dollar index it seems that dollar index made its top for few months. it will be good for indian stock market. Shortby niftytrader26930
DXY BEARFLAGDXY has been consolidating near the trendline and formed a bearflag in 1 hr tfShortby Punisher00110
DXY STILL BEARISH ?Price is currently at support but there is a possibility of price breaking the current support/trendline and touching a larger support/trendline which has formed below by Punisher00110
Dollar Index will probably move down from this levelDollar Index reached an important level. Low probability of a good up move from here. Thus it looks like this is time for USD to probably pause for a few months as compared to other currencies. Upside first target complete in weekly chart. ---- The index is currently calculated by factoring in the exchange rates of six foreign currencies, which include the euro (EUR), Japanese yen (JPY), Canadian dollar (CAD), British pound (GBP), Swedish krona (SEK), and Swiss franc (CHF). Red more : www.investopedia.com by mkmunir30
DXY little retracement against trendIn my view DXY. Really in short retracement , please it's not prediction not investment adviceShortby flipips110
Time for UD dollar to probably pause for a few months. Time for UD dollar to probably pause for a few months. Upside first target complete. by mkmunir30
DXY CONSOLIDATION PATTERNDollar index is consolidating in the big time frame We are still for the news to get the breakout or the breakdown the further movement in different currency pairs , commodities , equity will be directly depend on it and break on either side will give a start to new bearish cycle or the bullish cycle for dollar index. As per my view we will be going higher towards 120-128 levels in short term .Longby palkeshjain061
DXY,BULLISH ?DXY,there is a possibility of dxy breaking out of this cup and handle pattern and to move upwards,if daily candle does not closes above the trendline there is a possibility of dxy touching the trendline/support formed below.by Punisher00221
weak silversilver weak against us dollar sharp movement & 20 days SMA 112.58 ready for break 113Shortby RatanDuttaUpdated 1
#DXYDXY look’s strong here, if it will able to breakout then we might see 115-116$ within no time, and it will create panic in our Crypto and global market as well..by abrarbala0
#DXYDXY looks strong, if it is able to breakout then we may see115$ within no time, and it will crew panic and crypto and global market by abrarbala0
US Dollar Index - are we ready for new all time high ?US Dollar index has recently completed his fall of wave 4 inside the bigger degree wave 3, and now possibly wave 5 has been started of bigger degree wave 3, Inside 5 it has completed wave 1 and wave 2 of 5, and possibly started to unfold smaller degree wave 1 of 3 of 5, now should retrace as wave 2 of 3 of 5, it would be a buying opportunity with invalidation level of 111.9040, One can go long in dip of wave 2, or can go long on breakout above wave 1's high, in both scenarios stop loss could be same as invalidation level 111.9040, which is nothing but low of wave 1, because as per waves principle wave 2 will never retraces 100% of wave 1.In 1 hour time frame RK's Mass psychological cloud is suggesting to go long only, Because it's above cloud, so don't go short. possible wave counts on 1 hourly chart possible wave counts on 4 hourly chart possible wave counts on Daily chart RK's Mass Psychological cloud in 4 hour RK's Mass Psychological cloud in 1 hour Most investors treat trading as a hobby because they have a full-time job doing something else. However, If you treat trading like a business, it will pay you like a business. If you treat like a hobby, hobbies don't pay, they cost you...! Disclaimer. I am not sebi registered analyst. My studies are for educational purpose only. Please Consult your financial advisor before trading or investing. I am not responsible for any kinds of your profits and your losses. Longby RK_ChaartsUpdated 1112
Dollar Index for the week 17 - 21 OCT 2022Beautiful breakout above 92 as shown the related chart below... right now in bullish territory... Important levels marked for next week. Like... Share... Follow...Longby emraldconsul0
$Dxy At Support Flip 113.39-> Continue Upside!! Lose 112-> 109!!$Dxy At Support Flip 113.39-> Continue Upside!! Lose 112-> 109!!Longby dhilipan980
