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Chart of the Day – Wednesday, August 3, 2023

August 3, 2023 Patrick Dunuwila

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 […]

$DXY, Brian Joyce, Chart of the Day, US Dollar

Chart of the Day – Wednesday, July 12, 2023

July 12, 2023 Patrick Dunuwila

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 […]

$DXY, $SPX, Chart of the Day, US Dollar

Chart of the Day – Thursday, April 13th, 2023

April 13, 2023 Patrick Dunuwila

$DXY Dollar peaking over the edge.. pic.twitter.com/Cx3FTHp0ab — David Yocum (@YocumsCharting) April 13, 2023 Today’s Chart of the Day was shared by David Yocum (@YocumsCharting). The US Dollar Index is on track for its fifth consecutive down week, marking its longest weekly losing streak in more than two years. It closed at its lowest level […]

$DXY, Chart of the Day, US Dollar

Chart of the Day – Thursday, February 23rd, 2023

February 23, 2023 Patrick Dunuwila

The wrecking ball is back.#USD $DXY pic.twitter.com/YHRgFccrll — Greg Rieben (@gregrieben) February 23, 2023 Today’s Chart of the Day was shared by Greg Rieben (@gregrieben). This is one of the more concerning charts out there right now. It’s a daily candlestick chart of the US Dollar Index ($DXY) over the past 16 months. The Dollar […]

$DXY, Chart of the Day, Greg Rieben, US Dollar

Chart of the Day – Monday, February 6th, 2023

February 6, 2023 Patrick Dunuwila

$DXY Houston, …. pic.twitter.com/7pTeYa5J5t — brian.joyce.nasdaq (@Nasdaqbjoyce) February 6, 2023 Today’s Chart of the Day was shared by Brian Joyce (@Nasdaqbjoyce). The US Dollar index kicked off the week on a strong note after hitting a nine-month low on Thursday. It’s back above that crucial  $103 level, which increases the likelihood of a failed breakdown. As we […]

$DXY, Brian Joyce, Chart of the Day, US Dollar

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