Its slope indicates the strength of the trend. Longer averages are used to identify longer-term trends. Shorter averages are used to identify shorter-term trends. Many trading systems utilize moving averages as independent variables and market analysts frequently use moving averages to confirm technical breakouts. The Barchart Technical Opinion widget shows you today’s overall Barchart Opinion with general information on how to interpret the short and longer term signals. Unique to Barchart.com, Opinions analyzes a stock or commodity using 13 popular analytics in short-, medium- and long-term periods.
- Aussie and Pound are on divergent paths as respective central banks meet next week.
- He is the author of two books on technical analysis and has a background in both futures and stock markets.
- The index’s value is indicative of the dollar’s value in global markets.
- Are you tracking these cycles to time your trades?
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Trending Indices
It serves as a gross measure of market activity, indicating the pace at which the nation’s economy is growing or contracting. Generally, a high reading or better-than-expected number is considered positive for the Dollar Index, while a low reading is seen as negative. I didn’t have to search how to use the platform, it’s intuitive. The support chat was there when I had a tiny issue. At the end of 2019, the DXY traded at 96.5, meaning that the US dollar has slightly depreciated versus the basket of currencies since its establishment in 1973.
The US Dollar Index spot price increases when the USD exchange rate strengthens its position in comparison to other currencies. The market data on this page is currently delayed. The New Highs/Lows widget provides a snapshot of US stocks that have made or matched a new high or low price for a specific time period.
The index’s value is indicative of the dollar’s value in global markets. The U.S. Supreme Court is reviewing the legality of tariffs imposed under the 1977 emergency powers statute. A ruling against the administration could unwind a chunk of those duties, impacting trade flows and possibly inflation expectations. It’s not moving markets yet, but it’s worth keeping on the radar. James Hyerczyk is a U.S. based seasoned technical analyst and educator with over 40 years of experience in market analysis and trading, specializing in chart patterns and price movement. He is the author of two books on technical analysis and has a background in both futures and stock markets.
Gold holds gains above the $4,000 mark in the European session on Friday, though it remains below the overnight swing high amid mixed cues. The euro holds the most weight versus the dollar in the index, making up about 57.6 per cent of the weighting, followed by the yen with around 13.6 per cent. The dollar index (DXY00) on Thursday fell by -0.49%. Also, the dollar is still under pressure from the ongoing US government shutdown. The longer the shutdown is maintained, the more likely the US economy will suffer and the more likely the Fed will have to cut interest rates. Risk appetite has not fully enjoyed the treats of a Fed rate cut, strong earnings and trade peace.
- The Barchart Technical Opinion rating is a 24% Buy with a Weakening short term outlook on maintaining the current direction.
- After each calculation the program assigns a Buy, Sell, or Hold value with the study, depending on where the price lies in reference to the common interpretation of the study.
- The index has been stuck in neutral, but all fiat currencies have continued to lose value over the past month.
US Dollar Forecast: DXY Rises Toward 200‑Day MA as ISM Services Beats Forecasts
Copyright © 2025 FactSet Research Systems Inc.Copyright © 2025, American Bankers Association. CUSIP Database provided by FactSet Research Systems Inc. SEC fillings and other documents provided by Quartr.© 2025 TradingView, Inc. You can follow the ups and downs of the Dollar Index at Capital.com. Always stay on top of the latest price developments with our DXY live chart. Follow the rate of the US Dollar Index (DXY) in real-time at Capital.com to spot the best trading opportunities.
US Dollar Index picks up on risk-aversion nearing the 100.00 level
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Technicals
The US Dollar Index was introduced by the US Federal Reserve in 1973 after the dismantling of the Bretton Woods Agreement. The constituents of the foreign currency basket were altered only once when several European currencies were subsumed by the euro in early 1999. Nasdaq dips 1.9% on jobs fears & AI valuation worries. Asian tech stocks follow suit, sparking broad market sell-off. Barchart Insider Commentary brings you breaking stories affecting today’s markets.
The dollar faced Current dogs of the dow additional pressure from cross-currency moves. The euro climbed 0.3% to $1.15225, while sterling advanced to $1.3088 after the Bank of England left rates on hold. Though widely expected, the BoE’s decision helped preserve yield differentials relative to the dollar, reinforcing selling pressure in the DXY basket. The yen also strengthened, with USD/JPY falling 0.4% to 153.51, further dragging on the index. In theory, the direction of the moving average (higher, lower or flat) indicates the trend of the market.
Results are interpreted as buy, sell or hold signals, each with numeric ratings and summarized with an overall percentage buy or sell rating. After each calculation the program assigns a Buy, Sell, or Hold value with the study, depending on where the price lies in reference to the common interpretation of the study. For example, a price above its moving average is generally considered an upward trend or a buy. The longer this rally holds, the more it’s running on incomplete data.
US Dollar Index (DXY)
Also, hawkish comments from Chicago Fed President Austan Goolsbee and Cleveland Fed President Beth Hammack were supportive of the dollar when they said they favored no additional Fed rate cuts. A few macroeconomic factors have a significant impact on the US Dollar Index price. These include, among others, inflation and deflation in the US dollar and foreign currencies included in the comparable basket, as well as economic growth and recessions in the respective countries.
INFLUENTIAL ORGANIZATIONS AND ECONOMIC DATA FOR THE US DOLLAR INDEX
Highlights important summary options statistics to provide a forward looking indication of investors’ sentiment. The Quote Overview page gives you a snapshot view for a specific index. During market hours, indices are 15 minute delay, ET. New delayed trade updates are updated on the page as indicated by a “flash”. The Barchart Technical Opinion rating is a 24% Buy with a Weakening short term outlook on maintaining the current direction. Seasonal & correlation patterns suggest gold could be a steal in November or December.
