USD DXY balanced at highs. Further gains in the coming months

TVC:DXY   U.S. Dollar Currency Index
The anticipated minor corrective pullback has been seen, with prices unwinding lower before posting a sharp bounce from the 99.43 low of 8 December.

Immediate focus is back on the 101.80, (61.8%) retracement of the 2001-2008 fall, the 102.05 monthly high of 24 November and 102.15 high of March 2003, but mixed daily studies suggest potential for consolidation beneath here.

In the coming weeks, however, prices are expected to continue higher, as the Tension Indicator, not shown, strengthens and background readings improve, with a close above 102.05/15 confirming a multi-month USD rally and opening up the 103.20 year high of January 2003.

An unexpected close below the 99.15 break level will delay gains, and turn investors neutral once again, as congestion around 98.00 then attracts.
EN English (UK)
EN English
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Send feedback Ideas Published Followers Following Private Messages Chat Sign Out