Analysis Dollar / DXY
Hello everyone,
I haven't been active the whole week. I'm sharing my analysis for the upcoming week.
The dollar's bullish momentum was purely market manipulation. What I see is a significant amount of liquidity below that the price wants to collect before continuing with its bullish movement.
On the weekly (W) chart, the price is still in consolidation, which could last for a while longer.
The daily (D) chart has been in a downtrend so far, but there was a BOS (Break of Market Structure). For this reason, I believe the dollar will be bearish next week.
I haven't been active the whole week. I'm sharing my analysis for the upcoming week.
The dollar's bullish momentum was purely market manipulation. What I see is a significant amount of liquidity below that the price wants to collect before continuing with its bullish movement.
On the weekly (W) chart, the price is still in consolidation, which could last for a while longer.
The daily (D) chart has been in a downtrend so far, but there was a BOS (Break of Market Structure). For this reason, I believe the dollar will be bearish next week.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.