The DXY index has been stuck between 105.35 and 106.9 for the past three weeks. This trading range is likely to remain in place for a while longer. However, looking at the weekly chart, the bullish trend is clearer for the greenback. Therefore, we can expect the DXY index to break the 106.90 level and rise to the 108 mark in the near future. Meanwhile, the Euro...
Closing this morning's trading session, the DXY index is stuck in a narrow range between 105.97-106.67 last week. The current key support level for this index is 106. If the DXY Index can maintain well above the 106 mark, the short-term outlook will be bullish, possibly even reaching the 107-108 mark. On the other hand, if this index falls below the 106 mark, it...
I expecting more uptrend for Dollar and we will see if it wont break uptrends for these week ahead
After a relook at our analysis we entered again and adjusted stop lose accordingly. even if we did not we were still correct in saying the DXY is going to bee bullish. well done Lungu FX team! like to analysis has been provided for reference