DXY Complete Analysis & Forecast: Why DXY Is Important In MarchTraders, DXY (Dollar Index) represents the strength of the dollar against major currency pairs. But it is more than that. Nearly all financial markets are so far dependent on the usdollar directly or indirectly. That means if dollar moves up and down nearly all markets including indices (us500, dow jones etc.) , cryptos (Bitcoin, ethereum etc.), commodities (gold, silver, usoil etc.) will move up and down.
So does not matter whether you trade DXY (dollar) or not. You must watch it and analyse its moves.
All the best in March and 2021
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1. Never trade too much
2. Never trade without a confirmation
3. Never rely on signals, do your own analysis and research too
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-Vik
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📌 DISCLAIMER
The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of education only.
Not a financial advice or signal. Please make your own independent investment decisions.
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Usindex
DOW JONES - US30 video top-down AnalysisHello everyone, here is the top-down analysis for DOW JONES, feel free to request any pair/instrument or ask any questions in the comment section below.
Best of luck!
DAX-DE30 video top-down AnalysisHello everyone, here is the top-down analysis for DAX, feel free to request any pair/instrument or ask any questions in the comment section below.
Best of luck!
ORBEX: Look at SPX Volumes for Further Clues!Despite the US-China phase one trade deal supporting equities the upside could be minimized if priced in already since as indices have been moving up since the December truce!
Geopolitics suggest more strength, however, technicals indicate otherwise! Will corporate earnings trigger a shift from a macro perspective? Well, either that or weaker US inflation data!
It seems that equities hang on earnings and inflation, whereas the US index only on inflation data.
Timestamps
SPX 8H 01:30
DXY 8H 04:25
Trade safe
Stavros Tousios
Head of Investment Research
Orbex
This analysis is provided as general market commentary and does not constitute investment advice
ORBEX: Equities Rally Continues But Risks Remain Elevated!Equities and the US Index hit the levels we expected last week, however, participants remain encouraged on “phase one” and Brexit conclusions.
Will the rally keep on in 2020 or have investors really misplaced the recent concessions?
The risk of deteriorating relations remains elevated in our opinion!
Timestamp
DXY 4H 00:20
SPX 4H 02:45
NASDAQ 4H 04:55
Trade safe
Stavros Tousios
Head of Investment Research
Orbex
This analysis is provided as general market commentary and does not constitute investment advice
ORBEX: Look at Yields for Further Clues in Equities!Equities keep climbing higher on the back of renewed trade and Brexit optimism and also on the back of monetary policy decisions! Interest rates are on hold, but the Fed did cut three times in 2019!
Will the surge continue into 2020? And if yes, when can we expect the massive sell-off everyone’s been talking about to take place?
ake a pick as we near the end of a cautious year!
Timestamps
DXY 4H 02:10
SPX 4H 04:10
US Yields 06:10
Stavros Tousios
Head of Investment Research
Orbex
This analysis is provided as general market commentary and does not constitute investment advice
ORBEX: DXY Looking Impulsively Bearish After Golden RetracementThe US Index correction up to the 61.80% Fibonacci retracement of minor waves 1-3 missed the 98.66 low of wave 1. This means that the current structure can be still considered impulsive.
With bears pushing prices down sharply, the chances of reaching fresh lows for the completion of minor wave 5 are increasing.
This scenario could be validated below minor 3's low at 97.10. Should that be the case, the index could extend its losses anywhere down between 95.50 and 96.34!
Stavros Tousios
Head of Investment Research
Orbex
This analysis is provided as general market commentary and does not constitute investment advice.
ORBEX: Has the Santa Rally Started Already?In today’s market insights I explain why equities are not affected by reports that China wants existing tariffs removed in order to proceed with phase one of a deal! Perhaps, investors couldn't care less about the consistent back and forth between US and China before they go home for Christmas...
I reveal how I expect the S&P500 to perform in December, and while at it, I also analyse the US index!
Stavros Tousios
Head of Investment Research
Orbex
This analysis is provided as general market commentary and does not constitute investment advice.
ORBEX: Weekend Trade News Likely to Affect SPX, DXY!In today’s marketinsights video recording, I talk about SPX and DXY .
SPX takes a breather from all-time highs offering some pocket-relief to short-term bulls, however, with weekend trade headline news the rally could continue higher.
