Weak economic data, along with CPI and PPI data released earlier this week, reinforced the view that the Fed's rate hike cycle is over. This has strongly affected US government bond yields and caused the 10-year government bond yield to fall below 4.45%, approaching the lowest level since the end of September. With the market expecting the Fed to gradually loosen...
chart to view lavels of usd i view 3 months to trade only indian market . its only view
As Per daily Price Action Dollar Index Broke Lower Side Range 105 level and Sustain Below and Also Price Cross below 50 Ema And RSI Also Cross Below 40 Which Is not Good Sign For Index . We Can See Further Down move In Dollar Index. Wait For Decent bounce In 1 hour Time Frame It Could Be Good Lower Side positional trade .. Stop loss :- Above 106 Level Target:- ...
Hello traders , here is the full multi time frame analysis for this pair, let me know in the comment section below if you have any questions , the entry will be taken only if all rules of the strategies will be satisfied. wait for more price action to develop before taking any position. I suggest you keep this pair on your watchlist and see if the rules of your...
The three major US stock indices continued to eke out small gains while bonds rebounded from Monday’s corrective move lower, pushing yields down again. Several Fed speaks turned out hawkish still despite last week’s dovish pause and data weakness seen in the labour and services sectors. Fed Logan said inflation still remains too high. Fed Waller said the spike in...
Expecting the Dollar Index to continue its upward trend.
TVC:DXY currently at buy zone, can go upto 106 if sustains above 104.733 level
Today DXY D1 chart stochastic is still falling sharply and the histogram is growing almost at 0, the weekly stochastic is also falling sharply and the histogram is also getting shorter so it is likely that DXY will only return to test the bottom and will continue to decline.
DXY was overall bullish but recently it has broken it's last higher low indicating a change of character and a change on trend so we can plan short trades after retracement
Last week, the DXY Index fell below the 106 mark, then continued to fall to the 105.50-105 range. In the short term, the risk of a trend reversal will only appear if the DXY index slips below 105. The decline is driven by the Fed's dovish stance and that will likely cause the greenback to decline. at least for a short while.
Big Blow To DXY Weekly Close Below 105.95 Trouble Will Arise. SL - 107.35 Stay Cautious With US Market.
DXY today is likely to recover slightly and continue to decline, currently DXY is still in the bearish channel and today the news may be bad for DXY because non-agricultural employment is forecast to be bad so the possibility of a decrease in DXY is huge
In this video we discuss how Dollar affects our Indices and how we can trade the markets accordingly with its help.
The DXY chart on the 1D frame formed a bullish leaf, but yesterday DXY had a false breakout, so it is likely that today DXY will tend to decrease, tomorrow there will be news of Non-Farm Employment Change, if the news is bad, DXY may dropped to 104.28, on the 1D chart stochastic is in the overbought area and is trending down, RSI is also trending down. On the H4...
Yesterday DXY fell quite strongly and today the 1D DXY frame is likely to fall forming a head and shoulders pattern, on the daily chart the histogram has begun to gradually decrease and the stochastic has left the overbought area and is showing a downward trend, at The H4 stochastic chart is below the oversold area and the histogram has a negative value, so DXY...
Dollar index is done with upside. Looking good for a tgt of 105.360 in coming days. Chart is self-explanatory.
Looks like the consolidation over for DXY and its ready to fly "Higher for Longer" Some may call it a flag pattern breakout. Momentum Oscillator also after retracing back to 77-80 is rising again. Super move ahead! Equities, commodities are in for a roller-coaster ride. Saavdhan Rahein Surakshit Rahein
DXY i.e dollar index is overall bullish . it is currently consolidating around the golden zone. we can either plan a long now with bullish confirmation or wait for it break the consolidation to the upside for buy. other possibility is that it break it's previous higher low on 1 hr then we can plan a short trade.