Dollar Index (DXY): Beginning of The Week Analysis | 7/24/22
With interest rate and all the other lovely fundamentals the Dollar has been on bullish run of a life time! The last few days of the previous week, the Dollar did not do so much and even showed some initial temptation to keep shorting on Friday, but as you know .. it never that easy :-) Hence we ended with a three day consolidation.
I expect we may see the Dollar perform some aggressive bearish moves from a technical standpoint, but the sentiments for the Dollar can change as we get closer to the FOMC release. It will be an important to understand this index especially is you are trading anything US related this week.
I expect we may see the Dollar perform some aggressive bearish moves from a technical standpoint, but the sentiments for the Dollar can change as we get closer to the FOMC release. It will be an important to understand this index especially is you are trading anything US related this week.
Nota
Watching - Feds plan to do a rate hike.Nota
We are now pushing to the zone of interest
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Publicaciones relacionadas
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como asesoramiento o recomendaciones financieras, de inversión, de trading o de otro tipo proporcionadas o respaldadas por TradingView. Más información en Condiciones de uso.