If sellers regain control and close the day under the upper line of the channel, their first downside target will likely be ...
On Monday the dollar index closed above its 50-day moving average for the first time in almost six months after the U.S. and the E.U. agreed a trade deal. The 50-DMA is a popular tool for traders ...
If you’ve ever stepped into the world of Forex trading, you already know it’s like stepping into a fast-flowing river — it never stops moving. The currency market operates 24/5, reacting to global ...
The US dollar index (DXY) has crashed hard in the past few weeks, erasing all gains made earlier this year and moving to its lowest level since July 2023. It has plunged by over 9.35% from its highest ...
The U.S. dollar index hit a three-year low Monday amid investor concerns about tariffs, the economic outlook and possible threats to Federal Reserve independence. The index rallied after breaking out ...
However, one chart warrants caution when relying on bearish dollar predictions. That's the dollar index's weekly chart, which shows the 50-week simple moving average (SMA) is on track to cross below ...
Technical indicators are pointing toward more pain ahead, but scope for a rebound remains A closely watched gauge of the U.S. dollar's value tumbled to its weakest level in three years on Thursday, ...
The DXY fell over 10% in the first half, its worst six-month performance since the third quarter of 1991, according to data source TradingView. U.S. President Donald Trump's trade war and constant ...
The U.S. dollar is experiencing a rare volatility squeeze, indicating that a major move is near. Not only is the U.S. Dollar Index currently in a volatility squeeze, but it is experiencing one of the ...
The dollar index (DXY00) Monday fell by -0.66% and posted a 1-week low. The dollar was under pressure Monday after Moody's Ratings late last Friday downgraded the US government's credit rating from ...