GrizzlyBearBee

Head and shoulders may be forming

Long
FX_IDC:USDNOK   U.S. DOLLAR / NORWEGIAN KRONE
I'm expecting DXY strength in the next few days with stimulus hopes before elections in the US fall. The YM1!, NQ1! & ES1! are struggling to hold on to a critical support level and if they breach the supports, further downside will lead for more DXY demand
ES1! ->
YM1! - >
NQ1! ->

Parts of Europe are heading for lockdowns with some countries have already implemented lockdowns. The demand for the oil linked currency will be low as movement becomes more restricted.

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.