Working off the rise in the dollar index DXY
Last week I expected the dollar index to rise to the area of 102 and higher. We made a pullback on it, but the depth of the correction was bigger than initially expected, but it did not affect the result. Now they are making a rebound to 102, but then might correction around 102.30. On Thursday we will know the US inflation for August and the unemployment rate on Friday. On this news the main movements on the dollar will be made.
Last week I expected the dollar index to rise to the area of 102 and higher. We made a pullback on it, but the depth of the correction was bigger than initially expected, but it did not affect the result. Now they are making a rebound to 102, but then might correction around 102.30. On Thursday we will know the US inflation for August and the unemployment rate on Friday. On this news the main movements on the dollar will be made.
FOREX|СМЕ - t.me/newwavetrade
Crypto - t.me/kovachcrypto
Crypto - t.me/kovachcrypto
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
FOREX|СМЕ - t.me/newwavetrade
Crypto - t.me/kovachcrypto
Crypto - t.me/kovachcrypto
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.