$DXY is getting closer to a strong resistance. pic.twitter.com/9Oi6id7UNf — Aksel Kibar, CMT (@TechCharts) September 7, 2023 Today’s Chart of the Day was shared by Aksel Kibar (@TechCharts). The US Dollar Index ($DXY) is on track to book an eight-week winning streak, its longest since 2014 when it rose for 12 consecutive weeks. It closed […]
Chart of the Day – Wednesday, August 3, 2023
Today’s Chart of the Day was shared by Brian Joyce (@Nasdaqbjoyce). The Dollar Index ($DXY) is at a crossroads again, and the next move for stocks could hinge on the path it takes. $DXY broke down to a 15-month low three weeks ago, after violating the February/April lows, around $101. However, that breakdown is failing […]
Chart of the Day – Wednesday, July 12, 2023
U.S. Dollar continues to get hammered as it has now fallen to a 15-month low pic.twitter.com/AVeXh5S7Bg — Barchart (@Barchart) July 12, 2023 Today’s Chart of the Day was shared by Barchart (@Barchart). Today was the worst day for the US Dollar Index ($DXY) since January, as $DXY slid -1.07% to a 15-month low. Stocks struggled […]
Chart of the Day – Monday, May 15, 2023
Pretty much a holding pattern across key assets heading into the debt ceiling….$ES_F $GLD $TLT pic.twitter.com/LXcBOtRmSj — Arun S. Chopra CFA CMT🧐 (@FusionptCapital) May 15, 2023 Today’s Chart of the Day was shared by Arun Chopra (@FustionptCapital). If this market has been putting you to sleep lately, you’re not alone. Arun points out that the […]
Chart of the Day – Friday, May 12, 2023
$DXY US Dollar Index 1D Best week since Sept 2022, trading above the 50-day moving average with RSI > 50. 105 remains an important S/R zone. pic.twitter.com/i0YRQNVr2K — Shane C. Murphy (@murphycharts) May 12, 2023 Today’s Chart of the Day was shared by Shane Murphy (@murphycharts). The US Dollar Index ($DXY) is back in the spotlight […]
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