U.S. Dollar Index (DXY) at crucial point. What's the next move ?The U.S. dollar index (USDX) is a measure of the value of the U.S. dollar relative to a basket of foreign currencies. The USDX was established by the U.S. Federal Reserve in 1973 after the dissolution of the Bretton Woods Agreement. It is now maintained by ICE Data Indices, a subsidiary of the Intercontinental Exchange (ICE). The index is currently calculated by factoring in the exchange rates of six foreign currencies, which include the euro (EUR), Japanese yen (JPY), Canadian dollar (CAD), British pound (GBP), Swedish krona (SEK), and Swiss franc (CHF). The Dollar index also impacts the inflationary trend in India. Though the Indian Rupee is not included in the index, changes in the dollar's index relative to other currencies have an impact on the Indian economy. An increase in the Dollar index makes the dollar strong and depreciates the value of the INR. A weakened rupee makes imports costlier and impacts India Inc.’s profitability due to increased production costs. Increased costs lead to inflation, and the prices of goods and services rise, much to the detriment of consumers. Thus, the overall GDP (Gross Domestic Product) is impacted and suffers a slowdown when the dollar strengthens. * 15 Year cycle is progressing. * Trading withing rising channel. * Arc 1 breakout around July, 2014. * Arc 2 breakout around March, 2022. * Trading near it's resistance (Resistance 5). by MandeepSinghKohli3315
$Dxy Still Consolidation Below 113.39$!!$Dxy Still Consolidation Below 113.39$!! Soon Will Get A BreakoutLongby dhilipan980
EURUSD is ready to fly 100+ PipsThe Reason posting this we have clean SMT Between EURUSD and DXY. EURUSD did MSB in LTF and hit 1h Demand, possible ready to pump during London Open or NYO About DXY price could drop below original consolidation. More update you can find laterLongby DkSwag10107
Still Long way to Move up , Alternative Charting Analysis I have made Efforts in Presenting the chart in alternative Charting Method, which clearly gives us an Edge of Market movement and its sentiments current and future Having said using alternative charting Method, its essentially important to note they ignore time factor, but reliable in Pattern identification, Trend confirmations, and remove Major Complexity in Traders Mind about the stability of Trend factors Expect the USDINR pair to behave in the same manner (relatively) at Once someone told me that it's Impossible, or at least he said I am not in line with Industry's Forecasting Methods or Practice s But fact is they never made Money, Today I am very much Proud of My Knowledge, which resulted in earnings nearing to half billion ($500 Millions) in 5 Years So Friends its up to you what Methods you want to adopt, every method has its own Rules & Guidelines, all you need is to follow the rules set by yourself Follow your dream with set of Methods and rules that support your business Good luck by ShreeKrishna_F2
Dollar IndexBeautiful breakout and then retest and again reaching out to 115+ important reversals marked... Like... Follow... Share....Longby emraldconsul1
CRUCIAL NFP DATA AHEAD!!!Market are betting on fed rates in today mainly. If NFP comes stronger than expected, markets might plunge giving fed signal to raise interest as economy is healthy. However of it comes weak, markets will speculate fed might slow down rates. US Dollar Index could rebound towards the 114.80 high. During last OPEC meet on Wednesday OPEC decided in its first one-on-one meeting since 2020 to cut production by up to 2 million barrels per day from November. Oil prices have fallen to around $90 a barrel from $120 in early June, amid growing fears of the prospect of a global economic recession. However, still not knowing how long will it last and with what intensity, predictions are useless for now. On the other side US opposes such a move, as OPEC keeps oil prices high, resulting in inflationary pressures on consumers and production costs. More specifically, President Biden is disappointed by OPEC's short-sighted decision to reduce production quotas while the global economy deals with the continuing negative effects of Putin's invasion of Ukraine. At a time when maintaining global energy, supplies are of the most importance, this decision will have the most negative impact on low- and middle-income countries that are already struggling with high energy prices. At Biden's direction, the Energy Department will release another 10 million barrels from the Strategic Petroleum Reserve into the market next month. As per opinion looking at the history US do not have a tendency to remain quiet after this big opposing move however based on current situation they not declare straight economic wars against each other however the COLD WAR has already been started and rumours are coming that all the upcoming moves from US are taken under the same considerations, now the Big question arises here is today's NFP will really be based on country's conditions or the it will be based on the Running conflict between other countries, Let's wait for few more hours and we have our answers, For more details and further discussion on this matter even on any other market knowledge feel free to DM us...by FiscalAutonomy1
DXYDXY - DOLLAR INDEX "W" BREAKOUT & ASCENDING TRIANGLE BREAKOUT Immediate Support Zones - 109.50 / 107.60_107.29. As long as sustain above 107.29 MCB, will move up towards 113.26 / 117.785_118.00 / 120.30 to form DOUBLE TOPLongby Stocks_Mario0