Home Markets Futures Chart of the Day: U.S. Dollar Is Breaking Major Levels

Chart of the Day: U.S. Dollar Is Breaking Major Levels

By

-

May 12, 2022

402

While everyone is focused on the meltdown in technology stocks and bond prices, the U.S. dollar is hitting even more historic levels to the upside.

The U.S. Dollar Index started moving in late 2021 as the Federal Reserve got more hawkish. It accelerated after Russia invaded Ukraine and has continued upward every week since the end of March.

The main pattern on today’s chart is the …

For more, please click here to view the related idea and chart analysis on TradingView.

U.S. Dollar Index, weekly *chart with selected events, courtesy of TradingView.*

Explore the most actively traded options

Trade 600+ futures products on an advanced platform

IMPORTANT INFORMATION:

Market Insights, its pages and content are hosted by TradeStation Group, Inc.

TradeStation Securities, Inc. and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., both operating, and providing products and services, under the TradeStation brand and trademark. When applying for, or purchasing, accounts, subscriptions, products and services, it is important that you know which company you will be dealing with. Please click here for further important information explaining what this means.

Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options or futures); therefore, you should not invest or risk money that you cannot afford to lose. Online trading is not suitable for all investors. View the document titled Characteristics and Risks of Standardized Options at www.TradeStation.com/DisclosureOptions. Before trading any asset class, customers must read the relevant risk disclosure statements on www.TradeStation.com/Important-Information/. System access and trade placement and execution may be delayed or fail due to market volatility and volume, quote delays, system and software errors, Internet traffic, outages and other factors.

Rotation Intensifies as Tesla, Alphabet Drop: Market Trends This Week

Oil Could Be Teetering Before OPEC+ Meeting Next Week

Tech Stocks Fall Again. Has the ‘Great Rotation’ Begun?

Big Technology Companies Report Earnings Soon

Oil Could Be Teetering Before OPEC+ Meeting Next Week

Big Technology Companies Report Earnings Soon

Small Caps Surge as a Potential ‘Trump Trade’ Takes Shape

Bulls in the China Shop? Options Surge Before Big Events

Big Technology Companies Report Earnings Soon

The Bond Market Could Be Looking Past a Hawkish Fed

Do Stocks Face a Wall of Money — Even After Big…

Why Do Stocks Move? Learn 7 Catalysts That Drive Price Action…

Rotation Intensifies as Tesla, Alphabet Drop: Market Trends This Week

No ‘Stag’ and Not Much ‘Flation’? Market Trends This Week

Stocks Jump to Another Record High With Rate Cuts Expected

S&P 500 Crosses 5,600 as Pre-April Bullishness Returns: Market Trends

Chart of the Day: U.S. Dollar Is Breaking Major Levels

LATEST NEWS

Big Technology Companies Report Earnings Soon

Bulls in the China Shop? Options Surge Before Big Events

Key Points About Selling Credit Spreads

Rolling Options: Key Things for Traders to Know

These AI Stocks Could Be Active With Nvidia Earnings Later Today

MUST READ

Tech Stocks Fall Again. Has the ‘Great Rotation’ Begun?

Small Caps Surge as a Potential ‘Trump Trade’ Takes Shape

Rolling Options: Key Things for Traders to Know

Futures Trading Coach: This Is How Low Crude Oil May Fall

Stocks Halt at Key Level as Greenback Soars and Retailers Climb