DXY Long
Dollar index will most likely go up over the next few weeks from a technical prospective. Bouncing off from support level.
From Fundamental side, some offshore investments will likely be pulled back to U.S. and borrowing to be done with U.S. banks due to perceived lower interest rate + safer environment.
Converting foreign currency to USD to purchase U.S. stocks will increase USD strength too.
Stoploss just below the support level. if stopped out monitor for re-entry opportunities.
Good luck
From Fundamental side, some offshore investments will likely be pulled back to U.S. and borrowing to be done with U.S. banks due to perceived lower interest rate + safer environment.
Converting foreign currency to USD to purchase U.S. stocks will increase USD strength too.
Stoploss just below the support level. if stopped out monitor for re-entry opportunities.
Good luck
Transaction en cours
Move stop to breakevenNote
103.890 is good take profit levelNote
Price movement stopped. time to take some profit, half or quarter.Trade fermée: cible de profit atteinte
partial closeNote
near targetTrade fermée: cible de profit atteinte
Trade closed, target reached.
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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.