not a good sign for bullsas the dollar index clearly shows a break within the descending triangle . the global markets weakened . if it continues then the indexes might fall for a correction . have an eye on all your positions . trial your stop losses . be preparedby naveen_kumar_PS0
US Index breakoutEmerging markets are likely to correct from its tops if this breakout happens. This is for educational purpose.Shortby NIFTY_BANKNIFTY_TRADER0
DXY: Key to Continuation of the Current Emerging Market RallyOne of the key drivers of the current rally in Emerging Market and commodities has been weakness in DXY. It is soon going to test the all important level of 87.5-88.5 where it may find support in the near term. We will be closely watching the reaction of the DXY to these levels. While we believe that these levels may eventually be broken but a bounce from that level cant be ruled out as DXY is oversold. Shortby TheWizardsZone0
DXY WAVE 5 DOWN The dollar index sold off from the 40dema and daily momentum is on the verge of signalling a sell. As it does and confirms wave 5 down, the minimum projection based on 38.2% of waves 1-3 is to 90.15. If prices continue lower into the end of October to the lower end of the channel we end up at 88.7Shortby deepenUpdated 1
DXY (Dollar Index) AnalysisSome divergence in Indicators and near previous long term support. Small rebound expected. Longby Tarun_Kumar986
U.S DOLLAR DXY INDEX Good long candidate.U.S DOLLAR DXY INDEX CMP 90 Falling wedge chart pattern formation. Elliot wave study. RSI bullish divergence. Index is on verge to complete impulse phase of elliot wave,, if corrective wave unfolds good rise can be seen. Support trend line falling wedge pattern around 90 levels ,,with bullish divergence in RSI ,indicate reversal.Longby RUDRA0070
U.S DOLLAR DXY INDEX Good long candidate.U.S DOLLAR DXY INDEX CMP 90 LEVELS Good long candidate at this levels. Rounding bottom formation on weekly time frame support around 89.8 levels Rising parallel channel support around 89 levels View gets negated below 88.7 on closing basis. Upside can move to levels 94-96-98-100-103.....Longby RUDRA0072
Near supportDXY is near the end of current down fall. 88.70-88.40 is the zone where a short term bottom may form. From there spike towards 93.93.50 is possible.Longby TukkaNomist1
Higher TImeframe view of DXY(dollar indexDollar looks movementum nagative, if it Break this middle area then The probability of DXY to going down can be increases.Shortby Bhattharsh0812
DXY to hold weekly support trendline, near 90.26There is weekly support line which should be respected in first attempt, expecting DXY to bounce till 92.8 zone from 90.25-90.3 zone. BUY near 90.26 for target of 92.8 and beyond. This should be bearish for Equities, commodities, cryptos....Longby zeno_Updated 0
Are we on the verge of a US Market drop?Hello. My name is François Normandeau Here is an ADX-BRIEFING related to the 10-Year US Treasury Notes . Currently, on the daily charts , all the indicators we are using are mentioning that the US Dollar Index TVC:DXY is currently in a confirmed downtrend. Historically, there is a strong positive correlation between the US Dollar Index and the US Treasury Notes. if DXY drops, ZN1! drops... if DXY rises, ZN1! rises... relatively speaking and all things being equal. If anyone is currently keeping a major long position related to the US Bond market, then this correlation is worth considering. More details about this post, as well as a video analysis, later today, on our site . Wishing you a great week, François Normandeau Institutional Research Director at ADX-BRIEFING Shortby Pine_Academy0
Relationship between US Dollar Index and Brent Crude PriceRelationship between US Dollar Index and Brent Crude Price as it is a Commodity. Also, go through this reference: researchrepository.wvu.eduby rohit_dogra2
Relationship between US Dollar Index and Gold 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 commodity moves higher, there tend to be fewer buyers, in other words, demand recedes. Conversely, as the value of the U.S. dollar moves lower, gold tends to appreciate as it becomes cheaper in other currencies. Demand tends to increase at lower pricesby rohit_dogra1
us dollar indexon the support .may see an upside to the top level as a result we may some correction in the indian stock market ie nifty 50 ,sensex to the level of 12000...!Longby anandpatel992
The U.S. Dollar Index is still weak last week.The U.S. Dollar Index was still weak last week, falling below the 92 integer, and trend is still downward in the future.Shortby FxIntelligenceIN2
DXY - Important level of supportPrice after the big indecision candle bears took the control and the price keeps on falling from the top. It was expected to take control from the trend line instead it breaks the trend line and retest to fall further. Price is on the support level and in the lower time frame price is forming Falling wedge pattern at the important support level and it is expected to break up. Overall market condition is looking bad for the Bulls. If you find my analysis helpful . . . . . Please show your support by hitting 👍 LIKE button, Your Support is very much 🙏 appreciated!by Tradersasi23223
Pay attention DXY showing RSI Divergence on a weekly and daily chart Channel support and holding a key level from earlier breakoutby TonyStonk0
Pay attentionDXY showing RSI Divergence on a weekly chart Channel support and holding a key level from earlier breakout by TonyStonk0
DXY at a Crucial Point A Monthly close and also the quarterly yearly and even a decade candle coming to end Soon. Any closeing below 91.60 All the above periods could lead to a huge dent on the dollar index. The downside targets could be huge. Shortby BharatJaiin1