USD DXY-- 2H analysis for August 15th to 19th '22 (3:1 & 9:1)
92
Here is a short-term analysis on what we can expect from the United States Dollar Index for the third (of four) full trading weeks in August, 2022.
Looking for net pushes IN-trend (higher timeframes!) on pairs like EURUSD, GBPUSD, and major US stock indices. A retest toward the most recent high's of the index should be anticipated (at minimum) over the next week or two..
Until the index can close below 105.0 on a 24H candle, I am confident using this publishing as reference when it comes to participating in the markets this week.
Bullish on USD for the next 2 weeks (fed rates rising long term = short on XXXUSD pairs)
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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.