US DOLLAR CURRENCY INDEX

The strength of the USDollar DXY is looked at from a Weekly perspective. It represents the strength of USD against 6 other currencies. 1. There is a broad band of possible fragile support. 2. The 200 EMA is some indication of probability for the north or resistance to moving far further south of it. However this is not a prediction. 3. Notably the RSI on this ...

I would expect a pullback to 95.5, where the 50 EMA is, 61.8% Fibbs, also 23.6% Fibbs on larger time frame and 10 EMA on Weekly time frame. From there we could see leg lower to 92 or move higher to 96.5.

I believe price will be heading to test the 6M open, Break of trendline structure and rejected a 15m OB 0.11% within a 4H OB 0.11% Will want to take out all those who have held their dollar shorts Waiting for confirmation; if price rejects 92.90 or 93.05 on a retest and bullish pa is seen 93.15 is the main level I am watching

I believe price will be heading to test the 6M open, Break of trendline structure and rejected a 15m OB within a 4H OB Will want to take out all those who have held their dollar shorts Waiting for confirmation; if price rejects 92.90 or 93.05 on a retest and bullish pa is seen

The last round of rate hikes were 2004-2006.

Interesting setup in the DXY at the end of the week. Supply and Demand levels We are now back into the daily chart demand zone (light blue) with price is testing the hourly demand zone (dark blue) @ 93.33 - 93.15. Supply can be found between 93.96 and 94.11. For those who use indicators for confirmation, the Relative Strength Index indicator is now at 26, well ...

Check the annotated chart. Price trading below 200MA. Retest of the weekly trend-line. Weekly Block EQ tested and held.

The multi-timeframe Monthly vs. Daily analysis both tend to confirm that this is to early to make a decent call on the Dollar. There's still a chance to catch up on nice trades during the consolidation. It's too early to know what this correction will look like, bet let's forecast the most common zigzag .. We would still be searching for A point bottom on montly ...

Failure of 94.50 would be highly significant. Looking for VIX FIX High Readings, in line with VIX standard chart levels.

Downside levels on the chart, but look out for the weekly trendline

Why has the relationship between inflation and unemployment reversed in recent times? (Phillips curve) - 1. 1980s vs 2017 - Expansion in govt and consumer credit, economic boom, demographics 2. unemployment manipulation/ part time, participation rate 4pts lower 63 vs 67. 3. Servicing debt rather than consuming more goods/ services - wage v debt differential 4. ...

Possible Hammer building and a bounce of 61.8 fib. A close above 97.52 would be short term bullish. Watch #EURUSD a close below 1.1180 = dollar bullish

daily chart levels

The DXY likely to see more downside in the short term. If this is the case, other currencies should see an upside for the duration.

fib and trendline confluence

support and resistance levels

The Dollar Index regain strength and this week's risk events may play a big factor whether it will continue to go up or down. The biggest risk event this week will be: https://www.forexfactory.com/ 1. Draghi's speech on Monday 2. Kiwi's Financial stability report and Loonie's GDP on Wednesday 3. Pound's Manufacturing PMI and greenback's ADP on Thursday 4. and ...

Support and resistance levels