FuturesXray

Dollar Breaks Out Of Tight Range

Long
TVC:DXY   Indice devise Dollar U.S.
In continuation of my dollar analysis for the near term, the DXY broke out of the wedge to the upside. Bitcoin & Gold are strong & oil is steady as of now but can easily pop to the upside with the wars & geopolitical situation in the world.

I also still believe strongly that the markets will continue to rise ahead of the elections. This week seemed to follow the trend i believe will continue until October & November.

This is a follow up to my recent idea of the DXY & the total market including the troubled banks that have exposure to commercial real estate..
(stock market is not correlated with the economy anymore)

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.