USD INDEX DXY
Updated
Last one week we have seen a serious upward rise in us dollar index based on various positive and negative events happened. the us market and dollar is being controlled by various turbulent economic and geopolitical situations.
In geopolitical aspects if israel hisbullah issue may bring usa into full on war support to israel against hisbullah in lebanon then the us dollar will fall drastically like hell.
on the financial end if us treasury bonds moves good and new financial policies enacted the dollar will get more boost,
but we expect a retracement of usd dollar index either from 105.57 area or from 105.88 area.
if both these areas are breached then gold will fly to an area of 106.40
For more updates and market new follow us.
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In geopolitical aspects if israel hisbullah issue may bring usa into full on war support to israel against hisbullah in lebanon then the us dollar will fall drastically like hell.
on the financial end if us treasury bonds moves good and new financial policies enacted the dollar will get more boost,
but we expect a retracement of usd dollar index either from 105.57 area or from 105.88 area.
if both these areas are breached then gold will fly to an area of 106.40
For more updates and market new follow us.
Please boost us we can reach more people.
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as we predicted it retracedNote
dxy fallen to our support zone
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