USD INDEX (DXY)

20 abr

Analysis Week - 22 Apr 2024

Daily - Range / Bullish
Cloud (D) - Above Cloud

Weekly - Range / Bullish
Cloud (W) - Within Cloud

Mid Term - Range

________________________________________________

Reaching a Target Area Soon, Be Patient

4 may

Nota

Analysis Week - 6 May 2024

Daily - Range / Bearish
Cloud (D) - Above Cloud

Weekly - Range / Bearish
Cloud (W) - Above Cloud

Mid Term - Range
_______________________________________

Apr/May Central Bank Meeting Update:
ECB - Neutral
BOJ - Dovish
FED - Neutral
BOE - TBA
RBA - TBA
BOC - Neutral (Refer USD for Direction)

___________________________________
Price did not tag the initial Target Area and reversed.
With the recent data releases; FOMC, NFP & Services Data, I am slightly bearish USD [Est DXY 104 | Test Cloud Support] next week and going into US CPI in the following week. The US economic calendar is light next week.

7 may

Nota

Apr/May Central Bank Meeting Update:
ECB - Neutral
BOJ - Dovish
FED - Neutral
BOE - TBA
RBA - Neutral / Mixed
BOC - Neutral (Refer USD for Direction)

9 may

Nota

Apr/May Central Bank meeting:
ECB - Neutral
BOJ - Dovish
FED - Neutral
BOE - Bearish Vote, Neutral Fwd Guidance / Mixed
RBA - Neutral / Mixed
BOC - Neutral

11 may

Nota

Analysis Week - 13 May 2024

Daily - Range
Cloud (D) - Above Cloud

Weekly - Range
Cloud (W) - Above Cloud

Mid Term - Range

Looking for CPI to provide fresh direction for USD | DXY
- Favouring fresh USD shorts if CPI release is weaker, with a combination from a softer FOMC, NFP & Services Data
- In the event CPI release is better than consensus, will take trades according to corresponding price action

15 may

Orden cancelada

Short term bearish USD with the recent CPI release.
Looking for DXY to test 104 and trendline.
Will update new analysis on a new post moving forward.