DXY, to continue price ascending to 105.834
Updated
Last week's DXY index candle bullishly closed with a strong rejection with from the 104.643 support because all of the USD fundamentals (The CPI, Core PPI, Core Retail Sales, etc.) which occurred last week went to strengthen the dollar.
The DXY is expected to consolidate between current level of 105.351 and 105.00 since there is not important fundamentals between Monday and Tuesday before a potential rise to 105.834
There are important fundamentals coming up this week form Wednesday to Friday
-FOMC Statement and press conference
-Federal Funds Rate
-Unemployment Claims
-Flash Manufacturing PMI
The DXY is expected to consolidate between current level of 105.351 and 105.00 since there is not important fundamentals between Monday and Tuesday before a potential rise to 105.834
There are important fundamentals coming up this week form Wednesday to Friday
-FOMC Statement and press conference
-Federal Funds Rate
-Unemployment Claims
-Flash Manufacturing PMI
Trade closed: target reached
Related publications
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.