_dogra

Gold is an asset. As such, it has intrinsic value. However, that value can fluctuate over time, sometimes in a volatile fashion. As a rule, when the value of the dollar increases relative to other currencies around the world, the price of gold tends to fall in U.S. dollar terms. It is because gold becomes more expensive in other currencies. As the price of any...

shreyan2771999

kkn

TukkaNomist

DXY is on edge of the support at 96. RSI has formed positive divergence but yet not turned up. Circle marks the perfect support which should be touched by 23-26th July, if it has to work. The overall frame of the trend is still pointing 94 but positive divergence can't be ruled out. Better to be on the sideline and see which support is in motion. If it comes to 94...

nihitjain

Ichimoku, MACD and RSI, all point towards another downtrend. The U.S. not able to control the surge in new COVID-19 cases is also not helping the index fundamentally. Below 96 again??

rohitkaran

DXY appears to be overbought on momentum indicators and at the same time there is a AB=CD pattern on the chart

priceactionexpert

ENCODED ZONES price has to stop here and bounce and decide be careful in the mentioned marked areas

yossarian121

Possible H&S

Janak_S

So Dollar Index has met with its old friend - a downtrendline - after a long time. We can expect an interim fall in the index from current levels of 92.7 to levels of around 91. Its a contra position to market sentiments, hence extreme caution is adviced, however the gains will be sweet! The RSI is also dropping from overbought levels to 68 levels, look poised to...

SaravananM

DOLLAR MONTHLY ANALYSIS Forms Cypher pattern such that It will move down until 83.50 Retracement region in the coming months