The US index looks bid too despite the medium-term bearishness as the economy performs incredibly well, supporting the dollar.
From a technical perspective, there's more room to the upside for both. The index, however, will most likely have a harder trip moving higher as its upside is limited. Unless if of course a sharp bullish move occurs, taking out breakeven stops and then reversing rapidly to everyone's surprise.
Stavros Tousios
Head of Investment Research
Orbex
This analysis is provided as general market commentary and does not constitute investment advice.
ORBEX: EQUITIES REACH FRESH ALL TIME HIGHS!In today’s marketinsights video recording, I talk about SPX and DXY .
SPX keeps hitting fresh highs despite Fed's message to keep rates on hold until 2020. Trade wars do seem to be influencing flows more than anything else right now? Whatever the case, sharp upside and overbought hints to exhaustion!
The DXY's recent upside though should be watched closely. It's either an expanded flat or a zig-zag correction, so, could expect either a decline or a correction.
Stavros Tousios
Head of Investment Research
Orbex
This analysis is provided as general market commentary and does not constitute investment advice.
ORBEX: SPX, DXY: What's Next For Indices?In today’s #marketinsights video recording, I talk about #SPX and #DXY.
SPX keeps going up, and with structural variances playing in we could see fresh highs reached in no time. Will the US-China situation and a dovish #Fed boost appetite for equities more?
The US Index, on the other hand, should be watched cautiously. Will this upside impulsive move turn out to be another correction or the real bullish deal?
Stavros Tousios
Head of Investment Research
Orbex
This analysis is provided as general market commentary and does not constitute investment advice.
ORBEX:SPX,DXY - Equities Upbeat As Phase-1 Agreed in PrincipleIn today’s #marketinsights video recording, I talk about China's comments on Phase-1 of a potential trade deal with the US and last Friday's #NFP numbers.
I look at the SPX and DXY as both are affected by the above events in a different way; the S&P500 remains upbeat on Friday's sentiment whereas the dollar index, although yields were seen ending the week higher, was a likely is going to remain under pressure on safe-haven outflows.
Stavros Tousios
Head of Investment Research
Orbex
This analysis is provided as general market commentary and does not constitute investment advice
ORBEX:SPX,DXY -Tradewar Deal Next Month! Brexit Today, Tomorrow?In today's #marketinsights video recording I analyse #SPX and #DXY #Indices!
Equities and Cash Indices are both affected by growing confidence surrounding #tradewars, #Brexit and of course, the upbeat US earning reports that keep coming out!
With Mr Trump expecting a #tradewar deal by the middle of next month and BoJo willing to push through his latest EU-agreed deal through parliament today or tomorrow, it's going to be an interesting start to the week.
Meanwhile, the economic calendar is light today, Monday, making headline news a good market mover!
Stavros Tousios
Head of Investment Research
Orbex
This analysis is provided as general market commentary and does not constitute investment advice
ORBEX: #Tradewar #Brexit: Two Deals, Not One, TWO DEALS!In today's #marketinsights video recording I analyse #SPX500 and #DXY
SPX Bid on:
- US-China limited deal
- Brexit front optimism
*Performance depends on deal details and US earnings!
US Index Down on:
- Trade optimism
- Fed willing to cut again
And despite UoM was upbeat!
Stavros Tousios
Head of Investment Research
Orbex
This analysis is provided as general market commentary and does not constitute investment advice
ORBEX: DXY, SPX - FED to Delay Cut? Trade Talks Resume ThursdayIn today's #marketinsights video recording I analyse #dxy and #spx
Both affected by:
- post-NFP flows (seen as positive for now, delaying Fed cut)
- Poor ISM last week (numbers affected by tradewars)
- Expectations on trade talks (resume on Thursday but looking pessimistic)
Stavros Tousios
Head of Investment Research
Orbex
This analysis is provided as general market commentary and does not constitute investment advice
ORBEX: DXY, SXP Affected by US-Sino TradeWar ReescalationIn today's #marketinsights video recording I analyse the US Index and S&P 500
What affects #DXY and #SPX:
- China cancels a visit to US farms
- Trump says no need for trade deal before 2020 elections, in response to Chinese cancelation
- US President also says won't do a partial deal, only complete deal
- Fed rate cut
- Dovish banks
Stavros Tousios
Head of Investment Research
Orbex
This analysis is provided as general market commentary and does not constitute investment advice