DXY (US-DOLLAR) playing GAMES! Good momen tum coming soon?
Updated
Hey tradomaniacs,
looking at DXY we can clearly see how the market does not know what to do.
It`s kinda hard to say where majors go as long as DXY (US-DOLLAR-BASKET) is playing these games.
After three attempts to break through the resistance while SPX500 has shown a fakeout below a Key-Support-Level yesterday DXY continues to consolidate in a range.
I`m carefully watching the current market-depth but its just an random up and down.
A break into any direction will probably cause good momentums to catch.
Stimulus seems to be impossible ahead the election so a break to the upside could be likely.
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)
looking at DXY we can clearly see how the market does not know what to do.
It`s kinda hard to say where majors go as long as DXY (US-DOLLAR-BASKET) is playing these games.
After three attempts to break through the resistance while SPX500 has shown a fakeout below a Key-Support-Level yesterday DXY continues to consolidate in a range.
I`m carefully watching the current market-depth but its just an random up and down.
A break into any direction will probably cause good momentums to catch.
Stimulus seems to be impossible ahead the election so a break to the upside could be likely.
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)
Note
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.