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Dollar_index

What is the Dollar Index - DXY - USDX ?What is the Dollar Index? The U.S. Dollar Index is a geometrically-averaged calculation of six currencies weighted against the U.S. dollar Which currencies are included in the U.S. Dollar Index? The U.S. Dollar Index contains six component currencies: the euro, Japanese yen, British pound, Canadian dollar, Swedish krona and Swiss franc. What is the Formula Of DXY Here is the formula for calculating DXY: DXY = 50.14348112 × EUR/USD^(-0.576) × USD/JPY^(0.136) × GBP/USD^(-0.119)
TVC:DXYEducation
by FxCanli
40
Gold - TOTAL Solar Eclipse First Since 1776 Cross Over USA (signThere are many rabbitholes to dig deeper into, one of which are the coincidental total solar eclipses occuring specifically over a continent only viewable in that region in history corresponding with happenings. 1612 Africa, 1776 USA, 1914 Europe, 1918 Viewable for usa, 2017 USA, 2024 USA. There are many more ofc (not sure if the dates are right, taken out of my mind) Stay safe and take a moment to contemplate over what history tells us, have shown us economically speaking in regards to sound money, manipulation, debt, wealth transfer. If united we can take back our freedom across the globe. Dollar_Index keeps falling…
FX_IDC:XAUUSD
by thefreedommatrix
Question - How will you trade EURUSD? Question (I know what I'm doing, but I want to read your opinions)... During the last month, EURUSD has been trading around its 200 weeks MA line. 1.17-1.19 was a potential Sell Zone that I've mentioned in my previous analysis. On one hand, EURUSD respects the Sell Zone. On the other hand, EURUSD has managed to close above its 200 weeks MA line for the last two weeks (found support near 1.17 - 2015's high). How will you trade EURUSD in the near term future? Do you prefer to be a buyer? Or a Seller? In what conditions? Enjoy the weekend!
by themarketzone
1
EURUSD SHORT SETUPHere we have yet ANOTHER setup for EURUSD shorts, this setup needs to be followed EXACTLY in order to not enter a losing position on this trade. We need this current strong candle and current low to find a bottom then retrace up to my sell zone (two red horizontals). From the sell zone, look for sniping opportunities on lower time frames to enter sells toward the take profits given (horizontal greens). WE MAY NOT REACH THE SELL ZONE. In this case, look for a false break of the black trend line. I will also take sells from there. IF WE KEEP FALLING, and get NO RETRACE, then we may have missed our trade. I will only sell based on a solid bullish pullback given there is an opportunity on a 1hour, 30min, or 15min chart. HAPPY TRADING!
Short
by samblum_
Yen about to suffer or benefit from geopolitical uncertainty?The USDJPY is approaching a key level on the weekly chart at 110.30. However is this an opportunity to long given the obvious fact that both countries have different monetary policies ? Or given the fact that Abe's popularity is tanking as a result of the scandal may cause markets to reassess the probability of him seeing his abenomics policies to fruition remains to be seen. Read more about it. www.bloomberg.com Thus, probable scenarios moving forward a. 110.30 supported with stop below 108.00 with target at 113.40 and above (Month end flows and FOMCweek) b. 110.30 breached and weekly trendline broken but supported at 109.30 (USDOLLAR continues to tank without finding support) c. Sideways trading between levels 108.40 and 110.30 (Directionless until NFP in August )
by revelationtrading