In theory, the direction of the moving average (higher, lower or flat) indicates the trend of the market. 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.

Barchart Technical Opinion

Barchart Insider Commentary brings you breaking stories affecting today’s markets. The Barchart Technical Opinion rating is a 24% Buy with a Weakening short term outlook on maintaining the current direction. Trade relations, global growing seasons, and moves in the dollar, gold, and silver are important catalysts to watch this week. The dollar index traded in a narrow range, mostly between 97 and 99, in October. The index has been stuck in neutral, but all fiat currencies have continued to lose value over the past month.

Japanese Yen pulls back from over one-week top against USD on weaker domestic data

• Risk appetite has not fully enjoyed the treats of a Fed rate cut, strong earnings and trade peace.
• Losses in the dollar were limited on Thursday after stocks fell, which boosted liquidity demand for the dollar.
• The Russian ruble has emerged as one of 2025’s strongest currencies, supported by high interest rates, tight capital controls, and optimism over a potential ceasefire in Ukraine — making the USD/RUB…
• By moving the start and end of the timeframe in the bottom panel you can see both the current and the historical price movements of the instrument.

Seasonal & correlation patterns suggest gold could be a steal in November or December. Post-Diwali demand drops, and a stronger dollar plays a role. 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. This page includes full information about the US Dollar Index, including the US Dollar Index live chart and dynamics on the chart by choosing any of 8 available time frames.

Fed’s Waller: Rate Cut Needed Soon

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. 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.

• The Barchart Technical Opinion rating is a 24% Buy with a Weakening short term outlook on maintaining the current direction.
• For example, a price above its moving average is generally considered an upward trend or a buy.
• When prices are rising they are usually above the average.
• Unique to Barchart.com, Opinions analyzes a stock or commodity using 13 popular analytics in short-, medium- and long-term periods.
• CUSIP Database provided by FactSet Research Systems Inc.

Related instruments

For example, a price above its moving average is generally considered an upward trend or a buy. By moving the start and end of the timeframe in the bottom panel you can see both the current and the historical price movements of the instrument. In addition, you have an opportunity to choose the type of display of the US Dollar Index live chart – Candles or Lines chart – through the buttons in the upper left corner of the chart. The dollar retreated on Thursday after a report from Challenger showed US job cuts in October surged by 175% y/y, the most in 22 years, bolstering the outlook for the Fed to keep cutting interest rates.

Filecoin leads the rally with 50% gains, while Dash rebounds from the $100 mark and Tezos marks a falling wedge pattern breakout. Highlights important summary options statistics to provide a forward looking indication of investors’ sentiment. Whether you’re a bull or a bear this week, here’s an options strategy for you. The Russian ruble has emerged as one of 2025’s strongest currencies, supported by high interest rates, tight capital controls, and optimism over a potential ceasefire in Ukraine — making the USD/RUB… March Euro currency futures present a selling opportunity on more price weakness.

For the major indices on the site, this widget shows the percentage of stocks contained in the index that are above their 20-Day, 50-Day, 100-Day, 150-Day, and 200-Day Moving Averages. The Federal Reserve delivered its second consecutive interest rate cut on Wednesday, lowering its benchmark rate by a quarter-point to a range of 3.75% to 4.0%. Filecoin, Dash, and Tezos are spearheading the broader cryptocurrency market recovery with double-digit gains over the last 24 hours.

US Gross Domestic Product (GDP) refers to the total market value of all final goods and services produced in the United States. 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. Gold is looking to find a strong foothold above the $4,000 threshold early Friday, with buyers returning in tandem with safe-haven flows. The focus now remains on the preliminary release of the University of Michigan Consumer Sentiment data for a fresh take on the health of the US economy.

Trending Indices

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. Stocks must have traded for the specified time period in order to be considered as a new High or Low. Losses in the dollar were limited on Thursday after stocks fell, which boosted liquidity demand for the dollar. Also, hawkish comments from Chicago analyze forex effectively 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. Risk appetite has not fully enjoyed the treats of a Fed rate cut, strong earnings and trade peace.

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. The preliminary Michigan Consumer Sentiment Index data will be eyed later in the day. When prices are rising they are usually above the average. This is to be expected since the average includes data from the previous, lower priced days. As long as prices remain above the average there is strength in the market.

Fedspeak, the US Supreme Court and US data could challenge the Dollar’s current strength. Aussie and Pound are on divergent paths as respective central banks meet next week. 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”.