U.S. Dollar IndexShort
Analysis on DXY
Hello traders👋, l hope you are doing well too.
From the chart , it's evident that DXY has surpassed the monthly fair value gap(FVG) with strong momentum in the weekly timeframe.
This indicates a strongly bearish bias in the weekly,daily, and 4H timeframe.
Given these factors, there is a high probability that DXY will continue to move lower throughout this week.
From the chart , it's evident that DXY has surpassed the monthly fair value gap(FVG) with strong momentum in the weekly timeframe.
This indicates a strongly bearish bias in the weekly,daily, and 4H timeframe.
Given these factors, there is a high probability that DXY will continue to move lower throughout this week.
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.
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.